TCR_Public/081108.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, November 8, 2008, Vol. 12, No. 267

                             Headlines

GREEKTOWN CASINO: Files Operating Report for September 2008
GREEKTOWN CASINO: Amends Operating Report for June 2008
MERVYN'S LLC: Holding Co. Files Schedules of Assets and Debts
TRICOM SA: Files Operating Report for Month Ended Sept. 30
TWEETER HOME: Files Operating Report for August 2008

TWEETER HOME: Files Operating Report for July 2008
WCI COMMUNITIES: Files Schedules of Assets and Liabilities

                             *********

GREEKTOWN CASINO: Files Operating Report for September 2008
-----------------------------------------------------------

                    Greektown Holdings, LLC
                          Balance Sheet
                    As of September 30, 2008

Assets
Cash                                                       $0
Inventory
Accounts receivable
Insider Receivables                                 2,892,586

Property and Equipment
Land and buildings                                          0
  Furniture, fixtures and equipment                          0

Other Assets
Financing Fees                                              0
Notes receivables from affiliates                 383,718,255
Investments in affiliate                          127,091,809
                                                --------------
Total Assets                                      $513,702,650
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                           $0
Rent and lease payable                                      0
Wages and salaries                                          0
Taxes payable                                               0
Other                                                 800,000
                                                --------------
Total postpetition liabilities                        800,000

Secured liabilities subject to postpetition
collateral or financing order                      69,752,491
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         383,718,255

Prepetition liabilities:
Taxes and other priority liabilities                        0
Unsecured liabilities                             213,592,973
Discount on bonds                                           0
                                                --------------
Total prepetition liabilities                     213,592,973

Kewadin equity                                     (99,399,607)
Monroe equity                                      (87,697,011)
Owner's capital                                        488,947
Retained earnings prepetition                      116,601,907
Retained earnings postpetition                     (14,402,813)
                                                --------------
Total stockholders' equity                        (84,408,578)
Total liabilities                                 598,111,228
                                                --------------
Total Liabilities & Shareholders' Deficit         $513,702,650
                                                ==============

                    Greektown Holdings, LLC
                        Income Statement
             For the month ended September 30, 2008

Total revenue/sales                                         $0
Cost of sales                                                0
                                                --------------
Gross profit                                                 0

Operating Expenses
Interest expense                                    1,657,292
Accounting fees - credit                                    0
                                                --------------
Total expenses                                      1,657,292

Net operating profit/(loss)
Add: Non-operating income                                    0
   Interest income                                           0
   Other income                                              0

Less: Non-operating expenses                                 0
                                                --------------
Net Income (Loss)                                  ($1,657,292)
                                                ==============

                    Greektown Holdings, LLC
                      Cash Flow Statement
             For the month ended September 30, 2008

Cash - beginning of month                                   $0

Receipts                                                    0
Balance available                                           0
                                                --------------
Less disbursements                                          0
                                                --------------
Cash - end of month                                         $0
                                                ==============

                      Greektown Casino LLC
                         Balance Sheet
                    As of September 30, 2008

Assets
Cash                                              $15,872,337
Inventory                                             399,337
Accounts receivable                                 5,389,567
Insider Receivables                                         0

Property and Equipment
Land and buildings                                457,570,941
Furniture, fixtures and equipment                  80,677,920
Accumulated depreciation                         (133,199,156)
Other                                              12,657,500
Other                                             145,291,948
                                                --------------
Total Assets                                      $584,660,393
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                  $32,547,400
Rent and lease payable                                      0
Wages and salaries                                  2,708,506
Taxes payable                                         407,761
Other                                                  87,836
                                                --------------
Total postpetition liabilities                     35,751,504

Secured liabilities subject to postpetition
collateral or financing order                      69,752,491
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         383,718,255

Prepetition liabilities:
Taxes and other priority liabilities                3,219,818
Unsecured liabilities                              31,883,852
Other                                               2,995,156
                                                --------------
Total prepetition liabilities                      38,098,826

Equity                                             47,646,499
Owner's capital                                             0
Retained earnings prepetition                      82,744,007
Retained earnings postpetition                     (3,298,698)
                                                --------------
Total stockholders' equity                        127,091,808
Total liabilities                                 457,568,585
                                                --------------
Total Liabilities & Shareholders' Deficit         $584,660,393
                                                ==============

                      Greektown Casino LLC
                        Income Statement
             For the month ended September 30, 2008

