TCR_Public/100403.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, April 3, 2010, Vol. 14, No. 91

                            Headlines

ADFITECH INC: Ends February 2010 With $12,290,093 in Cash
AGE REFINING: Reports $3.6 Million Loss for February
ASYST TECHNOLOGIES: Files Final Report; Has $1.6 Million Cash
FONTAINEBLEAU LV: Has $106,891,951 Cash at End of February
GREEKTOWN HOLDINGS: Reports $1,657,292 Net Loss for January

IMPERIAL CAPITAL: Posts $27,458 Net Loss in February 2010
INTERNATIONAL ALUMINUM: Posts $2.2 Million Net Loss in February
LTV CORP: Ends February 2010 With $9,222,000 Cash
ORLEANS HOMEBUILDERS: Files Initial Monthly Operating Report
PROLIANCE INTERNATIONAL: Posts $19,743,000 Net Loss in February

PROTOSTAR LTD: Posts $3.1 Million Net Loss in February
PROTOSTAR LTD: ProtoStar I Posts $1.3 Million Net Loss in February
PROTOSTAR LTD: ProtoStar II Posts $874,192 Net Loss in February
PROTOSTAR LTD: ProtoStar Asia Posts $54,058 Net Loss in February
PROTOSTAR LTD: ProtoStar Dev't Files February Operating Report

PROTOSTAR SATELLITE: Posts $10,189 Net Loss in February
PTC ALLIANCE: Reports $1.26 Million Net Loss in February
REGENT COMMUNICATIONS: Files Initial Monthly Operating Report
SIX FLAGS: Reports $44,464,085 Net Loss for January
SPANSION INC: Spansion LLC Has $14 Mil. Loss for Jan. 25-Feb. 21

THORNBURG MORTGAGE: Ends February 2010 With $123.8 Million in Cash
VION PHARMACEUTICALS: Ends February 2010 With $13,502,580 in Cash
WASHINGTON MUTUAL: Has $4,567,683,505 Cash at End of February



                            *********



ADFITECH INC: Ends February 2010 With $12,290,093 in Cash
---------------------------------------------------------
On March 22, 2010, ADFITECH, Inc. filed a report covering the
period from February 1, 2010, through February 28, 2010, with the
U.S. Bankruptcy Court for the District of Maryland.

The Company ended February 2010 with $12,290,093 in cash.  The
Company reported net income of $439,942 on total operating revenue
of $2,468,347 in February.  The Company's balance sheet at
February 28, 2010, showed $32,062,746 in total assets and
$1,640,181,882 in total liabilities.

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

               http://researcharchives.com/t/s?5cc4

As reported in the Troubled Company Report on March 4, 2010, the
U.S. Bankruptcy Court for the District of Maryland confirmed
ADFITECH, Inc.'s second amended Chapter 11 plan of reorganization.

                       About ADFITECH, Inc.

ADFITECH, Inc. was an independently operated, wholly owned
subsidiary of TMST Home Loans, Inc., formerly known as Thornburg
Mortgage Home Loans, Inc., and provides mortgage-related auditing
and quality control consulting services to financial institutions.
ADFITECH is self-funded, has its own separate workforce and bank
accounts, and operates independently from the TMST Debtors
including TMST and TMHL at offices located in Edmond, Oklahoma on
unencumbered real estate owned by ADFITECH.

As of October 31, 2009, ADFITECH had total assets of $30,807,613
against total liabilities of $1,639,994,390.  As of the petition
date, ADIFTECH had total assets of $28,026,037 against total
liabilities of $1,639,832,523.

Thornburg Mortgage, Inc., now known as TMST, Inc., and its four
affiliates filed for Chapter 11 on May 1 (Bankr. D. Md. Lead Case
No. 09-17787).  Judge Duncan W. Keir is handling the case.

On November 2, 2009, the Bankruptcy Court entered an Order
severing joint administration with respect to the ADFITECH Chapter
11 case.  As a result, ADFITECH's Chapter 11 case is no longer
jointly administered with the cases of the TMST Debtors.


AGE REFINING: Reports $3.6 Million Loss for February
----------------------------------------------------
Bill Rochelle at Bloomberg News reports that Age Refining Inc.
filed an operating report for February showing a $2.7 million loss
before interest, taxes, depreciation and amortization on revenue
of $15.2 million.  The net loss for the month was $3.6 million.

According to the report, Age was given final authority last week
to hire an investment banker, although the bankruptcy judge
changed some of the terms of the engagement.  The banker, Global
Hunter Securities LLC, must have all its fees ultimately approved
by the bankruptcy judge and cannot be reimbursed for legal
expenses in negotiating the engagement or defending a fee
application, unless it comes out on top in the fee objection.

Age Refining Inc. obtained approval from the Bankruptcy Court to
commence a sale process for its business.  It has set an April 15
deadline for initial bids in order to select the stalking horse
bidder.  Parties are to submit competing bids against the stalking
horse bidder by May 1, and an auction will be held May 5 if bids
are received.  The sale will be approved as part of the process of
confirming a Chapter 11 plan.

A syndicate of lenders led by JPMorgan Chase Bank, N.A., as
administrative agent, is providing the Debtor with $35 million of
financing to fund the Chapter 11 case.  The terms of the DIP
financing, however, requires a quick sale.  A plan is also
required by March 31.

                        About Age Refining

Age Refining, Inc., based in San Antonio, Texas, manufactures,
refines and markets jet fuels, diesel products, solvents and other
highly specialized fuels.  The Company's clients cover a variety
of sectors, including commercial, local municipalities and the
federal government.  Founded in 1991 by Al Gonzalez, AGE is a
family owned and operated business in the heart of the San Antonio
community.  Starting on a shoe-string budget and a bushel of
determination, AGE is proud to have posted over 22% growth per
year since 1991.

The Company filed for Chapter 11 bankruptcy protection on
February 8, 2010 (Bankr. W.D. Texas Case No. 10-50501).  Aaron
Michael Kaufman, Esq.; Carol E. Jendrzey, Esq.; and Mark E.
7Andrews, Esq., at Cox Smith Matthews Incorporated, assist the
Company in its restructuring effort.  The Company listed
$10,000,001 to $50,000,000 in assets and $100,000,001 to
$500,000,000 in liabilities.


ASYST TECHNOLOGIES: Files Final Report; Has $1.6 Million Cash
-------------------------------------------------------------
On March 29, 2010, Asyst Technologies, Inc., filed its final
operating report for the filing period February 2, 2010, through
March 4, 2010.

The company reported a net loss of $14,850,126 for the period.
During February 2010, the Company made a distribution of
$14.6 million to Keybank, the secured lender pursuant to the
Liquidating Plan.

At March 4, 2010, Asyst had $2,547,703 in total assets and
$9,130,180 in total liabilities, for a stockholders' deficit of
$6,582,477.  The Debtor had $1,596,268 in cash at March 4, 2010,
from $17,088,126 at the beginning of the period.  The difference
between this amount and the $1,752,342 balance as shown on the
balance sheet represents outstanding checks of $156,102 and petty
cash of $28.

A full-text copy of the final operating report is available at no
charge at http://bankrupt.com/misc/asyst.finaloperatingreport.pdf

                    About Asyst Technologies

Headquartered in Fremont, California, Asyst Technologies, Inc. --
http://www.asyst.com/-- is a leading provider of integrated
automation solutions primarily for the semiconductor and flat
panel display manufacturing industries.  The Company is the parent
company of seven subsidiaries located in various jurisdictions
worldwide.  Principally, the Company is the owner of a non-
operating holding company organized under the laws of Japan, Asyst
Technologies Holdings Company, Inc.  Asyst Japan Holdings in turn
owns the operating company Asyst Technologies Japan, Inc.

