TCR_Public/061111.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, November 11, 2006, Vol. 10, No. 269

                             Headlines

CATHOLIC CHURCH: Portland Files Operating Report for Sept. 2006
CATHOLIC CHURCH: Spokane Files Sept. 2006 Monthly Operating Report
DELTA AIRLINES: Posts $6 Million Net Loss in September 2006
FLYI INC: Posts $445,897 Net Loss in September 2006
FLYI INC: Independence Air Earns $8 Million in September 2006

MERIDIAN AUTOMOTIVE: Posts $26.3 Million Net Loss in Sept. 2006
REFCO INC: Files Schedules of Assets and Liabilities
REFCO INC: Refco LLC Files Sept. 2006 Monthly Operating Report
ROWE COMPANIES: Earns $613,283 for Fiscal Year September 2006
SAINT VINCENTS: Files September 2006 Monthly Operating Report

SONICBLUE INC: Files September 2006 Monthly Operating Report
SOLUTIA INC: Posts $10 Million Net Loss in September 2006
THAXTON GROUP: Posts $83.9 Mil. Cumulative Net Loss in Sept. 2006
VESTA INSURANCE: Files September 2006 Monthly Operating Report
VEST INSURANCE: Gaines Files Sept. 2006 Monthly Operating Report

WINN-DIXIE: Posts $18 Mil. Net Loss in Period Ended October 18

                             *********

CATHOLIC CHURCH: Portland Files Operating Report for Sept. 2006
---------------------------------------------------------------

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

ASSETS

Cash and cash equivalents                            $16,739,073
Accounts receivable, net                               5,255,332
Notes, estates and other receivables                  12,514,853
Loans receivable from Archdiocesan entities, net       6,590,510
Loans receivable from Archdiocesan housing entities      543,159
Interest receivable and other assets                     276,423
Inventories                                            1,665,893
Real Property                                            226,688
Deposits and prepaid expenses                             30,434
Investments                                           98,994,917
Advances to Archdiocesan housing entities              1,640,000
Land, buildings, and equipment, net                    7,334,511
                                                  --------------
Total Assets                                        $151,811,793
                                                  ==============

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               12,708,355
         Long-term pool investments payable           18,277,833
      Reserve for insurance claims                     2,343,946
      Notes payable                                   10,699,698
      Pre-need liability and reserve                     456,268
      Accrued post-retirement liability                7,607,264
                                                  --------------
   Total Prepetition Liabilities                     $55,087,850
                                                  --------------
   Postpetition
      Accounts payable                                   770,968
      Accrued liabilities                              5,017,770
      Funds held for others
         Second Collections                              242,395
         Short-term investments payable                3,733,484
         Long-term pool investments                    5,631,081
      Reserve for insurance claims                       460,648
      Notes payable                                            -
      Pre-need liability and reserve                      22,326
      Accrued post-retirement liability                  404,521
                                                  --------------
   Total Postpetition Liabilities                     16,283,193
                                                  --------------
     Total Liabilities                                71,371,043
                                                  --------------
Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                         69,962,363
      Other Assets                                    (3,572,602)
                                                  --------------
   Total Prepetition Net Assets                       66,389,761
                                                  --------------
   Postpetition Net Assets:
      Charitable Trust Assets                          8,142,723
      Other Assets                                     5,908,266
                                                  --------------
   Total Postpetition Net Assets                      14,050,989
                                                  --------------
      Total Net Assets                                80,440,750
                                                  --------------
Total liabilities & net assets                      $151,811,793
                                                  ==============

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

Revenues, gains and other support
   Annual Catholic Appeal income                            $673
   Gross profit on cemetery sales                         85,251
   Contributions, gifts, annuities and bequests           41,067
   Operating support - Oregon Catholic Press                   -
   Investment income and realized gains (losses),
      net of expenses                                    212,992
   Change in unrealized gains (losses)                 1,384,059
   Insurance premiums, net                               (63,603)
   Interest income from loans                             36,695
   Parish assessments                                    260,689
   Other income                                           65,682
   Departmental revenues                                  40,256
   Net assets released from restrictions                       -
                                                  --------------
   Total revenues, gains, and other support            2,063,761
                                                  --------------
Expenses and program support:
   Program Services:
      Annual Catholic Appeal program support,
         grants and parish subsidies                     334,656
      Clergy Services                                     38,376
      Catholic Schools                                    41,971
      Pastoral Services                                   39,319
      Evangelization Services                             40,452
      Public Services                                      9,700
      Tribunal Services                                   17,522
      Deposit and loan interest                          160,386
      Insurance program                                  646,506
      Cemetery operating expenses                        181,573
      High School grants/charitable annuities             22,393
      Other program expenses                              74,403
                                                  --------------
         Total program services                       $1,607,257
                                                  --------------
   Supporting Services:
      Archbishop, Vicar General
         and Chancellor Services                          47,588
      Finance & Administration:
         Resource Development                             56,983
         Business Affairs                                  9,754
         Financial Services                               62,185
      Human Resources                                     28,768
      Shared Services                                     17,412
      Occupancy and physical plant expenses                7,641
      Designated funds expense                            14,001
      Bankruptcy expense                                 333,263
      Depreciation expense                                     -
                                                  --------------
         Total supporting services                       577,595
                                                  --------------
         Total expenses and program support            2,184,852
                                                  --------------
Increase (decrease) in net assets before
   transfers and designations of net assets             (121,091)

Fund transfers - in (out)                                      -
Designation of net assets                                      -
                                                  --------------
Increase (decrease) in net assets                       (121,091)

Net assets at beginning of year                       80,561,841
                                                  --------------
Net assets at end of year                            $80,440,750
                                                  ==============

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

Beginning Cash Balance:                              $15,089,694
Add:
   Transfers in                                          353,445
   Receipts Deposited                                  4,484,007
   Other (Return of Direct Deposits)                           -
   Other                                                       -
   Other (Interest Income)                                69,062
                                                  --------------
   Total Cash Receipts                                 4,906,514

Subtract:
   Transfers out                                        (353,445)
   Disbursements by check or debit                    (2,898,580)
   Cash withdrawn                                              -
   Other (Service Charges)                                (2,825)
   Other (Misc Check Correction)                              -
   Other (NSF Checks)                                     (2,825)
   Other (Clear Interfund Rec/Pay)                             -
                                                  --------------
   Total Cash Disbursements                           (3,257,135)
                                                  --------------
Ending Cash Balance                                  $16,739,073

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.  Albert N. Kennedy, Esq., at Tonkon Torp, LLP, represents
the Official Tort Claimants Committee in Portland, and scores of
abuse victims are represented
by other lawyers.  David A. Foraker serves as the Future Claimants
Representative appointed in the Archdiocese of Portland's Chapter
11 case.  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.
70; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


CATHOLIC CHURCH: Spokane Files Sept. 2006 Monthly Operating Report
------------------------------------------------------------------
  
                      Catholic Diocese of Spokane
                             Balance Sheet
                        As of September 30, 2006

ASSETS
  Total Cash Accounts                                 $2,579,934
  Total Transfer Account                                 211,389
  Total Investments                                    4,074,109
  Total Property                                         495,004
  Total Loans Receivable                               2,696,745
  Total Interfund Loan Receivable                        217,913
  Total Accounts Receivable                               81,507
  Total Land and Buildings & Equipment                 2,502,815
  Total Prepaid Expenses                                  26,815
                                                  --------------
Total Assets                                         $12,886,231
                                                  ==============

