TCR_Public/101016.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, October 16, 2010, Vol. 14, No. 287

                            Headlines

ABITIBIBOWATER INC: Reports $3,178,535 Net Income for August
AMTRUST FINANCIAL: Ends August 2010 With $1,501 Cash
AMTRUST FINANCIAL: AmFin Insurance Ends August With $1.7MM Cash
AMTRUST FINANCIAL: AmFin Properties Ends August With $1,514 Cash
AMTRUST FINANCIAL: AmFin Real Estate Ends August With $2.4MM Cash

BROADSTRIPE LLC: Posts August Net Loss of $3 Million
GENERAL GROWTH: Reports $984,916,000 Net Loss for August
JEVIC TRANSPORTATION: Ends May 2010 With $474,893 Cash
JEVIC TRANSPORTATION: Ends June 2010 With $467,311 Cash
JEVIC TRANSPORTATION: Ends July 2010 With $472,098 Cash

MAJESTIC STAR: Ends August 2010 With $26 Million Cash
MIDDLEBROOK PHARMA: Ends August 2010 With $18.7 Million Cash
NEWPOWER HOLDINGS: Ends August 2010 With $414,000 Cash
OTC HOLDINGS: Files Initial Monthly Operating Report
SEA ISLAND: Posts $2.7MM Net Loss in Aug. 11 - August 31 Period

TROPICANA ENT: Adamar of NJ Has $4,884,000 Cash at End of August
WASHINGTON MUTUAL: Has $4.54 Billion Cash at August 31

                            *********

ABITIBIBOWATER INC: Reports $3,178,535 Net Income for August
------------------------------------------------------------

                AbitibiBowater Inc., et al.
                Consolidated Balance Sheet
                   As of August 31, 2010

ASSETS
Cash and cash equivalents                          $341,936,776
Receivables - Net                                   354,253,991
Inventories                                         253,044,693
Prepaid Expense and Other                            41,397,809
Notes Receivable from Affiliates                  3,613,661,021
Income Tax Receivable                                         -
Deferred Income Taxes                                         -
                                              -----------------
Total Current Assets                             4,604,300,210


Plant and Equipment                               5,263,571,514
Less Accumulated Depreciation                    (3,846,307,298)
                                              -----------------
Plant and Equipment, Net                         1,390,264,216

Goodwill/Intangible Assets                           55,750,915
Investment in Subsidiaries                       14,918,614,218
Other Assets                                        212,260,886
                                              -----------------
Total Assets                                   $21,181,190,445
                                              =================

LIABILITIES AND SHAREHOLDERS' EQUITY
Trade Accounts Payable                              $40,737,174
Accrued Liabilities                                 251,416,531
Current Portion of Long Term Debt                    40,000,000
Due to Affiliates                                   286,838,496
Income Tax Payable                                   (1,334,543)
                                              -----------------
Total Current Liabilities                          617,657,658

Long Term Debt                                                -
Reclassification to Current Portion                           -
                                              -----------------
Long Term Debt Net of Current Installments                   0

Loans from Affiliates                                         -
Other Liabilities                                   219,422,852
Deferred Income Taxes                              (172,387,370)

Liabilities Subject to Compromise
Debt                                             3,037,578,822
Debt - Affiliate                                 3,686,624,808
Accounts Payable                                    98,000,184
Other                                              719,602,277
                                              -----------------
Total Liabilities                                8,206,499,231

Shareholder Equity - Net                         12,974,691,214
                                              -----------------
Total Liabilities & Shareholders' Equity       $21,181,190,445
                                              =================

                AbitibiBowater Inc., et al.
            Consolidated Statement of Operations
           For the period from August 1 to 31, 2010

Sales - Net                                        $396,295,431
Cost of Sales                                       376,543,267
                                              -----------------
Gross Profit (Loss)                                 19,752,164

Operating Expenses
Selling, General and Administrative                  6,652,885
Research and Development                                     -
Restructuring and Other Costs                        8,129,083
                                              -----------------
  Total Operating Expenses                           14,781,968
                                              -----------------
Operating Income (Loss)                               4,970,196

Interest Income (Expense)                          (11,807,348)
Other Income (Expense) Net                          10,570,469
Equity in Earnings of Subsidiaries                    (586,449)
                                              -----------------
   Income Before Taxes                                3,146,868

Income Tax Expense                                       31,667
                                              -----------------
Net income before Discontinued Operations             3,178,535
Discontinued Operations                                      -
                                              -----------------
Net Income (Loss)                                    $3,178,535
                                              =================

                AbitibiBowater Inc., et al.
    Consolidated Schedule of Receipts and Disbursements
          For the period from August 1 to 31, 2010

Total Cash Receipts                               $346,492,000

Disbursements:
Payroll & Payroll Taxes                             33,128,000
Non-Payroll Labor                                    7,362,000
Raw Materials                                       68,058,000
Utilities                                           23,253,000
Freight                                             17,283,000
SG&A                                                12,855,000
Supplies                                            15,287,000
Rent                                                    81,000
Customer Rebates                                     1,766,000
Interest                                             7,309,000
Security Deposits                                            -
Taxes                                                        -
Other                                                6,393,000
                                              -----------------
Total Cash Disbursements                          $192,775,000
                                              =================

                      About AbitibiBowater Inc.

AbitibiBowater (OTC: ABWTQ) produces newsprint, commercial
printing papers, market pulp and wood products.  It is the eighth
largest publicly traded pulp and paper manufacturer in the world.
AbitibiBowater owns or operates 22 pulp and paper facilities and
26 wood products facilities located in the United States, Canada
and South Korea.  The Company also recycles old newspapers and
magazines.