Total revenue/sales                                $25,008,229
Cost of sales                                        2,770,172
                                                --------------
Gross profit                                        22,238,057
Operating Expenses
Officer compensation                                   82,374
Salary expenses, other employees                    4,180,860
Employees benefits & pensions                       1,936,937
Payroll taxes                                         495,942
Other taxes                                           513,396
Rent and lease expense                                  5,072
Interest expense                                    1,898,609
Insurance                                             131,054
Automobile & truck expense                                  0
Utilities                                             249,067
Depreciation                                          647,787
Travel and entertainment                                1,032
Repairs and maintenance                                35,563
Advertising                                           293,993
Supplies, office expense, etc.                         26,921
Gaming taxes                                        6,621,237
G&A expenses                                        1,796,685
F&B expenses                                          532,019
MGCB Fee                                              818,866
Parking/other                                          32,077
Pre-opening expenses                                  278,314
                                                --------------
Total expenses                                     20,577,807

Net operating profit/(loss)                         1,660,251
Add: Non-operating income                                   0
     Interest income                                    23,261
     Other income                                            0

Less: Non-operating expenses                                0
      Professional fees                              1,348,468
      Other                                          1,368,676
                                                --------------
Net Income/Loss                                    ($1,033,632)
                                                ==============

                      Greektown Casino LLC
                       Cash Flow Statement
             For the month ended September 30, 2008

Cash - beginning of month                           $4,386,823

Receipts                                           39,953,491
Balance available                                  44,340,314
                                                --------------
Less disbursements                                 39,720,686
                                                --------------
Cash - end of month                                 $4,619,628
                                                ==============

                      About Greektown Casino

Based in Detroit, Michigan, Greektown Holdings, LLC and its
affiliates -- http://www.greektowncasino.com/-- operates world-
class casino gaming facilities located in Detroit's historic
Greektown district featuring more than 75,000 square feet of
casino gaming space with more than 2,400 slot machines, over 70
tables games, a 12,500-square foot salon dedicated to high limit
gaming and the largest live poker room in the metropolitan Detroit
gaming market.

Greektown Casino employs approximately 1,971 employees, and
estimates that it attracts over 15,800 patrons each day, many of
whom make regular visits to its casino complex and related
properties.  In 2007, Greektown Casino achieved a 25.6% market
share of the metropolitan Detroit gaming market.  Greektown Casino
has also been rated as the "Best Casino in Michigan" and "Best
Casino in Detroit" numerous times in annual readers' polls in
Detroit's two largest newspapers.

The company and seven of its affiliates filed for Chapter 11
protection on May 29, 2008 (Bankr. E.D. Mich. Lead Case No.
08-53104).  Daniel J. Weiner, Esq., Michael E. Baum, Esq., and
Ryan D. Heilman, Esq., at Schafer and Weiner PLLC, represent the
Debtors in their restructuring efforts.  Judy B. Calton, Esq., at
Honigman Miller Schwartz and Cohn LLP, represents the Debtors as
their special counsel.  The Debtors chose Conway MacKenzie &
Dunleavy as their financial advisor, and Kurtzman Carson
Consultants LLC as claims, noticing, and balloting agent.

When the Debtor filed for protection from its creditors, it listed
consolidated estimated assets and debts of $100 million to
$500 million.

(Greektown Casino Bankruptcy News, Issue No. 14; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000).


GREEKTOWN CASINO: Amends Operating Report for June 2008
-------------------------------------------------------

Greektown Casino LLC

Clifford J. Vallier, the Debtors' chief financial officer, says
that the Monthly Operating Report of Greektown Casino LLC for the
period ended June 30, 2008, has been amended to reflect certain
audit adjustments, which were recorded after the preparation of
that statement.  Specifically, these adjustments were recorded,
which caused net income for the period to increase by $1,751,199:

  (1) As a result of the bankruptcy, Casino's interest rates
      increased retroactively to December 31, 2007.  When the
      auditors recalculated Casino's capitalized interest with
      the default rate it was determined that Casino was
      undercapitalized by $1,516,200.  The result was a decrease
      in interest expense and an increase in construction in
      progress on the balance sheet.

  (2) Casino had over-accrued $235,000 of professional fees for
      June 2008 related to the financial advisors to the
      prepetition and DIP lenders.  Accordingly, and Casino
      recorded an adjusting entry to decrease the accrual by the
      $235,000.  The result was a decrease in restructuring
      costs and a decrease in current liabilities.

Casino has also reclassified certain expense items from one line
item to another.  The net effect is zero.  The expense line items
affected by the reclassifications are: rent & lease expense,
repairs & maintenance, and G&A Expenses.

The Amended Items are:

                         Previous    Amended
  Expenses               Amount      Amount     Variance
  --------               ----------  ---------  ----------
  Rent & Lease                   $0     $5,072     ($5,072)
  Interest Expense        4,744,444  3,228,244   1,516,200
  Repairs & Maintenance   1,463,847     62,941   1,400,906
  G&A Expenses            1,411,820  2,807,654  (1,395,834)
                                                ----------
  Total                                         $1,516,200

  Professional Fees      $2,059,045  1,824,045     235,000
                                                ----------
  Amended Income                                $1,751,199
                                                ==========

Greektown Holdings LLC

Mr. Vallier, in addition, says that the Monthly Operating Report
of Greektown Holdings LLC for the period ended June 30, 2008, has
been amended to reflect the flow through of the amendments made
at the Casino level.  Two balance sheet line items have been
affected.  Specifically, the Investment in affiliate account has
been increased by $1,751,200, and the Retained Earnings Post
Petition account has been increased by $1,751,200.

