TCR_Public/100313.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, March 13, 2010, Vol. 14, No. 71

                            Headlines

ACCEPTANCE INSURANCE: Earns $1,199,442 in February
BH S&B: Posts $234,805 Net Loss in January
CHEMTURA CORP: Reports $20,000,000 Net Loss for January
CHRYSLER LLC: Has $144,000,000 Cash at End of January
COOPER-STANDARD: CSA FHS Reports $4.29 Mil. Net Income for January

COOPER-STANDARD: CSA Inc Reports $9.08 Mil. Loss for January
COOPER-STANDARD: CSA OH Reports $2.24 Mil. Net Income for January
DECODE GENETICS: Reports $50.3 Million Net Income in January
FAIRFIELD RESIDENTIAL: Posts $5,899,751 Net Loss in January
FAIRPOINT COMMUNICATIONS: Has $127,673,082 Cash at End of January

GENERAL GROWTH: Reports $539,591,000 Loss for December
GENERAL GROWTH: Reports $90,017,000 Loss for January
HELLER EHRMAN: Files January 2010 Monthly Operating Report
LANDAMERICA FIN'L: Nov. Net Loss at $723MM Due to Impairment
LEHMAN BROTHERS: Has $17.55 Bil. Cash at End of January

NEWPOWER HOLDINGS: Files Monthly Operating Report for January
PROTOSTAR LTD: Posts $3.3 Million Net Loss in January
PROTOSTAR LTD: ProtoStar I Posts $3.9 Million Net Loss in January
PROTOSTAR LTD: ProtoStar II Posts $616,537 Net Loss in January
PROTOSTAR LTD: ProtoStar Asia Posts $65,421 Net Loss in January

PROTOSTAR LTD: ProtoStar Dev't Files January Operating Report
PROTOSTAR LTD: ProtoStar Satellite Earns $13,559 in January
TOUSA INC: Reports $8,309,885 Net Loss for January
TRIBUNE CO: Reports $5,448,000 Net Loss for January
VALUE CITY: Posts $147,000 Net Loss in January

VISTEON CORP: Incurs $48,082,000 Net Loss for January
WASHINGTON MUTUAL: Has $4.57 Billion Cash at End of January
YOUNG BROADCASTING: Posts $4,760,230 in January


                            *********



ACCEPTANCE INSURANCE: Earns $1,199,442 in February
--------------------------------------------------
Acceptance Insurance Companies Inc. filed with the U.S.
Bankruptcy Court for the District of Nebraska on March 9, 2010,
its monthly operating report for February 2010.

For the month ended February 28, 2010, Acceptance Insurance
Companies Inc. reported net income of $1,199,442 on net investment
income of $206.  Net income in February includes equity in operating
earnings of AIC of $1,335,695 and equity in unrealized losses of
securities of AIC of $79,155.

The Debtor reported total assets of $3,206,168, total liabilities
of $138,223,294, and stockholders' deficit of $135,017,126 as of
February 28, 2010.

A full-text copy of the Debtor's February 2010 operating report is
available for free at http://researcharchives.com/t/s?58a8

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies, Inc. -- http://www.aicins.com/-- owns, either
directly or indirectly, several companies, one of which is an
insurance company that accounts for substantially all of the
business operations and assets of the corporate groups.

The Company filed for Chapter 11 protection on Jan. 7, 2005
(Bankr. D. Nebr. Case No. 05-80059).  The Debtor's affiliates --
Acceptance Insurance Services, Inc., and American Agrisurance,
Inc. -- each filed Chapter 7 petitions (Bankr. D. Nebr. Case Nos.
05-80056 and 05-80058) on January 7, 2005.  John J. Jolley, Esq.,
at Kutak Rock LLP, represents the Debtor in its restructuring
efforts.  Lawyers at McGrath North Mullin & Kratz PC, LLO,
represent the Official Committee of Unsecured Creditors in
Acceptance Insurance's case.


BH S&B: Posts $234,805 Net Loss in January
------------------------------------------
BH S&B Holdings LLC filed with U.S. Bankruptcy Court for the
Southern District of New York on February 22, 2010, a monthly
operating report for the month of January 2010.

The Company reported a net loss of $234,805 in January.

At January 31, 2010, the Debtor had $10,181,237 in total assets and
$144,239,808 in total liabilities.

The Company ended January with $3,767,617 in unrestricted cash and
cash equivalents, from $3,921,724 at the beginning of the period.  The
Company paid a total of $93,577 in professional fees in January.

A copy of the Debtor' monthly operating report for the month of
January is available at no charge at:

          http://bankrupt.com/misc/bhs&b.januarymor.pdf

BH S&B Holdings LLC filed for bankruptcy protection together with
seven other affiliates on Nov. 19, 2008 (Bankr. S.D. N.Y. Lead
Case No. 08-14604).  The seven debtor-affiliates are BH S&B
Distribution LLC, BH S&B Lico LLC, BH S&B Retail LLC, BHY S&B
Intermediate Holdco LLC, Cubicle Licensing LLC, Fashion Plate
Licensing LLC, and Heritage Licensing LLC.

BH S&B was formed by investment firms Bay Harbour Management and
York Capital Management in August 2008 to acquire the business
operations and assets of bankrupt retailer Steve & Barry's for
$163 million in August 2008.  Steve and Barry's, based in Port
Washington, New York, was a specialty retailer of apparel and
accessories, selling, among other things, university apparel and
lifestyle brands, private-label casual clothing, and exclusive
celebrity endorsed apparel.

Steve & Barry's had 240 locations when it was bought and the new
owners had planned to cut that down to 173 stores.  BH S&B had
intended to operate certain Steve & Barry's stores as going
concerns and to liquidate inventory at other locations.  Since the
sale closing, however, for various reasons, including the general
health of the American economy and the state of the retail market
in particular, sales at all stores have been disappointing, and BH
S&B's revenue has suffered.  As a result, BH S&B was not in
compliance with certain covenants under their senior secured
credit facility and had no prospects for continued financing of
their business as a going concern.  In consultation with its
lenders, BH S&B decided the appropriate course of action to
maximize value for the benefit of all of its stakeholders was an
orderly liquidation in Chapter 11.

Bay Harbour Management is an SEC registered investment advisor
with significant experience in purchasing distressed companies
and effectuating their turnaround.  The firm's holdings have
included the retailer Barneys New York, the facilities based CLEC
Telcove, and the former Aladdin Casino, now operating on the Las
Vegas strip as the Planet Hollywood Resort and Casino following
its rebranding and turnaround.

York Capital Management is an SEC registered investment advisor
with offices in New York, London, and Hong Kong with more than
$15 billion in assets under management.  York Capital was founded
in 1991 and specializes in value oriented and event driven equity
and credit investments.

BH S&B is 100% owned by BHY S&B Intermediate Holdco LLC.

BH S&B and its affiliates' chapter 11 cases are presided over by
the Honorable Martin Glenn.  Joel H. Levitin, Esq., and Richard A.
Stieglitz, Jr., Esq., at Cahill Gordon & Reindel LLP, in New York,
serve as bankruptcy counsel to BH S&B and its affiliates.  RAS
Management Advisors LLC acts as restructuring advisors, and
Kurtzman Carson Consultants LLC as claims and notice agent.


CHEMTURA CORP: Reports $20,000,000 Net Loss for January
-------------------------------------------------------
                  Chemtura Corporation, Et Al.
         Condensed Combined Balance Sheets (Unaudited)
                   As of January 31, 2010

                           Assets

Current Assets                                    $662,000,000
Intercompany receivables                           521,000,000
Investment in subsidiaries                       1,884,000,000
Property, plan and equipment                       417,000,000
Goodwill                                           149,000,000
Other assets                                       418,000,000
                                                 --------------
Total assets                                    $4,051,000,000
                                                 ==============

              Liabilities and Stockholders' Equity

Current liabilities                               $458,000,000
Intercompany payables                               41,000,000
Other long-term liabilities                         69,000,000
                                                 --------------
Total liabilities
not subject to compromise                         568,000,000

Liabilities subject to compromise                3,343,000,000

Total stockholders' equity                         140,000,000
                                                 --------------
Total liabilities
and stockholders' equity                        $4,051,000,000
                                                 ==============

                 Chemtura Corporation, et al.
     Condensed Combined Statement of Operations (Unaudited)
           For the Period from January 1 to 31, 2010

Net sales                                         $147,000,000

Cost of goods sold                                 130,000,000
Selling, general and
administrative expenses                             13,000,000
Depreciation and amortization                        9,000,000
Research and development                             2,000,000
                                                 --------------
Operating profit (loss)                             (7,000,000)

Interest expense                                    (6,000,000)
Other income (expense)                               3,000,000
Reorganization items, net                           (5,000,000)
Equity in net earnings (loss)
of subsidiaries                                     (5,000,000)
                                                 --------------
Income (loss) before income taxes                  (20,000,000)
Income tax benefit                                           -
                                                 --------------
Net income (loss)                                 ($20,000,000)
                                                 ==============

                  Chemtura Corporation, et al.
      Condensed Combined Statement of Cash Flows (Unaudited)
           For the Period from January 1 to 31, 2010

Cash Flows from Operating Activities:
Net income (loss)                                 ($20,000,000)
Adjustments to reconcile
net loss to net cash used
in operating activities:
Depreciation and amortization                        9,000,000
Reorganization items, net                            5,000,000
Changes in assets and debts, net                   (24,000,000)
                                                 --------------
Net cash provided in
operating activities                               (30,000,000)
                                                 --------------

Cash flows from Investing Activities:
Capital expenditures                                (2,000,000)
                                                 --------------

Cash Flows from Financing Activities:
Proceeds from credit facility, net                   3,000,000
                                                 --------------

Cash and Cash Equivalents:

Change in cash and cash equivalents                (29,000,000)
                                                 --------------
Cash and cash equivalents, beginning of period      81,000,000
                                                 --------------
Cash and cash equivalents, end of period           $52,000,000
                                                 ==============

                     About Chemtura Corp.

Based in Middlebury, Connecticut, Chemtura Corporation (CEM) --
http://www.chemtura.com/-- with 2008 sales of $3.5 billion, is a
global manufacturer and marketer of specialty chemicals, crop
protection products, and pool, spa and home care products.

Chemtura Corporation and 26 of its U.S. affiliates filed voluntary
petitions for relief under Chapter 11 on March 18, 2009 (Bankr.
S.D.N.Y. Case No. 09-11233).  M. Natasha Labovitz, Esq., at
Kirkland & Ellis LLP, in New York, serves as bankruptcy counsel.
Wolfblock LLP serves as the Debtors' special counsel.  The
Debtors' auditors and accountant are KPMG LLP; their investment
bankers are Lazard Freres & Co.; their strategic communications
advisors are Joele Frank, Wilkinson Brimmer Katcher; their
business advisors are Alvarez & Marsal LLC and Ray Dombrowski
serves as their chief restructuring officer; and their claims and
noticing agent is Kurtzman Carson Consultants LLC.

As of December 31, 2008, the Debtors had total assets of
$3.06 billion and total debts of $1.02 billion.

Bankruptcy Creditors' Service, Inc., publishes Chemtura
Bankruptcy News.  The newsletter tracks the Chapter 11
proceedings undertaken by Chemtura Corp. and its affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


CHRYSLER LLC: Has $144,000,000 Cash at End of January
-----------------------------------------------------
            Old Carco LLC (fka Chrysler LLC) et al.
               Condensed Combined Balance Sheet
                    As of January 31, 2010

CURRENT ASSETS:
  Cash and cash equivalents                        $144,000,000
  Restricted cash                                   101,000,000
  Inventories                                        12,000,000
  Prepaid expenses and other current assets         478,000,000
  Deferred taxes                                     17,000,000
                                                 --------------
     TOTAL CURRENT ASSETS                           752,000,000

OTHER ASSETS:
  Property, plant and equipment, net                492,000,000
  Investments, notes and advances                   909,000,000
  Restricted cash                                     2,000,000
  Deferred taxes                                     13,000,000
  Other assets                                       13,000,000
                                                 --------------
     TOTAL OTHER ASSETS                           1,429,000,000
                                                 --------------
TOTAL ASSETS                                     $2,181,000,000
                                                 ==============

CURRENT LIABILITIES NOT SUBJECT TO COMPROMISE:
  Accrued expenses & other current liabilities     $673,000,000
  Debtor-in-possession financing                  3,344,000,000
  Deferred taxes                                      4,000,000
                                                 --------------
     TOTAL CURRENT LIABILITIES                    4,021,000,000

LONG-TERM LIABILITIES NOT SUBJECT TO COMPROMISE:
  Accrued expenses and other liabilities            133,000,000
  Deferred taxes                                    247,000,000
                                                 --------------
     TOTAL LONG-TERM LIABILITIES                    380,000,000
  Liabilities subject to compromise              17,722,000,000
                                                 --------------
     TOTAL LIABILITIES                           22,123,000,000