The Company and several of its affiliates filed for protection
under Chapter 11 of the U.S. Bankruptcy Code on April 16, 2009
(Bankr. D. Del. Lead Case No. 09-11296).  The Company and its
Canadian affiliates commenced parallel restructuring proceedings
under the Companies' Creditors Arrangement Act before the Quebec
Superior Court Commercial Division the next day.  Alex F. Morrison
at Ernst & Young, Inc., was appointed CCAA monitor.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, serves as the
Debtors' U.S. bankruptcy counsel.  Stikeman Elliot LLP, acts as
the Debtors' CCAA counsel.  Young, Conaway, Stargatt & Taylor, in
Wilmington, Delaware, serves as the Debtors' co-counsel, while
Troutman Sanders LLP in New York, serves as the Debtors' conflicts
counsel in the Chapter 11 proceedings.  The Debtors' financial
advisors are Advisory Services LP, and their noticing and claims
agent is Epiq Bankruptcy Solutions LLC.  The CCAA Monitor's
counsel is Thornton, Grout & Finnigan LLP, in Toronto, Ontario.
Abitibi-Consolidated Inc. and various Canadian subsidiaries filed
for protection under Chapter 15 of the U.S. Bankruptcy Code on
April 17, 2009 (Bankr. D. Del. 09-11348).  Pauline K. Morgan,
Esq., and Sean T. Greecher, Esq., at Young, Conaway, Stargatt &
Taylor, in Wilmington, represent the Chapter 15 Debtors.

U.S. Bankruptcy Judge Kevin Carey handles the Chapter 11 cases of
AbitibiBowater Inc. and its U.S. affiliates and the Chapter 15
case of ACI, et al.

As of Sept. 30, 2008, the Company had $9,937,000,000 in total
assets and $8,783,000,000 in total debts.

Bankruptcy Creditors' Service, Inc., publishes AbitibiBowater
Bankruptcy News.  The newsletter provides gavel-to-gavel coverage
of the Chapter 11 proceedings and parallel proceedings under the
Companies' Creditors Arrangement Act in Canada undertaken by
Abitibibowater Inc. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000).


AMTRUST FINANCIAL: Ends August 2010 With $1,501 Cash
----------------------------------------------------
AmTrust Financial Corp., nka AmFin Financial Corporation, reported
a net loss of $6.2 million for August 2010.

At August 31, 2010, the Debtor had total assets of $158.1 million,
total postpetition liabilities of $2.3 million, total prepetition
liabilities of $156.9 million, and a stockholders' deficit of
$1.1 million.  The Debtor ended the period with $1,501 in cash,
from $85,039 at July 31, 2010.

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

    http://bankrupt.com/misc/amfinfinancial.august2010mor.pdf

AmTrust Financial, together with affiliates that include AmTrust
Management Inc., filed for Chapter 11 bankruptcy protection on
November 30, 2009 (Bankr. N.D. Ohio Case No. 09-21323).  G.
Christopher Meyer, Esq., and Sherri Lynn Dahl, Esq., at Squire
Sanders & Dempsey L.L.P., assist the Debtors in their
restructuring effort.  Kurtzman Carson Consultants serves as
claims and notice agent.  Attorneys at Hahn Loeser & Parks LLP
serve as counsel to the Official Committee of Unsecured Creditors.

AmTrust Management estimated $100 million to $500 million in
assets and liabilities in its Chapter 11 petition.

AmTrust Bank was not part of the Chapter 11 filings.  On Dec. 4,
2009, AmTrust Bank was closed by regulators, and the Federal
Deposit Insurance Corporation was named receiver.  New York
Community Bank, Westbury, New York, assumed all of the deposits of
AmTrust Bank, pursuant to a deal with the FDIC.


AMTRUST FINANCIAL: AmFin Insurance Ends August With $1.7MM Cash
---------------------------------------------------------------
AmTrust Insurance Agency Inc., nka AmFin Insurance Agency Inc.,
reported a net loss of $8,774 for August 2010.

At August 31, 2010, the Company had total assets of $1.8 million,
total postpetition liabilities of $139,915, total prepetition
liabilities of $902,146, and stockholders' equity of $739,930.
The Debtor ended the period with $1,746,902 in cash, from
$1,746,051 at July 31, 2010.

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

    http://bankrupt.com/misc/amfininsurance.august2010mor.pdf

AmTrust Financial, together with affiliates that include AmTrust
Management Inc., filed for Chapter 11 bankruptcy protection on
November 30, 2009 (Bankr. N.D. Ohio Case No. 09-21323).  G.
Christopher Meyer, Esq., and Sherri Lynn Dahl, Esq., at Squire
Sanders & Dempsey L.L.P., assist the Debtors in their
restructuring effort.  Kurtzman Carson Consultants serves as
claims and notice agent.  Attorneys at Hahn Loeser & Parks LLP
serve as counsel to the Official Committee of Unsecured Creditors.

AmTrust Management estimated $100 million to $500 million in
assets and liabilities in its Chapter 11 petition.

AmTrust Bank was not part of the Chapter 11 filings.  On Dec. 4,
2009, AmTrust Bank was closed by regulators, and the Federal
Deposit Insurance Corporation was named receiver.  New York
Community Bank, Westbury, New York, assumed all of the deposits of
AmTrust Bank, pursuant to a deal with the FDIC.


AMTRUST FINANCIAL: AmFin Properties Ends August With $1,514 Cash
----------------------------------------------------------------
AmTrust Properties Inc., nka AmFin Properties Inc., had no income
and expense transactions for August 2010.

At August 31, 2010, the Company had total assets of $1.7 million,
total postpetition liabilities of $1,000, total prepetition
liabilities of $7.6 million, and a stockholders' deficit of
$5.9 million.  The Debtor ended the period with $1,514 in cash,
unchanged from July 31, 2010.

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

    http://bankrupt.com/misc/amfinproperties.august2010mor.pdf

AmTrust Financial, together with affiliates that include AmTrust
Management Inc., filed for Chapter 11 bankruptcy protection on
November 30, 2009 (Bankr. N.D. Ohio Case No. 09-21323).  G.
Christopher Meyer, Esq., and Sherri Lynn Dahl, Esq., at Squire
Sanders & Dempsey L.L.P., assist the Debtors in their
restructuring effort.  Kurtzman Carson Consultants serves as
claims and notice agent.  Attorneys at Hahn Loeser & Parks LLP
serve as counsel to the Official Committee of Unsecured Creditors.

AmTrust Management estimated $100 million to $500 million in
assets and liabilities in its Chapter 11 petition.

AmTrust Bank was not part of the Chapter 11 filings.  On Dec. 4,
2009, AmTrust Bank was closed by regulators, and the Federal
Deposit Insurance Corporation was named receiver.  New York
Community Bank, Westbury, New York, assumed all of the deposits of
AmTrust Bank, pursuant to a deal with the FDIC.


AMTRUST FINANCIAL: AmFin Real Estate Ends August With $2.4MM Cash
-----------------------------------------------------------------
AmTrust Real Estate Investments Inc., nka AmFin Real Estate
Investments Inc., reported a net loss of $27,553 for August 2010.