LIABILITIES AND NET ASSETS

Liabilities
  Total Deposits Payable                               9,986,367
  Total Interest Payable                                       0
  Total Accounts Payable                                  30,720

Total Long-term Liabilities                            9,269,297

Net Assets
  Total Unrestricted - Fund Balance                  (19,631,629)
  Total Unrestricted Net Assets                      (19,631,629)
  T.R. - Guse Grant Funds                                369,350
  T.R. - Bishop's School Grants Funds                     72,411
  Total Replacement Fund                              10,578,273
  Total Diocesan D&L Funding                           2,176,115
  Total Guatemala Funds                                  607,088
  Temporarily Restricted                                      -
  [Unknown Adjustment to Plant Fund]                   [(130,000)]
                                                  --------------
Total liabilities & net assets                       $12,886,231
                                                  ==============

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

Total Income                                            $257,160
Total Expenses                                           556,109
                                                  --------------
Net Excess or Deficit                                   $298,949
                                                  ==============

The Diocese of Spokane's Statement of Cash Receipts and
Disbursements for September 2006 shows ending balance of
$2,542,125.  Cash receipts for the period total $288,882, while
disbursements total $60,441.

A full-text copy of the Diocese's September 2006 operating report
is available for free at http://ResearchArchives.com/t/s?149e

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. 72; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


DELTA AIRLINES: Posts $6 Million Net Loss in September 2006
-----------------------------------------------------------

                      Delta Air Lines, Inc.
            Unaudited Consolidated Balance Sheets
                     As of September 31, 2006

                             ASSETS

Current Assets:
Cash and cash equivalents                         $2,283,000,000
Short-term investments                              $525,000,000
Restricted cash                                    1,021,000,000
Accounts receivable, net of an allowance for
   uncollectible accounts of $38                     999,000,000
Expendable parts and supplies inventories, net
   of an allowance for obsolescence of $176          178,000,000
Prepaid expenses and other                           875,000,000
                                                 ---------------
Total current assets                               5,881,000,000

Property And Equipment:
Flight equipment                                  17,819,000,000
Accumulated depreciation                          (6,608,000,000)
                                                 ---------------
Flight equipment, net                             11,211,000,000

Ground property and equipment                      4,666,000,000
Accumulated depreciation                          (2,898,000,000)
                                                 ---------------
Ground property and equipment, net                 1,768,000,000

Flight and ground equipment
   under capital leases                              466,000,000
Accumulated amortization                            (130,000,000)
                                                 ---------------
Flight and ground equipment
   under capital leases, net                         336,000,000
                                                 ---------------

Advance payments for equipment                        56,000,000
                                                 ---------------
Total property and equipment, net                 13,371,000,000

Other Assets:
Goodwill                                             227,000,000
Operating rights and other intangibles,
   net of accumulated amortization of $193            70,000,000
Other non-current assets                           1,132,000,000
                                                 ---------------
Total other assets                                 1,429,000,000
                                                 ---------------
Total assets                                     $20,681,000,000
                                                 ===============

             Liabilities And Shareowners' Deficit

Current Liabilities:
Current maturities of long-term debt
   and capital leases                             $1,359,000,000
Accounts payable, deferred credits
   and other accrued liabilities                   1,756,000,000
Air traffic liability                              2,053,000,000
Taxes payable                                        537,000,000
Accrued salaries and related benefits                408,000,000
                                                 ---------------
Total current liabilities                          6,113,000,000

Non-current Liabilities:
Long-term debt and capital leases                  6,422,000,000
Deferred revenue and other credits                   326,000,000
Other                                                748,000,000
                                                 ---------------
Total non-current liabilities                      7,496,000,000

Liabilities Subject To Compromise                 20,943,000,000

Commitments And Contingencies

Shareowners' Deficit:
Common stock:
$0.01 par value; 900,000,000 shares
   authorized; 202,081,648 shares issued               2,000,000
Additional paid-in capital                         1,561,000,000
Accumulated deficit                              (12,433,000,000)
Accumulated other comprehensive loss              (2,777,000,000)
Treasury stock at cost, 4,745,710 shares            (224,000,000)
                                                 ---------------
Total shareowners' deficit                       (13,871,000,000)
                                                 ---------------
Total liabilities and shareowners' deficit       $20,681,000,000
                                                 ===============

                      Delta Air Lines, Inc.
          Unaudited Consolidated Statement of Operations
             For the Month Ended September 30, 2006

Operating Revenues:
Passenger:
   Mainline                                         $908,000,000
   Regional affiliates                               301,000,000
Cargo                                                 41,000,000
Other, net                                            98,000,000
                                                 ---------------
Total operating revenues                           1,348,000,000

Operating Expenses:
Aircraft fuel                                        387,000,000
Salaries and related costs                           326,000,000
Contract carrier arrangements                        235,000,000
Depreciation and amortization                         98,000,000
Contracted services                                   95,000,000
Landing fees and other rents                          64,000,000
Passenger commissions and
   other selling expenses                             62,000,000
Aircraft maintenance materials and
   outside repairs                                    58,000,000
Passenger service                                     28,000,000
Aircraft rent                                         18,000,000
Restructuring, asset writedowns, pension
   settlements and related items, net                 (4,000,000)
Other                                                 58,000,000
                                                 ---------------
Total operating expenses                           1,425,000,000
                                                 ---------------
Operating Income                                     (77,000,000)
                                                 ---------------
Other Income (Expense):
Interest expense (contractual interest
   expense equals $94 for the month ended
   September 30, 2006)                               (69,000,000)
Interest income                                        2,000,000
Miscellaneous, net                                   (13,000,000)
                                                 ---------------
Total other expense, net                             (80,000,000)
                                                 ---------------
Loss Before Reorganization Items, Net               (157,000,000)

Reorganization Items, Net                            128,000,000
                                                 ---------------
Loss Before Income Taxes                             (29,000,000)

Income Tax Benefit                                    23,000,000
                                                 ---------------
NET LOSS                                             ($6,000,000)
                                                 ===============

                      Delta Air Lines, Inc.
         Unaudited Consolidated Statements of Cash Flows
              For the Month ended September 30, 2006

Cash Flows From Operating Activities                $145,000,000

Cash Flows From Investing Activities:
Property and equipment additions:
   Flight equipment, including
      advance payments                               (29,000,000)
   Ground property and equipment                      (8,000,000)
Proceeds from sale of flight equipment                 6,000,000
Increase in restricted investments, net               (1,000,000)
Decrease in restricted cash                         (169,000,000)
                                                 ---------------
Net cash provided by investing activities           (201,000,000)

Cash Flows From Financing Activities:
Payments on long-term debt and
   capital lease obligations                        (102,000,000)
                                                 ---------------
Net cash used by financing activities               (102,000,000)
                                                 ---------------
Net increase in cash and cash equivalents           (158,000,000)

