In connection with the FDIC receivership for Washington Mutual Bank (WaMu Bank), as well as the Delaware Chapter 11 proceedings for Washington Mutual, Inc. (NYSE:WM) and WMI Investment Corp., a group of WaMu Bank senior and subordinated noteholders formed last week in order to discuss matters of mutual interest. The group, which continues to grow, includes more than two dozen institutional investors and secondary market purchasers holding close to USD 2 billion in senior and subordinated notes. Other WaMu Bank noteholders interested in participating in the group should contact the group´s counsel, Evan Flaschen at Bracewell & Giuliani LLP, 860.256.8537.
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