/raid1/www/Hosts/bankrupt/TCR_Public/060805.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, August 5, 2006, Vol. 10, No. 185

                             Headlines

CATHOLIC CHURCH: Portland Files June 2006 Monthly Operating Report
CATHOLIC CHURCH: Spokane Files June 2006 Monthly Operating Report
DANA CORPORATION: Posts $3 Million Net Loss in June 2006
DELPHI CORPORATION: Posts $1.85 Billion Net Loss in June 2006
FLYI INC: Posts $4.45 Million Net Loss in June 2006

FLYI INC: Independence Air Earns $104 Million in June 2006
FOAMEX INTERNATIONAL: Earns $2.6 Million in Period Ended July 2
INTERSTATE BAKERIES: Earns $5.8 Million in Period Ended June 3
KUSHNER-LOCKE: Files April 2006 Monthly Operating Reports
KUSHNER-LOCKE: Files May 2006 Monthly Operating Reports

THAXTON GROUP: Posts $76 Mil. Cumulative Net Loss in June 2006
TOWER AUTOMOTIVE: Posts $37.1 Million Net Loss in June 2006
USG CORPORATION: Earns $63.8 Million in June 2006

                             *********

CATHOLIC CHURCH: Portland Files June 2006 Monthly Operating Report
------------------------------------------------------------------

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                      As of June 30, 2006

ASSETS

Cash and cash equivalents                           $24,328,146
Accounts receivable, net                                466,126
Notes, estates and other receivables                 11,583,115
Loans receivable from Archdiocesan entities, net      7,070,370
Loans receivable from Archdiocesan housing entities     538,928
Interest receivable and other assets                    260,780
Inventories                                           1,662,782
Real Property                                           226,688
Deposits and prepaid expenses                           179,822
Investments                                          89,847,689
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,779,856
                                                 --------------
Total Assets                                       $145,584,302
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                  822,302
      Accrued liabilities                             2,172,196
      Funds held for others
         Second Collections                                 (12)
         Short-term investments payable              14,166,253
         Long-term pool investments payable          18,624,468
      Reserve for insurance claims                    2,343,946
      Notes payable                                  10,790,546
      Pre-need liability and reserve                    456,268
      Accrued post-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     56,983,231
                                                 --------------
   Postpetition
      Accounts payable                                  748,283
      Accrued liabilities                             3,490,666
      Funds held for others
         Second Collections                             191,312
         Short-term investments payable               3,255,463
         Long-term pool investments                   4,786,409
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     32,554
      Accrued post-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                    12,893,286
                                                 --------------
     Total Liabilities                               69,876,517
                                                 --------------
Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,963,028
      Other Assets                                   (3,573,267)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------
   Postpetition Net Assets:
      Charitable Trust Assets                         8,290,551
      Other Assets                                    1,027,473
                                                 --------------
   Total Postpetition Net Assets                      9,318,024
                                                 --------------
      Total Net Assets                               75,707,785
                                                 --------------
Total liabilities & net assets                     $145,584,302
                                                 ==============


                         Pastoral Center
                Archdiocese of Portland in Oregon
                     Statement of Activities
                For the month ending June 30, 2006

Revenues, gains and other support
   Annual Catholic Appeal income                     $3,397,783
   Gross profit on cemetery sales                        70,344
   Contributions, gifts, annuities and bequests          31,960
   Operating support - Oregon Catholic Press                  -
   Investment income and realized gains (losses),
      net of expenses                                   168,004
   Change in unrealized gains (losses)                  120,864
   Insurance premiums, net                               (2,812)
   Interest income from loans                            34,225
   Parish assessments                                   251,797
   Other income                                         363,504
   Departmental revenues                                 58,494
   Net assets released from restrictions                      -
                                                 --------------
   Total revenues, gains, and other support           4,494,163
                                                 --------------
Expenses and program support:
   Program Services:
      Annual Catholic Appeal program support,
         grants and parish subsidies                    174,797
      Clergy Services                                    40,719
      Catholic Schools                                   40,040
      Pastoral Services                                  46,652
      Evangelization Services                            41,267
      Public Services                                     9,679
      Tribunal Services                                  21,432
      Deposit and loan interest                         186,011
      Insurance program                                 568,745
      Cemetery operating expenses                        95,291
      High School grants/charitable annuities            (4,036)
      Other program expenses                            101,124
                                                 --------------
         Total program services                       1,321,721
                                                 --------------
   Supporting Services:
      Archbishop, Vicar General
         and Chancellor Services                         46,205
      Finance & Administration:
         Resource Development                            38,679
         Business Affairs                                10,741
         Financial Services                              80,149
      Human Resources                                    27,318
      Shared Services                                    25,097
      Occupancy and physical plant expenses              10,893
      Designated funds expense                           28,944
      Bankruptcy expense                                233,097
      Depreciation expense                                    -
                                                 --------------
         Total supporting services                      501,123
                                                 --------------
         Total expenses and program support           1,822,844
                                                 --------------
Increase (decrease) in net assets before
   transfers and designations of net assets           2,671,319

Fund transfers - in (out)                                     -
Designation of net assets                                     -
                                                 --------------
Increase (decrease) in net assets                     2,671,319


Net assets at beginning of year                      73,036,466
                                                 --------------
Net assets at end of year                           $75,707,785
                                                 ==============


                Archdiocese of Portland in Oregon
           Statement of Cash Receipts and Disbursements
                For the month ending June 30, 2006

Beginning Cash Balance:                             $17,598,138
Add:
   Transfers in                                         565,810
   Receipts Deposited                                 2,181,143
   Other (Return of Direct Deposits)                          -
   Other                                              6,813,279
   Other (Interest Income)                               93,754
                                                 --------------
   Total Cash Receipts                                9,653,987

