TCR_Public/061209.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, December 9, 2006, Vol. 10, No. 293

                             Headlines

ADELPHIA COMMS: Files October 2006 Monthly Operating Report
ALLIED HOLDINGS: Earns $878,000 in October 2006
DELPHI CORP: Posts $54 Million Net Loss in October 2006
DELTA AIR: Posts $88 Million Net Loss in October 2006
ENTERGY NEW ORLEANS: Earns $2.8 Million in October 2006

INTERSTATE BAKERIES: Posts $10M Net Loss for Month Ended Oct. 21
MERIDIAN AUTO: Posts $17 Million Net Loss in October 2006
NORTHWEST AIRLINES: Earns $37 Million in October 2006
O'SULLIVAN INDUSTIRES: Files October Cash Receipts & Disbursements
O'SULLIVAN IND: Virginia October 2006 Files Operating Report

O'SULLIVAN FURNITURE: Files October 2006 Monthly Operating Report
O'SULLIVAN HOLDINGS: Files October 2006 Monthly Operating Report
THAXTON GROUP: Posts $85.3 Mil. Cumulative Net Loss in Oct. 2006
TOWER AUTOMOTIVE: Posts $17.7 Million Net Loss in October 2006

                             *********

ADELPHIA COMMS: Files October 2006 Monthly Operating Report
-----------------------------------------------------------

          Adelphia Communications Corporation, et al.
           Consolidated Statement of Net Liabilities
                  In Liquidation (Unaudited)
                     As of October 31, 2006
                     (Dollars in thousands)

                              ASSETS

Cash and cash equivalents                             $5,969,114
Restricted cash                                           33,742
Short-term investments                                 3,268,660
Proceeds from Sale Transaction held in escrow            734,628
TWC Class A Common Stock                               5,475,208
Other assets                                             259,593
                                                     -----------
Total Assets                                         $15,740,945
                                                     ===========

        LIABILITIES AND NET LIABILITIES IN LIQUIDATION

Accounts payable                                          $1,034
Income and other taxes payable                           512,221
Accrued liquidation costs                                192,215
Other accrued liabilities                                295,554
Liabilities subject to compromise                     16,488,549
                                                     -----------
Total liabilities                                    $17,489,573
                                                     -----------
Net Liabilities in Liquidation                       ($1,748,628)
                                                     ===========

           Adelphia Communications Corporation, et al.
           Unaudited Consolidated Statement of Changes
                In Net Liabilities In Liquidation
                  Month Ended October 31, 2006
                     (Dollars in thousands)

Net liabilities in liquidation
at Sept. 30, 2006, as previously reported            ($2,951,144)

Changes in net liabilities in liquidation at
September 30, 2006:
   Change in estimate of net realizable value of
      TWC Class A Common Stock                           756,173
   Reversal of adjustment of liabilities subject
      to compromise to face value                        181,594
   Changes to accrual for liquidation costs              118,504
   Adjustments to gain on Sale Transaction, net
      of taxes                                            45,000
   Interest income from affiliates                        13,884
                                                     -----------
Total change to net liabilities in liquidation
   at September 30, 2006                               1,115,155
                                                     -----------
Net liabilities in liquidation at September 30,
2006, as revised                                      (1,835,989)
                                                     -----------
Changes in net liabilities in liquidation:
   Settlement of liabilities subject to compromise        83,164
   Changes in estimate of net realizable value of
      assets                                              (2,943)
   Change in estimate of accrued liquidation costs          (617)
   Interest income                                        42,819
   Interest income from affiliates                         7,411
   Interest expense                                      (42,473)
                                                     -----------
Net change in net liabilities in liquidation              87,361
                                                     -----------
Net liabilities in liquidation                        (1,748,628)
                                                     ===========

Janet Dickinson, Adelphia Communications Corporation's chief
accounting officer, states that ACOM's unaudited consolidated
Monthly Operating Report for the month of October 2006 reflects
adjustments to its previously reported net liabilities in
liquidation at Sept. 30, 2006.

The adjustments represent certain items which were reflected in
ACOM's quarterly report on Form 10-Q for the period ended
Sept. 30, 2006, which had not been reported in ACOM's
previous monthly operating reports, Ms. Dickinson explains.

Based in Coudersport, Pa., Adelphia Communications Corporation
(OTC: ADELQ) -- http://www.adelphia.com/-- is the fifth-largest    
cable television company in the country.  Adelphia serves
customers in 30 states and Puerto Rico, and offers analog and
digital video services, high-speed Internet access and other
advanced services over its broadband networks.  The Company and
its more than 200 affiliates filed for Chapter 11 protection in
the Southern District of New York on June 25, 2002.  Those cases
are jointly administered under case number 02-41729.  Willkie Farr
& Gallagher represents the ACOM Debtors.  PricewaterhouseCoopers
serves as the Debtors' financial advisor.  Kasowitz, Benson,
Torres & Friedman, LLP, and Klee, Tuchin, Bogdanoff & Stern LLP
represent the Official Committee of Unsecured Creditors.

Adelphia Cablevision Associates of Radnor, L.P., and 20 of its
affiliates, collectively known as Rigas Manged Entities, are
entities that were previously held or controlled by members of the
Rigas family.  In March 2006, the rights and titles to these
entities were transferred to certain subsidiaries of Adelphia
Cablevision, LLC.  The RME Debtors filed for chapter 11 protection
on March 31, 2006 (Bankr. S.D.N.Y. Case Nos. 06-10622 through
06-10642).  Their cases are jointly administered under Adelphia
Communications and its debtor-affiliates chapter 11 cases.  
(Adelphia Bankruptcy News, Issue No. 150; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000).


ALLIED HOLDINGS: Earns $878,000 in October 2006
-----------------------------------------------

                     Allied Holdings, Inc.
             Unaudited Consolidated Balance Sheet
                    As of October 31, 2006
                        (In Thousands)

                            Assets

Current Assets:
       Cash and cash equivalents                          $2,183
       Receivables, net of allowances                     47,004
       Related party receivables                          15,080
       Inventories                                         5,179
       Prepayments and other current assets               22,541
                                                       ---------
          Total current assets                            91,987

Property and equipment, net                              126,140
Goodwill, net                                              3,545
Deferred income taxes                                        127
Other non-current assets                                  22,051
Investment in related parties                             30,848
                                                       ---------
TOTAL ASSETS                                            $274,698
                                                       =========

             Liabilities and Stockholders' Deficit

Current liabilities not subject to compromise
        DIP facility                                    $154,564
        Accounts and notes payable                        26,227
        Deferred income taxes                                145
        Accrued liabilities                               56,346
                                                       ---------
          Total current liabilities                     $237,282