At August 31, 2010, the Company had total assets of
$156.6 million, total postpetition liabilities of $577,040, total
prepetition liabilities of $138.2 million, and stockholders'
equity of $17.8 million.  The Debtor ended the period with
$2.4 million in cash, from $2.3 million at July 31, 2010.

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

    http://bankrupt.com/misc/amfinrealestate.august2010mr.pdf

AmTrust Financial, together with affiliates that include AmTrust
Management Inc., filed for Chapter 11 bankruptcy protection on
November 30, 2009 (Bankr. N.D. Ohio Case No. 09-21323).  G.
Christopher Meyer, Esq., and Sherri Lynn Dahl, Esq., at Squire
Sanders & Dempsey L.L.P., assist the Debtors in their
restructuring effort.  Kurtzman Carson Consultants serves as
claims and notice agent.  Attorneys at Hahn Loeser & Parks LLP
serve as counsel to the Official Committee of Unsecured Creditors.

AmTrust Management estimated $100 million to $500 million in
assets and liabilities in its Chapter 11 petition.

AmTrust Bank was not part of the Chapter 11 filings.  On Dec. 4,
2009, AmTrust Bank was closed by regulators, and the Federal
Deposit Insurance Corporation was named receiver.  New York
Community Bank, Westbury, New York, assumed all of the deposits of
AmTrust Bank, pursuant to a deal with the FDIC.


BROADSTRIPE LLC: Posts August Net Loss of $3 Million
----------------------------------------------------
Bill Rochelle, the bankruptcy columnist for Bloomberg News,
reports that Broadstripe LLC reported a $3.02 million net loss in
August on revenue of $7.63 million.  For the month, depreciation
and amortization was $2.29 million.  Interest expense was
$1.84 million. The balance sheet had $4.45 million in cash at the
end of August, compared with $5.02 million at the end of July.

Headquartered in Chesterfield, Missouri, Broadstripe LLC --
http://www.broadstripe.com/-- provides videos and telephone
services to consumers and business in Maryland, Michigan,
Washington and Oregon.  The Company and five of its affiliates
filed for Chapter 11 protection (Bankr. D. Del. Case No. 09-10006)
on Jan. 2, 2009.  Attorneys at Ashby & Geddes, and Gardere
Wynne Sewell LLP represent the Debtors in their restructuring
efforts.  The Debtors tapped FTI Consulting Inc. as their
restructuring consultant, and Epiq Bankruptcy Consultants LLC as
their claims agent.  In its petition, Broadstripe estimated assets
and debts between $100 million and $500 million.

Broadstripe has been in Chapter 11 more than 18 months thus any
creditor can file a plan.


GENERAL GROWTH: Reports $984,916,000 Net Loss for August
--------------------------------------------------------

                    General Growth Properties, Inc.
                  Consolidated Condensed Balance Sheet
                        As of August 31, 2010

Assets
Investment in real estate:
Land                                            $2,903,493,000
Buildings and equipment                         18,900,041,000
Less accumulated depreciation                   (4,068,173,000)
Developments in progress                           356,758,000
                                              -----------------
    Net property and equipment                   18,092,119,000

Investment in and loans to/from Unconsolidated
Real Estate Affiliates                             381,010,000
Investment property and property held for
development and sale                             1,329,984,000
Investment in controlled non-debtor entities     4,126,754,000
                                              -----------------
    Net investment in real estate                23,929,867,000

Cash and cash equivalents                           572,289,000
Accounts and notes receivable, net                  309,633,000
Goodwill                                            199,664,000
Deferred expenses, net                              195,133,000
Prepaid expenses and other assets                   588,607,000
                                              -----------------
  Total assets                                  $25,795,193,000
                                              =================

Liabilities and Equity:
Mortgages, notes and loans payable              $14,267,831,000
Investment in and loans to/from Unconsolidated
Real Estate Affairs                                 32,806,000
Deferred tax liabilities                            831,438,000
Accounts payable and accrued expenses             1,120,614,000
                                              -----------------
Liabilities not subject to compromise           16,252,689,000
                                              -----------------
Liabilities subject to compromise                7,818,747,000
                                              -----------------
Total liabilities                               24,071,436,000
                                              -----------------

Redeemable noncontrolling interests:
Preferred                                          120,756,000
Common                                              17,395,000
                                              -----------------
Total redeemable noncontrolling interests          138,151,000
                                              -----------------

Equity:
Common stock                                         3,188,000
Additional paid-in capital                       3,850,650,000
Retained earnings (accumulated deficit)         (2,213,394,000)
Accumulated other comprehensive loss                 4,768,000
Less common stock in treasury, at cost             (76,752,000)
                                              -----------------
Total stockholder's equity                       1,568,460,000

Noncontrolling interests in consolidated
real estate affiliates                              17,146,000
                                              -----------------
Total equity                                     1,585,606,000
                                              -----------------
  Total liabilities and equity                  $25,795,193,000
                                              =================

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

Revenues:
Minimum rents                                   $2,277,476,000
Tenant recoveries                                1,022,169,000
Overage rents                                       58,542,000
Land sales                                          71,282,000
Management fees and other corporate revenues        13,871,000
Other                                               90,110,000
                                              -----------------
  Total revenues                                  3,533,450,000
                                              -----------------
Expenses:
Real estate taxes                                  327,669,000
Property maintenance costs                         139,147,000
Marketing                                           40,696,000
Ground and other rents                              19,407,000
Other property operating costs                     594,222,000
Land sales operations                              141,735,000
Provision for doubtful accounts                     30,876,000
Property management and other costs                135,493,000
General and administrative                          67,112,000
Provisions for impairment                          830,420,000
Depreciation and amortization                      821,994,000
                                              -----------------
  Total expenses                                  3,148,771,000
                                              -----------------
Operating income (loss)                             384,679,000

Interest (expense) income, net                   (1,578,753,000)
                                              -----------------
Loss before income taxes, noncontrolling
interests, equity in income of Unconsolidated
Real Estate Affiliates and reorganization
items                                           (1,194,074,000)
Benefit (provision) for income taxes                (22,126,000)
Equity in income of Unconsolidated Real Estate
Affiliates                                         130,349,000
Reorganization items                                 95,889,000
                                              -----------------
Net loss                                           (989,951,000)

Allocation to noncontrolling interests                5,035,000
                                              -----------------
Net (loss) income attributable to common
Stockholders                                     ($984,916,000)
                                              =================

The Debtors disclosed that for the month ended July 31, 2010, they
paid a total of $9,171,000 to about 29 bankruptcy professionals,
with $3,164,000 going to AlixPartners, LLP, as the
Debtors' restructuring advisor.

