TCR_Public/060107.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, January 7, 2006, Vol. 10, No. 6

                             Headlines

ADELPHIA COMMS: Posts $36.3 Million Net Loss in November 2005
ADELPHIA COMMS: Century/ML's Nov. 2005 Monthly Operating Report
ASARCO LLC: Earns $2.4 Million for the Month of August 2005
ASARCO LLC: Earns $5.2 Million for the Month of September 2005
ASARCO LLC: Earns $3.5 Million for the Month of October 2005

ASARCO LLC: Earns $4 Million for the Month of November 2005
ASARCO LLC: Consulting Files Schedules of Assets and Debts
ASARCO LLC: Encycle Files Schedules of Assets and Liabilities
ASARCO LLC: Master Files Schedules of Assets and Liabilities
CATHOLIC CHURCH: Portland Amends June 2005 Financial Reports

CATHOLIC CHURCH: Portland Amends July 31 Balance Sheet
CATHOLIC CHURCH: Portland Amends August 31 Balance Sheet
CATHOLIC CHURCH: Portland Amends September 30 Balance Sheet
CATHOLIC CHURCH: Portland's November 2005 Monthly Operating Report
CATHOLIC CHURCH: Spokane's November 2005 Monthly Operating Report

ENTERGY NEW ORLEANS: Earns $3 Mil. for the Month of November 2005
FEDERAL-MOGUUL: Earns $27.2 Million for the Month of November 2005
FGI GROUP: Files Monthly Operating Report for November 2005
FLYI INC: Files Schedules of Assets and Liabilities
FLYI INC: Independence Air Files Schedules of Assets and Debts

FLYI INC: Five Affiliates Report No Assets and Liabilities
FOAMEX INT'L: Earns $14.6 Million for the Month of October 2005
INTERSTATE BAKERIES: Posts $32MM Net Loss for Period Ended Nov. 12
KAISER ALUMINUM: Earns $4 Million for the Month of November 2005
KUSHNER-LOCKE: Releases September 2005 Monthly Operating Reports

LEVITZ HOME: Posts $11.3 Million Net Loss in October 2005
LEVITZ HOME: Posts $9 Million Net Loss in November 2005
LEVITZ HOME: Furniture Files Schedules of Assets and Liabilities
LEVITZ HOME: Furniture Corp. Files Schedules of Assets and Debts
LEVITZ HOME: Furniture Midwest Files Schedules of Assets and Debts

LEVITZ HOME: Furniture Washington Files Schedules
LEVITZ HOME: Home Furnishings Files Schedules of Assets and Debts
LEVITZ HOME: Seaman Furniture Files Schedules of Assets and Debts
LEVITZ HOME: Seaman Pennsylvania Files Schedules of Assets & Debts
LEVITZ HOME: Six Affiliates File Schedules of Assets and Debts

MCLEODUSA INC: Files Monthly Report for Period Ended Nov. 30
MERIDIAN AUTOMOTIVE: Posts $10 Million Net Loss in November 2005
MIRANT CORP: Earns $74.6 Million for the Month of October 2005
MIRANT CORP: MAGi Earns $70 Million for the Month of October 2005
O'SULLIVAN INDUS: Files Monthly Operating Report for November 2005

O'SULLIVAN INDUS: Furniture Files Monthly Report for November 2005
O'SULLIVAN INDUS: Holdings Files Operating Report for Nov. 2005
O'SULLIVAN INDUS: Virginia Files Monthly Report for November 2005
OWENS CORNING: Posts $343 Million Net Loss in September 2005
PLIANT CORP: Sept. 30 Balance Sheet Upside Down by $599.9 Million

REFCO INC: Files Schedules of Assets and Liabilities
SAINT VINCENTS: Posts $4.7 Million Net Loss in November 2005
SOLUTIA INC: Posts $25 Million Net Loss in October 2005
SONICBLUE INC: Files November 2005 Monthly Operating Report
TRIGEM COMPUTER: Posts KRW216B Net Loss for Period Ended Sept. 30

UAL CORP: Posts $186 Million Net Loss in November 2005
XYBERNAUT CORP: Posts $886,391 Net Loss in November 2005

                             *********

ADELPHIA COMMS: Posts $36.3 Million Net Loss in November 2005
-------------------------------------------------------------

             Adelphia Communications Corporation, et al.
                Unaudited Consolidated Balance Sheet
                      As of November 30, 2005
                       (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                              $344,437
Restricted cash                                          24,008
Accounts receivables - net                              107,401
Receivable for securities                                25,129
Other current assets                                    181,168
                                                    -----------
Total current assets                                    682,143

Restricted cash                                         266,511
Investments in equity affiliates                          7,610
Receivables from non-filing entities                    731,125
Property and equipment - net                          4,235,299
Intangible assets - net                               7,059,789
Other noncurrent assets - net                            82,879
                                                    -----------
Total Assets                                        $13,065,356
                                                    ===========

                LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                       $118,868
Subscriber advance payments and deposits                 31,851
Accrued liabilities                                     538,272
Deferred income                                          23,458
Current portion of parent and subsidiary debt           834,206
                                                    -----------
Total current liabilities                             1,546,655

Other liabilities                                        34,899
Deferred income                                          58,406
Deferred income taxes                                   827,457
                                                    -----------
Total noncurrent liabilities                            920,762

Liabilities subject to compromise                    18,463,257
                                                    -----------
Total liabilities                                    20,930,674

Minority interests in equity of subsidiary               74,325

Stockholders' equity:
    Series preferred stock                                  397
    Class A and Class B common stock                      2,548
    Additional paid-in capital                        9,567,154
    Accumulated other comprehensive income                   42
    Accumulated deficit                             (17,481,847)
    Treasury stock, at cost                             (27,937)
                                                    -----------
Total stockholders' equity                           (7,939,643)
                                                    -----------
Total liabilities and stockholders' equity          $13,065,356
                                                    ===========

             Adelphia Communications Corporation, et al.
           Unaudited Consolidated Statements of Operations
                  Month Ended November 30, 2005
                       (Dollars in thousands)

Revenue                                                $340,914
Cost and expenses:
    Direct operating and programming                    213,417
    Selling, general and administrative                  34,715
    Investigation, re-audit and sale transaction co       1,005
    Depreciation and amortization                        71,888
    Impairment of long-lived assets                           -
    Provision for uncollectible amounts from Rigases          -
    Gains on dispositions of long-lived assets               42
                                                    -----------
Operating income (loss)                                  19,847

Other income (expense):
    Interest expense                                    (49,995)
    Impairment of cost & available for sale investments       -
    Other income (expense) - net                            784
                                                    -----------
       Total other expense - net                        (49,211)
                                                    -----------
Loss from continuing operations before
    reorganization expenses                             (29,364)

Reorganization expenses due to bankruptcy                (9,104)
                                                    -----------
Loss from continuing operations before income taxes     (38,468)
Income tax expense                                            -
Share of losses of equity affiliates - net                  580
Minority's interest in subsidiary losses - net            1,578
                                                    -----------
Net loss                                               ($36,310)
                                                    ===========

             Adelphia Communications Corporation, et al.
           Unaudited Consolidated Statements of Cash Flows
              For the Month Ended November 30, 2005
                       (Dollars in thousands)

Cash flows from operating activities:
    Net loss                                           ($36,310)
    Adjustments to reconcile net loss to net cash
    provided by (used in) operating activities:
       Depreciation and amortization                     71,888
       Impairment of long-lived assets                        -
       Provision for uncollectible amounts from Rigases       -
       Gains on disposition of long-lived assets             42
       Amortization of debt issuance costs                  279
       Impairment of cost & available for sale investments    -
       Provision for settlements                              -
       Reorganization expenses due to bankruptcy          9,104
       Deferred tax expense (benefit)                         -
       Share in losses of equity affiliates - net          (580)
       Minority interest in losses of subsidiaries       (1,578)
       Other noncash gains                                 (542)
       Depreciation, amortization and other non-cash
          items from discontinued operations                  -
       Change in operating assets & liabilities          16,053
                                                    -----------
Net cash provided by operating activities before
payment of reorganization expenses                       58,356

Reorganization expenses paid during the period           (7,880)
                                                    -----------
Net cash provided by (used in) operating activities      50,476

Cash flows from investing activities:
    Expenditures for property, plant and equipment      (52,449)
    Changes in restricted cash                             (678)
    Proceeds from sale of investments                         -
    Other                                                   353
                                                    -----------
Net cash used in investing activities                   (52,774)

Cash flows from financing activities:
    Proceeds from debt                                   20,000
    Repayments of debt                                   (1,310)
    Payment of debt issuance costs                            -
                                                    -----------
Net cash provided by financing activities                18,690

Change in cash and cash equivalents cash                 16,392

Cash, beginning of period                               328,045
                                                    -----------
Cash, end of period                                    $344,437
                                                    ===========

Headquartered in Coudersport, Pennsylvania, Adelphia
Communications Corporation (OTC: ADELQ) is the fifth-largest cable
television company in the country.  Adelphia serves customers in
30 states and Puerto Rico, and offers analog and digital video
services, high-speed Internet access and other advanced services
over its broadband networks.  The Company and its more than
200 affiliates filed for Chapter 11 protection in the Southern
District of New York on June 25, 2002.  Those cases are jointly
administered under case number 02-41729.  Willkie Farr & Gallagher
represents the ACOM Debtors. (Adelphia Bankruptcy News, Issue No.
118; Bankruptcy Creditors' Service, Inc., 215/945-7000)


ADELPHIA COMMS: Century/ML's Nov. 2005 Monthly Operating Report
---------------------------------------------------------------

Instead of the usual Balance Sheet, Statement of Operations and
Statement of Cash Flows, Century/ML Cable Venture, on Dec. 28,
2005, filed a Statement of Account as its monthly operating
report.

                        Statement of Account
                For the Month ended November 30, 2005

    Beginning Balance                                 $3,297,194
    Additions                                             10,046
    Disbursements                                        425,254
                                                      ----------
    Closing Balance                                   $2,881,986
                                                      ==========

Richard S. Toder, Esq., at Morgan Lewis & Bockius LLP, in New
York, notes that the Beginning Balance includes only those funds
that were held back as of the closing on October 31, 2005, that
were applicable to potential liabilities of the Debtor.  The
Balance excludes the $10,000,000 related to the Highland Holdings
claim.

Century Communications Corporation filed for Chapter 11 protection
on June 10, 2002.  Century's case has been jointly administered to
proceedings of Adelphia Communications Corporation.  Century
operates cable television services in Colorado, California and
Puerto Rico.  CENTURY is an indirect wholly owned subsidiary of
ACOM and an affiliate of Adelphia Business Solutions, Inc.
Lawyers at Willkie, Farr & Gallagher represent CENTURY.

Headquartered in Coudersport, Pennsylvania, Adelphia
Communications Corporation (OTC: ADELQ) is the fifth-largest cable
television company in the country.  Adelphia serves customers in
30 states and Puerto Rico, and offers analog and digital video
services, high-speed Internet access and other advanced services
over its broadband networks.  The Company and its more than 200
affiliates filed for Chapter 11 protection in the Southern
District of New York on June 25, 2002.  Those cases are jointly
administered under case number 02-41729.  Willkie Farr & Gallagher
represents the ACOM Debtors.  (Adelphia Bankruptcy News, Issue
No. 118; Bankruptcy Creditors' Service, Inc., 215/945-7000)


ASARCO LLC: Earns $2.4 Million for the Month of August 2005
-----------------------------------------------------------

                       ASARCO LLC, et al.
                         Balance Sheet
                     As of August 31, 2005

ASSETS
   Current assets:
   Cash                                             $15,796,000
   Net accounts receivable                           71,895,000
   Inventory:  lower of cost or market              166,152,000
   Prepaid expenses                                  15,418,000
   Deferred income tax assets                                 0
                                               ----------------
Total current assets                                269,262,000

Net property, plant and equipment                   479,891,000
Other assets
   Investment in subs                               (48,368,000)
   Prepaid pension and retirement plan               74,329,000
   Non-current deferred tax asset                    48,929,000
   Other                                            112,354,000
                                               ----------------
Total assets                                       $936,397,000
                                               ================

LIABILITIES
Postpetition liabilities:
   Accounts payable                                  $8,170,000
   Accrued liabilities                                 (844,000)
   Debtor-in-possession financing                             0
                                               ----------------
Total postpetition liabilities                        7,326,000

Prepetition liabilities:
   Not subject to compromise - credit                 2,147,000
   Not subject to compromise - other                 16,307,000
   Subject to compromise                            885,327,000
                                               ----------------
Total prepetition liabilities                       903,781,000
                                               ----------------
Total liabilities                                  $911,107,000
                                               ================

OWNERS'S EQUITY (DEFICIT)
Common stock                                       $508,325,000
Additional paid-in capital                          104,578,000
Other comprehensive income                         (122,526,000)
Retained earnings: filing Date                     (467,516,000)
                                               ----------------
Total prepetition owner's equity                     22,861,000
Retained earnings: post-filing date                   2,428,000
                                               ----------------
Total owner's equity (net worth)                     25,289,000
                                               ----------------
Total liabilities and owner's equity               $936,397,000
                                               ================

                       ASARCO LLC, et al.
              Consolidated Statement of Operations
           For the Period From August 10 to 31, 2005

Sales                                               $13,472,000
Cost of products and services                       (10,942,000)
                                               ----------------
Gross profit                                          2,530,000

Operating expenses:
Selling and general & administrative expenses           913,000
Depreciation and amortization                         1,176,000
Provision accretion expense of asset
   retirement obligation                                 89,000
                                               ----------------
Operating income                                        352,000

Interest expense                                        585,000
Interest Income                                        (325,000)
Reorganization Expenses                                 658,000
Other miscellaneous (income) expenses                (2,994,000)
                                               ----------------
Income (loss) before taxes                            2,428,000
Income taxes                                                  0
                                               ----------------
Net income                                           $2,428,000
                                               ================

                       ASARCO LLC, et al.
          Consolidated Cash Receipts and Disbursements
           For the Period From August 10 to 31, 2005

Receipts                                            $12,041,000
Disbursements:
Inventory material                                       12,000
Operating disbursements                              14,491,000
Capital expenditures                                    736,000
                                               ----------------
Total disbursements                                  15,239,000

Operating cash flow                                  (3,198,000)
Reorganization disbursements                                  0
                                               ----------------
Net cash flow                                        (3,198,000)
Net payments to secured Lenders                               0
                                               ----------------
Net change in cash                                   (3,198,000)
Beginning cash balance                               18,995,000
                                               ----------------
Ending cash balances                                $15,796,000
                                               ================

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000).


ASARCO LLC: Earns $5.2 Million for the Month of September 2005
--------------------------------------------------------------

                       ASARCO LLC, et al.
                          Balance Sheet
                    As of September 30, 2005

ASSETS
   Current assets:
   Cash                                             $18,869,000
   Net accounts receivable                           71,965,000
   Inventory:  lower of cost or market              173,783,000
   Prepaid expenses                                  20,689,000
   Deferred income tax assets                                 0
                                               ----------------
Total current assets                                285,306,000

Net property, plant and equipment                   478,942,000
Other assets
   Investment in subs                               (45,632,000)
   Prepaid pension and retirement plan               72,959,000
   Non-current deferred tax asset                    48,929,000
   Other                                            111,165,000
                                               ----------------
Total assets                                       $951,669,000
                                               ================

LIABILITIES
Post-petition liabilities
   Accounts payable                                 $19,999,000
   Accrued liabilities                                2,069,000
   Debtor-in-possession financing                             0
                                               ----------------
Total postpetition liabilities                       22,068,000

Prepetition liabilities:
   Not subject to compromise - credit                 2,126,000
   Not subject to compromise - other                 16,307,000
   Subject to compromise                            880,709,000
                                               ----------------
Total prepetition liabilities                       899,143,000
                                               ----------------
Total liabilities                                  $921,211,000
                                               ================

OWNERS'S EQUITY (DEFICIT)
Common stock                                       $508,325,000
Additional paid-in capital                          104,578,000
Other comprehensive income                         (122,601,000)
Retained earnings: filing Date                     (467,515,000)
                                               ----------------
Total prepetition owner's equity                     22,787,000
Retained earnings: post-filing date                   7,671,000
                                               ----------------
Total owner's equity (net worth)                     30,458,000
                                               ----------------
Total liabilities and owner's equity               $951,669,000
                                               ================

                       ASARCO LLC, et al.
              Consolidated Statement of Operations
                 Month Ending September 30, 2005

Sales                                               $27,225,000
Cost of products and services                       (20,949,000)
                                               ----------------
Gross profit                                          6,276,000

Operating expenses:
Selling and general & administrative expenses         1,316,000
Depreciation and amortization                         1,499,000
Provision accretion expense of asset
   retirement obligation                                126,000
                                               ----------------
Operating income                                      3,334,000

Interest expense                                         (3,000)
Interest income                                        (417,000)
Reorganization expenses                               1,323,000
Other miscellaneous (income) expenses                (2,811,000)
                                               ----------------
Income (loss) before taxes                            5,242,000
Income Taxes                                                  0
                                               ----------------
Net Income                                           $5,242,000
                                               ================

                       ASARCO LLC, et al.
          Consolidated Cash Receipts and Disbursements
                 Month Ending September 30, 2005

Receipts                                            $28,281,000
Disbursements:
Inventory material                                    3,420,000
Operating disbursements                              20,926,000
Capital expenditures                                    557,000
                                               ----------------
Total disbursements                                  24,903,000

Operating cash flow                                   3,379,000
Reorganization disbursements                            306,000
                                               ----------------
Net cash flow                                         3,073,000
Net payments to secured Lenders                               0
                                               ----------------
Net change in cash                                    3,073,000
Beginning cash balance                               15,796,000
                                               ----------------
Ending cash balances                                $18,869,000
                                               ================

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000).


ASARCO LLC: Earns $3.5 Million for the Month of October 2005
------------------------------------------------------------

                       ASARCO LLC, et al.
                          Balance Sheet
                     As of October 31, 2005

ASSETS
Current assets:
   Cash                                             $16,897,000
   Net accounts receivable                           73,242,000
   Inventory: lower of cost or market               183,612,000
   Prepaid expenses                                  23,387,000
   Deferred income tax assets                                 0
                                               ----------------
Total current assets                                297,138,000

Net property, plant and equipment                   478,450,000
Other assets:
   Investment in subs                               (41,578,000)
   Prepaid pension and retirement plan               75,880,000
   Non-current deferred tax asset                    48,929,000
   Other                                            112,058,000
                                               ----------------
Total assets                                       $970,878,000
                                               ================

LIABILITIES
Postpetition liabilities:
   Accounts payable                                 $21,168,000
   Accrued liabilities                                3,515,000
   Debtor-in-possession financing                             0
                                               ----------------
Total postpetition liabilities                       24,683,000

Pre-petition liabilities:
   Not subject to compromise - credit                     7,000
   Not subject to compromise - other                 16,307,000
   Subject to compromise                            895,911,000
                                               ----------------
Total prepetition liabilities                       912,224,000
                                               ----------------
Total liabilities                                  $936,907,000
                                               ================

OWNERS'S EQUITY (DEFICIT)
Common stock                                       $508,325,000
Additional paid-in capital                          104,578,000
Other comprehensive income                         (122,601,000)
Retained earnings: filing date                     (467,515,000)
                                               ----------------
Total prepetition owner's equity                     22,787,000
Retained earnings: post-filing date                  11,184,000
                                               ----------------
Total owner's equity (net worth)                     33,970,000
                                               ----------------
Total liabilities and owner's equity               $970,878,000
                                               ================

                       ASARCO LLC, et al.
              Consolidated Statement of Operations
                  Month Ending October 31, 2005

Sales                                               $26,793,000
Cost of products and services                        22,884,000
                                               ----------------
Gross profit                                          3,908,000

Operating expenses:
Selling and general & administrative expenses         3,463,000
Depreciation and amortization                         1,391,000
Provision accretion expense of asset retirement
   obligation                                           126,000
                                               ----------------
Operating income                                     (1,071,000)

Interest expense                                        283,000
Interest income                                        (449,000)
Reorganization expenses                                (364,000)
Other miscellaneous (income) expense                 (4,055,000)
                                               ----------------
Income (loss) before taxes                            3,513,000
Income taxes                                                  0
                                               ----------------
Net income                                           $3,513,000
                                               ================

                       ASARCO LLC, et al.
          Consolidated Cash Receipts and Disbursements
                  Month Ending October 31, 2005

Receipts                                            $27,780,000
Disbursements:
Inventory material                                    4,937,000
Operating disbursements                              23,645,000
Capital expenditures                                    899,000
                                               ----------------
Total disbursements                                  29,482,000

Operating cash flow                                  (1,702,000)
Reorganization disbursements                            270,000
                                               ----------------
Net cash flow                                        (1,971,000)
Net (borrowings) payments to secured lenders                  0
                                               ----------------
Net change in cash                                   (1,971,000)
Beginning cash balance                               18,869,000
                                               ----------------
Ending cash balances                                $16,897,000
                                               ================

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000).


