TCR_Public/090214.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, February 14, 2009, Vol. 13, No. 44

                            Headlines



AMERICAN FIBERS: Files Monthly Operating Report for December 2008
AVADO BRANDS: Files Monthly Operating Report for December 2008
ASARCO LLC: Files Monthly Operating Report for December 2008
BALLY TOTAL: Debtors' Monthly Operating Report for December 2008
EOS AIRLINES: Posts $45,107 Net Loss in December 2008

G-I HOLDINGS: Earns $63,145 in Month Ended November 23, 2008
G-I HOLDINGS: ACI Inc. Files Operating Report for November 2008
GLOBAL MOTORSPORT: Posts $36,609 Net Loss in December 2008
GLOBAL MOTORSPORT: Posts $116,730 Net Loss in November 2008
GLOBAL MOTORSPORT: Posts $84,695 Net Loss in October 2008

GLOBAL MOTORSPORT: Posts $21,387 Net Loss in September 2008
GLOBAL MOTORSPORT: Posts $88,188 Net Loss in August 2008
GLOBAL MOTORSPORT: Posts $37,127 Net Loss in July 2008
GLOBAL MOTORSPORT: Earns $482,518 in June 2008
GLOBAL MOTORSPORT: Posts $1,251,540 Net Loss in May 2008

LENOX GROUP: Files Monthly Operating Report for Nov. 24 to Jan. 3
LEXINGTON PRECISION: Posts Net Loss of $2,068,000 in December 2008
NEUMAN HOMES: Debtors' Monthly Operating Report for December 2008
PAPER INTERNATIONAL: Posts $290,899 Net Loss in December 2008
TROPICANA ENTERTAINMENT: Files Operating Report for December 2008

VERASUN ENERGY: Files Monthly Operating Report for December 2008
WASHINGTON MUTUAL: Files Operating Report for December 2008



                            *********

AMERICAN FIBERS: Files Monthly Operating Report for December 2008
-----------------------------------------------------------------
AFY Holding Company and American Fibers and Yarns Company filed
with the U.S. Bankruptcy Court for the District of Delaware their
monthly operating report for December 2008.

In their schedule of cash receipts and disbursement for the
period, the Debtors reported cash at the beginning of the month of
$246,300.  Total receipts were $2,284,164 and total disbursements
were $2,277,922, for a net cash flow of $6,242.  Cash at the end
of the month was $252,542.

For the period, the Debtors reported a consolidated net loss of
$973,000 on net revenue of $89,000.  Year-to-date net loss was
$2,076,000 on net revenue of $4,048,000.

At Dec. 31, 2008, the Debtors had $37,244,512 in total assets,
$2,906,386 in total liabilities, and $34,338,126 in total
stockholders' equity.

A full-text copy of the Debtors' monthly operating report for
December 2008 is available at:

      http://bankrupt.com/misc/AFYHoldingDecember2008MOR.pdf

                      About American Fibers

Headquartered in Chapel Hill, North Carolina, American Fibers and
Yarns Company -- http://www.afyarns.com/-- manufactures solution-
dyed Polypropylene yarns in its Bainbridge, Georgia and Afton,
Virginia production facilities for distribution throughout the
United States.  American Fibers is 100% owned by AFY Holding
Company.

On Sept. 22, 2008, AFY Holding and American Fibers and Yarns filed
voluntary petitions seeking Chapter 11 relief (Bankr. D. Del. Lead
Case No. 08-12175).  Edward J. Kosmowski, Esq., Michael R. Nestor,
Esq., Robert F. Poppiti, Jr., Esq., and Nathan D. Grow, Esq., at
Young, Conaway, Stargatt & Taylor, LLP, represent the Debtors as
counsel.  RAS Management Advisors, LLC serves as the Debtors'
restructuring advisors.  Epiq Bankruptcy Solutions, LLC serves as
the Debtors' claims, noticing and balloting agent.

The U.S. Trustee for Region 3 appointed creditors to serve on an
Official Committee of Unsecured Creditors.  Kenneth A. Rosen,
Esq., Sharon L. Levine, Esq., Eric H. Horn, Esq., and Sean E.
Quigley, Esq., at Lowenstein Sandler PC, represents the Debtors as
counsel.  William P. Bowden, Esq., Don A. Beskrone, Esq, and
Amanda M. Winfree, Esq., at Ashby & Geddes, P.A., represent the
Committee as Delaware counsel.  When the Debtors sought bankruptcy
protection from their creditors, they listed assets of between
$10 million and $50 million and debts of between $10 million and
$50 million.


AVADO BRANDS: Files Monthly Operating Report for December 2008
--------------------------------------------------------------
Avado Brands, Inc., et al., filed with the U.S. Bankruptcy Court
for the District of Delaware their monthly operating report for
December 2008.

The Debtors reported a net loss of $893,100 on zero revenue for
the period.

At Dec. 31, 2008, the Debtors had $7,366,300 in total assets,
$82,409,100 in total liabilities, and $75,042,800 in stockholders'
deficit.

A full-text copy of the Debtors' monthly operating report for
December 2008, is available at:

     http://bankrupt.com/misc/AvadoBrandsDecember2008MOR.pdf

                        About Avado Brands

Madison, Georgia-based Avado Brands Inc., aka Applesouth, --
http://www.avado.com/-- operates about 120 casual dining
restaurants under the banners Don Pablo's Mexican Kitchen and Hops
Grillhouse & Brewery.  The restaurants are located in 22 states in
the U.S.  As of Sept. 5, 2007, the Debtors employed about 9,970
people.  For the year ended July 31, 2007, the Debtors generated
about $227.8 million in revenues and a negative EBITDA of
$7.8 million.

The Debtor filed for chapter 11 protection on Feb. 4, 2004 (Bankr.
N.D. Tex. Case No. 04-1555).  On April 26, 2005, Judge Steven
Felsenthal confirmed Avado's Modified Plan of Reorganization and
that Plan became effective on May 19, 2005.

On Sept. 5, 2007, Avado filed a voluntary chapter 22 petition
(Bankr. D. Del. Case No. 07-11276) to complete an orderly sale of
its assets, via Section 363 of the Bankruptcy Code.  About 10 of
Avado's affiliates also filed for bankruptcy protection on the
same date (Bankr. D. Del. Case Nos. 07-11277 through 07-11286).

Michael Tuchin, Esq., and Stacia A. Neeley, Esq., at Klee, Tuchin,
Bogdanoff & Stern LLP, represent the Debtors as counsel.  Donald
J. Detweiler, Esq., at Greenberg Traurig, LLP, is the Debtors'
local counsel.  Kurtzman Carson Consultants LLC acts as the
Debtors claims and noticing agent.  The U.S. Trustee for Region 3
has appointed creditors to serve on an Official Committee of
Unsecured Creditors to these cases.  Scott L. Hazan, Esq., at
Otterbourg, Steindler, Houston & Rosen, P.C.; and David B.
Stratton, Esq., at Pepper Hamilton LLP, represent the Committee of
Unsecured Creditors as co-counsel.  In their second filing, the
Debtors disclosed estimated assets of between $1 million and
$100 million, and estimated debts of between $1 million and
$100 million.