MEMBER'S DEFICIT:
  Capital stock                                     316,000,000
  Contributed capital                             7,735,000,000
  Accumulated losses                            (32,687,000,000)
  Accumulated other comprehensive loss (income)   4,694,000,000
                                                 --------------
     TOTAL MEMBER'S DEFICIT                     (19,942,000,000)
                                                 --------------
TOTAL LIABILITIES & MEMBER'S DEFICIT             $2,181,000,000
                                                 ==============

            Old Carco LLC (fka Chrysler LLC) et al.
          Condensed Combined Statement of Operations
                 Month Ended January 31, 2010

  Revenues                                           $1,000,000
  Cost of sales                                       8,000,000
                                                 --------------
     GROSS MARGIN                                    (7,000,000)

  Selling, administrative & other expenses          (72,000,000)
  Research and development                                    -
  Other income (loss), net                                    -
  Gain on Daimler pension settlement                          -
  Restructuring (income) expense                              -
                                                 --------------
  INCOME (LOSS) BEFORE FINANCIAL EXPENSE,            65,000,000
  REORGANIZATION ITEMS AND INCOME TAXES

  Financial expense, net                            (29,000,000)
                                                 --------------
  INCOME (LOSS) BEFORE REORG. ITEMS &
     INCOME TAXES                                    36,000,000

  Reorganization items                               24,000,000
  Provision (credit) for income taxes                (2,000,000)
                                                 --------------
  NET INCOME (LOSS)                                 $14,000,000
                                                 ==============

            Old Carco LLC (fka Chrysler LLC) et al.
          Condensed Combined Statement of Cash Flows
             For the month ending January 31, 2010

CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)                                   $14,000,000
Adjustments to reconcile net income (loss) to net
cash provided by (used in) operating activities:
  Depreciation and amortization                       9,000,000
  Changes in deferred taxes                          (2,000,000)
  Amortization of original issue
     discount on DIP Financing                                -
  Net loss (gain) on Fiat transaction                 4,000,000
  Net loss (gain) on disposal of fixed assets        16,000,000
  Other non-cash income and expense                           -
  Changes in accrued expenses & other liabilities   (37,000,000)
  Changes in other operating assets & liabilities:
  * inventories                                       8,000,000
  * trade receivables                                         -
  * trade liabilities                                         -
  * payments for reorganization items                (2,000,000)
  * other assets and liabilities                     (5,000,000)
                                                 --------------
NET CASH PROVIDED BY (USED IN)
  OPERATING ACTIVITIES                                5,000,000

CASH FLOWS FROM INVESTING (FINANCING) ACTIVITIES:
  Proceeds from Fiat transaction                              -
  Purchases of property, plant &
     equipment, equipment on operating
     leases & intangible assets                               -
  Proceeds from disposals of property, plant
     and equipment and intangible assets                      -
  Proceeds from disposals of equipment on
     operating leases                                         -
Net change in restricted cash                                 -
Other                                                         -
                                                 --------------
NET CASH PROVIDED BY INVESTING ACTIVITIES                     -

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from DIP Financing                                 -
  Repayment of first lien credit facility            (7,000,000)
  Change in financial liabilities - 3rd party                 -
  Original issue discount on DIP Financing                    -
                                                 --------------
NET CASH PROVIDED BY (USED IN)
FINANCING ACTIVITIES                                (7,000,000)
                                                 --------------
  Net increase (decrease) in cash and cash equiv.    (2,000,000)
                                                 --------------
  Cash & cash equiv. at beginning of period         146,000,000
                                                 --------------
  Cash and cash equivalents at end of period       $144,000,000
                                                 ==============

                     About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic
alliance with Fiat Group, produces Chrysler, Jeep(R), Dodge, Ram
Truck, Mopar(R) and Global Electric Motorcars (GEM) brand vehicles
and products.  Headquartered in Auburn Hills, Michigan, Chrysler
Group LLC's product lineup features some of the world's most
recognizable vehicles, including the Chrysler 300, Jeep Wrangler
and Ram Truck.  Fiat will contribute world-class technology,
platforms and powertrains for small- and medium-sized cars,
allowing Chrysler Group to offer an expanded product line
including environmentally friendly vehicles.

                        About Chrysler LLC

Chrysler LLC and 24 affiliates on April 30 sought Chapter 11
protection from creditors (Bankr. S.D.N.Y (Mega-case), Lead Case
No. 09-50002).  Chrysler hired Jones Day, as lead counsel; Togut
Segal & Segal LLP, as conflicts counsel; Capstone Advisory Group
LLC, and Greenhill & Co. LLC, for financial advisory services; and
Epiq Bankruptcy Solutions LLC, as its claims agent.  Chrysler has
changed its corporate name to Old CarCo following its sale to a
Fiat-owned company.  As of December 31, 2008, Chrysler had
$39,336,000,000 in assets and $55,233,000,000 in debts.  Chrysler
had $1.9 billion in cash at that time.

In connection with the bankruptcy filing, Chrysler reached an
agreement with Fiat SpA, the U.S. and Canadian governments and
other key constituents regarding a transaction under Section 363
of the Bankruptcy Code that would effect an alliance between
Chrysler and Italian automobile manufacturer Fiat.  Under the
terms approved by the Bankruptcy Court, the company formerly known
as Chrysler LLC on June 10, 2009, formally sold substantially all
of its assets, without certain debts and liabilities, to a new
company that will operate as Chrysler Group LLC.  Fiat has a 20
percent equity interest in Chrysler Group.

Bankruptcy Creditors' Service, Inc., publishes Chrysler Bankruptcy
News.  The newsletter tracks the Chapter 11 proceedings of
Chrysler LLC and its debtor-affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


COOPER-STANDARD: CSA FHS Reports $4.29 Mil. Net Income for January
------------------------------------------------------------------
         Cooper-Standard Automotive FHS Inc.
               Unaudited Balance Sheet
               As of January 31, 2010

ASSETS
Current Assets
Cash and cash equivalents                             $754,415
Account receivable, net                             20,472,899
Inventories, net                                    10,011,616
Prepaid expenses                                       (49,006)
Intercompany receivable                             90,155,653
Others                                                       -
                                                 --------------
Total current assets                               121,345,577

Property, plant and equipment, net                   33,371,554
Goodwill                                                      -
Intangibles, net                                        640,498
Intercompany investments                              2,405,255
Long-term intercompany receivable                             -
Other assets                                              8,692
                                                 --------------
Total assets                                       $157,771,576
                                                 ==============

LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

Liabilities not subject to compromise:
Current liabilities:
Debt Payable within One Year                                 -
Accounts payable                                     7,368,071
Payroll liabilities                                    677,310
Accrued liabilities                                  1,206,235
Intercompany payable                                         -
                                                 --------------
Total current liabilities                             9,251,616

Long-term debt                                                -
Pension benefits                                              -
Post-retirement benefits other than pensions                  -
Deferred tax liabilities                              5,853,239
Other long-term liabilities                             190,784
Liabilities subject to compromise                     2,506,815
                                                 --------------
Total liabilities                                    17,802,454

Common stock                                                  -
Intercompany common stock                                     -
Additional paid-in capital                                    -
Intercompany paid-in capital                        120,302,465
Retained Earnings (Accumulated deficit)              19,647,455
Accumulated other comprehensive income (loss)            19,202
                                                 --------------
Total stockholders' equity (deficit)                139,969,122
                                                 --------------
Total liabilities and equity (deficit)             $157,771,576
                                                 ==============

           Cooper-Standard Automotive FHS Inc.
               Unaudited Income Statement
          For the Period Ended January 31, 2010

Sales                                               $16,245,448
Material                                             7,291,143
Labor                                                1,118,664
Overhead                                             2,738,769
Scrap & Other                                          737,315
                                                 --------------
Cost of products sold                                11,885,891

Gross profit                                          4,359,557

Salary & Benefits                                            -
Supplies/Occupancy                                           -
Travel & Entertainment                                       -
Contract Services                                           21
Other                                                  (13,962)
Impairment                                                   -
Amortization of intangibles                                  -
Restructuring                                           85,197
                                                 --------------
Total SG&A Expenses                                      71,256

Operating profit (loss)                               4,288,301

Reorganization Items, net                                     -
Royalty income (loss)                                         -
Other income (expense)                                   (2,329)
Equity earnings (losses)                                      -
                                                 --------------
EBIT                                                  4,285,972

Interest income (expense)                                     -
                                                 --------------
Income (loss) before income taxes                     4,285,972

Provision for income tax (benefit)                            -
                                                 --------------
Net income (loss)                                    $4,285,972
                                                 ==============

CS Automotive FHS also reported total receipts of $747,731 and
total disbursements of -$49,713,773 for January 2010.

                       About Cooper-Standard

Cooper-Standard Automotive Inc. -- http://www.cooperstandard.com/
-- headquartered in Novi, Michigan, is a leading global automotive
supplier specializing in the manufacture and marketing of systems
and components for the automotive industry.  Products include body
sealing systems, fluid handling systems and NVH control systems.
The Company is one of the leading suppliers of chassis products in
North America, with about 14% of market share.  The Company's main
custoemrs include Ford Motor Company, General Motors, Chrysler,
Audi, Volkswagen, BMW, Fiat and Honda, among other automakers.
Cooper-Standard Automotive employs approximately 16,000 people
globally with more than 70 facilities throughout the world.

Cooper-Standard is a privately held portfolio company of The
Cypress Group and Goldman Sachs Capital Partners Funds.

Cooper-Standard Holdings Inc., together with affiliates, filed for
Chapter 11 on August 4, 2009 (Bankr. D. Del. Case No. 09-12743).
Attorneys at Fried, Frank, Harris, Shriver & Jacobson LLP and
Richards, Layton & Finger, P.A., will serve as bankruptcy counsel
to the Debtors.  Lazard Freres & Co. is serving as investment
banker while Alvarez & Marsal is financial advisor.  Kurtzman
Carson Consultants LLC is notice, claims and solicitation agent.
In its bankruptcy petition, the Company said that assets on a
consolidated basis total $1,733,017,000 while debts total
$1,785,039,000 as of March 31, 2009.

The Company's Canadian subsidiary, Cooper-Standard Automotive
Canada Limited, also sought relief under the Companies' Creditors
Arrangement Act in the Ontario Superior Court of Justice in
Toronto, Ontario, Canada.

Bankruptcy Creditors' Service, Inc., publishes Cooper-Standard
Bankruptcy News.  The newsletter tracks the Chapter 11 and CCAA
proceedings undertaken by Cooper-Standard Holdings Inc. and its
various affiliates.  (http://bankrupt.com/newsstand/or 215/945-


COOPER-STANDARD: CSA Inc Reports $9.08 Mil. Loss for January
------------------------------------------------------------
             Cooper-Standard Automotive Inc.
                 Unaudited Balance Sheet
                 As of January 31, 2010

ASSETS
Current Assets
Cash and cash equivalents                          $98,368,848
Account receivable, net                             85,942,471
Inventories, net                                    26,334,404
Prepaid expenses                                     5,730,328
Intercompany receivable                                      -
Others                                               6,627,460
                                                 --------------
Total current assets                               223,003,511

Property, plant and equipment, net                   89,720,888
Goodwill                                             87,728,335
Intangibles, net                                      1,009,175
Intercompany investments                            526,825,393
Long-term intercompany receivable                   206,368,026
Other assets                                         30,747,036
                                                 --------------
Total assets                                     $1,165,402,364
                                                 ==============

LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

Liabilities not subject to compromise:
Current liabilities:
Debt Payable within One Year                        75,046,768
Accounts payable                                    44,474,689
Payroll liabilities                                 19,924,489
Accrued liabilities                                 24,048,742
Intercompany payable                               652,128,674
                                                 --------------
Total current liabilities                           815,623,362

Long-term debt                                        2,093,808
Pension benefits                                     70,467,231
Post-retirement benefits other than pensions         54,126,480
Deferred tax liabilities                             (1,499,906)
Other long-term liabilities                          10,392,256
Liabilities subject to compromise                 1,077,130,007
                                                 --------------
Total liabilities                                 2,028,333,238

Common stock                                                 35
Intercompany common stock                            (1,515,999)
Additional paid-in capital                              793,394
Intercompany paid-in capital                       (321,453,257)
Retained Earnings (Accumulated deficit)            (421,874,641)
Accumulated other comprehensive income (loss)      (118,880,406)
                                                 --------------
Total stockholders' equity (deficit)               (862,930,874)
                                                 --------------
Total liabilities and equity (deficit)           $1,165,402,364
                                                 ==============

             Cooper-Standard Automotive Inc.
                Unaudited Income Statement
           For the Period Ended January 31, 2010

Sales                                               $41,639,474
Material                                            24,618,374
Labor                                                3,405,672
Overhead                                             7,362,933
Scrap & Other                                          903,255
                                                 --------------
Cost of products sold                                36,290,234

Gross profit                                          5,349,240

Salary & Benefits                                    5,079,512
Supplies/Occupancy                                   1,436,269
Travel & Entertainment                                 129,207
Contract Services                                      728,509
Other                                                1,756,927
Impairment                                                   -
Amortization of intangibles                             28,833
Restructuring                                           32,757
                                                 --------------
Total SG&A Expenses                                   9,192,014

Operating profit (loss)                              (3,842,774)

Reorganization Items, net                            (3,492,255)
Royalty income (loss)                                   544,049
Other income (expense)                                 (987,261)
Equity earnings (losses)                                      -
                                                 --------------
EBIT                                                 (7,778,241)

Interest income (expense)                            (1,576,534)
                                                 --------------
Income (loss) before income taxes                    (9,354,775)

Provision for income tax (benefit)                     (279,466)
                                                 --------------
Net income (loss)                                   ($9,075,309)
                                                 ==============

CS Automotive Inc. also reported total receipts of $528,020,030,
and total disbursements of -$328,738,987 for January 2010.