ASARCO LLC: Earns $4 Million for the Month of November 2005
-----------------------------------------------------------

                       ASARCO LLC, et al.
                         Balance Sheet
                    As of November 30, 2005

ASSETS
   Current assets:
   Cash                                             $18,939,000
   Net accounts receivable                           65,410,000
   Inventory:  lower of cost or market              201,156,000
   Prepaid expenses                                  25,571,000
   Deferred income tax assets                                 0
                                               ----------------
Total current assets                                311,076,000

Net property, plant and equipment                   477,355,000
Other assets
   Investment in subs                                60,143,000
   Prepaid pension and retirement plan               74,518,000
   Non-current deferred tax asset                    40,951,000
   Other                                            118,924,000
                                               ----------------
Total assets                                     $1,082,968,000
                                               ================

LIABILITIES
Postpetition liabilities:
   Accounts payable                                 $27,945,000
   Accrued liabilities                                5,512,000
   Debtor-in-possession financing                             0
                                               ----------------
Total postpetition liabilities                       33,456,000

Prepetition liabilities:
   Not subject to compromise - credit                 2,084,000
   Not subject to compromise - other                 16,307,000
   Subject to compromise                            993,080,000
                                               ----------------
Total prepetition liabilities                     1,011,472,000
                                               ----------------
Total liabilities                                $1,044,928,000
                                               ================

OWNERS'S EQUITY (DEFICIT)
Common stock                                       $508,325,000
Additional paid-in capital                          104,578,000
Other comprehensive income                         (122,601,000)
Retained earnings: filing Date                     (467,515,000)
                                               ----------------
Total prepetition owner's equity                     22,787,000
Retained earnings: post-filing date                  15,253,000
                                               ----------------
Total owner's equity (net worth)                     38,040,000
                                               ----------------
Total liabilities and owner's equity             $1,082,968,000
                                               ================

                        ASARCO LLC, et al.
              Consolidated Statement of Operations
                    As of November 30, 2005

Sales                                               $27,437,000
Cost of products and services                        26,552,000
                                               ----------------
Gross profit                                            886,000

Operating expenses:
Selling and general & administrative expenses          (684,000)
Depreciation and amortization                         1,666,000
Provision accretion expense of asset
   retirement obligation                                126,000
                                               ----------------
Operating income                                       (223,000)

Interest expense                                       (359,000)
Interest Income                                        (441,000)
Reorganization Expenses                               3,066,000
Other miscellaneous (income) expenses                (6,558,000)
                                               ----------------
Income (loss) before taxes                            4,069,000
Income taxes                                                  0
                                               ----------------
Net income                                           $4,069,000
                                               ================

                       ASARCO LLC, et al.
          Consolidated Cash Receipts and Disbursements
                    As of November 30, 2005

Receipts                                            $35,030,000
Disbursements:
Inventory material                                    3,089,000
Operating disbursements                              29,057,000
Capital expenditures                                    793,000
                                               ----------------
Total disbursements                                  32,939,000

Operating cash flow                                   2,091,000
Reorganization disbursements                                 60
                                               ----------------
Net cash flow                                         2,031,000
Net payments to secured Lenders                               0
                                               ----------------
Net change in cash                                    2,031,000
Beginning cash balance                               16,897,000
                                               ----------------
Ending cash balances                                $18,929,000
                                               ================

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 13; Bankruptcy Creditors' Service, Inc., 215/945-7000).


ASARCO LLC: Consulting Files Schedules of Assets and Debts
----------------------------------------------------------

A.     Real estate                                           $0

B.     Personal property
B.1    Cash on hand                                      $1,500
B.2    Bank accounts
          Wells Fargo Payroll Account                     2,002
          Two certificates pledged in lieu of bond to
             Montana and Washington                      10,092
B.3    Security deposits                                      0
B.4    Household goods                                        0
B.5    Books, art work & collectibles                         0
B.6    Wearing apparel                                        0
B.7    Furs and jewelry                                       0
B.8    Firearms and sporting goods                            0
B.9    Interests in insurance policies             undetermined
B.10   Annuities                                              0
B.11   Interests in retirement plans                          0
B.12   Stock interests                                        0
B.13   Interests in partnerships                              0
B.14   Bonds                                                  0
B.15   Accounts receivable
          Employees advance                              11,325
B.16   Alimony                                                0
B.17   Other liquidated debts owed
          ASARCO LLC Inter-company account balance    5,217,124
B.18   Equitable and future interests                         0
B.19   Contingent interests                                   0
B.20   Other contingent & unliquidated claims                 0
B.21   Patents, copyrights & trademarks                       0
B.22   Other intangibles                                      0
B.23   Automobiles                                            0
B.24   Boats                                                  0
B.25   Aircraft                                               0
B.26   Office equipment and supplies                          0
B.27   Machinery, furniture and fixtures                      0
B.28   Inventory                                              0
B.29   Animals                                                0
B.30   Crops                                                  0
B.31   Farming equipment                                      0
B.32   Farm supplies                                          0
B.33   Other personal property                                0
          Prepaid insurance                              19,504

       TOTAL SCHEDULED ASSETS                      undetermined
                                                  =============

C.     Property claimed as exempt                Not applicable

D.     Secured claims                                        $0

E.     Unsecured Priority Claims                              0

F.     Unsecured non-priority claims
          Pension Benefit Guaranty Corporation     undetermined
          Department of Labor & Securities                8,074
          Northland Engineering                             770
          Pacific Office Automation                         370
          The Montana Power Company                         230
          Cascade Coffee                                    133
          Shawnee Instruments, Inc.                         121
          FEDEX                                              99
          Global Crossing Conferencing                       10
          MCI                                                 7
          Randall Constructing, Inc.               undetermined
          ASARCO LLC                                      3,233

       TOTAL SCHEDULED LIABILITIES                 undetermined
                                                  =============

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000).


ASARCO LLC: Encycle Files Schedules of Assets and Liabilities
-------------------------------------------------------------

A.     Real property                                         $0

B.     Personal property
B.9    Interests in insurance policies             undetermined
B.13   Stock and interests                         undetermined

       TOTAL SCHEDULED ASSETS                      undetermined
                                                  =============

C.     Property claimed as exempt                Not applicable

D.     Secured claims                                         0

E.     Unsecured priority claims                              0

F.     Unsecured non-priority claims               undetermined


       TOTAL SCHEDULED LIABILITIES                 undetermined
                                                  =============

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000).


ASARCO LLC: Master Files Schedules of Assets and Liabilities
------------------------------------------------------------

A.     Real Property
          Block 4349, San Francisco, California        $150,000
          Trenton Plant Site, Trenton, New Jersey       370,000
          Lone Star Lead Site, Houston, Texas           850,000

B.     Personal Property
B.3    Security deposits
          Indiana Community Department of
             Environmental Management                  $384,319
B.9    Interests in insurance policies             Undetermined
B.16   Accounts receivable
          Oklahoma Department of Environmental Quality  111,668
B.18   Other liquidated debts owed
          ASARCO LLC                                  1,680,437
B.20   Contingent interests                        undetermined
          Lone Star Surplus                              32,383

       TOTAL SCHEDULED ASSETS                      Undetermined
                                                  =============

C.     Property claimed as exempt                Not applicable

D.     Secured claims                                        $0

E.     Unsecured priority claims                              0

F.     Unsecured non-priority claims               Undetermined

       TOTAL SCHEDULED LIABILITIES                 Undetermined
                                                  =============

Headquartered in Tucson, Arizona, ASARCO LLC --
http://www.asarco.com/-- is an integrated copper mining,
smelting and refining company.  Grupo Mexico S.A. de C.V. is
ASARCO's ultimate parent.  The Company filed for chapter 11
protection on Aug. 9, 2005 (Bankr. S.D. Tex. Case No. 05-21207).
James R. Prince, Esq., Jack L. Kinzie, Esq., and Eric A.
Soderlund, Esq., at Baker Botts L.L.P., and Nathaniel Peter
Holzer, Esq., Shelby A. Jordan, Esq., and Harlin C. Womble, Esq.,
at Jordan, Hyden, Womble & Culbreth, P.C., represent the Debtor in
its restructuring efforts.  When the Debtor filed for protection
from its creditors,it listed $600 million in total assets and $1
billion in total debts.

The Debtor has five affiliates that filed for chapter 11
protection on April 11, 2005 (Bankr. S.D. Tex. Case Nos. 05-20521
through 05-20525).  They are Lac d'Amiante Du Quebec Ltee, CAPCO
Pipe Company, Inc., Cement Asbestos Products Company, Lake
Asbestos of Quebec, Ltd., and LAQ Canada, Ltd.  Details about
their asbestos-driven chapter 11 filings have appeared in the
Troubled Company Reporter since Apr. 18, 2005.

Encycle/Texas, Inc. (Bankr. S.D. Tex. Case No. 05-21304), Encycle,
Inc., and ASARCO Consulting, Inc. (Bankr. S.D. Tex. Case No. 05-
21346) also filed for chapter 11 protection, and ASARCO has asked
that the three subsidiary cases be jointly administered with its
chapter 11 case.  On Oct. 24, 2005, Encycle/Texas' case was
converted to a Chapter 7 liquidation. (ASARCO Bankruptcy News,
Issue No. 13; Bankruptcy Creditors' Service, Inc., 215/945-7000).


CATHOLIC CHURCH: Portland Amends June 2005 Financial Reports
------------------------------------------------------------
The Archdiocese of Portland in Oregon adjusted its monthly
operating report for the period ending June 30, 2005.

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                       As of June 30, 2005

ASSETS

Cash and cash equivalents                           $18,853,554
Accounts receivable, net                                570,249
Notes, estates and other receivables                 13,214,674
Loans receivable from Archdiocesan entities, net     10,081,172
Loans receivable from Archdiocesan housing entities     522,109
Interest receivable and other assets                    206,246
Inventories                                           1,493,382
Real Property                                           226,688
Deposits and prepaid expenses                           178,342
Investments                                          87,633,907
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,710,620
                                                 --------------
Total Assets                                       $142,330,943
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                 $822,302
      Accrued liabilities                             2,224,190
      Funds held for others
         Second Collections                                 (12)
         Short-term investments payable              18,101,483
         Long-term pool investments payable          19,642,572
      Reserve for insurance claims                    2,343,946
      Notes payable                                  11,140,712
      Pre-need liability and reserve                    456,268
      Accrued port-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     62,338,725
                                                 --------------
   Postpetition
      Accounts payable                                  595,812
      Accrued liabilities                             2,259,224
      Funds held for others
         Second Collections                             149,013
         Short-term investments payable               2,023,124
         Long-term pool investments                   2,482,738
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     25,384
      Accrued port-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                     7,923,894
                                                 --------------
     Total Liabilities                               70,262,619
                                                 --------------

Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,966,955
      Other Assets                                   (3,577,194)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------

   Postpetition Net Assets:
      Charitable Trust Assets                         3,966,184
      Other Assets                                    1,712,379
                                                 --------------
   Total Postpetition Net Assets                      5,678,563
                                                 --------------
      Total Net Assets                               72,068,324
                                                 --------------
Total liabilities & net assets                     $142,330,943
                                                 ==============

                         Pastoral Center
                Archdiocese of Portland in Oregon
                     Statement of Activities
               For the month ending June 30, 2005

Revenues, gains and other support
   Annual Catholic Appeal income                     $3,350,309
   Gross profit on cemetery sales                        99,476
   Contributions, gifts, annuities and bequests         828,615
   Operating support - Oregon Catholic Press            757,500
   Investment income and realized gains (losses),
      net of expenses                                   437,855
   Change in unrealized losses                          624,121
   Insurance premiums, net                              (59,065)
   Interest income from loans                            36,311
   Parish assessments                                   241,023
   Other income                                         771,130
   Departmental revenues                                 30,297
   Net assets released from restrictions                      -
                                                 --------------
   Total revenues, gains, and other support           7,117,572
                                                 --------------

Expenses and program support:
   Program Services:
      Annual Catholic Appeal program support,
         grants and parish subsidies                    205,744
      Clergy Services                                    43,220
      Catholic Schools                                   66,493
      Pastoral Services                                  59,666
      Evangelization Services                            48,790
      Public Services                                    13,092
      Tribunal Services                                  21,250
      Deposit and loan interest                         105,333
      Insurance program                                 372,187
      Cemetery operating expenses                       160,966
      High School grants/charitable annuities           (27,937)
      Other program expenses                            738,318
                                                 --------------
         Total program services                       1,807,122
                                                 --------------
   Supporting Services:
      Archbishop, Vicar General
         and Chancellor Services                         47,333
      Finance & Administration:
         Resource Development                            53,701
         Business Affairs                                13,896
         Financial Services                             142,801
      Human Resources                                    27,021
      Shared Services                                    30,381
      Occupancy and physical plant expenses               7,466
      Designated funds expense                          179,198
      Bankruptcy expense                                745,408
      Depreciation expense                              566,865
                                                 --------------
         Total supporting services                    1,814,070
                                                 --------------
         Total expenses and program support           3,621,192
                                                 --------------
Increase (decrease) in net assets before
   transfers and designations of net assets           3,496,380

Fund transfers - in (out)                                     -

Designation of net assets                                     -
                                                 --------------
Increase (decrease) in net assets                     3,496,380

Net assets at beginning of year                      68,571,944
                                                 --------------
Net assets at end of year                           $72,068,324
                                                 ==============

                Archdiocese of Portland in Oregon
           Statement of Cash Receipts and Disbursements
              For the month ending June 30, 2005

Beginning Cash Balance:                             $15,295,099
Add:
   Transfers in                                         310,843
   Receipts Deposited                                 2,150,717
   Other (Return of Direct Deposits)                          -
   Other (Interest Income)                               39,709
                                                 --------------
   Total Cash Receipts                                2,501,269

Subtract:
   Transfers out                                       (310,843)
   Disbursements by check or debit                   (2,322,307)
   Cash withdrawn                                             -
   Other (Service Charges)                               (1,451)
   Other (NSF Checks)                                      (466)
   Other (Clear Interfund Rec/Pay)                            -
                                                 --------------
   Total Cash Disbursements                          (2,635,066)
                                                 --------------
Ending Cash Balance                                 $15,161,302
                                                 ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  In its Schedules of Assets and Liabilities filed with
the Court on July 30, 2004, the Portland Archdiocese reports
$19,251,558 in assets and $373,015,566 in liabilities.  (Catholic
Church Bankruptcy News, Issue No. 49; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Portland Amends July 31 Balance Sheet
------------------------------------------------------
The Archdiocese of Portland in Oregon adjusted its Balance
Sheet as of July 31, 2005.

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                       As of July 31, 2005

ASSETS

Cash and cash equivalents                           $13,537,567
Accounts receivable, net                                707,904
Notes, estates and other receivables                 13,122,930
Loans receivable from Archdiocesan entities, net      9,877,588
Loans receivable from Archdiocesan housing entities     521,228
Interest receivable and other assets                    221,446
Inventories                                           1,489,252
Real Property                                           226,688
Deposits and prepaid expenses                            30,005
Investments                                          93,639,529
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,710,620
                                                 --------------
Total Assets                                       $142,724,757
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                 $822,302
      Accrued liabilities                             2,223,387
      Funds held for others
         Second Collections                                 (11)
         Short-term investments payable              17,747,805
         Long-term pool investments payable          19,570,358
      Reserve for insurance claims                    2,343,946
      Notes payable                                  11,113,254
      Pre-need liability and reserve                    456,268
      Accrued post-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     61,884,573
                                                 --------------
   Postpetition
      Accounts payable                                  604,500
      Accrued liabilities                             1,992,756
      Funds held for others
         Second Collections                             221,724
         Short-term investments payable               2,112,058
         Long-term pool investments                   2,991,188
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     28,261
      Accrued post-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                     8,339,086
                                                 --------------
     Total Liabilities                               70,223,659
                                                 --------------

Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,965,992
      Other Assets                                   (3,576,231)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------

   Postpetition Net Assets:
      Charitable Trust Assets                         5,695,796
      Other Assets                                      415,541
                                                 --------------
   Total Postpetition Net Assets                      6,111,337
                                                 --------------
      Total Net Assets                               72,501,098
                                                 --------------
Total liabilities & net assets                     $142,724,757
                                                 ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  In its Schedules of Assets and Liabilities filed with
the Court on July 30, 2004, the Portland Archdiocese reports
$19,251,558 in assets and $373,015,566 in liabilities.  (Catholic
Church Bankruptcy News, Issue No. 49; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Portland Amends August 31 Balance Sheet
--------------------------------------------------------
The Archdiocese of Portland in Oregon amended its Balance
Sheet as of Aug. 31, 2005.

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                       As of August 31, 2005

ASSETS

Cash and cash equivalents                           $13,415,470
Accounts receivable, net                              7,714,714
Notes, estates and other receivables                 12,822,096
Loans receivable from Archdiocesan entities, net      9,587,859
Loans receivable from Archdiocesan housing entities     523,353
Interest receivable and other assets                    236,294
Inventories                                           1,486,260
Real Property                                           226,688
Deposits and prepaid expenses                            27,064
Investments                                          93,249,328
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,733,994
                                                 --------------
Total Assets                                       $148,663,120
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                 $822,302
      Accrued liabilities                             2,222,268
      Funds held for others
         Second Collections                                 (11)
         Short-term investments payable              17,363,891
         Long-term pool investments payable          19,538,823
      Reserve for insurance claims                    2,343,946
      Notes payable                                  11,084,874
      Pre-need liability and reserve                    456,268
      Accrued post-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     61,439,625
                                                 --------------
   Postpetition
      Accounts payable                                  551,888
      Accrued liabilities                             2,234,495
      Funds held for others
         Second Collections                             131,172
         Short-term investments payable               2,119,540
         Long-term pool investments                   3,015,918
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     27,702
      Accrued post-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                     8,469,314
                                                 --------------
     Total Liabilities                               69,908,939
                                                 --------------

Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,965,768
      Other Assets                                   (3,576,007)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------

   Postpetition Net Assets:
      Charitable Trust Assets                         4,115,422
      Other Assets                                    8,248,998
                                                 --------------
   Total Postpetition Net Assets                     12,364,420
                                                 --------------
      Total Net Assets                               78,754,181
                                                 --------------
Total liabilities & net assets                     $148,663,120
                                                 ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  In its Schedules of Assets and Liabilities filed with
the Court on July 30, 2004, the Portland Archdiocese reports
$19,251,558 in assets and $373,015,566 in liabilities.  (Catholic
Church Bankruptcy News, Issue No. 49; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Portland Amends September 30 Balance Sheet
-----------------------------------------------------------
The Archdiocese of Portland in Oregon amended its Balance
Sheet as of Sept. 30, 2005.

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                    As of September 30, 2005

ASSETS

Cash and cash equivalents                           $15,326,701
Accounts receivable, net                              4,700,517
Notes, estates and other receivables                 12,904,945
Loans receivable from Archdiocesan entities, net      9,245,949
Loans receivable from Archdiocesan housing entities     525,501
Interest receivable and other assets                    248,187
Inventories                                           1,538,840
Real Property                                           226,688
Deposits and prepaid expenses                            30,826
Investments                                          93,420,333
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,733,994
                                                 --------------
Total Assets                                       $147,542,481
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                 $822,302
      Accrued liabilities                             2,222,268
      Funds held for others
         Second Collections                                 (12)
         Short-term investments payable              16,315,813
         Long-term pool investments payable          19,412,972
      Reserve for insurance claims                    2,343,946
      Notes payable                                  11,056,990
      Pre-need liability and reserve                    456,268
      Accrued post-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     60,237,811
                                                 --------------

   Postpetition
      Accounts payable                                1,083,842
      Accrued liabilities                             1,963,284
      Funds held for others
         Second Collections                             300,936
         Short-term investments payable               2,329,182
         Long-term pool investments                   3,207,251
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     28,924
      Accrued post-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                     9,302,018
                                                 --------------
     Total Liabilities                               69,539,829
                                                 --------------

Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,957,446
      Other Assets                                   (3,567,685)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------

   Postpetition Net Assets:
      Charitable Trust Assets                         4,076,025
      Other Assets                                    7,536,866
                                                 --------------
   Total Postpetition Net Assets                     11,612,891
                                                 --------------
      Total Net Assets                               78,002,652
                                                 --------------
Total liabilities & net assets                     $147,542,481
                                                 ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  In its Schedules of Assets and Liabilities filed with
the Court on July 30, 2004, the Portland Archdiocese reports
$19,251,558 in assets and $373,015,566 in liabilities.  (Catholic
Church Bankruptcy News, Issue No. 49; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Portland's November 2005 Monthly Operating Report
------------------------------------------------------------------

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                    As of November 30, 2005

ASSETS

Cash and cash equivalents                           $15,802,948
Accounts receivable, net                              3,459,098
Notes, estates and other receivables                 12,035,562
Loans receivable from Archdiocesan entities, net      8,973,214
Loans receivable from Archdiocesan housing entities     527,398
Interest receivable and other assets                    268,504
Inventories                                           1,600,899
Real Property                                           226,688
Deposits and prepaid expenses                            25,037
Investments                                          94,698,371
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,764,778
                                                 --------------
Total Assets                                       $147,022,497
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                 $822,302
      Accrued liabilities                             2,222,268
      Funds held for others
         Second Collections                                 (12)
         Short-term investments payable              15,830,389
         Long-term pool investments payable          19,311,896
      Reserve for insurance claims                    2,343,946
      Notes payable                                  10,999,681
      Pre-need liability and reserve                    456,268
      Accrued post-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     59,594,002
                                                 --------------

   Postpetition
      Accounts payable                                1,115,024
      Accrued liabilities                             2,707,090
      Funds held for others
         Second Collections                             126,724
         Short-term investments payable               2,410,598
         Long-term pool investments                   3,590,641
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     22,375
      Accrued post-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                    10,361,051
                                                 --------------
     Total Liabilities                               69,955,053
                                                 --------------

Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,965,813
      Other Assets                                   (3,576,052)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------

   Postpetition Net Assets:
      Charitable Trust Assets                         4,947,923
      Other Assets                                    5,729,760
                                                 --------------
   Total Postpetition Net Assets                     10,677,683
                                                 --------------
      Total Net Assets                               77,067,444
                                                 --------------
Total liabilities & net assets                     $147,022,497
                                                 ==============

                         Pastoral Center
                Archdiocese of Portland in Oregon
                     Statement of Activities
              For the month ending November 30, 2005