The Company filed for Chapter 11 on April 20, 2009 (Bankr. N.D.
Calif. Case No. 09-43246).  Ali M.M. Mojdehi, Esq., Janet D.
Gertz, Esq., and Rayla Dawn Boyd, Esq., at the Law Offices of
Baker and McKenzie, serve as the Debtor's bankruptcy counsel.
Epiq Bankruptcy Solutions LLC is the Debtors' notice and claims
agent.  AlixPartners, LLP  serves as financial advisor.  Andrew I.
Silfen, Esq., Mette H. Kurth, Esq., Michael S. Cryan, Esq., and
Schuyler G. Carroll, Esq., at Arent Fox LLP, represent the
official committee of unsecured creditors.  As of December 31,
2008, Asyst had total assets of $295,782,000 and total debts of
$315,364,000.

The Company's Japanese subsidiaries, Asyst Technologies Holdings
Company, Inc., and Asyst Technologies Japan, Inc., entered into
related voluntary proceedings under Japan's Corporate
Reorganization Law (Kaisha Kosei Ho) on April 20, 2009.  Kosei
Watanabe was appointed as Trustee of Asyst Japan Holdings and ATJ.

On February 18, 2010, the Bankruptcy Court entered an order
confirming Asyst Technologies, Inc.'s Chapter 11 plan of
liquidation, dated December 23, 2009.  Asyst emerged from
bankruptcy on March 5, 2010.


FONTAINEBLEAU LV: Has $106,891,951 Cash at End of February
----------------------------------------------------------
               FONTAINEBLEAU LAS VEGAS, LLC
         Schedule of Receipts and Disbursements
       For The Period From February 1 to 28, 2010

                                                 Cumulative
                                                 to the
                                 As of           Petition
                                 Feb. 2010       Date
                                -------------   -------------
Funds At Beginning Period           $4,385,627    $191,916,782
                                -------------   -------------
Receipts
(a) Cash Sales                              0               0
   Minus: Cash Refunds                       0               0
   Net Cash Sales                            0               0
(b) Accounts Receivable                     0               0
(c) Other Receipts                106,214,085     145,072,757
                                 -------------   -------------
Total Receipts                     106,214,085     145,072,757
                                 -------------   -------------
Total Funds Available For          106,214,085     145,072,757
Operations                       -------------   -------------

Disbursement
(a) Advertising                             0               0
(b) Bank Charges                       12,918          32,409
(c) Contract Labor                          0       1,550,315
(d) Fixed Asset Payments                    0       3,863,877
(e) Insurance                               0       1,151,915
(f) Inventory                               0               0
(g) Leases                                  0               0
(h) Manufacturing Supplies                  0               0
(i) Office Supplies                   123,435       1,768,465
(j) Payroll - Net                     123,097       3,716,861
(k) Professional Fees                 789,435       9,346,498
(l) Rent                              196,612       3,135,625
(m) Repairs                         2,191,432       5,918,375
(n) Secured Creditor Payments               0     192,985,545
(o) Taxes Paid - Payroll               64,101       1,317,035
(p) Taxes Paid - Sales                      0               0
(q) Taxes Paid - Other                  1,206       2,986,726
(r) Telephone                               0               0
(s) Travel & Entertainment                  0               0
(y) U.S. Trustee Quarterly Fees             0          62,350
(u) Utilities                         184,552       1,995,492
(v) Vehicle Expenses                        0               0
(w) Other Operating Expenses           20,970         266,093
                                 -------------   -------------
Total Disbursements                  3,707,762     230,097,588
                                 -------------   -------------
Ending Balance                    $106,891,951    $106,891,951
                                 =============   =============

           FONTAINEBLEAU LAS VEGAS RETAIL, LLC
         Schedule of Receipts and Disbursements
       For The Period From February 1 to 28, 2010

                                                 Cumulative
                                                 to the
                                 As of           Petition
                                 Feb. 2010       Date
                                 -------------   -------------
Funds At Beginning Period                 $150             $93
                                 -------------   -------------
Receipts
(a) Cash Sales                              0               0
   Minus: Cash Refunds                       0               0
   Net Cash Sales                            0               0
(b) Accounts Receivable                     0               0
(c) Other Receipts                     20,970         266,117
                                 -------------   -------------
Total Receipts                          20,970         266,117
                                 -------------   -------------
Total Funds Available For               21,121         266,211
Operations                       -------------   -------------

Disbursement
(a) Advertising                             0               0
(b) Bank Charges                            0               0
(c) Contract Labor                          0              24
(d) Fixed Asset Payments                    0               0
(e) Insurance                               0               0
(f) Inventory                               0               0
(g) Leases                                  0               0
(h) Manufacturing Supplies                  0               0
(i) Office Supplies                         0             520
(j) Payroll - Net                      14,068          42,928
(k) Professional Fees                       0         200,792
(l) Rent                                    0               0
(m) Repairs                                 0               0
(n) Secured Creditor Payments               0              93
(o) Taxes Paid - Payroll                6,902          20,076
(p) Taxes Paid - Sales                      0               0
(q) Taxes Paid - Other                      0               0
(r) Telephone                               0               0
(s) Travel & Entertainment                  0               0
(y) U.S. Trustee Quarterly Fees             0           1,625
(u) Utilities                               0               0
(v) Vehicle Expenses                        0               0
(w) Other Operating Expenses                0               0
                                 -------------   -------------
Total Disbursements                     20,970         266,060
                                 -------------   -------------
Ending Balance                            $150            $150
                                 =============   =============

Fontainebleau Las Vegas Holdings, LLC, Fontainebleau Las Vegas
Capital Corp., Fontainebleau Las Vegas Holdings, LLC,
Fontainebleau Las Vegas Retail Mezzanine, LLC, and Fontainebleau
Las Vegas Retail Parent, LLC also delivered to the Court on
February 22, 2010, a copy of their Monthly Operating Report for
the period February 1 to 28, 2010.   However, since the Debtors
have no business activity, the report contains zero figures for
all financial reports.

Full-text copies of the Debtors' February Monthly Operating
Reports may be accessed for free at:

    http://bankrupt.com/misc/FB_CapitalCorpMOR0210.pdf
    http://bankrupt.com/misc/FB_RetailParentMOR0210.pdf
    http://bankrupt.com/misc/FB_HoldingsLLCMOR0210.pdf
    http://bankrupt.com/misc/FB_RetailMezzanineMOR0210.pdf

                  About Fontainebleau Las Vegas

Fontainebleau Las Vegas -- http://www.fontainebleau.com/-- is
constructing a luxury resort, Fontainebleu Las Vegas, on the
northern end of the Las Vegas Strip.

Fontainebleau Las Vegas Holdings, LLC, Fontainebleau Las Vegas,
LLC, Fontainebleau Las Vegas Capital Corp. filed for Chapter 11
protection on June 9, 2009 (Bankr. S.D. Fla. Lead Case No.
09-21481).  Judge A. Jay Cristol presides over the Debtors' cases.
Scott L Baena, Esq., at Bilzin Sumberg Baena Price & Axelrod LLP,
represents the Debtors in their restructuring efforts.  The
Debtors' Financial Advisor are Moelis & Company LLC and Citadel
Derivatives Group LLC.  The Debtors' Special Litigation Counsel is
David M. Friedman, Esq., at Kasowitz, Benson, Torres & Friedman
LLP and the Debtors' Special Counsel is Jack J. Kessler, Esq., and
Alan Rubin, Esq., at Buchanan Ingersoll & Rooney PC.  The Debtors'
Claims Agent is Kurtzman Carson Consulting LLC.  Attorneys at
Genovese Joblove & Battista, P.A., and Fox Rothschild, LLP,
represent the Official Committee of Unsecured Creditors.

As of June 9, 2009, Fontainebleau Las Vegas LLC listed more than
$1 billion in debt and a similar amount in assets, while each of
Fontainebleau Las Vegas Capital Corp. and Fontainebleau Las Vegas
Holdings, LLC, listed less than $50,000 in assets and more than
$1 billion in debts.