Subtract:
   Transfers out                                       (565,810)
   Disbursements by check or debit                   (2,354,623)
   Cash withdrawn                                             -
   Other (Service Charges)                               (1,469)
   Other (Misc Check Correction)                         (1,115)
   Other (NSF Checks)                                      (962)
   Other (Clear Interfund Rec/Pay)                            -
                                                 --------------
   Total Cash Disbursements                          (2,923,979)
                                                 --------------
Ending Cash Balance                                 $24,328,146
                                                 ==============

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. 66; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Spokane Files June 2006 Monthly Operating Report
-----------------------------------------------------------------

                   Catholic Diocese of Spokane
                           Balance Sheet
                         As of June 30, 2006

ASSETS
  Total Cash Accounts                                $2,838,853
  Total Investments                                   3,879,128
  Total Property                                        495,004
  Total Loans Receivable                              2,748,542
  Total Interfund Loan Receivable                       396,887
  Total Accounts Receivable                              80,882
  Total Land and Buildings & Equip                    2,474,977
  Total Prepaid Expenses                                 62,362
                                                 --------------
Total Assets                                        $12,976,635
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities
  Total Deposits Payable                              8,738,465
  Total Interest Payable                                      0
  Total Accounts Payable                                  6,684

Total Long-term Liabilities                           9,335,400

Net Assets
  Total Unrestricted - Fund Balance                 (18,271,016)
  Total Unrestricted Net Assets                     (18,271,016)
  T.R. - Guse Grant Funds                               321,873
  T.R. - Bishop's School Grants Funds                    72,354
  Total Replacement Fund                             10,510,331
  Total Diocesan D&L Funding                          2,176,115
  Total Guatemala Funds                                 610,656
  Temporarily Restricted                                      -
                                                 --------------
Total liabilities & net assets                      $13,106,635
                                                 ==============


                   Catholic Diocese of Spokane
                  Income and Expense Statement
              For the month ending June 30, 2006


Total Income                                           $474,265
Total Expenses                                          578,713
                                                 --------------
Net Excess or Deficit                                  $104,447
                                                 ==============

The Diocese of Spokane's Statement of Cash Receipts and
Disbursements for June 2006 shows ending balance of $2,801,537.  
Cash receipts for the period total $537,306, while disbursements
total $217,335.

A full-text copy of the Diocese's June 2006 operating report is
available for free at http://ResearchArchives.com/t/s?ef5

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. 66; Bankruptcy Creditors' Service, Inc., 215/945-7000)


DANA CORPORATION: Posts $3 Million Net Loss in June 2006
--------------------------------------------------------

                          Dana Corporation
                 Unaudited Condensed Balance Sheet
                          At June 30, 2006

ASSETS

CURRENT ASSETS
   Cash and cash equivalent assets                 $810,000,000
   Accounts receivable
      Trade                                       1,352,000,000
      Other                                         289,000,000
   Inventories                                      681,000,000
   Assets of discontinued operations                516,000,000
   Other current assets                             149,000,000
                                               ----------------
      Total current assets                       $3,797,000,000
                                               ----------------
Investments and other assets                      1,385,000,000
Investments in equity affiliates                    944,000,000
Net property, plant and equipment                 1,686,000,000
                                               ----------------
TOTAL ASSETS                                     $7,812,000,000
                                               ================

LIABILITY AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES
   Notes payable, including current portion
      of long-term debt                             $48,000,000
   Accounts payable                               1,039,000,000
   Liabilities of discontinued operations           234,000,000
   Other accrued liabilities                        728,000,000
                                               ----------------
Total current liabilities                        $2,049,000,000
                                               ----------------
Liabilities subject to compromise                $4,257,000,000
Deferred employee benefits and other
   non-current liabilities                          226,000,000
Long-term debt                                       16,000,000
DIP financing                                       700,000,000
Minority interest in consolidates subsidiaries       80,000,000
Shareholder' equity                                 484,000,000
                                               ----------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY       $7,812,000,000
                                               ================


                          Dana Corporation
             Unaudited Condensed Statement of Operations
                 For the Month Ended June 30, 2006

Net Sales                                          $794,000,000
Costs and expenses
   Costs of sales                                   743,000,000
   Selling, general and administrative expenses      42,000,000
   Other income, net                                  7,000,000
                                               ----------------
Income (loss) from operations                       $16,000,000
Interest expense                                      5,000,000
Reorganization charges                                8,000,000
                                               ----------------
Income (loss) before income taxes                     3,000,000
Income tax (expense) benefit                        (14,000,000)
Minority interest                                    (1,000,000)
Equity in earnings of affiliates                      2,000,000
                                               ----------------
Income (loss) before continuing operations          (10,000,000)
Income (loss) from discontinued operations            7,000,000
                                               ----------------
Net income (loss)                                   ($3,000,000)
                                               ================


                          Dana Corporation
             Unaudited Condensed Statement of Cash Flow
                 For the Month Ended June 30, 2006

OPERATING ACTIVITIES
Net income (loss)                                   ($3,000,000)
Depreciation and amortization                        23,000,000
Charges related to divestitures and asset sales      (2,000,000)
Reorganization charges                                8,000,000
Payment of reorganization charges                    (9,000,000)
Working capital                                      80,000,000
Other                                               (36,000,000)
                                               ----------------
Net cash flow provided by
(used for) operating activities                     $61,000,000

INVESTING ACTIVITIES
Purchases of property, plant and equipment          (29,000,000)
Proceeds from sale of assets                          1,000,000
Other                                                 9,000,000
                                               ----------------
Net cash flow provided by
(used for) operating activities                    ($19,000,000)

FINANCING ACTIVITIES
Net change in short-term debt                         7,000,000
Payments of long-term debt                                    -
Proceeds from DIP facility                                    -
Increase (decrease) in long-term                              -
                                               ----------------
Net cash flow provided by
(used for) financing activities                      $7,000,000