Revenues, gains and other support
   Annual Catholic Appeal income                         $1,101
   Gross profit on cemetery sales                        44,476
   Contributions, gifts, annuities and bequests         366,771
   Operating support - Oregon Catholic Press                  -
   Investment income and realized gains (losses),
      net of expenses                                   493,244
   Change in unrealized gains (losses)                1,881,959
   Insurance premiums, net                                1,081
   Interest income from loans                            42,395
   Parish assessments                                   251,797
   Other income                                          52,959
   Departmental revenues                                 32,123
   Net assets released from restrictions                      -
                                                 --------------
   Total revenues, gains, and other support           3,167,906
                                                 --------------

Expenses and program support:
   Program Services:
      Annual Catholic Appeal program support,
         grants and parish subsidies                    212,324
      Clergy Services                                    50,764
      Catholic Schools                                   46,949
      Pastoral Services                                  52,439
      Evangelization Services                            61,273
      Public Services                                    11,143
      Tribunal Services                                  20,947
      Deposit and loan interest                         201,928
      Insurance program                                 266,692
      Cemetery operating expenses                        82,441
      High School grants/charitable annuities             6,996
      Other program expenses                            124,181
                                                 --------------
         Total program services                       1,138,077
                                                 --------------
   Supporting Services:
      Archbishop, Vicar General
         and Chancellor Services                         52,356
      Finance & Administration:
         Resource Development                            69,279
         Business Affairs                                10,221
         Financial Services                              69,092
      Human Resources                                    30,933
      Shared Services                                    22,423
      Occupancy and physical plant expenses              10,996
      Designated funds expense                           30,114
      Bankruptcy expense                                724,456
      Depreciation expense                                    -
                                                 --------------
         Total supporting services                    1,019,870
                                                 --------------
         Total expenses and program support           2,157,947
                                                 --------------
Increase (decrease) in net assets before
   transfers and designations of net assets           1,009,959

Fund transfers - in (out)                                     -

Designation of net assets                                     -
                                                 --------------
Increase (decrease) in net assets                     1,009,959

Net assets at beginning of year                      76,057,485
                                                 --------------
Net assets at end of year                           $77,067,444
                                                 ==============

                Archdiocese of Portland in Oregon
           Statement of Cash Receipts and Disbursements
              For the month ending November 30, 2005

Beginning Cash Balance:                             $16,154,225
Add:
   Transfers in                                         279,982
   Receipts Deposited                                 1,633,978
   Other (Return of Direct Deposits)                          -
   Other (Interest Income)                               48,227
                                                 --------------
   Total Cash Receipts                                1,962,187

Subtract:
   Transfers out                                       (279,982)
   Disbursements by check or debit                   (2,030,146)
   Cash withdrawn                                             -
   Other (Service Charges)                               (2,255)
   Other (Misc Check Correction)                              -
   Other (NSF Checks)                                    (1,080)
   Other (Clear Interfund Rec/Pay)                            -
                                                 --------------
   Total Cash Disbursements                          (2,313,463)
                                                 --------------
Ending Cash Balance                                 $15,802,948
                                                 ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  In its Schedules of Assets and Liabilities filed with
the Court on July 30, 2004, the Portland Archdiocese reports
$19,251,558 in assets and $373,015,566 in liabilities.  (Catholic
Church Bankruptcy News, Issue No. 50; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Spokane's November 2005 Monthly Operating Report
-----------------------------------------------------------------

                   Catholic Diocese of Spokane
                          Balance Sheet
                     As of November 30, 2005

ASSETS
   Total Cash Accounts                               $2,704,579
   Total Investments                                  3,875,875
   Total Property                                       495,004
   Total Loans Receivable                             2,920,805
   Total Interfund Loan Receivable                      396,887
   Total Accounts Receivable                             75,555
   Total Land and Buildings & Equip                   2,474,977
   Total Prepaid Expenses                                63,866
                                                 --------------
Total Assets                                        $13,007,547
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities
   Total Deposits Payable                             6,254,174
   Total Interest Payable                                     0
   Total Accounts Payable                                   464

Total Long-term Liabilities                           9,335,400

Net Assets
   Total Unrestricted - Fund Balance                (15,155,293)
   Total Unrestricted Net Assets                    (15,155,293)
   T.R. - Guse Grant Funds                              228,573
   Total Replacement Fund                             9,923,659
   Total Diocesan D&L Funding                         2,176,115
   Total Guatemala Funds                                602,928
   Temporarily Restricted                                    99
                                                 --------------
Total liabilities & net assets                      $13,137,547
                                                 ==============

                   Catholic Diocese of Spokane
                  Income and Expense Statement
            For the month ending November 30, 2005

Total Income                                           $206,254
Total Expenses                                          500,955
                                                 --------------
Net Excess or Deficit                                  $294,700
                                                 ==============

                     Catholic Diocese of Spokane
           Statement of Cash Receipts and Disbursements
               November 1, 2005 to November 30, 2005

Total Cash Receipts                                    $263,322
Total Cash Disbursements                              ($209,141)


A full-text copy of the Diocese of Spokane's November 2005
monthly operating report is available for free at:

         http://bankrupt.com/misc/spokane_mor_nov.pdf

The Roman Catholic Church of the Diocese of Spokane filed for
chapter 11 protection (Bankr. E.D. Wash. Case No. 04-08822) on
Dec. 6, 2004.  Michael J. Paukert, Esq., at Paine, Hamblen,
Coffin, Brooke & Miller, LLP, represents the Spokane Diocese in
its restructuring efforts.  When the Debtor filed for protection
from its creditors, it listed $11,162,938 in total assets and
$81,364,055 in total debts. (Catholic Church Bankruptcy News,
Issue No. 50; Bankruptcy Creditors' Service, Inc., 215/945-7000)


ENTERGY NEW ORLEANS: Earns $3 Mil. for the Month of November 2005
-----------------------------------------------------------------

                     Entergy New Orleans, Inc.
                           Balance Sheet
                      As of November 30, 2005
                          (in thousands)

ASSETS

Current Assets:
Cash and cash equivalents
   Cash                                                 $62,743
   Temporary cash investments                                 -
                                                    -----------
Total cash and cash equivalents                          62,743

Accounts receivable:
   Customer                                              86,835
   Allowance for doubtful accounts                      (18,621)
   Associated companies                                  28,841
   Other                                                  6,440
   Accrued unbilled revenues                             13,413
                                                    -----------
   Total accounts receivable                            116,908

Deferred fuel costs                                      26,805
Fuel inventory                                            8,003
Materials and supplies                                   10,409
Prepayments and other                                    73,215
                                                    -----------
Total current assets                                    298,083

Other Property and Investments
   Investment in affiliates                               3,259
   Non-utility property at cost                           1,107
                                                    -----------
Total other property and investments                      4,366

Utility Plant
   Electric                                             689,761
   Natural gas                                          188,926
   Construction work in progress                        205,552
                                                    -----------
Total Utility Plant                                   1,084,239

Less - accumulated depreciation and amortization        427,135
                                                    -----------
   Utility plant - net                                  657,104

Deferred Debits and Other Assets
   Regulatory assets:
      Other regulatory assets                           134,158
      Long term receivables                               1,812
   Other                                                 21,094
                                                    -----------
   Total deferred debits and other assets               157,064
                                                    -----------
TOTAL ASSETS                                         $1,116,617
                                                    ===========

LIABILITIES:

Postpetition liabilities:
Taxes payable                                            $5,656
Accounts payable                                         36,089
DIP credit facility                                     100,000
                                                    -----------
   Total postpetition liabilities                       141,745

Current liabilities:
   Currently maturing long-term debt                          -
   Notes payable                                         15,000
   Accounts payable:
      Associated companies                               48,767
      Other                                             259,174
   Customer deposits                                     17,609
   Taxes accrued                                              -
   Accumulated deferred income taxes                      8,318
   Interest accrued                                       4,868
   Energy efficiency program provision                    6,938
   Other                                                  2,277
                                                    -----------
Total current liabilities                               362,951

Non-current liabilities:
   Accumulated deferred income taxes & taxes accrued    115,132
   Accumulated deferred investment tax credits            3,605
   SFAS 109 regulatory liability - net                   50,345
   Other regulatory liabilities                           8,749
   Accumulated provisions                                 7,930
   Pension liability                                     28,111
   Long-term debt                                       229,858
   Other                                                  3,783
                                                    -----------
Total non-current liabilities                           447,513
                                                    -----------
Total Liabilities                                       952,209

Commitments and Contingencies:

SHAREHOLDERS' EQUITY

Preferred stock without sinking fund                     19,780
Common stock, $4 par value, authorized
   10,000,000 shares; issued and
   outstanding 8,435,900 shares in
   2005 and 2004                                         33,744
Paid-in capital                                          36,294
Retained earnings -- prepetition                         99,593
Retained earnings -- postpetition                       (25,003)
                                                    -----------
   Total shareholders equity                            164,408
                                                    -----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY            1,116,617
                                                    ===========

                    Entergy New Orleans, Inc.
                     Statement of Operations
                    Month Ended November 2005
                         (in thousands)


Operating Revenues
   Domestic electric                                    $28,371
   Natural gas                                            6,597
                                                    -----------
   Total operating revenues                              34,968

Operating Expenses:
   Operation and maintenance
      Fuel                                                  924
      Purchased power                                    18,658
      Other operation and maintenance                     4,071
   Taxes other than income taxes                          4,252
   Depreciation and amortization                          2,746
   Other regulatory charges - net                           360
                                                    -----------
   Total operating expenses                              31,011
                                                    -----------
Operating income                                          3,957

Other income:
   Allowance for equity funds used
      during construction                                 1,070
   Interest and dividend income                             231
   Miscellaneous - net                                     (100)
                                                    -----------
   Total other income                                     1,201

Interest and other charges:
   Interest on long-term debt                             1,078
   Other interest-net                                       619
   Allowance for borrowed funds used
      during construction                                  (875)
                                                    -----------
   Total interest and other charges                         822

Income (loss) before income taxes                         4,336
Income taxes                                              1,273
                                                    -----------
NET INCOME                                                3,063
                                                    ===========

                    Entergy New Orleans, Inc.
             Cash Receipts and Disbursement Statement
                    Month Ended November 2005
                          (in thousands)

Beginning cash balance                              $32,788,515

Cash receipts                                        90,869,527
Cash disbursements                                  (60,914,834)
                                                    -----------
   Net cash flow                                     29,954,694
                                                    -----------
ENDING CASH BALANCE                                 $62,743,208
                                                    ===========

Headquartered in Baton Rouge, Louisiana, Entergy New Orleans Inc.
-- http://www.entergy-neworleans.com/-- is a wholly owned
subsidiary of Entergy Corporation.  Entergy New Orleans provides
electric and natural gas service to approximately 190,000 electric
and 147,000 gas customers within the city of New Orleans.  Entergy
New Orleans is the smallest of Entergy Corporation's five utility
companies and represents about 7% of the consolidated revenues and
3% of its consolidated earnings in 2004.  Neither Entergy
Corporation nor any of Entergy's other utility and non-utility
subsidiaries were included in Entergy New Orleans' bankruptcy
filing.  Entergy New Orleans filed for chapter 11 protection on
Sept. 23, 2005 (Bankr. E.D. La. Case No. 05-17697).  Elizabeth J.
Futrell, Esq., and R. Partick Vance, Esq., at Jones, Walker,
Waechter, Poitevent, Carrere & Denegre, L.L.P., represent the
Debtor in its restructuring efforts.  When the Debtor filed for
protection from its creditors, it listed total assets of
$703,197,000 and total debts of $610,421,000.  (Entergy New
Orleans Bankruptcy News, Issue No. 9; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


FEDERAL-MOGUUL: Earns $27.2 Million for the Month of November 2005
------------------------------------------------------------------

                Federal-Mogul Global, Inc., et al.
                     Unaudited Balance Sheet
                     As of November 30, 2005
                          (In millions)

                             Assets

Cash and equivalents                                     $504.6
Accounts receivable                                       621.6
Inventories                                               448.5
Deferred taxes                                             95.5
Prepaid expenses and other current assets                  98.7
                                                     ----------
Total current assets                                    1,768.8

Summary of Unpaid Postpetition Debits                     (77.1)
Intercompany Loans Receivable (Payable)                 2,392.7
                                                     ----------
Intercompany Balances                                   2,315.6

Property, plant and equipment                             932.0
Goodwill                                                1,009.3
Other intangible assets                                   420.7
Insurance recoverable                                     782.9
Other non-current assets                                  957.4
                                                     ----------
Total Assets                                           $8,186.7
                                                     ==========

               Liabilities and Shareholders' Equity

Short-term debt                                          $290.0
Accounts payable                                          202.1
Accrued compensation                                       82.9
Restructuring and rationalization reserves                  8.8
Current portion of asbestos liability                         -
Interest payable                                            0.6
Other accrued liabilities                                 264.5
                                                     ----------
Total current liabilities                                 848.9

Long-term debt                                                -
Post-employment benefits                                1,899.0
Other accrued liabilities                                 899.7
Liabilities subject to compromise                       5,989.7

Shareholders' equity:
   Preferred stock                                      1,050.6
   Common stock                                           565.8
   Additional paid-in capital                           8,022.0
   Accumulated deficit                                 (9,823.1)
   Accumulated other comprehensive income              (1,265.7)
   Other                                                      -
                                                     ----------
Total Shareholders' Equity                             (1,450.4)
                                                     ----------
Total Liabilities and Shareholders' Equity             $8,186.7
                                                     ==========

                Federal-Mogul Global, Inc., et al.
                Unaudited Statement of Operations
              For the month ended November 30, 2005
                          (In millions)

Net sales                                                $271.3
Cost of products sold                                     227.9
                                                     ----------
Gross margin                                               43.5

Selling, general & administrative expenses                (43.7)
Amortization                                               (1.2)
Reorganization items                                       (8.7)
Interest income (expense), net                            (12.3)
Other income (expense), net                                51.8
                                                     ----------
Earnings before Income Taxes                               29.4

Income Tax (Expense) Benefit                               (2.2)
                                                     ----------
Earnings before effect of change in acctg principle       (27.2)
Cumulative effect of change in acctg principle                -
                                                     ----------
Net Earnings (loss)                                       $27.2
                                                     ==========

                 Federal-Mogul Global, Inc., et al.
                Unaudited Statement of Cash Flows
              For the month ended November 30, 2005
                          (In millions)

Cash Provided From (Used By) Operating Activities:
   Net earnings (loss)                                    $27.2
Adjustments to reconcile net earnings (loss):
   Depreciation and amortization                           12.9
   Adjustments of assets held for sale to fair value        0.0
-
   Asbestos Charge                                            -
   Summary of unpaid postpetition debits                      -
   Cumulative effect of change in acctg principle             -
   Change in post-employment benefits                      (0.9)
   Decrease/(increase) in accounts receivable             (15.5)
   Decrease/(increase) in inventories                       7.2
   Increase/(decrease) in accounts payable                 (3.9)
   Change in other assets and other liabilities            96.4
   Change in restructuring charge                          (0.1)
   Refunds (payments) against asbestos liability              -
                                                     ----------
Net Cash Provided From Operating Activities               123.2

Cash Provided From (Used By) Investing Activities:
   Expenditures for property, plant & equipment            (8.3)
   Proceeds from sale of property, plant & equipment          -
   Proceeds from sale of businesses                           -
   Business acquisitions, net of cash acquired                -
   Other                                                      -
                                                     ----------
Net Cash Provided From (Used By) Investing Activities      (8.3)

Cash Provided From (Used By) Financing Activities:
   Increase (decrease) in debt                            (18.5)
   Sale of accounts receivable under securitization           -
   Dividends                                                  -
   Other                                                  (12.5)
                                                     ----------
Net Cash Provided From Financing Activities               (31.0)

Increase (Decrease) in Cash and Equivalents                84.0

Cash and equivalents at beginning of period               420.6
                                                     ----------
Cash and equivalents at end of period                    $504.6
                                                     ==========

Headquartered in Southfield, Michigan, Federal-Mogul Corporation
-- http://www.federal-mogul.com/-- is one of the world's largest
automotive parts companies with worldwide revenue of some US$6
billion.  The Company filed for chapter 11 protection on Oct. 1,
2001 (Bankr. Del. Case No. 01-10582).  Lawrence J. Nyhan Esq.,
James F. Conlan Esq., and Kevin T. Lantry Esq., at Sidley Austin
Brown & Wood, and Laura Davis Jones Esq., at Pachulski, Stang,
Ziehl, Young, Jones & Weintraub, P.C., represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed US$10.15 billion in
assets and US$8.86 billion in liabilities.  At Dec. 31, 2004,
Federal-Mogul's balance sheet showed a US$1.925 billion
stockholders' deficit.  At Nov. 30, 2005, Federal-Mogul's balance
sheet showed a US$1,450.4 billion stockholders' deficit, compared
to a US$1.926 billion deficit at Dec. 31, 2004.  Federal-Mogul
Corp.'s U.K. affiliate, Turner & Newall, is based at Dudley Hill,
Bradford.  (Federal-Mogul Bankruptcy News, Issue No. 100;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


FGI GROUP: Files Monthly Operating Report for November 2005
-----------------------------------------------------------
On Dec. 13, 2005, FGI Group Inc., filed a monthly operating report
for Florsheim Group, Inc., et al., and its debtor-affiliates
covering the period from Nov. 1 to Nov. 30, 2005, with the
United States Bankruptcy Court for the Northern District of
Illinois, Eastern Division.

FGI Group reports a $1,017,667 cash balance at Nov. 30, 2005, and
provides a summary of cash accounts; receipts listings;
disbursements listings; loan account; statement of aged
receivables and accounts payable aging; tax questionnaire; and
declaration.

A full-text copy of FGI Group's November 2005 Monthly Operating
Report is available at no charge at:
http://ResearchArchives.com/t/s?42f

Florsheim Group, Inc., filed for chapter 11 protection on March 4,
2002 (Bankr. N.D. Ill. Case No. 02-08209) to facilitate a sale of
its U.S. wholesale business and 23 retail stores to its U.S.
assets to the Weyco Group, Inc., for $45.6 million in cash,
subject to post closing adjustment.


FLYI INC: Files Schedules of Assets and Liabilities
---------------------------------------------------

A.   Real Property                                            $0

B.   Personal Property
B.2  Checking, savings or other
      financial accounts,
      certificates of deposit,
      or shares in banks, savings
      and loan, thrift, building
      and loan, and homestead
      associations, or credit
      unions, brokerage houses,
      or cooperatives                                    163,204

B.12 Stock and interests in
      incorporated and
      unincorporated businesses                          Unknown

B.14 Government and corporate
      bonds and other negotiable
      and non-negotiable instruments                   1,008,595

B.15 Accounts Receivables                            285,869,450

B.17 Other liquidated debts
      owing debtor including tax
      refunds                                             92,136

B.19 Contingent & noncontingent
      interests in estate of a
      decedent, death benefit
      plan, life insurance
      policy, or trust                                   Unknown

B.20 Other contingent and
      unliquidated claims of
      every nature, including tax
      refunds, counterclaims of
      the debtor, and rights to
      setoff claims                                      Unknown

      TOTAL SCHEDULED ASSETS                        $287,133,385
                                                   =============

C. Property Claimed as Exempt                     Not Applicable

D. Secured Claims                                             $0

E. Priority Claims                                            $0

F. Unsecured Non-Priority Claims
     1997-1 Pass Through Trusts                        7,316,072
     AVSA S.A.R.L                                        Unknown
     BAE Systems (Operations) Limited                  3,661,438
     BAE Systems Regional Aircraft, Inc.               5,000,000
     Canadian Regional Aircraft Finance               18,924,087
     Erste Bank                                          665,830
     Export Development Canada                        56,734,624
     Finova                                            4,459,208
     HSH Nordbank AG                                  19,598,202
     Loudon Gateway III, LLC                              35,383
     Stacy M. Platone                                    370,000
     Trident Turboprop (Dublin) Ltd.                  13,442,905
     Trident Turboprop (Dublin) Ltd.                   2,750,309
     Trident Turboprop (Dublin) Ltd.                      69,493
     U.S. Bank National Association                  125,000,000
     Wachovia Bank (BofA)                                Unknown
     Wachovia Bank (GECAS)                               Unknown
     Wachovia Bank (Goldman Sachs)                       Unknown
     Wachovia Bank (Transamerica)                        Unknown
     Wachovia Bank (Barclays (GECAS))                    146,678
     Wachovia Bank (Bremer LB/Nord LB)                   226,895
     Wachovia Bank (Bank of Montreal)                     55,858
     Wachovia Bank (CRAFT (BofA))                        120,382
     Wachovia Bank (CRAFT (GECAS))                        59,101
     Wachovia Bank (CRAFT (Mellon))                       31,761
     Wachovia Bank (EDC (BofA))                          506,373
     Wachovia Bank (EDC (Comerica))                      149,796
     Wachovia Bank (EDC (Debis))                         336,821
     Wachovia Bank (EDC (Fifth Third))                   153,159
     Wachovia Bank (EDC (Key))                           171,704
     Wachovia Bank (EDC (Goldman Sachs))                 304,435
     Wachovia Bank (EDC (National City)                   43,937
     Wachovia Bank (HSH (GECAS))                         150,120
     Wachovia Bank (HSH (Wells Fargo))                   129,605
     Wachovia Bank (HVB (GECAS))                         157,566

     TOTAL SCHEDULED LIABILITIES                    $260,771,743
                                                   =============

Headquartered in Dulles, Virginia, FLYi, Inc., aka Atlantic Coast
Airlines Holdings, Inc. -- http://www.flyi.com/-- is the parent
of Independence Air Inc., a small airline based at Washington
Dulles International Airport.  The Debtor and its six affiliates
filed for chapter 11 protection on Nov. 7, 2005 (Bankr. D. Del.
Case Nos. 05-20011 through 05-20017).  Brendan Linehan Shannon,
Esq., M. Blake Cleary, Esq., and Matthew Barry Lunn, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in their
restructuring efforts.  As of Sept. 30, 2005, the Debtors listed
assets totaling $378,500,000 and debts totaling $455,400,000.
(FLYi Bankruptcy News, Issue No. 6; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