Long-term liabilities not subject to compromise
        Postretirement benefits                            4,296
        Other long-term liabilities                       23,527
                                                       ---------
          Total long-term liabilities                     27,823

Liabilities subject to compromise                        199,218
Stockholders' deficit                                   (189,625)
                                                       ---------
       Total liabilities & stockholders' deficit        $274,698
                                                       =========

                     Allied Holdings, Inc.
        Unaudited Consolidated Statement of Operations
             For the Month Ended October 31, 2006
                        (In Thousands)

Revenues                                                 $74,010

Operating Expenses
       Salaries, Wages & Fringe benefits                  36,874
       Operating supplies & expenses                      14,734
       Purchased transportation                            9,387
       Insurance & claims                                  3,014
       Operating tax & licenses                            2,342
       Depreciation & amortization                         2,450
       Rents                                                 570
       Communications & utilities                            440
       Other operating expenses                              463
       Loss on disposal of operating assets, net              (2)
                                                       ---------
          Total Operating Expenses                        70,272
                                                       ---------
          Operating Income (Loss)                          3,738

Other Income (Expense)
       Interest expense                                   (1,929)
       Investment income                                       5
       Foreign exchange losses, net                         (315)
       Equity in earnings of subsidiaries                    343
                                                       ---------
                                                          (1,896)
                                                       ---------
Income before reorganization items and income taxes        1,842
Reorganization items                                        (932)
                                                       ---------
Income before income taxes                                   910
Income tax expense                                           (32)
                                                       ---------
NET INCOME                                                  $878
                                                       =========

The Debtors disclose cash disbursements totaling $5,191,668
during October 2006.

Headquartered in Decatur, Georgia, Allied Holdings Inc.
-- http://www.alliedholdings.com/-- and its affiliates provide  
short-haul services for original equipment manufacturers and
provide logistical services.  The Company and 22 of its affiliates
filed for chapter 11 protection on July 31, 2005 (Bankr. N.D. Ga.
Case Nos. 05-12515 through 05-12537).  Jeffrey W. Kelley, Esq., at
Troutman Sanders, LLP, represents the Debtors in their
restructuring efforts.  Henry S. Miller at Miller Buckfire & Co.,
LLC, serves as the Debtors' financial advisor.  Anthony J. Smits,
Esq., at Bingham McCutchen LLP, provides the Official Committee of
Unsecured Creditors with legal advice and Russell A. Belinsky at
Chanin Capital Partners, LLC, provides financial advisory services
to the Committee.  When the Debtors filed for protection from
their creditors, they estimated more than $100 million in assets
and debts.  (Allied Holdings Bankruptcy News, Issue No. 35;
Bankruptcy Creditors' Service, Inc. http://bankrupt.com/newsstand/
or 215/945-7000)


DELPHI CORP: Posts $54 Million Net Loss in October 2006
-------------------------------------------------------

                    Delphi Corporation, et al.
               Unaudited Consolidated Balance Sheet
                      As of October 31, 2006
                          (In Millions)

                              ASSETS

Current assets:
   Cash and cash equivalents                                $448
   Restricted cash                                           106
   Accounts receivable, net
      General Motors and affiliates                        2,029
      Other third parties                                  1,223
      Non-Debtor subsidiaries                                302
   Notes receivable from non-Debtor subsidiaries             341
   Inventories, net
      Productive material, work-in-process and supplies      965
      Finished goods                                         291
   Prepaid expenses and other                                302
                                                        --------
      TOTAL CURRENT ASSETS                                 6,007

Long-term assets:
   Property, net                                           2,454
   Investment in affiliates                                  375
   Investments in non-Debtor subsidiaries                  3,621
   Goodwill                                                  152
   Other intangible assets                                    38
   Pension intangible assets                                 394
   Other                                                     324
                                                        --------
TOTAL ASSETS                                             $13,365
                                                        ========

              LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities not subject to compromise:
   Secured debt in default                                $2,492
   Accounts payable                                        1,274
   Accounts payable to non-Debtor subsidiaries               399
   Accrued liabilities                                     1,322
                                                        --------
   TOTAL CURRENT LIABILITIES                               5,487

Long-term liabilities not subject to compromise:
   Debtor-in-possession financing                            250
   Employee benefit plan obligations and other               765
                                                        --------
   TOTAL LONG-TERM LIABILITIES                             1,015

Liabilities subject to compromise                         16,751
                                                        --------
   TOTAL LIABILITIES                                      23,253

Stockholders' deficit:
   Common stock                                                6
   Additional paid-in capital                              2,764
   Accumulated deficit                                   (10,861)
   Minimum pension liability                              (1,736)
   Accumulated other comprehensive loss                       (9)
   Treasury stock, at cost (3.2 million shares)              (52)
                                                        --------
   TOTAL STOCKHOLDERS' DEFICIT                            (9,888)
                                                        --------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT              $13,365
                                                        ========

                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Operations
                   Month Ended October 31, 2006
                          (In Millions)

Net sales:
   General Motors and affiliates                            $888
   Other customers                                           560
   Intercompany non-Debtor subsidiaries                       52
                                                        --------
Total net sales                                            1,500
                                                        --------
Operating expenses:
   Cost of sales                                           1,438
   U.S. employee special attrition program charges             -
   Selling, general and administrative                        88
   Depreciation and amortization                              56
   Goodwill and long-lived asset impairment charges            -
                                                        --------
Total operating expenses                                   1,582
                                                        --------
Operating loss                                               (82)

Interest expense                                             (32)
Other expense, net                                             -

Reorganization items                                          (5)
Income tax benefit (expense)                                 (35)
Equity income from non-consolidated subsidiaries               4
Equity income from non-Debtor subsidiaries, net of tax        96
Cumulative effect of accounting charge, net of tax             -
                                                        --------
NET LOSS                                                    ($54)
                                                        ========

                    Delphi Corporation, et al.
          Unaudited Consolidated Statement of Cash Flows
                   Month Ended October 31, 2006
                           (In Millions)

Cash flows from operating activities:
   Net loss                                                 ($54)
   Adjustments to reconcile net loss
    to net cash provided by operating activities:
    Depreciation and amortization                             56
    Pension and other postretirement benefit expenses         96
    Equity income from unconsolidated subsidiaries, net       (4)
    Equity income from non-Debtor subsidiaries, net of       (96)
    Reorganization items                                       5
    U.S. employee attrition program charges                    -
   Changes in operating assets and liabilities:
    Accounts receivable, net                                 156
    Inventories, net                                          (3)
    Prepaid expenses and other                               (25)
    Accounts payable, accrued and other long-term debts       (6)
    Pension contributions                                    (61)
    Other postretirement benefit payments                    (22)
    Receipts (payments) for reorganization items, net          8
    Other                                                      2
                                                        --------
Net cash used in operating activities                         52

