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Saturday, September 27, 2008

Washington Mutual, Inc. Files Chapter 11 Case

Washington Mutual, Inc. Files Chapter 11 Case

WASHINGTON MUTUAL, INC. announced on 26 September ,2008 that it has, together with its wholly-owned subsidiary, WMI Investment Corp., commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The chapter 11 filings were a result of the appointment, by the Office of Thrift Supervision, of the Federal Deposit Insurance Company as receiver of Washington Mutual Bank, Washington Mutual, Inc.'s banking subsidiary on September 25, 2008

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 09
21:00 6-Month Bill Auction 1 4.15% 4.15%
Tuesday, Jun 10
04:31 BRC Like-For-Like Retail Sales (YoY) 2 0.6% 2.7% 6.8%
06:00 Westpac Consumer Confidence 2 0.5% 2.2%
07:00 National Australia Bank's Business Confidence 1 2 -1
07:00 National Australia Bank's Business Conditions 1 0 2
11:30 Employment Change (3M) 3 112K
11:30 ILO Unemployment Rate (3M) 3 4.6% 4.5%
11:30 Claimant Count Change 3 9.5K 5.2K
11:30 Average Earnings Including Bonus (3Mo/Yr) 2 5.5% 5.5%
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.4% 5.6%
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