FLYI INC: Independence Air Files Schedules of Assets and Debts
--------------------------------------------------------------

    A.   Real Property                                        $0

    B.   Personal Property
    B.1  Cash on hand                                    $30,270
    B.2  Bank Accounts                                56,225,406
    B.3  Security deposits                            21,764,801
    B.9  Interests in insurance policies                 Unknown
    B.12 Stocks and interests                            Unknown
    B.14 Government and corporate bonds               20,581,561
    B.15 Accounts Receivable                          22,387,573
    B.17 Other liquidated debts                        1,481,091
    B.19 Contingent and noncontingent interests          Unknown
    B.20 Other contingent and unliquidated claims        Unknown
    B.21 Patents and other intellectual property         Unknown
    B.22 Licenses and other general intangibles          170,625
    B.23 Automobiles and other vehicles                  519,982
    B.25 Aircraft and accessories                    129,189,094
    B.26 Office equipment                              9,958,100
    B.27 Machinery, fixtures and equipment             6,878,010
    B.28 Inventory                                    14,544,143
    B.33 Other personal property
            GE Spare Parts Collateral                  1,040,300
            Split Dollar Life                            789,986
            2 Lowe's Island Country Club Membership      Unknown
            1 Landsowne Resort Country Club Membership   Unknown
            1 International Country Club Membership      Unknown


      TOTAL SCHEDULED ASSETS                        $285,560,942
                                                   =============

    C.   Property Claimed as Exempt               Not Applicable

    D.   Secured Claims                              168,649,600

    E.   Unsecured Priority Claims                     3,173,302

    F.   Unsecured Non-Priority Claims
            Trade                                     11,938,089
            Lease                                      2,744,192
            Letter of Credit                           1,730,614
            Litigation                                     1,000
            Other
               Employee Vacation Pay & Reimbursements    111,253
               Federal Aviation Authority              1,550,000
               FLYi, Inc.                            285,869,450
               IDA, Loudon County Hangar              12,345,000
               Kerry Skeen                               639,391
               U.S. Bank National Association            150,494
               Wachovia Bank, N.A.                       125,200

      TOTAL SCHEDULED LIABILITIES                   $489,027,585
                                                   =============

Headquartered in Dulles, Virginia, FLYi, Inc., aka Atlantic Coast
Airlines Holdings, Inc. -- http://www.flyi.com/-- is the parent
of Independence Air Inc., a small airline based at Washington
Dulles International Airport.  The Debtor and its six affiliates
filed for chapter 11 protection on Nov. 7, 2005 (Bankr. D. Del.
Case Nos. 05-20011 through 05-20017).  Brendan Linehan Shannon,
Esq., M. Blake Cleary, Esq., and Matthew Barry Lunn, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in their
restructuring efforts.  As of Sept. 30, 2005, the Debtors listed
assets totaling $378,500,000 and debts totaling $455,400,000.
(FLYi Bankruptcy News, Issue No. 7; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


FLYI INC: Five Affiliates Report No Assets and Liabilities
----------------------------------------------------------
Five debtor-affiliates of FLYi, Inc., report no assets and
liabilities:

    -- Atlantic Coast Jet, LLC
    -- Atlantic Coast Academy, Inc.
    -- IA Sub, Inc.
    -- Atlantic Coast Airlines, Inc.
    -- WaKeeney, Inc.

David Asai, the Company's chief financial officer, tells the
Court that Atlantic Coast Academy has an executory contract with
Eagle Research Laboratories, Inc., dated Dec. 16, 2002.

Headquartered in Dulles, Virginia, FLYi, Inc., aka Atlantic Coast
Airlines Holdings, Inc. -- http://www.flyi.com/-- is the parent
of Independence Air Inc., a small airline based at Washington
Dulles International Airport.  The Debtor and its six affiliates
filed for chapter 11 protection on Nov. 7, 2005 (Bankr. D. Del.
Case Nos. 05-20011 through 05-20017).  Brendan Linehan Shannon,
Esq., M. Blake Cleary, Esq., and Matthew Barry Lunn, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in their
restructuring efforts.  As of Sept. 30, 2005, the Debtors listed
assets totaling $378,500,000 and debts totaling $455,400,000.
(FLYi Bankruptcy News, Issue No. 7; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


FOAMEX INT'L: Earns $14.6 Million for the Month of October 2005
---------------------------------------------------------------

             Foamex International, et al., as Debtors
                    Consolidated Balance Sheet
                     As of November 31, 2005

                              ASSETS

Current Assets
      Cash                                           $3,912,000
      Accounts Receivable, net                      196,677,000
      Inventory                                      92,587,000
      Other current assets                           43,970,000
                                                  -------------
Total current assets                                337,146,000

Land & land improvements                              5,100,000
Buildings                                            92,251,000
Leasehold improvement                                 5,302,000
Machinery & Equipment                               226,966,000
Furniture & Fixtures                                  5,159,000
Auto equipment                                        7,895,000
Computer equipment                                    7,506,000
Construction in progress                              1,241,000
Accumulated depreciation                           (250,201,000)
                                                  -------------
Total property plant & equipment, net               101,219,000
                                                  -------------

Goodwill, net                                        86,191,000
Debt Issuance costs, net                              6,753,000
Investment in subsidiaries                           21,543,000
Long-term intercompany receivable                     4,850,000
Other Assets                                         40,202,000
                                                  -------------
Total Assets                                       $597,906,000
                                                  =============

              LIABILITIES & STOCKHOLDERS' DEFICIENCY

Current Liabilities
      Revolver borrowings                          $161,158,000
      Current portion of long-term debt              86,195,000
      Accounts payable                               64,648,000
      Intercompany                                      115,000
      Accrued employee costs                         15,637,000
      Accrued rebates                                10,518,000
      Accrued interest                                  587,000
      Other current liabilities                      17,438,000
                                                  -------------
Total current liabilities                           356,066,000

Long-term debt                                          301,000
Intercompany debt                                             -
Liability Subject to Compromise                     644,683,000
Other liabilities                                    14,347,000
                                                  -------------
Total Long-Term Liabilities                         659,231,000
                                                  -------------
Total Liabilities                                 1,015,397,000

Common stock                                            280,000
Preferred stock                                          15,000
Additional paid-in capital                          102,547,000
Treasury stock                                      (27,780,000)
Partners capital                                              0
Other comprehensive income (loss)                   (34,488,000)
Shareholder loans                                    (9,221,000)
Accumulated deficit                                (448,843,000)
                                                  -------------
                                                   (417,491,000)
                                                  -------------
Liabilities & Stockholders Deficiency              $597,906,000
                                                  =============

             Foamex International, et al., as Debtors
                  Consolidated Income Statement
                  Month Ended November 31, 2005

Gross Sales                                        $136,733,000
Rebates, Discount & Sale Allowance                   (7,187,000)
                                                  -------------
Net Sales                                           129,546,000

Material                                             72,239,000
Labor                                                 5,054,000
Overhead                                             15,137,000
Freight/Shipping                                      5,528,000
                                                  -------------
Cost of Sales                                        97,958,000

Gross Profit                                         31,588,000

Labor & Employee Expense                              4,047,000
Indirect Materials & Samples                            (44,000)
Equipment & Maintenance Expense                          43,000
Facility Expense                                        247,000
Travel & Entertainment                                  304,000
Technology                                              225,000
Professional Fees & Services                          1,873,000
Other Miscellaneous Expense                             353,000
Insurance & Tax                                         200,000
Bad debt expense                                      1,526,000
Bank/Collection Costs                                    75,000
Transportation Cost                                      14,000
Depreciation/Amortization                               363,000
Corp. Cost to COS                                      (912,000)
                                                  -------------
Selling, general & admin expenses                     8,315,000

Restructuring & Impairment Charges                      135,000
                                                  -------------
Income from operations                               23,138,000

Interest Expense                                      7,470,000

Equity in earnings of JV & non-debtor subs              442,000
Other Income & (Expense)                                 34,000

Professional Fees                                     1,494,000
Provision/(Gains) - Rejected Contracts                 (132,000)
Bankruptcy Filing Fees                                        -
Other Expense                                           142,000
Debt Adjustment Gain/Loss                                     -
                                                  -------------
Reorganization Expense (Income)                       1,504,000

Income before Tax                                    14,641,000
Tax Provision                                                 -
                                                  -------------
Net Income                                          $14,641,000
                                                  =============

Headquartered in Linwood, Pa., Foamex International Inc. --
http://www.foamex.com/-- is the world's leading producer of
comfort cushioning for bedding, furniture, carpet cushion and
automotive markets.  The Company also manufactures high-
performance polymers for diverse applications in the industrial,
aerospace, defense, electronics and computer industries.  The
Company and eight affiliates filed for chapter 11 protection on
Sept. 19, 2005 (Bankr. Del. Case Nos. 05-12685 through 05-12693).
Attorneys at Paul, Weiss, Rifkind, Wharton & Garrison LLP,
represent the Debtors in their restructuring efforts.  Houlihan,
Lokey, Howard and Zukin and O'Melveny & Myers LLP are advising the
ad hoc committee of Senior Secured Noteholders.  As of July 3,
2005, the Debtors reported $620,826,000 in total assets and
$744,757,000 in total debts.  (Foamex International Bankruptcy
News, Issue No. 9; Bankruptcy Creditors' Service, Inc., 215/945-
7000)


INTERSTATE BAKERIES: Posts $32MM Net Loss for Period Ended Nov. 12
------------------------------------------------------------------

          Interstate Bakeries Corporation and Subsidiaries
           Unaudited Consolidated Monthly Operating Report
                 Four Weeks Ended November 12, 2005

REVENUE

Gross Income                                         $231,310,359
Less Cost of Goods Sold
       Ingredients, Packaging, & Outside Purchasing    58,752,731
       Direct & Indirect Labor                         42,082,731
       Overhead & Production Administration            14,709,574
                                                     ------------
       Total Cost of Goods Sold                       115,545,036
                                                     ------------
          Gross Profit                               $115,765,323
                                                     ------------

OPERATING EXPENSES

Owner-Draws/Salaries                                            -
Selling & Delivery Employee Salaries                  $57,742,526
Advertising and Marketing                               1,765,098
Insurance (Property, Casualty, & Medical)              13,826,621
Payroll Taxes                                           4,768,675
Lease and Rent                                          3,772,919
Telephone and Utilities                                 1,210,133
Corporate Expense (Including Salaries)                  5,793,783
Other Expenses                                         33,763,029
                                                     ------------
       Total Operating Expenses                      $122,642,784
                                                     ------------
EBITDA                                                ($6,877,461)

Restructuring & Reorganization Charges                    334,886
Depreciation and Amortization                           5,769,034
Other Income                                              (48,740)
Gain/Loss Sale of Property                                (48,333)
Interest Expense                                        3,890,886
                                                     ------------
Operating Income (Loss)                               (16,775,194)

Income Tax Expense (Benefit)                           15,759,552
                                                     ------------
Net Income (Loss)                                    ($32,534,746)
                                                     ============

CURRENT ASSETS
       Accounts Receivable at end of period          $157,000,667
       Increase (Decrease) in Accounts Receivable       4,535,319
       Inventory at end of period                      62,199,768
       Increase (Decrease) in Inventory for period     (1,373,840)
       Cash at end of period                          134,819,375
       Increase (Decrease) in Cash for period         (14,020,308)
       Restricted Cash                                 19,923,050
       Increase (Dec.) in Restricted Cash for period      288,214

  LIABILITIES
       Increase (Decrease) in Liabilities
          Not Subject to Compromise                    54,120,775
       Increase (Decrease) in Liabilities
          Subject to Compromise                         5,093,955
       Taxes payable:
          Federal Payroll Taxes                        11,762,728
          State/Local Payroll Taxes                     5,555,639
          State Sales Taxes                               743,247
          Real Estate and Personal Property Taxes      17,708,345
          Other                                         5,898,438
                                                     ------------
          Total Taxes Payable                         $41,668,397
                                                     ============

The Company and seven of its debtor-affiliates filed for chapter
11 protection on September 22, 2004 (Bankr. W.D. Mo. Case No.
04-45814). J. Eric Ivester, Esq., and Samuel S. Ory, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $1,626,425,000 in
total assets and $1,321,713,000 (excluding the $100,000,000 issue
of 6.0% senior subordinated convertible notes due August 15, 2014,
on August 12, 2004) in total debts.  (Interstate Bakeries
Bankruptcy News, Issue No. 34; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


KAISER ALUMINUM: Earns $4 Million for the Month of November 2005
----------------------------------------------------------------

            Kaiser Aluminum Corporation -- All Debtors
                     Unaudited Balance Sheets
                      As of November 30, 2005
                          (In Thousands)

                             ASSETS

Cash                                                    $53,586

Receivables:
   Trade                                                100,516
   Other                                                 12,702
                                                     ----------
Total Receivables                                       113,218

Inventories                                             104,040
Prepaid expenses and other current assets                18,396
                                                     ----------
Total current assets                                    289,240

Investments in and advances to subsidiaries              21,308
Intercompany receivables/payables, net                   (4,142)
Property, plant, and equipment - net                    221,546
Deferred income taxes                                         -
Restricted proceeds from sale of commodity interests    684,876
Other assets                                          1,013,153
                                                     ----------
Total Assets                                         $2,225,981
                                                     ==========

               LIABILITIES & STOCKHOLDERS' EQUITY

Liabilities not subject to compromise:
   Accounts Payable                                     $51,358
   Accrued interest                                         981
   Accrued salaries, wages and related expenses          50,188
   Accrued post retirement benefit - current                  -
   Other accrued liabilities                             86,537
   Payable to affiliates                                 14,315
   Long term debt - current portion                       1,162
                                                     ----------
Total current liabilities                               204,541

Long-term liabilities                                    41,738
Accrued postretirement benefit obligation                     1
Long-term debt                                            1,212
Liabilities subject to compromise                     3,976,377
Minority interests                                          655

Stockholders' equity:
   Preference stock                                           -
   Common stock                                             789
   Additional capital                                   538,009
Accumulated deficit - As of filing date                (952,443)
Accumulated deficit - Post filing date               (1,575,144)
Accumulated other comprehensive income (loss)            (9,754)
Note receivable from parent                                   -
                                                     ----------
Total Liabilities & Stockholders' Equity             $2,225,981
                                                     ==========

            Kaiser Aluminum Corporation -- All Debtors
                Unaudited Statements of Operations
              For the Month Ending November 30, 2005
                          (In Thousands)

Net Sales                                               $95,134

Costs and expenses:
   Cost of products sold                                 80,574
   Depreciation & amortization                            1,644
   Selling, administrative, R&D and general               6,165
   Other operating charges (benefits), net                    -
                                                     ----------
Total costs and expenses                                 88,383
                                                     ----------
Operating income (loss)                                   6,751

Other income (expense):
   Interest expenses, net                                  (302)
   Reorganization items                                    (173)
   Other-net                                               (128)
                                                     ----------
Income (loss) before
   income taxes and minority interest                     6,148
(Provision) benefit for income taxes                     (2,043)
Minority interests                                            -
Equity in income (loss) of subsidiaries                      (6)
                                                     ----------
Net income (loss)                                        $4,099
                                                     ==========

            Kaiser Aluminum Corporation -- All Debtors
     Schedule of Consolidated Cash Receipts and Disbursements
              For the Month Ending November 30, 2005
                          (In Thousands)

Receipts:
   Trade Receivables
      KACC Receivables                                  $72,898
      KAII Receivables                                   21,241
                                                     ----------
   Total Trade Receivables                               94,139

   COBRA receipts                                           645
   Proceeds from Hedging Settlement                         242
                                                     ----------
Total Receipts                                           95,026

Disbursements:
   Inventory/Raw Materials                               37,474
   Capital Expenditures                                   5,255
   Domestic Income Tax Payment                                -
   Maintenance, Materials, etc.                           3,647
   Freight                                                5,592
   Utilities/Energy                                       6,823
   Hourly Payroll                                         6,734
   Salaried Payroll                                       3,388
   Hedging Activities                                       286
   VEBA Advances                                          1,967
   Medical - Current Employees                            2,698
   Annual Insurance Premiums                              1,965
   Workmen's Compensation                                   408
   Corporate General and Administrative                   7,166
   JV Fundings - Primary, Net of Reimbursements           9,821
   Other Disbursements                                    4,820
                                                     ----------
Total Operating and G&A Disbursements                    98,044

Reorganization Items                                      1,121
                                                     ----------
Total Disbursements                                      99,165
                                                     ----------
Net Cash Flow                                            (4,139)

Beginning Bank Cash Balances                             54,402
                                                     ----------
Ending Bank Cash Balances                                50,263

Reconciling Items                                         3,323
                                                     ----------
Ending Book Cash Balances                               $53,586
                                                     ==========

Headquartered in Foothill Ranch, California, Kaiser Aluminum
Corporation -- http://www.kaiseraluminum.com/-- is a leading
producer of fabricated aluminum products for aerospace and high-
strength, general engineering, automotive, and custom industrial
applications.  The Company filed for chapter 11 protection on
February 12, 2002 (Bankr. Del. Case No. 02-10429), and has sold
off a number of its commodity businesses during course of its
cases.  Corinne Ball, Esq., at Jones Day, represents the Debtors
in their restructuring efforts.  On June 30, 2004, the Debtors
listed $1.619 billion in assets and $3.396 billion in debts.
(Kaiser Bankruptcy News, Issue No. 87; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


KUSHNER-LOCKE: Releases September 2005 Monthly Operating Reports
----------------------------------------------------------------
On Dec. 16, 2005, The Kushner-Locke Company and its debtor-
affiliates filed their unaudited September 2005 Monthly Operating
Reports with the U.S. Bankruptcy Court for the Central District of
California, Los Angeles Division.

For the month ending Sept. 30, 2005, The Kushner-Locke Company's
Profit & Loss Statement shows:

      Gross Profit                           $0
      Total Operating Expenses           64,649
      Total Non-Operating Expenses       98,922
      Net Income (Loss)               ($163,570)

For the period from Sept. 1, 2005, through Sept. 30, 2005, The
Kushner-Locke Company's Cash Receipts and Disbursements Report
shows:

                              Collateral    Concentration
                                Account        Account
                              ----------    -------------
      Beginning Balance       $2,082,918         $117,567
      Total Receipts               6,022          159,029
      Total Disbursements        152,000          163,520
      Ending Balance          $1,936,941         $113,076

Full-text copies of The Kushner-Locke Company's September 2005
Monthly Operating Reports are available at no charge at:

Profit & Loss Statement:

               http://ResearchArchives.com/t/s?42a

Cash Receipts and Disbursements Report:

               http://ResearchArchives.com/t/s?42b

Headquartered in Los Angeles, California, The Kushner-Locke
Company is a low-budget movie production studio.  The Company,
along with its debtor-affiliates filed for chapter 11 protection
on Nov. 21, 2001 in the U.S. Bankruptcy Court for the Central
District of California.  The cases are jointly administered under
case number 01-44828.