ASARCO LLC: Files Monthly Operating Report for December 2008
------------------------------------------------------------

                      ASARCO LLC, et al.
                         Balance Sheet
                    As of December 31, 2008

ASSETS
  Current Assets:
  Cash                                           $1,298,158,000
  Restricted Cash                                    25,969,000
  Accounts receivable, net                          107,315,000
  Inventory                                         209,390,000
  Prepaid expenses                                    8,595,000
  Other current assets                                9,295,000
                                                ---------------
Total Current Assets                              1,658,722,000

Net property, plant and equipment                   518,698,000

Other Assets:
  Investments in subs                                82,011,000
  Advances to affiliates                              1,309,000
  Prepaid pension & retirement plan                           -
  Non-current deferred tax asset                              -
  Other                                              42,000,000
                                                ---------------
Total assets                                     $2,302,739,000
                                                ===============

LIABILITIES
  Postpetition liabilities:
  Account payable - trade                           $56,315,000
  Accrued liabilities                               942,893,000
                                                ---------------
Total postpetition liabilities                      999,208,000

Prepetition liabilities:
Not subject to compromise - credit                    2,901,000
Not subject to compromise - other                   107,680,000
Advances from affiliates                             24,859,000
Subject to compromise                             3,042,397,000
                                                ---------------
Total prepetition liabilities                     3,177,837,000
                                                ---------------
Total liabilities                                 4,177,045,000

OWNERS' EQUITY (DEFICIT)
Common stock                                        508,324,000
Additional paid-in capital                          104,578,000
Other comprehensive loss                           (386,314,000)
Retained earnings: post filing date              (3,230,163,000)
                                                ---------------
Total prepetition owners' equity                 (3,003,575,000)
Retained earnings: post-filing date               1,129,269,000
                                                ---------------
Total owners' equity (net worth)                 (1,874,306,000)

Total liabilities and owners' equity             $2,302,739,000
                                                ===============

                      ASARCO LLC, et al.
             Consolidated Statement of Operations
                 Month Ended December 31, 2008

Sales                                               $48,841,000
Cost of products and services                        80,354,000
                                                ---------------
Gross profit (loss)                                 (31,513,000)

Operating expenses:
Selling and general & admin. expenses                 2,075,000
Depreciation & amortization                           4,016,000
Accretion expense                                       654,000
                                                ---------------
Operating income (loss)                             (38,258,000)

Interest expense                                        111,000
Interest income                                        (684,000)
Reorganization expenses                               2,217,000
Other miscellaneous (income) expenses                (4,607,000)
                                                ---------------
Income (loss) before taxes                          (35,295,000)
Income taxes                                        (14,525,000)
                                                ---------------
Net income [loss]                                  ($20,770,000)
                                                ===============

                      ASARCO LLC, et al.
          Consolidated Cash Receipts & Disbursements
                 Month Ended December 31, 2008

Receipts
Disbursements:
Inventory material                                  $13,550,000
Operating disbursements                              64,712,000
Capital expenditures                                 16,553,000
                                                ---------------
Total disbursements                                  94,815,000

Operating cash flow                                  (8,360,000)
Reorganization disbursements                         12,367,000
                                                ---------------
Net cash flow                                       (20,727,000)
Net payments to secured Lenders                               -
                                                ---------------
Net change in cash                                  (20,727,000)
Beginning cash balance                            1,344,854,000
                                                ---------------
Ending cash balances                             $1,324,127,000
                                                ===============

                      About ASARCO LLC

Based in Tucson, Arizona, ASARCO LLC -- http://www.asarco.com/--
is an integrated copper mining, smelting and refining company.
Grupo Mexico S.A. de C.V. is ASARCO's ultimate parent.

ASARCO LLC filed for Chapter 11 protection on Aug. 9, 2005 (Bankr.
S.D. Tex. Case No. 05-21207).  James R. Prince, Esq., Jack L.
Kinzie, Esq., and Eric A. Soderlund, Esq., at Baker Botts L.L.P.,
and Nathaniel Peter Holzer, Esq., Shelby A. Jordan, Esq., and
Harlin C. Womble, Esq., at Jordan, Hyden, Womble & Culbreth, P.C.,
represent the Debtor in its restructuring efforts.  Lehman
Brothers Inc. provides the ASARCO with financial advisory services
and investment banking services.  Paul M. Singer, Esq., James C.
McCarroll, Esq., and Derek J. Baker, Esq., at Reed Smith LLP give
legal advice to the Official Committee of Unsecured Creditors and
David J. Beckman at FTI Consulting, Inc., gives financial advisory
services to the Committee.

When ASARCO LLC filed for protection from its creditors, it listed
US$600 million in total assets and US$1 billion in total debts.

ASARCO LLC has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos.
05-20521 through 05-20525).  They are Lac d'Amiante Du Quebec
Ltee, CAPCO Pipe Company, Inc., Cement Asbestos Products Company,
Lake Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Sander L.
Esserman, Esq., at Stutzman, Bromberg, Esserman & Plifka, APC, in
Dallas, Texas, represents the Official Committee of Unsecured
Creditors for the Asbestos Debtors.  Former judge Robert C. Pate
has been appointed as the future claims representative.  Details
about their asbestos-driven Chapter 11 filings have appeared in
the Troubled Company Reporter since April 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation proceeding.  The Court
appointed Michael Boudloche as Encycle/Texas, Inc.'s Chapter 7
Trustee.  Michael B. Schmidt, Esq., and John Vardeman, Esq., at
Law Offices of Michael B. Schmidt represent the Chapter 7 Trustee.

ASARCO's affiliates, AR Sacaton LLC, Southern Peru Holdings LLC,
and ASARCO Exploration Company Inc., filed for Chapter 11
protection on Dec. 12, 2006.  (Bankr. S.D. Tex. Case No. 06-20774
to 06-20776).

Six of ASARCO's affiliates, Wyoming Mining & Milling Co., Alta
Mining & Development Co., Tulipan Co., Inc., Blackhawk Mining &
Development Co., Ltd., Peru Mining Exploration & Development Co.,
and Green Hill Cleveland Mining Co. filed for Chapter 11
protection on April 21, 2008.  (Bank. S.D. Tex. Case No. 08-20197
to 08-20202).

The Debtors submitted to the Court a joint plan of reorganization
and disclosure statement on July 31, 2008.  The plan incorporates
the sale of substantially all of the Debtors' assets to Sterlite
Industries, Ltd., for US$2,600,000,000.

Americas Mining Corporation, an affiliate of Grupo Mexico SAB de
CV, submitted a reorganization plan to retain its equity interest
in ASARCO LLC, by offering full payment to ASARCO's creditors in
connection with ASARCO's Chapter 11 case.  AMC would provide up to
US$2.7 billion in cash as well as a US$440 million guarantee to
assure payment of all allowed creditor claims, including payment
of liabilities relating to asbestos and environmental claims.
AMC's plan is premised on the estimation of the approximate
allowed amount of the claims against ASARCO.

Bankruptcy Creditors' Service, Inc., publishes ASARCO Bankruptcy
News.  The newsletter tracks the chapter 11 proceeding undertaken
by ASARCO LLC and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


BALLY TOTAL: Debtors' Monthly Operating Report for December 2008
----------------------------------------------------------------

        Bally Total Fitness Holding Corporation, et al.
              Condensed Combined Balance Sheet
                   As of December 31, 2008

ASSETS

Current assets
  Cash and cash equivalents                        $42,785,000
  Deferred income taxes                             29,312,000
  Prepaid expenses                                  16,689,000
  Other current assets                              22,166,000
                                                --------------
     Total current assets                          110,951,000

Long-term assets
  Property and equipment, less accumulated
     depreciation and amortization $117,370        325,148,000
  Member relationship asset, net                   174,768,000
  Other intangible assets, net                     222,156,000
  Trademarks                                       125,000,000
  Goodwill                                         351,174,000
  Deferred financing costs, net                      7,942,000
  Other assets                                      37,014,000
                                                --------------
     Total long-term assets                      1,243,201,000
                                                --------------
Total assets                                    $1,354,152,000
                                                ==============

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities not subject to compromise
  Accounts payable                                 $17,188,000
  Income taxes payable                               2,001,000
  Accrued liabilities                               37,150,000
  Current maturities of long-term debt               1,686,000
  Deferred revenues                                117,264,000
                                                --------------
     Total current liabilities not subject
        to compromise                              175,290,000

Long-term liabilities not subject to compromise
  Deferred rent liability                           18,682,000
  Income taxes                                      76,254,000
  Other liabilities                                 26,453,000
  Deferred revenues                                382,538,000
  Long-term debt, less current maturities              163,000

Liabilities subject to compromise                  924,740,000
                                                --------------
        Total liabilities                        1,604,120,000
                                                --------------
Stockholders' deficit                             (249,968,000)
                                                --------------
Total liabilities and stockholders' deficit     $1,354,152,000
                                                ==============

        Bally Total Fitness Holding Corporation, et al.
          Condensed Combined Statement of Operations
                Month Ended December 31, 2008