A full-text copy of the August 2010 MOR is available for free
at http://bankrupt.com/misc/ggp_aug2010mor.pdf

                       About General Growth

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

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

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


JEVIC TRANSPORTATION: Ends May 2010 With $474,893 Cash
------------------------------------------------------
Jevic Transportation, Inc., filed with the U.S. Bankruptcy Court
for the District of Delaware on August 13, 2010, its monthly
operating report for May 2010.

The Debtor reported net income of $70,647 for the period.

At May 31, 2010, the Debtor had total assets of $678,875, total
liabilities of $12.2 million, and a stockholders' deficit of
$11.5 million.  The Debtor ended the period with $474,893 in cash,
which includes $66,977 of restricted cash.

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

   http://bankrupt.com/misc/jevictransportation.may2010mor.pdf

                    About Jevic Transportation

Based in Delanco, New Jersey, Jevic Transportation Inc. --
http://www.jevic.com/-- provided trucking services.  Two
affiliates -- Jevic Holding Corp. and Creek Road Properties --
have no assets or operations.  The three debtors sought Chapter 11
protection (Bankr. D. Del. Case No. 08-11008) on May 20, 2008.
Domenic E. Pacitti, Esq., and Michael W. Yurkewicz, Esq., at Klehr
Harrison Harvey Branzburg & Ellers, in Wilmington, Del., represent
the Debtors.  The U.S. Trustee for Region 3 has appointed five
creditors to serve on an Official Committee of Unsecured
Creditors.  Robert J. Feinstein, Esq., Bruce Grohsgal, Esq., and
Maria A. Bove, Esq., at Pachulski Stang Ziehl & Jones LLP, in
Wilmington, Del., represent the Official Committee of Unsecured
Creditors.

Before filing for bankruptcy, the Debtors initiated an orderly
wind-down process.  As a part of the wind-down process, the
Debtors ceased substantially all of their business and
terminated approximately 90% of their employees.  The Debtors
continue to manage the wind-down process in an attempt to
deliver all freight in their system and to retrieve their
assets.

When the Debtors sought protection from their creditors, they
estimated assets and debts between $50 million and $100 million.


JEVIC TRANSPORTATION: Ends June 2010 With $467,311 Cash
-------------------------------------------------------
Jevic Transportation, Inc., filed with the U.S. Bankruptcy Court
for the District of Delaware on August 17, 2010, its monthly
operating report for June 2010.

The Debtor reported a net loss of $7,583 for the period.

At June 30, 2010, the Debtor had total assets of $671,292, total
liabilities of $12.2 million, and a stockholders' deficit of
$11.5 million.  The Debtor ended the period with $467,311 in cash,
which includes $66,977 of restricted cash.

A full-text copy of the Debtor's monthly operating report for the
month ended June 30, 2010, is available at no charge at:

   http://bankrupt.com/misc/jevictransportation.june2010mor.pdf

                    About Jevic Transportation

Based in Delanco, New Jersey, Jevic Transportation Inc. --
http://www.jevic.com/-- provided trucking services.  Two
affiliates -- Jevic Holding Corp. and Creek Road Properties --
have no assets or operations.  The three debtors sought Chapter 11
protection (Bankr. D. Del. Case No. 08-11008) on May 20, 2008.
Domenic E. Pacitti, Esq., and Michael W. Yurkewicz, Esq., at Klehr
Harrison Harvey Branzburg & Ellers, in Wilmington, Del., represent
the Debtors.  The U.S. Trustee for Region 3 has appointed five
creditors to serve on an Official Committee of Unsecured
Creditors.  Robert J. Feinstein, Esq., Bruce Grohsgal, Esq., and
Maria A. Bove, Esq., at Pachulski Stang Ziehl & Jones LLP, in
Wilmington, Del., represent the Official Committee of Unsecured
Creditors.

Before filing for bankruptcy, the Debtors initiated an orderly
wind-down process.  As a part of the wind-down process, the
Debtors ceased substantially all of their business and
terminated approximately 90% of their employees.  The Debtors
continue to manage the wind-down process in an attempt to
deliver all freight in their system and to retrieve their
assets.

When the Debtors sought protection from their creditors, they
estimated assets and debts between $50 million and $100 million.


JEVIC TRANSPORTATION: Ends July 2010 With $472,098 Cash
-------------------------------------------------------
Jevic Transportation, Inc., filed with the U.S. Bankruptcy Court
for the District of Delaware on September 14, 2010, its monthly
operating report for July 2010.

The Debtor reported net income of $4,788 for the period.

At July 31, 2010, the Debtor had total assets of $676,080, total
liabilities of $12.2 million, and a stockholders' deficit of
$11.5 million.  The Debtor ended the period with $472,098 in cash,
which includes restricted cash of $66,977.


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

   http://bankrupt.com/misc/jevictransportation.july2010mor.pdf

                    About Jevic Transportation

Based in Delanco, New Jersey, Jevic Transportation Inc. --
http://www.jevic.com/-- provided trucking services.  Two
affiliates -- Jevic Holding Corp. and Creek Road Properties --
have no assets or operations.  The three debtors sought Chapter 11
protection (Bankr. D. Del. Case No. 08-11008) on May 20, 2008.
Domenic E. Pacitti, Esq., and Michael W. Yurkewicz, Esq., at Klehr
Harrison Harvey Branzburg & Ellers, in Wilmington, Del., represent
the Debtors.  The U.S. Trustee for Region 3 has appointed five
creditors to serve on an Official Committee of Unsecured
Creditors.  Robert J. Feinstein, Esq., Bruce Grohsgal, Esq., and
Maria A. Bove, Esq., at Pachulski Stang Ziehl & Jones LLP, in
Wilmington, Del., represent the Official Committee of Unsecured
Creditors.

Before filing for bankruptcy, the Debtors initiated an orderly
wind-down process.  As a part of the wind-down process, the
Debtors ceased substantially all of their business and
terminated approximately 90% of their employees.  The Debtors
continue to manage the wind-down process in an attempt to
deliver all freight in their system and to retrieve their
assets.