                       About Cooper-Standard

Cooper-Standard Automotive Inc. -- http://www.cooperstandard.com/
-- headquartered in Novi, Michigan, is a leading global automotive
supplier specializing in the manufacture and marketing of systems
and components for the automotive industry.  Products include body
sealing systems, fluid handling systems and NVH control systems.
The Company is one of the leading suppliers of chassis products in
North America, with about 14% of market share.  The Company's main
custoemrs include Ford Motor Company, General Motors, Chrysler,
Audi, Volkswagen, BMW, Fiat and Honda, among other automakers.
Cooper-Standard Automotive employs approximately 16,000 people
globally with more than 70 facilities throughout the world.

Cooper-Standard is a privately held portfolio company of The
Cypress Group and Goldman Sachs Capital Partners Funds.

Cooper-Standard Holdings Inc., together with affiliates, filed for
Chapter 11 on August 4, 2009 (Bankr. D. Del. Case No. 09-12743).
Attorneys at Fried, Frank, Harris, Shriver & Jacobson LLP and
Richards, Layton & Finger, P.A., will serve as bankruptcy counsel
to the Debtors.  Lazard Freres & Co. is serving as investment
banker while Alvarez & Marsal is financial advisor.  Kurtzman
Carson Consultants LLC is notice, claims and solicitation agent.
In its bankruptcy petition, the Company said that assets on a
consolidated basis total $1,733,017,000 while debts total
$1,785,039,000 as of March 31, 2009.

The Company's Canadian subsidiary, Cooper-Standard Automotive
Canada Limited, also sought relief under the Companies' Creditors
Arrangement Act in the Ontario Superior Court of Justice in
Toronto, Ontario, Canada.

Bankruptcy Creditors' Service, Inc., publishes Cooper-Standard
Bankruptcy News.  The newsletter tracks the Chapter 11 and CCAA
proceedings undertaken by Cooper-Standard Holdings Inc. and its
various affiliates.  (http://bankrupt.com/newsstand/or 215/945-


COOPER-STANDARD: CSA OH Reports $2.24 Mil. Net Income for January
------------------------------------------------------------------
            Cooper-Standard Automotive OH, LLC
                 Unaudited Balance Sheet
                 As of January 31, 2010

ASSETS
Current Assets
Cash and cash equivalents                               $1,884
Account receivable, net                             20,304,624
Inventories, net                                     4,883,048
Prepaid expenses                                       301,340
Intercompany receivable                            510,438,910
Others                                                       -
                                                 --------------
Total current assets                               535,929,806

Property, plant and equipment, net                   39,779,224
Goodwill                                                      -
Intangibles, net                                              -
Intercompany investments                                      -
Long-term intercompany receivable                             -
Other assets                                             36,527
                                                 --------------
Total assets                                       $575,745,557
                                                 ==============

LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

Liabilities not subject to compromise:
Current liabilities:
Debt Payable within One Year                                 -
Accounts payable                                     4,777,940
Payroll liabilities                                  2,121,969
Accrued liabilities                                    342,979
Intercompany payable                                         -
                                                 --------------
Total current liabilities                             7,242,888

Long-term debt                                                -
Pension benefits                                              -
Post-retirement benefits other than pensions                  -
Deferred tax liabilities                                      -
Other long-term liabilities                              69,817
Liabilities subject to compromise                       513,457
                                                 --------------
Total liabilities                                     7,826,162

Common stock                                                  -
Intercompany common stock                                     -
Additional paid-in capital                                    -
Intercompany paid-in capital                         18,336,000
Retained Earnings (Accumulated deficit)             549,583,395
Accumulated other comprehensive income (loss)                 -
                                                 --------------
Total stockholders' equity (deficit)                567,919,395
                                                 --------------
Total liabilities and equity (deficit)             $575,745,557
                                                 ==============

           Cooper-Standard Automotive OH, LLC
               Unaudited Income Statement
          For the Period Ended January 31, 2010

Sales                                               $14,021,563
Material                                             5,554,325
Labor                                                2,058,549
Overhead                                             3,558,996
Scrap & Other                                          605,316
                                                 --------------
Cost of products sold                                11,777,186

Gross profit                                          2,244,377

Salary & Benefits                                            -
Supplies/Occupancy                                           -
Travel & Entertainment                                       -
Contract Services                                            -
Other                                                    5,800
Impairment                                                   -
Amortization of intangibles                                  -
Restructuring                                                -
                                                 --------------
Total SG&A Expenses                                       5,800

Operating profit (loss)                               2,238,577

Reorganization Items, net                                     -
Royalty income (loss)                                         -
Otber income (expense)                                      (73)
Equity earnings (losses)                                      -
                                                 --------------
EBIT                                                  2,238,504

Interest income (expense)                                     -
                                                 --------------
Income (loss) before income taxes                     2,238,504

Provision for income tax (benefit)                            -
                                                 --------------
Net income (loss)                                    $2,238,504
                                                 ==============

CS Automotive OH also reported total disbursements of
-$7,933,075 for January 2010.

                       About Cooper-Standard

Cooper-Standard Automotive Inc. -- http://www.cooperstandard.com/
-- headquartered in Novi, Michigan, is a leading global automotive
supplier specializing in the manufacture and marketing of systems
and components for the automotive industry.  Products include body
sealing systems, fluid handling systems and NVH control systems.
The Company is one of the leading suppliers of chassis products in
North America, with about 14% of market share.  The Company's main
custoemrs include Ford Motor Company, General Motors, Chrysler,
Audi, Volkswagen, BMW, Fiat and Honda, among other automakers.
Cooper-Standard Automotive employs approximately 16,000 people
globally with more than 70 facilities throughout the world.

Cooper-Standard is a privately held portfolio company of The
Cypress Group and Goldman Sachs Capital Partners Funds.

Cooper-Standard Holdings Inc., together with affiliates, filed for
Chapter 11 on August 4, 2009 (Bankr. D. Del. Case No. 09-12743).
Attorneys at Fried, Frank, Harris, Shriver & Jacobson LLP and
Richards, Layton & Finger, P.A., will serve as bankruptcy counsel
to the Debtors.  Lazard Freres & Co. is serving as investment
banker while Alvarez & Marsal is financial advisor.  Kurtzman
Carson Consultants LLC is notice, claims and solicitation agent.
In its bankruptcy petition, the Company said that assets on a
consolidated basis total $1,733,017,000 while debts total
$1,785,039,000 as of March 31, 2009.

The Company's Canadian subsidiary, Cooper-Standard Automotive
Canada Limited, also sought relief under the Companies' Creditors
Arrangement Act in the Ontario Superior Court of Justice in
Toronto, Ontario, Canada.

Bankruptcy Creditors' Service, Inc., publishes Cooper-Standard
Bankruptcy News.  The newsletter tracks the Chapter 11 and CCAA
proceedings undertaken by Cooper-Standard Holdings Inc. and its
various affiliates.  (http://bankrupt.com/newsstand/or 215/945-


DECODE GENETICS: Reports $50.3 Million Net Income in January
------------------------------------------------------------
On February 23, 2010, DGI Resolution, Inc., formerly known as
deCODE genetics, Inc., filed a monthly operating report for the
month ended January 31, 2010.

deCode genetics reported reported net income of $50,276,828 for
the month of January 2010.  Results include a gain on sale of
subsidiary of $51,859,357.

At January 31, 2010, deCODE genetics had total assets of $13,390,563,
total liabilities of $237,313,269, and net owner
equity of ($223,922,706).

A full-text copy of deCODE's operating report for the month ended
January 31, 2010, is available at no charge at:

               http://researcharchives.com/t/s?5878

deCODE Genetics Inc. is a global leader in analyzing and
understanding the human genome.  deCODE has identified key
variations in the sequence of the genome conferring increased risk
of major public health challenges from cardiovascular disease to
cancer, and employs its gene discovery engine to develop DNA-based
tests to assess individual risk of common diseases; to license its
tests and intellectual property to partners; and to provide
comprehensive, leading- edge contract services to companies and
research institutions around the globe.  The Company was founded
in 1996 and is headquartered in Reykjavik, Iceland.

deCODE's balance sheet at June 30, 2009, showed total assets of
$69.85 million and total liabilities of $313.92 million,
resulting in a stockholders' deficit of $244.07 million.

The Company filed for Chapter 11 on November 16, 2009 (Bankr. D.
Del. Case No. 09-14063).  The petition listed assets of
$69.9 million against debt of $314 million.  Liabilities
include $230 million on 3.5% senior convertible notes.


FAIRFIELD RESIDENTIAL: Posts $5,899,751 Net Loss in January
-----------------------------------------------------------
Fairfield Residential LLC, et al., filed on February 26, 2010, a
monthly operating report for the month ended January 31, 2010,  with
the U.S. Bankruptcy Court for the District of Delaware.

The Debtors reported a net loss of $5,899,751 on construction
contracts revenue of $1,551,981 for the period.

At January 31, 2010, the Debtors had $353,619,769 in total assets and
$539,505,506 in total liabilities.  The Debtors ended January with
$83,124,957 in cash and cash equivalents and $776,399 in restricted
cash.  Restructuring disbursements totaled $89,594 in January.

A copy of the Debtors' monthly operating report for the period is
available for free at:

        http://bankrupt.com/misc/fairfield.januarymor.pdf

                   About Fairfield Residential

San Diego, California-based Fairfield Residential LLC is a fully
integrated multifamily housing company that through its various
subsidiaries provides a diverse mix of services to a wide range of
investors, joint venture partners and clients.  FFR either
directly or indirectly acts as a general partner or managing
member of, and owns varying stakes in, a number of project level
operating companies.

The Company and its affiliates -- FF Development, Inc., et al. --
filed for Chapter 11 bankruptcy protection on December 13, 2009
(Bankr. D. Delaware Case No. 09-14378).  Daniel J. DeFranceschi,
Esq.; Lee E. Kaufman, Esq.; Paul Noble Heath, Esq.; and Travis A.
McRoberts, Esq., at Richards, Layton & Finger, P.A., assist the
Debtors in their restructuring efforts.  The Official Committee of
Unsecured Creditors is represented by Brett H. Miller, Esq.,
Stefan W. Engelhardt, Esq., and Melissa A. Hager, Esq., at
Morrison & Foerster LLP; and William E. Chipman Jr., Esq., Kerri
K. Mumford, Esq., and Kimberly A. Brown, Esq., at Landis Rath &
Cobb LLP.  Fairfield Residential listed $100,000,001 to
$500,000,000 in assets and more than $1,000,000,000 in
liabilities.  Dow Jones says Fairfield listed assets worth
$958 million and liabilities of nearly $835 million.


FAIRPOINT COMMUNICATIONS: Has $127,673,082 Cash at End of January
-----------------------------------------------------------------
        FairPoint Communications, Inc., and Subsidiaries
          Schedule of Cash Receipts and Disbursements
              For the Period January 1 - 31, 2010

Cash Beginning of the Month                       $113,391,257

Receipts:
Cash                                                89,769,955
Intra-debtor transfers                             206,543,934
                                                --------------
Total Receipts                                     296,313,890

Disbursements:
Employee Expenses                                  (32,699,945)
Restructuring                                       (3,801,241)
Operating Taxes                                     (4,599,057)
Marketing Expenses                                    (837,902)
Insurance                                             (100,203)
Other Expenses                                     (25,450,151)
Capital Expenditures                                (7,927,263)
Intra-debtor transfers                            (206,543,934)
                                                 -------------
Total Disbursements                               (281,959,700)
                                                 -------------
Net Cash Flow                                       14,281,824
                                                 -------------
Cash - End of the month                           $127,673,082
                                                 =============

The Debtors' January 2010 Monthly Operating Report does not
include a balance sheet table and an income statement table.

According to Lisa R. Hood, FairPoint Communications' senior vice
president and corporate controller, the Debtors' financial
results for January 2010 are subject to the completion of the
Debtors' financial statements and the completion of the annual
audit by their independent accounting firm for the year ended
December 31, 2009.

                  About FairPoint Communications

FairPoint Communications, Inc. (NYSE: FRP) --
http://www.fairpoint.com/-- is an industry leading provider of
communications services to communities across the country.
FairPoint owns and operates local exchange companies in 18 states
offering advanced communications with a personal touch, including
local and long distance voice, data, Internet, television and
broadband services.  FairPoint is traded on the New York Stock
Exchange under the symbols FRP and FRP.BC.