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


GREEKTOWN HOLDINGS: Reports $1,657,292 Net Loss for January
-----------------------------------------------------------
                    Greektown Holdings, LLC
                         Balance Sheet
                     As of January 31, 2010

Assets
Cash                                                       $0
Inventory
Accounts receivable
Insider Receivables                                 3,442,586

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

Other Assets
Financing Fees                                              0
Notes receivables from affiliates                 504,575,459
Investments in affiliate                          (56,287,228)
                                                --------------
Total Assets                                      $451,730,817
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                           $0
Rent and lease payable                                      0
Wages and salaries                                          0
Taxes payable                                               0
Other                                               1,350,000
                                                --------------
Total postpetition liabilities                      1,350,000

Secured liabilities subject to postpetition
collateral or financing order                      190,609,695
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         504,575,459

Prepetition liabilities:
Taxes and other priority liabilities                        0
Unsecured liabilities                             240,109,640
Discount on bonds                                           0
                                                --------------
Total prepetition liabilities                     240,109,640

Kewadin equity                                     (99,399,607)
Monroe equity                                      (87,697,011)
Owner's capital                                        488,947
Retained earnings prepetition                      116,601,907
Retained earnings postpetition                    (224,298,518)
                                                --------------
Total stockholders' equity                       (294,304,282)
                                                --------------
Total liabilities                                 746,035,099
                                                --------------
Total Liabilities & Shareholders' Deficit         $451,730,817
                                                ==============

                    Greektown Holdings, LLC
                       Income Statement
              For the month ended January 31, 2010

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

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

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

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

                    Greektown Holdings, LLC
                      Cash Flow Statement
              For the month ended January 31, 2010

Cash - beginning of month                                   $0

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

                      Greektown Casino LLC
                         Balance Sheet
                     As of January 31, 2010

Assets
Cash                                              $28,024,291
Inventory                                             392,316
Accounts receivable                                 4,383,647
Insider Receivables                                         -

Property and Equipment
Land and buildings                                518,622,212
Furniture, fixtures and equipment                 107,475,480
Accumulated depreciation                         (154,979,613)
Other current                                      24,879,133
Other long term                                    10,715,430
                                                --------------
Total Assets                                      $539,512,897
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                  $14,183,454
Notes payable                                       1,740,948
Rent and lease payable                                      -
Wages and salaries                                  2,870,208
Taxes payable                                       1,214,127
Other                                                 294,672
                                                --------------
Total postpetition liabilities                     20,303,411

Secured liabilities subject to postpetition
collateral or financing order                      190,609,695
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         504,575,459

Prepetition liabilities:
Taxes and other priority liabilities                        -
Unsecured liabilities                              67,315,039
Other                                               3,606,217
                                                --------------
Total prepetition liabilities                      70,921,256

Equity                                             47,575,616
Owner's capital                                             -
Retained earnings prepetition                      82,744,007
Retained earnings postpetition                   (186,606,852)
                                                --------------
Total shareholders' equity                        (56,287,229)
                                                --------------
Total liabilities                                 595,800,126
                                                --------------
Total Liabilities & Shareholders' Equity          $539,512,897
                                                ==============

                      Greektown Casino LLC
                        Income Statement
              For the month ended January 31, 2010

Total revenue/sales                                $30,577,092
Cost of sales                                        3,329,640
                                                --------------
Gross profit                                        27,247,453

Operating Expenses
Officer compensation                                   42,582
Salary expenses, other employees                    5,080,760
Employees benefits & pensions                       2,591,316
Payroll taxes                                         735,626
Other taxes                                           624,209
Rent and lease expense                                  7,989
Interest expense                                    4,697,743
Insurance                                             231,035
Automobile & truck expense                                  -
Utilities                                             360,882
Depreciation                                        1,983,830
Travel and entertainment                                5,279
Repairs and maintenance                                63,819
Advertising                                           723,263
Supplies, office expense, etc.                         18,731
Gaming taxes                                        7,356,248
G&A expenses                                        2,483,249
F&B expenses                                          811,339
MGCB Fee                                              852,778
Parking/other                                               -
Pre-opening expenses                                        -
Impairment of intangible assets                             -
                                                --------------
Total expenses                                     28,670,679

Net operating profit (loss)                        (1,423,226)
Add: Non-operating income:
     Interest income                                         -
     Other income                                            -

Less: Non-operating expenses
      Professional fees                              1,987,589
      Other                                            220,000
                                                --------------
Net Income (Loss)                                  ($3,630,815)
                                                ==============

                      Greektown Casino LLC
                       Cash Flow Statement
              For the month ended January 31, 2010

Cash - beginning of month                           $7,986,709

Receipts                                           29,810,077
Balance available                                  37,796,786
                                                --------------
Less disbursements                                 27,329,155
                                                --------------
Cash - end of month                                $10,467,632
                                                ==============

                     About Greektown Casino

Based in Detroit, Michigan, Greektown Holdings, LLC, and its
affiliates -- http://www.greektowncasino.com/-- operates
world-class casino gaming facilities located in Detroit's
historic Greektown district featuring more than 75,000 square
feet of casino gaming space with more than 2,400 slot machines,
over 70 tables games, a 12,500-square foot salon dedicated to
high limit gaming and the largest live poker room in the
metropolitan Detroit gaming market.  Greektown Casino employs
approximately 1,971 employees, and estimates that it attracts
over 15,800 patrons each day, many of whom make regular visits to
its casino complex and related properties.  In 2007, Greektown
Casino achieved a 25.6% market share of the metropolitan Detroit
gaming market.  Greektown Casino has also been rated as the "Best
Casino in Michigan" and "Best Casino in Detroit" numerous times
in annual readers' polls in Detroit's two largest newspapers.

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

Greektown Holdings listed assets and debts of $100 million to
$500 million in its bankruptcy petition.

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


IMPERIAL CAPITAL: Posts $27,458 Net Loss in February 2010
---------------------------------------------------------
On March 19, 2010, Imperial Capital Bancorp, Inc., filed its
unaudited monthly operating report for the month of February 2010.

The Company reported a net loss of $27,458 for the period 2010.

At February 28, 2010, the Company had total assets of $44,084,657
and total liabilities of $101,777,236.

A full-text copy of the Company's February 2010 monthly operating
report is available at no charge at:

               http://researcharchives.com/t/s?5cc2

La Jolla, Calif.-based Imperial Capital Bancorp, Inc. was a
diversified bank holding company.  The Company owns 100% of the
common stock of Imperial Capital Bank, a California state chrtered
commercial bank that had roughly $4.4 million in assets and nine
retail branches.  On December 18, 2009, the FDIC seized the Bank
and entered into a puchase and assumption agreement with City
National Bank.  Imperial Capital Bancorp, Inc. filed for Chapter
11 bankruptcy protection on December 18, 2009 (Bankr. S.D. Calif.
Case No. 09-19431).  Gregory K. Jones, Esq., at Stutman, Treister
& Glatt, P.C., assists the Company in its restructuring effort.
In its amended schedules of assets and liabilities, Imperial
Capital Bancorp reported total assets of $40.4 million and
liabilities of $98.7 million.


INTERNATIONAL ALUMINUM: Posts $2.2 Million Net Loss in February
---------------------------------------------------------------
International Aluminum Corp. reported a net loss of $2.2 million
in February 2010.

At February 28, 2010, the Debtor had $267.2 million in total
assets and $292.5 million in total liabilities.  The Debtor ended
February 2010 with $36.7 million in cash, which includes $875,000
of restricted cash.  .