Net revenues
  Membership services                              $44,861,000
  Retail products                                    1,775,000
  Miscellaneous                                      1,254,000
                                                --------------
                                                    47,890,000
Operating costs and expenses:
  Membership services                               41,049,000
  Retail products                                    1,902,000
  Marketing and advertising                            779,000
  General and administrative                         3,523,000
  Asset impairment charges                            -
  Depreciation and amortization                      5,864,000
  Gain on sales of land and buildings                   (8,000)
                                                --------------
                                                    53,108,000
                                                --------------
Operating loss                                      (5,218,000)
Interest expense                                      (992,000)
Other, net                                           1,794,000
                                                --------------
                                                       803,000
                                                --------------
Loss reorganization items and income taxes          (4,416,000)
Reorganization items, net                          (33,581,000)
Income tax expense                                    (202,000)
                                                --------------
Net loss                                          ($38,199,000)
                                                ==============

        Bally Total Fitness Holding Corporation, et al.
               Cash Receipts and Disbursements
            December 3 through December 31, 2008

Cash, beginning of month                           $22,815,552

Receipts
  Cash sales                                        55,481,378
  Accounts receivable - Prepetition                          -
  Accounts receivable - Postpetition                         -
  Loans and advances                                         -
  Sales of assets                                            -
  Others                                               694,295
  Transfers (from DIP accounts)                     18,665,000
                                                --------------
Total receipts                                      74,840,673
                                                --------------
Disbursements
  Net payroll                                       12,799,969
  Payroll taxes                                      4,371,083
  Sales, use, and other taxes                        1,197,477
  Inventory purchases                                   66,514
  Secured rental/leases                                408,477
  Insurance                                          6,790,524
  Administrative                                     1,693,625
  Selling                                            3,131,369
  Others                                             4,383,265
  Owner draw                                                 -
  Transfers (to DIP accounts)                       19,979,376
  Professional fees                                     50,000
  U.S. Trustee quarterly fees                                -
  Court costs                                                -
                                                --------------
Total disbursements                                 54,871,681
                                                --------------
Net cash flow                                       19,968,992
                                                --------------
Cash, end of month                                 $42,784,544
                                                ==============

                    About Bally Total Fitness

Based in Chicago, Illinois, Bally Total Fitness Holding Corp.
(Pink Sheets: BFTH.PK) -- http://www.ballyfitness.com/-- operates
fitness centers in the U.S., with over 375 facilities located in
26 states, Mexico, Canada, Korea, China and the Caribbean under
the Bally Total Fitness(R), Bally Sports Clubs(R) and Sports Clubs
of Canada (R) brands.

Bally Total and its affiliates filed for Chapter 11 protection
7on July 31, 2007 (Bankr. S.D.N.Y. Case No. 07-12396) after
obtaining requisite number of votes in favor of their pre-
packaged chapter 11 plan.  Joseph Furst, III, Esq., at Latham &
Watkins, L.L.P., represents the Debtors in their restructuring
efforts.  As of June 30, 2007, the Debtors had US$408,546,205 in
total assets and US$1,825,941,54627 in total liabilities.

The Debtors filed their Joint Prepackaged Plan & Disclosure
Statement on July 31, 2007.  The Court confirmed the Plan in Sept.
2007.  The Plan was declared effective Oct. 1, 2007.

Bally Total Fitness Holding Corp. and its debtor-affiliates and
subsidiaries again filed voluntary petitions under Chapter 11 on
Dec. 3, 2008 (Bankr. S. D. N. Y., Lead Case No. 08-14818).  Their
counsel is Kenneth H. Eckstein, Esq. at Kramer Levin Naftalis &
Frankel LLP, in New York.  As of September 30, 2008, the Company
(including non-debtor affiliates) had consolidated assets totaling
approximately $1.376 billion and recorded consolidated liabilities
totaling approximately $1.538 billion.

Bankruptcy Creditors' Service, Inc., publishes Bally Bankruptcy
News.  The newsletter provides gavel-to-gavel coverage of the
chapter 11 proceedings of Bally Total Fitness Holding Corp. and
its debtor-affiliates (http://bankrupt.com/newsstand/or 215/945-
7000)


EOS AIRLINES: Posts $45,107 Net Loss in December 2008
-----------------------------------------------------
EOS Airlines filed with the U.S. Bankruptcy Court for the Southern
District of New York its monthly operating report for the month of
December 2008.

EOS Airlines reported a net loss of $45,107 on net revenues of
($4,324) for the month of December 2008.

At Dec. 31, 2008, EOS Airlines had $20,060,861 in total assets,
$27,697,278 in total liabilities, and $7,636,417 in stockholders'
deficit.

A full-text copy of EOS Airlines' monthly operating report for the
month of December 2008, is available at:

       http://bankrupt.com/misc/EOSAirlinesDecember2008MOR

                       About EOS Airlines

Based in Purchase, New York, EOS Airlines, Inc. --
http://www.eosairlines.com/-- is a transatlantic airline.  The
company filed for Chapter 11 relief on April 26, 2008 (Bankr.
S.D.N.Y. Case No.08-22581).  Tim J. Robinson, Esq., and Nicholas
J. Brannick, Esq., at Squire, Sanders & Dempsey L.L.P., in
Columbus, Ohio; and Christine M. Pierpont, Esq., at Squire,
Sanders & Dempsey L.L.P, in Cleveland, Ohio, represent the Debtor
as counsel.  Kurztman Carson Consultants LLC acts as the Official
Claims Agent for the maintenance and recordation of claims.  The
U.S. Trustee for Region 2 appointed creditors to serve on an
Official Committee of Unsecured Creditors.  Joseph M. Vann, Esq.,
and Robert A. Boghosian, Esq., at Cohen Tauber Spievack & Wagner
P.C., in New York, represent the Creditors Committee as counsel.
Alvarez & Marsal in New York is the Financial Advisor for the
Debtor.

Menzies Corporate Restructuring has been appointed as joint
administrators in the U.K.

In its schedules, EOS Airlines, Inc. listed total assets of
$57,707,999 and total debts of $16,409,993.


G-I HOLDINGS: Earns $63,145 in Month Ended November 23, 2008
------------------------------------------------------------
G-I Holdings, Inc., filed with the United States Trustee for
Region 3 its monthly operating report for the month ended Nov. 23,
2008.

G-I Holdings reported net income of $63,149 on zero sales for the
month ended Nov. 23, 2008.

At Nov. 23, 2008, G-I Holdings had $6,168,928 in total assets,
$299,712,104 in total liabilities, and $293,543,176 in
stockholders' deficit.

A full-text copy of G-I Holdings' monthly operating report for the
month ended Nov. 23, 2008, is available at:

       http://bankrupt.com/misc/G-IHoldingsNovember2008MOR

                      About G-I Holdings

Based in Wayne, New Jersey, G-I Holdings, Inc., is a holding
company that indirectly owns Building Materials Corporation of
America, a manufacturer of premium residential and commercial
roofing products.  The company filed for Chapter 11 protection on
Jan. 5, 2001 (Bankr. D. N.J. Case No. 01-30135).  An affiliate,
ACI, Inc., filed its own voluntary chapter 11 petition on Aug. 3,
2001.  The cases were consolidated on Oct. 10, 2001.  Martin J.
Bienenstock, Esq., Irena Goldstein, Esq., and Timothy Q. Karcher,
Esq., at Dewey & Leboeuf LLP, represents the Debtors as counsel.
Dennis J. O'Grady, Esq., and Mark E. Hall, Esq., at Riker, Danzig,
Scherer, Hyland, represent the Debtors as co-counsel.  Lowenstein
Sandler PC represents the Official Committee of Unsecured
Creditors.  Judson Hamlin was appointed by the Court as the Legal
Representative for Present and Future Holders of Asbestos Related
Demands.  Keating, Muething & Klekamp, P.L.L., represents the
Futures Representative.


G-I HOLDINGS: ACI Inc. Files Operating Report for November 2008
---------------------------------------------------------------
ACI, Inc., filed with the United States Trustee for Region 3 its
monthly operating report for the month of November 2008.

ACI, Inc. reported zero net profit(loss) on zero sales for the
month of November 2008.