Fairpoint and its affiliates filed for Chapter 11 on Oct. 26, 2009
(Bankr. D. Del. Case No. 09-16335).  Rothschild Inc. is acting as
financial advisor for the Company; AlixPartners, LLP as the
restructuring advisor; and Paul, Hastings, Janofsky & Walker LLP
is the Company's counsel.  BMC Group is claims and notice agent.

As of June 30, 2009, Fairpoint reported $3.24 billion in total
assets, $321.41 million in total current liabilities, $2.91
billion in total long-term liabilities, and $1.23 million in total
stockholders' equity.

Bankruptcy Creditors' Service, Inc., publishes Fairpoint
Communications Bankruptcy News.  The newsletter tracks the Chapter
11 proceedings of Fairpoint Communications Inc. and its debtor-
affiliates. (http://bankrupt.com/newsstand/or 215/945-7000)


GENERAL GROWTH: Reports $539,591,000 Loss for December
------------------------------------------------------
                     General Growth Properties, Inc.
                   Consolidated Condensed Balance Sheet
                          As of December 31, 2009

Assets
Investment in real estate:
Land                                            $2,902,580,000
Buildings and equipment                         18,915,748,000
Less accumulated depreciation                   (3,784,278,000)
Developments in progress                           359,559,000
                                               ----------------
    Net property and equipment                   18,393,609,000

Investment in and loans to/from Unconsolidated
Real Estate Affiliates                             384,863,000
Investment property and property held for
development and sale                             1,193,559,000
Investment in controlled non-debtor entities     3,965,039,000
                                               ----------------
    Net investment in real estate                23,937,070,000

Cash and cash equivalents                           594,086,000
Accounts and notes receivable, net                  335,989,000
Goodwill                                            199,664,000
Deferred expenses, net                              231,676,000
Prepaid expenses and other assets                   582,527,000
                                               ----------------
Total assets                                    $25,881,012,000
                                               ================

Liabilities and Equity:
Mortgages, notes and loans payable               $4,679,402,000
Investment in and loans to/from Unconsolidated
Real Estate Affairs                                 33,005,000
Deferred tax liabilities                            910,847,000
Accounts payable and accrued expenses               930,039,000
                                               ----------------
Liabilities not subject to compromise            6,553,293,000
                                               ----------------
Liabilities subject to compromise               17,767,253,000
                                               ----------------
Total liabilities                               24,320,546,000
                                               ----------------

Redeemable noncontrolling interests:
Preferred                                          120,756,000
Common                                              86,077,000
                                               ----------------
Total redeemable noncontrolling interests          206,833,000
                                               ----------------

Equity:
Common stock                                         3,138,000
Additional paid-in capital                        3,729,453,000
Retained earnings (accumulated deficit)         (2,315,888,000)
Accumulated other comprehensive loss                  (425,000)
Less common stock in treasury, at cost             (76,752,000)
                                               ----------------
Total stockholder's equity                       1,339,526,000
Noncontrolling interests in consolidated real
estate affiliates                                   14,107,000
                                               ----------------
Total equity                                     1,353,633,000
                                               ----------------
  Total liabilities and equity                  $25,881,012,000
                                               ================

                    General Growth Properties, Inc.
                   Consolidated Statement of Income
                  For the Month ended December 31, 2009

Revenues:
Minimum rents                                     $143,362,000
Tenant recoveries                                   62,448,000
Overage rents                                       12,271,000
Land sales                                             446,000
Other                                               10,247,000
                                               ----------------
  Total revenues                                    228,774,000
                                               ----------------
Expenses:
Real estate taxes                                   20,106,000
Repairs and maintenance                             24,628,000
Marketing                                            5,089,000
Ground and other rents                               1,508,000
Other property operating costs                      27,124,000
Land sales operations                                1,841,000
Provision for doubtful accounts                      3,204,000
Property management and other costs                  8,712,000
General and administrative                           2,768,000
Provisions for impairment                          721,650,000
Depreciation and amortization                       47,844,000
                                               ----------------
  Total expenses                                    864,474,000
                                               ----------------
Operating income (loss)                            (635,700,000)

Interest (expense) income, net                      (97,160,000)
                                               ----------------
Loss before income taxes, noncontrolling
interests, equity in income of Unconsolidated
Real Estate Affiliates and reorganization
items                                             (732,860,000)
Provision for income taxes                           (6,998,000)
Equity in income of Unconsolidated Real Estate
Affiliates                                         (22,581,000)
Reorganization items                                209,921,000
                                               ----------------
Loss from continuing operations                    (552,518,000)
                                               ----------------
Net loss                                           (552,518,000)
Allocation to noncontrolling interests               12,927,000
                                               ----------------
Net loss attributable to common stockholders      ($539,591,000)
                                               ================

                    About General Growth

Based in Chicago, Illinois, General Growth Properties, Inc. --
http://www.ggp.com/-- is the second-largest U.S. mall owner,
having ownership interest in, or management responsibility for,
more than 200 regional shopping malls in 44 states, as well as
ownership in master planned community developments and commercial
office buildings.  The Company's portfolio totals roughly
200 million square feet of retail space and includes more than
24,000 retail stores nationwide.  General Growth is a self-
administered and self-managed real estate investment trust.  The
Company's common stock is trading in the pink sheets under the
symbol GGWPQ.

General Growth Properties Inc. and its affiliates filed for
Chapter 11 on April 16, 2009 (Bankr. S.D.N.Y., Case No.
09-11977).  Marcia L. Goldstein, Esq., Gary T. Holtzer, Esq.,
Adam P. Strochak, Esq., and Stephen A. Youngman, Esq., at Weil,
Gotshal & Manges LLP, have been tapped as bankruptcy counsel.
Kirkland & Ellis LLP is co-counsel.  Kurtzman Carson Consultants
LLC has been engaged as claims agent.  The Company also hired
AlixPartners LLP as financial advisor and Miller Buckfire Co. LLC,
as investment bankers.  The Debtors disclosed
$29,557,330,000 in assets and $27,293,734,000 in debts as of
December 31, 2008.

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


GENERAL GROWTH: Reports $90,017,000 Loss for January
----------------------------------------------------
                    General Growth Properties, Inc.
                 Consolidated Condensed Balance Sheet
                         As of January 31, 2010

Assets Investment in real estate:
Land                                            $2,902,580,000
Buildings and equipment                         18,914,594,000
Less accumulated depreciation                   (3,823,933,000)
Developments in progress                           362,746,000
                                               ----------------
    Net property and equipment                   18,355,987,000

Investment in and loans to/from Unconsolidated
Real Estate Affiliates                             386,647,000
Investment property and property held for
development and sale                             1,194,529,000
Investment in controlled non-debtor entities     3,973,526,000
                                               ----------------
    Net investment in real estate                23,910,689,000

Cash and cash equivalents                           477,604,000
Accounts and notes receivable, net                  340,180,000
Goodwill                                            199,664,000
Deferred expenses, net                              223,658,000
Prepaid expenses and other assets                   592,185,000
                                               ----------------
  Total assets                                  $25,743,980,000
                                               ================

Liabilities and Equity:
Mortgages, notes and loans payable               10,211,156,000
Investment in and loans to/from Unconsolidated
Real Estate Affairs                                 32,794,000
Deferred tax liabilities                            910,847,000
Accounts payable and accrued expenses               891,957,000
                                               ----------------
Liabilities not subject to compromise           12,046,754,000
                                               ----------------
Liabilities subject to compromise               12,172,327,000
                                               ----------------
Total liabilities                               24,219,081,000
                                               ----------------

Redeemable noncontrolling interests:
Preferred                                          120,756,000
Common                                              67,562,000
                                               ----------------
Total redeemable noncontrolling interests          188,318,000
                                               ----------------

Equity:
Common stock                                         3,188,000
Additional paid-in capital                       3,799,234,000
Retained earnings (accumulated deficit)         (2,390,189,000)
Accumulated other comprehensive loss               (13,120,000)
Less common stock in treasury, at cost             (76,752,000)
                                               ----------------
Total stockholder's equity                        1,322,361,000
Noncontrolling interests in consolidated real
estate affiliates                                   14,220,000
                                               ----------------
Total equity                                     1,336,581,000
                                               ----------------
  Total liabilities and equity                  $25,743,980,000
                                               ================

                   General Growth Properties, Inc.
                   Consolidated Statement of Income
                 For the Month ended January 31, 2010

Revenues:
Minimum rents                                     $140,854,000
Tenant recoveries                                   61,903,000
Overage rents                                        5,868,000
Land sales                                             308,000
Other                                                3,818,000
                                               ----------------
  Total revenues                                    212,751,000
                                               ----------------
Expenses:
Real estate taxes                                   20,316,000
Repairs and maintenance                             15,478,000
Marketing                                            2,035,000
Ground and other rents                                 969,000
Other property operating costs                      25,892,000
Land sales operations                                1,269,000
Provision for doubtful accounts                        123,000
Property management and other costs                  8,937,000
General and administrative                           2,887,000
Provisions for impairment                                    -
Depreciation and amortization                       45,302,000
                                               ----------------
  Total expenses                                    123,208,000
                                               ----------------
Operating income (loss)                              89,543,000
                                               ----------------
Interest (expense) income, net                      (95,162,000)
                                               ----------------
Loss before income taxes, noncontrolling
interests, equity in income of Unconsolidated
Real Estate Affiliates and reorganization
Items                                               (5,619,000)
Benefit (provision) from income taxes                    75,000
Equity in income of Unconsolidated Real Estate
Affiliates                                          12,007,000
Reorganization items                                (97,532,000)
                                               ----------------
Loss from continuing operations                     (91,069,000)
                                               ----------------
Net loss                                            (91,069,000)
Allocation to noncontrolling interests                1,052,000
                                               ----------------
Net loss attributable to common stockholders       ($90,017,000)
                                               ================

                    About General Growth

Based in Chicago, Illinois, General Growth Properties, Inc. --
http://www.ggp.com/-- is the second-largest U.S. mall owner,
having ownership interest in, or management responsibility for,
more than 200 regional shopping malls in 44 states, as well as
ownership in master planned community developments and commercial
office buildings.  The Company's portfolio totals roughly
200 million square feet of retail space and includes more than
24,000 retail stores nationwide.  General Growth is a self-
administered and self-managed real estate investment trust.  The
Company's common stock is trading in the pink sheets under the
symbol GGWPQ.

General Growth Properties Inc. and its affiliates filed for
Chapter 11 on April 16, 2009 (Bankr. S.D.N.Y., Case No.
09-11977).  Marcia L. Goldstein, Esq., Gary T. Holtzer, Esq.,
Adam P. Strochak, Esq., and Stephen A. Youngman, Esq., at Weil,
Gotshal & Manges LLP, have been tapped as bankruptcy counsel.
Kirkland & Ellis LLP is co-counsel.  Kurtzman Carson Consultants
LLC has been engaged as claims agent.  The Company also hired
AlixPartners LLP as financial advisor and Miller Buckfire Co. LLC,
as investment bankers.  The Debtors disclosed
$29,557,330,000 in assets and $27,293,734,000 in debts as of
December 31, 2008.

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


HELLER EHRMAN: Files January 2010 Monthly Operating Report
----------------------------------------------------------
netDockets reports that Heller Ehrman LLP filed its monthly operating
report for January 2010 this week.  netDocket says the report details
changes in the firm's financial status, including changes in assets
and liabilities and the firm's cash flow, during the month of January.
According to netDockets:

     -- The firm's total assets declined by almost $900,000 during
        January.  Heller Ehrman ended January with roughly
        $87.1 million in total assets, which represents a
        significant decrease from the reported assets of
        $131.7 million at the bankruptcy filing.  Despite the
        decrease in total assets during January, current assets
        increased slightly to $62.8 million.

     -- Heller ended January with $9.5 million in unrestricted
        cash, $1.8 million in restricted cash, and $48.2 million
        in accounts receivable.

     -- Accounts receivable decreased during January to
        $48.22 million from $48.88 million.

     -- The firm's total reported liabilities were nearly
        unchanged during January, increasing only slightly from
        $43.49 million to $43.54 million.  Reported liabilities
        have increased by roughly $2.5 million since the
        bankruptcy filing.  Of the reported liabilities, roughly
        $582,000 are post-petition liabilities.

     -- The firm's $43 million in acknowledged prepetition
        liabilities are comprised of (a) $1.48 million in secured
        claims, (b) $5.62 million in unsecured priority claims,
        and (c) $35.9 million in general unsecured claims.

     -- Heller Ehrman incurred slightly less than $1 million in
        expenses during January, which includes $271,000 in
        reorganization expenses.  The firm has incurred roughly
        $5.5 million in net reorganization expenses (which factors
        in a $422,000 gain on the sale of equipment) during the
        bankruptcy case.