A full-text copy of the Debtor's monthly operating report for
February 2010 is available for free at:

     http://bankrupt.com/misc/int%27laluminum.februarymor.pdf

                  About International Aluminum

International Aluminum Corp. is a U.S. producer of aluminum and
vinyl products.  The Company filed for Chapter 11 bankruptcy
protection on January 4, 2010 (Bankr. D. Del. Case No. 10-10003).
The Company's affiliates, including IAC Holding Co. and United
States Aluminum Corporation, also filed Chapter 11 bankruptcy
petitions.  John Henry Knight, Esq., and L. Katherine Good, Esq.,
at Richards, Layton & Finger, P.A., assist the Debtors in their
restructuring efforts.  Weil, Gotshal & Manges LLP is the Debtor's
co-counsel.  Moelis & Company is the Debtor's financial advisor.
Kurtzman Carson Consultants LLC is the Debtor's claims agent.  The
Debtor listed $198 million in assets and $217 million in
liabilities as of November 30, 2009.


LTV CORP: Ends February 2010 With $9,222,000 Cash
-------------------------------------------------
On March 18, 2010, The LTV Corporation, et al., submitted to
the United States Bankruptcy Court for the Northern District of
Ohio, Eastern Division their operating report for the period ended
February 28, 2010.

LTV ended the period with a $9,222,000 cash balance.  LTV reported
$1,000 in receipts and $133,000 in disbursements in February,
including $88,000 paid to Chapter 11 professionals.

A full-text copy of LTV's February 2010 operating report is
available at no charge at http://researcharchives.com/t/s?5cba

Headquartered in Cleveland, Ohio, The LTV Corp. is a manufacturer
with interests in steel and steel-related businesses, employing
some 17,650 workers and operating 53 plants in Europe and the
Americas.  The Company filed for chapter 11 protection on
December 29, 2000 (Bankr. N.D. Ohio, Case No. 00-43866).  On
August 31, 2001, the company listed $4,853,100,000 in assets and
$4,823,200,000 in liabilities.


ORLEANS HOMEBUILDERS: Files Initial Monthly Operating Report
------------------------------------------------------------
On March 15, 2010, Orleans Homebuilders, Inc., et al., filed its
initial monthly operating report with the Bankruptcy Court.

The Debtors provided a 12-month cash flow projection for the 12
month period from March 2010 through February 2011, disclosing:

         Cash Beginning                     $0
         Total Receipts           $142,168,333
         Total Disbursements       $97,800,529
         Net Cash Flow             $44,367,804
         Cash End                  $44,367,804

A full-text copy of the Debtors' initial monthly operating report
is available at no charge at:

   http://bankrupt.com/misc/orleanshomebuilders.initialmor.pdf

                    About Orleans Homebuilders

Orleans Homebuilders, Inc. -- aka FPA Corporation, OHB, Parker &
Lancaster, Masterpiece Homes, Realen Homes and Orleans --
develops, builds and markets high-quality single-family homes,
townhouses and condominiums.  From its headquarters in suburban
Philadelphia, the Company serves a broad customer base including
first-time, move-up, luxury, empty-nester and active adult
homebuyers.  The Company currently operates in these 11 distinct
markets: Southeastern Pennsylvania; Central and Southern New
Jersey; Orange County, New York; Charlotte, Raleigh and
Greensboro, North Carolina; Richmond and Tidewater, Virginia;
Chicago, Illinois; and Orlando, Florida.  The Company's Charlotte,
North Carolina operations also include adjacent counties in South
Carolina.  Orleans Homebuilders employs approximately 300 people.

The Company filed for Chapter 11 bankruptcy protection on March 1,
2010 (Bankr. D. Delaware Case No. 10-10684).  Cahill Gordon &
Reindell LLP is the Debtor's bankruptcy and restructuring counsel.
Curtis S. Miller, Esq., and Robert J. Dehney, Esq., at Morris,
Nichols, Arsht & Tunnell, are the Debtor's Delaware and
restructuring counsel.  Blank Rome LLP is the Debtor's special
corporate counsel.  Garden City Group Inc. is the Debtor's claims
and notice agent.  The Company estimated assets and debts at
$100,000,001 to $500,000,000.


PROLIANCE INTERNATIONAL: Posts $19,743,000 Net Loss in February
---------------------------------------------------------------
On March 24, 2010, Proliance International, Inc., filed its
monthly operating report for the filing period ended February 28,
2010.

The Company reported a net loss of $19,743,000 for the month of
February 2010.  Included in the net loss are bankruptcy related
costs of $425,000, loss on sale of assets of $15,105,000, and debt
extinguishment expense of $4,119,000.

At February 28, 2010, the Company had $3,859,000 in total
assets and $75,740,000 in total liabilities.  The Company ended
February with $2,997,000 in cash, from beginning cash of
$1,317,000.

On February 19, 2010, the Company, through its wholly-owned
subsidiary Aftermarket Delaware Corporation, entered into a sale
and purchase agreement with Banco Products (India) Ltd. with
respect to the sale of all of the outstanding equity interest of
Nederlandse Radiateuren Fabriek B.V. ("NRF") to the buyer for
EUR17.7 million.  On February 19, 2010, the Court approved the
sale transaction.

A full-text copy of the Company's February 2010 operating report
is available for free at:

        http://bankrupt.com/misc/proliance.februarymor.pdf

                 About Proliance International

Based in New Haven, Connecticut, Proliance International, Inc. --
http://www.pliii.com/-- aka Godan makes automobile parts.  The
Company and its affiliates filed for Chapter 11 on July 2, 2009
(Bankr. D. Del. Lead Case No. 09-12278).  Christopher M. Samis,
Esq., and Daniel J. DeFranceschi, Esq., at Richards, Layton &
Finger PA, represent the Debtors in their restructuring efforts.
The Debtors' financial condition as of June 22, 2009, showed total
assets of $160.3 million and total debts of $133.5 million.

The sale of Proliance's North American assets to Centrum Equities
XV, LLC, was consummated under the provisions of Section 363 of
the Bankruptcy Code on August 14, 2009.


PROTOSTAR LTD: Posts $3.1 Million Net Loss in February
-----------------------------------------------------
ProtoStar Ltd. reported a net loss of $3.1 million for the month
of February 2010.  Interest expense was roughly $3.3 million.

At February 28, 2010, ProtoStar Ltd. had total assets of
$352.3 million, total liabilities of $315.7 million, and net owner
equity of $36.6 million.

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

      http://bankrupt.com/misc/protostarltd.februarymor.pdf

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 $1.3 Million Net Loss in February
-----------------------------------------------------------------
ProtoStar I Ltd. had unrestricted cash and cash equivalents of
$1.2 million at February 28, 2010.  Beginning cash was
$2.2 million.

ProtoStar I reported a net loss of $1.3 million for the month of
January.  Interest expense totaled $533,893.  Intercompany
expenses totaled $142,856.

At February 28, 2010, ProtoStar I had total assets of
$214.8 million and total liabilities of $263.1 million.

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

       http://bankrupt.com/misc/protostarI.februarymor.pdf

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 $874,192 Net Loss in February
--------------------------------------------------------------
ProtoStar II Ltd. had cash and cash equivalents of $38.9 million
at February 28, 2010.  Beginning cash was $41.6 million.

ProtoStar II reported a net loss of $874,192 on net revenue of
$1.8 million for the month of February.  Interest expense totaled
$64,495.  Other expense, consisting of intercompany expenses,
totaled $386,091.

At February 28, 2010, ProtoStar II had total assets of
$307.8 million, total liabilities of $234.0 million, and net owner
equity of $73.8 million.

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

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 $54,058 Net Loss in February
---------------------------------------------------------------
ProtoStar Asia Pte. Ltd. reported a net loss of $54,058 in
February.

At February 28, 2010, the Company had $1,378,609 in total assets
and $1,823,610 in total liabilities.

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

    http://bankrupt.com/misc/protostardev%27t.februarymor.pdf

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 February Operating Report
--------------------------------------------------------------
At February 28, 2010, ProtoStar Development Ltd. had $820,492 in
total assets and $940,549 in total liabilities.  ProtoStar
Development reported a net loss of $325 in February.

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

    http://bankrupt.com/misc/protostardev%27t.februarymor.pdf

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 SATELLITE: Posts $10,189 Net Loss in February
-------------------------------------------------------
ProtoStar Satellite Systems, Inc., reported a net loss of $10,189
for the month of February.  Net income in February includes
intercompany income of $310,713.

