Charles Hurwitz

Charles Edwin Hurwitz (born 1940) is an American businessman and financier known for his role in the 1980s savings and loan crisis, and his takeover of Pacific Lumber Company, a logging company active in Humboldt County, California.

His other holdings have included Kaiser Aluminum Corporation, a pari-mutual racing facilities in Texas, real estate developments throughout the Southwest and the Ozark Mountains in Arkansas; retail store complexes in western New York; a golf resort in Florida and a hotel-condominium resort and 1,300 acres developed in Puerto Rico. In 1988, his company Federated Development built a $75-million resort hotel in Rancho Mirage, California, overcoming opposition from residents, including Frank Sinatra. Provided by Wikipedia