Headquartered in San Francisco, California, Heller Ehrman, LLP LP
-- http://www.hewm.com/-- was an international law firm of more
than 730 attorneys in 15 offices in the United States, Europe, and
Asia.  The firm filed a voluntary petition under Chapter 11 of the
Bankruptcy Code on December 28, 2008 (Bankr. N.D. Calif., Case No.
08-32514).  Members of the firm's dissolution committee led by
Peter J. Benvenutti approved a plan dated September 26, 2008, to
dissolve the firm.

The Hon. Dennis Montali presides over the case.  John D. Fiero,
Esq., and Miriam Khatiblou, Esq., at Pachulski, Stang, Ziehl,
Young and Jones, represent the Debtors as counsel.  Thomas A.
Willoughby, Esq., at Felderstein Fitzgerald Willoughby & Pascuzzi
LLP, represents the official committee of unsecured creditors of
the Debtor.  The firm listed assets and debts between $50 million
and $100 million each in its bankruptcy petition.  According to
reports, the firm still has roughly $63 million in assets and 54
employees at the time of its filing.


LANDAMERICA FIN'L: Nov. Net Loss at $723MM Due to Impairment
------------------------------------------------------------
                LandAmerica Financial Group, Inc.
                          Balance Sheet
                     As of December 7, 2009

ASSETS

  Cash                                            $100,988,000
  Restricted Cash                                            0
  Notes:
     Fidelity National Title                        51,118,000
     Other                                           1,000,000

  Fidelity National Title Stock                     21,371,000

  Taxes receivable                                  21,319,000
  Property and equipment                             1,683,000
  Title Plans                                                0
  Other assets                                      11,227,000
  Investments in subsidiaries and
     consolidated joint ventures                     3,000,000
  Intercompany receivable                          220,237,000
                                               ---------------
     Total Assets                                 $431,943,000
                                               ===============

LIABILITIES

  Accounts payable and accrued liabilities         $16,048,000
  Liabilities subject to compromise                477,557,000
                                               ---------------
     Total Liabilities                             493,605,000
     Total Shareholders' Equity                    (61,662,000)
                                               ---------------
     Total Liabilities and Shareholders' Equity   $431,943,000
                                               ===============

                LandAmerica Financial Group, Inc.
                     Statement of Operations
          For the Period Nov. 1 through Dec. 7, 2009

Revenue:
  Investment and other income                         $227,000
  Valuation adjustment related to
     Fidelity National Title Stock                     492,000
                                               ---------------
     Total Revenue                                    $719,000
                                               ===============

Expenses
  General, administrative and other expenses        13,990,000
  Professional fees                                  4,163,000
  Impairment of assets                             671,371,000
  Depreciation and amortization                         96,000
  Interest Expense                                           0
  Loss (Gain) on disposal of subsidiaries           34,778,000
                                               ---------------
     Total Expenses                                724,397,000
                                               ---------------
     Net Loss before income taxes                 (723,678,000)

  Income tax benefit                                        0
                                               ---------------
     Net Loss                                    ($723,678,000)
                                               ===============

                LandAmerica Financial Group, Inc.
          Schedule of Cash Receipts and Disbursements
          For the Period Nov. 1 through Dec. 7, 2009

Operating Cash and Cash Equivalents

Held for the benefit:
  LandAmerica Financial Group, Inc.                $91,537,000
  Underwriters                                               0
  Retained Subsidiaries                                      0
                                               ---------------
     Opening Cash                                   91,537,000
                                               ---------------

Cash Receipts

  Collection received for the benefit of:
     Underwriters                                            0
     Retained subsidiaries                              18,000

  Payment reimbursements by:
     Underwriters                                            0
     Retained Subsidiaries                           6,331,000

  Proceeds from sale of the
  Underwriting business;
     LandAmerica Financial Group, Inc.                       0
     Retained Subsidiaries                                   0

  Proceeds from LandAmerica Valuation Corp.                  0
  Proceeds from LoanCare, net                                0
  Proceeds from RealEC                                       0
  Proceeds from FNF Settlement                               0
  Proceeds from sale of FNF Stock                            0
  Proceeds from sale of Home Warranty                8,950,000
  Other Receipts                                     1,628,000
                                               ---------------
     Total Receipts                                 16,928,000
                                               ---------------

Cash Disbursement

  Related to LFG
     Payroll                                           439,000
     Rent & other occupancy costs                       15,000
     Insurance                                               0
     Leases                                            511,000
     Information Technology                            325,000
     Payables                                           97,000
     Bankruptcy Professional Fees                    6,278,000
     Return of Funds - Underwriters                          0
     Cash Balance Plan Funding                      15,000,000
     Others                                        (15,522,000)
                                               ---------------
     Total                                           7,142,000
                                               ---------------
  Payments made for the benefit of:
     Underwriters                                        1,000
     Retained subsidiaries                             334,000
                                               ---------------
     Total Disbursements                             7,477,000

Net Cash Flow                                        9,451,000
                                               ---------------
Ending Cash and Cash Equivalents                  $100,988,000
                                               ===============

Ending Cash and Cash Equivalents

  Held for the benefit:
     LFG                                          $100,988,000
     Underwriters                                            0
     Retained subsidiaries                                   0
                                               ---------------
     Total                                        $100,988,000
                                               ===============

                    About LandAmerica Financial

LandAmerica Financial Group, Inc., provides real estate
transaction services with offices nationwide and a vast network of
active agents.  LandAmerica and its affiliates operate through
approximately 700 offices and a network of more than 10,000 active
agents throughout the world, including Mexico, Canada, the
Caribbean, Latin America, Europe, and Asia.

LandAmerica Financial Group and its affiliate LandAmerica 1031
Exchange Services, Inc. filed for Chapter 11 protection Nov. 26,
2008 (Bankr. E.D. Va. Lead Case No. 08-35994).  Attorneys at
Willkie Farr & Gallagher LLP and McGuireWoods LLP serve as co-
counsel.  Zolfo Cooper is the restructuring advisor.  Epiq
Bankruptcy Solutions serves as claims and notice agent.

Attorneys at Akin Gump Strauss Hauer & Feld LLP and Tavenner &
Beran, PLC, serve as counsel to the Creditors Committee of 1031
Exchange.  Bingham McCutchen LLP and LeClair Ryan serve as counsel
to the Creditors Committee of LFG.

In its bankruptcy petition, LFG listed total assets of
$3,325,100,000, and total debts of $2,839,800,000 as of Sept. 30,
2008.

On March 6, 2009, affiliate LandAmerica Assessment Corporation,
aka National Assessment Corporation, filed its own petition for
Chapter 11 relief.  Affiliate LandAmerica Title Company filed for
for Chapter 11 relief on March 27, 2009.   LandAmerica Credit
Services, Inc., filed for Chapter 11 in July 2009.

Bankruptcy Creditors' Service, Inc., publishes LandAmerica
Bankruptcy News.  The newsletter tracks the Chapter 11 proceeding
undertaken by LandAmerica Financial and its affiliate LandAmerica
1031 Exchange Services, Inc. (http://bankrupt.com/newsstand/or
215/945-7000)


LEHMAN BROTHERS: Has $17.55 Bil. Cash at End of January
-------------------------------------------------------
Lehman Brothers Holdings Inc. and its affiliated debtors
disclosed these cash receipts and disbursements for the month
ended January 31, 2010:

Beginning Cash & Investments (01/01/10)  $17,154,000,000
Receipts                                    625,000,000
Disbursements                              (383,000,000)
FX Fluctuation                              (14,000,000)
                                         ---------------
Ending cash & Investments (01/31/10)    $17,554,000,000

LBHI reported $3.026 billion in cash as of January 1, 2010, and
$2.927 billion in cash as of January 31, 2010.

The monthly operating report also showed that from September 15,
2008 to January 31, 2010, a total of $641,948,000 had been paid
to professionals, including ordinary course professionals,
retained by the Debtors, the Official Committee of Unsecured
Creditors, the Chapter 11 examiner and the Fee Examiner.  Of the
amount, Alvarez & Marsal LLC, the Debtors' turnaround manager,
raked in $232,981,000, while Weil Gotshal & Manges LLP, the
Debtors' lead bankruptcy counsel, got $149,502,000.

A full-text copy of the January 2010 Operating Report is
available for free at:

        http://bankrupt.com/misc/LehmanMORJanuary2010.pdf

                      About Lehman Brothers

Lehman Brothers Holdings Inc. -- http://www.lehman.com/-- was the
fourth largest investment bank in the United States.  For more
than 150 years, Lehman Brothers has been a leader in the global
financial markets by serving the financial needs of corporations,
governmental units, institutional clients and individuals
worldwide.

Lehman Brothers filed for Chapter 11 bankruptcy September 15, 2008
(Bankr. S.D.N.Y. Case No. 08-13555).  Lehman's bankruptcy petition
listed US$639 billion in assets and US$613 billion in debts,
effectively making the firm's bankruptcy filing the largest in
U.S. history.  Several other affiliates followed thereafter.

The Debtors' bankruptcy cases are handled by Judge James M. Peck.
Harvey R. Miller, Esq., Richard P. Krasnow, Esq., Lori R. Fife,
Esq., Shai Y. Waisman, Esq., and Jacqueline Marcus, Esq., at Weil,
Gotshal & Manges, LLP, in New York, represent Lehman.  Epiq
Bankruptcy Solutions serves as claims and noticing agent.

On September 19, 2008, the Honorable Gerard E. Lynch, Judge of the
U.S. District Court for the Southern District of New York, entered
an order commencing liquidation of Lehman Brothers, Inc., pursuant
to the provisions of the Securities Investor Protection Act (Case
No. 08-CIV-8119 (GEL)).  James W. Giddens has been appointed as
trustee for the SIPA liquidation of the business of LBI

The Bankruptcy Court has approved Barclays Bank Plc's purchase of
Lehman Brothers' North American investment banking and capital
markets operations and supporting infrastructure for
US$1.75 billion.  Nomura Holdings Inc., the largest brokerage
house in Japan, purchased LBHI's operations in Europe for US$2
plus the retention of most of employees.  Nomura also
bought Lehman's operations in the Asia Pacific for US$225 million.

               International Operations Collapse

Lehman Brothers International (Europe), the principal UK trading
company in the Lehman group, was placed into administration,
together with Lehman Brothers Ltd, LB Holdings PLC and LB UK RE
Holdings Ltd.  Tony Lomas, Steven Pearson, Dan Schwarzmann and
Mike Jervis, partners at PricewaterhouseCoopers LLP, have been
appointed as joint administrators to Lehman Brothers International
(Europe) on September 15, 2008.  The joint administrators have
been appointed to wind down the business.

Lehman Brothers Japan Inc. and Lehman Brothers Holdings Japan Inc.
filed for bankruptcy in the Tokyo District Court on September 16.
Lehman Brothers Japan Inc. reported about JPY3.4 trillion
(US$33 billion) in liabilities in its petition.

Bankruptcy Creditors' Service, Inc., publishes Lehman Brothers
Bankruptcy News.  The newsletter tracks the Chapter 11 proceeding
undertaken by Lehman Brothers Holdings, Inc., and other insolvency
and bankruptcy proceedings undertaken by its affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


NEWPOWER HOLDINGS: Files Monthly Operating Report for January
-------------------------------------------------------------
NewPower Holdings, Inc., filed its monthly operating report for
the period December 31, 2009, to January 31, 2010, with the
Bankruptcy Court on March 9, 2010.

The Debtor had an opening cash balance of $574 and an ending cash
balance of $561.

A full-text copy of the Debtor's January 2010 operating report
is available for free at http://researcharchives.com/t/s?587a

NewPower Holdings Inc. (Pink Sheets: NWPWQ) and its debtor-
affiliates filed for Chapter 11 protection on June 11, 2002
(Bankr. N.D. Ga. 02-10836).  Paul K. Ferdinands, Esq., at King &
Spalding, and William M. Goldman, Esq., at Sidley Austin Brown &
Wood LLP, represent the Debtors as counsel.  When the Debtors
filed for protection from their creditors, they reported
$231,837,000 in assets and $87,936,000 in debts.

On August 15, 2003, the U.S. Bankruptcy Court for the Northern
District of Georgia, Newnan Division, confirmed the Second Amended
Chapter 11 Plan with respect to NewPower Holdings, Inc., and TNPC
Holdings, Inc., a wholly owned subsidiary of the Company.  That
Plan became effective on October 9, 2003, with respect to the
company and TNPC.

On February 28, 2003, the Bankruptcy Court confirmed The New
Power Company's Plan, and that Plan has been effective as of
March 11, 2003, with respect to New Power.  The New Power Company
is a wholly owned subsidiary of the company.


PROTOSTAR LTD: Posts $3.3 Million Net Loss in January
-----------------------------------------------------
ProtoStar Ltd. reported a net loss of $3.3 million for the month
of January 2010.  Interest expense was approximately
$3.5 million.

At January 31, 2009, ProtoStar Ltd. had total assets of
$353.0 million, total liabilities of $312.9 million, and net owner
equity of $40.1 million.