Cash flows from investing activities:
   Capital expenditures                                      (13)
   Increase in restricted cash                                (1)
   Proceeds from sale of property                              1
   Other                                                      (1)
                                                        --------
Net cash used in investing activities                        (14)

Cash flows from financing activities:
   Repayments under cash overdraft                             -
   Repayments of borrowings under other debt                  (1)
                                                        --------
Net cash used in financing activities                         (1)
                                                        --------
Decrease in cash and cash equivalents                         37
Cash and cash equivalents at beginning of period             411
                                                        --------
Cash and cash equivalents at end of period                  $448
                                                        ========

Troy, Mich.-based Delphi Corporation -- http://www.delphi.com/--     
is the single largest global supplier of vehicle electronics,
transportation components, integrated systems and modules, and
other electronic technology.  The Company's technology and
products are present in more than 75 million vehicles on the road
worldwide.  The Company filed for chapter 11 protection on Oct. 8,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481).  John Wm. Butler
Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in
their restructuring efforts.  Robert J. Rosenberg, Esq., Mitchell
A. Seider, Esq., and Mark A. Broude, Esq., at Latham & Watkins
LLP, represents the Official Committee of Unsecured Creditors.
As of Aug. 31, 2005, the Debtors' balance sheet showed
$17,098,734,530 in total assets and $22,166,280,476 in total
debts.  (Delphi Bankruptcy News, Issue No. 49; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or    
215/945-7000)


DELTA AIR: Posts $88 Million Net Loss in October 2006
-----------------------------------------------------

                      DELTA AIR LINES, INC.
            Unaudited Consolidated Balance Sheets
                     As of October 31, 2006

                             ASSETS

CURRENT ASSETS:
Cash and cash equivalents                         $2,152,000,000
Short-term investments                               583,000,000
Restricted cash                                    1,046,000,000
Accounts receivable, net of an allowance for
   uncollectible accounts of $36                     977,000,000
Expendable parts and supplies inventories, net
   of an allowance for obsolescence of $177          178,000,000
Prepaid expenses and other                           852,000,000
                                                 ---------------
Total current assets                               5,788,000,000

PROPERTY AND EQUIPMENT:
Flight equipment                                  17,743,000,000
Accumulated depreciation                          (6,649,000,000)
                                                 ---------------
Flight equipment, net                             11,094,000,000

Ground property and equipment                      4,678,000,000
Accumulated depreciation                          (2,918,000,000)
                                                 ---------------
Ground property and equipment, net                 1,760,000,000

Flight and ground equipment
   under capital leases                              455,000,000
Accumulated amortization                            (129,000,000)
                                                 ---------------
Flight and ground equipment
   under capital leases, net                         326,000,000
                                                 ---------------

Advance payments for equipment                        56,000,000
                                                 ---------------
Total property and equipment, net                 13,236,000,000

OTHER ASSETS:
Goodwill                                             227,000,000
Operating rights and other intangibles,
   net of accumulated amortization of $190            90,000,000
Other noncurrent assets                            1,123,000,000
                                                 ---------------
Total other assets                                 1,440,000,000
                                                 ---------------
Total assets                                     $20,464,000,000
                                                 ===============

             LIABILITIES AND SHAREOWNERS' DEFICIT

CURRENT LIABILITIES:
Current maturities of long-term debt
   and capital leases                             $1,371,000,000
Accounts payable, deferred credits
   and other accrued liabilities                   1,715,000,000
Air traffic liability                              2,076,000,000
Taxes payable                                        596,000,000
Accrued salaries and related benefits                398,000,000
                                                 ---------------
Total current liabilities                          6,156,000,000

NONCURRENT LIABILITIES:
Long-term debt and capital leases                  6,590,000,000
Deferred revenue and other credits                   340,000,000
Other                                                737,000,000
                                                 ---------------
Total noncurrent liabilities                       7,667,000,000

LIABILITIES SUBJECT TO COMPROMISE                 20,622,000,000

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                              (12,521,000,000)
Accumulated other comprehensive loss              (2,799,000,000)
Treasury stock at cost, 4,745,710 shares            (224,000,000)
                                                 ---------------
Total shareowners' deficit                       (13,981,000,000)
                                                 ---------------
Total liabilities and shareowners' deficit       $20,464,000,000
                                                 ===============

                      DELTA AIR LINES, INC.
          Unaudited Consolidated Statement of Operations
              For the Month Ended October 31, 2006

OPERATING REVENUES:
Passenger:
   Mainline                                         $952,000,000
   Regional affiliates                               338,000,000
Cargo                                                 43,000,000
Other, net                                            98,000,000
                                                 ---------------
Total operating revenues                           1,431,000,000

OPERATING EXPENSES:
Aircraft fuel                                        373,000,000
Salaries and related costs                           324,000,000
Contract carrier arrangements                        236,000,000
Depreciation and amortization                         99,000,000
Contracted services                                   96,000,000
Passenger commissions and
   other selling expenses                             72,000,000
Landing fees and other rents                          65,000,000
Aircraft maintenance materials and
   outside repairs                                    65,000,000
Passenger service                                     29,000,000
Aircraft rent                                         28,000,000
Restructuring, asset writedowns, pension
   settlements and related items, net                  1,000,000
Other                                                 52,000,000
                                                 ---------------
Total operating expenses                           1,440,000,000
                                                 ---------------
OPERATING LOSS                                        (9,000,000)
                                                 ---------------
OTHER INCOME (EXPENSE):
Interest expense (contractual interest
   expense equals $96 for the month ended
   October 31, 2006)                                 (70,000,000)
Interest income                                        9,000,000
Miscellaneous, net                                     6,000,000
                                                 ---------------
Total other expense, net                             (55,000,000)
                                                 ---------------
LOSS BEFORE REORGANIZATION ITEMS, NET                (64,000,000)

REORGANIZATION ITEMS, NET                            (24,000,000)
                                                 ---------------
LOSS BEFORE INCOME TAXES                             (88,000,000)

INCOME TAX BENEFIT                                            --
                                                 ---------------
NET LOSS                                            ($88,000,000)
                                                 ===============

                      DELTA AIR LINES, INC.
         Unaudited Consolidated Statements of Cash Flows
               For the Month ended October 31, 2006

CASH FLOWS FROM OPERATING ACTIVITIES                 $53,000,000

CASH FLOWS FROM INVESTING ACTIVITIES:
Property and equipment additions:
   Flight equipment, including
      advance payments                               (25,000,000)
   Ground property and equipment                     (31,000,000)
Increase in restricted investments, net              (26,000,000)
                                                 ---------------
Net cash provided by investing activities            (82,000,000)

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           (131,000,000)

Cash & cash equivalents at beginning of period     2,283,000,000

Cash & cash equivalents at end of period          $2,152,000,000
                                                 ===============

Delta Air Lines filed its Monthly Operating Report for October
2006 with the U.S. Bankruptcy Court for the Southern District of
New York.