Cash & cash equivalents at beginning of period     2,441,000,000

Cash & cash equivalents at end of period          $2,283,000,000

Headquartered in Atlanta, Georgia, Delta Air Lines
-- http://www.delta.com/-- is the world's second-largest airline  
in terms of passengers carried and the leading U.S. carrier across
the Atlantic, offering daily flights to 502 destinations in 88
countries on Delta, Song, Delta Shuttle, the Delta Connection
carriers and its worldwide partners.  The Company and 18
affiliates filed for chapter 11 protection on Sept. 14, 2005
(Bankr. S.D.N.Y. Lead Case No. 05-17923).  Marshall S. Huebner,
Esq., at Davis Polk & Wardwell, represents the Debtors in their
restructuring efforts.  Timothy R. Coleman at The Blackstone Group
L.P. provides the Debtors with financial advice.  Daniel H.
Golden, Esq., and Lisa G. Beckerman, Esq., at Akin Gump Strauss
Hauer & Feld LLP, provide the Official Committee of Unsecured
Creditors with legal advice.  John McKenna, Jr., at Houlihan Lokey
Howard & Zukin Capital and James S. Feltman at Mesirow Financial
Consulting, LLC, serve as the Committee's financial advisors.  As
of June 30, 2005, the Company's balance sheet showed $21.5 billion
in assets and $28.5 billion in liabilities. (Delta Air Lines
Bankruptcy News, Issue No. 48; Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000)


FLYI INC: Posts $445,897 Net Loss in September 2006
---------------------------------------------------

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

ASSETS

Current assets:
   Cash                                               $1,215,824
   Short-term investments                                      -
   Net accounts receivable                           379,627,803
   IC Notes receivable                                 4,252,000
                                                   -------------
Total Current Assets                                 385,095,627
                                                   -------------
Other assets:
   Long term investments                               7,435,000
   Other assets                                        4,055,412
                                                   -------------
Total Other Assets                                    21,490,412
                                                   -------------
TOTAL ASSETS                                        $406,586,039
                                                   =============

LIABILITIES AND OWNER EQUITY

Liabilities subject to compromise (prepetition:
   Security debt                                               -
   Priority debt                                               -
   Unsecured debt                                   $250,932,836
                                                   -------------
Total Prepetition Liabilities                        250,932,836
                                                   -------------
Owner Equity:
   Common stock                                        1,088,716
   Additional paid in capital                        158,254,512
   Treasury stock                                    (35,717,477)
   Prepetition retained earnings                      39,858,773
   Postpetition retained earnings                     (7,831,321)
                                                   -------------
Net Owner Equity                                     155,653,203
                                                   -------------
TOTAL LIABILITIES AND OWNER'S EQUITY                $406,586,039
                                                   =============

                           FLYi, Inc.
                     Statement of Operations
                         September 2006

Revenues:
Operating expense                                         $1,120

Net profit (loss) before other income & expenses          (1,120)

Other (income) expenses:
   Interest income                                        (4,468)
   Interest expense                                       20,833
                                                   -------------
Total other (income) expense                              16,365
Net profit (loss) before reorganization items            (17,485)

Reorganization items:
   Professional fees                                    428,412
                                                   -------------
Total reorganization expenses                            428,412
Income taxes                                                   -
                                                   -------------
Net profit (loss)                                      ($445,897)

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. 27; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or  
215/945-7000).


FLYI INC: Independence Air Earns $8 Million in September 2006
-------------------------------------------------------------

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

ASSETS

Current assets:
   Cash                                             $45,396,592
   Short term investments                           103,348,430
   Restricted cash                                    1,576,897
   Net accounts receivable                           98,281,493
   Net expandable parts and fuel                         62,636
   Net prepaid expenses                               5,348,106
   Deferred tax asset                                        (1)
                                                  -------------
Total current assets                                254,014,153
                                                  -------------
Other assets:
   Restricted cash                                   14,246,169
   Aircraft deposits                                 12,662,000
   Other assets                                         419,643
                                                  -------------
Total other assets                                   27,327,812
                                                  -------------
TOTAL ASSETS                                       $281,341,965
                                                  =============

LIABILITIES

Liabilities not subject to compromise:
   Accounts payable                                  $4,006,849
   Air traffic liability                                833,822
   Accrued liabilities                                2,009,235
   Amounts due to insiders                               76,250
                                                  -------------
Total Postpetition Liabilities                        6,926,156
                                                  -------------

Liabilities subject to compromise:
   Secured debt                                       1,063,006
   Priority debt                                     10,441,310
   Unsecured debt                                   391,821,067
   Other accruals                                    15,898,125
                                                  -------------
Total prepetition liabilities                       419,223,509
                                                  -------------
Total Liabilities                                   426,149,665
                                                  -------------
Owner Equity:
   Capital stock                                              -
   Treasury stock                                     7,435,000
   Prepetition retained earnings (deficit)         (243,575,613)
   Postpetition retained earnings (deficit)          91,332,914
                                                  -------------
Net Owner Equity                                   (144,807,700)
                                                  -------------
TOTAL LIABILITIES AND OWNER'S EQUITY               $281,341,965
                                                  =============

                     Independence Air, Inc.
                     Statement of Operations
                         September 2006

Revenues                                                $15,260

Operating expenses:
Insider compensation                                      8,333
   Wages                                                 95,441
   Fringes and benefits                              (2,054,251)
   Aircraft fuel                                           (566)
   Aircraft maintenance and materials                   (65,493)
   Facilities rents                                    (141,791)
   Landing fees                                         (46,018)
   Others                                               708,407
   Retirement & restructuring charge                    397,945
                                                  -------------
Total operating expense                              (1,097,994)
                                                  -------------
Net operating income (loss)                           1,113,254
                                                  -------------
Net Profit (Loss) before other income & expenses      1,113,254
                                                  -------------
Other (income) expense
   Interest income                                     (641,000)
   Interest expense                                       3,876
   Other miscellaneous                               (6,697,850)
                                                  -------------
Total other (income) expense                         (7,334,974)
                                                  -------------
Net profit (loss) before reorganization items         8,448,228
                                                  -------------
Reorganization items:
   Professional fees                                    428,412
                                                  -------------
Net profit (loss)                                    $8,019,816

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. 27; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or  
215/945-7000).


MERIDIAN AUTOMOTIVE: Posts $26.3 Million Net Loss in Sept. 2006
---------------------------------------------------------------

             Meridian Automotive Systems - Composites
                 Operations, Inc. and Subsidiaries
               Unaudited Consolidated Balance Sheet
                      As of September 30, 2006
                          (In Thousands)

CURRENT ASSETS:
    Cash                                                       -
    Accounts receivable, net                             $84,115
    Intercompany receivable                               15,616
    Inventories                                           63,787
    Tooling costs in excess of billings and others        30,837
                                                      ----------
       TOTAL CURRENT ASSETS                              194,355
                                                      ----------
    Property, plant and equipment, net                   204,493
    Intangible assets                                     15,196
    Investment in subsidiaries                            23,863
    Other assets                                           8,277
                                                      ----------
       TOTAL ASSETS                                     $446,184
                                                      ==========

CURRENT LIABILITIES NOT SUBJECT TO COMPROMISE:
    Current portion of long term debt                    $57,722
    Accounts payable                                      51,953
    Accrued expenses                                      40,273
    Tooling billings in excess of costs                    7,386
                                                      ----------
       TOTAL CURRENT LIABILITIES                         157,334
                                                      ----------

    Liabilities subject to compromise                    805,010

    Non-Current Liabilities Not Subject to Compromise:
       Other long-term liabilities                         8,782
       Accumulated post-retirement benefit obligation     23,455
                                                      ----------
       TOTAL LIABILITIES                                 994,581
       SHAREHOLDERS' EQUITY                             (548,397)
                                                      ----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY              $446,184
                                                      ==========