A full-text copy of the January report is available at no charge
at http://bankrupt.com/misc/protostarltd.januarymor.pdf

                        About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659).  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  The Debtors have tapped UBS Securities
LLC as investment banker and financial advisor.

Also on July 29, 2009, ProtoStar and its affiliates, including
ProtoStar Development Ltd., commenced a coordinated proceeding in
the Supreme Court of Bermuda.  John C. McKenna of Finance & Risk
Services Ltd. as liquidator of the Bermuda Group.

In their Chapter 11 petition, the Debtors listed between
US$100 million and US$500 million each in assets and debts.  As of
December 31, 2008, ProtoStar's consolidated financial statements,
which include non-debtor affiliates, showed total assets of
US$463,000,000 against debts of US$528,000,000.


PROTOSTAR LTD: ProtoStar I Posts $3.9 Million Net Loss in January
-----------------------------------------------------------------
ProtoStar I Ltd. had unrestricted cash and cash equivalents of $2.2
million at January 31, 2010.  Beginning cash was
$2.8 million.

ProtoStar I reported a net loss of $3.9 million for the month of
January.  Interest expense totaled $3.9 million.  Intercompany
expenses totaled $135,695.

At January 31, 2010, ProtoStar I had total assets of
$215.8 million and total liabilities of $262.8 million.

A full-text copy of the January operating report is available at
no charge at http://bankrupt.com/misc/protostarI.januarymor.pdf

                        About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659).  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  The Debtors have tapped UBS Securities
LLC as investment banker and financial advisor.

Also on July 29, 2009, ProtoStar and its affiliates, including
ProtoStar Development Ltd., commenced a coordinated proceeding in
the Supreme Court of Bermuda.  John C. McKenna of Finance & Risk
Services Ltd. as liquidator of the Bermuda Group.

In their Chapter 11 petition, the Debtors listed between
US$100 million and US$500 million each in assets and debts.  As of
December 31, 2008, ProtoStar's consolidated financial statements,
which include non-debtor affiliates, showed total assets of
US$463,000,000 against debts of US$528,000,000.


PROTOSTAR LTD: ProtoStar II Posts $616,537 Net Loss in January
--------------------------------------------------------------
ProtoStar II Ltd. had cash and cash equivalents of $41.6 million at
January 31, 2010.  Beginning cash was $37.8 million.

ProtoStar II reported a net loss of $616,537 on net revenue of
$1.8 million for the month of January.  Interest expense totaled
$108,351.  Other expense, consisting of intercompany expenses,
totaled $404,991.

At January 31, 2009, ProtoStar II had total assets of
$312.0 million and total liabilities of $237.3 million.

A full-text copy of the January operating report is available at
no charge at http://bankrupt.com/misc/protostarII.januarymor.pdf

                        About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659).  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  The Debtors have tapped UBS Securities
LLC as investment banker and financial advisor.

Also on July 29, 2009, ProtoStar and its affiliates, including
ProtoStar Development Ltd., commenced a coordinated proceeding in
the Supreme Court of Bermuda.  John C. McKenna of Finance & Risk
Services Ltd. as liquidator of the Bermuda Group.

In their Chapter 11 petition, the Debtors listed between
US$100 million and US$500 million each in assets and debts.  As of
December 31, 2008, ProtoStar's consolidated financial statements,
which include non-debtor affiliates, showed total assets of
US$463,000,000 against debts of US$528,000,000.


PROTOSTAR LTD: ProtoStar Asia Posts $65,421 Net Loss in January
---------------------------------------------------------------
ProtoStar Asia Pte. Ltd. reported a net loss of $65,421 in January.

At January 31, 2010, the Company had $2,793,783 in total assets and
$3,574,781 in total liabilities.

A full-text copy of the January operating report is available at no
charge at http://bankrupt.com/misc/protostarasia.januarymor.pdf

                        About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659).  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  The Debtors have tapped UBS Securities
LLC as investment banker and financial advisor.

Also on July 29, 2009, ProtoStar and its affiliates, including
ProtoStar Development Ltd., commenced a coordinated proceeding in
the Supreme Court of Bermuda.  John C. McKenna of Finance & Risk
Services Ltd. as liquidator of the Bermuda Group.

In their Chapter 11 petition, the Debtors listed between
US$100 million and US$500 million each in assets and debts.  As of
December 31, 2008, ProtoStar's consolidated financial statements,
which include non-debtor affiliates, showed total assets of
US$463,000,000 against debts of US$528,000,000.


PROTOSTAR LTD: ProtoStar Dev't Files January Operating Report
-------------------------------------------------------------
At January 31, 2010, ProtoStar Development Ltd. had $820,492 in total
assets and $940,224 in total liabilities.  ProtoStar Development
generated zero income and zero revenue in January.

A full-text copy of the January operating report is available at no charge at:

   http://bankrupt.com/misc/protostardevelopment.januarymor.pdf

                        About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659).  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  The Debtors have tapped UBS Securities
LLC as investment banker and financial advisor.

Also on July 29, 2009, ProtoStar and its affiliates, including
ProtoStar Development Ltd., commenced a coordinated proceeding in
the Supreme Court of Bermuda.  John C. McKenna of Finance & Risk
Services Ltd. as liquidator of the Bermuda Group.

In their Chapter 11 petition, the Debtors listed between
US$100 million and US$500 million each in assets and debts.  As of
December 31, 2008, ProtoStar's consolidated financial statements,
which include non-debtor affiliates, showed total assets of
US$463,000,000 against debts of US$528,000,000.


PROTOSTAR LTD: ProtoStar Satellite Earns $13,559 in January
-----------------------------------------------------------
ProtoStar Satellite Systems, Inc. reported net income of $13,559 for
the month of January 2010.  Net income in January includes
intercompany income of $296,390.

At January 31, 2010, the Company had $16.9 million in total assets,
$15.9 million in total liabilities, and $1.0 million in net owner
equity.

A full-text copy of the January operating report is available at no charge at:

    http://bankrupt.com/misc/protostarsatellite.januarymor.pdf

                        About ProtoStar Ltd.

Hamilton, HM EX, Bermuda-based ProtoStar Ltd. is a satellite
operator formed in 2005 to acquire, modify, launch and operate
high-power geostationary communication satellites for direct-to-
home satellite television and broadband internet access across the
Asia-Pacific region.

The Company and its affiliates filed for Chapter 11 on July 29,
2009 (Bankr. D. Del. Lead Case No. 09-12659).  The Debtor selected
Pachulski Stang Ziehl & Jones LLP as Delaware counsel; Law Firm of
Appleby as their Bermuda counsel; UBS Securities LLC as financial
advisor & investment banker and Kurtzman Carson Consultants LLC as
claims and noticing agent.  The Debtors have tapped UBS Securities
LLC as investment banker and financial advisor.

Also on July 29, 2009, ProtoStar and its affiliates, including
ProtoStar Development Ltd., commenced a coordinated proceeding in
the Supreme Court of Bermuda.  John C. McKenna of Finance & Risk
Services Ltd. as liquidator of the Bermuda Group.

In their Chapter 11 petition, the Debtors listed between
US$100 million and US$500 million each in assets and debts.  As of
December 31, 2008, ProtoStar's consolidated financial statements,
which include non-debtor affiliates, showed total assets of
US$463,000,000 against debts of US$528,000,000.


TOUSA INC: Reports $8,309,885 Net Loss for January
--------------------------------------------------
                  TOUSA, INC., and Subsidiaries
                    Consolidated Balance Sheet
                      As of January 31, 2010

                             ASSETS

Cash and Cash Equivalents:
  Cash in bank                                    $409,673,057
  Cash equivalents (due from title company
     from closings)                                    229,478

Inventory:
  Deposits                                          10,854,202
  Land                                             135,636,430
  Residences completed and under construction       72,302,776
  Inventory not owned                                        -
                                               ---------------
                                                   218,793,408

Property and equipment, net                          2,654,635
Investments in unconsolidated joint ventures         2,085,668
Receivables from unconsolidated joint ventures               -
Accounts receivable                                 15,111,289
Other assets                                        36,230,677
Goodwill                                                     -
                                               ---------------
                                                   684,778,212

Net Assets of Financial Services                     5,584,517
                                               ---------------
Total Assets                                      $690,362,729
                                               ===============

               LIABILITIES & STOCKHOLDERS' EQUITY

Accounts payable and other liabilities            $290,936,154
Customer deposits                                    3,159,004
Obligations for inventory not owned                          -
Notes payable                                    1,615,378,129
Bank borrowings                                    194,413,120
                                               ---------------
Total Liabilities                                2,103,886,407

Stockholders' Equity:
  Preferred stock                                   26,163,734
  Common stock                                         596,042
  Additional paid in capital                       551,877,826
  Retained earnings                             (1,992,161,280)
                                               ---------------
Total Stockholders' Equity                      (1,413,523,678)
                                               ---------------
Total liabilities and Stockholders' Equity        $690,362,729
                                               ===============

                  TOUSA, INC., and Subsidiaries
              Consolidated Statement of Operations
               For the Period January 1 to 31, 2010

Revenues:
  Home sales                                        $2,563,613
  Land sales                                         2,780,012
                                               ---------------
                                                     5,343,625

Cost of Sales:
  Home sales                                         1,913,676
  Land sales                                         5,763,787
                                               ---------------
                                                     7,677,463
                                               ---------------
Gross Profit                                        (2,333,838)

Total selling, general and admin expenses            3,952,059
Income (loss) from joint ventures, net                       -
Interest expense, net                                1,932,708
Other (income) expense, net                            (44,296)
                                               ---------------
Homebuilding pretax income (loss)                   (8,174,309)

Equity in Financial services pretax income (loss)     (135,576)

Income (loss) before income taxes                   (8,309,885)
Provision (benefit) for income taxes                         -
                                               ---------------
Net Income (loss)                                  ($8,309,885)
                                               ===============

                  TOUSA, INC. and Subsidiaries
       Consolidated Schedule of Receipts and Disbursements
               For the Period January 1 to 31, 2010

Funds at beginning of period                      $313,217,367

RECEIPTS
  Cash sales                                         4,856,229
  Accounts receivable                                  314,418
  Other receipts                                    98,659,038
                                               ---------------
Total receipts                                     103,829,685
                                               ---------------
Total funds available for operations               417,047,052

DISBURSEMENTS
  Advertising                                           11,335
  Bank charges                                             100
  Contract labor                                        65,185
  Fixed asset payments                                       -
  Insurance                                                  -
  Inventory payments                                   896,281
  Leases                                                 7,324
  Manufacturing supplies                                     -
  Office supplies                                       62,496
  Payroll - net                                      1,340,212
  Professional fees (accounting and legal)           1,694,628
  Rent                                                 232,247
  Repairs & maintenance                                 33,564
  Secured creditor payments                          2,196,216
  Taxes paid - payroll                                  50,620
  Taxes paid - sales & use                              20,549
  Taxes paid - other                                   593,790
  Telephone                                             15,330
  Travel & entertainment                                21,197
  U.S. Trustee quarterly fees                                -
  Utilities                                             10,930
  Vehicle expenses                                       1,296
  Other operating expenses                             120,695
                                               ---------------
Total disbursements                                  7,373,995
                                               ---------------
Ending Balance                                    $409,673,057
                                               ===============

                        About Tousa Inc.

Headquartered in Hollywood, Florida, TOUSA Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic U.S.A.
Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark Homes L.P.,
TOUSA Homes Inc. and Newmark Homes Corp. is a leading homebuilder
in the United States, operating in various metropolitan markets in
10 states located in four major geographic regions: Florida, the
Mid-Atlantic, Texas, and the West.

The Debtor and its debtor-affiliates filed for separate Chapter 11
protection on January 29, 2008 (Bankr. S.D. Fla. Case No. 08-
10928).  The Debtors have selected M. Natasha Labovitz, Esq.,
Brian S. Lennon, Esq., Richard M. Cieri, Esq., and Paul M. Basta,
Esq., at Kirkland & Ellis LLP; and Paul Steven Singerman, Esq., at
Berger Singerman, to represent them in their restructuring
efforts.  Lazard Freres & Co. LLC is the Debtors' investment
banker.  Ernst & Young LLP is the Debtors' independent auditor and
tax services provider.  Kurtzman Carson Consultants LLC acts as
the Debtors' Notice, Claims & Balloting Agent.

TOUSA's direct subsidiary, Beacon Hill at Mountain's Edge LLC dba
Eagle Homes, filed for Chapter 11 Protection on July 30, 2008
(Bankr. S.D. Fla. Case No. 08-20746).  It listed assets between
$1 million and $10 million, and debts between $1 million and
$10 million.