LEVITZ HOME: Posts $11.3 Million Net Loss in October 2005
---------------------------------------------------------

                  Levitz Home Furnishings, Inc.
                    Consolidated Balance Sheet
                      As of October 31, 2005

                            ASSETS

Current Assets
   Cash & Cash Equivalents                           $9,261,000
   Net Receivables                                    3,460,000
   Net Inventory                                     73,861,000
   Prepaid Expenses & Other                           9,074,000
   Deferred Financing Fees                            2,557,000
                                                 --------------
TOTAL CURRENT ASSETS                                 98,213,000

Net PP&E                                             53,411,000
Capital Leases, net                                  13,092,000
Other Assets                                          6,002,000
Deferred Financing Fees                               6,847,000
Leasehold Interests                                  42,114,000
                                                 --------------
TOTAL ASSETS                                       $219,679,000
                                                 ==============

                      LIABILITIES & EQUITY

Current Liabilities
   Liabilities Subjected to Compromise              $93,067,000
   Accounts Payable                                           -
   Accrued Expenses                                  88,862,000
   Customer Deposits                                 42,400,000
   Deferred Revenue                                   2,431,000
   Current Portion LTD                                1,054,000
                                                 --------------
TOTAL CURRENT LIABILITIES                           227,814,000

Long Term Debt
   DIP                                               50,082,000
   Class A Notes                                    100,000,000
   Class B Notes                                     30,341,000
   Capital Leases                                    25,509,000
                                                 --------------
TOTAL LONG TERM DEBT                                205,932,000

Deferred Revenue and Other                            1,805,000
Minimum Pension Liability                            14,967,000

Equity
   Preferred Stock                                       10,000
   Capital Stock                                        231,000
   Equity Receivable                                   (500,000)
   Paid In Capital                                  179,230,000
   Capital Stock Unissued and Reserved
      for Class 5 Claims                                 18,000
   Warrants                                          35,090,000
   Dividends Distributable                           13,769,000
   Retained Earnings                               (451,919,000)
   Accum. Other Comprehensive Loss                   (6,768,000)
                                                 --------------
TOTAL EQUITY                                       (230,839,000)
                                                 --------------
TOTAL LIABILITIES & EQUITY                         $219,679,000
                                                 ==============

                  Levitz Home Furnishings, Inc.
                     Statement of Operations
               For the Period October 12 - 31, 2005

Delivered Sales                                     $21,205,000
Cost of Sales                                        12,065,000
                                                 --------------
   Gross Margin                                       9,140,000

Store Operating Costs
   Payroll                                            3,086,000
   Occupancy                                          5,313,000
   Credit (includes Private Label)                      645,000
   Other Store Expenses                                 405,000
                                                 --------------
Total Store Operating Costs                           9,449,000
                                                 --------------
Store operating profit/(loss)
   before depreciation & amortization                  (309,000)

Distribution Costs
   Payroll                                            1,115,000
   Occupancy                                          1,011,000
   Customer Service                                     345,000
   Delivery Expense                                     856,000
   Delivery Income                                     (949,000)
   Other Warehouse Expenses                             425,000
                                                 --------------
Total Distribution Costs                              2,803,000

Advertising
   Gross Advertising                                    581,000
   Less: Co-op Advertising                              (57,000)
                                                 --------------
Net Advertising Expense                                 524,000

General & Administrative Expenses
   Payroll                                            1,082,000
   Occupancy                                            148,000
   Other G&A Expenses                                   660,000
                                                 --------------
Total General & Administrative Expenses               1,890,000

EBITDA                                               (5,526,000)
Reorganization                                        4,337,000
One Time Expenses                                         4,000
Slotting Income                                         257,000
ADJUSTED EBITDA                                      (9,611,000)
Depreciation                                            671,000
Amortization                                            327,000
Straight Line Rent                                       72,000
Interest Expense                                        634,000
Other/Franchise Taxes                                         -
                                                 --------------
Loss before Income Taxes                            (11,314,000)

Provision for Income Taxes                                    -
                                                 --------------
   NET LOSS                                        ($11,314,000)
                                                 ==============

                  Levitz Home Furnishings, Inc.
           Statement of Cash Receipts and Disbursements
               For the Period October 12 - 31, 2005

Est. Cash and cash equivalents 10-11-05              $8,896,785

Cash in
   Household - Pre petition                             550,863
   Household - Post Petition                          7,400,700
   Store Receipts                                    18,744,018
   Net change Credit line (net Borrowings)            6,997,416
   Other                                                532,578
                                                 --------------
   TOTAL CASH IN                                     34,225,575

Payments out
   Merchandise                                       12,297,185
   Payroll                                            2,500,517
   Payroll Taxes                                      1,208,935
   Petty Cash                                               200
   Beneficial Credit Refund                               2,314
   Prepaid Occupancy                                          -
   Prepaid Insurance                                          -
   Prepaid Expenses (Oracle service contract)            24,263
   Other Prepaids (MIS)                                  59,831
   Prepaid Postage                                            -
   Prepaid Point of Purchase                              9,346
   Pennsylvania Withholding Taxes Payable                 8,216
   Langhorne Withholding Taxes Payable                    1,279
   Whitehall Withholding Taxes Payable                    1,236
   Wilmington Withholding Taxes Payable                   6,508
   Local Withholding Taxes Payable                          784
   Arizona Unemployment/Disability Tax                      140
   Delaware Unemployment/Disability Tax                   2,500
   Nevada Unemployment/Disability Tax                     5,000
   New York Unemployment/Disability Tax                  62,000
   Union Dues                                            11,459
   Garnishee Payable                                     73,430
   Sales Tax Liability                                4,396,262
   Accrued Expenses - Municipal taxes                     3,097
   Accrued Expense - Rent Rolls                       7,478,592
   Purchase Discounts                                      (760)
   Medical                                              562,786
   Life Insurance                                        25,601
   Other                                                 17,247
   Union Health and Welfare                             305,221
   Rent                                                   1,200
   Electric                                                 450
   Heat                                                      22
   Water                                                  5,271
   Maintenance & Repair- General                         32,406
   Maintenance & Repair-Computer Equip                    3,844
   Maintenance & Repair-Landscaping                         819
   Maintenance & Repair-Office Cleaning                 121,300
   Telephone                                              6,975
   Security-Service Contract                              9,585
   Security-Guards                                       25,773
   Security-Repairs                                         530
   Oper Exp - Furniture.com Fees                              -
   Office Supplies                                        1,194
   Safety Supplies                                           25
   Crown Parts Supplies                                   2,748
   Furn Workroom Supplies                                   133
   Meals                                                 10,566
   Entertainment                                            100
   Air Travel                                             9,982
   Lodging/hotel                                         17,233
   Auto Allowance                                        35,075
   Car Service/Rental                                     4,661
   Cell Phone Use                                         4,621
   Other Travel Expenses                                 22,806
   Recr/Training - Internet                                 420
   Recruiting/Training General Expenses                     172
   Transfers                                            377,170
   Prof Fees - Consulting                                 5,000
   Prof Fees - Legal                                          -
   Prof Fees - Employee Related                           5,650
   Prof Fees - Personal Injury                           11,383
   Prof Fees - Real Estate                                3,302
   Armored Car                                           24,292
   Leased Equipment                                      11,047
   Displays                                                 303
   Signs                                                    130
   Temp Help                                              5,996
   Rubbish                                                  356
   Postage                                                  431
   Other Misc Exp                                         2,170
   Business Taxes                                        12,585
   Dues and Subscriptions                                   313
   Sales Promotion                                        5,056
   Donations                                                100
   Penalties                                                692
   Messenger                                              3,262
   ADP                                                   33,596
   Kronos                                                15,915
   Bounces Check Fees                                       173
   Workers Compensation Claims                          266,977
   Delivery Expense                                   1,656,294
   Del Chg - Even Exchange/Red Rose                      29,702
   Del Chg - Refusals                                    12,527
   Del Chg - Specials                                    27,157
   Del Chg - Bunk Beds                                   14,603
   Del Chg - Peddle Runs                                 10,297
   Del Chg - Fuel                                        33,684
   Del Chg - Shortfall                                    2,734
   Delivery Expense - Flat Rate                          16,300
   Delivery Expense - Misc                              (13,430)
   Del Chg - Non Eletto Vendors                          15,003
   Customer Service / Repair                            384,008
   Advertising - Television                               2,210
   Advertising - Print                                  468,596
   Misc Advertising                                         500
   Advertising - Point of Purchase                       20,394
   Straight-line Rent                                        40
   AlixPartners LLC                                           -
   FTI                                                        -
   Customer refunds                                     210,000
   401 K                                                297,828
   Service Charge/ Misc                                  31,110
   GE Loan Fees                                         475,000
                                                 --------------
   TOTAL PAYMENTS OUT                                33,861,555
                                                 --------------
   NET CASH ACTIVITY                                   $364,020
                                                 ==============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 6; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Posts $9 Million Net Loss in November 2005
-------------------------------------------------------

                  Levitz Home Furnishings, Inc.
                    Consolidated Balance Sheet
                      As of November 30, 2005

                             ASSETS

Current Assets
   Cash & Cash Equivalents                           $6,044,000
   Net Receivables                                    3,231,000
   Net Inventory                                     76,681,000
   Prepaid Expenses & Other                           6,462,000
   Deferred Financing Fees                            2,403,000
                                                 --------------
TOTAL CURRENT ASSETS                                 94,821,000

Net PP&E                                             52,306,000
Capital Leases, net                                  12,977,000
Other Assets                                          5,858,000
Deferred Financing Fees                               6,665,000
Leasehold Interests                                  41,655,000
                                                 --------------
TOTAL ASSETS                                       $214,282,000
                                                 ==============

                       LIABILITIES & EQUITY

Current Liabilities
   Liabilities Subjected to Compromise              $88,736,000
   Accounts Payable                                           -
   Accrued Expenses                                  91,235,000
   Customer Deposits                                 37,476,000
   Deferred Revenue                                   2,011,000
   Current Portion LTD                                1,051,000
                                                 --------------
TOTAL CURRENT LIABILITIES                           220,509,000

Long Term Debt
   DIP                                               61,074,000
   Class A Notes                                    100,000,000
   Class B Notes                                     30,341,000
   Capital Leases                                    25,494,000
                                                 --------------
TOTAL LONG TERM DEBT                                216,909,000
                                                 --------------

Deferred Revenue and Other                            1,736,000
Minimum Pension Liability                            14,967,000

Equity
   Preferred Stock                                       10,000
   Capital Stock                                        231,000
   Equity Receivable                                   (500,000)
   Paid In Capital                                  179,230,000
   Capital Stock Unissued and Reserved
      for Class 5 Claims                                 18,000
   Warrants                                          35,090,000
   Dividends Distributable                           13,769,000
   Retained Earnings                               (460,919,000)
   Accum. Other Comprehensive Loss                   (6,768,000)
                                                 --------------
TOTAL EQUITY                                       (239,839,000)
                                                 --------------
TOTAL LIABILITIES & EQUITY                         $214,282,000
                                                 ==============

                   Levitz Home Furnishings, Inc.
                     Statement of Operations
              For the Period November 1 to 30, 2005

Delivered Sales                                     $41,910,000
Cost of Sales                                        21,921,000
                                                 --------------
   Gross Margin                                      19,989,000

Store Operating Costs
   Payroll                                            4,203,000
   Occupancy                                          7,842,000
   Credit (includes Private Label)                    1,694,000
   Other Store Expenses                                 710,000
                                                 --------------
Total Store Operating Costs                          14,449,000
                                                 --------------
Store operating profit/(loss)
   before depreciation & amortization                 5,540,000

Distribution Costs
   Payroll                                            1,822,000
   Occupancy                                          1,448,000
   Customer Service                                     518,000
   Delivery Expense                                   2,211,000
   Delivery Income                                   (1,952,000)
   Other Warehouse Expenses                             553,000
                                                 --------------
Total Distribution Costs                              4,600,000

Advertising
   Gross Advertising                                  2,735,000
   Less: Co-op Advertising                              (62,000)
                                                 --------------
Net Advertising Expense                               2,673,000

General & Administrative Expenses                     2,797,000
                                                 --------------
EBITDA                                               (4,530,000)

  Reorganization                                      2,182,000
  One Time Expenses                                           -
  Slotting Income                                       398,000
                                                 --------------
ADJUSTED EBITDA                                      (6,314,000)

  Depreciation                                        1,125,000
  Amortization                                          507,000
  Straight Line Rent                                    105,000
  Interest Expense                                      916,000
  Other/Franchise Taxes                                  33,000
                                                 --------------
Loss before Income Taxes                             (9,000,000)

Provision for Income Taxes                                    -
                                                 --------------
   NET LOSS                                         ($9,000,000)
                                                 ==============

                  Levitz Home Furnishings, Inc.
           Statement of Cash Receipts and Disbursements
              For the Period November 1 to 30, 2005

Est. Cash and cash equivalents 10-31-05              $9,260,806

Cash in
   Store Receipts                                    41,525,334
   Net GE Funding                                    11,270,472
                                                 --------------
   TOTAL CASH IN                                     52,795,806

Payments out
   Manual Checks - Merchandise                          100,814
   Merchandise                                       25,971,638
   Customer Refunds                                   1,505,000
   401 k                                                312,147
   Payroll                                            5,877,945
   Medical                                              524,619
   Workers Compensation Claims                          258,214
   Payroll Taxes                                      1,894,755
   Sales Tax                                          2,248,149
   Life Insurance                                        10,722
   Furniture.com                                         57,716
   Miscellaneous                                          6,958
   MC/VISA Receivable - ADS                               4,894
   A/R Cam                                                  555
   Beneficial Credit Receivable                           3,150
   Prepaid Advertising                                  224,000
   Prepaid Occupancy                                    682,683
   Prepaid Insurance                                    401,482
   Other Prepaids                                        14,967
   Prepaid Postage                                       20,000
   Prepaid Point of Purchase                             14,768
   Computer Software                                     10,975
   Fixtures                                               3,988
   Signs                                                 22,200
   Construction in Progress                               4,752
   Other Deposits                                        10,000
   Pennsylvania Withholding Taxes Payable                 1,199
   Langhorne Withholding Taxes Payable                    1,133
   Whitehall Withholding Taxes Payable                    1,003
   Wilmington Withholding Taxes Payable                   4,889
   New York Unemployment/Disability Tax                  16,228
   Union Dues                                             7,540
   Garnishee Payable                                     61,311
   Sales Tax Liability                                  490,472
   Use Tax Liability                                       (267)
   Accrued Expenses - Miscellaneous                      15,450
   Accrued Real Estate Taxes                              1,399
   Accrued Expense - Rent Rolls                       7,472,293
   Customer Deposits - Insurance Adjustments             17,482
   Salvage with Claim                                         -
   Demurrage                                                800
   Purchase Discounts                                      (334)
   Finishing Materials                                    2,679
   Medical                                              835,191
   Disability                                           126,808
   Life Insurance                                        25,524
   Other                                                  9,436
   Union Health and Welfare                             237,854
   Other Union Expenses                                     354
   Rent                                                   3,893
   Real Estate Tax                                       49,258
   Electric                                             219,559
   Heat                                                  11,595
   Water                                                 11,759
   Maintenance & Repair-General                         130,157
   Maintenance & Repair-Air Conditioners                 38,954
   Maintenance & Repair-Computer Equip                   10,437
   Maintenance & Repair-Landscaping                      47,372
   Maintenance & Repair-Office Cleaning                 200,858
   Maintenance & Repair-Sprinklers                        3,996
   Maintenance & Repair-Telephone                         2,223
   Telephone                                            166,673
   Data Lines                                            51,854
   Customer Service-Auto Lines                            8,830
   Customer Service-Email                                   237
   Security-Service Contract                             66,049
   Security-Guards                                       22,935
   Security-Repairs                                       1,404
   HRS Discount                                           5,683
   Household chargebacks                                 11,581
   Office Supplies                                       49,314
   Light Bulbs                                            1,535
   Janitorial                                                69
   Crown Parts Supplies                                  16,384
   Furn Workroom Supplies                                38,764
   Meals                                                 11,730
   Air Travel                                            16,172
   Lodging/hotel                                         20,706
   Auto Allowance                                        29,771
   Car Service/Rental                                     4,033
   Cell Phone Use                                         3,466
   Other Travel Expenses                                 17,116
   Recr/Training - Newspaper                              2,898
   Recr/Training - Training Expense                       1,500
   Recr/Training - Employee Recognition                     361
   Recruiting/Training General Expenses                      60
   Transfers                                            231,899
   Prof Fees - Legal                                     27,234
   Prof Fees - Real Estate                               13,208
   Prof Fees - Environmental                             51,356
   Prof Fees - Other                                     41,714
   Armored Car                                           38,179
   Leased Equipment                                      20,291
   Leased Data Lines                                     25,359
   Signs                                                  1,711
   Temp Help                                             66,138
   Rubbish                                              115,336
   Pre-Opening                                            2,370
   Postage                                                   84
   Other Misc Exp                                        29,296
   Business Taxes                                         8,076
   Dues and Subscriptions                                 5,483
   Sales Promotion                                       11,729
   Donations                                                 40
   Penalties                                             20,303
   Messenger                                             19,445
   ADP                                                   62,937
   Kronos                                                48,053
   Bounces Check Fees                                       159
   Workers Compensation Claims                          204,864
   Delivery Expense                                   1,163,983
   Del Chg - Even Exchange/Red Rose                      16,905
   Del Chg - Refusals                                     7,172
   Del Chg - Specials                                    25,205
   Del Chg - Bunk Beds                                    8,058
   Del Chg - Peddle Runs                                 10,659
   Del Chg - Tolls                                          354
   Del Chg - Fuel                                        18,648
   Del Chg - Shortfall                                    1,623
   Delivery Expense - Flat Rate                          12,375
   Delivery Expense - Misc                               15,644
   Del Chg - Non Eletto Vendors                         208,522
   Customer Service / Repair                            153,916
   Advertising - Television                           1,496,323
   Advertising - Radio                                   75,753
   Advertising - Broadcast (Agency TV and Radio)        125,000
   Advertising - Print                                  633,696
   Misc Advertising                                         454
   Advertising - Outdoors                                 5,712
   Advertising - Point of Purchase                       16,881
   Bankruptcy professional - KCC                         25,000
   Bankruptcy professional - Chrysalis                  150,000
                                                 --------------
   TOTAL PAYMENTS OUT                                56,011,914
                                                 --------------
   NET CASH ACTIVITY                                 (3,216,108)
                                                 --------------
CASH & CASH EQUIVALENTS AT END OF PERIOD             $6,044,697
                                                 ==============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 8; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Furniture Files Schedules of Assets and Liabilities
----------------------------------------------------------------

A.      Real Estate                                          $0

B.      Personal Property
B.1     Cash on Hand                                     39,100
B.2     Bank Accounts
           Bank of America                            2,204,754
           Wells Fargo                                   55,414
B.3     Security Deposits
           41 Grand Avenue LLC                          210,000
           Alan & Shirley Silvers                       100,000
           GHP BUXTON LLC                               100,000
           Southern California Edison                   350,000
           Sears, Roebuck & Company                      76,163
           Klaff Realty, LP                              81,458
           Pacific Gas & Electric Company                84,758
           Jerome & Joan Leflien                         43,023
           Pinnacle Flooring                             50,000
           Others                                       331,461
B.9     Interests in insurance policies                 unknown
B.15    Accounts receivable
           HSBC                                       1,327,045
           Rentway                                      126,676
           Sunrise Credit Corp                           18,659
B.20    Other contingent & unliquidated claims          unknown
B.23    Automobiles
           2000 Ford Taurus                               8,738
           1998 Ford Van                                  3,500
        Accumulated Depreciation - Autos                 (2,894)
B.26    Office equipment, furnishings & supplies     13,736,254
B.28    Inventory
           Levitz Mesa SSC                            1,776,870
           Levitz Mira LOMA SSC                       5,772,465
           Levitz Sacramento SSC                      2,273,382
           Levitz Santa Clara SSC                     1,847,249
           Levitz Tukwila SSC                         1,753,795
           Bellevue Store                               396,332
           Cherry Hill Store                            485,298
           Deptford Store                               346,960
           Downingtown Store                            364,926
           Dublin Store                                 351,467
           East Brunswick Store                         375,265
           Eatontown Store                              424,477
           Fremont Store                                393,465
           Fresno Store                                 403,507
           Turano - West Coast                          580,441
           Langhorne Clearance                          915,096
           Levitz Glendale California SSC             1,783,408
           Levitz Mesa SSC                            1,776,870
           Levitz San Leandro SSC                     3,947,736
           Paramus Store                                464,367
           Robbinsville Warehouse                    13,319,295
           So. San Francisco store                      515,852
           Wilmington Clearance                         850,423
           Others                                    37,752,011
B.33    Other Personal Property
           Capital Leases                            11,532,783
           Construction in Progress                   3,520,239
           Leasehold Improvement                        unknown
           Leasehold Interests                       45,609,562

        TOTAL SCHEDULED ASSETS                     $158,477,651
                                                  =============

D.      Secured Claims
           US Bank Corporate Trust Services         105,694,444
           The Travelers Indemnity Company            5,068,640
           US Bank Corporate Trust Services          32,391,667
           GE Corporate Financial Services           54,808,293
           LaSalle Bank National Association          1,092,206
           Warm Springs Promenade LLC                   433,000
           Others                                     1,592,122

F.      Unsecured Non-Priority Claims
           Acklinis Original Building, L.L.C.           127,958
           Active Media Services, Inc.                  353,403
           Adplex Rhodes                                849,368
           ADT Security Systems Inc                     114,153
           Advo, Inc.                                   191,055
           All Pro-Carpet Co, Inc                       238,841
           Amisco Industries Ltd                        318,557
           Ang Newspapers                                88,773
           Banner Advertising                           366,900
           Bassett Mirror Company                       425,507
           Bay Plaza Community Center, LLC              111,807
           Bel Air Lighting                              98,365
           Benchcraft LLC                               952,936
           Berkline, LLC                              5,741,055
           Berkshire/Dresher/JB Ross                    231,511
           Blank Aschkenasy Properties LLC               87,977
           Brockwood                                  1,180,444
           Bush Ind Inc.                                749,187
           Capitol Signs & Service, Inc.                219,910
           Carat                                      3,625,341
           CBA Industries, Inc.                         109,212
           Cerritos Best Plaza, LLC                     116,493
           Clipper Express                              187,266
           Constantino Noval Nevada LLC                 109,523
           Constellation Newenergy, Inc.                399,778
           Crown Equipment Corporation                   94,972
           Daily News, L.P.                             357,507
           Dale Tiffany                                 102,904
           Decoro USA Ltd. Logistics                    130,977
           Decoro                                     4,137,555
           Digital Generation Systems, Inc.              83,025
           Direct Marketing Worldwide                   501,200
           Douglas Furn. Of Calif.                    1,665,366
           Ernst & Young                                209,731
           Exel Transportation Services Inc.            338,896
           Feinco LLC                                   107,642
           Furniture.com                                273,084
           Glendale Industrial Park, LP                  76,000
           Good Company                                 703,218
           Hallmart Collectibles                        112,534
           Harrigan & Weidenmuller                       92,037
           Highland Design                              286,822
           HK EB Holdings, LLC                           75,464
           HK Livingston Holdings, LLC                  108,451
           Home News Tribune                            144,987
           Household Retail Services                    238,677
           Idea Italia                                  354,097
           Intl. Schnadig-Table Div                      93,472
           JDI Group                                    177,080
           John Turano & Sons Inc.                    1,648,502
           Jonathan Louis International                 368,738
           KDG Construction Inc                         133,388
           Kellermeyer Building Services, LLC           653,371
           Kimco Realty Corp.                           134,861
           Klaff Realty L.P.                          2,002,767
           Klaussner Furn. Ind.                       5,554,473
           Krausz Puente LLC                            116,072
           Labor Ready Inc.                              87,129
           Las Vegas Review-Journal                     211,198
           Leggett And Platt Financial                   88,589
           Life Style Furniture Mfg., Inc.            2,805,020
           Lloyd's of Chatham                           149,810
           Los Angeles Newspaper Group                  179,165
           Los Angeles Times                            320,304
           Louise Partners                              466,750
           Mab Ltd d/b/a Natale Furniture                99,705
           Magnussen Home Furnishings Inc.              162,559
           Matrix/PR I LLC                              151,000
           Media Marketing Solutions                    374,541
           Mike Cims Inc                                188,226
           Nesco                                        104,983
           New Generations                              467,236
           Newsday Inc.                                 374,342
           North Jersey Media Group                     134,625
           Nova Lighting                                 92,051
           Oak Furniture West                           196,458
           Oakleaf Waste Management, LLC                236,040
           Pacific Gas And Electric Company             101,219
           Palliser Furn Corp                         4,529,432
           Palliser Furniture                         1,294,560
           Paramus South 17, LLC                        116,181
           Park Place Shopping Center Partners          101,016
           Philip Reinisch Co.                          171,898
           Pinnacle Flooring                            294,800
           Prime Resources/Harbor Home                  593,395
           Progressive Furn Inc.                        789,227
           PSE&G                                        200,815
           R B & G Construction Co Inc.                 472,957
           Racanelli Construction Co Inc.             1,662,615
           Randomlane Oakdale Decor                     100,922
           Reflex Offset, Inc.                          371,507
           Rimco Air Conditioning Co. Inc.              143,175
           River Oaks Furniture                         118,407
           Riversedge Furniture Co.                     250,570
           Samuel Lawrence Furn Co                      136,363
           San Francisco Chronicle                      246,053
           Schnadig Corp                                346,867
           Sealy Mattress Company                     3,417,630
           Sealy Mattress Company                       910,941
           Serta Mattress                             4,115,849
           Sofa Art By Nicoletti                        478,656
           Sofatrend                                    356,086
           Sofatrend                                    121,300
           Southern California Edison Co.               329,190
           Southland Furniture LLC                      203,760
           Steve Silver                               3,425,384
           Stile Associates Ltd.                        386,347
           The Arizona Republic                         340,713
           The Coco Collection                          244,239
           The Hartford Courant                         132,492
           The Journal News                             187,174
           The News Journal                             132,678
           The Seattle Times                            163,649
           The Star Ledger                              359,560
           The Valspar Corporation                    2,189,489
           The Wackenhut Corp (San Leandro)              80,805
           Tiaa-Cref/Harrell Street                     174,668
           Us Quality Furniture Services                264,224
           Vaughan Furniture Company Inc.               101,760
           Vertical Industrial Park Associates          121,221
           Viewpoint Leather Works                      374,838
           Others                                    11,279,621