When the Debtors sought protection from their creditors, they
estimated assets and debts between $50 million and $100 million.


MAJESTIC STAR: Ends August 2010 With $26 Million Cash
-----------------------------------------------------
The Majestic Star Casino, LLC, reported a net loss of $2.6 million
on net revenues of $7.6 million for August 2010.

At August 31, 2010, the Company had $292.8 million in total
assets, $790.2 million in total liabilities, and a member's
deficit of $497.4 million.  The Debtor ended the period with
$26.0 million in cash and cash equivalents, which includes
$15.2 million of restricted cash.  This compares with
$25.1 million in cash and cash equivalents at July 31, 2010,
which includes $14.6 million of restricted cash.

A copy of the Company's August 2010 monthly operating report is
available at:

     http://bankrupt.com/misc/majesticstar.august2010mor.pdf

                      About Majestic Star

The Majestic Star Casino, LLC -- aka Majestic Star Casino, aka
Majestic Star -- is based in Las Vegas, Nevada.  It is a wholly
owned subsidiary of Majestic Holdco, LLC, which is a wholly owned
subsidiary of Barden Development, Inc.  The Company was formed on
December 8, 1993, as an Indiana limited liability company to
provide gaming and related entertainment to the public.  The
Company commenced gaming operations in the City of Gary at
Buffington Harbor, located in Lake County, Indiana on June 7,
1996.  The Company is a multi-jurisdictional gaming company with
operations in three states -- Indiana, Mississippi and Colorado.

The Company filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 09-14136) on November 23, 2009.

The Company's affiliates -- The Majestic Star Casino II, Inc., The
Majestic Star Casino Capital Corp., Majestic Star Casino Capital
Corp. II, Barden Mississippi Gaming, LLC, Barden Colorado Gaming,
LLC, Majestic Holdco, LLC, and Majestic Star Holdco, Inc. -- also
filed separate Chapter 11 petitions.

Kirkland & Ellis LLP is the Debtors' bankruptcy counsel.  James E.
O'Neill, Esq., Laura Davis Jones, Esq., and Timothy P. Cairns,
Esq., at Pachulski Stang Ziehl & Jones LLP are the Debtors'
Delaware counsel.  Xroads Solutions Group, LLC, is the Debtors'
financial advisor, while EPIQ Bankruptcy Solutions LLC are the
Debtors' claims and notice agent.

The Majestic Star Casino's balance sheet at June 30, 2009, showed
total assets of $406.42 million and total liabilities of
$749.55 million.  When it filed for bankruptcy, the Company
estimated up to $500 million in assets and up to $1 billion in
debts.


MIDDLEBROOK PHARMA: Ends August 2010 With $18.7 Million Cash
------------------------------------------------------------
MiddleBrook Pharmaceuticals, Inc., reported a net loss of
$1.3 million on ($26,382) of net revenue for August 2010.

At August 31, 2010, the Company had $20.4 million in total assets,
$21.8 million in total liabilities, and a stockholders' deficit of
$1.4 million.  The Company ended August with $18.7 million in
cash, from $17.6 million at the beginning of the period.

A full-text copy of the monthly operating report is available for
free at http://bankrupt.com/misc/middlebrook.august2010mor.pdf

                 About MiddleBrook Pharmaceuticals

Westlake, Texas-based Middlebrook Pharmaceuticals, Inc., aka
Advancis Pharmaceuticals Corporation, is a pharmaceutical company
focused on commercializing anti-infective products that fulfill
unmet medical needs.  MiddleBrook's proprietary delivery
technology, PULSYS, enables the pulsatile delivery, or delivery in
rapid bursts, of certain drugs.  MiddleBrook currently markets
MOXATAG, the first and only FDA-approved once-daily amoxicillin,
and KEFLEX, the immediate-release brand of cephalexin.

The Company filed for Chapter 11 bankruptcy protection on
April 30, 2010 (Bankr. D. Del. Case No. 10-11485).  Joel A. Waite,
Esq., at Young, Conaway, Stargatt & Taylor, assists the Company in
its restructuring effort.  The Company estimated its assets and
debts at $10 million to $50 million.


NEWPOWER HOLDINGS: Ends August 2010 With $414,000 Cash
-----------------------------------------------------
NewPower Holdings, Inc., filed its monthly operating report for
the period July 31, 2010, to August 31, 2010, with the Bankruptcy
Court on October 5, 2010.

The Debtor had an opening cash balance of $429,000 and an ending
cash balance of $414,000.

A full-text copy of the Debtor's August 2010 operating report
is available for free at http://researcharchives.com/t/s?6c72

                     About NewPower Holdings

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

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

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


OTC HOLDINGS: Files Initial Monthly Operating Report
----------------------------------------------------
OTC Holdings Corporation filed with the Bankruptcy Court an
initial monthly operating report on September 7, 2010.  Per
agreement of the U.S. Trustee, the Debtors provided the 13-week
cash flow projections submitted to the Debtor-in-Possession.

A copy of the initial monthly operating report is available for
free at http://bankrupt.com/misc/otcholdings.initialmor.pdf

                        About OTC Holdings

Omaha, Nebraska-based OTC Holdings Corporation filed for Chapter
11 protection on August 25, 2010 (Bankr. D. Del. Case No. 10-
12636).  Affiliates OTC Investors Corporation (Bankr. D. Del. Case
No. 10-12637), Oriental Trading Company, Inc. (Bankr. D. Del. Case
No. 10-12638), Fun Express, Inc. (Bankr. D. Del. Case No. 10-
12639), and Oriental Trading Marketing, Inc. (Bankr. D. Del. Case
No. 10-12640), filed separate Chapter 11 petitions on August 25,
2010.  The Debtors disclosed $463 million in total assets and
$757 million in total liabilities as of the Petition Date.

Richard Hahn, Esq., My Chi To, Esq., Jae-Sun Chung, Esq., Huyue
Angela Zhang, Esq., and Jessica Katz, Esq., at Debevoise &
Plimpton LLP, assist the Debtors in their restructuring efforts.
Joel A. Waite, Esq., and Kenneth J. Enos, Esq., at Young, Conaway,
Stargatt & Taylor, serve as the Debtors' local counsel.  Jefferies
& Company, Inc., is the Debtors' financial advisor.  Protiviti,
Inc., is the Debtors' restructuring consultant.  Kurtzman Carson
Consultants LLC is the Debtors' claims agent.