At Nov. 30, 2008, ACI, Inc., had zero assets, $104,218 in total
liabilities, and $204,218 in stockholders' deficit.

A full-text copy of ACI, Inc.'s monthly operating report for the
month of November 2008, is available at:

          http://bankrupt.com/misc/ACIIncNovember2008MOR

                      About G-I Holdings

Based in Wayne, New Jersey, G-I Holdings, Inc., is a holding
company that indirectly owns Building Materials Corporation of
America, a manufacturer of premium residential and commercial
roofing products.  The company filed for Chapter 11 protection on
Jan. 5, 2001 (Bankr. D. N.J. Case No. 01-30135).  An affiliate,
ACI, Inc., filed its own voluntary chapter 11 petition on Aug. 3,
2001.  The cases were consolidated on Oct. 10, 2001.  Martin J.
Bienenstock, Esq., Irena Goldstein, Esq., and Timothy Q. Karcher,
Esq., at Dewey & Leboeuf LLP, represents the Debtors as counsel.
Dennis J. O'Grady, Esq., and Mark E. Hall, Esq., at Riker, Danzig,
Scherer, Hyland, represent the Debtors as co-counsel.  Lowenstein
Sandler PC represents the Official Committee of Unsecured
Creditors.  Judson Hamlin was appointed by the Court as the Legal
Representative for Present and Future Holders of Asbestos Related
Demands.  Keating, Muething & Klekamp, P.L.L., represents the
Futures Representative.


GLOBAL MOTORSPORT: Posts $36,609 Net Loss in December 2008
----------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for December 2008.

Global Motorsport reported a net loss of $36,609 on zero revenues
for the month of December 2008.

At Dec. 31, 2008, Global Motorsport had $827,643 in total assets,
$134,564,305 in total liabilities, and $133,736,662 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for
December 2008 is available at:

     http://bankrupt.com/misc/GlobalMotorsportDecember2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC, is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Posts $116,730 Net Loss in November 2008
-----------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for November 2008.

Global Motorsport reported a net loss of $116,730 on zero revenues
for the month of November 2008.

At Nov. 30, 2008, Global Motorsport had $829,252 in total assets,
$134,529,305 in total liabilities, and $133,700,053 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for
November 2008 is available at:

     http://bankrupt.com/misc/GlobalMotorsportNovember2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Posts $84,695 Net Loss in October 2008
---------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for October 2008.

Global Motorsport reported a net loss of $84,695 on zero revenues
for the month of October 2008.

At Oct. 31, 2008, Global Motorsport had $951,901 in total assets,
$134,535,224 in total liabilities, and $133,583,323 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for
October 2008 is available at:

     http://bankrupt.com/misc/GlobalMotorsportOctober2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC, is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Posts $21,387 Net Loss in September 2008
-----------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for September 2008.

Global Motorsport reported a net loss of $21,387 on zero revenues
for the month of September 2008.

At Sept. 30, 2008, Global Motorsport had $954,585 in total assets,
$134,453,213 in total liabilities, and $133,498,628 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for
September 2008 is available at:

    http://bankrupt.com/misc/GlobalMotorsportSeptember2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC, is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Posts $88,188 Net Loss in August 2008
--------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for August 2008.

Global Motorsport reported a net loss of $88,188 on zero revenues
for the month of August 2008.

At Aug. 31, 2008, Global Motorsport had $975,972 in total assets,
$134,453,213 in total liabilities, and $133,477,241 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for
August 2008 is available at:

      http://bankrupt.com/misc/GlobalMotorsportAugust2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Posts $37,127 Net Loss in July 2008
------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for July 2008.

Global Motorsport reported a net loss of $37,127 on zero revenues
for the month of July 2008.

At July 31, 2008, Global Motorsport had $977,659 in total assets,
$134,356,713 in total liabilities, and $133,379,053 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for July
2008 is available at:

       http://bankrupt.com/misc/GlobalMotorsportJuly2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Earns $482,518 in June 2008
----------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for June 2008.

Global Motorsport reported net income of $482,518 on on zero
revenues for the month of June 2008.

At June 30, 2008, Global Motorsport had $1,595,701 in total
assets, $134,947,627 in total liabilities, and $133,351,926 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for June
2008 is available at:

       http://bankrupt.com/misc/GlobalMotorsportJune2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC, is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


GLOBAL MOTORSPORT: Posts $1,251,540 Net Loss in May 2008
--------------------------------------------------------
Global Motorsport Group, Inc., filed with the U.S. Bankruptcy
Court for the District of Delaware its monthly operating report
for May 2008.

Global Motorsport reported a net loss of $1,251,540 on zero
revenues for the month of May 2008.

At May 31, 2008, Global Motorsport had $853,984 in total assets,
$134,688,427 in total liabilities, and $133,834,443 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for May
2008 is available at:

       http://bankrupt.com/misc/GlobalMotorsportMay2008MOR

                   About Global Motorsport

Headquartered in Morgan Hill, California, Global Motorsport Group
Inc. -- http://www.gmgracing.com/home.shtml-- is a dealer of
European model sports cars.  The company is also known as Global
Motorsport Parts Inc.  The company and three of its affiliates
filed for protection on Jan. 31, 2008 (Bankr. D. Del. Lead Case
No. 08-10192).  Laura Davis Jones, Esq., James O'Neill, Esq., and
Joshua Fried, Esq., at Pachulski Stang Ziehl & Jones LLP,
represent the Debtors as counsel.  T. Scott Avil, Esq., at CRG
Partners Group LLC, is the Debtors' restructuring services
provider.  Federico G.M. Mennella, Esq., at Lincoln International
Advisors, LLC, is the Debtors' investment banker.

The Debtors selected Epiq Bankruptcy Solution LLC as their claims
agent.

The U.S. Trustee for Region 3 has appointed five creditors to
serve on an Official Committee of Unsecured Creditors in these
cases.  The Committee selected Fox Rothschild LLP as its new
counsel.  Edward T. Gavin, CTP, at NachmanHaysBrownstein, Inc., is
the Committee's financial advisor.

Adam Harris, Esq., and David Hillman, Esq., at Schulte Roth &
Zabel LLP, serve as counsel to the prepetition and postpetition
secured lenders.  When the Debtors filed for protection from their
creditors, they listed assets of between $50 million and
$100 million and debts of between $100 million and $500 million.


LENOX GROUP: Files Monthly Operating Report for Nov. 24 to Jan. 3
-----------------------------------------------------------------
Lenox Group Inc. and its debtor-affiliates, filed with the U.S.
Bankruptcy Court for the Southern District of New York on Feb. 6,
2009, their monthly operating report for the period Nov. 24, 2008,
to Jan. 3, 2009.

For the six weeks ended Jan. 3, 2009, net cash provided by
operating activities was $58,807,000, net cash provided by
investing activities was $58,000, and net cash used in financing
activities was $58,012,000, resulting in a net increase in cash
and equivalents of $853,000 for the period.  Cash and equivalents
at the beginning of the period was $3,416,000 and cash and
equivalents at the ende of the period was $4,269,000.

For the six weeks ended Jan. 3, 2009, the Debtors reported a net
loss of $7,477,000 on net sales of $37,131,000.  Results are based
on preliminary condensed consolidated statement of operations for
the period.

At Jan. 3, 2009, the Debtors had $184,044,000 in total assets,
$27,085,000 in liabilities not subject to compromise, $145,279,000
in liabilities subject to compromise, and $11,680,000 in total
stockholders' equity.

A full-text copy of the Debtors' monthly operating report for the
period Nov. 24, 2008, to Jan. 3, 2009, is available at:

http://www.sec.gov/Archives/edgar/data/902270/000089710109000255/l
enox090566_ex99-1.htm

                   About Lenox Group

Headquartered in Bristol, Pennsylvania, Lenox Group Inc. --
http://www.department56.com/,http://www.lenox.com/,and
http://www.dansk.com/-- including its two main operating
subsidiaries, D 56, Inc. and Lenox, Incorporated, is a leading
designer, marketer, distributor, wholesaler, manufacturer and
retailer of quality tableware, collectibles, and other giftware
products under the Lenox, Dansk, Gorham, and Department 56 brand
names.  These products are sold through department stores, large
specialty retailers, general merchandise chains, national chains
and clubs, small independent specialty retailers, and other
wholesale accounts.  The company and six of its affiliates filed
for Chapter 11 protetcion on November 23, 2008 (Bankr. S.D. N.Y.
Lead Case No. 08-14679).  Harvey R. Miller, Esq., and Alfredo R.
Perez, Esq., at Weil, Gotshal & Manges LLP, represent the Debtors
their restructuring efforts.  The Debtors proposed Berenson &
Company as financial advisor, Carl Marks Advisory Group LLC as
consultants, and The Garden City Group as claims and noticing
agent.  Debtors have $264,000,000 in total assets and $238,000,000
in total debts as of October 25, 2008.


