CONSENT OF INDEPENDENT AUDITORS



The Board of Directors
Golden State Holdings Inc.:

We consent to the use of our reports included herein and to the reference to our
firm under the heading "Experts" in the prospectus.


                                            /s/ KPMG Peat Marwick LLP
                                            ------------------------------      
                                              KPMG Peat Marwick LLP


San Francisco, California
November 12, 1998