The Official Committee of Unsecured Creditors' Delaware counsel is
Ashby & Geddes, P.A.


SEA ISLAND: Posts $2.7MM Net Loss in Aug. 11 - August 31 Period
---------------------------------------------------------------
Sea Island Company reported a net loss of $2.7 million on total
revenue of $6.0 million for the period from August 11, 2010,
through August 31, 2010.

The Debtor's balance sheet at August 31, 2010, showed
$531.0 million in assets, $811.1 million in liabilities, and a
stockholders' deficit of $280.1 million.

The Debtor ended the period with $16.7 million in cash.

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

   http://bankrupt.com/misc/seaisland.aug11-aug31.2010.mor.pdf

                         About Sea Island

St. Simons Island, Georgia-based Sea Island Company --
http://www.seaisland.com/-- aka Sea Island Shooting School, Sea
Island Yacht Club, Sea Island Stables, and Cabin Bluff, is a
private resort and real estate development company founded in
1926.  Sea Island Company owns and operates Sea Island Resorts,
featuring two of the world's most exceptional destinations: the
Forbes Five-Star Cloister at Sea Island and The Lodge at Sea
Island.

Sea Island filed for Chapter 11 protection on August 10, 2010
(Bankr. S.D. Ga. Case No. 10-21034).  Sea Island filed a Chapter
11 plan based upon an agreement to sell substantially all of its
assets to Sea Island Acquisition LP, a limited partnership formed
by investment funds managed by the global investment firms Oaktree
Capital Management, L.P., and Avenue Capital Group.

Sarah R. Borders, Esq., Harris Winsberg, Esq., Sarah L. Taub,
Esq., and Jeffrey R. Dutson, Esq., at King & Spalding LLP, assist
the Debtor in its restructuring effort.  Robert M. Cunningham,
Esq., at Gilbert, Harrell, Sumerford & Martin PC, is the Debtor's
co-counsel. FTI Consulting, Inc., is the Debtor's restructuring
advisor.  EPIQ Bankruptcy Solutions, LLC, is the Debtor's claims
and notice agent.

Donald F. Walton, the U.S. Trustee for Region 21, appointed seven
members to the official committee of unsecured creditors in the
Chapter 11 cases of Sea Island Company, et al.  The official
committee of unsecured creditors has retained Jordi Guso, Esq. and
Berger Singerman, P.A. as its counsel.  The Debtor estimated its
assets and debts at $500 million to $1 billion as of the Petition
Date.

Affiliates Sea Island Coastal Properties, LLC; Sea Island
Services, Inc.; Sea Island Resort Residences, LLC; Sea Island
Apparel, LLC; First Sea Island, LLC; and Sical, LLC, filed
separate Chapter 11 petitions on August 10, 2010.


TROPICANA ENT: Adamar of NJ Has $4,884,000 Cash at End of August
----------------------------------------------------------------

                   Adamar of New Jersey, Inc.
                DBA Tropicana Casino and Resort
                  Consolidated Balance Sheet
                     As of August 31, 2010

                             ASSETS

Current Assets
Cash and cash equivalents                          $4,884,000
Receivables, gaming, hotel and other, net                   0
Inventories                                                 0
Prepaid expenses and other                                  0
Deferred income taxes                                       0
                                                --------------
Total current assets                                 4,884,000

Property and equipment, at cost, net                         0

Investments                                                  0
Tenant allowances and other assets                           0
                                                --------------
TOTAL ASSETS                                        $4,884,000
                                                ==============

              LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities
Accounts payable and accruals                      $2,380,000
Accrued payroll and employee benefits                       0
Current portion of long-term debt                           0
Casino reinvestment obligation                              0
Advances from TE and other affiliates, net                  0
Advances from NJ affiliates, net                            0
Other current liabilities                                   0
Liabilities subject to compromise                   9,560,000
                                                --------------
Total current liabilities                           11,940,000

Long-term debt, net of current portion                       0
Deferred income taxes                                        0
                                                --------------
Total Liabilities                                   11,940,000

Stockholders' Equity
Common stock, no par value (100 shares                      0
   authorized, issued and outstanding)
Paid-in capital                                             0
Accumulated deficit                                (7,057,000)
                                                --------------
Total shareholders' equity                          (7,057,000)
                                                --------------
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY            $4,884,000
                                                ==============

                   Adamar of New Jersey, Inc.
                DBA Tropicana Casino and Resort
              Consolidated Statement of Operations
              For the Month Ended August 31, 2010

Revenues
Casino                                                     $0
Rooms                                                       0
Food and beverage                                           0
Other                                                       0
                                                --------------
Total revenues                                               0
                                                --------------

Costs and Expenses
Casino                                                      0
Rooms                                                       0
Food and beverage                                           0
Other                                                   1,000
Marketing                                                   0
General and administrative                                  0
Utilities                                                   0
Repairs and maintenance                                     0
Provision for doubtful accounts                             0
Property taxes and insurance                                0
Rent                                                        0
Rent to New Jersey affiliate                                0
Depreciation and amortization                               0
Reorganization expense                                 65,000
                                                --------------
Total                                                   66,000

Operating profit (loss)                                (66,000)

License denial expense                                       0
Interest income, net                                     4,000
Interest expense                                             0
                                                --------------
Income before income taxes                             (62,000)
Income taxes benefit/(provision)                             0
                                                --------------
NET (LOSS)                                            ($62,000)
                                                ==============

                   Adamar of New Jersey, Inc.
                DBA Tropicana Casino and Resort
                          Cash Flows
              For the Month Ended August 31, 2010


Beginning cash                                      $4,926,000

Disbursements:
Claims settlement                                       1,000
Professional fees disbursements                        35,000
UST fees                                               10,000
                                                --------------
Total disbursements                                     45,000

Interest income                                          4,000
                                                --------------
Ending Cash                                         $4,884,000
                                                ==============

                   About Tropicana Entertainment

Tropicana Entertainment LLC and its units owned eleven casino
properties in eight distinct gaming markets with premier
properties in Las Vegas, Nevada, and Atlantic City, New Jersey.