LEXINGTON PRECISION: Posts Net Loss of $2,068,000 in December 2008
------------------------------------------------------------------
Lexington Precision Corp. and Lexington Rubber Group, Inc., filed
with the U.S. Bankruptcy Court for the Southern District of New
York their monthly operating report for the month of December
2008.

The Debtors reported a net loss of $2,068,000 on net sales of
$3,390,000 for the month of December 2008.

At December 31, 2008, the Debtors had total assets of $53,354,000,
total liabilities of $100,061,000, and a stockholders' deficit of
$46,707,000.

A full-text copy of the Debtor's monthly operating report for the
month of December 2008, is available at:

    http://bankrupt.com/misc/LexingtonPrecisionDecember2008MOR

                     About Lexington Precision

Headquartered in New York, Lexington Precision Corp.
-- http://www.lexingtonprecision.com/-- manufactures tight-
tolerance rubber and metal components for use in medical,
automotive, and industrial applications.  As of Feb. 29, 2008, the
companies employed about 651 regular and 22 temporary personnel.

The company and its affiliate, Lexington Rubber Group Inc., filed
for Chapter 11 protection on April 1, 2008 (Bankr. S.D.N.Y. Lead
Case No.08-11153).  Christopher J. Marcus, Esq., and Victoria
Vron, Esq., at Weil, Gotshal & Manges, represent the Debtors in
their restructuring efforts.  The Debtors selected Epiq Systems -
Bankruptcy Solutions LLC as claims agent.  The U.S. Trustee for
Region 2 appointed six creditors to serve on an Official Committee
of Unsecured Creditors.  Paul N. Silverstein, Esq., and Jonathan
Levine, Esq., at Andrews Kurth LLP, represent the Committee as
counsel.

When the Debtors filed for protection from their creditors, they
listed total assets of $52,730,000 and total debts of $88,705,000.


NEUMAN HOMES: Debtors' Monthly Operating Report for December 2008
-----------------------------------------------------------------

                Neumann Homes Inc., et al.
                Receipts and Disbursements
               Month Ended December 31, 2008

Beginning Balance in All Accounts

Neumann Citibank Operating Account                      $286,575
Neumann Bank of America - old accounts (various)               -
Neumann Citibank - Customer Earnest Money Account             15
Neumann Citibank - Funding/DIP Account                    52,530
Neumann Petty Cash Account                                   778
Neumann Citibank - DIP Funding -
Professional Account                                          -
Restricted - Neumann Citibank - Glen at Lakemoor
EM Account                                                1,229
Restricted - Neumann Citibank - Clublands -
Antioch Clubhouse                                       157,753
Restricted - IndyMac Escrow Acct - Neuvillage            125,609
Restricted - Chicago Title Escrow Account -
Closed Homes                                            224,435
Restricted - Chicago Title Escrow Account -
Lender Funded                                         1,377,147
Restricted - Citibank - Worker Comp Escrow                 8,234
Restricted - NHI KERP Account                             34,826
Restricted - Land Title Guarantee Escrow                       -
                                                  --------------
                                                      $2,269,134

Receipts:
Operating Account                                       $109,982
Customer Earnest Money Account - Ckg                           -
Customer Earnest Money Account - MM                            -
Funding/DIP Account                                            -
Neumann Petty Cash Account                                     -
Glen at Lakemoor EM Account                                    1
Clublands Antioch Clubhouse Account                          218
DIP Funding - Professional Account                             -
Restricted Escrow held by CTT - Lender Funding                 -
IndyMac Escrow for L/C - Leona's Neu Village                   -
Restricted Escrow held by CTT (Closings)                       -
NHI Worker Comp Escrow                                         -
NHI KERP Account                                               -
Other Receipts-Employee Health Plan Contribution          (1,236)
                                                  --------------
                                                         108,965

Disbursements:
Net Payroll:
Officers                                                      -
Others                                                  (20,134)
                                                  --------------
                                                         (20,134)
Taxes:
Federal Income Tax Withholding                           (3,138)
FICA/Medicare Withholdings EE                            (1,103)
Employer's FICA/Medicare ER                              (1,103)
Federal Unemployment Taxes ER                                 -
State Income Tax Withholding                               (681)
State Unemployment Taxes ER                                   -
                                                  --------------
                                                          (6,027)

Necessary Expenses:
Rent or mortgage payment(s)                              (3,546)
Utilities and phones                                       (158)
Insurance                                                (3,868)
Merchandise/services bought for manufacture/sale              -
Other:
Payroll services                                           (405)
Benefit Related including flex spending                       -
Miscellaneous                                           (24,960)
Mileage                                                    (220)
Postage, shipping, copying                                    -
Worker Comp Claims                                            -
House Trades                                                  -
Other - Transfer                                              -
Supplies & Storage & Misc.                                    -
Temporary labor                                               -
Release of homeowner escrows                                  -
Consulting services                                     (36,861)
US Trustee fees                                               -
Legal - professional fees                                     -
Professional tax service fees                                 -
Filing Fees, Extension Fees                              (2,018)
Payroll tax adjustment                                        -
                                                  --------------
                                                         (72,039)
                                                  --------------

Total Disbursements:                                     (98,202)

Net Receipts (Disbursements) for the
Current Period                                           10,762
                                                  --------------
Ending Balance in All Accounts                        $2,279,897
                                                  ==============

                      About Neumann Homes

Headquartered in Warrenville, Illinois, Neumann Homes Inc. --
http://www.neumannhomes.com/-- develops and builds residential
real estate throughout the Midwest and West US.  The company is
active in the Chicago area, southeastern Wisconsin, Colorado, and
Michigan.  The company has built more than 11,000 homes in some
150 residential communities.  The company offers formal business
training to employees through classes, seminars, and computer-
based training.

The company filed for Chapter 11 protection on Nov. 1, 2007
(Bankr. N.D. Ill. Case No. 07-20412).  George Panagakis, Esq., at
Skadded, Arps, Slate, Meagher & Flom L.L.P., was selected by the
Debtors to represent them in these cases.  The Official Committee
of Unsecured Creditors has selected Paul, Hastings, Janofsky &
Walker LLP, as its counsel in these bankruptcy proceeding.  When
the Debtors filed for protection from its creditors, they listed
assets and debts of more than $100 million.

(Neumann Bankruptcy News, Issue No. 27; Bankruptcy Creditors'
Services Inc. http://bankrupt.com/newsstand/or 215/945-7000)


PAPER INTERNATIONAL: Posts $290,899 Net Loss in December 2008
-------------------------------------------------------------
Paper International, Inc., and Fiber Management of Texas, Inc.,
filed with the U.S. Bankruptcy Court for the Southern District of
New York their monthly operating report for December 2008.

For the month of December 2008, the Debtors reported a net loss of
$290,899 on zero revenues.

At Dec. 31, 2008, the Debtors had $124,874,488 in total assets,
$552,815,081 in total liabilities, and $427,940,593 in
stockholders' deficit.

A full-text copy of the Debtor's monthly operating report for the
month of December 2008 is available at:

    http://bankrupt.com/misc/PaperInternationalDecember2008MOR


                   About Paper International

Headquartered in Prewitt, New Mexico, Paper International, Inc.
-- http://www.internationalpaper.com/-- is the wholly-owned
direct subsidiary of Corporacion Durango, S.A.B. de C.V., a
corporation organized under the laws of Mexico, which maintains
its principal place of business in Durango, Mexico.  The Debtor
currently owns 100% of the equity shares in Fiber Management of
Texas, Inc., a corporation organized under the laws of Texas, as
well as 100% of the equity shares in non-debtor Durango McKinley
Paper Company, a New Mexico company.  Paper International is a
holding company which has no employees, no operations, and whose
primary assets are its ownership interests in Durango McKinley and
Fiber Management.

