Regulators to Sell Pacific Savings Bank: Resolution...

Regulators to Sell Pacific Savings Bank: Resolution Trust Corp., created last month by Congress to dispose of failed S&Ls;, announced plans to sell insolvent Pacific Savings Bank of Costa Mesa and four other large savings and loans located elsewhere in the country. Pacific Savings, with more than $1 billion in assets and nearly $1.3 billion in liabilities at the end of June, is the only California S&L; among the 10 institutions put up for sale in the last three weeks. About 20 California thrifts are under RTC control.