                      About Greektown Casino

Based in Detroit, Michigan, Greektown Holdings, LLC and its
affiliates -- http://www.greektowncasino.com/-- operates world-
class casino gaming facilities located in Detroit's historic
Greektown district featuring more than 75,000 square feet of
casino gaming space with more than 2,400 slot machines, over 70
tables games, a 12,500-square foot salon dedicated to high limit
gaming and the largest live poker room in the metropolitan Detroit
gaming market.

Greektown Casino employs approximately 1,971 employees, and
estimates that it attracts over 15,800 patrons each day, many of
whom make regular visits to its casino complex and related
properties.  In 2007, Greektown Casino achieved a 25.6% market
share of the metropolitan Detroit gaming market.  Greektown Casino
has also been rated as the "Best Casino in Michigan" and "Best
Casino in Detroit" numerous times in annual readers' polls in
Detroit's two largest newspapers.

The company and seven of its affiliates filed for Chapter 11
protection on May 29, 2008 (Bankr. E.D. Mich. Lead Case No.
08-53104).  Daniel J. Weiner, Esq., Michael E. Baum, Esq., and
Ryan D. Heilman, Esq., at Schafer and Weiner PLLC, represent the
Debtors in their restructuring efforts.  Judy B. Calton, Esq., at
Honigman Miller Schwartz and Cohn LLP, represents the Debtors as
their special counsel.  The Debtors chose Conway MacKenzie &
Dunleavy as their financial advisor, and Kurtzman Carson
Consultants LLC as claims, noticing, and balloting agent.

When the Debtor filed for protection from its creditors, it listed
consolidated estimated assets and debts of $100 million to
$500 million.

(Greektown Casino Bankruptcy News, Issue No. 14; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or
215/945-7000).


MERVYN'S LLC: Holding Co. Files Schedules of Assets and Debts
-------------------------------------------------------------

A.   Real Property                                           $0

B.   Personal Property
B.1  Cash on hand                                             0
B.2  Bank Accounts                                            0
B.3  Security Deposits                                        0
B.4  Household goods                                          0
B.5  Collectibles                                             0
B.6  Wearing apparel                                          0
B.7  Furs and Jewelry                                         0
B.8  Firearms and other equipment                             0
B.9  Interests in Insurance Policies                          0
B.10 Annuities                                                0
B.11 Interests in an education IRA                            0
B.12 Interests in IRA, ERISA or other Pension Plans           0
B.13 Business Interests and stocks                            0
       Mervyn's LLC                                 $55,000,000
B.14 Interests in partnerships                                0
B.15 Government and Corporate Bonds                           0
B.16 Accounts Receivable                                      0
B.17 Alimony                                                  0
B.18 Other Liquidated Debts                                   0
B.19 Equitable or Future Interests                            0
B.20 Interests in estate of a debt benefit plan               0
B.21 Other Contingent & Unliquidated claims                   0
      Mervyns Holdings, LLC et. al. v.
      Lubert-Adler and Klaff Partners,
      LP et. al.                                   Unliquidated
B.22 Patents and other intellectual property                  0
B.23 Licenses, franchises, and other intangibles              0
B.24 Customer lists or other compilations                     0
B.25 Vehicles                                                 0
B.26 Boats, motors, and accessories                           0
B.27 Aircraft and accessories                                 0
B.28 Office equipment, furnishings and supplies               0
B.29 Machinery                                                0
B.30 Inventory                                                0
B.31 Animals                                                  0
B.32 Crops                                                    0
B.33 Farming Equipments and implements                        0
B.34 Farm supplies, chemicals, and feed                       0
B.35 Other Personal Property                                  0

       TOTAL SCHEDULED ASSETS                       $55,000,000
       ========================================================

C.   Property Claimed as Exempt                               0

D.   Secured Claim                                            0

E.   Unsecured Priority Claims                                0

F.   Unsecured Non-priority Claims                            0

       TOTAL SCHEDULED LIABILITIES                            0
       ========================================================

                          About Mervyn's LLC

Headquartered in the San Francisco Bay Area, Mervyn's LLC --
http://www.mervyns.com/-- provides a mix of top national brands
and exclusive private labels.  Mervyn's has 176 locations in seven
states.  Mervyn's stores have an average of 80,000 retail square
feet, smaller than most other mid-tier retailers and easier to
shop, and are located primarily in regional malls, community
shopping centers, and freestanding sites.