Before August 2008, Fiber Management's primary business was the
procurement of paper materials to manufacture recycled paper
products for use by Durango McKinley and other paper manufacturing
affiliates of Corporacion Durango located in Mexico.  In August
2008, Fiber Management ceased procuring fiber and began winding up
all of its business operations.

The company and Fiber Management filed for Chapter 11 protection
on Oct. 6, 2008 (Bankr. S.D. N.Y. Lead Case No.08-13917).  Larren
M. Nashelsky, Esq., and Lorenzo Marinuzzi, Esq., at Morrison &
Foerster LLP, represent the Debtors as counsel.  APS Services,
LLC, serves as the Debtors' crisis managers.  The Debtors
designated Meade Monger, a managing director of AlixPartners, LLP,
an affiliate of AP Services, as its chief restructuring officer.
The Court appointed Kurtzman Carson Consultants, LLC as claims
agent in the Debtors' bankruptcy case.

Corporacion Durango filed a voluntary petition for Chapter 15 on
Oct. 6, 2008 (Bankr. S.D. N.Y. case no. 08-13911) in connection
with its reorganization case in Mexico under Mexico's Ley de
Concurson Mercantiles in the District Court for Civil Matters for
the District of Durango.


TROPICANA ENTERTAINMENT: Files Operating Report for December 2008
-----------------------------------------------------------------

                  Tropicana Entertainment, LLC
                         Balance Sheet
                    As of December 31, 2008

                             ASSETS

Current Assets
Accounts receivable - trade                                $0
Cash & temporary cash investments                  19,979,000
Restricted cash                                             0
Deposits                                            5,428,000
Inventories                                                 0
Other receivables                                           0
Prepaid expenses                                      227,000
                                                --------------
Total Current Assets                                25,634,000

Property and Equipment
Buildings                                                   0
Construction in progress                            1,371,000
Furniture & fixtures                                        0
Land                                                        0
Riverboats, barges & ramps                                  0
Vehicles                                                    0
                                                --------------
Total Property and Equipment                         1,371,000

Reserve for Depreciation
Boats, barges & ramp reserve for depreciation               0
Building reserve for depreciation                           0
Furn. & fixtures reserve for depreciation                   0
Gaming entertainment reserve for depreciation               0
Vehicle reserve for depreciation                            0
                                                --------------
Total Reserve for Depreciation                               0

Other Assets
Investments                                     2,775,215,000
Other assets                                       29,065,000
                                                --------------
Total Other Assets                               2,804,280,000
                                                --------------
TOTAL ASSETS                                    $2,831,284,000
                                                ==============

             LIABILITIES AND SHAREHOLDERS' DEFICIT

Current Liabilities
Accounts payable                                  $20,189,000
Accrued other expenses                              9,476,000
Accrued payroll                                       759,000
Deferred income                                             0
Notes payable - Evansville                                  0
Payroll taxes payable                                       0
Sales tax payable                                           0
Current portion of long-term debt due 1 Yr                  0
Amounts due to affiliated guarantors               17,600,000
                                                --------------
Total Current Liabilities                           48,024,000

Long Term Debt Due Beyond One Year
DIP financing                                      66,048,000
                                                --------------
Total Long Term Debt Due Beyond One Year            66,048,000

Other Liabilities
Deferred fed taxes                                          0
Deferred rent                                               0
Deferred state inc taxes                                    0
Intercompany                                       50,003,000
                                                --------------
Total Other Liabilities                             50,003,000

Total Liabilities not Subject to Compromise        164,075,000

Liabilities Subject to Compromise
Non-intercompany                                  889,354,000
Intercompany                                    1,606,199,000
                                                --------------
Total Liabilities Subject to Compromise          2,495,553,000
                                                --------------
Total Liabilities                                2,659,628,000

Total Stockholders' Equity                         171,656,000
                                                --------------
Total Liabilities & Shareholders' Deficit       $2,831,284,000
                                                ==============

                  Tropicana Entertainment, LLC
                        Income Statement
              For the Month Ended December 31, 2008

Operating Revenues
Casino revenue                                             $0
Rooms revenue                                               0
Food & beverage revenue                                     0
Other casino & hotel revenue - less int income              0
                                                --------------
Opening Revenues                                             0
Less promotional allowances                                  0
                                                --------------
Net Operating Revenues                                       0

Operating Expenses
Casino operating expenses                                   0
Rooms operating expenses                                    0
Food and beverage operating expenses                        0
Other casino and hotel operating expenses                   0
Utilities                                                   0
Marketing, advertising and casino promotions           15,000
Repairs and maintenance                                16,000
Insurance                                              44,000
Property and local taxes                                    0
Gaming tax and licenses                                     0
Administrative and general                          1,532,000
Leased land and facilities                             54,000
Depreciation and amortization                               0
Loss on disposition of assets                               0
Bad debt expense - loans                                    0
Impairment charge                                           0
Restructuring cost                                          0
Chapter 11 reorg. & other prof. fees                6,208,000
                                                --------------
Total Operating Expense                              7,869,000

Income from Operations                              (7,869,000)

Other Income (Expense)
Interest expense                                   (7,248,000)
Intercompany interest income                           57,000
Intercompany interest expense                         (75,000)
                                                --------------
Total Other Income (Expense)                        (7,265,000)

Federal Income Tax                                           0

Income Before Minority Interest                    (15,134,000)
                                                --------------
NET INCOME                                        ($15,134,000)
                                                ==============

                About Tropicana Entertainment

Based in Crestview Hills, Kentucky, Tropicana Entertainment LLC --
http://www.tropicanacasinos.com/-- is an indirect subsidiary of
Tropicana Casinos and Resorts.  The company is one of the largest
privately-held gaming entertainment providers in the United
States.  Tropicana Entertainment owns eleven casino properties in
eight distinct gaming markets with premier properties in Las
Vegas, Nevada, and Atlantic City, New Jersey.

Tropicana Entertainment LLC and its affliates filed for Chapter 11
protection on May 5, 2008 (Bankr. D. Del. Case No. 08-10856).
Kirkland & Ellis LLP and Mark D. Collins, Esq., at Richards Layton
& Finger, represent the Debtors in their restructuring efforts.
Their financial advisor is Lazard Ltd.  Their notice, claims, and
balloting agent is Kurtzman Carson Consultants LLC.  Epiq
Bankruptcy Solutions LLC is the Debtors' Web site administration
agent.  AlixPartners LLP is the Debtors' restructuring advisor.

Stroock & Stroock & Lavan LLP and Morris Nichols Arsht & Tunnell
LLP represent the Official Committee of Unsecured Creditors in
this case.  Capstone Advisory Group LLC is financial advisor to
the Creditors' Committee.

Bankruptcy Creditors' Service, Inc., publishes Tropicana
Bankruptcy News.  The newsletter tracks the chapter 11
restructuring proceedings commenced by  Tropicana Entertainment
LLC and its affiliates.  (http://bankrupt.com/newsstand/or
215/945-7000)


VERASUN ENERGY: Files Monthly Operating Report for December 2008
----------------------------------------------------------------
Verasun Energy Corp., et al., disclose, in a filing with the U.S.
Bankruptcy Court for the District of Delaware, that they had
an aggregate of $4,938,841,000 in assets, $1,921,243,000 in
shareholders' equity, and $3,017,598,000 in liabilities as of
December 31, 2008.

The Debtors also disclose that they had a net loss of 64,714,000
for the month ending December 31, 2008.

Furthermore, the Debtors tell the Court that they received cash
totaling $150,150,000 and disbursed cash totaling $105,734,000
for the month ending December 31, 2008.