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
                 Unaudited Statement of Operations
                      September 1 to 30, 2006
                           (In Thousands)

Net sales                                                $59,745
Cost of sales                                             61,795
                                                      ----------
Gross profit                                              (2,050)

Selling, general and administrative expenses               2,935
Restructuring charges                                      2,532
                                                      ----------
Operating income (loss)                                   (7,517)

Interest expense, net                                      9,209
Other (expense) income                                        29
Chapter 11 and related reorganization items                9,641
                                                      ----------
Loss before provision for income taxes                   (26,338)
(Benefit) Provision for income taxes                         (12)
                                                      ----------
NET LOSS                                                ($26,326)
                                                      ==========

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
                 Unaudited Statement of Cash Flows
                      September 1 to 30, 2006
                           (In Thousands)

OPERATING ACTIVITIES:
    Net loss                                            ($26,326)
    Adjustments required to reconcile net loss to net
     cash provided by (used in) operating activities:
       Depreciation, amortization, and impairment          7,409
       Change in working capital and other operating
        items                                              6,061
                                                      ----------
     Net cash provided by (used for) operating
      activities before reorganization items             (12,856)
                                                      ----------
     Operating cash flows from reorganization items:
        Chapter 11 and related reorganization items        9,641
        Payments on Chapter 11 and related reorg items    (2,215)
                                                      ----------
     Net cash provided by Chapter 11 and related
      reorg items                                          7,426

     Net cash provided by (used for) operating
      activities                                          (5,430)

INVESTING ACTIVITIES:
    Additions to property and equipment                     (365)
    Proceeds from sale or property and equipment             695
                                                      ----------
    Net cash used for investing activities                   330
                                                      ----------

FINANCING ACTIVITIES:
    Proceeds from prepetition borrowings                       -
    Repayments of prepetition borrowings                       -
    Proceeds from DIP credit facility                     17,200
    Repayments of DIP credit facility                    (12,100)
    Repayments on prepetition long-term debt                   -
    Deferred financing costs capitalized                       -
                                                      ----------
Net cash (used for) provided by financing activities       5,100
                                                      ----------
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.  Eric E. Sagerman, Esq.,
at Winston & Strawn LLP represents the Official Committee of
Unsecured Creditors.  The Committee also hired Ian Connor
Bifferato, Esq., at Bifferato, Gentilotti, Biden & Balick, P.A.,
to prosecute an adversary proceeding against Meridian's First Lien
Lenders and Second Lien Lenders to invalidate their liens.  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. 43;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 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
          Wachovia                                    $1,453,675
B.14   Interests in partnerships
          IDS Managed Futures Fund II                     15,766
          IDS Managed Futures Fund I                      52,446
          JWH Global Trust                             2,402,075
B.16   Accounts receivable
          JWH Global Trust                                72,350
          Refco Capital, L.L.C.                          108,208
          Refco, LLC                                   2,591,446
B.35   Other personal property
          Computer and office equipment             Undetermined

       TOTAL SCHEDULED ASSETS                         $6,695,967

C.     Property claimed as exempt                 Not applicable

D.     Secured claims                                         $0

E.     Unsecured Priority Claims                    undetermined

F.     Unsecured non-priority claims
          Accounts Payable:
             IDS Futures Corp.                           $34,235
             Manpower Professionals                        3,808
             Marjorie Bartelli                             2,675
             Sungard Investment Systems                   51,450
             Wachovia Securities                          14,043
          Litigation Claim:
             Gary L. Franzen                        Undetermined

        TOTAL SCHEDULED LIABILITIES                     $106,211

Based in 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.  Luc
A. Despins, Esq., at Milbank, Tweed, Hadley & McCloy LLP,
represents the Official Committee of Unsecured Creditors.  Refco
reported US$16.5 billion in assets and US$16.8 billion in debts
to the Bankruptcy Court on the first day of its chapter 11
cases.

Refco LLC, an affiliate, filed for chapter 7 protection on
Nov. 25, 2005 (Bankr. S.D.N.Y. Case No. 05-60134).  Refco, LLC,
is a regulated commodity futures company that has businesses in
the United States, London, Asia and Canada.  Refco, LLC, filed
for bankruptcy protection in order to consummate the sale of
substantially all of its assets to Man Financial Inc., a wholly
owned subsidiary of Man Group plc.  Albert Togut, the chapter 7
trustee, is represented by Togut, Segal & Segal LLP.

On April 13, 2006, the Court appointed Marc S. Kirschner as
Refco Capital Markets Ltd.'s chapter 11 trustee.  Mr. Kirschner
is represented by Bingham McCutchen LLP.  RCM is Refco's
operating subsidiary based in Bermuda.

Three more affiliates of Refco, Westminster-Refco Management
LLC, Refco Managed Futures LLC, and Lind-Waldock Securities LLC,
filed for chapter 11 protection on June 6, 2006 (Bankr. S.D.N.Y.
Case Nos. 06-11260 through 06-11262).

Refco Commodity Management, Inc., formerly known as CIS
Investments, Inc., a debtor-affiliate of Refco Inc., filed for
chapter 11 protection on Oct. 16, 2006 (Bankr. S.D.N.Y. Case No.
06-12436).  (Refco Bankruptcy News, Issue No. 48; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or    
215/945-7000).


REFCO INC: Refco LLC Files Sept. 2006 Monthly Operating Report
--------------------------------------------------------------
Albert Togut, the Chapter 7 trustee appointed to oversee the
liquidation of Refco, LLC's estate, a debtor-affiliates of Refco
Inc., filed with the U.S. Bankruptcy Court for the Southern
District of New York a monthly statement of cash receipts and
disbursements for  the period from September 1 to 30, 2006.

The Chapter 7 Trustee reports that Refco LLC's beginning balance
as of September 1 totals $788,569,000.  The Debtor's beginning
purchase price account balance totals $55,189,000 and its
beginning capital account "A" balance totals $733,380,000.
  
The purchase price account includes activity related to Man
Financial sale proceeds and related disbursements.  Capital
account "A" includes activity related to collection of excess
capital.
  
Refco LLC received $1,399,000 in cash and disbursed $5,281,000.  
The Debtor held $784,687,000 at the end of the period.

The Chapter 7 Trustee prepared the Monthly Statement in lieu of
comprehensive financial statements.

A full-text copy of Refco LLC's September 2006 Monthly Statement
is available at no charge at:

http://ResearchArchives.com/t/s?14d1

Based in 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.  Luc
A. Despins, Esq., at Milbank, Tweed, Hadley & McCloy LLP,
represents the Official Committee of Unsecured Creditors.  Refco
reported US$16.5 billion in assets and US$16.8 billion in debts
to the Bankruptcy Court on the first day of its chapter 11
cases.

Refco LLC, an affiliate, filed for chapter 7 protection on
Nov. 25, 2005 (Bankr. S.D.N.Y. Case No. 05-60134).  Refco, LLC,
is a regulated commodity futures company that has businesses in
the United States, London, Asia and Canada.  Refco, LLC, filed
for bankruptcy protection in order to consummate the sale of
substantially all of its assets to Man Financial Inc., a wholly
owned subsidiary of Man Group plc.  Albert Togut, the chapter 7
trustee, is represented by Togut, Segal & Segal LLP.