At February 28, 2010, the Company had $17.2 million in total
assets, $16.2 million in total liabilities, and $1.0 million in
net owner equity.

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

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

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.


PTC ALLIANCE: Reports $1.26 Million Net Loss in February
--------------------------------------------------------
Bill Rochelle at Bloomberg News reports that PTC Alliance Corp.,
reported a $1.26 million net loss in February on net sales of
$15.2 million.  Operating income in the month was $324,000.

After the bankruptcy judge refused to sanction the first sale of
assets, PTC will try again at a new auction on April 5.

                       About PTC Alliance

Headquartered in Wexford, Pennsylvania, PTC Alliance Corp. makes
welded and cold drawn mechanical steel tubing and tubular shapes,
chrome-plated bar products and precision components.  The Company
and its affiliates filed for Chapter 11 protection on October 1,
2009 (Bankr. D. Del. Lead Case No. 09-13395).  The Debtors
selected Reed Smith LLP as their counsel.  PTC Alliance listed
assets between $50 million and $100 million, and debts between
$100 million and $500 million in its petition.


REGENT COMMUNICATIONS: Files Initial Monthly Operating Report
-------------------------------------------------------------
Regent Communications, Inc., et al., filed their initial monthly
operating report with the Bankruptcy Court on March 15, 2010.  The
Debtord delivered a 13 week budget for week ending March 5, 2010,
through the week ended May 28, 2010, disclosing:

     Total Receipts                    $17,844,000
     Total Disbursements               $17,852,000
     Net Cash Flow (excl.
       Pro-Forma Impacts)                    7,000
     Professional and Restructuring
       Fees and Deposits                $3,311,000
     T&E and Other Restructuring
       Expenses                            335,000
     Total Pro-Forma Impacts            $3,646,000
     Net Cash Flow                      $3,653,000
     Cash Beginning                    $10,609,000
     Cash End                           $6,955,000

A full-text copy of the Debtors' initial monthly operating report
is available at no charge at:

   http://bankrupt.com/misc/regentcommunications.initialmor.pdf

                   About Regent Communications

Headquartered in Cincinnati, Ohio, Regent Communications, Inc., is
a radio broadcasting company that acquires, develops, and operates
radio stations.  There are 47 subsidiary entities with 62 radio
stations in markets in Colorado, Illinois, Indiana, Kentucky,
Louisiana, Michigan, Minnesota, New York, and Texas.  Regent
Communications focuses on radio stations in mid-sized market that
are diversified in terms of geographic location, target
demographics and format in order to minimize the effects of
downturns in specific markets and changes in format preferences.

The Company filed for Chapter 11 bankruptcy protection on March 1,
2010 (Bankr. D. Delaware Case No. 10-10632).  Michael R. Nestor,
Esq., at Young Conaway Stargatt & Taylor, assists the Company in
its restructuring effort.  As of January 31, 2010, the Company had
$166,506,000 in assets and $211,282,000 in liabilities.


SIX FLAGS: Reports $44,464,085 Net Loss for January
---------------------------------------------------
                      Six Flags, Inc.
                 Consolidating Balance Sheet
                     As of January 31, 2010

                          Assets

Current Assets:
Cash and Cash Equivalents                          $134,494,357
Accounts Receivable                                  12,203,620
Inventories                                          23,263,138
Prepaid Expenses                                     48,853,015
                                                ---------------
Total Current Assets                                218,814,131

Other Assets:
Notes Receivable                                      1,872,277
Intercompanies                                         (105,049)
Investment in Theme Parks                            45,253,443
Deposits                                             49,760,470
                                                ---------------
Total Other Assets                                   96,781,141

Fixed Assets:
Property Plant & Equipment                        2,703,996,636
Accumulated Depreciation                         (1,229,415,024)
                                                ---------------
Net Fixed Assets                                  1,474,581,613

Intangible Assets:
Goodwill and Organization Costs                   1,284,100,580
Less: Amortization                                 (223,651,213)
Deferred Charges                                     34,958,480
Less: Amortization                                  (22,720,715)
                                                ---------------
Net Intangible Assets                             1,072,787,131

Total Assets                                     $2,862,964,016
                                                ===============

                      Liabilities

Current Liabilities:
Short-Term Bank Borrowings                         $271,769,310
Accounts Payable Trade                               38,635,572
Accrued Expenses                                    107,287,357
Accrued Interest Payable                             66,233,256
Deferred Income                                      19,732,051
Current Portion - Long-Term Debt                    168,140,370
Current Portion - Capitalized Leases                  1,418,797
Asset Retirement Obligation - ST                              0
                                                 --------------
Total Current Liabilities                           673,216,712

Long-Term Liabilities:
Notes Payable                                     1,965,736,482
Capitalized Leases                                      982,210
Other Liabilities                                    70,607,878
Minority Interest                                        10,770
Deferred Income Taxes                               117,576,733
Asset Retirement Obligation - LT                              0
                                                ---------------
Total Long Term Liabilities                       2,154,914,073

Total Liabilities                                $2,828,130,786
                                                ===============

Redeemable Minority Interest                        355,933,028
PIERS                                               306,649,669

Stockholders' Equity:
Retained Earnings                               ($2,058,500,513)
Year-to-Date Net Income                             (44,464,095)
Common Stock                                          2,458,048
Foreign Currency Translation                        (33,569,336)
Paid-in Capital in Excess of Par                  1,506,346,431
                                                ---------------
Total Shareholders' Equity                         (627,749,466)

Total Liabilities & Equity                       $2,862,964,016
                                                ===============

                      Six Flags, Inc.
               Consolidating Income Statement
            For the Period Jan. 4 to 31, 2010

Total Revenue                                        $8,416,842
Cost of Products Sold                                   534,299
                                                  -------------
Gross Profit                                          7,882,542

Total Operating Expenses                             22,918,431
Total S, G & A Expenses                               8,736,642

Operating Income                                    (23,772,531)

Other Income (Expenses)                                 389,780
Reorganization Items                                 (7,472,527)
Total Depreciation & Amortization                     8,501,660

Interest Expense                                      4,998,064
Interest Intercompany                                     1,814
Interest Income                                         (62,445)
                                                  -------------
Total Interest Expense                                4,937,433

Equity in Operations of Affiliates                            -
Minority Interest in Earnings                                 -
Discontinued Operations                                  26,277
                                                  -------------
Earnings Before Taxes                               (44,320,648)
Income Taxes                                            143,447
                                                  -------------
Net Income (Loss)                                  ($44,464,085)
                                                  =============

For the period January 4 to 31, 2010, Six Flags, Inc., and its
Debtor-affiliates made total disbursements of $45,395,553.

For the period from January 4 through 31, 2010, the Debtors also
paid $10,162,584 to their bankruptcy professionals' fees and
expenses.

A full-text copy of the MOR for January 4 to 31 is available for
free at http://bankrupt.com/misc/SixF_MORJan4_31.pdf

                           About Six Flags

Headquartered in New York City, Six Flags, Inc., is the world's
largest regional theme park company with 20 parks across the
United States, Mexico and Canada.

Six Flags filed for Chapter 11 protection on June 13, 2009 (Bankr.
D. Del. Lead Case No. 09-12019).  Paul E. Harner, Esq., Steven T.
Catlett, Esq., and Christian M. Auty, Esq., at Paul, Hastings,
Janofsky & Walker LLP in Chicago, Illinois, act as the Debtors'
lead counsel.  Daniel J. DeFranceschi, Esq., and L. Katherine
Good, Esq., at Richards, Layton & Finger, P.A., in Wilmington,
Delaware, act as local counsel.  Cadwalader Wickersham & Taft LLP,
serves as special counsel.  Houlihan Lokey Howard & Zukin Capital
Inc., serves as financial advisors, while KPMG LLC acts as
accountants.  Kurtzman Carson Consultants LLC serves as claims and
notice agent.  As of March 31, 2009, Six Flags had $2,907,335,000
in total assets and $3,431,647,000 in total liabilities.