The company and its affiliates filed for Chapter 11 protection on
July 29, 2008, (Bankr. D. Del. Lead Case No.: 08-11586).  Howard
S. Beltzer, Esq., and Wendy S. Walker, Esq., at Morgan Lewis &
Bockius LLP, and Mark D. Collins, Esq., Daniel J. DeFranceschi,
Esq., Christopher M. Samis, Esq. and L. Katherine Good, Esq., at
Richards Layton & Finger P.A., represent the Debtors in their
restructuring efforts.  Kurtzman Carson Consultants LLC is the
Debtors' claims agent.  The Debtors' financial advisor is Miller
Buckfire & Co. LLC.  Mervyn's LLC's balance sheet at Aug. 30,
2008, showed $665,493,000 in total assets and $717,160,000 in
total liabilities resulting in a $51,667,000 total stockholders'
deficit.

(Mervyn's Bankruptcy News; Bankruptcy Creditors' Service
Inc., http://bankrupt.com/newsstand/or 215/945-7000)


TRICOM SA: Files Operating Report for Month Ended Sept. 30
----------------------------------------------------------

                       Tricom S.A., et al.
                    Consolidated Balance Sheet
                            (Unaudited)
                      As of September 30, 2008

ASSETS

Current Assets:
   Cash and Cash Equivalents                        $12,717,662
   Accounts Receivable                               26,121,634
   Inventories, Net                                   3,251,836
   Prepaid Expenses                                   7,888,855
   Deferred Income Taxes                                133,141
                                                 --------------
      Total current assets                           50,113,128

   Property and equipment, net                      246,465,073
   Pledged Securities                                   142,965
   Intangible Assets                                  2,664,641
   Other assets                                       4,466,004
                                                 --------------
   TOTAL ASSETS                                    $303,851,811
                                                 ==============

LIABILITIES & SHAREHOLDERS' EQUITY

Liabilities Subject to Compromise (Prepetition)
   Short term obligations (Bank Overdraft)             $121,070
   Accounts Payable                                           -
   Long Term Debt                                   441,454,822
   Other Liabilities                                  1,740,579
   Interest Payable                                 278,314,686
   Accrued Expenses                                   4,710,760
                                                 --------------
                                                    726,341,917

Liabilities not Subject to Compromise (Post-petition)
   Short term obligations (Bank Overdraft)                   50
   Accounts payable                                  21,791,688
   Restructuring Related Items                        4,911,633
   Interest Payable                                     131,904
   Accrued expenses                                  10,605,824
   Other liabilities                                    379,604
   Deferred Revenues                                  2,311,569
                                                 --------------
                                                     40,132,272
                                                 --------------
     Total current liabilities                      766,474,189

   Reserve for severance indemnities                    236,053
   Deferred income tax                                  133,141
                                                 --------------
     Total liabilities                              766,843,383

Shareholder's equity:
   Common stock - Class A                            24,951,270
   Common stock - Class B                            12,595,095
   Additional Paid in capital                       275,496,988
   Legal reserve                                      2,189,281
   Retained earnings (Losses)                       (24,840,570)
   Retained earning (Loss) Prior years             (751,359,874)
   Equity adjustment from foreign
      currency translation                           (2,023,762)
                                                 --------------
     SHAREHOLDER'S EQUITY, NET                     (462,991,572)

     TOTAL LIABILITIES & SHAREHOLDERS' EQUITY      $303,851,811
                                                 ==============

                        Tricom S.A., et al.
               Consolidated Statements of Operations
                            (Unaudited)
               For the Month Ended September 30, 2008

Operating revenues                                  $17,810,452
Operating costs and administrative expenses         (18,833,393)
Restructuring Related Items                            (957,000)
                                                 --------------
    Operating income                                 (1,979,941)

Interest expenses                                      (466,480)
Interest income                                          23,774
Foreign currency exchange                                42,385
Other                                                   127,292
                                                 --------------
    Total other income (expenses)                      (273,029)

    Net earnings (Loss) Pre-Tax                      (2,252,970)
                                                 --------------
    Net earnings (Loss)                             ($2,252,970)
                                                 ==============

                         Tricom S.A., et al.
                      Statement of Cash Flows
                            (Unaudited)
               For the Month Ended September 30, 2008

Cash Flows provided by operating activities:

Net loss from continuing operations                 ($2,252,970)

Adjustments to reconcile net earnings
(Loss) and net cash provided by (used in)
operating activities:
      Depreciation                                    3,585,699
      Allowance for doubtful accounts                   504,004
      Amortizations issue cost                           18,077

Increase (Decrease) In:
      Accounts Receivable                              (887,567)
      Inventories                                       755,485
      Prepaid Expenses                                 (116,425)
      Other Assets                                      (44,890)
      Accounts payable                                2,645,218
      Interest Payable                                   24,699
      Restructuring Related Payable                    (415,704)
      Accrued expenses                                 (508,738)
      Other liabilities                                  76,686
      Capex Adjustment                                  140,766
                                                 --------------
      TOTAL ADJUSTMENT                                5,777,310