On April 13, 2006, the Court appointed Marc S. Kirschner as
Refco Capital Markets Ltd.'s chapter 11 trustee.  Mr. Kirschner
is represented by Bingham McCutchen LLP.  RCM is Refco's
operating subsidiary based in Bermuda.

Three more affiliates of Refco, Westminster-Refco Management
LLC, Refco Managed Futures LLC, and Lind-Waldock Securities LLC,
filed for chapter 11 protection on June 6, 2006 (Bankr. S.D.N.Y.
Case Nos. 06-11260 through 06-11262).

Refco Commodity Management, Inc., formerly known as CIS
Investments, Inc., a debtor-affiliate of Refco Inc., filed for
chapter 11 protection on Oct. 16, 2006 (Bankr. S.D.N.Y. Case No.
06-12436).  (Refco Bankruptcy News, Issue No. 48; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or    
215/945-7000).


ROWE COMPANIES: Earns $613,283 for Fiscal Year September 2006
-------------------------------------------------------------
Rowe Companies Inc. and its debtor-affiliates filed their monthly
operating report for Sept. 2006 with the United States Bankruptcy
Court for the District of Nebraska on Oct. 27, 2006.

The Debtor reported a net income of $613,283 for the month ended
Sept. 30, 2006.  

At Sept. 30, 2006, Rowe Companies Inc. and its debtor-affiliates'
balance sheet showed:

        Total Current Assets                  $27,149,704
        Total Assets                          $43,235,315
        Total Liabilities                     $82,174,570
        Total Shareholders' Deficit           $38,939,255

A full-text copy of Rowe Companies Inc.'s September 2006 Monthly
Operating Report is available at no charge at

http://ResearchArchives.com/t/s?14c9

Headquartered in McLean, Virginia, The Rowe Companies
-- http://www.therowecompanies.com/-- manufactures
upholstered retail home and office furniture, interior
decorations, tableware, lighting fixtures, and other interior
design accessories.  The company owns 100% of stock of
manufacturing and retail subsidiaries, Rowe Furniture
-- http://www.rowefurniture.com/--  and Storehouse, Inc.
-- http://www.storehousefurniture.com/

The company and its two of its debtor-affiliates filed for chapter
11 protection on Sept. 18, 2006 (Bank. E.D. Va. Case Nos. 06-11142
to 06-11144).  Dylan G. Trache, Esq., H. Jason Gold, Esq., and
Valerie P. Morrison, Esq., at Wiley Rein & Fielding LLP, represent
the Debtors.  When the Debtors filed for protection from their
creditors, The Rowe Companies listed total assets of $130,779,655
and total debts of $93,262,974; Rowe Furniture estimated assets
between $50 million and $100 million and debts between $10 million
and $50 million; and Storehouse, Inc. estimated assets and debts
between $10 million and
$50 million.  The Debtors' exclusive period to file a
chapter 11 plan expires on Jan. 16, 2007.


SAINT VINCENTS: Files September 2006 Monthly Operating Report
-------------------------------------------------------------

                          SVCMC Debtors
              Unaudited Consolidated Balance Sheet
                    As of September 30, 2006

ASSETS
Cash & Cash Equivalents                              $25,716,405
Investments                                                    -
Patients Accounts Receivable, less allowance for
    doubtful accounts                                154,506,002
Accounts Receivable                                   47,081,995
Other Current Assets                                  47,105,218
Assets Held for Sale                                  82,966,169
                                                  --------------
    Total Current Assets                             357,375,789

Depreciation Reserve Funds & Collaterized Assets       8,710,324
Assets Designated for Self-Insurance
    Investments at Market                             43,859,346
Assets whose use is limited -
    Investments at Market                             54,627,574
Other Non-Current Assets                              17,009,567
Land, Buildings & Equipment, net of
    Accumulated Depreciation                         133,981,089
                                                  --------------
     Total Assets                                   $615,563,689
                                                  ==============

LIABILITIES AND NET ASSETS
Liabilities Not Subject to Compromise:
    Long-Term Debt                                   106,034,809
    Long-term Debt (GE)                              169,000,000
    Accounts Payable & Accrued Expenses              128,683,742
    Accrued Salaries and Payroll Taxes Withheld       44,445,895
    Estimated Retroactive Payables to
       Third Parties, net                             89,560,187
    Other Non-current Liabilities                     38,351,876
    Liabilities Held for Sale                         38,978,796
                                                  --------------
    Total Liabilities Not Subject to Compromise      615,055,305

Liabilities Subject to Compromise:
    Liabilities Subject to Compromise                481,131,676
                                                  --------------
    Total Liabilities Subject to Compromise          481,131,676
                                                  --------------
    Total Liabilities                              1,096,186,981

Net Assets:
    Unrestricted                                    (542,985,970)
    Temporarily Restricted                            37,683,101
    Permanently Restricted                            24,679,577
                                                  --------------
    Total Net Assets                                (480,623,292)
                                                  --------------
    Total Liabilities & Net Assets                  $615,563,689
                                                  ==============

                          SVCMC Debtors
            Unaudited Consolidated Income Statement
             From September 1 to September 30, 2006

Operating Revenue
    Inpatient                                        $66,232,169
    Outpatient                                        29,443,268
                                                  --------------
       Patient Service Revenue                        95,675,437
                                                  --------------
    Less Provision for Bad Debt                        6,373,470
                                                  --------------
       Net Patient Service Revenue                    89,301,967
                                                  --------------
    Pool Revenue                                       3,863,271
    Capitation                                         7,644,438
    Other                                             13,165,737
                                                  --------------
    Total Operating Revenue                          113,975,413

Operating Expenses:
    Salaries and Wages                                48,746,855
    Fringe Benefits                                   13,504,213
    Supplies and Other                                34,466,988
    Insurance                                          4,049,306
                                                  --------------
    Total Direct Operating Costs                     100,767,362

    Salaries and Wages                                 2,180,530
    Fringe Benefits                                      601,184
    Supplies and Other                                 5,971,465
                                                  --------------
    Total Corporate Allocated                          8,753,179
                                                  --------------
    Total Operating Expense                          109,520,541
                                                  --------------
Interest                                               2,245,602
Depreciation                                           1,715,853
                                                  --------------
    Operating Gain (Loss) Before
       Non-Recurring and/or Unusual Items                493,417

Non-Recurring and/or Unusual Items:
    Discontinued Operations (St. Mary's)                       -
    St. Mary's Op Pac Rate Adjustment                          -
    ZBEC/HFE Recoveries                                        -
    Restructuring & Bankruptcy Related Costs          (2,850,784)
    Estimated Close-out of St. Mary's                          -
    Hanys Investment Income (SFS INS)                          -
    Prior Period Ambulance Revenue                             -
    Transfer of Equity Foundation                              -
                                                  --------------
    Total Non-Recurring and/or Unusual Items          (2,850,784)
                                                  --------------
    Operating Gain (Loss) After
       Non-Recurring and/or Unusual Items             (2,357,367)
                                                  --------------
Non-Operating Revenue                                   (820,567)
Change in Temporary Restricted Net Assets               (358,271)
                                                  --------------
    Change in Net Assets                             ($3,536,205)
                                                  --------------
    EBITDA                                            $4,454,872
                                                  ==============

                          SVCMC Debtors
               Unaudited Statement of Cash Flows
             From September 1 to September 30, 2006