Net increase in cash equivalents                     49,000,000
                                               ----------------
Cash and cash equivalents, beginning of period      761,000,000
                                               ----------------
Cash and cash equivalents, end of period           $810,000,000
                                               ================

                      About Dana Corporation

Toledo, OH-based Dana Corp. -- http://www.dana.com/-- designs and   
manufactures products for every major vehicle producer in the
world, and supplies drivetrain, chassis, structural, and engine
technologies to those companies.  Dana employs 46,000 people in 28
countries.  Dana is focused on being an essential partner to
automotive, commercial, and off-highway vehicle customers, which
collectively produce more than 60 million vehicles annually.  The
company and its affiliates filed for chapter 11 protection on Mar.
3, 2006 (Bankr. S.D.N.Y. Case No. 06-10354).  Corinne Ball, Esq.,
and Richard H. Engman, Esq., at Jones Day, in Manhattan and
Heather Lennox, Esq., Jeffrey B. Ellman, Esq., Carl E. Black,
Esq., and Ryan T. Routh, Esq., at Jones Day in Cleveland, Ohio,
represent the Debtors.  Henry S. Miller at Miller Buckfire & Co.,
LLC, serves as the Debtors' financial advisor and investment
banker.  Ted Stenger from AlixPartners serves as Dana's Chief
Restructuring Officer.  Thomas Moers Mayer, Esq., at Kramer Levin
Naftalis & Frankel LLP, represents the Official Committee of
Unsecured Creditors.  When the Debtors filed for protection from
their creditors, they listed $7.9 billion in assets and $6.8
billion in liabilities as of Sept. 30, 2005.  (Dana Corporation
Bankruptcy News, Issue No. 17; Bankruptcy Creditors' Service,
Inc., 215/945-7000).

The Debtors' consolidated balance sheet at March 31, 2006, showed
a $456,000,000 total shareholder' equity resulting from total
assets of $7,788,000,000 and total liabilities of $7,332,000,000.


DELPHI CORPORATION: Posts $1.85 Billion Net Loss in June 2006
-------------------------------------------------------------

                    Delphi Corporation, et al.
               Unaudited Consolidated Balance Sheet
                       As of June 30, 2006
                          (In Millions)

                              ASSETS

Current assets:         
   Cash and cash equivalents                               $850
   Restricted cash                                           75
   Accounts receivable, net
      General Motors and affiliates                       1,896
      Other third parties                                 1,503
      Non-Debtor subsidiaries                               325
   Notes receivable from non-Debtor subsidiaries            352
   Inventories, net
      Productive material, work-in-process and supplies     901
      Finished goods                                        316
   Prepaid expenses and other                               335
                                                       --------
      TOTAL CURRENT ASSETS                                6,553

Long-term assets:
   Property, net                                          2,601
   Goodwill                                                 152
   Other intangible assets                                   40
   Pension intangible assets                                871
   Investments in non-Debtor subsidiaries                 3,418
   Other                                                    705
                                                       --------
TOTAL ASSETS                                            $14,340
                                                       ========


              LIABILITIES AND STOCKHOLDERS' DEFICIT         

Current liabilities not subject to compromise:
   Secured debt in default                                2,497
   Accounts payable                                       1,308
   Accounts payable to non-Debtor subsidiaries              376
   Accrued liabilities                                    1,067
                                                       --------
   TOTAL CURRENT LIABILITIES                              5,248

Long-term liabilities not subject to compromise:
   Debtor-in-possession financing                           250
   Employee benefit plan obligations and other              752
                                                       --------
   TOTAL LONG-TERM LIABILITIES                            1,002

Liabilities subject to compromise                        16,867
                                                       --------
   TOTAL LIABILITIES                                     23,117
          
Stockholders' deficit:         
   Common stock                                               6
   Additional paid-in capital                             2,755
   Accumulated deficit                                   (9,064)
   Minimum pension liability                             (2,308)
   Accumulated other comprehensive loss                    (114)
   Treasury stock, at cost (3.2 million shares)             (52)
                                                       --------
   TOTAL STOCKHOLDERS' DEFICIT                           (8,777)
                                                       --------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT             $14,340
                                                       ========


                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Operations
                    Month Ended June 30, 2006
                          (In Millions)

Net sales:                  
   General Motors and affiliates                           $960
   Other customers                                          618
   Intercompany non-Debtor subsidiaries                      54
                                                       --------
Total net sales                                           1,632
                                                       --------
Operating expenses:                  
   Cost of sales                                          3,360
   Selling, general and administrative                       68
   Depreciation and amortization                             54
   Goodwill and long-lived asset impairment charges           -
                                                       --------
Total operating expenses                                  3,482
                                                       --------
Operating loss                                           (1,850)

Interest expense                                            (30)
Other expense, net                                            2

Reorganization items                                         (4)
Income tax benefit (expense)                                 (3)
Equity income from non-consolidated subsidiaries              6
Equity income from non-Debtor subsidiaries, net of tax       20
                                                       --------
NET LOSS                                                ($1,859)
                                                       ========


                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Cash Flows
                    Month Ended June 30, 2006
                           (In Millions)

Cash flows from operating activities:         
   Net loss                                             ($1,859)
   Adjustments to reconcile net loss
    to net cash provided by operating activities:         
    Depreciation and amortization                            54
    Pension and other postretirement benefit expenses     1,685
    Equity income from unconsolidated subsidiaries, net      (6)
    Equity income from non-Debtor subsidiaries, net of tax  (20)
    Reorganization items                                      4
   Changes in operating assets and liabilities:         
    Accounts receivable, net                                (68)
    Inventories, net                                         (4)
    Prepaid expenses and other                              (53)
    Accounts payable, accrued and other long-term debts     181
    Pension contributions                                    (1)
    Other postretirement benefit payments                   (23)
    Receipts (payments) for reorganization items, net        (7)
    Other                                                   (27)
                                                       --------
Net cash used in operating activities                      (144)
        