        TOTAL SCHEDULED LIABILITIES                $287,977,545
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 7; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Furniture Corp. Files Schedules of Assets and Debts
----------------------------------------------------------------

A.      Real Property                                        $0

B.      Personal Property
B.9     Interests in Insurance Policies                 Unknown
B.12    Stock and Interests                             Unknown
B.20    Other contingent & unliquidated claims
           Potential Litigation Claim against City of
           Florida                                       22,173
B.33    Other Personal Property                               0

        TOTAL SCHEDULED ASSETS                          $22,173
                                                       ========

C.      Property Claimed as Exempt               Not Applicable

D.      Secured Claims
           GE Corporate Financial Services          $54,808,293
           US Bank Corporate Trust Services         105,694,444
           US Bank Corporate Trust Services          32,391,667
           Others                                       Unknown

E.      Unsecured Priority Claims                             0

F.      Unsecured Non-Priority Claims                         0

        TOTAL SCHEDULED LIABILITIES                $192,894,404
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 8; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Furniture Midwest Files Schedules of Assets and Debts
------------------------------------------------------------------

A.      Real Property                                        $0

B.      Personal Property
B.9     Interests in Insurance Policies                 Unknown
B.12    Stock and Interests                             Unknown

        TOTAL SCHEDULED ASSETS                               $0
                                                           ====

C.      Property Claimed as Exempt               Not Applicable

D.      Secured Claims
           GE Corporate Financial Services           54,808,293
           GE Corporate Financial Services              Unknown
           US Bank Corporate Trust Services         105,694,444
           US Bank Corporate Trust Services          32,391,667

E.      Unsecured Priority Claims                             0

F.      Unsecured Non-Priority Claims                         0

        TOTAL SCHEDULED LIABILITIES                $192,894,404
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 8; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Furniture Washington Files Schedules
-------------------------------------------------

A.      Real Property                                        $0

B.      Personal Property
B.9     Interests in Insurance Policies                 Unknown
B.12    Stock and Interests                             Unknown

        TOTAL SCHEDULED ASSETS                               $0
                                                          =====

C.      Property Claimed as Exempt               Not Applicable

D.      Secured Claims
           GE Corporate Financial Services           54,808,293
           GE Corporate Financial Services              Unknown
           US Bank Corporate Trust Services         105,694,444
           US Bank Corporate Trust Services          32,391,667
           Wells Fargo Bank, N.A.                       Unknown

E.      Unsecured Priority Claims                             0

F.      Unsecured Non-Priority Claims                         0

        TOTAL SCHEDULED LIABILITIES                $192,894,404
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 8; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Home Furnishings Files Schedules of Assets and Debts
-----------------------------------------------------------------

A.      Real Estate                                          $0

B.      Personal Property
B.1     Cash on Hand                                      1,200
B.2     Bank Accounts                                         0
B.3     Security Deposits                                     0
B.4     Household goods                                       0
B.5     Book, art work & collectibles                         0
B.6     Wearing apparel                                       0
B.7     Furs and jewelry                                      0
B.8     Firearms and sporting goods                           0
B.9     Interests in Insurance Policies                 Unknown
B.10    Annuities                                             0
B.11    Interests in retirement plans                         0
B.12    Stock and Interests                             Unknown
B.13    Interests in partnerships                             0
B.14    Bonds                                                 0
B.15    Accounts Receivable                                   0
B.16    Alimony                                               0
B.17    Other liquidated debts owed                           0
B.18    Equitable and future interests                        0
B.19    Contingent interests                                  0
B.20    Other contingent & unliquidated claims                0
B.21    Patents, copyrights & trademarks                      0
           Machine Operator Protection Guard Pend       Unknown
B.22    Other intangibles                                     0
B.23    Automobiles                                           0
B.24    Boats                                                 0
B.25    Aircraft                                              0
B.26    Office Equipment                                      0
B.27    Machinery, furniture and fixtures                     0
B.28    Inventory                                             0
B.29    Animals                                               0
B.30    Crops                                                 0
B.31    Farming equipment                                     0
B.32    Farm supplies                                         0
B.33    Other Personal Property                               0

        TOTAL SCHEDULED ASSETS                           $1,200
                                                        =======

C.      Property Claimed as Exempt               Not Applicable

D.      Creditors Holding Secured Claims
           GE Corporate Financial Services          $54,808,293
           US Bank Corporate Trust Services         105,674,444
           US Bank Corporate Trust Services          32,391,667
           Others                                       310,325

E.      Unsecured Priority Claims
           Jay Carothers                                571,154
           Gerald Tacinelli                              36,462
           Gene Rohrer                                   23,077
           Charles Castaneda                             23,077
           Dave Brunson                                  40,385

F.      Unsecured Non-Priority Claims                         0

        TOTAL SCHEDULED LIABILITIES                $193,878,883
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 7; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Seaman Furniture Files Schedules of Assets and Debts
-----------------------------------------------------------------

A.      Real Property                                        $0

B.      Personal Property
B.1     Cash on Hand                                          0
B.2     Bank Accounts
           Bank of America N.A.                         239,442
           Bank of New York                               5,510
B.3     Security Deposits
           8812 Queens Blvd LLC                          54,069
           Bruce N. Brown (E.Brunswick Kids)             24,640
           Con Edison AK/KK                              16,975
           Ken Bar Development (SI Store)                33,000
           Lake Park 300 Crossways Park Drive            56,667
           Liberty Mutual Escrow Acct For Workers        89,354
           Liberty Realty of NY Inc.                     31,867
           Matrix Realty, Inc.                           40,000
           Others                                        77,573
B.9     Interests in Insurance Policies                 Unknown
B.12    Stock and Interests                             Unknown
B.15    Accounts Receivable
           Sunrise Credit Corp.                          54,130
B.23    Automobiles
           Golf Carts                                    53,086
           Accumulated Depreciation                     (51,871)
B.26    Office Equipment                              4,251,645
B.28    Inventory
           Robbinsville Warehouse                       175,446
           Star Warehouse                                36,978
           Turbano Warehouse                             12,911
           Others                                         4,643
B.33    Other Personal Property
           Cap Leases                                 3,265,499
           Construction in Progress                      22,488
           Leasehold Improvements                       Unknown
           Accumulated Depreciation                  (1,665,706)

        TOTAL SCHEDULED ASSETS                       $6,828,346
                                                    ===========

C.      Property Claimed as Exempt               Not Applicable

D.      Secured Claims
           GE Corporate Financial Services          $54,808,293
           Leasehold Agency Associates, LLC           2,050,000
           US Bank Corporate Trust Services         105,694,444
           US Bank Corporate Trust Services          32,391,667
           Others                                       887,500

E.      Unsecured Priority Claims                             0

F.      Unsecured Non-Priority Claims
           8812 Queens Blvd LLC                          54,069
           Dairan Furniture, Inc.                        61,826
           Decoro                                       230,842
           Decor-Rest                                   135,277
           Elran XX                                     104,925
           Furniture Direct, Inc.                        70,872
           HillCraft Furn Co.                           100,627
           Household Retail Services                     56,729
           John Turano & Sons, Inc.                     533,132
           Leatherline Divani                           141,023
           Miresco Investments Services                  71,354
           Newsday Inc.                                 233,189
           Palliser Furniture Corp                      641,415
           Palliser XX                                  112,300
           Racanelli Construction Co. Inc.              353,471
           Seaman Furniture Co Inc                      171,762
           Serta Matt/Natl Bedding Co LLC               424,784
           Sharut Furniture Imports Inc                 197,435
           Sofa Art Ltd.                                220,570
           Sofatrend                                    161,780
           Solo Furn Ind                                 99,940
           Steve Silver                                 203,975
           The Star Ledger                               51,897
           The Valspar Corporation                       62,999
           Waughan Furniture                             78,502
           Others                                     1,675,830

        TOTAL SCHEDULED LIABILITIES                $202,082,429
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 7; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Seaman Pennsylvania Files Schedules of Assets & Debts
------------------------------------------------------------------

A.      Real Property                                        $0

B.      Personal Property
B.1     Cash on Hand                                          0
B.2     Bank Accounts
           Bank of America N.A.                           3,232
B.3     Security Deposits
           Kahn Joint Venture - Oregon                   40,000
           Utility - Suffolk City Water                     400
B.9     Interests in Insurance Policies                 Unknown
           Machine Operator Protection Guard Pend       Unknown
B.28    Inventory
           Whiteshall Store                                  37
B.33    Other Personal Property                         Unknown

        TOTAL SCHEDULED ASSETS                          $43,669
                                                       ========

C.      Property Claimed as Exempt               Not Applicable

D.      Secured Claims
           GE Corporate Financial Services          $54,808,293
           GE Corporate Financial Services          105,694,444
           US Bank Corporate Trust Services          32,391,667

E.      Unsecured Priority Claims                             0

F.      Unsecured Non-Priority Claims                         0

        TOTAL SCHEDULED LIABILITIES                $192,894,404
                                                  =============

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 7; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


LEVITZ HOME: Six Affiliates File Schedules of Assets and Debts
--------------------------------------------------------------
Six Debtors filed their schedules of assets and liabilities and
statements of financial affairs, disclosing $0 assets and
$192,894,404 in liabilities.

The six Debtors are:

   1.  Levitz Shopping Service, Inc.;
   2.  Paralax Development Industries Inc.;
   3.  RHM Inc.;
   4.  Seaman Furniture Company of Union Square, Inc.;
   5.  John M. Smyth Company; and
   6.  Levitz Furniture Company of Delaware, Inc.

Each of the six Debtors scheduled $192,894,404 in Secured Claims
from:

   Creditors Holding Secured Claims                   Amount
   --------------------------------                   ------
   GE Corporate Financial Services               $54,808,293
   US Bank Corporate Trust Services              105,694,444
   US Bank Corporate Trust Services               32,391,667

Levitz Furniture Corporation, Levitz Furniture Company of
Washington, Inc., and Levitz Furniture Company of the Midwest,
Inc., also filed their statements of financial affairs.

Robert N. Webber, Levitz Home Furnishings, Inc.'s senior vice
president, general counsel and secretary, reports that each of
the six Debtors as well as Levitz Furniture Corp., Levitz
Washington and Levitz Midwest did not earn income from operation
of business or other means within the two-year period before the
Petition Date.

In addition, Levitz Furniture, LLC, and Seaman Furniture Company,
Inc., made various to professionals for services related to the
Debtors' potential need to file for bankruptcy.

Headquartered in Woodbury, New York, Levitz Home Furnishings, Inc.
-- http://www.levitz.com/-- is a leading specialty retailer of
furniture in the United States with 121 locations in major
metropolitan areas principally the Northeast and on the West Coast
of the United States.  The Company and its 12 affiliates filed for
chapter 11 protection on Oct. 11, 2005 (Bank. S.D.N.Y. Lead Case
No. 05-45189).  David G. Heiman, Esq., and Richard Engman, Esq.,
at Jones Day, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they reported $245 million in assets and $456 million
in debts. (Levitz Bankruptcy News, Issue No. 8; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


MCLEODUSA INC: Files Monthly Report for Period Ended Nov. 30
------------------------------------------------------------

               MCLEODUSA INCORPORATED AND SUBSIDIARIES
           Summary of Cash Receipts and Cash Disbursements
              For period October 28 - November 30, 2005

Cash, beginning of month                            $27,243,455

Receipts:
Receipts from operations                             61,587,524

Disbursements:
Net payroll                                          (5,114,192)
Payroll taxes                                        (2,199,032)
401K                                                   (280,664)
Commissions                                            (597,925)
Health/Dental/Prescription/vision/other benefits     (1,333,332)
Asset purchases                                      (1,444,000)
Line costs (cost of service)                        (31,606,726)
Maintenance and repairs                              (1,795,254)
Rents                                                (1,862,738)
Federal excise taxes                                 (1,734,825)
Federal Universal Service Fund                         (656,061)
Interest expense                                       (716,944)
State and local taxes (sales, use, excise, etc.)     (3,552,688)
Utilities                                              (690,872)
Deferred Line Installation charges                   (1,775,378)
Charges incurred in connection with reorganization   (5,150,413)
Other                                                (2,545,347)
                                                      ----------
Total Disbursements                                 (63,056,391)

Net Disbursements for the Current Period             (1,468,867)

Ending Balance in U.S. Bank                           9,546,771
Ending Balance in Wells Fargo                           169,504
Ending Balance in JP Morgan                          16,058,313
Ending Balance in All Accounts                      $25,774,588

A full-text copy of McLeodUSA Incorporated and its debtor-
subsidiaries' Monthly Operating Report for the period October 28
to November 30, 2005, is available for free at:

          http://bankrupt.com/misc/mcleodusa_MOR112005.pdf

Headquartered in Cedar Rapids, Iowa, McLeodUSA Incorporated --
http://www.mcleodusa.com/-- provides integrated communications
services, including local services in 25 Midwest, Southwest,
Northwest and Rocky Mountain states.  The Debtor and its
affiliates filed for chapter 11 protection on Oct. 28, 2005
(Bankr. N.D. Ill. Case Nos. 05-53229 through 05-63234).  Peter
Krebs, Esq., and Timothy R. Pohl, Esq., at Skadden, Arps, Slate,
Meagher and Flom, represent the Debtors in their restructuring
efforts.  As of June 30, 2005, McLeodUSA Incorporated reported
$674,000,000 in total assets and $1,011,000,000 in total debts.

McLeodUSA Inc. previously filed for chapter 11 protection on
January 30, 2002 (Bankr. D. Del. Case No. 02-10288).  The Court
confirmed the Debtor's chapter 11 plan on April 5, 2003, and
that Plan took effect on April 16, 2002.  The Court formally
closed the case on May 20, 2005.  (McLeodUSA Bankruptcy News,
Issue No. 7 Bankruptcy Creditors' Service, Inc., 215/945-7000).


MERIDIAN AUTOMOTIVE: Posts $10 Million Net Loss in November 2005
----------------------------------------------------------------

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
               Unaudited Consolidated Balance Sheet
                      As of November 30, 2005
                           (In Thousands)

CURRENT ASSETS:
    Cash                                                       -
    Accounts receivable, net                            $115,007
    Intercompany receivable                               13,327
    Inventories                                           79,000
    Tooling costs in excess of billings and others        22,907
                                                      ----------
       TOTAL CURRENT ASSETS                              230,241
                                                      ----------
    Property, plant and equipment, net                   233,123
    Intangible assets                                     15,363
    Investment in subsidiaries                            23,863
    Other assets                                          17,207
                                                      ----------
       TOTAL ASSETS                                     $519,797
                                                      ==========

CURRENT LIABILITIES NOT SUBJECT TO COMPRISE:
    Current portion of long term debt                   $323,916
    Accounts payable                                      37,305
    Accrued expenses                                      51,271
    Tooling billings in excess of costs                    6,872
                                                      ----------
       TOTAL CURENT LIABILITIES                          419,364
                                                      ----------

    Liabilities subject to comprise                      463,928
    Non-Current Liabilities Not Subject to Compromise:
       Other long-term liabilities                        15,910
       Accumulated post-retirement benefit obligation     16,452
                                                      ----------
       TOTAL LIABILITIES                                 915,654
       STOCKHOLDERS' EQUITY                             (395,857)
                                                      ----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT             $519,797
                                                      ==========

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
                  Unaudited Statement of Operation
                       November 1 to 30, 2005
                           (In Thousands)

Net sales                                                $67,975
Cost of sales                                             64,055
                                                      ----------
Gross profit                                               3,920
Selling, general and administrative expenses               2,920
Restructuring charges                                      1,231
                                                      ----------
Operating income (loss)                                     (231)
Interest expense, net                                      7,996
Other income (expense)                                        (8)
Chapter 11 and related reorganization items                2,224
                                                      ----------
Loss before provision for income taxes                   (10,459)
(Benefit) Provision for income taxes                         (33)
                                                      ----------
NET LOSS                                                ($10,426)
                                                      ==========

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
                 Unaudited Statement of Cash Flows
                       November 1 to 30, 2005
                           (In Thousands)

OPERATING ACTIVITIES:
    Net loss                                            ($10,426)
    Adjustments required to reconcile net loss to net
       cash provided by (used in) operating activities:
       Depreciation, amortization, and impairment          4,824
       Change in working capital and other operating
       items                                              12,925
                                                      ----------
       Net cash provided by (used for) operating
          activities before reorganization items           7,323
                                                      ----------
    Operating cash flows from reorganization items:
       Chapter 11 and related reorganization items         2,224
       Payments on Chapter 11 and related reorg items     (1,720)
                                                      ----------
       Net cash provided by Chapter 11 and related
          reorg items                                        504

       Net cash provided by (used for) operating
          activities                                       7,827

INVESTING ACTIVITIES:
    Additions to property and equipment                   (4,016)
    Proceeds from sale or property and equipment              (7)
                                                      ----------
       Net cash used for investing activities             (4,023)
                                                      ----------

FINANCING ACTIVITIES:
    Proceeds from prepetition borrowings                       -
    Repayments of prepetition borrowings                       -
    Proceeds from DIP credit facility                     44,400
    Repayments of DIP credit facility                    (48,200)
    Repayments on prepetition long-term debt                   -
    Deferred financing costs capitalized                      (4)
                                                      ----------
Net cash (used for) provided by financing activities     (3,804)
                                                      ----------
Net increase (decrease) in cash                                -
                                                      ----------
Cash and Cash Equivalents, beginning of period                 -

Cash and Cash Equivalents, end of period                       -
                                                      ==========

Headquartered in Dearborn, Mich., Meridian Automotive Systems,
Inc. -- http://www.meridianautosystems.com/-- supplies
technologically advanced front and rear end modules, lighting,
exterior composites, console modules, instrument panels and other
interior systems to automobile and truck manufacturers.  Meridian
operates 22 plants in the United States, Canada and Mexico,
supplying Original Equipment Manufacturers and major Tier One
parts suppliers.  The Company and its debtor-affiliates filed for
chapter 11 protection on April 26, 2005 (Bankr. D. Del. Case Nos.
05-11168 through 05-11176).  James F. Conlan, Esq., Larry J.
Nyhan, Esq., Paul S. Caruso, Esq., and Bojan Guzina, Esq., at
Sidley Austin Brown & Wood LLP, and Robert S. Brady, Esq., Edmon
L. Morton, Esq., Edward J. Kosmowski, Esq., and Ian S. Fredericks,
Esq., at Young Conaway Stargatt & Taylor, LLP, represent the
Debtors in their restructuring efforts.  When the Debtors filed
for protection from their creditors, they listed $530 million in
total assets and approximately $815 million in total liabilities.
(Meridian Bankruptcy News, Issue No. 20; Bankruptcy Creditors'
Service, Inc., 215/945-7000).