Cash Flows from Operation Activities:
    Changes in Net Assets                            ($3,536,205)

Adjustments to Reconcile Changes in Net Assets
    to Net Cash Provided by Operating Activities:
    Depreciation & Amortization                        1,715,853
    Change in Unrealized Gains & Losses                  703,605
    Change in Patient's Accounts Receivable           (6,975,409)
    Change in Accounts Receivables, Other              2,031,630
    Change in Prepaid Expenses & Other                  (391,100)
    Change in Other Non-Current Assets                 2,973,163
    Change in Accounts Payable &
       Accrued Exp-Postpetition                      (13,638,494)
    Change in Accrued Salaries & P/R Taxes            (6,183,238)
    Change in Est. Retro rec/pay
       from/to third parties                           1,245,420
    Change in Other Non-Current Liabilities           (1,161,644)
                                                  --------------
    Net Cash (Used) in Operating Activities          (23,216,419)

Cash flows From Investment Activities:
    Sale of Investments, Net                           3,743,573
    Purchase of Assets Whose Use is Limited             (623,323)
    Acquisition/Sale of Land, Building,
       & Equipment                                    (1,503,352)
                                                  --------------
    Net Cash Provided by Investing Activities          1,616,898

Cash flows From Financing Activities:
    Proceeds/Repayment From/of Working Capital Loan            -
    Repayment of Long-term debt                         (168,236)
                                                  --------------
    Net Cash (Used) in Financing Activities             (168,236)

    Net Increase (Decrease)
       in Cash & Cash Equivalents                    (21,767,757)

    Cash & Cash Equivalents at Beginning of Month     47,484,161
                                                  --------------
    Cash & Cash Equivalents at End of the Month      $25,716,405

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, filed the Debtors' chapter 11 cases.  On Sept. 12,
2005, John J. Rapisardi, Esq., at Weil, Gotshal & Manges LLP took
over representing the Debtors in their restructuring efforts.
Martin G. Bunin, Esq., at Thelen Reid & Priest LLP, represents the
Official Committee of Unsecured Creditors.

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. 38 Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


SONICBLUE INC: Files September 2006 Monthly Operating Report
------------------------------------------------------------
SONICblue Inc. filed its monthly operating report for September
2006 with the United States Bankruptcy Court for the District of
Nebraska on Nov. 9, 2006.

The Debtor reported a net loss of $89,941,813 from net sale of
$3,194,424, for the month ended Sept. 30, 2006.  Net loss for the
month ended Aug. 31 was $90,136,259.

At Sept. 30, 2006, SONICblue Inc.'s balance sheet showed:

        Total Current Assets                  $78,890,271
        Total Assets                          $78,890,271
        Total Liabilities                    $237,445,803
        Total Shareholders' Deficit         ($158,555,698)

A full-text copy of SONICblue Inc.'s September 2006
Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?14d0

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.


SOLUTIA INC: Posts $10 Million Net Loss in September 2006
---------------------------------------------------------

                 Solutia Chapter 11 Debtors
           Unaudited Statement of Consolidated
                    Financial Position
                   As of September 30, 2006

                          ASSETS

Cash                                                 $39,000,000
Trade Receivables, net                               190,000,000
Account Receivables-Unconsolidated Subsidiaries       46,000,000
Inventories                                          203,000,000
Other Current Assets                                  70,000,000
Assets of Discontinued Operations                              -
                                                  --------------
Total Current Assets                                 548,000,000

Property, Plant and Equipment, net                   661,000,000
Investments in Subsidiaries and Affiliates           566,000,000
Intangible Assets, net                               100,000,000
Other Assets                                          59,000,000
                                                  --------------
Total Assets                                      $1,934,000,000
                                                  ==============

              LIABILITIES AND SHAREHOLDERS' DEFICIT

Accounts Payable                                    $176,000,000
Short Term Debt                                      650,000,000
Other Current Liabilities                            182,000,000
Liabilities of Discontinued Operations                         -
                                                  --------------
Total Current Liabilities                          1,008,000,000

Other Long-Term Liabilities                          193,000,000
                                                  --------------
Total Liabilities not Subject to Compromise        1,201,000,000

Liabilities Subject to Compromise                  2,064,000,000

Shareholders' Deficit                             (1,331,000,000)
                                                  --------------
Total Liabilities & Shareholders' Deficit         $1,934,000,000
                                                  ==============

                 Solutia Chapter 11 Debtors
       Unaudited Consolidated Statement of Operations
           For the Month Ended September 30, 2006

Total Net Sales                                     $199,000,000
Total Cost Of Goods Sold                             182,000,000
                                                  --------------
Gross Profit                                          17,000,000

Total MAT Expense                                     18,000,000
                                                  --------------
Operating Income (Loss)                               (1,000,000)

Equity Earnings from Affiliates                        4,000,000
Interest Expense, net                                 (7,000,000)
Other Income, net                                      3,000,000

Reorganization Items:
Professional fees                                     (4,000,000)
Employee severance and retention costs                         -
Other                                                 (3,000,000)
                                                  --------------
                                                      (7,000,000)
                                                  --------------
Loss Before Taxes                                     (8,000,000)

Income tax expense (benefit)                          (2,000,000)
                                                  --------------
Net Loss                                            ($10,000,000)

Headquartered in St. Louis, Missouri, Solutia, Inc.
(OTCBB:SOLUQ) -- 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 Dec. 17, 2003 (Bankr. S.D.N.Y. Case No. 03-17949).
When the Debtors filed for protection from their creditors, they
listed US$2,854,000,000 in assets and US$3,223,000,000 in debts.
Solutia is represented by Richard M. Cieri, Esq., at Kirkland &
Ellis.  Daniel H. Golden, Esq., Ira S. Dizengoff, Esq., and
Russel J. Reid, Esq., at Akin Gump Strauss Hauer & Feld LLP
represent the Official Committee of Unsecured Creditors, and
Derron S. Slonecker at Houlihan Lokey Howard & Zukin Capital
provides the Creditors' Committee with financial advice.
(Solutia Bankruptcy News, Issue No. 72; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or  
215/945-7000)


THAXTON GROUP: Posts $83.9 Mil. Cumulative Net Loss in Sept. 2006
-----------------------------------------------------------------
The Thaxton Group filed its monthly operating report for the month
of September 2006 with the U.S. Bankruptcy Court for the District
of Delaware on Nov. 3, 2006.

The company reported a cumulative net loss of $83,971,753 on
$161,464,801 of revenue for the period from Oct. 17, 2003 thru
Sept. 30, 2006.

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

          Total Assets                    $100,486,775
          Total Liabilities               $185,520,423
          Stockholders' Equity Deficit    ($85,033,648)

A full-text copy of Thaxton Group's September 2006 Monthly
Operating Report is available at no charge at:

               http://ResearchArchives.com/t/s?14d2

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.