Cash flows from investing activities:
   Capital expenditures                                     (30)
   Increase in restricted cash                                -
   Proceeds from sale of property                             3
   Other                                                     (1)
                                                       --------
Net cash used in investing activities                       (28)

Cash flows from financing activities:
   Proceeds advanced under bank overdraft                     5
   Repayments of borrowings under other debt                 (1)
                                                       --------
Net cash used in financing activities                         4
                                                       --------
Decrease in cash and cash equivalents                      (168)
Cash and cash equivalents at beginning of period          1,018
                                                       --------
Cash and cash equivalents at end of period                 $850
                                                       ========

Based in Troy, Mich., Delphi Corporation -- http://www.delphi.com/      
-- is the single largest global supplier of vehicle electronics,
transportation components, integrated systems and modules, and
other electronic technology.  The Company's technology and
products are present in more than 75 million vehicles on the road
worldwide.  The Company filed for chapter 11 protection on Oct. 8,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481).  John Wm. Butler
Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in
their restructuring efforts.  Robert J. Rosenberg, Esq., Mitchell
A. Seider, Esq., and Mark A. Broude, Esq., at Latham & Watkins
LLP, represents the Official Committee of Unsecured Creditors.
As of Aug. 31, 2005, the Debtors' balance sheet showed
$17,098,734,530 in total assets and $22,166,280,476 in total
debts.  (Delphi Bankruptcy News, Issue No. 35; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


FLYI INC: Posts $4.45 Million Net Loss in June 2006
---------------------------------------------------

                               FLYi Inc.
                      Consolidated Balance Sheet
                         As of June 30, 2006

ASSETS

Current assets
      Cash                                            $1,202,230
      Short term investments                                   0
      Net accounts receivable                        379,627,803
      IC Notes receivable                              4,252,000
                                                   -------------
      Total Current Assets                          $385,082,033
                                                   -------------
Other assets
      Restricted cash                                          0
      Long term investments                            7,435,000
      Other assets                                    14,055,412
                                                   -------------
      Total Other Assets                             $21,490,412
                                                   -------------
      TOTAL ASSETS                                  $406,572,445
                                                   =============

Liabilities not subject to compromise                         $0
Liabilities subject to compromise
      Secured debt                                             0
      Priority debt                                            0
      Unsecured debt                                 249,382,443
      Other accruals                                           0
                                                   -------------
      Total Liabilities                              249,382,443
                                                   -------------
Owner Equity
      Common stock                                     1,088,716
      Additional paid in capital                     158,254,512
      Treasury stock                                 (35,717,477)
      Pre-petition retained earnings                  39,858,773
      Postpetition retained earnings                  (6,294,522)
                                                   -------------
      Net Owners' Equity                            $157,190,002
                                                   -------------
      TOTAL LIABILITIES AND OWNER'S EQUITY          $406,572,445
                                                   =============


                               FLYi Inc.
                       Statement of Operations
                               June 2006

Revenues                                                      $0
Other (income) expenses
      Interest income                                    ($4,195)
      Interest expense                                         -
      Other miscellaneous                                      -
                                                   -------------
Net Profit (Loss) before reorganization items             $4,195

Reorganization items
      Professional fees                                4,455,687
      Income Taxes                                             -
                                                   -------------
Net Profit (Loss)                                    ($4,451,492)
                                                   =============

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.  Brett H. Miller, Esq., at Otterbourg,
Steindler, Houston & Rosen, P.C., represents the Official
Committee of Unsecured Creditors.  As of Sept. 30, 2005, the
Debtors listed assets totaling $378,500,000 and debts totaling
$455,400,000.  (FLYi Bankruptcy News, Issue No. 22; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


FLYI INC: Independence Air Earns $104 Million in June 2006
----------------------------------------------------------

                         Independence Air Inc.
                      Consolidated Balance Sheet
                         As of June 30, 2006

ASSETS

Current assets
      Cash                                           $40,966,865
      Short term investments                          97,461,108
      Restricted cash                                  2,607,627
      Net accounts receivable                         99,225,290
      Net expandable parts and fuel                       62,636
      Net prepaid expenses                             6,208,878
      Deferred tax asset                                      (1)
                                                   -------------
Total current assets                                $246,532,403
                                                   -------------
Other assets
      Restricted cash                                 14,649,347
      Aircraft deposits                               12,662,000
      Other assets                                       420,099
                                                   -------------
Total other assets                                   $27,731,446
                                                   -------------
      TOTAL ASSETS                                  $274,263,849
                                                   =============
LIABILITIES

Liabilities not subject to compromise
      Accounts payable                                $5,443,672
      Air traffic liability                              836,891
      Accrued liabilities                              1,516,001
      Amounts due to insiders                             25,000
                                                   -------------
Total Postpetition Liabilities                        $7,821,564
                                                   -------------

Liabilities subject to compromise
      Secured debt                                    $1,268,971
      Priority debt                                    1,411,289
      Unsecured debt                                 401,286,593
      Other accruals                                  17,647,545
                                                   -------------
Total prepetition liabilities                       $421,614,398
                                                   -------------
Total Liabilities                                   $429,435,962
                                                   -------------
Owner Equity
      Common stock                                            $0
      Treasury stock                                   7,435,000
      Owner's equity account                                   -
      Pre-petition retained earnings                (243,575,613)
      Postpetition retained earnings                  80,968,500
                                                   -------------
Net Owners' Equity                                 ($155,172,113)
                                                   -------------
      TOTAL LIABILITIES AND OWNER'S EQUITY          $274,263,849
                                                   =============


                         Independence Air Inc.
                        Statement of Operations
                               June 2006