   Net cash used in operating activities              3,524,340

Cash flows from investing activities:
   Acquisition of property and equipment             (4,841,721)
   Pledged Securities                                      (497)
                                                 --------------
   Net cash used in investing activities             (4,842,218)

Cash Flows from financing activities:
   Bank Overdraft                                      (257,095)
   Borrowed funds (paid to) from banks                  (11,720)
                                                 --------------
   Net cash provided (used) by financing activities    (268,815)

Increase (Decrease) of cash and cash equivalents     (1,586,693)

Cash and cash equivalents, beginning                 14,304,355
                                                 --------------
Cash and cash equivalents, end                      $12,717,662
                                                 ==============

For the month ended Sept. 30, 2008, the Debtors made total
disbursements of $23,353,352:

   Tricom, S.A.                $17,734,463
   Tricom USA, Inc.              2,089,355
   TCN Dominicana, S.A.          3,529,532

                       About Tricom S.A.

Tricom, S.A., was incorporated in the Dominican Republic on
Jan. 25, 1988, as a Sociedad Anonima.  Tricom is one of the
pre-eminent full service communications services providers in
the Dominican Republic.  Headquartered in Santo Domingo, Tricom
offers local, long distance, and mobile telephone services,
cable television and broadband data transmission and Internet
services, which are provided to more than 729,000 customers.

Tricom's wireless network covers about 90% of the Dominican
Republic's population.  Tricom's local service network is 100%
digital.  The company also owns interests in undersea fiber-
optic cable networks that connect and transmit telecommunications
signals between Central America, the Caribbean, the United States
and Europe.

Tricom USA, Inc., a wholly owned subsidiary of Tricom, was
incorporated in Delaware in 1992, and at that time was known as
Domtel Communications.  A name change was effected in 1997 and
Domtel Communications formally became Tricom USA, Inc.

Tricom USA originates, transports and terminates international
long-distance traffic using switching stations and other
telecommunications equipment located in New York and Florida.

Tricom S.A. and its U.S. affiliates filed for Chapter 11
protection on Feb. 29, 2008 (Bankr. S.D. N.Y. Case No. 08-
10720).  Larren M. Nashelsky, Esq., at Morrison & Foerster LLP,
in New York City, represent the Debtors.  When the Debtors'
filed for protection from their creditors, they listed total
assets of $327,600,000 and total debts of $764,600,000.

As of June 30, 2008, Tricom had $316,325,466 in assets and
$771,970,349 in liabilities.

(Tricom Bankruptcy News, Issue No. 15; Bankruptcy Creditors'
Services Inc.; http://bankrupt.com/newsstand/or 215/945-7000)


TWEETER HOME: Files Operating Report for August 2008
----------------------------------------------------

         Tweeter Home Entertainment Group, Inc., et al
                  Consolidated Balance Sheet
                     As of August 31, 2008

Assets
Current Assets:
  Cash and Cash Equivalents                         $3,745,036
  Accounts Receivable                                        0
  Inventory                                                  0
  Deferred Tax Assets                                        0
  Prepaid Expenses and Other Current Assets            381,425
                                                  ------------
     Total Current Assets                            4,126,460

  Property and Equipment                                     0
  Long-Term Investments                                      0
  Intangible Assets, Net                                     0
  Other Assets                                               0
  Goodwill                                                   0
                                                  ------------
Total Assets                                        $4,126,460
                                                  ============

Liabilities and Owners' Equity
Liabilities Not Subject to Compromise (Postpetition)
  Current Portion of Long-Term Debt                         $0
  Escrow                                               539,505
  Total Accounts Payable                             2,765,175
                                                  ------------
     Total Postpetition Liabilities                  3,304,680

Liabilities Subject to Compromise (Prepetition):
  Deferred Consideration                                     0
  Accrued Expenses                                           0
  Customer Deposits                                          0
  Prepetition Accounts Payable                      32,536,234
                                                 -------------
     Total Prepetition Liabilities                  32,536,234

Secured Bank Debt                                            0

Other Long-Term Liabilities:
  Accrued Income Taxes                                 951,185
  Long-Term Restructuring and Discontinued
     Store Reserve                                           0
  Rent-Related Accruals                                      0
                                                 -------------
     Total Other Long-Term Liabilities                 951,185
                                                 -------------
Total Liabilities                                   36,792,099
                                                 -------------
Total Stockholder's Equity                         (32,665,639)
                                                 -------------
Total Liabilities and Stockholder's Equity          $4,126,460
                                                 =============

          Tweeter Home Entertainment Group, Inc., et al.
              Consolidated Statement of Operations
              For the Month Ended August 31, 2008

Revenue                                                      $0
Cost of Goods Sold                                            0
                                                  -------------
Gross Profit                                                  0
                                                  -------------