MIRANT CORP: Earns $74.6 Million for the Month of October 2005
--------------------------------------------------------------

                Mirant Corporation and Subsidiaries
                    Consolidated Balance Sheet
                      As of October 31, 2005

ASSETS

Cash and cash equivalents                         $1,317,121,148
Accounts receivable - net                            783,352,451
Assets from risk management activities             1,056,328,450
Derivative hedging instruments                                 -
Inventories                                          365,087,128
Other                                              1,473,144,069
                                                  --------------
         Total Current Assets                      4,995,033,246

Property, plant and equipment                      5,235,545,878
Less: accumulated depreciation/depletion             940,665,450
Leasehold interests - net                          1,431,690,063
Construction work in progress                        136,645,905
Investment in suspended construction                 174,318,060
                                                  --------------
         Total net property, plant and equipment   6,037,534,456

Investments                                          263,282,353
Long-term accounts receivable - net                   47,568,602
Notes receivable - net                                         -
Assets from risk management activities               151,437,308
Goodwill - net                                        5,767,352
Other intangibles - net                              264,334,783
Derivative hedging instruments                                 -
Restricted cash, non-current                         187,639,516
Other long-term assets                                         -
Miscellaneous deferred charges                       386,643,128
                                                  --------------
         Total Non-current Assets                  1,306,673,042
                                                  --------------
         TOTAL ASSETS                            $12,339,240,744
                                                  ==============

LIABILITIES AND EQUITY

Postpetition Liabilities:
      Debt                                        $1,216,466,067
      Accounts Payable                               689,574,480
      Liabilities from risk management activities  1,606,493,485
      Obligations under energy deliveries              6,056,818
      Derivative hedging instruments                           -
      Other                                          285,489,143
      Miscellaneous deferred credits                 625,373,937
                                                  --------------
         Total postpetition liabilities            4,429,453,930

Prepetition Liabilities                           10,480,094,493
                                                   -------------
         TOTAL LIABILITIES                        14,909,548,423

EQUITY:
Minority interest in subsidiaries                    171,636,738
Mandatory redeemable securities                                -
Common stock                                           4,056,621
Additional paid-in capital                         4,918,013,573
Retained earnings                                 (7,594,415,347)
Treasury stock, at cost                               (2,260,000)
Accumulated other comprehensive income               (67,339,264)
                                                  --------------
         Total Equity                            ($2,570,307,679)
                                                 ---------------
         TOTAL LIABILITIES AND OWNERS' EQUITY    $12,339,240,744
                                                 ===============

                Mirant Corporation and Subsidiaries
                 Consolidated Statements of Income
               For the month ending October 31, 2005

REVENUES:
      Generation                                    $471,698,056
      Net trading revenue                              8,525,791
      Distribution                                    69,363,427
      Other                                              579,184
                                                 ---------------
         Net Revenue                                 550,166,458

OPERATING EXPENSES:
      Energy cost                                    287,263,706
      Operations and maintenance                      79,319,896
      Depreciation and amortization                   25,430,604
      Gain on sale of property and investment                  -
      Impairment loss                                     22,535
      Restructuring costs                                187,326
                                                 ---------------
         Total Operating Expenses                    392,224,067
                                                 ---------------
         Income before non-operating income
         and expense                                 157,942,391

OTHER INCOME AND EXPENSES:
      Interest income                                  3,295,781
      Interest expense                               (62,426,259)
      Equity in income of affiliates                   3,190,318
      Other                                           (1,164,340)
      Reorganization items                           (11,594,731)
      Minority interest                               (1,539,922)
      Net income from discontinued operations           (295,779)
      Gain on sale assets, minority owned                      -
                                                 ---------------
          Total Other Income                         (70,534,932)

Provision for income tax                             (12,805,475)
                                                 ---------------
         NET PROFIT (LOSS)                           $74,601,984
                                                 ===============

                         Mirant Corporation
           Unconsolidated Cash Receipts and Disbursements
               For the month ending October 31, 2005

Cash, beginning of month                            $248,725,339

Non-Operating Receipts:
      Loans & Advances                               $23,899,030
      Sale of Assets                                           -
                                                 ---------------
      Total non-operating receipts                    23,899,030
                                                 ---------------
         Total receipts                               23,899,030
                                                 ---------------
         Total Cash Available                        272,624,369

Operating Disbursements                                        0

Reorganization Expenses
                                                 ---------------
         Total disbursements                                   0
                                                 ---------------
Net Cash Flow                                         23,899,030
                                                 ---------------
Cash, end of month                                  $272,624,369
                                                 ===============

Headquartered in Atlanta, Georgia, Mirant Corporation --
http://www.mirant.com/-- is a competitive energy company that
produces and sells electricity in North America, the Caribbean,
and the Philippines.  Mirant owns or leases more than 18,000
megawatts of electric generating capacity globally.  Mirant
Corporation filed for chapter 11 protection on July 14, 2003
(Bankr. N.D. Tex. 03-46590).  Thomas E. Lauria, Esq., at White &
Case LLP, represents the Debtors in their restructuring efforts.
When the Debtors filed for protection from their creditors, they
listed $20,574,000,000 in assets and $11,401,000,000 in debts.
(Mirant Bankruptcy News, Issue No. 89 Bankruptcy Creditors'
Service, Inc., 215/945-7000)


MIRANT CORP: MAGi Earns $70 Million for the Month of October 2005
-----------------------------------------------------------------

         Mirant Americas Generation, LLC, and Subsidiaries
                    Consolidated Balance Sheet
                     As of October 31, 2005

ASSETS

Cash and cash equivalents                           $228,927,102
Accounts receivable - net                            851,809,978
Assets from risk management activities                (3,398,772)
Derivative hedging instruments                                 -
Inventories                                          170,603,705
Other                                                181,375,193
                                                 ---------------
         Total Current Assets                      1,429,317,206

Property, plant and equipment                      2,237,012,084
Less: accumulated depreciation/depletion             400,709,173
Leasehold interests - net                                      -
Construction work in progress                         89,272,625
Investment in suspended construction                 174,018,060
                                                 ---------------
         Total net property, plant and equipment   2,099,593,596

Investments                                               25,000
Long-term accounts receivable - net                   92,171,429
Notes receivable - net                               223,275,000
Assets from risk management activities                21,837,397
Other intangibles - net                              200,673,707
Derivative hedging instruments                                 -
Restricted cash, non-current                           5,142,763
Other long-term assets                                         -
Miscellaneous deferred charges                       214,960,423
                                                 ---------------
        Total Non-current Assets                     758,085,719
                                                 ---------------
        TOTAL ASSETS                              $4,286,996,521
                                                 ===============

LIABILITIES AND EQUITY

Postpetition Liabilities:
     Debt                                                      -
     Accounts Payable                                288,715,027
     Liabilities from risk management activities     404,710,215
     Obligations under energy deliveries                       -
     Derivative hedging instruments                            -
     Other                                           191,148,350
     Miscellaneous deferred credits                   33,379,671
                                                 ---------------
        Total postpetition liabilities               917,953,263

Prepetition Liabilities                            3,863,685,999
                                                 ---------------
        TOTAL LIABILITIES                          4,781,639,262

EQUITY:
Minority interest in subsidiaries                         35,002
Mandatory redeemable securities                                -
Common stock                                               1,000
Additional paid-in capital                         3,853,859,362
Retained earnings                                 (4,348,538,105)
Treasury stock, at cost                                        -
Accumulated other comprehensive income                         -
                                                 ---------------
        Total Equity                                (494,642,741)
                                                 ---------------
        TOTAL LIABILITIES AND OWNERS' EQUITY      $4,286,996,521
                                                 ===============

         Mirant Americas Generation, LLC, and Subsidiaries
                 Consolidated Statements of Income
               For the month ending October 31, 2005

REVENUES:
     Generation                                     $348,989,395
     Net trading revenue                                       -
     Distribution                                              -
     Other                                                11,201
                                                 ---------------
        Net Revenue                                  349,000,596

OPERATING EXPENSES:
     Energy cost                                     193,065,441
     Operations and maintenance                       50,628,081
     Depreciation and amortization                     7,721,605
     Gain on sale of property and investment                   -
     Impairment loss                                      22,535
     Restructuring costs                                 180,206
                                                 ---------------
        Total Operating Expenses                     251,617,868
                                                 ---------------
        Income before non-operating income
        and expense                                   97,382,728

OTHER INCOME AND EXPENSES:
     Interest income                                         289
     Interest expense                                (25,451,290)
     Equity in income of affiliates                            -
     Other                                                 7,679
     Reorganization items                             (2,155,547)
     Minority interest                                         -
     Net income from discontinued operations                   -
                                                 ---------------
        Total Other Income                           (27,598,869)

Provision for income tax                                 297,098
                                                 ---------------
        NET PROFIT (LOSS)                            $70,080,957
                                                 ===============

         Mirant Americas Generation, LLC, and Subsidiaries
          Unconsolidated Cash Receipts and Disbursements
              For the month ending October 31, 2005

Cash, beginning of month                             $66,737,731

Non-Operating Receipts:
     Loans & Advances                                (28,947,186)
     Sale of Assets                                            -
                                                 ---------------
     Total non-operating receipts                    (28,947,186)
                                                 ---------------
        Total receipts                               (28,947,186)
                                                 ---------------
        Total Cash Available                          37,790,545

Operating Disbursements                                        0

Reorganization Expenses                                        0
                                                 ---------------
        Total disbursements                                    0
                                                 ---------------
Net Cash Flow                                       ($28,947,186)
                                                 ---------------
Cash, end of month                                   $37,790,545
                                                 ===============

Headquartered in Atlanta, Georgia, Mirant Corporation --
http://www.mirant.com/-- is a competitive energy company that
produces and sells electricity in North America, the Caribbean,
and the Philippines.  Mirant owns or leases more than 18,000
megawatts of electric generating capacity globally.  Mirant
Corporation filed for chapter 11 protection on July 14, 2003
(Bankr. N.D. Tex. 03-46590).  Thomas E. Lauria, Esq., at White &
Case LLP, represents the Debtors in their restructuring efforts.
When the Debtors filed for protection from their creditors, they
listed $20,574,000,000 in assets and $11,401,000,000 in debts.
(Mirant Bankruptcy News, Issue No. 89 Bankruptcy Creditors'
Service, Inc., 215/945-7000)


O'SULLIVAN INDUS: Files Monthly Operating Report for November 2005
------------------------------------------------------------------

                    O'Sullivan Industries, Inc.
                  Cash Receipts and Disbursements
                   Month Ended November 30, 2005

Funds at the beginning of period                     $1,178,455

Receipts:
   Cash sales                                                 -
      Less: Refunds                                           -
                                                    -----------
      Net cash sales                                          -

   Collection of postpetition accounts receivable             -
   Collection of prepetition accounts receivable     17,581,562
   Other receipts (transfers)                        24,924,820
                                                    -----------
      Total receipts                                 42,506,382
                                                    -----------
Total Cash Available for Operations                 $43,684,837
                                                    ===========

Disbursements:
   U.S. Trustee quarterly fee                                 -
   Net payroll                                       $2,552,944
   Payroll taxes paid                                   947,654
   Professional fees                                    128,851
   Other taxes                                          393,635
   Rent & equipment rent                                 97,227
   Other leases                                         425,157
   Telephone                                             32,103
   Utilities                                            123,322
   Travel and entertainment                             175,213
   Vehicle expenses                                      23,896
   Office expenses                                       28,970
   Advertising                                           86,634
   Insurance                                            770,064
   Freight                                            1,561,242
   Job-cost raw materials                             8,519,899
   Foreign bank fees                                        234
   Repairs and maintenance                              680,049
   Payments to secured creditors                              -
   Employee benefits                                    985,746
   Other expenses                                       983,282
   Transfers                                         24,854,725
                                                    -----------
      Total Disbursements                            43,370,847
                                                    -----------
Ending Cash Balance                                    $313,990
                                                    ===========

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 8; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


O'SULLIVAN INDUS: Furniture Files Monthly Report for November 2005
------------------------------------------------------------------

             O'Sullivan Furniture Factory Outlet, Inc.
                  Cash Receipts and Disbursements
                    Month Ended November 30, 2005

Funds at the beginning of period                         $6,773

Receipts:
   Cash sales                                            42,965
      Less: Refunds                                           -
                                                    -----------
      Net cash sales                                     42,965

   Collection of postpetition accounts receivable             -
   Collection of prepetition accounts receivable              -
   Other receipts (transfers)                                 7
                                                    -----------
      Total receipts                                     42,972
                                                    -----------
Total Cash Available for Operations                     $49,745
                                                    ===========

Disbursements:
   Other expenses                                           347
   Transfers                                             45,166
                                                    -----------
      Total Disbursements                                45,513
                                                    -----------
Ending Cash Balance                                      $4,232
                                                    ===========

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 8; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


O'SULLIVAN INDUS: Holdings Files Operating Report for Nov. 2005
---------------------------------------------------------------
O'Sullivan Industries Holdings, Inc., reports $0 cash receipts
and disbursements for the period Nov. 1 to 30, 2005.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 8; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


O'SULLIVAN INDUS: Virginia Files Monthly Report for November 2005
-----------------------------------------------------------------
O'Sullivan Industries Virginia, Inc., disbursed $76 for expenses
for the period November 1 to 30, 2005.  O'Sullivan Virginia
reports $15,034 in ending cash balance for the same period.

O'Sullivan Virginia held $15,110 at the beginning of the period.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 8; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


OWENS CORNING: Posts $343 Million Net Loss in September 2005
------------------------------------------------------------

                           Owens Corning
                           Balance Sheet
                       As of September 30, 2005
                          (In Thousands)

Current Assets:
   Cash and cash equivalents                           $827,236
   Receivables                                          414,206
   Receivables-Inter-company                            999,122
   Inventories                                          227,525
   Insurance for Asbestos Litigation Claims                   0
   Deferred Income Taxes                                    484
   Income Tax Receivable                                    926
   Other Current Assets                                  17,343
                                                    -----------
Total Current Assets                                 $2,486,842

Other Assets:
   Insurance for Asbestos Litigation Claims               4,220
   Restricted Cash                                      188,809
   Restricted cash and securities - Fibreboard                0
   Deferred Income Taxes                              1,072,212
   Goodwill                                              48,568
   Investment in Affiliates                              31,271
   Investment in Subsidiaries                         2,022,050
   Notes Receivable - Intercompany                        5,270
   Other Non-current Assets                             542,453
                                                    -----------
Total Other Assets                                    3,914,853

Plant & Equipment:
   Land                                                  34,668
   Buildings & Leasehold Improvements                   549,555
   Machinery & Equipment                              2,214,983
   Construction in Progress                              94,076
   Less: Accumulated Depreciation                     1,621,793
                                                    -----------
Net Plant and Equipment                               1,271,793
                                                    -----------
TOTAL ASSETS                                         $7,673,488
                                                    ===========

Liabilities not Subject to Compromise:
   Accounts Payable & Accrued Liabilities               565,747
   Inter-company Liabilities                          1,047,043
   Short-term debt                                            0
   Long-term debt - current portion                       1,367
                                                    -----------
Total Current Liabilities                             2,152,127

Long-Term Debt                                            9,571

Other:
Other Employee Benefits Liability                       225,933
Pension Plan Liability                                  617,635
Other Liability                                         165,943
                                                    -----------
Total Non-Current Liabilities                         1,011,711
                                                    -----------
Total Postpetition Liabilities                        3,173,409


Prepetition Liabilities:
   Accounts Payable and Accrued Liabilities             259,335
   Other Employee Benefits Liability                    190,806
   Pension Plan Liability                                     0
   Debt-US Bank Credit Facility                       1,450,986
   Debt-Bonds & Other                                 1,501,166
   Asbestos-Related Liability                         6,166,734
   Inter-company                                      2,452,666
   Other                                                      0
                                                    -----------
Total Prepetition Liabilities                        12,021,693

Total Liabilities                                    15,195,102
Minority Interest                                             0

Stockholder's Equity:
   Common Stock                                         697,298
   Retained Earnings (Deficit)                       (7,888,346)
   Accumulated Comprehensive Income (Loss)               (6,347)
   Other                                               (324,219)
                                                    -----------
Net Stockholder's Equity                             (7,521,614)
                                                    -----------
TOTAL LIABILITIES & STOCKHOLDER'S EQUITY             $7,673,488
                                                    ===========

                           Owens Corning
                     Statement of Operations
              For the Month Ended September 30, 2005
                          (In Thousands)

Net sales                                              $382,468
Cost of Sales                                           320,784
                                                    -----------
Gross Margin                                             61,684

Operating Expenses:
   Marketing and Administrative Expenses                 36,088
   Science and Technology Expenses                        2,572
   Provision for Asbestos Litigation Claims                   0
   Insider Compensation                                     810
   Restructure Costs                                          0
   Other Expenses                                         8,961
                                                    -----------
Income (Loss) from Operations                            13,254

Other Expenses:
   Cost of Borrowed Funds                               538,000
   Other                                                      0
                                                    -----------
Income (Loss) Before Reorganization Items              (524,746)
Reorganization Items:
   Professional Fees                                      3,484
U.S. Trustee Quarterly Fees                                   0
   Interest Earned on Accumulated Cash from Chapter 11   (1,641)
   (Gain) Loss from sale of equipment                         0
   (Gain) Loss from Settlement of Liabilities                 0
   Other Reorganization Expenses                          2,543
                                                    -----------
Total Reorganization Expenses                             4,386
                                                    -----------
Income (Loss) Before Income Taxes                      (529,133)
Provision (credit) for Income Tax                      (186,029)
                                                    ------------
Income (Loss) Before Minority Interest and
   Equity in Net Income (Loss) of Affiliates           (343,104)
Minority interest                                             0
Equity in net income (loss) of affiliates                   (84)
                                                    -----------
Net Income (Loss)                                     ($343,188)
                                                    ===========

                           Owens Corning
            Statement of Cash Receipts & Disbursements
              For the Month Ended September 30, 2005
                          (In Thousands)

Cash, Beginning of Month                                 $7,691

Receipts:
   Customer Receipts                                    343,800
   Inter-company Sales                                     (885)
   Loans and Advances                                         0
   Sale of Assets                                             0
   Other Receipts                                        14,510
   Inter-company Transfers                              108,496
   Transfers from DIP                                   131,200
                                                    -----------
Total Receipts                                         $597,120

Disbursements:
   Net Payroll                                               79
   Payroll Taxes                                              0
   Sales Use & Other Taxes                                8,059
Inventory Purchases                                     133,156
   Insurance                                                961
   Administrative & Selling                              54,726
   Other                                                128,488
   Inter-company Transfers                               82,711
   Transfers to DIP                                     179,130
   Professional Fees                                      1,931
   U.S. Trustee Quarterly Fees                                0
   Court costs                                                0
   Adjustment                                                 0
                                                    -----------
Total Disbursements                                    $589,241
Net Cash Flow                                             7,879
                                                    -----------
Cash -- End of Month                                    $15,570
                                                    ===========

Owens Corning -- http://www.owenscorning.com/-- manufactures
fiberglass insulation, roofing materials, vinyl windows and
siding, patio doors, rain gutters and downspouts.  Headquartered
in Toledo, Ohio, the Company filed for chapter 11 protection on
October 5, 2000 (Bankr. Del. Case. No. 00-03837).  Mark S. Chehi,
Esq., at Skadden, Arps, Slate, Meagher & Flom, represents the
Debtors in their restructuring efforts.  (Owens Corning Bankruptcy
News, Issue No. 122; Bankruptcy Creditors' Service, Inc., 215/945-
7000)


PLIANT CORP: Sept. 30 Balance Sheet Upside Down by $599.9 Million
-----------------------------------------------------------------

               Pliant Corporation and Subsidiaries
              Condensed Consolidated Balance Sheet
                    As of September 30, 2005
                           (Unaudited)


ASSETS
CURRENT ASSETS:
Cash and cash equivalents                            $6,949,000
Receivables, net of $6,088,000 allowance            131,320,000
Inventories                                          91,266,000
Prepaid expenses and other                            5,023,000
Income taxes receivable, net                          1,388,000
Deferred income taxes                                 9,490,000
                                                ---------------
Total current assets                               $245,436,000
                                                ---------------

PLANT AND EQUIPMENT, net                           $293,384,000
GOODWILL                                            182,245,000
INTANGIBLE ASSETS, net                               15,384,000
OTHER ASSETS                                         39,855,000
                                                ---------------
TOTAL ASSETS                                       $776,304,000
                                                ===============

LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Trade accounts payable                             $101,278,000
Accrued liabilities:
   Interest payable                                  16,126,000
   Customer rebates                                   7,844,000
   Other                                             40,163,000
   Current portion of long-term debt                  1,355,000
                                                ---------------
Total current liabilities                          $166,766,000
                                                ---------------

LONG-TERM DEBT, net of current portion             $885,630,000
OTHER LIABILITIES                                    28,725,000
DEFERRED INCOME TAXES                                29,438,000
SHARES SUBJECT TO MANDATORY REDEMPTION              258,908,000
                                                ---------------
Total Liabilities                                $1,369,467,000
                                                ---------------

MINORITY INTEREST                                             -
REDEEMABLE PREFERRED STOCK - Series B                  $104,000
REDEEMABLE COMMON STOCK                               6,645,000

STOCKHOLDERS' DEFICIT:
Common stock - no par value                         103,376,000
Warrants to purchase common stock                    39,133,000
Accumulated deficit                                (727,954,000)
Stockholders' notes receivable                         (660,000)
Accumulated other comprehensive loss                (13,807,000)
                                                ---------------
Total stockholders' deficit                       ($599,912,000)
                                                ---------------
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT          $776,304,000
                                                ===============

Headquartered in Schaumburg, Illinois , Pliant Corporation --
http://www.pliantcorp.com/-- produces value-added film and
flexible packaging products for personal care, medical, food,
industrial and agricultural markets.  The Debtor and 10 of its
affiliates filed for chapter 11 protection on Jan. 3, 2006 (Bankr.
D. Del. Lead Case No. 06-10001).  Edmon L. Morton, Esq., and
Robert S. Brady, Esq., at Young, Conaway, Stargatt & Taylor,
represent the Debtors in their restructuring efforts.  As of Sept.
30, 2005, the company had $604,275,000 in total assets and
$1,197,438,000 in total debts.  (Pliant Bankruptcy News, Issue No.
1; Bankruptcy Creditors' Service, Inc., 215/945-7000)


REFCO INC: Files Schedules of Assets and Liabilities
----------------------------------------------------

A.     Real property                                         $0

B.     Personal property
B.1    Cash on hand                                          $0
B.2    Bank accounts
          Harris Trust & Savings Bank                   357,868
B.3    Security deposits                                      0
B.4    Household goods                                        0
B.5    Books, art work & collectibles                         0
B.6    Wearing apparel                                        0
B.7    Furs and jewelry                                       0
B.8    Firearms and sporting goods                            0
B.9    Interests in insurance policies                        0
B.10   Annuities                                              0
B.11   Interests in retirement plans                          0
B.12   Stock interests
          Investment in subsidiary                  241,772,000
B.13   Interests in partnerships                              0
B.14   Bonds                                                  0
B.15   Accounts receivable                                    0
B.16   Alimony                                                0
B.17   Other liquidated debts owed                            0
B.18   Equitable and future interests                         0
B.19   Contingent interests                                   0
B.20   Other contingent & unliquidated claims      undetermined
B.21   Patents, copyrights & trademarks                       0
B.22   Other intangibles                                      0
B.23   Automobiles                                            0
B.24   Boats                                                  0
B.25   Aircraft                                               0
B.26   Office equipment and supplies                          0
B.27   Machinery, furniture and fixtures                      0
B.28   Inventory                                              0
B.29   Animals                                                0
B.30   Crops                                                  0
B.31   Farming equipment                                      0
B.32   Farm supplies                                          0
B.33   Other personal property                                0

       TOTAL SCHEDULED ASSETS                      $242,129,868
                                                  =============

C.     Property claimed as exempt                Not applicable

D.     Secured claims                                        $0

E.     Unsecured Priority Claims                   undetermined

F.     Unsecured non-priority claims
          Intercompany liabilities                  $16,393,000
          Litigation claims                        undetermined
          Potential indemnification obligations    undetermined

       TOTAL SCHEDULED LIABILITIES                  $16,393,000
                                                   ============

Headquartered in New York, New York, Refco Inc. --
http://www.refco.com/-- is a diversified financial services
organization with operations in 14 countries and an extensive
global institutional and retail client base.  Refco's worldwide
subsidiaries are members of principal U.S. and international
exchanges, and are among the most active members of futures
exchanges in Chicago, New York, London and Singapore.  In addition
to its futures brokerage activities, Refco is a major broker of
cash market products, including foreign exchange, foreign exchange
options, government securities, domestic and international
equities, emerging market debt, and OTC financial and commodity
products.  Refco is one of the largest global clearing firms for
derivatives.