Revenues
Operating Revenue
      Passenger revenue                                       $0
      Other revenue                                       16,114
                                                   -------------
Total operating revenues                                 $16,114
                                                   -------------
Operating expenses
Insider compensation                                     $8,334
      Wages                                              416,899
      Fringes and benefits                                44,063
      Aircraft fuel                                         (198)
      Aircraft maintenance and materials                  33,074
      Traffic commissions                                  1,457
      Landing fees                                       (82,226)
      Depreciation and amortization                      (30,010)
      Others                                            (582,682)
                                                   -------------
Total operating expense                                ($191,289)
                                                   -------------
Net operating income (loss)                              207,403
                                                   -------------
Net Profit (Loss) before other income & expenses         207,403
                                                   -------------
Other (income) expenses
      Interest income                                   (295,570)
      Interest expense                                    11,483
      Other miscellaneous                           (100,233,866)
                                                   -------------
      Total other (income) expense                  (100,517,953)
                                                   -------------
Net Profit (Loss) before reorganization items        100,725,356
                                                   -------------
Reorganization items
      Professional fees                               (3,629,237)
      Income Taxes                                             -
                                                   -------------
Net Profit (Loss)                                   $104,354,593
                                                   =============

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.  Brett H. Miller, Esq., at Otterbourg,
Steindler, Houston & Rosen, P.C., represents the Official
Committee of Unsecured Creditors.  As of Sept. 30, 2005, the
Debtors listed assets totaling $378,500,000 and debts totaling
$455,400,000.  (FLYi Bankruptcy News, Issue No. 22; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


FOAMEX INTERNATIONAL: Earns $2.6 Million in Period Ended July 2
---------------------------------------------------------------

             Foamex International, et al., as Debtors
                    Consolidated Balance Sheet
                        As of July 2, 2006


                              ASSETS

Current Assets
      Cash                                           $2,446,000
      Accounts Receivable, net                      185,965,000
      Inventory                                     102,757,000
      Other current assets                           25,441,000
                                                   ------------
Total current assets                                316,610,000

Land & land improvements                              4,993,000
Buildings                                            86,774,000
Leasehold improvement                                 6,023,000
Machinery & Equipment                               202,026,000
Furniture & Fixtures                                  5,130,000
Auto equipment                                        7,761,000
Computer equipment                                    8,326,000
Construction in progress                              2,719,000
Accumulated depreciation                           (228,372,000)
                                                   ------------
Total property plant & equipment, net                95,379,000
        
Goodwill, net                                        86,191,000
Debt Issuance costs, net                              3,450,000
Investment in subsidiaries                           16,149,000
Long-term intercompany receivable                     4,850,000
Other Assets                                         50,893,000
                                                   ------------
Total Assets                                       $573,523,000
                                                   ============

              LIABILITIES & STOCKHOLDERS' DEFICIENCY

Current Liabilities
      Revolver borrowings                           $72,186,000
      Current portion of long-term debt              86,225,000
      Accounts payable                               92,261,000
      Intercompany                                     (102,000)
      Accrued employee costs                         15,692,000
      Accrued rebates                                10,912,000
      Accrued interest                                4,075,000
      Other current liabilities                      21,502,000
                                                   ------------
Total current liabilities                           302,751,000

Long-term debt                                          269,000
Intercompany debt                                             -
Liability Subject to Compromise                     636,046,000
Other liabilities                                    26,732,000
                                                   ------------
Total Long-Term Liabilities                         663,046,000
                                                   ------------
Total Liabilities                                   965,798,000

Common stock                                            280,000
Preferred stock                                          15,000
Additional paid-in capital                          103,291,000
Treasury stock                                      (27,780,000)
Partners capital                                              -
Other comprehensive income (loss)                   (38,127,000)
Shareholder loans                                    (9,221,000)
Accumulated deficit                                (420,733,000)
                                                   ------------
Stockholders' Deficiency                           (392,275,000)
                                                   ------------
Liabilities & Stockholders Deficiency              $573,523,000
                                                   ============


             Foamex International, et al., as Debtors
                  Consolidated Income Statement
                     May 29 to July 2, 2006


Gross Sales                                        $138,282,000
Rebates, Discount & Sale Allowance                   (7,610,000)
                                                   ------------
Net Sales                                           130,672,000

Material                                             85,600,000
Labor                                                 4,691,000
Overhead                                             14,333,000
Asset Impairments                                     1,505,000
Freight/Shipping                                      5,083,000
                                                   ------------
Cost of Sales                                       111,211,000
                                                   ------------
Gross Profit                                         19,461,000

Labor Expense                                         4,509,000
Indirect Materials & Samples                             (3,000)
Equipment & Maintenance Expense                          46,000
Facility Expense                                        173,000
Asset Disposal Gain (Loss)                                    -
Travel & Entertainment                                  389,000
Technology                                              182,000
Professional Fees & Services                          1,606,000
Other Miscellaneous Expense                             (91,000)
Insurance & Tax                                         295,000
Bad debt expense                                        216,000
Bank/Collection Costs                                    49,000
Transportation Cost                                      14,000
Depreciation/Amortization                               399,000
Corp. Cost to COS                                      (856,000)
                                                   ------------
Selling, general & admin expenses                     6,927,000
Restructuring & Impairment Charges                       28,000
                                                   ------------
Income from operations                               12,506,000

Interest Expense                                      7,379,000
Equity in earnings of JV & non-debtor subs             (694,000)
Other Income & (Expense)                               (259,000)
Professional Fees                                     1,511,000
Provision/(Gains)- Rejected Contracts                         -
Bankruptcy Filing Fees                                        -
Other Expense (Income)                                        -
Debt Adjustment Gain/Loss                                     -
                                                   ------------
Reorganization Expense (Income)                       1,511,000
                                                   ------------
Income before Tax                                     2,662,000    
Tax Provision                                                 -
                                                   ------------
Net Income                                           $2,662,000
                                                   ============

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.  Kenneth A. Rosen,
Esq., and Sharon L. Levine, Esq., at Lowenstein Sandler PC and
Donald J. Detweiler, Esq., at Saul Ewings, LP, represent the
Official Committee of Unsecured Creditors.  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. 23; Bankruptcy Creditors' Service, Inc.,
215/945-7000).