TRIBUNE CO: Reports $5,448,000 Net Loss for January
---------------------------------------------------
                     Tribune Company, et al.
                 Condensed Combined Balance Sheet
                     As of January 31, 2010

ASSETS
Current Assets:
  Cash and cash equivalents                       $734,968,000
  Accounts receivable, net                          72,441,000
  Inventories                                       24,880,000
  Broadcast rights                                 186,155,000
  Prepaid expenses and other                       208,191,000
                                                --------------
Total current assets                             1,226,635,000

Property, plant and equipment, net               1,017,337,000

Other Assets:
  Broadcast rights                                 117,423,000
  Goodwill & other intangible assets               803,006,000
  Prepaid pension costs                              1,739,000
  Investments in non-debtor units                1,515,179,000
  Other investments                                 36,683,000
  Intercompany receivables from non-debtors      3,594,822,000
  Restricted cash                                  715,567,000
  Other                                             85,002,000
                                                --------------
Total Assets                                    $9,113,393,000
                                                ==============
LIABILITIES & SHAREHOLDERS' EQUITY

Current Liabilities:
  Current portion of broadcast rights              $64,162,000
  Current portion of long-term debt                  6,184,000
  Accounts payable, accrued expenses, and other    450,036,000
                                                --------------
Total current liabilities                          520,382,000

Pension obligations                                188,771,000
Long-term broadcast rights                          58,362,000
Long-term debt                                       8,473,000
Other obligations                                  214,312,000
                                                --------------
Total Liabilities                                  990,300,000

Liabilities Subject to Compromise:
  Intercompany payables to non-debtors           3,459,117,000
  Obligations to third parties                  13,297,503,000
                                                --------------
Total Liabilities Subject to Compromise         16,756,620,000

Shareholders' Equity (Deficit)                  (8,633,527,000)
                                                --------------
Total Liabilities & Shareholders'
  Equity (Deficit)                              $9,113,393,000
                                                ==============

                     Tribune Company, et al.
            Condensed Combined Statement of Operations
          For the Period Dec. 28, 2009 to Jan. 31, 2010

Total Revenue                                     $267,259,000

Operating Expenses:
  Cost of sales                                    150,828,000
  Selling, general and administrative               81,938,000
  Depreciation                                      16,527,000
  Amortization of intangible assets                  1,344,000
                                                --------------
Total operating expenses                           250,637,000
                                                --------------
Operating Profit (Loss)                             16,622,000
                                                --------------
Net income on equity investments                       172,000
Interest income, net                                   (57,000)
Management fee                                      (1,272,000)
Non-operating loss, net                             (4,291,000)
                                                --------------
Income (loss) before income taxes & Reorg. Costs    11,174,000
Reorganization costs                                (5,650,000)
                                                --------------
Income (loss) before income taxes                    5,524,000
Income taxes                                           (76,000)
                                                --------------
Income (loss) from continuing operations             5,448,000
Income from discontinued operations, net of tax              0
                                                --------------
Net Income (Loss)                                   $5,448,000
                                                ==============

                    Tribune Company, et al.
            Combined Schedule of Operating Cash Flow
         For the Period Dec. 28, 2009 to Jan. 31, 2010

Beginning Cash Balance                          $1,383,325,000

Cash Receipts:
  Operating receipts                               310,892,000
  Other                                              1,081,000
                                                --------------
Total Cash Receipts                                311,973,000

Cash Disbursements
  Compensation and benefits                        101,467,000
  General disbursements                            173,270,000
  Reorganization related disbursements                 926,000
                                                --------------
Total Disbursements                                275,662,000
                                                --------------
Debtors' Net Cash Flow                              36,311,000

From/(To) Non-Debtors                                3,193,000
                                                --------------
Net Cash Flow                                       39,504,000
Other                                                1,727,000
                                                --------------
Ending Available Cash Balance                   $1,424,555,000
                                                ==============

                        About Tribune Co.

Headquartered in Chicago, Illinois, Tribune Co. --
http://www.tribune.com/-- is a media company, operating
businesses in publishing, interactive and broadcasting, including
ten daily newspapers and commuter tabloids, 23 television
stations, WGN America, WGN-AM and the Chicago Cubs baseball team.

The Company and 110 of its affiliates filed for Chapter 11
protection on Dec. 8, 2008 (Bankr. D. Del. Lead Case No. 08-
13141).  The Debtors proposed Sidley Austion LLP as their counsel;
Cole, Schotz, Meisel, Forman & Leonard, PA, as Delaware counsel;
Lazard Ltd. and Alvarez & Marsal North Americal LLC as financial
advisors; and Epiq Bankruptcy Solutions LLC as claims agent.  As
of Dec. 8, 2008, the Debtors have $7,604,195,000 in total assets
and $12,972,541,148 in total debts.

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


VALUE CITY: Posts $147,000 Net Loss in January
----------------------------------------------
On March 1, 2010, Value City Holdings, Inc., et al., filed a
monthly operating report for the period from January 3, 2010, through
January 30, 2010, with the U.S. Bankruptcy Court for the
Southern District of New York.

Value City Holdings, Inc., et al., reported a net loss of $147,000 for
the period.

At January 30, 2010, the Debtors had $21,041,000 in total assets
and $108,619,000 in total liabilities.

The Debtors ended the period with $13,252,000 in cash, compared to
$13,150,000 at the beginning of the period.  For the period, payments
to professionals amounted to $8,883.79

A full-text copy of the Debtors' monthly operating report for the
period ended January 30, 2010, is available for free at:

        http://bankrupt.com/misc/valuecity.januarymor.pdf

                         About Value City

Headquartered in Columbus, Ohio, Value City Holdings Inc. --
http://www.valuecity.com/-- operates a chain of department stores
in the United States.  The company and eight of its affiliates
filed for Chapter 11 protection on Oct. 26, 2008 (Bankr. S.D.N.Y.
Lead Case No. 08-14197).  John Longmire, Esq., and Lauren C.
Cohen, Esq., at Willkie Farr & Gallagher LLP, represent the
Debtors' in their restructuring efforts.  Epiq Bankruptcy
Solutions LLC is the claims, noticing and balloting agent for the
Debtors.  Glenn R. Rice, Esq., at Otterbourg Steindler Houston &
Rosen, PC, represents the official committee of unsecured
creditors as counsel.  When the Debtors filed for protection from
their creditors, they listed assets and debts between $100 million
and $500 million each.

In November 2008, Judge James M. Peck of the U.S. Bankruptcy Court
for the Southern District of New York granted Value City Holdings
permission to conduct going-out-of-business sales to be managed by
liquidator and financial consultant Tiger Capital Group LLC.


VISTEON CORP: Incurs $48,082,000 Net Loss for January
-----------------------------------------------------
                       Visteon Corporation
                          Balance Sheet
                      As of January 31, 2010

ASSETS
Current Assets:
  Cash and cash equivalents                       $323,426,000
  Restricted cash                                   93,789,000
  Accounts receivable, net                       4,326,270,000
  Inventories, net                                  28,653,000
  Other current assets                              51,850,000
                                               ---------------
Total current assets                             4,823,988,000

Property and equipment, net                        115,282,000
Other non-current assets                         1,360,291,000
                                               ---------------
Total Assets                                    $6,299,562,000
                                               ===============

LIABILITIES & SHAREHOLDERS' DEFICIT
Short-term debt, including current portion
of long-term debt                             $10,965,150,000
Accounts payable                                 1,197,056,000
Accrued employee liabilities                        27,701,000
Other current liabilities                           56,395,000
                                               ---------------
Total current liabilities                       12,246,302,000

Liabilities subject to compromise                2,834,690,000

Long-term debt                                         515,000
Postretirement benefits other than pensions                  0
Employee benefits, including pensions              285,526,000
Deferred income taxes                               92,194,000
Other non-current liabilities                      187,991,000
                                               ---------------
Total liabilities                               15,647,219,000

Shareholders' deficit
Visteon Corporation Shareholders' deficit
Preferred stock                                             0
Common stock                                      131,053,000
Stock warrants                                    127,024,000
Additional paid-in capital                      2,226,477,000
Retained earnings (deficit)                   (11,384,219,000)
Accumulated other comprehensive income(loss)     (310,620,000)
Other                                              (4,402,000)
                                               ---------------
Total Debtor shareholders' equity (deficit)     (9,214,687,000)
Non-controlling interests                         (132,970,000)
                                               ---------------
Total shareholders' equity (deficit)            (9,347,657,000)
                                               ---------------
Total Liabilities and shareholders' equity      $6,299,562,000
                                               ===============

                       Visteon Corporation
                    Statement of Operations
             For the Period Ended January 31, 2010

Net sales
Accounts receivable, net                          $32,399,000
Services                                           20,331,000
                                               ---------------
                                                    52,730,000
Cost of Sales
Products
  Materials                                         19,678,000
  Labor and overhead                                11,346,000
  Product engineering                               19,144,000
  Freight and duty                                   1,350,000
  Manufacturing spending                               590,000
  Warranty and recall                                   72,000
  Other                                              7,646,000
Services                                           19,662,000
                                               ---------------
                                                    79,487,000
                                               ---------------
Gross margin                                       (26,757,000)

Selling, general and administrative expenses
Personnel                                           7,413,000
Depreciation                                        2,288,000
Other                                                 895,000
                                               ---------------
                                                    10,596,000

Restructuring expenses                                 675,000
Reimbursement from Escrow Account                            0
Reorganization costs                                 6,669,000
Asset impairments an other (gains)/losses               (9,000)
                                               ---------------
Operating income (loss)                            (44,689,000)

Interest expense                                     3,831,000
Interest income                                        451,000
Equity in net income of non-consolidated affiliates          0
                                               ---------------
Income(loss) before income taxes                   (48,069,000)
Provision for income taxes                              12,000
                                               ---------------
Net Income (loss)                                 ($48,082,000)
                                               ===============

                     Visteon Corporation, et al.
              Combined Schedules of Operating Cash Flow
                 For the Month Ended January 31, 2010

Customer receipts                                 $194,579,000
Other receipts                                      27,338,000
Intercompany receipts                               38,989,000
DIP Financing                                                0
                                               ---------------
Total receipts                                     260,906,000

Disbursements
Payroll Related                                    (34,998,000)
Operating disbursements                           (101,470,000)
Intercompany disbursements                        (138,360,000)
Other disbursements                                 (5,505,000)
                                               ---------------
Total Disbursements                               (280,333,000)
                                               ---------------
Net Cash Flow                                      (19,427,000)
                                               ===============
Beginning Balance                                 $557,882,000
Net Cash Flow                                      (19,427,000)
Foreign Currency and Other Adjustments                  37,000
                                               ---------------
Ending Cash Balance                               $538,492,000
                                               ===============

                        About Visteon Corp.

Headquartered in Van Buren Township, Michigan, Visteon Corporation
(NYSE: VC) -- http://www.visteon.com/-- is a global automotive
supplier that designs, engineers and manufactures innovative
climate, interior, electronic and lighting products for vehicle
manufacturers, and also provides a range of products and services
to aftermarket customers.  The company has corporate offices in
Van Buren Township, Michigan (U.S.); Shanghai, China; and Kerpen,
Germany.  It has facilities in 27 countries and employs roughly
35,500 people.  The Company has assets of $4,561,000,000 and debts
of $5,311,000,000 as of March 31, 2009.

Visteon Corporation and 30 of its affiliates filed for Chapter 11
protection on May 28, 2009, (Bank. D. Del. Case No. 09-11786
through 09-11818).  Judge Christopher S. Sontchi oversees the
Chapter 11 cases.  James H.M. Sprayregen, Esq., Marc Kieselstein,
Esq., and James J. Mazza, Jr., Esq., at Kirkland & Ellis LLP, in
Chicago, Illinois, represent the Debtors in their restructuring
efforts.  Laura Davis Jones, Esq., James E. O'Neill, Esq., Timothy
P. Cairns, Esq., and Mark M. Billion, Esq., at Pachulski Stang
Ziehl & Jones LLP, in Wilmington, Delaware, serve as the Debtors'
local counsel.  The Debtors' investment banker and financial
advisor is Rothschild Inc.  The Debtors' notice, claims, and
solicitation agent is Kurtzman Carson Consultants LLC.  The
Debtors' restructuring advisor is Alvarez & Marsal North America,
LLC.

