Are Hedge funds Appaloosa, Centerbridge Partners, Owl Creek AM and Aurelius CM trying to KMART the WAMU share?
1. Are Hedge funds Appaloosa, Centerbridge Partners, Owl Creek AM and Au
CM trying to KMART the WAMU share?
holders? Instead of the $100 million worth of tax breaks that company financ
cial advisors estimated would be available to the reorganized company, the p
ost-bankruptcy Washington Mutual could take advantage of nearly $5.5 billion i
n tax breaks, shareholder attorneys say. That's a big difference, and one wo
rth a new objection to confirmation of Washington Mutual's Chapter 11 plan, sh
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