Key points include:

    * Delta's October 2006 net loss was $88 million, a
      $213 million improvement over October 2005.

    * October 2006 net loss before reorganization items was
      $64 million.

    * October 2006 operating loss was $9 million, a $187 million
      improvement over October 2005.

    * As of October 31, 2006, Delta had $3.8 billion of cash,
      cash equivalents and short-term investments, of which
      $2.7 billion was unrestricted.

     Delta reported a net loss of $88 million in the month of
October 2006, compared to a net loss of $301 million in October
2005.  Delta's net loss before reorganization items was
$64 million for October 2006, a $196 million improvement versus
the prior year period.  Delta's operating loss of $9 million, a
$187 million improvement over October 2005, includes the
$43 million negative impact of fuel hedges for the month.  As of
October 31, 2006, Delta had $3.8 billion of cash, cash
equivalents and short-term investments, of which $2.7 billion was
unrestricted.

                      Restructuring Progress

In September 2005, Delta announced a comprehensive restructuring
plan intended to deliver an additional $3 billion in annual
financial benefits through revenue improvements and cost
reductions by the end of 2007.  During the month of October, Delta
demonstrated its continuing progress in restructuring its
business, as follows:

     * Delta made significant improvements in its unit revenue
       performance by restructuring its overall network and
       rebalancing the mix of domestic and international flying.
       Delta's length of haul adjusted consolidated passenger
       unit revenue (PRASM) increased 15.1% for October 2006
       versus October 2005, as compared to the industry average
       PRASM increase of 6.2% over the same period.

     * Delta reduced its operating expenses by 6.9% on a capacity
       reduction of 4.5%, resulting in a 2.5% reduction in
       consolidated unit costs in October 2006 compared to
       October 2005. Mainline non-fuel CASM was 7.12 cents for
       the month, a 4.1% improvement year over year.

"Delta is making strong progress on every front - solid revenue
increases, meaningful cost reductions, and continually improving
customer service and products," Delta executive vice president and
chief financial officer Edward H. Bastian said.  

"The momentum that has been created by these achievements
reinforces our confidence that we will emerge from bankruptcy as
a strong, independent, stand-alone competitor in today's global
industry."

                Important Financial Disclosure

"We believe that our currently outstanding common stock will
have no value and will be canceled under any plan of
reorganization we propose, and that the value of our various pre-
petition liabilities and other securities is highly speculative.  
Accordingly, we urge that caution be exercised with respect to
existing and future investments in any of these liabilities
and/or securities."

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


ENTERGY NEW ORLEANS: Earns $2.8 Million in October 2006
-------------------------------------------------------

                  Entergy New Orleans, Inc.
                       Balance Sheet
                   As of October 31, 2006
                       (in thousands)

ASSETS
Current Assets:
Cash and cash equivalents
Cash                                                        $661
Temporary cash investments                                11,408
                                                      ----------
Total cash and cash equivalents                           12,069

Accounts receivable:
Customer                                                  55,597
Allowance for doubtful accounts                          (10,781)
Associated companies                                      12,352
Other                                                      6,919
Accrued unbilled revenues                                 25,973
                                                      ----------
Total accounts receivable                                 90,060

Deferred fuel costs                                       22,473
Fuel inventory                                             3,581
Materials and supplies                                     7,160
Prepayments and other                                      6,433
                                                      ----------
Total current assets                                     141,776

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

Utility Plant
Electric                                                 749,624
Natural gas                                              190,244
Construction work in progress                             51,930
                                                      ----------
Total Utility Plant                                      991,798

Less - accumulated depreciation and amortization         438,213
                                                      ----------
Utility plant - net                                      553,585

Deferred Debits and Other Assets
Regulatory assets:
Other regulatory assets                                  173,584
Long term receivables                                      1,022
Other                                                     19,819
                                                      ----------
Total deferred debits and other assets                   194,425
                                                      ----------
TOTAL ASSETS                                            $894,152
                                                      ==========

LIABILITIES:

Postpetition liabilities:
Taxes payable                                             $3,946
Accounts payable                                          32,616
DIP credit facility                                       26,841
                                                      ----------
Total postpetition liabilities                            63,403

Current liabilities:
Currently maturing long-term debt                              -
Notes payable                                                  -
Accounts payable:
Associated companies                                      69,784
Other                                                     69,374
Customer deposits                                         13,524
Taxes accrued                                              2,495
Accumulated deferred income taxes                          3,621
Interest accrued                                           4,820
Energy efficiency program provision                            -
Other                                                      4,303
                                                      ----------
Total current liabilities                                167,921

Non-current liabilities:
Accumulated deferred income taxes & taxes accrued        122,529
Accumulated deferred investment tax credits                3,217
SFAS 109 regulatory liability - net                       60,124
Other regulatory liabilities                                   -
Accumulated provisions                                    10,746
Pension liability                                         41,670
Long-term debt                                           229,872
Other                                                      4,188
                                                      ----------
Total non-current liabilities                            472,346
                                                      ----------
Total Liabilities                                        703,670

Commitments and Contingencies:

SHAREHOLDERS' EQUITY

Preferred stock without sinking fund                      19,780
Common stock, $4 par value, authorized
10,000,000 shares; issued and
outstanding 8,435,900 shares in
2005 and 2004                                             33,744
Paid-in capital                                           36,294
Retained earnings -- prepetition                          99,593
Retained earnings -- postpetition                          1,071
                                                      ----------
Total shareholders equity                                190,482
                                                      ----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY              $894,152
                                                      ==========

                  Entergy New Orleans, Inc.
                   Statement of Operations
                Month Ended October 31, 2006
                       (in thousands)

Operating Revenues
Domestic electric                                        $38,077
Natural gas                                                6,561
                                                      ----------
Total operating revenues                                  44,638

Operating Expenses:
Operation and maintenance
  Fuel                                                    17,013
  Purchased power                                         15,280
  Other operation and maintenance                          9,474
Taxes other than income taxes                              2,982
Depreciation and amortization                              2,935
Other regulatory charges - net                               347
                                                      ----------
Total operating expenses                                  48,031
                                                      ----------
Operating income                                          (3,393)

Other income:
Allowance for equity funds used
during construction                                          164
Interest and dividend income                                 188
Miscellaneous - net                                          (36)
                                                      ----------
Total other income                                           316

Interest and other charges:
Interest on long-term debt                                 1,079
Other interest-net                                           396
Allowance for borrowed funds used
during construction                                         (130)
                                                      ----------
Total interest and other charges                           1,345