Tropicana Entertainment LLC and certain affiliates filed for
Chapter 11 protection on May 5, 2008 (Bankr. D. Del. Case No. 08-
10856).  Kirkland & Ellis LLP and Mark D. Collins, Esq., at
Richards Layton & Finger, represent the Debtors in their
restructuring efforts.  Their financial advisor is Lazard Ltd.
Their notice, claims, and balloting agent is Kurtzman Carson
Consultants LLC.  Epiq Bankruptcy Solutions LLC is the Debtors'
Web site administration agent.  AlixPartners LLP is the Debtors'
restructuring advisor.  Stroock & Stroock & Lavan LLP and Morris
Nichols Arsht & Tunnell LLP represent the Official Committee of
Unsecured Creditors in this case.  Capstone Advisory Group LLC is
financial advisor to the Creditors' Committee.

The OpCo Debtors, a group of Tropicana entities owning casinos and
resorts in Atlantic City, New Jersey and Evansville, Indiana
obtained confirmation from the Bankruptcy Court of a
reorganization plan.  On April 29, 2009, non-debtor units of the
OpCo Debtors, designated as the New Jersey Debtors -- Adamar of
New Jersey, Inc., and its affiliate, Manchester Mall, Inc. --
filed for Chapter 11 (Bankr. D. N.J. Lead Case No. 09- 20711) to
effectuate a sale of the Atlantic City Resort and Casino to a
group of Investors-led by Carl Icahn.   Judge Judith H. Wizmur
presides over the cases.  Manchester Mall is a wholly owned
subsidiary of Adamar that owns and operates certain real property
utilized in the New Jersey Debtors' business operations.
Effective March 8, Tropicana Entertainment successfully emerged
from the Chapter 11 reorganization process as an Carl Icahn-owned
entity.

A group of Tropicana entities, known as the LandCo Debtors, which
own Tropicana casino property in Las Vegas, have obtained approval
of a separate Chapter 11 plan.

Ilana Volkov, Esq., and Michael D. Sirota, Esq., at Cole, Schotz,
Meisel, Forman & Leonard, in Hackensack, New Jersey, represented
the New Jersey Debtors.  Kurtzman Carson Consultants LLC acts as
their claims and notice agent.  Adamar disclosed $500 million to
$1 billion both in total assets and debts in its petition.
Manchester Mall disclosed $1 million to $10 million in total
assets, and less than $50,000 in total debts in its petition.

Debtors Adamar of New Jersey Inc. and Manchester Mall Inc. have
merged into Adamar of NJ In Liquidation, LLC.  The merger and name
change is in accordance with an Amended and Restated Purchase
Agreement, which governs the sale and transfer of the operations
of the Tropicana Casino and Resort - Atlantic City, including
substantially all of the New Jersey Debtors' assets, to Tropicana
Entertainment Inc., Tropicana Atlantic City Corp., and Tropicana
AC Sub Corp., free and clear of any and all liens, claims and
encumbrances.

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


WASHINGTON MUTUAL: Has $4.54 Billion Cash at August 31
------------------------------------------------------

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

ASSETS
Unrestricted cash and cash equivalent           $4,536,894,109
Restricted cash and cash equivalents                91,613,897
Investment securities                               72,331,501
Accrued interest receivable                            995,292
Income tax receivable                              475,509,207
Prepaid expenses                                     2,665,710
Cash surrender value of BOLI/COLI                   44,395,006
Funded Pension                                      39,173,922
Other investments                                            -
Investment in subsidiaries                       1,486,246,364
Notes receivable, intercompany                      12,891,506
Fixed assets                                           181,163
Other assets                                        97,045,182
                                               ----------------
Total Assets                                     $6,859,942,858
                                               ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                    $5,745,754
Accrued wages and benefits                           1,046,947
Other accrued liabilities                           15,690,357
Minority interest                                    1,114,734
                                               ----------------
Total Postpetition Liabilities                      23,597,792

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                                      550,769,514
Payroll and benefit accruals                       386,847,225
Other accrued liabilities                           76,456,255
Other prepetition liabilities                              198
                                               ----------------
Total Prepetition Liabilities                    8,267,209,961
                                               ----------------
Total Liabilities                                8,290,807,753

SHAREHOLDERS' EQUITY

Preferred stock                                  3,392,341,954
Common stock                                    12,988,753,556
Other comprehensive income                        (753,806,933)
Retained earnings - prepetition                (16,742,191,966)
Retained earnings - postpetition                  (315,961,506)
                                               ----------------
Total Shareholders' Equity                      (1,430,864,895)
                                               ----------------
Total Liabilities and Shareholders' Equity       $6,859,942,858
                                               ================

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

REVENUES
Interest income:
Cash equivalents                                      $759,627
Securities                                             241,128
Notes receivable - intercompany                         49,576
Other                                                      155
                                               ----------------
Total Interest Income                                1,050,486

Earnings (losses) from subsidiaries and
other equity investments                             3,736,621
Gains (losses) from securities/investments             (42,114)
Other income                                           324,617
                                               ----------------
Total Revenues                                       5,069,610

OPERATING EXPENSES
Compensation and benefits                              438,582
Occupancy and equipment                                 80,542
Professional fees                                      457,558
Loss/(Income) from BOLI/COLI policies                  (36,436)
Management fees/transition services                    (55,454)
Insurance                                              187,500
Other                                                  145,098
                                               ----------------
Total Operating Expenses                             1,217,389

Net profit (loss) before other income
and expenses                                         3,852,222

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

Other expense/(income)                                       -
                                               ----------------
Net profit (loss) before
reorganization items                                 3,852,222

REORGANIZATION ITEMS
Professional fees                                    8,405,019
Claims adjustments                                     187,500
U.S. Trustee quarterly fees                              7,000
Gains (losses) from sale of assets                           -
Other reorganization expenses                        1,564,916
                                               ----------------
Total Reorganization Items                          10,164,435

Net profit (loss) before income taxes                (6,312,213)
                                               ----------------
Income taxes                                                  -
                                               ----------------
NET PROFIT (LOSS)                                   ($6,312,213)
                                               ================

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

Opening Balance 07/31/10                         $3,960,000,859

RECEIPTS
Interest & investment returns                          649,384
Tax refunds                                            356,885
Reimbursements/distributions from subs                       -
Sales of assets/securities                                   -
Other miscellaneous receipts                             4,155
                                               ----------------
Total Receipts                                        1,010,423