VESTA INSURANCE: Files September 2006 Monthly Operating Report
--------------------------------------------------------------

                    Vesta Insurance Group, Inc.  
                         Income Statement  
                  Month ending September 30, 2006
  
Revenue from Total Sales                                      $0
Less:  
   Cost of Sales                                               0
                                                    ------------
Gross Profit                                                   0

Less:
   Operating Expenses                                     50,228
                                                    ------------
Net Profit Operations                                    (50,228)

Non-Operating Income (Expenses)                          
   Interest Income                                        43,202
   Legal Expense                                         
                                                    ------------
Net Profit (Loss)                                        ($7,026)
                                                    ============
  
                    Vesta Insurance Group, Inc.  
            Schedule of Cash Receipts and Disbursements  
                  Month ending September 30, 2006

Cash On Hand (Beginning)                              $5,806,657

Cash Receipts:
   Accounts Receivable                                         0
   Cash Sales                                                  0
   Loan Proceeds                                               0
   Sale of Property                                            0
   Interest                                               43,202
                                                    ------------
Total Receipts                                            43,202

Cash Disbursements:
   Financing costs, fees, interest                             0
   Advertising                                                 0
   Automobiles/Vehicles (repair and maintenance)               0
   Bank Fees                                                  70
   Commissions/Contract Labor                                  0
   Insurance Expense                                           0
   Interest Paid                                               0
   Inventory Purchased                                         0
   Legal Fees                                                  0
   Management Fees                                        20,962
   Postage                                                     0
   Rent/Lease Payments on Real Estate                          0
   Repairs and Maintenance                                     0
   Salaries/Wages (portion paid to J.G. Gaines, Inc.)     28,558
   Secured Loan Payments                                       0
   Supplies                                                  638
   Taxes                                                       0
   Unsecured Loan Payments                                     0
   Utilities                                                   0
   Others                                                      0
                                                    ------------
Total Disbursements                                       50,228
  
Surplus or Deficit                                        (7,026)
                                                    ------------
Cash on Hand (End)                                    $5,799,631

Headquartered in Birmingham, Alabama, Vesta Insurance Group, Inc.
(Other OTC: VTAI.PK) -- http://www.vesta.com/-- is a holding  
company for a group of insurance companies that primarily offer
property insurance in targeted states.

Wyatt R. Haskell, Luther S. Pate, UV, and Costa Brava Partnership
III, L.P., filed an involuntary chapter 7 petition against the
Company on July 18, 2006 (Bankr. N.D. Ala. Case No. 06-02517).
The case was converted to a voluntary chapter 11 case on Aug. 8,
2006 (Bankr. N.D. Ala. Case No. 06-02517).  Eric W. Anderson,
Esq., at Parker Hudson Rainer & Dobbs, LLP, represents the Debtor.
R. Scott Williams, Esq., at Haskell Slaughter Young & Rediker,
LLC, represents the petitioning creditors.  In its schedules of
assets and liabilities, Vesta listed $14,919,938 in total assets
and $214,278,847 in total liabilities.

J. Gordon Gaines, Inc., is a Vesta Insurance-owned unit that
manages the company's numerous insurance subsidiaries and employs
the headquarters workers.  The Company filed for chapter 11
protection on Aug. 7, 2006 (Bankr. N.D. Ala. Case No. 06-02808).
Eric W. Anderson, Esq., at Parker Hudson Rainer & Dobbs, LLP,
represent the Debtor in its restructuring efforts.   In its
schedules of assets and liabilities, Gaines listed $19,818,094 in
total assets and $16,046,237 in total liabilities.

On Aug. 1, 2006, the District Court of Travis County, Texas
entered the Order appointing the Texas Commissioner of Insurance
as Liquidator of Vesta Insurance's Texas-domiciled subsidiaries:
Vesta Fire Insurance Corporation; The Shelby Insurance Company;
Shelby Casualty Insurance Corporation; Texas Select Lloyds
Insurance Company; and Select Insurance Services, Inc.  (Vesta
Bankruptcy News, Issue No. 9; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


VEST INSURANCE: Gaines Files Sept. 2006 Monthly Operating Report
----------------------------------------------------------------

                      J. Gordon Gaines, Inc.
                         Income Statement  
                 Month ending September 30, 2006

Revenue from Total Sales                                $70,525
Less:
   Cost of Sales                                              0
                                                   ------------
Gross Profit                                             70,525

Less:
   Operating Expenses                                    53,738
                                                   ------------
Net Profit Operations                                    16,787

Non-Operating Income (Expenses)
   Interest Earned                                        3,480
   Non-operational income                                 9,943
                                                   ------------
Net Profit (Loss)                                       $30,209
                                                   ============

                      J. Gordon Gaines, Inc.  
            Schedule of Cash Receipts and Disbursements  
                  Month ending September 30, 2006

Cash On Hand (Beginning)                             $1,248,252

Cash Receipts:
   Accounts Receivable                                        0
   Management Fees                                       70,525
   Loan Proceeds                                              0
   Sale of Property                                           0
   Interest Earned                                        3,480
   Non-operational Income                                 9,943
   Funding by Texas Receiver                            569,902
   Intercompany insurance operations                     57,112
                                                   ------------
Total Receipts                                          710,962

Cash Disbursements:
   Financing costs, fees, interest                            0
   Accounting Fees (payroll fees)                         2,062
   Advertising                                                0
   Automobiles/Vehicles (repair and maintenance)              0
   Bank Fees                                                  0
   Commissions/Contract Labor                                 0
   Insurance Expense                                          0
   Interest Paid                                              0
   Storage Cost                                          18,400
   Information System Cost                               61,528
   Inventory Purchased                                        0
   Legal Fees                                                 0
   Management Fees                                       34,320
   Postage                                                1,660
   Rent/Lease Payments on Real Estate                         0
   Repairs and Maintenance                                1,582
   Salaries/Wages (portion paid to J.G. Gaines, Inc.)   514,129
   Secured Loan Payments                                      0
   Supplies                                              17,354
   Travel & Entertainment                                 1,250
   Taxes                                                      0
   Unsecured Loan Payments                                    0
   Utilities                                             86,827
   Others                                                57,112
                                                   ------------
Total Disbursements                                     796,222

Surplus or Deficit                                       85,260
                                                   ------------
Cash on Hand (End)                                   $1,162,992

Headquartered in Birmingham, Alabama, Vesta Insurance Group, Inc.
(Other OTC: VTAI.PK) -- http://www.vesta.com/-- is a holding  
company for a group of insurance companies that primarily offer
property insurance in targeted states.

Wyatt R. Haskell, Luther S. Pate, UV, and Costa Brava Partnership
III, L.P., filed an involuntary chapter 7 petition against the
Company on July 18, 2006 (Bankr. N.D. Ala. Case No. 06-02517).
The case was converted to a voluntary chapter 11 case on Aug. 8,
2006 (Bankr. N.D. Ala. Case No. 06-02517).  Eric W. Anderson,
Esq., at Parker Hudson Rainer & Dobbs, LLP, represents the Debtor.
R. Scott Williams, Esq., at Haskell Slaughter Young & Rediker,
LLC, represents the petitioning creditors.  In its schedules of
assets and liabilities, Vesta listed $14,919,938 in total assets
and $214,278,847 in total liabilities.

J. Gordon Gaines, Inc., is a Vesta Insurance-owned unit that
manages the company's numerous insurance subsidiaries and employs
the headquarters workers.  The Company filed for chapter 11
protection on Aug. 7, 2006 (Bankr. N.D. Ala. Case No. 06-02808).
Eric W. Anderson, Esq., at Parker Hudson Rainer & Dobbs, LLP,
represent the Debtor in its restructuring efforts.   In its
schedules of assets and liabilities, Gaines listed $19,818,094 in
total assets and $16,046,237 in total liabilities.