Income (loss) before income taxes                         (4,422)
Income taxes                                              (1,561)
                                                      ----------
NET INCOME                                               ($2,861)
                                                      ==========

                 Entergy New Orleans, Inc.
          Cash Receipts and Disbursement Statement
                Month Ended October 31, 2006

Beginning cash balance                               $12,933,051

Cash receipts                                        122,827,599
Cash disbursements                                  (135,099,687)
                                                     -----------
Net cash flow                                        (12,272,088)
                                                     -----------
ENDING CASH BALANCE                                     $660,963
                                                     ===========

Headquartered in Baton Rouge, Louisiana, Entergy New Orleans Inc.
-- http://www.entergy-neworleans.com/-- is a wholly owned   
subsidiary of Entergy Corporation.  Entergy New Orleans provides
electric and natural gas service to approximately 190,000 electric
and 147,000 gas customers within the city of New Orleans.  Entergy
New Orleans is the smallest of Entergy Corporation's five utility
companies and represents about 7% of the consolidated revenues and
3% of its consolidated earnings in 2004.  Neither Entergy
Corporation nor any of Entergy's other utility and non-utility
subsidiaries were included in Entergy New Orleans' bankruptcy
filing.  Entergy New Orleans filed for chapter 11 protection on
Sept. 23, 2005 (Bankr. E.D. La. Case No. 05-17697).  Elizabeth J.
Futrell, Esq., and R. Partick Vance, Esq., at Jones, Walker,
Waechter, Poitevent, Carrere & Denegre, L.L.P., represent the
Debtor in its restructuring efforts.  Carey L. Menasco, Esq.,
Philip Kirkpatrick Jones, Jr., Esq., and Joseph P. Hebert, Esq.,
at Liskow & Lewis, APLC, represent the Official Committee of
Unsecured Creditors.  When the Debtor filed for protection from
its creditors, it listed total assets of $703,197,000 and total
debts of $610,421,000.  (Entergy New Orleans Bankruptcy News,
Issue No. 29; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


INTERSTATE BAKERIES: Posts $10M Net Loss for Month Ended Oct. 21
----------------------------------------------------------------

          Interstate Bakeries Corporation and Subsidiaries
           Unaudited Consolidated Monthly Operating Report
                Four Weeks Ended October 21, 2006

REVENUE

Gross Income                                        $222,600,638
Less Cost of Goods Sold
   Ingredients, Packaging & Outside Purchasing        58,209,839
   Direct & Indirect Labor                            41,126,570
   Overhead & Production Administration               12,274,031
                                                ----------------
      Total Cost of Goods Sold                       111,610,440
                                                ----------------
         Gross Profit                                110,990,198
                                                ----------------
OPERATING EXPENSES

Owner-Draws/Salaries                                           0
Selling & Delivery Employee Salaries                  53,882,253
Advertising and Marketing                              2,581,444
Insurance (Property, Casualty, & Medical)             11,818,044
Payroll Taxes                                          4,427,109
Lease and Rent                                         3,027,132
Telephone and Utilities                                1,142,435
Corporate Expense (Including Salaries)                 6,067,400
Other Expenses                                        29,119,771
                                                ----------------
   Total Operating Expenses                          112,065,588
                                                ----------------
EBITDA                                                (1,075,390)

Restructuring & Reorganization Charges                   (32,559)
Depreciation and Amortization                          5,402,495
Abandonment                                               79,181
Other(Income)/Expense                                     40,286
Gain/Loss Sale of Property                                     0
Interest Expense                                       3,827,643
                                                ----------------
   Operating Income (Loss)                           (10,392,436)
Income Tax Expense (Benefit)                            (291,417)
                                                ----------------
NET INCOME (Loss)                                   ($10,101,019)
                                                ================
CURRENT ASSETS
   Accounts Receivable at end of period              147,586,760
   Increase (Dec.) in Accounts Receivable              1,227,495
   Inventory at end of period                         68,519,271
   Increase (Decrease) in Inventory for period           413,797
   Cash at end of period                              92,087,785
   Increase (Decrease) in Cash for period            (10,371,104)
   Restricted Cash                                     5,072,318
   Increase (Dec.) in Restricted Cash for period       5,057,406

LIABILITIES
   Increase (Decrease) in Liabilities
      Not Subject to Compromise                        2,725,643
   Increase (Decrease) in Liabilities
      Subject to Compromise                              (87,271)
   Taxes payable:
      Federal Payroll Taxes                            8,865,858
      State/Local Payroll Taxes                        4,168,958
      State Sales Taxes                                  298,057
      Real Estate and Personal Property Taxes         11,160,540
      Other                                            4,052,525
                                                ----------------
      Total Taxes Payable                            $28,545,938
                                                ================

Headquartered in Kansas City, Missouri, Interstate Bakeries
Corporation is a wholesale baker and distributor of fresh baked
bread and sweet goods, under various national brand names,
including Wonder(R), Hostess(R), Dolly Madison(R), Baker's Inn(R),
Merita(R) and Drake's(R). The Company employs approximately
32,000 in 54 bakeries, more than 1,000 distribution centers and
1,200 thrift stores throughout the U.S. The Company and seven of
its debtor-affiliates filed for chapter 11 protection on
September 22, 2004 (Bankr. W.D. Mo. Case No. 04-45814). J. Eric
Ivester, Esq., and Samuel S. Ory, Esq., at Skadden, Arps, Slate,
Meagher & Flom LLP, represent the Debtors in their restructuring
efforts. When the Debtors filed for protection from their
creditors, they listed $1,626,425,000 in total assets and
$1,321,713,000 (excluding the $100,000,000 issue of 6.0% senior
subordinated convertible notes due Aug. 15, 2014, on Aug. 12,
2004) in total debts. (Interstate Bakeries Bankruptcy News, Issue
No. 53; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


MERIDIAN AUTO: Posts $17 Million Net Loss in October 2006
---------------------------------------------------------

             Meridian Automotive Systems - Composites
                 Operations, Inc. and Subsidiaries
               Unaudited Consolidated Balance Sheet
                      As of October 31, 2006
                          (In Thousands)

CURRENT ASSETS:
    Cash                                                       -
    Accounts receivable, net                             $77,998
    Intercompany receivable                               15,308
    Inventories                                           61,875
    Tooling costs in excess of billings and others        27,702
                                                      ----------
       TOTAL CURRENT ASSETS                              182,883
                                                      ----------
    Property, plant and equipment, net                   201,358
    Intangible assets                                     15,179
    Investment in subsidiaries                            23,863
    Other assets                                           8,404
                                                      ----------
       TOTAL ASSETS                                     $431,687
                                                      ==========

