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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, Jul 14
18:00 Wholesale Sales (MoM) 1 0.1% -0.4% -2.3%
18:10 Fed's Hammack speech 2
21:00 6-Month Bill Auction 1 4.125% 4.145%
21:00 3-Month Bill Auction 1 4.245% 4.255%
23:30 BoE's Governor Bailey speech 3
Tuesday, Jul 15
04:31 BRC Like-For-Like Retail Sales (YoY) 2 0.2% 0.6%
06:00 Westpac Consumer Confidence 2 0.5%
17:30 OPEC Monthly Market Report 1
17:45 Housing Starts s.a (YoY) 1 262.5K 279.5K
18:00 NY Empire State Manufacturing Index 2 -8 -16
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