Full-text copies of the Debtors' monthly operating report for the
month of December 2008 are available for free at:

  * http://bankrupt.com/misc/VerSDec08Bal.pdf
  * http://bankrupt.com/misc/VerSDec08Inc.pdf
  * http://bankrupt.com/misc/VerSDec08CashRecDisb.pdf

Bryan D. Meier, the Debtors' vice president and finance and chief
accounting officer, says that the monthly operating report was
prepared solely for the purpose of complying with monthly
reporting requirements and in a format prescribed under the
Bankruptcy Code and not in accordance with accounting principles
generally accepted in the United States.  He notes that the
Monthly Operating Report is limited in scope and covers a limited
time period.

                     About VeraSun Energy

Headquartered in Sioux Falls, South Dakota, VeraSun Energy Corp.
-- http://www.verasun.comor http://www.VE85.com/-- produces and
markets ethanol and distillers grains. Founded in 2001, the
company has a fleet of 16 production facilities in eight states,
with 14 in operation.

The company and its debtor-affiliates filed for Chapter 11
protection on Oct. 31, 2008, (Bankr. D. Del. Case No. 08-12606)
Mark S. Chehi, Esq. at Skadden Arps Slate Meagher & Flom LLP
represents the Debtors in their restructuring efforts.
AlixPartners LLP serves as their restructuring advisor. Rothschild
Inc. is their investment banker and Sitrick & Company is their
communication agent.  The Debtors' claims noticing and balloting
agent is Kurtzman Carson Consultants LLC.  The Debtors'
total assets as of June 30, 2008, was $3,452,985,000 and their
total debts as of June 30, 2008, was $1,913,214,000.

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


WASHINGTON MUTUAL: Files Operating Report for December 2008
-----------------------------------------------------------

                  WASHINGTON MUTUAL, INC.
                  Unaudited Balance Sheet
                  As of December 31, 2008


ASSETS
Unrestricted cash and cash equivalents           $4,542,345,206
Restricted cash and cash equivalents                140,149,745
Investment Securities                                64,679,399
Accrued interest receivable                           2,619,811
Accounts receivable                                           0
Income tax receivable                               483,465,626
Prepaid expenses                                     11,785,710
Cash surrender value of BOLI/COLI                    86,522,556
Funded Pension                                       39,173,922
Other investments                                    18,548,737
Investment in subsidiaries                        1,552,531,179
Notes receivable, intercompany                        2,784,811
Other assets                                         36,883,783
                                                ----------------
Total Assets                                      $6,981,490,485
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                     $6,814,833
Taxes payable                                                 0
Wages payable                                           105,000
Other accrued liabilities                            11,526,049
Rent and equipment lease payable                        183,788
Deferred tax liability (asset)                                0
Other liabilities - intercompany                              0
Other postpetition liabilities                                0
Minority interest                                     2,000,000
                                                ----------------
Total Postpetition Liabilities                       20,629,669

LIABILITIES NOT SUBJECT TO COMPROMISE
Senior debt                                       4,108,911,139
Subordinated debt                                 2,356,467,965
Accrued interest payable                             75,907,764
Notes payable - intercompany                        684,092,246
Accrued interest payable - intercompany                   3,012
Accounts payable                                              0
Accounts payable - intercompany                               0
Taxes payable                                       551,069,842
Payroll and benefit accruals                        407,236,707
Other accrued liabilities                            93,416,767
Other prepetiion liabilities                                223
                                                ----------------
Total Prepetition Liabilities                     8,277,105,665
                                                ----------------
Total Liabilities                                 8,297,735,334

SHAREHOLDERS' EQUITY
Preferred stock                                   3,392,341,954
Common stock                                     12,988,753,556
Other comprehensive income                       (2,116,416,942)
Retained earnings - prepetition                 (15,366,276,312)
Retained earnings - postpetition                   (214,647,105)
                                                ----------------
Total Shareholders' Equity                       (1,316,244,849)
                                                ----------------
Total Liabilities and Shareholders' Equity        $6,981,490,485
                                                ================

                    WASHINGTON MUTUAL, INC.
                Unaudited Statement of Operations
             For the period Dec. 1 to Dec. 30, 2008

REVENUES
Interest income:
Cash equivalents                                     $1,662,690
Securities                                              278,456
Notes receivable - intercompany                         377,336
Other                                                         0
                                                ----------------
Total Interest Income                                 2,318,482

Earnings from subsidiaries and other
  equity investments                                (181,204,821)
Gains (losses) from securities                       (5,726,925)
Other income                                            211,339
                                                ----------------
Total Revenues                                     (184,401,925)

OPERATING EXPENSES
Compensation and benefits                               547,254
Occupancy and equipment                                  59,915
Professional fees                                       159,879
Postage, express mail and courier                             0
Other outside services                                        0
Loss (Income) from BOLI/COLI policies                (1,455,032)
Management fees/transition services                   1,000,000
Insurance                                             1,684,475
Other                                                    99,349
                                                ----------------
Total Operating Expenses                              2,095,840

Net profit (loss) before other income
and expenses                                       (186,497,765)

OTHER INCOME AND EXPENSES
Interest expense:
Notes payable - intercompany                                  0
Borrowings                                                    0
                                                ----------------
Total Interest Expense                                        0

Other expense (income)                                        0
                                                ----------------
Net profit (loss) before
reorganization items                               (186,497,765)

REORGANIZATION ITEMS
Professional fees                                     5,495,746
U.S. Trustee quarterly fees                                   0
Gains (losses) from sale of assets                            0
Other reorganization expenses                                 0
                                                ----------------
Total Reorganization Items                            5,495,746
                                                ----------------
Net profit (loss) before income taxes               (191,993,511)

Income taxes                                                   0
                                                ----------------
NET PROFIT (LOSS)                                  ($191,993,511)
                                                ================

                  WASHINGTON MUTUAL, INC.
   Unaudited Schedule of Cash Receipts and Disbursements
            For the period Dec. 1 to Dec. 30, 2008

Opening Balance 11/30/08                          $3,941,875,040

RECEIPTS
Interest & investment returns                         1,692,184
Tax refunds                                           1,573,600
Reimbursements from WMB                                       0
Reimbursements/distributions from subs              289,350,419
Sales of assets/securities                                    0
Miscellaneous receipts                                        0
                                                ----------------
Total Receipts                                       292,616,203

TRANSFERS
General to Disbursement                                       0
Loan to subsidiary                                  (11,930,682)
Sweep to Money Market account                                 0
General to Payroll                                            0
To new bank account                                           0
                                                ----------------
Total Transfers                                      (11,930,682)

DISBURSEMENTS
Insurance                                                     0
Travel and other expenses                                 1,866
Retainer                                                 30,000
Professional fees                                     1,214,422
Bank fees                                                 3,309
U.S. trustee quarterly fees                                   0
Directors fees                                          160,389
Miscellaneous adjustments                                     0
                                                ----------------
Total Disbursements                                    1,409,985
                                                ================
Net Cash Flow                                        279,275,536
                                                ----------------
Cash - End of Month                                4,221,150,576

GL Balance                                         4,221,150,576

Net value -- short-term securities                   321,194,630
                                                ----------------
Total Cash and Cash Equivalents                   $4,542,345,206
                                                ================

                      WMI INVESTMENT CORP.
                    Unaudited Balance Sheet
                    As of December 31, 2008

ASSETS
Unrestricted cash and cash equivalents             $273,333,514
Restricted cash and cash equivalents                          0
Investment Securities                                         0
Accrued interest receivable                              37,388
Accounts receivable                                           0
Income tax receivable                                22,187,560
Prepaid expenses                                              0
Cash surrender value of BOLI/COLI                             0
Funded Pension                                                0
Other investments                                    48,882,412
Investment in subsidiaries                                    0
Notes receivable, intercompany                      565,844,197
Other assets                                                  0
                                                ----------------
Total Assets                                        $910,285,071
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                             $0
Taxes payable                                                 0
Wages payable                                                 0
Other accrued liabilities                                 4,875
Rent and equipment lease payable                              0
Deferred tax liability (asset)                                0
Other liabilities - intercompany                              0
Other postpetition liabilities                                0
Minority interest                                             0
                                                ----------------
Total Postpetition Liabilities                            4,875