CURRENT LIABILITIES NOT SUBJECT TO COMPROMISE:
    Current portion of long term debt                    $61,722
    Accounts payable                                      44,463
    Accrued expenses                                      41,874
    Tooling billings in excess of costs                    6,229
                                                      ----------
       TOTAL CURRENT LIABILITIES                         154,288
                                                      ----------

    Liabilities subject to compromise                    810,672

    Non-Current Liabilities Not Subject to Compromise:
       Other long-term liabilities                         8,764
       Accumulated post-retirement benefit obligation     23,383
                                                      ----------
       TOTAL LIABILITIES                                 997,107
       SHAREHOLDERS' EQUITY                             (565,420)
                                                      ----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY              $431,687
                                                      ==========

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
                 Unaudited Statement of Operations
                        October 1 to 31, 2006
                           (In Thousands)

Net sales                                                $59,126
Cost of sales                                             60,697
                                                      ----------
Gross profit                                              (1,571)

Selling, general and administrative expenses               2,543
Restructuring charges                                      2,241
                                                      ----------
Operating income (loss)                                   (6,355)

Interest expense, net                                      9,062
Other (expense) income                                        15
Chapter 11 and related reorganization items                1,565
                                                      ----------
Loss before provision for income taxes                   (16,967)
(Benefit) Provision for income taxes                          56
                                                      ----------
NET LOSS                                                ($17,023)
                                                      ==========

              Meridian Automotive Systems - Composite
                 Operations, Inc. and Subsidiaries
                 Unaudited Statement of Cash Flows
                        October 1 to 31, 2006
                           (In Thousands)

OPERATING ACTIVITIES:
    Net loss                                            ($17,023)
    Adjustments required to reconcile net loss to net
     cash provided by (used in) operating activities:
       Depreciation, amortization, and impairment          4,374
       Change in working capital and other operating
        items                                              8,939
                                                      ----------
     Net cash provided by (used for) operating
      activities before reorganization items              (3,710)
                                                      ----------
     Operating cash flows from reorganization items:
        Chapter 11 and related reorganization items        1,565
        Payments on Chapter 11 and related reorg items      (515)
                                                      ----------
     Net cash provided by Chapter 11 and related
      reorg items                                          1,050

     Net cash provided by (used for) operating
      activities                                          (2,660)

INVESTING ACTIVITIES:
    Additions to property and equipment                   (1,230)
    Proceeds from sale or property and equipment              40
                                                      ----------
    Net cash used for investing activities                (1,190)
                                                      ----------

FINANCING ACTIVITIES:
    Proceeds from prepetition borrowings                       -
    Repayments of prepetition borrowings                       -
    Proceeds from DIP credit facility                     35,000
    Repayments of DIP credit facility                    (31,000)
    Repayments on prepetition long-term debt                   -
    Deferred financing costs capitalized                    (150)
                                                      ----------
Net cash (used for) provided by financing activities       3,850
                                                      ----------
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. 45;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


NORTHWEST AIRLINES: Earns $37 Million in October 2006
-----------------------------------------------------

                 Northwest Airlines Corporation
        Unaudited Condensed Consolidated Balance Sheet
                      As of October 31, 2006

ASSETS

Current assets:
   Cash and cash equivalents                      $1,614,000,000
   Unrestricted short-term investments               590,000,000
   Restricted cash, cash equivalents &
      short-term investments                         663,000,000
   Accounts receivable, net                          693,000,000
   Flight equipment spare parts, net                 112,000,000
   Prepaid expenses & other                          342,000,000
                                                 ---------------
Total current assets                               4,014,000,000

Property and equipment:
   Flight equipment, net                           7,400,000,000
   Other property & equipment, net                   580,000,000
                                                 ---------------
Total property & equipment                         7,980,000,000

Flight Equipment under capital leases, net            22,000,000

Other assets:
   International routes                              634,000,000
   Investments in affiliated companies                38,000,000
   Other                                             904,000,000
                                                 ---------------
Total other assets                                 1,576,000,000
                                                 ---------------
Total assets                                     $13,592,000,000
                                                 ===============

LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current liabilities:
   Air traffic liability                          $1,757,000,000
   Accounts payable & other liabilities            1,466,000,000
   Current maturities of long-term debt
      & capital lease obligations                    144,000,000
                                                 ---------------
Total current liabilities                          3,367,000,000

Long-term debt                                     3,030,000,000

Deferred Credits & other liabilities:
   Long-term pension & postretirement
      health care benefits                           140,000,000
   Other                                              88,000,000
                                                 ---------------
Total deferred credits & other liabilities           228,000,000

Liabilities Subject to Compromise                 14,647,000,000

Preferred redeemable stock subject to Compromise     278,000,000

Common Stockholders' Equity (Deficit)
   Common stock                                        1,000,000
   Additional paid-in capital                      1,503,000,000
   Accumulated deficit                            (7,079,000,000)
   Accumulated other comprehensive income (loss)  (1,370,000,000)
   Treasury stock                                 (1,013,000,000)
                                                 ---------------
Total common stockholders' equity (deficit)       (7,958,000,000)
                                                 ---------------
Total Liabilities &
   Stockholders' Equity (deficit)                $13,592,000,000
                                                 ===============

                 Northwest Airlines Corporation
   Unaudited Condensed Consolidated Statement of Operations
                  For Month Ended October 31, 2006

Operating Revenues
   Passenger                                        $761,000,000
   Regional carrier revenues                         115,000,000
   Cargo                                              85,000,000
   Other                                              71,000,000
                                                 ---------------
   Total Operating Revenues                        1,032,000,000

Operating Expenses
   Aircraft fuel and taxes                           287,000,000
   Salaries, wages, and benefits                     201,000,000
   Aircraft maintenance materials and repair          90,000,000
   Selling and marketing                              57,000,000
   Other rentals and landing fees                     48,000,000
   Depreciation and amortization                      41,000,000
   Aircraft rentals                                   17,000,000
   Regional carrier expenses                         111,000,000
   Other                                             128,000,000
                                                 ---------------
   Total Operating Expenses                          980,000,000

Operating Income (Loss)                               52,000,000

Other Income (Expense)
   Interest expense, net                             (45,000,000)
   Investment income                                  12,000,000
   Reorganization items, net                          19,000,000
   Other, net                                         (1,000,000)
                                                 ---------------
   Total other income (expense)                      (15,000,000)
                                                 ---------------
Income (Loss) Before Income Taxes                     37,000,000

   Income tax expense (benefit)                                -
                                                 ---------------
Net Income (Loss)                                    $37,000,000
                                                 ===============

                 Northwest Airlines Corporation
   Unaudited Condensed Consolidated Statements of Cash Flows
                 For Month Ended October 31, 2006

