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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Uy3gXBItNI9w97XKcDUBg9Io2GCkQrGKuJSObp6+NrjJtspG8fVJ1hMEFdVTHSCX
 Cl4FHflqTsk2xcnJsqke7A==

<SEC-DOCUMENT>0001179110-03-002230.txt : 20030623
<SEC-HEADER>0001179110-03-002230.hdr.sgml : 20030623
<ACCEPTANCE-DATETIME>20030623161111
ACCESSION NUMBER:		0001179110-03-002230
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030619
FILED AS OF DATE:		20030623

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COLEMAN DONALD
		CENTRAL INDEX KEY:			0001183435

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23911
		FILM NUMBER:		03753449

	BUSINESS ADDRESS:	
		STREET 1:		1410 SW JEFFERSON STREET
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97201-2548

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FOG CUTTER CAPITAL GROUP INC
		CENTRAL INDEX KEY:			0001048566
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				522081138
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1631 SW COLUMBIA STREET
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97201
		BUSINESS PHONE:		5037216500

	MAIL ADDRESS:	
		STREET 1:		1310 S W 17TH ST
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WILSHIRE REAL ESTATE INVESTMENT TRUST INC
		DATE OF NAME CHANGE:	19971027
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -2003-06-19
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0101</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-06-19</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0001048566</issuerCik><issuerName>FOG CUTTER CAPITAL GROUP INC</issuerName>        <issuerTradingSymbol>FCCG</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001183435</rptOwnerCik><rptOwnerName>COLEMAN DONALD</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>  </rptOwnerStreet1><rptOwnerStreet2>  </rptOwnerStreet2><rptOwnerCity>  </rptOwnerCity><rptOwnerState>  </rptOwnerState><rptOwnerZipCode>  </rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle></officerTitle><otherText></otherText></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>Common Stock</value></securi
tyTitle><transactionDate><value>2003-06-19</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>184</value></transactionShares><transactionValue><value>5.70</value></transactionValue><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>40324</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeSecurity><footnotes></footnotes><ownerSignature><signatureName>/s/ Don H. Coleman</signatureName><signatureDate>2003-06-23</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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