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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
Tuesday, Jun 24
01:00 CFTC Gold NC Net Positions 1 $200.6K $187.5K
01:00 CFTC GBP NC Net Positions 1 £42.9K £51.6K
01:00 CFTC AUD NC Net Positions 1 $-69.4K $-69.9K
08:30 Credit Card Spending (YoY) 1 2.2% 0.5%
15:00 BoE's Greene speech 2
18:00 Chicago Fed National Activity Index 1 -0.25
18:00 Current Account 1 $-440.0B $-303.9B
18:00 Consumer Price Index (YoY) 3 1.7% 1.7%
18:00 Consumer Price Index - Core (MoM) 1 0.4%
18:00 BoC Consumer Price Index Core (MoM) 2 0.5%
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