Bankruptcy Creditors' Service, Inc., publishes Visteon Bankruptcy
News.  The newsletter tracks the Chapter 11 proceedings of Visteon
Corp. and its debtor-affiliates.  (http://bankrupt.com/newsstand/
or 215/945-7000)


WASHINGTON MUTUAL: Has $4.57 Billion Cash at End of January
-----------------------------------------------------------

                   WASHINGTON MUTUAL, INC.
                   Unaudited Balance Sheet
                   As of January 31, 2010

ASSETS
Unrestricted cash and cash equivalents           $4,572,893,823
Restricted cash and cash equivalents                 95,590,447
Investment securities                                67,589,737
Accrued interest receivable                             832,178
Income tax receivable                               475,941,477
Prepaid expenses                                      3,668,628
Cash surrender value of BOLI/COLI                    89,580,280
Funded Pension                                       39,173,922
Other investments                                             -
Investment in subsidiaries                        1,480,015,818
Notes receivable, intercompany                       12,558,871
Fixed assets                                             88,800
Other assets                                         95,510,357
                                                ----------------
Total Assets                                      $6,933,444,337
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                     $5,346,733
Accrued wages and benefits                              191,056
Other accrued liabilities                            10,228,780
Minority interest                                     1,112,871
                                                ----------------
Total Postpetition Liabilities                       16,879,440

LIABILITIES SUBJECT TO COMPROMISE
Senior debt                                       4,132,421,622
Subordinated debt                                 1,666,464,970
Junior subordinated debt                            765,674,200
Intercompany payables                               684,095,259
Accounts payable                                      4,480,720
Taxes payable                                       550,080,833
Payroll and benefit accruals                        407,236,707
Other accrued liabilities                            86,364,578
Other prepetition liabilities                               198
                                                ----------------
Total Prepetition Liabilities                     8,296,819,086
                                                ----------------
Total Liabilities                                 8,313,698,526

SHAREHOLDERS' EQUITY
Preferred stock                                   3,392,341,954
Common stock                                     12,988,753,556
Other comprehensive income                         (755,200,378)
Retained earnings - prepetition                 (16,741,804,781)
Retained earnings - postpetition                   (264,344,539)
                                                ----------------
Total Shareholders' Equity                       (1,380,254,188)
                                                ----------------
Total Liabilities and Shareholders' Equity         $6,933,444,337
                                                ================

                    WASHINGTON MUTUAL, INC.
               Unaudited Statement of Operations
         For the period January 1 to January 31, 2010

REVENUES
Interest income:
Cash equivalents                                       $511,657
Securities                                              268,933
Notes receivable - intercompany                          48,000
Other                                                       155
                                                ----------------
Total Interest Income                                   828,746

Earnings (losses) from subsidiaries and
other equity investments                              5,980,743
Gains (losses) from securities/investments              335,989
Other income                                           (526,280)
                                                ----------------
Total Revenues                                        6,619,198

OPERATING EXPENSES
Compensation and benefits                               520,771
Occupancy and equipment                                 129,368
Professional fees                                       736,667
Loss (Income) from BOLI/COLI policies                  (333,917)
Management fees/transition services                      59,002
Insurance                                               226,000
Other                                                   157,952
                                                ----------------
Total Operating Expenses                              1,495,843

Net profit (loss) before other income
and expenses                                          5,123,355

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

Other expense/(income)                                        -
                                                ----------------
Net profit (loss) before
reorganization items                                  5,123,355

REORGANIZATION ITEMS
Professional fees                                     4,950,941
Claims adjustments                                   13,228,764
U.S. Trustee quarterly fees                              13,000
Gains (losses) from sale of assets                            -
Other reorganization expenses                           243,690
                                                ----------------
Total Reorganization Items                           18,436,395

Net profit (loss) before income taxes                (13,313,040)

Income taxes                                                   -
                                                ----------------
NET PROFIT (LOSS)                                   ($13,313,040)
                                                ================

                  WASHINGTON MUTUAL, INC.
   Unaudited Schedule of Cash Receipts and Disbursements
       For the period January 1 to January 31, 2010

Opening Balance 12/31/09                          $3,966,195,576

RECEIPTS
Interest & investment returns                           402,888
Tax refunds                                             202,080
Reimbursements/distributions from subs                        -
Sales of assets/securities                                    -
Rebates                                                   6,050
Other miscellaneous receipts                                155
                                                ----------------
Total Receipts                                           611,172

TRANSFERS
Sweep to/(from) Money Market account                          -
Sweep (to)from Wells Managed account                          -
                                                ----------------
Total Transfers                                                -

DISBURSEMENTS
Salaries and benefits                                 1,741,438
Travel and other expenses                                48,977
Occupancy and supplies                                  241,986
Professional fees                                     4,337,677
Other outside services                                  541,097
Bank fees                                                23,461
U.S. trustee quarterly fees                              20,000
Directors fees                                           60,000
Taxes paid                                                2,870
                                                ----------------
Total Disbursements                                    7,017,506

Net Cash Flow                                         (6,406,333)
                                                ----------------
Cash - End of Month                                3,959,789,243

GL Balance                                         3,959,789,242

Net value -- Short Term Securities                   613,104,581
                                                ----------------
Total Cash and Cash Equivalents                   $4,572,893,823
                                                ================

                      WMI INVESTMENT CORP.
                    Unaudited Balance Sheet
                    As of January 31, 2010

ASSETS
Unrestricted cash and cash equivalents             $274,987,062
Restricted cash and cash equivalents                          -
Investment Securities                                         -
Accrued interest receivable                               3,745
Income tax receivable                                22,187,560
Prepaid expenses                                              -
Cash surrender value of BOLI/COLI                             -
Funded Pension                                                -
Other investments                                    58,845,279
Investment in subsidiaries                                    -
Notes receivable, intercompany                      565,844,197
Fixed Assets                                                  -
Other assets                                                  -
                                                ----------------
Total Assets                                        $921,867,844
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                        $22,043
Accrued wages and benefits                                    -
Other accrued liabilities                                19,375
Minority interest                                             -
                                                ----------------
Total Postpetition Liabilities                           41,418

LIABILITIES NOT SUBJECT TO COMPROMISE
Senior debt                                                   -
Subordinated debt                                             -
Junior subordinated debt                                      -
Intercompany payables                                         -
Accounts payable                                              -
Taxes payable                                                 -
Payroll and benefit accruals                                  -
Other accrued liabilities                                     -
Other prepetition liabilities                                 -
                                                ----------------
Total Prepetition Liabilities                                 -
                                                ----------------
Total Liabilities                                        41,418

SHAREHOLDERS' EQUITY
Preferred stock                                               -
Common stock                                      1,000,000,000
Other comprehensive income                           22,187,560
Retained earnings - prepetition                      14,133,260
Retained earnings - postpetition                   (114,494,395)
                                                ----------------
Total Shareholders' Equity                          921,826,426
                                                ----------------
Total Liabilities and Shareholders' Equity          $921,867,844
                                                ================

                      WMI INVESTMENT CORP.
                Unaudited Statement of Operations
          For the period January 1 to January 31, 2010

REVENUES
Interest income:
Cash equivalents                                        $40,187
Securities                                                    -
Notes receivable - intercompany                               -
Other                                                         -
                                                ----------------
Total Interest Income                                    40,187

Earnings (losses) from subsidiaries and
other equity investments                                (41,563)
Gains (losses) from securities/investments                    -
Other income                                                  -
                                                ----------------
Total Revenues                                           (1,376)

OPERATING EXPENSES
Compensation and benefits                                     -
Occupancy and equipment                                       -
Professional fees                                             -
Loss (Income) from BOLI/COLI policies                         -
Management fees/transition services                           -
Insurance                                                     -
Other                                                    14,563
                                                ----------------
Total Operating Expenses                                 14,563

Net profit (loss) before other income
and expenses                                            (15,939)

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

Other expense/(income)                                        -
                                                ----------------
Net profit (loss) before
reorganization items                                    (15,939)

REORGANIZATION ITEMS
Professional fees                                        22,043
Claims adjustments                                            -
U.S. Trustee quarterly fees                               4,875
Gains (losses) from sale of assets                            -
Other reorganization expenses                                 -
                                                ----------------
Total Reorganization Items                               26,918
                                                ----------------
Net profit (loss) before income taxes                    (42,857)

Income taxes                                                   -
                                                ----------------
NET PROFIT (LOSS)                                       ($42,857)
                                                ================

                    WMI INVESTMENT CORP.
   Unaudited Schedule of Cash Receipts and Disbursements
       For the period January 1 to January 31, 2010

Opening Balance 12/31/09                             $53,689,295

RECEIPTS
Interest & investment returns                             6,216
Tax refunds                                                   -
Reimbursements/distributions from subs                        -
Sales of assets/securities                                    -
Rebates                                                       -
Other miscellaneous receipts                                  -
                                                ----------------
Total Receipts                                             6,216

TRANSFERS
Sweep to/(from) Money Market account                          -
Sweep (to) from Wells Managed account                   250,000
                                                ----------------
Total Transfers                                          250,000

DISBURSEMENTS
Salaries and benefits                                         -
Travel and other expenses                                     -
Occupancy and supplies                                        -
Professional fees                                       300,000
Other outside services                                        -
Bank fees                                                   129
U.S. trustee quarterly fees                                 325
Directors fees                                                -
Taxes paid                                                    -
Miscellaneous adjustments                                     -
                                                ----------------
Total Disbursements                                      300,454

Net Cash Flow                                            (44,238)
                                                ----------------
Cash - End of Month                                   53,645,057

GL Balance                                            53,645,057

Net value -- Short Term Securities                   221,342,005
                                                ----------------
Total Cash and Cash Equivalents                     $274,987,062
                                                ================

WaMu Chief Financial Officer John Maciel disclosed that as of
January 31, 2010, the Debtors paid these firms an aggregate
of $4,337,676 on account of services rendered in their cases:

Professional                               Fees        Expenses
------------                             ---------     --------
Akin, Gump, Strauss, Hauer & Fled         $414,435      $33,082
Alvarez & Marsal                         1,568,589       64,757
Elliott Greenleaf                           81,084        6,546
FTI Consulting, Inc.                       203,116        4,611
Grant Thornton                               2,966          200
John W. Wolfe, P.S.                        105,888          114
Pepper Hamilton LLP                         78,989        6,728
PricewaterhouseCoppers LLP                 215,967       17,626
Quinn Emmanuel Urquhart Oliver & Hedges    839,561       31,308
Weil, Gotshal & Manges LLP                 644,216       19,865

As of December 31, 2009, WaMu paid a total of $5,368,775 to 26
vendors for certain postpetition accounts.  A complete list of
the Vendor Payments is available for free at:

    http://bankrupt.com/misc/WaMu_Jan2010VendorPayments.pdf

Mr. Maciel reported that for the period from January 1 to 31,
2010, WaMu did not file property tax returns and sales and use
tax returns.  Taxes relating to business and occupation, business
license and employee hours, as well as withholding summaries of
deposits, were filed during the Reporting Period.

A full-text copy of WaMu's December 2009 Operating Report is
available for free at the U.S. Securities and Exchange Commission
at http://ResearchArchives.com/t/s?56fa

                     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 September 25 by U.S.
government regulators.  The next day, WaMu and its 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.

Bankruptcy Creditors' Service Inc. publishes Washington Mutual
Bankruptcy News.  The newsletter tracks the Chapter 11 proceedings
of Washington Mutual Inc. (http://bankrupt.com/newsstand/or
215/945-7000).


YOUNG BROADCASTING: Posts $4,760,230 in January
-----------------------------------------------
On March 2, 2010, Young Broadcasting Inc. and its subsidiaries
filed their monthly operating report for the month ended
January 31, 2010, with the United States Bankruptcy Court for
the Southern District of New York.

The Debtors posted a consolidated net loss of $4,760,230 on net
operating revenues of $11,467,393 for the month of January.  Net
operating income was $1,751,902 for a net operating margin of
$15.3%.

Reorganization costs were $3,029,383 for the month.

As of January 31, 2010, the Company had $335,694,069 in total
assets, $31,548,620 in total liabilities not subject to
compromise, and $912,685,437 in total liabilities subject to
compromise, resulting in a $608,539,988 stockholders' deficit.

A full-text copy of Young Broadcasting's January operating report
is available at http://researcharchives.com/t/s?5879

Young Broadcasting, Inc. -- http://www.youngbroadcasting.com/--
owns 10 television stations and the national television
representation firm, Adam Young, Inc.  Five stations are
affiliated with the ABC Television Network (WKRN-TV -Nashville,
TN, WTEN-TV - Albany, NY, WRIC-TV - Richmond, VA, WATE-TV -
Knoxville, TN, and WBAY-TV - Green Bay, WI), three are affiliated
with the CBS Television Network (WLNS-TV - Lansing, MI, KLFY-TV -
Lafayette, LA and KELO-TV - Sioux Falls, SD), one is affiliated
with the NBC Television Network (KWQC-TV - Davenport, IA) and one
is affiliated with MyNetwork (KRON-TV - San Francisco, CA).  In
addition, KELO- TV- Sioux Falls, SD is also the MyNetwork
affiliate in that market through the use of its digital channel
capacity.

The Company and its affiliates filed for Chapter 11 protection on
February 13, 2009 (Bankr. S.D.N.Y. Lead Case No. 09-10645).  Jo
Christine Reed, Esq., at Sonnenschein Nath & Rosenthal LLP,
represents the Debtors in their restructuring effort.  The Debtors
selected UBS Securities LLC as consultant; Ernst & Young LLP as
accountant; Epiq Bankruptcy Solutions LLC as claims agent; and
David Pauker chief restructuring officer Andrew N. Rosenberg,
Esq., at Paul Weiss Rifkind Wharton & Harrison LLP, serves as
counsel to the official unsecured creditors committee.



                           *********

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
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however, be complete or accurate.  The Monday Bond Pricing table
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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.  Marites Claro, Joy Agravante, Rousel Elaine Tumanda, Howard C.
Tolentino, Joseph Medel C. Martirez, Denise Marie Varquez, Philline
Reluya, 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 2010.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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