Total Operating Expenses
Operating Income                                              0
Other Income (Expense)                                  (15,816)
Loss on Transaction                                           0
                                                   ------------
Earnings Before Tax                                     (15,816)
Taxes                                                         0
                                                   ------------
Net Income                                             ($15,816)
                                                   ============

        Tweeter Home Entertainment Group, Inc., et al.
         Schedule of Cash Receipts and Disbursement
           For the Month Ended August 31, 2008

Cash, Beginning of Month                                     $0

Total Receipts                                                0
Total Disbursements                                           0
                                                   ------------
Net Cash Flow                                                 0
                                                   ------------
Cash, End of Month                                           $0
                                                   ============

                       About Tweeter Home

Based in Canton, Mass., Tweeter Home Entertainment Group Inc.
-- http://www.tweeter.com/-- retails mid-to high-end audio and
video consumer electronics products.  Tweeter and seven of its
affiliates filed for chapter 11 Protection on June 11, 2007
(Bankr. D. Del. Case Nos. 07-10787 through 07-10796).  Gregg M.
Galardi, Esq., Mark L. Desgrosseilliers, Esq., and Sarah E.
Pierce, Esq., at Skadden, Arps, Slate, Meagher & Flom, LLP,
represented the Debtors.  Kurtzman Carson Consultants LLC acted as
the Debtors' claims and noticing agent.

Bruce Grohsgal, Esq., William P. Weintraub, Esq., and Rachel Lowy
Werkheiser, Esq., at Pachulski Stang Ziehl & Jones LLP; and Scott
L. Hazan, Esq., Lorenzo Marinuzzi, Esq., and Todd M. Goren, Esq.,
at Otterbourg, Steindler, Houston & Rosen, P.C., represented the
Official Committee of Unsecured Creditors.

As of Dec. 21, 2006, Tweeter had total assets of $258,573,353 and
total debts of $190,417,285.  The Debtors' exclusive period to
file a plan of reorganization expired on June 5, 2008.  (Tweeter
Bankruptcy News, Issue No. 26, Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000).


TWEETER HOME: Files Operating Report for July 2008
--------------------------------------------------

         Tweeter Home Entertainment Group, Inc., et al.
                 Consolidated Balance Sheet
                    As of July 31, 2008

Assets
Current Assets:
  Cash and Cash Equivalents                         $3,770,847
  Accounts Receivable                                        0
  Inventory                                                  0
  Deferred Tax Assets                                        0
  Prepaid Expenses and Other Current Assets            381,424
                                                   -----------
Total Current Assets                                 4,152,271

  Property and Equipment                                     0
  Long-Term Investments                                      0
  Intangible Assets, Net                                     0
  Other Assets                                               0
  Goodwill                                                   0
                                                   -----------
Total Assets                                        $4,152,271
                                                   ===========

Liabilities and Owners' Equity
Liabilities Not Subject to Compromise (Postpetition):
  Current Portion of Long-Term Debt                         $0
  Escrow                                               549,500
  Total Accounts Payable                             2,765,175
                                                   -----------
     Total Postpetition Liabilities                  3,314,675

Liabilities Subject to Compromise (Prepetition):
  Deferred Consideration                                     0
  Accrued Expenses                                           0
  Customer Deposits                                          0
  Prepetition Accounts Payable                      32,536,234
                                                  ------------
     Total Prepetition Liabilities                  32,536,234

Secured Bank Debt                                            0

Other Long-Term Liabilities:
  Accrued Income Taxes                                 951,185
  Long-Term Restructuring and Discontinued
     Store Reserve                                           0
  Rent-Related Accruals                                      0
                                                  ------------
     Total Other Long-Term Liabilities                 951,185
                                                  ------------
Total Liabilities                                   36,802,094
                                                  ------------
Total Stockholder's Equity                         (32,649,823)
                                                  ------------
Total Liabilities and Stockholder's Equity          $4,152,271
                                                  ============

        Tweeter Home Entertainment Group, Inc., et al.
            Consolidated Statement of Operations
              For the Month Ended July 31, 2008

Revenue                                                     $0
Cost of Goods Sold                                           0
                                                  ------------
Gross Profit                                                 0
                                                  ------------
Total Operating Expenses                                     0

Operating Income                                             0
Other Income (Expense)                                 117,499
Loss on Transaction                                          0
                                                  ------------
Earnings Before Tax                                    117,499
Taxes                                                        0
                                                  ------------
Net Income                                            $117,499
                                                  ============

        Tweeter Home Entertainment Group, Inc., et al.
          Schedule of Cash Receipts and Disbursement
               For the Month Ended July 31, 2008

Cash, Beginning of Month                                    $0

Total Receipts                                               0
Total Disbursements                                          0
                                                 -------------
Net Cash Flow                                                0
                                                 -------------
Cash, End of Month                                          $0
                                                 =============

                       About Tweeter Home

Based in Canton, Mass., Tweeter Home Entertainment Group Inc.
-- http://www.tweeter.com/-- retails mid-to high-end audio and
video consumer electronics products.  Tweeter and seven of its
affiliates filed for chapter 11 Protection on June 11, 2007
(Bankr. D. Del. Case Nos. 07-10787 through 07-10796).  Gregg M.
Galardi, Esq., Mark L. Desgrosseilliers, Esq., and Sarah E.
Pierce, Esq., at Skadden, Arps, Slate, Meagher & Flom, LLP,
represented the Debtors.  Kurtzman Carson Consultants LLC acted as
the Debtors' claims and noticing agent.