INTERSTATE BAKERIES: Earns $5.8 Million in Period Ended June 3
--------------------------------------------------------------

           Interstate Bakeries Corporation and Subsidiaries
           Unaudited Consolidated Monthly Operating Report
                    Four Weeks Ended June 3, 2006

REVENUE

Gross Income                                       $288,096,466
Less Cost of Goods Sold
    Ingredients, Packaging & Outside Purchasing      70,517,362
    Direct & Indirect Labor                          52,030,746
    Overhead & Production Administration             11,420,373
                                                   ------------
       Total Cost of Goods Sold                     133,968,481
                                                   ------------
          Gross Profit                             $154,127,985
                                                   ------------

OPERATING EXPENSES

Owner-Draws/Salaries                                          -
Selling & Delivery Employee Salaries                $70,555,424
Advertising and Marketing                             (311,436)
Insurance (Property, Casualty, & Medical)            11,007,811
Payroll Taxes                                         5,370,944
Lease and Rent                                        3,270,416
Telephone and Utilities                               1,224,109
Corporate Expense (Including Salaries)                8,001,201
Other Expenses                                       37,332,513
                                                   ------------
    Total Operating Expenses                       $136,450,982
                                                   ------------
EBITDA                                               17,677,003

Restructuring & Reorganization Charges                1,437,647
Depreciation and Amortization                         8,701,438
Other (Income)/Expense                                  (72,550)
Gain/Loss Sale of Property                                    -
Interest Expense                                      5,068,701
                                                   ------------
Operating Income (Loss)                               2,541,767

Income Tax Expense (Benefit)                         (3,285,316)
                                                   ------------
Net Income (Loss)                                    $5,827,083
                                                   ============

CURRENT ASSETS
   Accounts Receivable at end of period            $150,976,856
   Increase (Dec.) in Accounts Receivable             5,960,386
   Inventory at end of period                        65,393,642
   Increase (Decrease) in Inventory for period        1,665,763
   Cash at end of period                             78,177,253
   Increase (Decrease) in Cash for period           (15,767,384)
   Restricted Cash                                   86,353,459
   Increase (Dec.) in Restricted Cash for period      2,489,033

LIABILITIES
   Increase (Decrease) in Liabilities
      Not Subject to Compromise                     (21,585,077)
   Increase (Decrease) in Liabilities
      Subject to Compromise                          (3,477,391)
   Taxes payable:
      Federal Payroll Taxes                           9,853,378
      State/Local Payroll Taxes                       2,315,627
      State Sales Taxes                                 867,735
      Real Estate and Personal Property Taxes        12,402,942
      Other                                           4,598,973
                                                   ------------
      Total Taxes Payable                           $30,038,655
                                                   ============

Headquartered in Kansas City, Missouri, Interstate Bakeries
Corporation is a wholesale baker and distributor of fresh baked
bread and sweet goods, under various national brand names,
including Wonder(R), Hostess(R), Dolly Madison(R), Baker's Inn(R),
Merita(R) and Drake's(R). The Company employs approximately
32,000 in 54 bakeries, more than 1,000 distribution centers and
1,200 thrift stores throughout the U.S. 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. 44; Bankruptcy Creditors' Service, Inc., 215/945-7000).


KUSHNER-LOCKE: Files April 2006 Monthly Operating Reports
---------------------------------------------------------
On June 21, 2006, The Kushner-Locke Company and its debtor-
affiliates filed their April 2006 Monthly Operating Reports with
the U.S. Bankruptcy Court for the Central District of California,
Los Angeles Division.

For the month ending April 30, 2006, The Kushner-Locke Company's
Profit & Loss Statement shows:

      Gross Profit                           $0
      Total Operating Expenses           79,411
      Total Non-Operating Expenses       31,026

      Net Income (Loss)               ($110,437)

For the period from April 1, 2006, through April 30, 2006, The
Kushner-Locke Company's Cash Receipts and Disbursements Report
shows:

                              Collateral    Concentration
                                Account        Account
                              ----------    -------------
      Beginning Balance       $1,804,296         $106,382
      Total Receipts               6,445          100,000
      Total Disbursements        106,051          104,336  
      Ending Balance          $1,704,690         $102,046
   
Full-text copies of The Kushner-Locke Company's April 2006
Monthly Operating Reports are available at no charge at:

Profit & Loss Statement:

               http://ResearchArchives.com/t/s?ef1

Cash Receipts and Disbursements Report:

               http://ResearchArchives.com/t/s?ef0

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.


KUSHNER-LOCKE: Files May 2006 Monthly Operating Reports
-------------------------------------------------------
On July 28, 2006, The Kushner-Locke Company and its debtor-
affiliates filed their May 2006 Monthly Operating Reports with
the U.S. Bankruptcy Court for the Central District of California,
Los Angeles Division.

For the month ending May 31, 2006, The Kushner-Locke Company's
Profit & Loss Statement shows:

      Gross Profit                           $0
      Total Operating Expenses           86,605
      Total Non-Operating Expenses      117,227

      Net Income (Loss)               ($203,832)

For the period from May 1, 2006, through May 31, 2006, The
Kushner-Locke Company's Cash Receipts and Disbursements Report
shows:

                              Collateral    Concentration
                                Account        Account
                              ----------    -------------
      Beginning Balance       $1,704,690         $102,046
      Total Receipts             234,177          215,000
      Total Disbursements        215,000          203,782  
      Ending Balance          $1,723,868         $113,264
   
Full-text copies of The Kushner-Locke Company's March 2006
Monthly Operating Reports are available at no charge at:

Profit & Loss Statement:

               http://ResearchArchives.com/t/s?ee8

Cash Receipts and Disbursements Report:

               http://ResearchArchives.com/t/s?eea

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.