Bankruptcy Creditors' Service, Inc., publishes Six Flags
Bankruptcy News.  The newsletter provides gavel-to-gavel coverage
of the Chapter 11 proceedings undertaken by Six Flags Inc. and its
various affiliates.  (http://bankrupt.com/newsstand/or 215/945-
7000).


SPANSION INC: Spansion LLC Has $14 Mil. Loss for Jan. 25-Feb. 21
----------------------------------------------------------------
Spansion LLC Executive Vice President and Chief Financial Officer
Randy Furr filed on March 23, 2010, Spansion LLC's monthly
operating report for February 2010.  Spansion LLC is the
principal operating company of the Debtors.  It is the parent
company of Spansion International, Inc., and all other foreign
Spansion entities.

According to Mr. Furr, Spansion LLC has employees, and
conducts businesses that generate revenue.  It files its own
payroll tax returns, and it is included in Spansion Inc.'s
federal consolidated and California worldwide unitary tax
returns.

Mr. Furr further notes that Spansion LLC recognizes the operating
results of its wholly owned subsidiaries worldwide based on the
equity method of accounting.  However, since one of its
subsidiaries, Spansion Japan Limited, filed a proceeding under
the Corporate Reorganization Law (Kaisha Kosei Ho) of Japan on
February 10, 2009, which was formally commenced on March 3,
Spansion LLC no longer "controls" SPJ.  SPJ's results are no
longer consolidated in Spansion Inc.'s consolidated financial
results effective March 2009, and have never been reflected in
Spansion LLC's monthly Operating Reports.

                         Spansion LLC
                         Balance Sheet
                     As of February 21, 2010


ASSETS
Unrestricted Cash & Cash Equivalents             $312,428,354
Short Term Investment                              80,025,001
Restricted Cash & Cash Equivalents                 79,941,829
Accounts Receivable (net)                          51,569,256
Notes Receivable                                            0
Inventories                                       142,484,538
Prepaid Expenses                                   10,041,976
Professional Retainers                                446,373
Intercompany Receivables                          413,320,456
Other Current Assets                               39,304,686
                                                --------------
Total current assets                             1,129,562,468

Property and Equipment
Real Property & Improvements                       13,078,518
Machinery and Equipment                         1,163,649,658
Furniture, fixtures & Office Equipment                      0
Leasehold Improvements                            734,469,848
Vehicles                                                    0
Less Accumulated Depreciation                  (1,669,715,705)
                                                --------------
Total Property and Equipment                      241,482,319
OTHER ASSETS
Loans to Insiders                                           0
Intercompany Investments                          149,846,617
Other assets                                       42,211,057
                                                --------------
Total Other Assets                                 192,057,674
                                                --------------
Total Assets                                    $1,563,102,462
                                                ==============

LIABILITIES AND OWNER EQUITY
Liabilities Not Subject to Compromise (Postpetition)
Accounts Payable                                  $38,362,552
Taxes Payable                                      11,524,973
Wages Payable                                       6,113,779
Secured Debt                                       36,891,562
Accrued Expense                                    37,817,517
Deferred Income                                    35,562,907
Intercompany                                      257,943,906
Other Postpetition Liabilities                    150,351,326
                                                --------------
Total Postpetition Liabilities                     574,568,521

Liabilities Subject to Compromise Prepetition
Secured Debt                                      642,599,391
Priority Debt                                      14,377,261
Unsecured Debt                                    987,331,670
Intercompany                                      254,468,560
                                                --------------
Total Prepetition Liabilities                   1,898,776,881
                                                --------------
Total Liabilities                                2,473,345,403
OWNER EQUITY
Intercompany Common Stock                       2,289,379,270
Additional Paid-in Capital                        124,015,097
Partners' Capital Account                                   0
Owner's Equity Account                                      0
Retained Earnings-Prepetition                  (3,232,999,769)
Retained Earnings-Postpetition                    (96,154,198)
Retained Earnings-Adjustment                        5,516,659
                                                --------------
Net Owner Equity                                 (910,242,941)
                                                --------------
Total Liabilities and Owner Equity              $1,563,102,462
                                                ==============

                         Spansion LLC
                   Statement of Operations
            For the From Jan. 25 to Feb. 21, 2010

REVENUES
Gross Revenues                                    $75,947,961
Less: Changes in reserves                            (114,148)
                                                --------------
Net Revenue                                        75,833,813
Cost of Goods Sold
Manufacturing expense                              30,075,953
Disti/OEM cost adjustment                          10,359,291
Intercompany purchase                              27,956,837
Foreign currency gain/loss                         (1,011,323)
Inventory change                                   (6,881,512)
                                                --------------
Cost of Goods Sold                                  60,499,247
                                                --------------
Gross Profit                                        15,334,566
Operating Expenses
Building Expense                                      260,136
Labor & Benefits                                    9,049,281
Freight                                                52,066
Marketing and communications                          176,642
Material                                              233,040
Outside Services                                    5,920,438
Repair & Maintenance                                  232,937
Telecom and Software                                  628,937
Travel                                                291,442
Other                                               7,725,090
                                                --------------
Total Operating Expenses Before Depreciation        24,570,009
Depreciation/Depletion/Amortization                    677,716
                                                --------------
Net Profit (loss) Before Income & Expenses          (9,913,159)

OTHER INCOME AND EXPENSES
Other loss (Income), net                           (5,335,879)
Interest Expense                                    1,326,901
Other Expense                                               0
                                                --------------
Net Profit(loss)Before Reorganization Items        (5,904,181)
Reorganization Items
Professional Fees                                   5,129,967
Interest Earned on Accumulated Cash
From Chapter 11                                       (20,886)
Other Reorganization Expenses                       3,517,446
                                                --------------
Total reorganization expenses                        8,626,528
Income Taxes                                         (480,785)
                                                --------------
Net Profit (loss)                                 ($14,049,923)
                                                ==============

                          Spansion LLC
            Schedule of Cash Receipts and Disbursement
            For the Period From Jan. 25 to Feb. 21, 2010

Cash Beginning of Month                           $345,133,606
Receipts
Customer Receipts                                  54,243,743
Intercompany Receipts                                       0
Other Receipts                                        142,516
                                                --------------
Total Receipts                                     54,386,259
Disbursements
Buildings                                             664,550
Foundry & Subcon                                    1,914,594
Intercompany Disbursements                          9,136,824
Labor & Benefits                                   13,035,524
Material                                           10,147,706
Other                                               1,430,404
Outside Services                                    4,170,915
Repair & Maintenance                                2,564,685
Capital Expenditures                                1,360,206
Debt Obligations & Capital Leases                     864,066
Taxes                                               6,632,787
Facility Closure Costs                                      0
Key Employee Incentive Plan                                 0
Reduction in Force                                          0
Restructuring Professional Fees                     5,872,825
Utilities Deposit                                           0
Term loan accrued interest and fee                 18,016,085
Intercompany Transfers(debtor entities)             1,192,283
Intercompany Transfers(non-debtor entities)        10,088,058
                                                --------------
Total Disbursements                                87,091,511
Net Cash Inflow/(Outflow)                          (32,705,252)
                                                --------------
Cash End of Month                                 $312,428,354
                                                ==============

                        About Spansion Inc.

Spansion Inc. (Pink Sheets: SPSNQ) -- http://www.spansion.com/--
is a Flash memory solutions provider.  Spansion is a former joint
venture of AMD and Fujitsu.