LIABILITIES NOT SUBJECT TO COMPROMISE
Senior debt                                                   0
Subordinated debt                                             0
Accrued interest payable                                      0
Notes payable - intercompany                                  0
Accrued interest payable - intercompany                       0
Accounts payable                                              0
Accounts payable - intercompany                               0
Taxes payable                                                 0
Payroll and benefit accruals                                  0
Other accrued liabilities                                     0
Other prepetition liabilities                                 0
                                                ----------------
Total Prepetition Liabilities                                 0
                                                ----------------
Total Liabilities                                         4,875

SHAREHOLDERS' EQUITY
Preferred stock                                               0
Common stock                                      1,000,000,000
Other comprehensive income                           22,187,560
Retained earnings - prepetition                      14,133,260
Retained earnings - postpetition                   (126,040,624)
                                                ----------------
Total Shareholders' Equity                          910,280,196
                                                ----------------
Total Liabilities and Shareholders' Equity           910,285,071
                                                ================

                    WMI INVESTMENT CORP.
               Unaudited Statement of Operations
            For the period Dec. 1 to Dec. 30, 2008

REVENUES
Interest income:
Cash equivalents                                        $39,814
Securities                                              108,774
Notes receivable - intercompany                               0
Other                                                         0
                                                ----------------
Total Interest Income                                   148,588

Earnings from subsidiaries and other
  equity investments                                 (16,334,027)
Gains (losses) from securities                      (87,413,392)
Other income                                                  0
                                                ----------------
Total Revenues                                     (103,598,831)

OPERATING EXPENSES
Compensation and benefits                                     0
Occupancy and equipment                                       0
Professional fees                                             0
Postage, express mail and courier                             0
Other outside services                                        0
Loss (Income) from BOLI/COLI policies                         0
Management fees/transition services                           0
Insurance                                                     0
Other                                                   209,165
                                                ----------------
Total Operating Expenses                                209,165

Net profit (loss) before other income
and expenses                                       (103,807,996)

OTHER INCOME AND EXPENSES
Interest expense:
Notes payable - intercompany                                  0
Borrowings                                                    0
                                                ----------------
Total Interest Expense                                        0

Other expense (income)                                        0
                                                ----------------
Net profit (loss) before
reorganization items                               (103,807,996)

REORGANIZATION ITEMS
Professional fees                                             0
U.S. Trustee quarterly fees                               4,875
Gains (losses) from sale of assets                            0
Other reorganization expenses                                 0
                                                ----------------
Total Reorganization Items                                4,875
                                                ----------------
Net profit (loss) before income taxes               (103,812,871)

Income taxes                                                   0
                                                ----------------
NET PROFIT (LOSS)                                  ($103,812,871)
                                                ================

                    WMI INVESTMENT CORP.
   Unaudited Schedule of Cash Receipts and Disbursements
            For the period Dec. 1 to Dec. 30, 2008

Opening Balance 11/30/08                             $59,695,687

RECEIPTS
Interest & investment returns                         2,017,417
Tax refunds                                                   0
Reimbursements from WMB                                       0
Reimbursements/distributions from subs                        0
Sales of assets/securities                          160,758,330
Miscellaneous receipts                                        0
                                                ----------------
Total Receipts                                       162,775,747

TRANSFERS
General to Disbursement                                       0
Loan to subsidiary                                            0
Sweep to Money Market account                      (165,796,856)
General to Payroll                                            0
To new bank account                                           0
                                                ----------------
Total Transfers                                     (165,796,856)

DISBURSEMENTS
Insurance                                                     0
Travel and other expenses                                     0
Retainer                                                      0
Professional fees                                             0
Bank fees                                               352,693
U.S. trustee quarterly fees                                   0
Directors fees                                                0
Miscellaneous adjustments                                     0
                                                ----------------
Total Disbursements                                      352,693
                                                ================
Net Cash Flow                                         (3,373,802)
                                                ----------------
Cash - End of Month                                   56,321,885

GL Balance                                            56,321,885

Net value -- short-term securities                   217,011,629
                                                ----------------
Total Cash and Cash Equivalents                     $273,333,514
                                                ================

                    WaMu's Preferred Funding

Mr. Maciel disclosed that WaMu is currently assessing a number of
legal, accounting and tax issues related to the Exchange Event
that occurred as of the Petition Date, involving certain (i) non-
cumulative preferred securities, (ii) fixed-to-floating rate
securities, and (iii) floating rate securities.

Because of these unresolved issues, the Debtors have yet to
reflect any possible interests in the Securities and the assets
of Washington Mutual Preferred Funding LLC.

Assuming that the Conditional Exchange on the Securities had been
completed, WaMu's financial statements at December 31, 2008,
would reflect a credit to shareholders' equity of approximately
$3.9 billion upon issuance of the New Classes of Preferred WaMu
Stock, as well as a corresponding loss of approximately
$3.9 billion upon conversion of the Securities, Mr. Maciel
explained.

                        Tax-Related Items

Mr. Maciel reported that during the period from December 1 to
December 30, 2008, the Debtors made:

  -- no filings of tax returns with respect to property, sale
     and use taxes;

  -- five filings reflecting the withholding summary of
     deposits;

  -- a filing of a business and occupation tax return.

WaMu also opened new Money Market Account No. XXXXX0658 with the
Bank of America.

                       Vendor Payments

Mr. Maciel reported that as of December 31, 2008, WaMu paid an
aggregate of $6,811,080 to these vendors on account of their
services:

Vendor                                           Payment
------                                          ---------
Akin Gump                                        $144,029
Alvarez & Marsal                                1,320,854
Bowne                                               1,577
Brouwer, Curt                                         243
Corporation Service Company                         1,701
Davis Wright Tremaine LLP                         166,116
Depository Trust Company                            3,422
FTI Consulting, Inc.                              683,873
Gibson, Dunn & Crutcher LLP                        57,610
Heller Ehrman LLP                                       0
IKON Office Solutions                                 196
Joele Frank, Wilkinson Brimmer Katcher             21,494
Jones Day                                               0
Kurtzman Carson Consultants LLC                   269,108
Logan, Doreen                                       2,558
Mark Monitor                                       15,605
Milliman                                           20,812
National Financial Services                         1,347
Pepper Hamilton                                   400,708
Richards, Layton & Finger, P.A.                    36,086
Schrag, Ian                                           278
Sidney Austin LLP                                  56,506
Stroock & Stroock & Lauan                           2,176
Thomson Financial LLC                               7,978
Towers Perrin                                      67,658
Weil Gotshal & Manges, LLP                      3,522,032
Williams, Robert J.                                 7,100

A full-text copy of WaMu's December 2008 Operating Report is
available for free at the U.S. Securities and Exchange Commission
at: http://ResearchArchives.com/t/s?391e

                     About Washington Mutual

Based in Seattle, Washington, Washington Mutual Inc. --
http://www.wamu.com/-- is a holding company for Washington Mutual
Bank as well as numerous non-bank subsidiaries.  The company
operates in four segments: the Retail Banking Group, which
operates a retail bank network of 2,257 stores in California,
Florida, Texas, New York, Washington, Illinois, Oregon, New
Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and
Connecticut; the Card Services Group, which operates a nationwide
credit card lending business; the Commercial Group, which conducts
a multi-family and commercial real estate lending business in
selected markets, and the Home Loans Group, which engages in
nationwide single-family residential real estate lending,
servicing and capital markets activities.

Washington Mutual Bank was taken over Sept. 25 by U.S. government
regulators.  The next day, WaMu and its debtor-affiliate, WMI
Investment Corp., filed separate petitions for Chapter 11 relief
(Bankr. D. Del. 08-12229 and 08-12228, respectively).  Wamu owns
100% of the equity in WMI Investment.  Weil Gotshal & Manges
represents the Debtors as counsel. When WaMu filed for protection
from its creditors, it listed assets of $32,896,605,516 and debts
of $8,167,022,695.  WMI Investment listed assets of $500,000,000
to $1,000,000,000 with zero debts.

(Washington Mutual Bankruptcy News, Issue No. 16; 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.

The Sunday TCR delivers securitization rating news from the week
then-ending.

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.  Ronald C. Sy, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Carlo Fernandez, Christopher G. Patalinghug,
and Peter A. Chapman, Editors.

Copyright 2009.  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.

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