THAXTON GROUP: Posts $76 Mil. Cumulative Net Loss in June 2006
--------------------------------------------------------------
The Thaxton Group filed its monthly operating report for the month
of June 2006 with the U.S. Bankruptcy Court for the District of
Delaware.

The company reported a cumulative net loss of $76,429,270 on
$147,384,039 of revenue for the period from Oct. 17, 2003 thru
June 30, 2006.

At June 30, 2006, the Company's balance sheet reflects:

          Total Assets                    $100,532,857
          Total Liabilities               $179,453,847
          Stockholders' Equity (Deficit)  ($78,920,990)

A full-text copy of Thaxton Group's March 2006 Monthly
Operating Report is available for free at:

               http://ResearchArchives.com/t/s?ee6

Headquartered in Lancaster, South Carolina, The Thaxton Group,
Inc., is a diversified consumer financial services company.
The Company filed for Chapter 11 protection on October 17, 2003
(Bankr. Del. Case No. 03-13183).  Daniel B. Butz, Esq.,
Michael G. Busenkell, Esq., and Robert J. Dehney, Esq., at
Morris, Nichols, Arsht & Tunnell, represent the Debtors in their
restructuring efforts.  Alan Kolod, Esq., at Moses & Singer LLP,
represents the Offical Committee of Unsecured Creditors.  As of
Dec. 31, 2005, the Debtors reported assets totaling $98,889,297
and debts totaling $175,693,613.


TOWER AUTOMOTIVE: Posts $37.1 Million Net Loss in June 2006
-----------------------------------------------------------

             Tower Automotive, Inc., and Subsidiaries
               Unaudited Consolidated Balance Sheet
                        As of June 30, 2006
                           (In Thousands)


Cash and cash equivalents                              $51,879
Accounts receivable                                    159,811
Inventories                                             61,755
Prepaid tooling and other                               27,546
                                                  ------------
        TOTAL CURRENT ASSETS                           300,991
                                                  ------------

Property, plant and equipment, net                     511,457
Investment in & advances to (from) affiliate           766,775
Other assets, net                                       51,616
                                                  ------------
        TOTAL ASSETS                                $1,630,839
                                                  ============

CURRENT LIABILITIES NOT SUBJECT TO COMPRISE:
Current maturities of long-term debt                   $14,255
Current maturities of DIP borrowings                   607,000
Accounts payable                                       129,809
Accrued liabilities                                     95,086
                                                  ------------
        TOTAL CURENT LIABILITIES                       846,150
                                                  ------------
Liabilities subject to comprise                      1,315,916

Liabilities Not Subject to Compromise:
Long-term debt, net of current maturities               84,751
Other non-current liabilities                           20,574
                                                  ------------
        TOTAL LIABILITIES                           $2,267,391
                                                  ------------
        STOCKHOLDERS' DEFICIT                        ($636,552)
                                                  ------------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT         $1,630,839
                                                  ============


             Tower Automotive, Inc., and Subsidiaries
                 Unaudited Statement of Operations
                      June 1 to June 30, 2006
                           (In Thousands)

Revenues                                              $140,508
Cost of sales                                          129,251
                                                  ------------
Gross profit                                            11,257

Selling, general & administrative expenses               7,010
Restructuring & asset impairment charges, net            6,726
Other operating income                                    (269)
                                                  ------------
Operating income (loss)                                 (2,210)

Interest expense                                         6,422
Interest income                                           (209)
Intercompany interest (income)/expense                  (2,158)
Chapter 11 and related reorganization items             32,434
                                                  ------------
Income (loss) before provision for
    income taxes, equity in earnings of
    joint ventures, and minority interest              (38,699)

Provision (benefit) for income taxes                    (1,544)
Income (loss) before equity in earnings                (37,155)
Equity in earnings of joint ventures, net                   (2)
                                                  ------------
NET INCOME/(LOSS)                                     ($37,157)
                                                  ============


             Tower Automotive, Inc., and Subsidiaries
                  Unaudited Statement of Cash Flows
                      June 1 to June 30, 2006
                           (In Thousands)

OPERATING ACTIVITIES:
Net loss                                              ($37,157)

Adjustments required to reconcile net loss
to net cash provided by (used in)
operating activities:

Ch. 11 & related reorganization items, net              30,256
Restructuring and asset impairment, net                  9,951
Depreciation                                             7,080
Equity in earnings of joint ventures, net                    2
Change in working capital & operating items             (1,945)
                                                  ------------
Net cash provided by (used in)
operating activities:                                    8,187

INVESTING ACTIVITIES:
Cash disbursed for purchase of property,
plant and equipment                                     (4,275)
                                                  ------------
Net cash used for investing activities                  (4,275)

FINANCING ACTIVITIES:
Proceeds from non-DIP borrowings                            -
Repayments of non-DIP borrowings                           (1)
Borrowings from DIP credit facility                     54,000
Repayments of borrowings from DIP facility             (59,500)
                                                  ------------
Net cash provided by (used in)
financing activities                                    (5,501)
                                                  ------------
Net change in cash and cash equivalents                 (1,589)
                                                  ------------
Cash & Cash Equivalents, beginning of period            53,468
                                                  ------------
Cash & Cash Equivalents, end of period                 $51,879
                                                  ============