Spansion Inc., Spansion LLC, Spansion Technology LLC, Spansion
International, Inc., and Cerium Laboratories LLC filed voluntary
petitions for Chapter 11 on March 1, 2009 (Bankr. D. Del. Lead
Case No. 09-10690).  On February 9, 2009, Spansion's Japanese
subsidiary, Spansion Japan Ltd., voluntarily entered into a
proceeding under the Corporate Reorganization Law (Kaisha Kosei
Ho) of Japan to obtain protection from its creditors as part of
the company's restructuring efforts. None of Spansion's
subsidiaries in countries other than the United States and Japan
are included in the U.S. or Japan filings.

Michael S. Lurey, Esq., Gregory O. Lunt, Esq., and Kimberly A.
Posin, Esq., at Latham & Watkins LLP, have been tapped as
bankruptcy counsel.  Michael R. Lastowski, Esq., at Duane Morris
LLP, is the Delaware counsel.  Epiq Bankruptcy Solutions LLC, is
the claims agent.  The United States Trustee has appointed an
official committee of unsecured creditors in the case.  As of
September 30, 2008, Spansion disclosed total assets of
US$3,840,000,000, and total debts of US$2,398,000,000.

Spansion Japan Ltd. filed a Chapter 15 petition on April 30, 2009
(Bankr. D. Del. Case No. 09-11480).  The Chapter 15 Petitioner's
counsel is Gregory Alan Taylor, Esq., at Ashby & Geddes.  It said
that Spansion Japan had US$10 million to US$50 million in assets
and US$50 million to US$100 million in debts.

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


THORNBURG MORTGAGE: Ends February 2010 With $123.8 Million in Cash
------------------------------------------------------------------
On March 24, 2010, the Chapter 11 trustee for TMST, Inc.,
formerly known as Thornburg Mortgage, Inc., et al., filed on
behalf of the Debtors, except for ADFITECH, Inc., a monthly
operating report for February 2010.

TMST, Inc., et al., ended February with $123,824,526 cash.  The
Debtors reported net income of $4,683,506 on net operating revenue
of $2,105,919 for the month.  At February 28, 2010, the Debtors
had $157,034,979 in total assets and $3,471,966,217 in total
liabilities.

A full-text copy of the TMST, Inc.'s February 2010 monthly
operating report is available for free at:

               http://researcharchives.com/t/s?5cc3

Based in Santa Fe, New Mexico, Thornburg Mortgage Inc. (NYSE: TMA)
-- http://www.thornburgmortgage.com/-- was a single-family
residential mortgage lender focused principally on prime and
super-prime borrowers seeking jumbo and super-jumbo adjustable
rate mortgages.  It originated, acquired, and retained investments
in adjustable and variable rate mortgage assets.  Its ARM assets
comprised of purchased ARM assets and ARM loans, including
traditional ARM assets and hybrid ARM assets.

Thornburg Mortgage, Inc., and its four affiliates filed for
Chapter 11 on May 1 (Bankr. D. Md. Lead Case No. 09-17787).
Thornburg has changed its name to TMST, Inc.

Judge Duncan W. Keir is handling the case.  David E. Rice, Esq.,
at Venable LLP, in Baltimore, Maryland, has been tapped as
counsel.  Orrick, Herrington & Sutcliffe LLP is employed as
special counsel.  Jim Murray, and David Hilty, at Houlihan Lokey
Howard & Zukin Capital, Inc., have been tapped as investment
banker and financial advisor.  Protiviti Inc. has also been
engaged for financial advisory services.  KPMG LLP is the tax
consultant.  Epiq Systems, Inc., is claims and noticing agent.  In
its bankruptcy petition, Thornburg listed total assets of
$24,400,000,000 and total debts of $24,700,000,000, as of
January 31, 2009.

On October 28, 2009, the Court approved the appointment of Joel I.
Sher as the Chapter 11 Trustee for the Company, TMST Acquisition
Subsidiary, Inc., TMST Home Loans, Inc. and TMST Hedging
Strategies, Inc.


VION PHARMACEUTICALS: Ends February 2010 With $13,502,580 in Cash
-----------------------------------------------------------------
On March 22, 2010, Vion Pharmaceuticals, Inc., filed its
unaudited monthly operating report for the month of February 2010
with the U.S. Bankruptcy Court for the District of Delaware.

The Company ended February with $13,502,580 in cash, from
$13,819,872 as of the beginning of the month.

The Company reported a net loss of $589,620 in January 2010.

At January 31, 2010, the Company had $13,808,535 in total assets
and $66,563,236 in total liabilities.

A full-text copy of the Company's monthly operating report for
February 2010 is available at no charge at:

               http://researcharchives.com/t/s?5cbb

On March 1, 2010, the Bankruptcy Court entered an order (i)
approving the adequacy of information in the Disclosure Statement
and (ii) approving the Company's procedures for soliciting votes
on the Plan and authorizing the Company to send the Disclosure
Statement, the Plan and ballots to creditors entitled to vote on
the Plan.  The deadline for voting on the Plan is March 30, 2010,
at 4:00 P.M. and the hearing on confirmation of the Plan is
scheduled for April 6, 2010.

                        About the Company

New Haven, Connecticut-based Vion Pharmaceuticals Inc. is a
developer of cancer drug therapies.  Vion Pharmaceuticals filed
for Chapter 11 bankruptcy protection on December 17, 2009 (Bankr.
D. Del. Case No. 09-14429).  Christopher M. Samis, Esq., and John
Henry Knight, Esq., at Richards, Layton & Finger, P.A., assist the
Company in its restructuring effort.  Roth Capital Partners, LLC,
assisted the Debtor with the sale of all or key assets during the
Chapter 11 proceeding.  The Company listed $10,000,001 to
$50,000,000 in assets and $50,000,001 to $100,000,000 in
liabilities.


WASHINGTON MUTUAL: Has $4,567,683,505 Cash at End of February
-------------------------------------------------------------
                    WASHINGTON MUTUAL, INC.
                    Unaudited Balance Sheet
                    As of February 28, 2010

ASSETS
Unrestricted cash and cash equivalents           $4,567,683,505
Restricted cash and cash equivalents                 95,403,332
Investment securities                                68,670,977
Accrued interest receivable                             877,149
Income tax receivable                               475,616,366
Prepaid expenses                                      3,443,628
Cash surrender value of BOLI/COLI                    89,723,856
Funded Pension                                       39,173,922
Other investments                                             -
Investment in subsidiaries                        1,478,388,802
Notes receivable, intercompany                       12,607,350
Fixed assets                                             85,571
Other assets                                         96,356,327
                                                ----------------
Total Assets                                      $6,928,030,786
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                     $4,418,434
Accrued wages and benefits                              319,708
Other accrued liabilities                            11,521,893
Minority interest                                     1,113,064
                                                ----------------
Total Postpetition Liabilities                       17,373,099

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                                 8,314,192,185

SHAREHOLDERS' EQUITY
Preferred stock                                   3,392,341,954
Common stock                                     12,988,763,556
Other comprehensive income                         (754,454,605)
Retained earnings - prepetition                 (16,741,804,781)
Retained earnings - postpetition                   (270,997,523)
                                                ----------------
Total Shareholders' Equity                       (1,386,161,399)
                                                ----------------
Total Liabilities and Shareholders' Equity        $6,928,030,786
                                                ================

                    WASHINGTON MUTUAL, INC.
               Unaudited Statement of Operations
       For the period February 1 to February 28, 2010

REVENUES
Interest income:
Cash equivalents                                       $519,827
Securities                                              249,789
Notes receivable - intercompany                          48,480
Other                                                       155
                                                ----------------
Total Interest Income                                   818,250

Earnings (losses) from subsidiaries and
other equity investments                             (1,627,210)
Gains (losses) from securities/investments               55,171
Other income                                            845,511
                                                ----------------
Total Revenues                                           91,723

OPERATING EXPENSES
Compensation and benefits                               449,812
Occupancy and equipment                                 126,192
Professional fees                                       780,211
Loss (Income) from BOLI/COLI policies                  (143,575)
Management fees/transition services                      30,000
Insurance                                               240,834
Other                                                   167,816
                                                ----------------
Total Operating Expenses                              1,651,289