The Company and 23 of its affiliates filed for chapter 11
protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006).
J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom
LLP, represent the Debtors in their restructuring efforts.  Refco
reported $16.5 billion in assets and $16.8 billion in debts to the
Bankruptcy Court on the first day of its chapter 11 cases.  (Refco
Bankruptcy News, Issue No. 18; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


SAINT VINCENTS: Posts $4.7 Million Net Loss in November 2005
------------------------------------------------------------

                         SVCMC Debtors
              Unaudited Consolidated Balance Sheet
                     As of November 30, 2005

ASSETS
Cash & Cash Equivalents                             $50,263,437
Investments                                           1,084,605
Patients Accounts Receivable, less allowance for
   doubtful accounts                                166,038,052
Accounts Receivable                                  30,625,218
Other Current Assets                                 38,717,000
                                                 --------------
   Total Current Assets                             286,728,312

Depreciation Reserve Funds & Collaterized Assets     53,493,456
Assets Designated for Self-Insurance
   Investments at Market                             42,146,539
Assets whose use is limited -
   Investments at Market                             55,992,169
Other Non-Current Assets                             12,375,600

Land, Buildings & Equipment, net of
   Accumulated Depreciation                         285,338,418
                                                 --------------
   Total Assets                                    $736,074,494
                                                 ==============

LIABILITIES AND NET ASSETS
Liabilities Subject to Compromise:
   HFG Loan                                         $30,885,000
   Accounts Payable & Accrued Expenses              237,707,598
   Estimated Retroactive Payables to
      Third Parties, net                            105,034,332
   Long-term Debt                                   299,806,278
   Long-term Debt, excluding current installments     7,802,826
   Estimated Liability for Self-Insurance           123,423,348
   Other Liabilities                                 78,388,993
                                                 --------------
   Total Liabilities Subject to Compromise          883,048,375

Liabilities Not Subject to Compromise:
   Accrued Salaries & Payroll Taxes Withheld         59,532,494
   Accounts Payables & Accrued Expenses              85,779,145
                                                 --------------
   Total Liabilities                              1,028,360,014

Net Assets:
   Unrestricted                                    (348,294,324)
   Temporarily Restricted                            31,577,804
   Permanently Restricted                            24,431,000
                                                 --------------
   Total Net Assets                                (292,285,520)
                                                 --------------
   Total Liabilities & Net Assets                  $736,074,494
                                                 ==============

                         SVCMC Debtors
            Unaudited Consolidated Income Statement
             From November 1 to November 30, 2005

Operating Revenue
   Inpatient                                        $62,791,799
   Outpatient                                        31,362,984
      Patient Service Revenue                        94,154,782
      Less Provision for Bad Debt                     8,623,305
      Net Patient Service Revenue                    85,531,478
   Pool Revenue                                       4,298,509
   Capitation                                         6,808,405
   Other                                             11,843,806
                                                 --------------
   Total Operating Revenue                          108,482,197

Operating Expenses:
   Salaries and Wages                                46,664,157
   Fringe Benefits                                   14,379,744
   Supplies and Other                                38,889,592
   Insurance                                          4,092,164
                                                 --------------
   Total Direct Operating Costs                     104,025,657

   Salaries and Wages                                 2,689,824
   Fringe Benefits                                      722,400
   Supplies and Other                                 5,756,597
                                                 --------------
   Total Corporate Allocated                          9,168,821
                                                 --------------
   Total Operating Expense                          113,194,478
                                                 --------------
Interest                                              3,920,898
Depreciation                                          3,807,357
                                                 --------------
   Operating Gain (Loss) Before
      Non-Recurring and/or Unusual Items            (12,440,537)

Non-Recurring and/or Unusual Items:
   Discontinued Operations (St. Mary's)                      (0)
   St. Mary's Op Pac Rate Adjustment                          -
   ZBEC/HFE Recoveries                                 (114,565)
   Restructuring & Bankruptcy Related Costs          (6,222,898)
   Estimated Close-out of St. Mary's                  4,906,317
   Hanys Investment Income (SFS INS)                  1,330,091
   Prior Period Ambulance Revenue                     2,261,818
   Transfer of Equity Foundation                       (153,743)
                                                 --------------
   Total Non-Recurring and/or Unusual Items           2,007,020
                                                 --------------
   Operating Gain (Loss) After
      Non-Recurring and/or Unusual Items            (10,433,517)
                                                 --------------
Non-Operating Revenue                                 2,236,599
Change in Temporary Restricted Net Assets               206,000
                                                 --------------
   Change in Net Assets                             ($7,990,918)
                                                 --------------
   EBITDA                                           ($4,712,281)
                                                 ==============

                         SVCMC Debtors
               Unaudited Statement of Cash Flows
             From November 1 to November 30, 2005

Cash Flows from Operation Activities:
   Changes in Net Assets                            ($7,990,918)

Adjustments to Reconcile Changes in Net Assets
   to Net Cash Provided by Operating Activities:
   Change in Net Assets from July 1 to July 4, 2005           -
   Depreciation & Amortization                        3,823,514
   Change in Unrealized Gains & Losses                1,967,751
   Change in Patient's Accounts Receivable           14,823,294
   Change in Accounts Receivables, Other             (2,071,599)
   Change in Prepaid Expenses & Other                   611,000
   Change in Other Non-Current Assets                  (589,604)
   Change in Accounts Payable &
      Accrued Exp-Prepetition                        18,938,261
   Change in Accounts Payable &
      Accrued Exp-Postpetition                       12,132,645
   Change in Accrued Salaries & P/R Taxes               822,625
   Change in Est. Retro rec/pay
      from/to third parties                          11,217,473
   Change in Est. Liability for self-insurance      (21,623,774)
   Change in Other Non-Current Liabilities           (4,357,272)
                                                 --------------
   Net Cash Provided by Operating Activities         27,703,396

Cash flows From Investment Activities:
   Sale of Investments, Net                               9,379
   (Purchase) of Assets Whose Use is Limited         (4,559,506)
   Acquisition/Sale of Land, Building,
      & Equipment                                    (2,610,117)
                                                 --------------
   Net Cash Provided by Investing Activities         (7,160,244)

Cash flows From Financing Activities:
   Proceeds/Repayment From/of Working Capital Loan   26,296,000
   Proceed from issuance of Long-term debt                    -
   Repayment of Long-term debt                        2,941,950
                                                 --------------
   Net Cash (Used) in Financing Activities           29,237,950

   Net Increase (Decrease)
      in Cash & Cash Equivalents                     49,781,102

   Cash & Cash Equivalents at Beginning of Month        482,335
                                                 --------------
   Cash & Cash Equivalents at End of the Month      $50,263,436
                                                 ==============

Headquartered in New York, New York, Saint Vincents Catholic
Medical Centers of New York -- http://www.svcmc.org/-- the
largest Catholic healthcare providers in New York State, operate
hospitals, health centers, nursing homes and a home health agency.
The hospital group consists of seven hospitals located throughout
Brooklyn, Queens, Manhattan, and Staten Island, along with four
nursing homes and a home health care agency.  The Company and six
of its affiliates filed for chapter 11 protection on July 5, 2005
(Bankr. S.D.N.Y. Case No. 05-14945 through 05-14951).  Gary
Ravert, Esq., and Stephen B. Selbst, Esq., at McDermott Will &
Emery, LLP, represent the Debtors in their restructuring efforts.
As of Apr. 30, 2005, the Debtors listed $972 million in total
assets and $1 billion in total debts.  (Saint Vincent Bankruptcy
News, Issue No. 18; Bankruptcy Creditors' Service, Inc.,
215/945-7000)


SOLUTIA INC: Posts $25 Million Net Loss in October 2005
-------------------------------------------------------

                     Solutia Chapter 11 Debtors
       Unaudited Statement of Consolidated Financial Position
                        As of October 31, 2005

                                Assets

Current assets:
    Cash                                             $13,000,000
    Trade Receivables, net                           154,000,000
    Account Receivables-Unconsolidated Subsidiaries   42,000,000
    Inventories                                      154,000,000
    Other Current Assets                              78,000,000
                                                  --------------
    Total Current Assets                             441,000,000

Property, Plant and Equipment, net                   673,000,000
Investments in Subsidiaries and Affiliates           545,000,000
Intangible Assets, net                               100,000,000
Other Assets                                          85,000,000
                                                  --------------
TOTAL ASSETS                                      $1,844,000,000
                                                  ==============

                Liabilities and Shareholders' Deficit

Current liabilities:
    Accounts Payable                                $171,000,000
    Short Term Debt                                  340,000,000
    Other Current Liabilities                        169,000,000
                                                  --------------
Total Current Liabilities                            680,000,000

Other Long-Term Liabilities                          197,000,000
                                                  --------------
Total Liabilities not Subject to Compromise          877,000,000

Liabilities Subject to Compromise                  2,260,000,000
Shareholders' Deficit                             (1,293,000,000)
                                                  --------------
TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT         $1,844,000,000
                                                  ==============

                     Solutia Chapter 11 Debtors
           Unaudited Consolidated Statement of Operations
                For the Month Ended October 31, 2005

Total Net Sales                                     $167,000,000
Total Cost Of Goods Sold                             169,000,000
                                                  --------------
Gross Profit                                          (2,000,000)

Total MAT Expense                                     17,000,000
                                                  --------------
Operating Loss                                       (19,000,000)

Equity Earnings from Affiliates                        1,000,000
Interest Expense, net                                 (5,000,000)
Other Income, net                                      3,000,000
Reorganization Items:
    Professional fees                                 (4,000,000)
    Employee severance and retention costs            (1,000,000)
                                                  --------------
    Total reorganization items                        (5,000,000)
                                                  --------------
Loss Before Taxes                                    (25,000,000)
Income Taxes                                                   -
                                                  --------------
Net Loss                                            ($25,000,000)
                                                  ==============

Headquartered in St. Louis, Missouri, Solutia, Inc. --
http://www.solutia.com/-- with its subsidiaries, make and sell a
variety of high-performance chemical-based materials used in a
broad range of consumer and industrial applications.  The Company
filed for chapter 11 protection on December 17, 2003 (Bankr.
S.D.N.Y. Case No. 03-17949).  When the Debtors filed for
protection from their creditors, they listed $2,854,000,000 in
assets and $3,223,000,000 in debts.  Solutia is represented by
Richard M. Cieri, Esq., at Kirkland & Ellis.   (Solutia Bankruptcy
News, Issue No. 52; Bankruptcy Creditors' Service, Inc.,
215/945-7000)


SONICBLUE INC: Files November 2005 Monthly Operating Report
-----------------------------------------------------------
At Nov. 30, 2005, SONICblue Incorporated reports that it is
sitting on $77,696,215 of cash, has accrued $525,459 in
postpetition liabilities and faces a $237,129,625 mountain of
prepetition debts.

A full-text copy of SONICblue Inc.'s November 2005 Operating
Report is available at no charge at
http://ResearchArchives.com/t/s?429

Headquartered in Santa Clara, California, SONICblue Incorporated
is involved in the converging Internet, digital media,
entertainment and consumer electronics markets.  The Company,
together with three of its wholly owned subsidiaries, Diamond
Multimedia Systems, Inc., ReplayTV, Inc., and Sensory Science
Corporation, filed for chapter 11 protection on Mar. 21, 2003
(Bankr. N.D. Calif. Case Nos. 03-51775 to 03-51778).  Craig A.
Barbarosh, Esq., at the LAw Offices of Pillsbury Winthrop,
represents the Debtors in their restructuring efforts.  When the
Debtors filed for protection from their creditors, they listed
assets totaling $342,871,000 and debts totaling $335,473,000.


TRIGEM COMPUTER: Posts KRW216B Net Loss for Period Ended Sept. 30
-----------------------------------------------------------------
TriGem Computer, Inc., posted KRW216,162,480,000 net loss for
the nine-month period ended Sept. 30, 2005, Esther Jang at
Bloomberg News in Seoul, South Korea, reports.

The company earned KRW35,303,140,000 in net income for the same
period in 2004.

TriGem also reported KRW626,987,180,000 in net sales for the
nine-month period ended Sept. 30, 2005, lower compared to
KRW1,589,681,000,000 for the same period in 2004.

Headquartered in Ansan City, Kyunggi-Do, Korea, TriGem Computer
Inc. -- http://www.trigem.com/--  manufactures desktop PCs,
notebook PCs, LCD monitors, printers, scanners, other computer
peripherals, and PIDs and supplies over four million PCs a year to
clients all over the world.  Il-Hwan Park, the Foreign
Representative, filed a chapter 15 petition on Nov. 3, 2005
(Bankr. C.D. Calif. Case No. 05-50052).  Charles D. Axelrod, Esq.,
at Stutman Treister & Glatt, P.C., represents the Foreign
Representative in the United States.

TriGem America Corporation, an affiliate of the Debtor, filed for
chapter 11 protection on June 3, 2005 (Bankr. C.D. Calif. Case No.
05-13972).  TriGem Texas, Inc., another affiliate of the Debtor,
also filed for  chapter 11 protection on June 8, 2005 (Bankr. C.D.
Calif. Case No. 05-14047). (TriGem Bankruptcy News, Issue No. 2
Bankruptcy Creditors' Service, Inc., 215/945-7000)


UAL CORP: Posts $186 Million Net Loss in November 2005
------------------------------------------------------
UAL Corporation (OTC Bulletin Board: UALAQ), the holding company
whose primary subsidiary is United Airlines, filed on Dec. 21,
2005, its November Monthly Operating Report with the U.S.
Bankruptcy Court for the Northern District of Illinois.  The
company reported operating earnings of $9 million for November
2005 (filing entities only), an improvement of $197 million over
the same period last year, despite higher fuel prices resulting
in $124 million increase in fuel costs year over year for
mainline and United Express operations.  In November 2004, the
company reported an operating loss of $188 million.  For November
2005, the company reported a net loss of $187 million, including
$159 million of largely non-cash reorganization expenses driven
by aircraft-related transactions.  Excluding reorganization
expenses, the company reported a net loss of $28 million.

As previously disclosed, the company will continue to record large
non-cash reorganization items as it moves towards exit.  It is
common for the results of operations of companies progressing
through Chapter 11 to be impacted by non-cash charges related to
their reorganization, especially as restructuring work nears
completion.  Charges based on the claims of our creditors are
recorded at the amount expected to be allowed by the court.
However, as shown in our Plan of Reorganization, these claims are
expected to be settled at exit for a minor fraction of the amount
of the charges recorded.

UAL consolidated mainline unit costs (CASM) in November decreased
1% over the same month last year despite 3% lower capacity and 39
percent higher fuel prices.  Excluding fuel, mainline CASM in
November decreased 15% year-over-year.  Mainline passenger unit
revenue (PRASM) in November increased 15% over the same period a
year ago.

UAL ended November with a cash balance of $3 billion, which
included $959 million in restricted cash (filing entities only).
The cash balance increased by $310 million in November.  UAL met
the requirements of its DIP financing for the month of November.

In the most recent data available from the U.S. Department of
Transportation (for October 2005), United was ranked first in
on-time arrivals, and had the fewest cancellations and mishandled
bags among the seven major carriers.

"Building upon the foundation of our successful restructuring, the
United team is delivering new, innovative travel products, while
providing consistently improved operational performance.  These
solid results are evidence of real progress in our work to make
United competitive and resilient," said Glenn Tilton, United's
Chairman, CEO and President.

"The numbers tell the story.  Year to date in 2005, the company's
operating earnings improved by over $450 million, despite fuel
costs that are $1.3 billion higher than last year.  When United
exits bankruptcy in February 2006, we will be ready to compete
aggressively with the best carriers in a way that is distinctly
United," said Jake Brace, United's Chief Financial Officer.

             UAL Corporation and Subsidiary Companies
         Condensed Consolidating Statement of Operations
              For The Month Ended November 30, 2005
                         (In Thousands)

Total operating revenues                             $1,636,070

Total operating expenses                              1,627,190
                                                     ----------
Earnings (loss) from operations                           8,880

Non-operating income (expenses):
   Net interest expense                                 (47,345)
   Other income (expenses), net:                         10,815
                                                     ----------
Total non-operating income (expenses):                  (36,530)
                                                     ----------
Net Earnings (loss) before Reorganization items         (27,650)

Reorganization Expenses                                (158,819)
                                                     ----------
Net earnings (loss)                                   ($186,469)
                                                     ==========

A full-text copy of UAL Corporation's November 2005 Operating
Report is available for free at the Securities and Exchange
Commission at http://ResearchArchives.com/t/s?428

Headquartered in Chicago, Illinois, UAL Corporation --
http://www.united.com/-- through United Air Lines, Inc., is the
holding company for United Airlines -- the world's second largest
air carrier.  The Company filed for chapter 11 protection on
December 9, 2002 (Bankr. N.D. Ill. Case No. 02-48191).  James H.M.
Sprayregen, Esq., Marc Kieselstein, Esq., David R. Seligman, Esq.,
and Steven R. Kotarba, Esq., at Kirkland & Ellis, represent the
Debtors in their restructuring efforts.  When the Debtors filed
for protection from their creditors, they listed $24,190,000,000
in assets and $22,787,000,000 in debts.  (United Airlines
Bankruptcy News, Issue No. 110; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


XYBERNAUT CORP: Posts $886,391 Net Loss in November 2005
--------------------------------------------------------
On Dec. 16, 2005, Xybernaut Corporation filed its monthly
operating report for the month of November 2005 with the U.S.
Bankruptcy Court for the Eastern District of Virginia, Alexandria
Division.

The company reported a $886,391 net loss on $64,225 of revenue
for the month of November 2005.

At Nov. 30, 2005, the Company's balance sheet reflects:

      Total Assets                        $4,642,372
      Total Liabilities                    3,775,670
      Stockholders' Equity                  $866,702

A full-text copy of Xybernaut Corporation's November 2005 Monthly
Operating Report is available at no charge at
http://ResearchArchives.com/t/s?42c

The Company's affiliate, Xybernaut Solutions, Inc., also filed its
monthly operating report for the month of November 2005 with the
U.S. Bankruptcy Court for the Eastern District of Virginia.

A full-text copy of Xybernaut Solution Inc.'s November 2005
Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?42e

Headquartered in Fairfax, Virginia, Xybernaut Corporation,
develops and markets small, wearable, mobile computing and
communications devices and a variety of other innovative products
and services all over the world.  The corporation never turned a
profit in its 15-year history.  The Company and its affiliate,
Xybernaut Solutions, Inc., filed for chapter 11 protection on
July 25, 2005 (Bankr. E.D. Va. Case Nos. 05-12801 and 05-12802).
John H. Maddock III, Esq., at McGuireWoods LLP, represents the
Debtors in their chapter 11 proceedings.  When the Debtors filed
for protection from their creditors, they listed $40 million in
total assets and $3.2 million in total debts.

                             *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published by
Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania,
USA, and Beard Group, Inc., Frederick, Maryland, USA.  Yvonne L.
Metzler, Emi Rose S.R. Parcon, Rizande B. Delos Santos, Jazel P.
Laureno, Cherry A. Soriano-Baaclo, Marjorie C. Sabijon, Terence
Patrick F. Casquejo, Christian Q. Salta, Jason A. Nieva, Lucilo
Junior M. Pinili, Tara Marie A. Martin and Peter A. Chapman,
Editors.

Copyright 2006.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $725 for 6 months delivered via e-
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for the term of the initial subscription or balance thereof are
$25 each.  For subscription information, contact Christopher Beard
at 240/629-3300.


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