                   About Tower Automotive

Headquartered in Grand Rapids, Michigan, Tower Automotive, Inc.
-- http://www.towerautomotive.com/-- is a global designer and
producer of vehicle structural components and assemblies used by
every major automotive original equipment manufacturer, including
BMW, DaimlerChrysler, Fiat, Ford, GM, Honda, Hyundai/Kia, Nissan,
Toyota, Volkswagen and Volvo.  Products include body structures
and assemblies, lower vehicle frames and structures, chassis
modules and systems, and suspension components.  The Company and
25 of its debtor-affiliates filed voluntary chapter 11 petitions
on Feb. 2, 2005 (Bankr. S.D.N.Y. Case No. 05-10576 through
05-10601).  James H.M. Sprayregen, Esq., Ryan B. Bennett, Esq.,
Anup Sathy, Esq., Jason D. Horwitz, Esq., and Ross M. Kwasteniet,
Esq., at Kirkland & Ellis, LLP, represent the Debtors in their
restructuring efforts.  Ira S. Dizengoff, Esq., at Akin Gump
Strauss Hauer & Feld LLP, represents the Official Committee of
Unsecured Creditors.  When the Debtors filed for protection from
their creditors, they listed $787,948,000 in total assets and
$1,306,949,000 in total debts.  (Tower Automotive Bankruptcy News,
Issue No. 40; Bankruptcy Creditors' Service, Inc., 215/945-7000).


USG CORPORATION: Earns $63.8 Million in June 2006
-------------------------------------------------

USG Corporation, et al.
Consolidated Balance Sheet                         30-June-2006
__________________________                         ____________

Assets:
Cash and cash equivalents                          $366,520,000
Marketable Securities                                61,164,000
Restricted Cash                                       2,131,000
Receivables                                         511,365,000
Inventories                                         302,077,000
Income taxes receivable                             327,973,000
Deferred income taxes                             1,244,535,000
Other current assets                                123,239,000
                                                ---------------
Total current assets                              2,939,004,000

Property, plant and equipment, net                1,719,454,000
Goodwill                                            105,416,000
Other assets                                        356,029,000
                                                ---------------
Total Assets                                     $5,119,903,000
                                                ===============

Liabilities and Stockholders' Equity
Accounts payable                                   $324,559,000
Accrued expenses                                    843,625,000
Taxes on income                                      61,714,000
Short term debt                                     749,327,000
Note payable to 524(g) asbestos trust                10,000,000
Contingent note payable to 524(g) trust           3,050,000,000
                                                ---------------
Total current liabilities                         5,039,225,000

Other liabilities                                   460,070,000
Long term debt                                      239,400,000
Deferred income taxes                               107,676,000

Stockholders' Equity:
Common stock                                          4,998,000
Treasury stock                                     (208,482,000)
Capital received in excess of par value             154,006,000
Accumulated other comprehensive income/(loss)       (18,262,000)
Retained earnings                                  (658,728,000)
                                                ---------------
Total stockholders' equity                         (726,468,000)
                                                ---------------
Total Liabilities and Stockholders' Equity       $5,119,903,000
                                                ===============


USG Corporation, et al.                            Month Ending
Consolidated Income Statement                      30-June-2006
_____________________________                      ____________

Net sales                                          $510,122,000

Cost of products sold                               381,438,000
Selling and administrative expenses                  31,331,000
Chapter 11 reorganization expenses                    5,518,000
Provision for asbestos claims                       (27,000,000)
Interest expense                                     12,801,000
Interest income                                        (741,000)
Other (income)/expense, net                            (277,000)
                                                ---------------
Earnings (loss) before income taxes                $107,052,000

Income taxes (benefit)                               43,249,000
                                                ---------------
Net Earnings (loss)                                 $63,803,000
                                                ===============


                            About USG

Headquartered in Chicago, Illinois, USG Corporation --
http://www.usg.com/-- through its subsidiaries, is a leading
manufacturer and distributor of building materials producing a
wide range of products for use in new residential, new
nonresidential and repair and remodel construction, as well as
products used in certain industrial processes.

The Company filed for chapter 11 protection on June 25, 2001
(Bankr. Del. Case No. 01-02094).  David G. Heiman, Esq., Gus
Kallergis, Esq., Brad B. Erens, Esq., Michelle M. Harner, Esq.,
Mark A. Cody, Esq., and Daniel B. Prieto, Esq., at Jones Day
represent the Debtors in their restructuring efforts.

Lewis Kruger, Esq., Kenneth Pasquale, Esq., and Denise Wildes,
Esq., represent the Official Committee of Unsecured Creditors.
Elihu Inselbuch, Esq., and peter Van N. Lockwood, Esq., at Caplin
& Drysdale, Chartered, represent the Official Committee of
Asbestos Personal Injury Claimants.  Martin J. Bienenstock, Esq.,
Judy G. Z. Liu, Esq., Ralph I. Miller, Esq., and David A.
Hickerson, Esq., at Weil Gotshal & Manges LLP represent the
Statutory Committee of Equity Security Holders.  Dean M. Trafelet
is the Future Claimants Representative.  Michael J. Crames, Esq.,
and Andrew  A. Kress, Esq., at Kaye Scholer, LLP, represent the
Future Claimants Representative.  Scott Baena, Esq., and Jay
Sakalo, Esq., at Bilzen Sumberg Baena Price & Axelrod LLP,
represent the Asbestos Property Damage Claimants Committee.

When the Debtors filed for protection from their creditors, they
listed $3,252,000,000 in assets and $2,739,000,000 in debts.  The
Debtors emerged from bankruptcy protection on June 20, 2006. (USG
Bankruptcy News, Issue No. 119; Bankruptcy Creditors'
Service, Inc., 215/945-7000).

                             *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
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the prior week we think are reliable.  Those sources may not,
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For copies of court documents filed in the District of Delaware,
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                             *********

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.  Rizande B.
Delos Santos, Shimero Jainga, Joel Anthony G. Lopez, Tara Marie A.
Martin, Jason A. Nieva, Emi Rose S.R. Parcon, Lucilo M. Pinili,
Jr., Marie Therese V. Profetana, Robert Max Quiblat, Christian Q.
Salta, Cherry A. Soriano-Baaclo, and Peter A. Chapman, Editors.
Copyright 2006.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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