EXHIBIT 99.(A)(1)(D)

                          OFFER TO PURCHASE FOR CASH

                  All Outstanding Shares of Common Stock and
                  Associated Preferred Stock Purchase Rights

                                      of

                               GIANT GROUP, LTD.

                                      at

                              $0.50 NET PER SHARE

          THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M.,
                    NEW YORK CITY TIME, ON MAY 18, 2001,
            UNLESS THE OFFER IS EXTENDED (THE "EXPIRATION DATE")


To Brokers, Dealers, Banks,
   Trust Companies and Other Nominees:

   Enclosed is an Offer to Purchase dated April, 19, 2001 (the "Offer to
Purchase"), and the related Letter of Transmittal (which, together with any
amendments or supplements thereto, collectively constitute the "Offer")
relating to the Offer by GIANT GROUP LTD., a Delaware corporation (the
"Purchaser"), to purchase all of its outstanding shares of Common Stock, par
value $0.01 per share, and the associated Preferred Stock Purchase Rights (the
"Shares"), at $0.50 per Share, net to seller in cash, without interest
thereon, upon the terms and subject to the conditions set forth in the Offer.

   Please furnish copies of the enclosed materials to those of your clients
for whom you hold Shares registered in your name or in the name of your
nominee.

   Enclosed herewith are copies of the following documents:

     1. Offer to Purchase dated April 19, 2001;

     2. Letter of Transmittal to be used by stockholders of the Company in
  accepting the Offer. Facsimile copies of the Letter of Transmittal (with
  manual signatures) may be used to tender Shares;

     3. A printed form of letter that may be sent to your clients for whose
  account you hold Shares in your name or in the name of a nominee, with
  space provided for obtaining such clients' instructions with regard to the
  Offer;

     4. Notice of Guaranteed Delivery to be used to accept the Offer if
  certificates for Shares are not immediately available or if the procedures
  for book-entry transfer cannot be completed on a timely basis;

     5. Guidelines of the Internal Revenue Service for Certification of
  Taxpayer Identification Number on Substitute Form W-9; and

     6. A return envelope addressed to American Stock Transfer & Trust
  Company, the Depositary.

   The Offer is not contingent upon any minimum number of Shares being
tendered, but is conditioned on several other factors, as described in the
Offer to Purchase under the caption "THE OFFER--CERTAIN CONDITIONS OF THE
OFFER."

   Upon the terms and subject to the conditions of the Offer (including, if
the Offer is extended or amended, the terms and conditions of any such
extension or amendment), the Purchaser will accept for payment and will pay
promptly after the Expiration Date for all Shares validly tendered prior to
the Expiration Date and not properly withdrawn as, if and when the Purchaser
gives oral or written notice to the Depositary of the Purchaser's


acceptance of such Shares. Payment for Shares accepted for payment pursuant to
the Offer will be made only after timely receipt by the Depositary of (i)
certificates for such Shares (or a timely book-entry confirmation with respect
thereto), (ii) a Letter of Transmittal (or a manually signed facsimile
thereof), properly completed and duly executed, with any required signature
guarantees, or, in the case of a book-entry transfer, an Agent's Message (as
defined in the Letter of Transmittal) and (iii) any other documents required
by the Letter of Transmittal.

   If holders of Shares wish to tender their Shares, but it is impracticable
for them to deliver their certificates on or prior to the Expiration Date or
to comply with the book-entry transfer procedures on a timely basis, a tender
may be effected by following the guaranteed delivery procedures specified in
the Offer to Purchase under the caption "THE OFFER--PROCEDURE FOR TENDERING
SHARES".

   YOUR PROMPT ACTION IS REQUESTED. PLEASE CONTACT YOUR CLIENTS PROMPTLY.
PLEASE NOTE THAT THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M.,
NEW YORK CITY TIME, ON MAY 18, 2001, UNLESS EXTENDED.

   The Purchaser will not pay any fees or commissions to any broker or dealer
or other person (other than the Information Agent as described in the Offer to
Purchase) in connection with the solicitation of tenders of Shares pursuant to
the Offer. The Purchaser will, however, upon request, reimburse brokers,
dealers, commercial banks and trust companies for reasonable and necessary
costs and expenses incurred by them in forwarding materials to their
customers. The Purchaser will pay all stock transfer taxes applicable to its
purchase of Shares pursuant to the Offer, subject to Instruction of the Letter
of Transmittal.

   Additional copies of the enclosed materials may be obtained by contacting
the Information Agent at the location and telephone number set forth on the
back cover of the Offer to Purchase.

                                          Very truly yours,

                                          /s/ GIANT GROUP LTD.

   NOTHING CONTAINED HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL RENDER YOU OR
ANY OTHER PERSON THE AGENT OF THE PURCHASER, THE DEPOSITARY OR THE INFORMATION
AGENT OR ANY AFFILIATE OF ANY OF THE FOREGOING OR AUTHORIZE YOU OR ANY OTHER
PERSON TO GIVE ANY INFORMATION OR MAKE ANY REPRESENTATION ON BEHALF OF ANY OF
THEM WITH RESPECT TO THE OFFER NOT CONTAINED IN THE OFFER TO PURCHASE OR THE
LETTER OF TRANSMITTAL.