BANKING
CalFed Posts Hefty Loss: Hurt by the soft real estate market, CalFed Inc. posted a $49.5-million loss in the third quarter, compared to a $92.3-million loss in the year-ago quarter. The company expressed doubts about its ability to continue meeting one of the three federal capital standards for thrifts. The Los Angeles-based company, which has been aggressively restructuring and selling assets, set aside $80.7 million in the quarter for possible losses on real estate loans and investments. Industry experts expect that CalFed will have to pump additional money into its thrift unit to bring it up to the standards or seek funds from an investor.
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