Cash Flows from Operating Activities:
   Net income (loss)                                 $37,000,000
   Adjustments to reconcile net loss to net
      cash provided by (used in)
      operating activities:
      Depreciation and amortization                   41,000,000
      Pension and other postretirement benefit
         contributions less than expense              13,000,000
      Changes in certain assets & liabilities        115,000,000
      Long-term vendor deposits/holdbacks            (39,000,000)
      Reorganization items, net                      (19,000,000)
      Other, net                                      11,000,000
                                                 ---------------
Net cash provided by operating activities            159,000,000

Cash Flows from Reorganization Activities:
   Net cash provided by (used in)
      reorganization activities                       12,000,000

Cash Flows from Investing Activities:
   Capital expenditures                              (49,000,000)
   Purchase of short-term investments                 (3,000,000)
   Decrease (increase) in restricted
      cash, cash equivalents &
      short-term investments                          39,000,000
   Other, net                                          1,000,000
                                                 ---------------
Net cash provided by (used in) investing
   activities                                        (12,000,000)

Cash Flows from Financing Activities:
   Payments of long-term debt and capital
      lease obligations                              (33,000,000)
                                                 ---------------
Net cash provided by (used in)
   financing activities                              (33,000,000)
                                                 ---------------
Increase (Decrease) in Cash and
   Cash Equivalents                                  126,000,000

Cash & cash equivalents at beginning of period     1,488,000,000
                                                 ---------------
Cash & cash equivalents at end of period          $1,614,000,000
                                                 ===============

Northwest Airlines Corp. (OTC: NWACQ) -- http://www.nwa.com/
-- is the world's fourth largest airline with hubs at Detroit,
Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam, and
approximately 1,400 daily departures.  Northwest is a member of
SkyTeam, an airline alliance that offers customers one of the
world's most extensive global networks.  Northwest and its travel
partners serve more than 900 cities in excess of 160 countries on
six continents.  The Company and 12 affiliates filed for chapter
11 protection on Sept. 14, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-17930).  Bruce R. Zirinsky, Esq., and Gregory M. Petrick, Esq.,
at Cadwalader, Wickersham & Taft LLP in New York, and Mark C.
Ellenberg, Esq., at Cadwalader, Wickersham & Taft LLP in
Washington represent the Debtors in their restructuring efforts.
The Official Committee of Unsecured Creditors has retained Akin
Gump Strauss Hauer & Feld LLP as its bankruptcy counsel in the
Debtors' chapter 11 cases.  When the Debtors filed for protection
from their creditors, they listed $14.4 billion in total assets
and $17.9 billion in total debts.  The Debtors' exclusive period
to file a chapter 11 plan expires on Jan. 16, 2007.

(Northwest Airlines Bankruptcy News, Issue No. 48; Bankruptcy
Creditors' Service, Inc., http://bankrupt.com/newsstand/or  
215/945-7000)


O'SULLIVAN INDUSTIRES: Files October Cash Receipts & Disbursements
------------------------------------------------------------------

                    O'Sullivan Industries, Inc.
                 Cash Receipts and Disbursements
                  Month Ended October 31, 2006

Funds at the beginning of period                         $30,166
Receipts                                              52,508,322
                                                     -----------
Total Cash Available for Operations                   52,538,488
                                                     ===========

Disbursements:
   Operating expenses - fees & taxes:
      U.S. Trustee quarterly fee                          10,750
      Federal Taxes                                          556
      State Taxes                                             48
      Other Taxes                                              0
   Other operating expenses                           52,920,533
   Plan payments:
      Administrative Claims                                    0
      DIP Facility Claims                                      0
      Class  1 Priority Claims                                 0
      Class 2A Senior Credit Facility Claims                   0
      Class 2B Other Secured Claims                            0
      Class 2C Senior Secured Notes Claims                     0
      Class 3A General Unsecured Claims                  578,572
      Class 3B Senior Subordinated Noted Claims                0
      Class  4 Other Claims against Holdings                   0
                                                     -----------
      Total Disbursements                             53,510,459
                                                     -----------
Ending Cash Balance                                    ($971,971)
                                                     ===========

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and   
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No.
05-83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.

Michael H. Goldstein, Esq., Eric D. Winston, Esq., and Christine
M. Pajak, Esq., at Stutman, Treister & Glatt, P.C., represent the
Official Committee of Unsecured Creditors.  On Sept. 30, 2005, the
Debtor listed $161,335,000 in assets and $254,178,000 in debts.   
(O'Sullivan Bankruptcy News, Issue No. 24; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000).


O'SULLIVAN IND: Virginia October 2006 Files Operating Report
------------------------------------------------------------

               O'Sullivan Industries - Virginia, Inc.
                 Cash Receipts and Disbursements
                  Month Ended October 31, 2006

Funds at the beginning of period                         $14,158
Receipts                                                       0
                                                     -----------
Total Cash Available for Operations                       14,158
                                                     ===========

Disbursements:
   Operating expenses - fees & taxes
      U.S. Trustee quarterly fee                               0
      Federal Taxes                                            0
      State Taxes                                              0
      Other Taxes                                              0
   Other operating expenses                                  158
   Plan payments:
      Administrative Claims                                    0
      DIP Facility Claims                                      0
      Class  1 Priority Claims                                 0
      Class 2A Senior Credit Facility Claims                   0
      Class 2B Other Secured Claims                            0
      Class 2C Senior Secured Notes Claims                     0
      Class 3A General Unsecured Claims                        0
      Class 3B Senior Subordinated Noted Claims                0
      Class  4 Other Claims against Holdings                   0
                                                     -----------
      Total Disbursements                                    158
                                                     -----------
Ending Cash Balance                                      $14,000
                                                     ===========

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and   
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No.
05-83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.

Michael H. Goldstein, Esq., Eric D. Winston, Esq., and Christine
M. Pajak, Esq., at Stutman, Treister & Glatt, P.C., represent the
Official Committee of Unsecured Creditors.  On Sept. 30, 2005, the
Debtor listed $161,335,000 in assets and $254,178,000 in debts.   
(O'Sullivan Bankruptcy News, Issue No. 24; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000).


O'SULLIVAN FURNITURE: Files October 2006 Monthly Operating Report
-----------------------------------------------------------------
O'Sullivan Furniture Factory Outlet, Inc., reports $0 cash
receipts and disbursements for the period October 1 to 31, 2006.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and    
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.