Bruce Grohsgal, Esq., William P. Weintraub, Esq., and Rachel Lowy
Werkheiser, Esq., at Pachulski Stang Ziehl & Jones LLP; and Scott
L. Hazan, Esq., Lorenzo Marinuzzi, Esq., and Todd M. Goren, Esq.,
at Otterbourg, Steindler, Houston & Rosen, P.C., represented the
Official Committee of Unsecured Creditors.

As of Dec. 21, 2006, Tweeter had total assets of $258,573,353 and
total debts of $190,417,285.  The Debtors' exclusive period to
file a plan of reorganization expired on June 5, 2008.  (Tweeter
Bankruptcy News, Issue No. 26, Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000).


WCI COMMUNITIES: Files Schedules of Assets and Liabilities
----------------------------------------------------------

A.    Real Property
        Parkland GCC                           $166,502,766
        Oceanside at Pompano                    160,386,096
        The Hills at Rivington                   89,112,045
        Pelican Landing                          83,768,886
        Westshore Yacht Club                     78,946,920
        Lost Key Golf and Beach Club             76,544,294
        Heron Bay                                72,830,373
        Hammock Bay                              62,477,541
        Venetian Gold and River Club             41,421,641
        Hammock Dunes                            40,659,128
        Tidewater Preserve                       35,954,858
        Others                                  231,027,888

        See http://bankrupt.com/misc/WCI_ScheduleA.pdf

B.    Personal Property
B.1   Cash on hand
        Cash permit account                          36,821
        Cash drawers/banks                            8,576
        Petty cash                                    3,149
B.2   Bank Accounts
        Bank of America Master Funding           37,264,562
        Restricted Cash - Escrow Accounts        25,320,126
        Bank of America Cash Collateral          13,031,210
        Merrill Lynch Stock Option Account-7C24   2,644,491
        Bank of America Manual Payroll            2,237,019
        Bank of America Controlled Disbursement   1,749,189
        Bank of America Depository                  859,082
        Cash Due on Closing                         610,704
        Fifth Third Bank Depository                 154,540
        Wachovia Bank, N.A. Concentration-5628       75,000
        Merrill Lynch Stock Option Account-7C39      38,315
        Sun Trust Disbursement-2893                  19,354
        Citigroup Global Markets, Inc.               16,251
        Sun Trust Disbursement-2907                  18,417
        Sun Trust Bank Merchant (Club)-2120          15,015
        Sun Trust Bank Disbursement-7632              2,696
        Sun Trust Bank Concentration-6140             1,453
B.3   Security Deposits
        Acquisition Deposits                      2,157,503
        Deposits                                     77,545
B.13  Business Interests and stocks                 unknown
B.14  Interests in partnerships
        Walden Woods Business Center, Ltd.          unknown
B.16  Accounts Receivable
        Contracts Receivable                      7,429,019
        Accounts Receivable, net                  4,572,675
        Notes Receivable                          2,920,446
        Mortgages Receivable                        275,000
B.21  Intellectual Property                         unknown
B.25  Vehicles                                       91,156
B.29  Machinery                                   3,133,787
B.30  Inventory                                     645,560
B.35  Other Personal Property
        Capitalized Homebuilding Overhead        38,409,654
        CDD Asset (Parkland and G&CC)            15,373,583
        Prepaid Commission                        7,039,476
        Capitalized Amenity Overhead              6,077,581
        CDD Asset (Heron Bay North)               4,681,286
        Prepaid Expenses & other assets           2,750,034
        Membership Inventory - Tiburon              985,850
        CDD Asset (Tiburon)                         677,045
        CDD Asset (Venetian)                        671,105
        CDD Asset (PG&CC Area A)                    645,073
        CDD Asset (NSID Heron Bay)                  160,972
        CDD Asset (PL Bayside)                       59,032
        Land Sales Commissions                       26,188
        Prepaid Sales Tax                            17,813
        Net Operating Asset
           Gulf Harbour Golf & CC, Inc.             unknown
           Parkland Golf Club, Inc.                 unknown
           The Colony Golf & CC, Inc.               unknown

     TOTAL SCHEDULED ASSETS                  $1,322,615,796
     ======================================================

D.    Secured Claim
        Bank of America, N.A.                  $498,923,875
        Wilmington Trust FSB                    224,829,124
        Wachovia Bank, N.A.                      49,055,226
        Key Bank, N.A.                           10,574,574
        North Springs Improvement District        6,186,000
        Pelican Marsh Community                   5,740,810
        Venetian Community Development            1,360,000
        Bayside Improvement Community               105,000