On Aug. 1, 2006, the District Court of Travis County, Texas
entered the Order appointing the Texas Commissioner of Insurance
as Liquidator of Vesta Insurance's Texas-domiciled subsidiaries:
Vesta Fire Insurance Corporation; The Shelby Insurance Company;
Shelby Casualty Insurance Corporation; Texas Select Lloyds
Insurance Company; and Select Insurance Services, Inc.  (Vesta
Bankruptcy News, Issue No. 9; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


WINN-DIXIE: Posts $18 Mil. Net Loss in Period Ended October 18
--------------------------------------------------------------

                  Winn-Dixie Stores, Inc., et al.
               Unaudited Consolidated Balance Sheet
                      At October 18, 2006
                        (In Thousands)

                            ASSETS

Current assets:
Cash and cash equivalents                               $237,997
Marketable securities                                     14,575
Trade and other receivables, net                         138,029
Insurance claims receivable                               21,738
Income tax receivable                                     42,029
Merchandise inventories, net                             502,797
Prepaid expenses and other current assets                 38,285

Total current assets                                     995,450
                                                      ----------
Property, plant and equipment, net                       486,326
Other assets, net                                         79,842
                                                      ----------
Total assets                                          $1,561,618
                                                      ==========

               LIABILITIES AND SHAREHOLDERS' DEFICIT

Current liabilities:
Current borrowings under DIP Credit Facility             $40,193
Current portion of long-term debt                            239
Current obligations under capital leases                   3,301
Accounts payable                                         246,872
Reserve for self-insurance liabilities                    76,701
Accrued wages and salaries                                69,899
Accrued rent                                              51,209
Accrued expenses                                         106,167
                                                      ----------
Total current liabilities                                594,581
                                                      ----------
Reserve for self-insurance liabilities                   151,765
Long-term debt                                                82
Obligations under capital leases                           4,498
Other liabilities                                         19,377
                                                      ----------
Total liabilities not subject to compromise              770,303
                                                      ----------
Liabilities subject to compromise                      1,112,931
                                                      ----------
Total liabilities                                      1,883,234
                                                      ----------

Shareholders' deficit:
Common stock                                             141,858
Additional paid-in-capital                                36,839
Accumulated deficit                                     (480,780)
Accumulated other comprehensive loss                     (19,533)
                                                      ----------
Total shareholders' deficit                             (321,616)
                                                      ----------
Total liabilities and shareholders' deficit           $1,561,618
                                                      ==========

                  Winn-Dixie Stores, Inc., et al.
         Unaudited Consolidated Statement of Operations
                 Four Weeks Ended October 18, 2006
                        (In Thousands)

Net sales                                               $529,236
Cost of sales, net                                       389,399
                                                      ----------
Gross profit on sales                                    139,837
Other operating and administrative expenses              152,954
Restructuring gain                                          (217)
                                                      ----------
Operating loss                                           (12,900)
Interest expense, net                                        901
                                                      ----------
Loss before reorganization items and income taxes        (13,801)
Reorganization items, net expense                          5,513
                                                      ----------
Net loss from continuing operations                      (19,314)

Discontinued operations:
Gain from discontinued operations                            260
Loss on disposal of discontinued operations                  902
Income tax expense                                             0
                                                      ----------
Net loss from discontinued operations                      1,162
                                                      ----------
Net loss                                                ($18,152)
                                                      ==========

                  Winn-Dixie Stores, Inc., et al.
         Unaudited Consolidated Statement of Cash Flows
                 Four Weeks Ended October 18, 2006
                        (In Thousands)

Cash flows from operating activities:
Net loss                                                ($18,152)
Adjustments to reconcile net loss to
   net cash used in operating activities:
Gain on sales of assets, net                                (356)
Reorganization items, net                                  5,513
Depreciation and amortization                              7,116
Stock compensation plans                                     427
Change in operating assets and liabilities:
Trade and other receivables                               (3,351)
Merchandise inventories                                  (48,438)
Prepaid expenses and other current assets                 (2,898)
Accounts payable                                          33,336
Reserve for self-insurance liabilities                       655
Lease liability on closed facilities                     (18,051)
Income taxes receivable                                     (175)
Defined benefit plan                                        (322)
Other accrued expenses                                    19,441
                                                      ----------
Net cash used in operating activities
   before reorganization items                           (25,255)
Cash effect of reorganization items                         (600)
                                                      ----------
Net cash used in operating activities                    (25,855)

Cash flows from investing activities:
Purchases of property, plant and equipment                (5,559)
Increase in investments and other assets                  (1,095)
Sales of assets                                            7,507
Purchases of marketable securities                          (564)
Sales of marketable securities                             1,548
Other                                                     (1,052)
                                                      ----------
Net cash provided by investing activities                    785

Cash flows from financing activities:
Gross borrowings on DIP Credit Facility                    3,018
Gross payments on DIP Credit Facility                     (2,825)
Increase in book over-drafts                               1,423
Principal payments on
  capital lease obligations                                 (109)
Principal payments on long-term debt                         (19)
Debt issuance costs                                           (4)
                                                      ----------
Net cash provided by financing activities                  1,484

Increase in cash and cash equivalents                    (23,586)
Cash and cash equivalents at
   beginning of period                                   261,583
                                                      ----------
Cash and cash equivalents at end of period              $237,997

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc.
-- http://www.winn-dixie.com/-- is one of the nation's largest  
food retailers.  The Company operates 527 stores in Florida,
Alabama, Louisiana, Georgia, and Mississippi.  The Company,
along with 23 of its U.S. subsidiaries, filed for chapter 11
protection on Feb. 21, 2005 (Bankr. S.D.N.Y. Case No. 05-11063,
transferred Apr. 14, 2005, to Bankr. M.D. Fla. Case Nos.
05-03817 through 05-03840).  D.J. Baker, Esq., at Skadden
Arps Slate Meagher & Flom LLP, and Sarah Robinson Borders,
Esq., and Brian C. Walsh, Esq., at King & Spalding LLP,
represent the Debtors in their restructuring efforts.
Paul P. Huffard at The Blackstone Group, LP, gives
financial advisory services to the Debtors.  Dennis F. Dunne,
Esq., at Milbank, Tweed, Hadley & McCloy, LLP, and John B.
Macdonald, Esq., at Akerman Senterfitt give legal advice to
the Official Committee of Unsecured Creditors.  Houlihan Lokey &
Zukin Capital gives financial advisory services to the
Committee.  When the Debtors filed for protection from their
creditors, they listed $2,235,557,000 in total assets and
$1,870,785,000 in total debts.  (Winn-Dixie Bankruptcy News,
Issue No. 59; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 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
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
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On Thursdays, the TCR delivers a list of recently filed chapter 11
cases involving less than $1,000,000 in assets and liabilities
delivered to nation's bankruptcy courts.  The list includes links
to freely downloadable images of these small-dollar petitions in
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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
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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.  Marie Therese V. Profetana, Robert Max Victor M. Quiblat II,
Shimero R. Jainga, Joel Anthony G. Lopez, Melvin C. Tabao, Rizande
B. Delos Santos, Cherry A. Soriano-Baaclo, Ronald C. Sy, Jason A.
Nieva, Lucilo M. Pinili, Jr., Tara Marie A. Martin, and Peter A.
Chapman, Editors.

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

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                    *** End of Transmission ***