Michael H. Goldstein, Esq., Eric D. Winston, Esq., and Christine
M. Pajak, Esq., at Stutman, Treister & Glatt, P.C., represent the
Official Committee of Unsecured Creditors.  On Sept. 30, 2005, the
Debtor listed $161,335,000 in assets and $254,178,000 in debts.  
(O'Sullivan Bankruptcy News, Issue No. 24; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


O'SULLIVAN HOLDINGS: Files October 2006 Monthly Operating Report
----------------------------------------------------------------
O'Sullivan Industries Holdings, Inc., reports $0 cash receipts
and disbursements for the period October 1 to 31, 2006.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and    
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.

Michael H. Goldstein, Esq., Eric D. Winston, Esq., and Christine
M. Pajak, Esq., at Stutman, Treister & Glatt, P.C., represent the
Official Committee of Unsecured Creditors.  On Sept. 30, 2005, the
Debtor listed $161,335,000 in assets and $254,178,000 in debts.  
(O'Sullivan Bankruptcy News, Issue No. 24; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000)


THAXTON GROUP: Posts $85.3 Mil. Cumulative Net Loss in Oct. 2006
----------------------------------------------------------------
The Thaxton Group filed its monthly operating report for the month
of October 2006 with the U.S. Bankruptcy Court for the District of
Delaware on Dec. 1, 2006.

The company reported a cumulative net loss of $84,338,013 on
$166,518,805 of revenue for the period from Oct. 17, 2003, thru
Oct. 31, 2006.

At Oct. 31, 2006, the Company's balance sheet reflects:

          Total Assets                    $100,902,605
          Total Liabilities               $186,278,266
          Stockholders' Equity Deficit    ($85,375,661)

A full-text copy of Thaxton Group's October 2006
Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?16a5

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


TOWER AUTOMOTIVE: Posts $17.7 Million Net Loss in October 2006
--------------------------------------------------------------

             Tower Automotive Inc. and Subsidiaries
              Unaudited Consolidated Balance Sheet
                      As of October 31, 2006
                          (In Thousands)

Cash and cash equivalents                                   $470
Accounts receivable                                      143,223
Inventories                                               53,632
Prepaid tooling and other                                 22,320
                                                    ------------
TOTAL CURRENT ASSETS                                     219,645
                                                    ------------
Property, plant and equipment, net                       507,436
Investment in and advances to affiliates                 761,905
Other assets, net                                         51,590
                                                    ------------
TOTAL ASSETS                                          $1,540,576
                                                    ============

CURRENT LIABILITIES NOT SUBJECT TO
    COMPROMISE:
Current maturities of L-T debt and capital lease         $14,251
    obligations
Current maturities of DIP borrowings                     607,000
Accounts payable                                         123,025
Accrued liabilities                                      102,863
                                                    ------------
    TOTAL CURRENT LIABILITIES                            847,139
                                                    ------------
Liabilities subject to comprise:                       1,399,944

Non-Current Liabilities Not Subject to
    Compromise:
Long-term debt, net of current maturities                 84,751
Other non-current liabilities                             18,740
                                                    ------------
TOTAL LIABILITIES                                      2,350,574
                                                    ------------
STOCKHOLDERS' DEFICIT:                                  (809,998)
                                                    ------------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT:          $1,540,576
                                                    ============

             Tower Automotive, Inc., and Subsidiaries
                Unaudited Statement of Operations
                      October 1 to 31, 2006
                          (In Thousands)

Revenues                                                $115,525
Cost of sales                                            115,723
                                                    ------------
Gross profit                                                (198)

Selling, general and administrative expenses               6,607
Restructuring & asset impairment charges, net               (249)
Other operating income                                      (738)
                                                    ------------
Operating income (loss)                                   (5,818)

Interest expense                                           8,223
Interest income                                             (125)
Intercompany interest (income)/expense                    (2,277)
Chapter 11 and related reorganization items                5,832
                                                    ------------
Income (loss) before provision for income taxes,         (17,471)
    equity in earnings of joint ventures, and
    minority interest

Provision (benefit) for income taxes                         216
Income (loss) before equity in earnings of               (17,687)
    joint ventures
Equity in earnings of joint ventures, net of tax             (47)
                                                    ------------
NET INCOME/(LOSS)                                       ($17,734)
                                                    ============

             Tower Automotive, Inc., and Subsidiaries
                Unaudited Statement of Cash Flows
                      October 1 to 31, 2006
                         (In Thousands)

OPERATING ACTIVITIES:
Net loss                                                ($17,734)

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

Chapter 11 & related reorganization items, net             4,098
Restructuring and asset impairment, net                      280
Depreciation                                               7,600
Equity in earnings of joint ventures, net                     47
Change in working capital & other operating items         24,910
                                                    ------------
Net cash provided by (used in) operating                  19,201
    activities:

INVESTING ACTIVITIES:
Cash disbursed for purchase of property,                 (10,222)
plant and equipment
                                                    ------------
Net cash used for investing activities                   (10,222)

FINANCING ACTIVITIES:
Proceeds from non-DIP borrowings                               -
Repayments of non-DIP borrowings                               -
Borrowings from DIP credit facility                       19,000
Repayments of borrowings from DIP facility               (62,000)
                                                    ------------
Net cash provided by (used in) financing                 (43,000)
    activities
                                                    ------------
Net change in cash and cash equivalents                  (34,021)
                                                    ------------
Cash and Cash Equivalents, beginning of period            34,491
                                                    ------------
Cash and Cash Equivalents, end of period                    $470
                                                    ============

Headquartered in Grand Rapids, Michigan, Tower Automotive, Inc.
-- http://www.towerautomotive.com/-- is a global designer and  
producer of vehicle structural components and assemblies used by
every major automotive original equipment manufacturer, including
BMW, DaimlerChrysler, Fiat, Ford, GM, Honda, Hyundai/Kia, Nissan,
Toyota, Volkswagen and Volvo.  Products include body structures
and assemblies, lower vehicle frames and structures, chassis
modules and systems, and suspension components.  The Company and
25 of its debtor-affiliates filed voluntary chapter 11 petitions
on Feb. 2, 2005 (Bankr. S.D.N.Y. Case No. 05-10576 through
05-10601).  James H.M. Sprayregen, Esq., Ryan B. Bennett, Esq.,
Anup Sathy, Esq., Jason D. Horwitz, Esq., and Ross M. Kwasteniet,
Esq., at Kirkland & Ellis, LLP, represent the Debtors in their
restructuring efforts.  Ira S. Dizengoff, Esq., at Akin Gump
Strauss Hauer & Feld LLP, represents the Official Committee of
Unsecured Creditors.  When the Debtors filed for protection from
their creditors, they listed $787,948,000 in total assets and
$1,306,949,000 in total debts.  (Tower Automotive Bankruptcy News,
Issue No. 50; 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
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

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
Acrobat PDF format.

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

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

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

                             *********

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

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  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.

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

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

                    *** End of Transmission ***