TRANSFERS
Sweep to/(from) Money Market account                         -
Sweep (to)from Wells Managed account                25,000,000
                                               ----------------
Total Transfers                                      25,000,000

DISBURSEMENTS
Salaries and benefits                                  323,635
Travel and other expenses                               30,846
Occupancy and supplies                                 107,439
Professional fees                                   11,433,337
Other outside services                                 414,247
Bank fees                                               20,799
U.S. trustee quarterly fees                             30,000
Directors fees                                          60,000
Taxes paid                                             181,389
                                               ----------------
Total Disbursements                                  12,601,692
                                               ----------------
Net Cash Flow                                        13,408,731
                                               ----------------
Cash - End of Month                               3,973,409,589

GL Balance                                        3,973,409,588

Net value -- Short Term Securities                  563,484,521
                                               ----------------
Total Cash and Cash Equivalents                  $4,536,894,109
                                               ================

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

ASSETS
Unrestricted cash and cash equivalents            $275,637,567
Restricted cash and cash equivalents                         -
Investment Securities                                        -
Accrued interest receivable                              4,998
Income tax receivable                               22,187,560
Prepaid expenses                                             -
Cash surrender value of BOLI/COLI                            -
Funded Pension                                               -
Other investments                                   57,752,966
Investment in subsidiaries                                   -
Notes receivable, intercompany                     565,844,197
Fixed Assets                                                 -
Other assets                                                 -
                                               ----------------
Total Assets                                       $921,427,289
                                               ================

LIABILITIES NOT SUBJECT TO COMPROMISE
Accounts payable                                             -
Accrued wages and benefits                                   -
Other accrued liabilities                               14,825
Minority interest                                            -
                                               ----------------
Total Postpetition Liabilities                          14,825

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                                       14,825

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                  (114,908,357)
                                               ----------------
Total Shareholders' Equity                         921,412,464
                                               ----------------
Total Liabilities and Shareholders' Equity         $921,427,289
                                               ================

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

REVENUES
Interest income:
Cash equivalents                                       $45,095
Securities                                                   -
Notes receivable - intercompany                              -
Other                                                        -
                                               ----------------
Total Interest Income                                   45,095

Earnings (losses) from subsidiaries and
other equity investments                               (41,563)
Gains (losses) from securities/investments                   3
Other income                                                 -
                                               ----------------
Total Revenues                                           3,535

OPERATING EXPENSES
Compensation and benefits                                    -
Occupancy and equipment                                      -
Professional fees                                            -
Loss/(Income) from BOLI/COLI policies                        -
Management fees/transition services                          -
Insurance                                                    -
Other                                                   14,528
                                               ----------------
Total Operating Expenses                                14,528

Net profit (loss) before other income
and expenses                                           (10,993)

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

Other expense/(income)                                       -
                                               ----------------
Net profit (loss) before
reorganization items                                   (10,933)

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                   (10,933)

Income taxes                                                  -
                                               ----------------
NET PROFIT (LOSS)                                      ($10,933)
                                               ================

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

Opening Balance 07/31/10                            $53,867,562

RECEIPTS
Interest & investment returns                            8,804
Tax refunds                                                  -
Reimbursements/distributions from subs                       -
Sales of assets/securities                                   -
Other miscellaneous receipts                                 -
                                               ----------------
Total Receipts                                            8,804

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                                            -
Other outside services                                       -
Bank fees                                                  325
U.S. trustee quarterly fees                                  -
Directors fees                                               -
Taxes paid                                                   -
                                               ----------------
Total Disbursements                                         325
                                               ----------------
Net Cash Flow                                             8,479
                                               ----------------
Cash - End of Month                                  53,876,041

GL Balance                                           53,876,041

Net value -- Short Term Securities                  221,761,527
                                               ----------------
Total Cash and Cash Equivalents                    $275,637,567
                                               ================

WaMu Chief Financial Officer John Maciel disclosed that as of
August 31, 2010, the Debtors paid these firms an aggregate of
approximately $ 11,406,337 on account of services rendered in
their cases:

Professional                              Fees        Expenses
------------                              ---------   ---------
Akin, Gump, Strauss, Hauer & Feld        $1,052,698     $21,723
Alvarez & Marsal                          1,897,577      70,482
Ashby & Geddes, P.A.                        338,536      31,668
Benesch, Friedlander, Coplan & Aronoff       24,742       1,677
Blackstone Advisory Partners LLP                  -           -
CONSOR Intellectual Asset Management              -           -
CP Energy Group, LLC                              -           -
Davis Wright Tremaine LLP                    18,355           8
Elliot Greenleaf                             60,789       3,846
FTI Consulting, Inc.                        365,341       1,339
Gibson, Dunn & Crutcher LLP                   9,548           -
Grant Thornton                               15,662           -
Joele Frank, Wilkinson Brimmer Katcher        4,781         302
John W. Wolfe, P.S.                         351,331         381
Kurtzman Carson Consultants LLC              97,950     461,707
McKee Nelson LLP/Bingham McCutchen LLP      117,178           -
Miller & Chevalier Chartered                 56,765           -
Milliman                                          -           -
Pepper Hamilton LLP                          88,850       4,767
Perkins Coie LLP                            222,058       4,350
Peter J. Solomon Company                    266,250       2,351
PricewaterhouseCoopers LLP                    1,016           -
Quinn Emanuel Urquhart Oliver & Hedges      863,157       8,255
Richards, Layton & Finger P.A.               60,530           -
Shearman & Sterling LLP                      96,644          48
Silverstein & Pomerantz, LLP                  7,106           -
Simpson Thacher & Bartlett LLP                6,665           -
Susman Godfrey LLP                           65,071           -
Towers Watson Pennsylvania Inc.              20,140           -
Venable LLP                                 128,152           -
Weil, Gotshal & Manges LLP                4,515,583      67,938

As of August 31, 2010, WaMu paid a total of $5,745,753 to about
31 vendors for certain postpetition accounts.

According to Mr. Maciel, for the period from August 1 to 31,
2010, WaMu did not file property tax returns; sales and use tax
returns; and corporate income or franchise taxes.  Payroll taxes
were filed during the Reporting Period.

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

          http://bankrupt.com/misc/WaMu_MORAug2010.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 disclosed assets of $32,896,605,516 and
debts of $8,167,022,695.  WMI Investment estimated 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.

                           *********

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