Net profit (loss) before other income
and expenses                                         (1,559,566)

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

Other expense/(income)                                        -
                                                ----------------
Net profit (loss) before
reorganization items                                 (1,559,566)

REORGANIZATION ITEMS
Professional fees                                     4,839,182
Claims adjustments                                            -
U.S. Trustee quarterly fees                                   -
Gains (losses) from sale of assets                            -
Other reorganization expenses                           254,235
                                                ----------------
Total Reorganization Items                            5,093,417

Net profit (loss) before income taxes                 (6,652,984)

Income taxes                                                   -
                                                ----------------
NET PROFIT (LOSS)                                    ($6,652,984)
                                                ================

                  WASHINGTON MUTUAL, INC.
   Unaudited Schedule of Cash Receipts and Disbursements
       For the period February 1 to February 28, 2010

Opening Balance 12/31/09                          $3,959,789,243

RECEIPTS
Interest & investment returns                           470,421
Tax refunds                                             334,168
Reimbursements/distributions from subs                        -
Sales of assets/securities                                    -
Rebates                                                       -
Other miscellaneous receipts                             13,840
                                                ----------------
Total Receipts                                           818,429

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

DISBURSEMENTS
Salaries and benefits                                   326,833
Travel and other expenses                                23,108
Occupancy and supplies                                  221,612
Professional fees                                     4,917,176
Other outside services                                  537,251
Bank fees                                                23,820
U.S. trustee quarterly fees                                   -
Directors fees                                           60,000
Taxes paid                                                6,318
                                                ----------------
Total Disbursements                                    6,116,118
                                                ----------------
Net Cash Flow                                         (5,297,689)
                                                ----------------
Cash - End of Month                                3,954,491,554

GL Balance                                         3,954,491,553

Net value -- Short Term Securities                   613,191,952
                                                ----------------
Total Cash and Cash Equivalents                   $4,567,683,505
                                                ================

                      WMI INVESTMENT CORP.
                    Unaudited Balance Sheet
                    As of February 28, 2010

ASSETS
Unrestricted cash and cash equivalents             $275,245,601
Restricted cash and cash equivalents                          -
Investment Securities                                         -
Accrued interest receivable                               3,290
Income tax receivable                                22,187,560
Prepaid expenses                                              -
Cash surrender value of BOLI/COLI                             -
Funded Pension                                                -
Other investments                                    58,572,087
Investment in subsidiaries                                    -
Notes receivable, intercompany                      565,844,197
Fixed Assets                                                  -
Other assets                                                  -
                                                ----------------
Total Assets                                        $921,852,736
                                                ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                         $6,000
Accrued wages and benefits                                    -
Other accrued liabilities                                19,375
Minority interest                                             -
                                                ----------------
Total Postpetition Liabilities                           25,375

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                                        25,375

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                   (114,493,459)
                                                ----------------
Total Shareholders' Equity                          921,827,361
                                                ----------------
Total Liabilities and Shareholders' Equity          $921,852,736
                                                ================

                      WMI INVESTMENT CORP.
                Unaudited Statement of Operations
       For the period February 1 to February 28, 2010

REVENUES
Interest income:
Cash equivalents                                        $35,268
Securities                                                    -
Notes receivable - intercompany                               -
Other                                                         -
                                                ----------------
Total Interest Income                                    35,268

Earnings (losses) from subsidiaries and
other equity investments                                (41,563)
Gains (losses) from securities/investments               21,713
Other income                                                  -
                                                ----------------
Total Revenues                                           15,418

OPERATING EXPENSES
Compensation and benefits                                     -
Occupancy and equipment                                       -
Professional fees                                             -
Loss (Income) from BOLI/COLI policies                         -
Management fees/transition services                           -
Insurance                                                     -
Other                                                    14,483
                                                ----------------
Total Operating Expenses                                 14,483

Net profit (loss) before other income
and expenses                                                935

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

Other expense/(income)                                        -
                                                ----------------
Net profit (loss) before
reorganization items                                        935

REORGANIZATION ITEMS
Professional fees                                             -
Claims adjustments                                            -
U.S. Trustee quarterly fees                                   -
Gains (losses) from sale of assets                            -
Other reorganization expenses                                 -
                                                ----------------
Total Reorganization Items                                    -
                                                ----------------
Net profit (loss) before income taxes                        935

Income taxes                                                   -
                                                ----------------
NET PROFIT (LOSS)                                           $935
                                                ================

                    WMI INVESTMENT CORP.
   Unaudited Schedule of Cash Receipts and Disbursements
       For the period February 1 to February 28, 2010

Opening Balance 01/31/10                             $53,645,057

RECEIPTS
Interest & investment returns                           241,319
Tax refunds                                                   -
Reimbursements/distributions from subs                        -
Sales of assets/securities                                    -
Rebates                                                       -
Other miscellaneous receipts                                  -
                                                ----------------
Total Receipts                                           241,319

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

DISBURSEMENTS
Salaries and benefits                                         -
Travel and other expenses                                     -
Occupancy and supplies                                        -
Professional fees                                        16,043
Other outside services                                        -
Bank fees                                                    47
U.S. trustee quarterly fees                                   -
Directors fees                                                -
Taxes paid                                                    -
                                                ----------------
Total Disbursements                                       16,090
                                                ----------------
Net Cash Flow                                            225,228
                                                ----------------
Cash - End of Month                                   53,870,285

GL Balance                                            53,870,285

Net value -- Short Term Securities                   221,375,316
                                                ----------------
Total Cash and Cash Equivalents                     $275,245,601
                                                ================

WaMu Chief Financial Officer John Maciel disclosed that as of
February 28, 2010, the Debtors paid these firms an aggregate
of $4,917,175 on account of services rendered in their cases:

Professional                               Fees        Expenses
------------                             ---------     --------
Akin, Gump, Strauss, Hauer & Fled         $214,081       $7,706
Alvarez & Marsal                         1,175,579       85,748
Davis Wright Tremaine LLP                    4,629            -
FTI Consulting, Inc.                        63,430          114
Gibson Dunn & Crutcher LLP                  27,559           41
Grant Thornton                               6,255
John W. Wolfe, P.S.                        118,125          245
Kurtzman Carson Consultants LLC            171,342            -
McKee Nelson LLP/Bingham McCutchen LLP     121,346       82,616
Miller & Chevalier Chartered                45,254           14
Perkins Coie LLP                            96,894        5,358
PricewaterhouseCoppers LLP                  59,274        6,580
Quinn Emmanuel Urquhart Oliver & Hedges    653,688       22,866
Richards Layton & Finger P.A.               33,996        3,376
Shearman & Sterling LLP                     48,353        1,332
Simpson Thacher & Barlett LLP                7,824           16
Towers, Perrin, Forster & Crosby, Inc.      47,000            -
Weil, Gotshal & Manges LLP               1,134,243       72,076

As of February 28, 2010, WaMu paid a total of $4,418,324 to 27
vendors for certain postpetition accounts.  A complete list of
the Vendor Payments is available for free at:

     http://bankrupt.com/misc/WaMu_Feb2010VendorPayments.pdf

According to Mr. Maciel, for the period from February 1 to 28,
2010, WaMu did not file property tax returns; sales and use
tax returns and corporate income; and franchise and gross receipt
tax filings.  Payroll taxes were filed during the Reporting
Period.

A full-text copy of WaMu's February 2010 Operating Report is
available for free at:

          http://bankrupt.com/misc/WaMu_MORFeb2010.pdf

                      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.

Peter Calamari, Esq., and David Elsberg, Esq., at Quinn Emanuel
Urquhart Oliver & Hedges, LLP served as legal counsel to WMI with
responsibility for the litigation.  Brian Rosen, Esq., at Weil,
Gotshal & Manges LLP served as legal counsel to WMI with
responsibility for the chapter 11 case.

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).



                           *********

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

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

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

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

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

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

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

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

                           *********

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

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  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
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

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

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