E.    Unsecured Priority Claims                  30,331,262

        See http://bankrupt.com/misc/WCI_ScheduleE.pdf

F.    Unsecured Non-priority Claims
        The Bank of New York as Trustee         472,503,157
        The Bank of New York Trust Company      205,079,166
        Regent International Hotels, Inc.         1,016,847
        Simpson Thacher & Bartlett LLP              403,354
        Carpenter Contractors of America            370,647
        Landmark Designer Homes, Inc.               310,000
        Wanda Cross                                 283,333
        Keith Hurland                               237,980
        Carlton Fields                              164,022
        Luxury Homes of Parkland LLC                130,000
        Art McBride Carpentry Contract              129,755
        Rite Flo Plumbing                           114,962
        Mastercraft Cabinets, Inc.                  111,162
        ABF Drywall, Inc.                           107,456
        Ajami Floorings & Granite, Inc.              74,738
        Terra Bella & Associates, Inc.               74,058
        Michael Fowler                               73,077
        Sun Sentinel                                 71,531
        Spencer, Lisa                                70,000
        Lastner, Jeffrey A.                          68,333
        Sun State Landscaping of Brade               63,947
        Advanced Commercial Contracting              59,601
        Teco Electric                                56,155
        Lindstrom Air Conditioning, Inc.             53,425
        Thompson's Electrical, Inc.                  49,950
        Stewart Turley                               49,501
        The Bear's Club Realty                       45,000
        Andrew Hjortaas                              43,589
        Superior Pools Spas & Waterfall              41,902
        Barber, Richard W.                           40,000
        Abbey Carpet                                 37,039
        Stevens, Robert W.                           36,667
        Jeffrey Gershen                              34,326
        Tierra                                       34,125
        Timothy Byal                                 31,250
        Supreme Drywall & Metal Framin               30,016
        Triple R Paving, Inc.                        28,892
        Tiebout-Touron, Marcienne                    21,552
        Tampa Port Authority                         20,535
        Others                                  162,322,757

        See http://bankrupt.com/misc/WCI_ScheduleF.pdf


     TOTAL SCHEDULED LIABILITIES             $1,671,599,678
     ======================================================

                      About WCI Communities

Headquartered in Bonita Springs, Florida, WCI Communities, Inc. --
http://www.wcicommunities.com/-- is a fully integrated
homebuilding and real estate services company.  It has operations
in Florida, New York, New Jersey, Connecticut, Massachusetts,
Virginia and Maryland.  The company directly employs roughly 1,800
people, as well as roughly 1,800 sales representatives as
independent contract employees.

The company and 126 of its affiliates filed for Chapter 11
protection on Aug. 4, 2008 (Bankr. D. Del. Lead Case No. 08-11643
through 08-11770).  Thomas E. Lauria, Esq., Frank L. Eaton, Esq.,
Linda M. Leali, Esq., at White & Case LLP, in Miami, Florida.
Eric Michael Sutty, Esq., and Jeffrey M. Schlerf, Esq., at Bayard,
P.A, are the Debtors' local bankruptcy counsel.  Lazard Freres &
Co. represents the Debtors as financial advisors.  The Debtors
selected Epiq Bankruptcy Solutions LLC as their claims & notice
agent.  The U.S. Trustee for Region 3 appointed five creditors to
serve on an Official Committee of Unsecured Creditors.  Daniel H.
Golden, Esq., Lisa Beckerman, Esq., and Philip C. Dublin, Esq.,
at Akin Gump Strauss Hauer & Feld LLP, and Laura Davis Jones,
Esq., Michael R. Seidl, Esq., and Timothy P. Cairns, Esq., at
Pachulski Stang Ziehl & Jones LLP, represent the Committee in
these cases.  When the Debtors filed for protection from their
creditors, they listed total assets of $2,178,179,000 and total
debts of $1,915,034,000.

(WCI Communities Bankruptcy News, Bankruptcy Creditors' Service
Inc.; http://bankrupt.com/newsstand/or 215/945-7000).

                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

On Thursdays, the TCR delivers a list of recently filed chapter 11
cases involving less than $1,000,000 in assets and liabilities
delivered to nation's bankruptcy courts.  The list includes links
to freely downloadable images of these small-dollar petitions in
Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Luke Walter Ceballos, Sheryl Joy P. Olano, Ronald C. Sy,
Joel Anthony G. Lopez, Cecil R. Villacampa, Carlo Fernandez,
Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2008.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $775 for 6 months delivered via e-
mail. Additional e-mail subscriptions for members of the same firm
for the term of the initial subscription or balance thereof are
$25 each.  For subscription information, contact Christopher Beard
at 240/629-3300.

                    *** End of Transmission ***