/raid1/www/Hosts/bankrupt/TCR_Public/061216.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 16, 2006, Vol. 10, No. 299

                             Headlines

ACCEPTANCE INSURANCE: Posts $50,526 Net Loss in November 2006
CATHOLIC CHURCH: Davenport Files October 2006 Operating Report
CATHOLIC CHURCH: Portland Files October 2006 Operating Report
CATHOLIC CHURCH: Spokane Files October 2006 Operating Report
DANA CORP: Posts $20 Million Net Loss in October 2006

FEDERAL MOGUL: Posts $505.9 Million Net Loss in October 2006
LARGE SCALE BIOLOGY: Posts $687,075 Net Loss in October 2006
PERFORMANCE TRANSPORTATION: Files October 2006 Operating Report
SAINT VINCENTS: Files October 2006 Monthly Operating Report
SOLUTIA INC: Files Amended September 2006 Monthly Operating Report

SOLUTIA INC: Posts $9 Million Net Loss in October 2006
SONICBLUE INC: Files October 2006 Monthly Operating Report

                             *********

ACCEPTANCE INSURANCE: Posts $50,526 Net Loss in November 2006
-------------------------------------------------------------
Acceptance Insurance Companies Inc. filed its November 2006
monthly operating report with the United States Bankruptcy Court
for the District of Nebraska on Dec. 12, 2006.

The Debtor reported a $50,526 net loss on $8,211 of revenue for
the month ended Nov. 30, 2006.  Net income for the month ended
Oct. 31, 2006, was $2,794,678.

At Nov. 30, 2006, Acceptance Insurance Companies Inc.'s balance
sheet showed:

        Total Current Assets                   $1,980,790
        Total Assets                          $35,171,855
        Total Liabilities                    $138,260,079
        Total Shareholders' Deficit         ($103,088,224)

A full-text copy of Acceptance Insurance Companies Inc.'s November
2006 Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?170e

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies Inc. -- http://www.aicins.com/-- owns, either directly   
or indirectly, several companies, one of which is an insurance
company that accounts for substantially all of the business
operations and assets of the corporate groups.  The Company filed
for chapter 11 protection on Jan. 7, 2005 (Bankr. D. Nebr. Case
No. 05-80059).  The Debtor's affiliates -- Acceptance Insurance
Services, Inc., and American Agrisurance Inc. -- filed separate
chapter 7 petitions (Bankr. D. Nebr. Case Nos. 05-80056 and

05-80058) on Jan. 7, 2005.  John J. Jolley, Esq., at Kutak Rock
LLP, represents the Debtor in its restructuring efforts.  When the
Debtor filed for protection from its creditors, it listed
$33,069,446 in total assets and $137,120,541 in total debts.


CATHOLIC CHURCH: Davenport Files October 2006 Operating Report
--------------------------------------------------------------

                  Diocese of Davenport in Iowa
                Statement of Financial Position
                     As of October 31, 2006

ASSETS

Cash and cash equivalents - unrestricted              $4,457,668
Cash and cash equivalents - restricted                 2,152,559
Accounts receivable, net                                  76,355
Inventory                                                      -
Prepaid expenses                                           1,802
Professional retainers                                    55,652
Real Property                                          4,549,430
Machinery and equipment                                    6,000
Furniture and fixtures                                    10,800
Office equipment                                          59,500
Leasehold improvements                                         -
Vehicles                                                  45,460
                                                  --------------
Total Assets                                         $11,415,226
                                                  ==============

LIABILITIES AND NET ASSETS

Liabilities:
    Prepetition
       Secured claims                                          -
       Priority unsecured claims                         142,536
       General unsecured claims                        1,660,915
                                                  --------------
    Total Prepetition Liabilities                      1,803,451
                                                  --------------
    Postpetition
       Salaries and wages                                      -
       Payroll taxes                                           -
       Real and personal property taxes                        -
       Income taxes                                            -
       Sales taxes                                             -
       Notes payable, short term                               -
       Accounts payable, trade                            42,798
       Real property lease arrearage                           -
       Personal property lease arrearage                       -
       Accrued professional fees                               -
       Current portion of long-term debt                       -
       Pass-through collections                            9,960
                                                  --------------
    Total Postpetition Liabilities                        52,758
                                                  --------------
      Total Liabilities                                1,856,209
                                                  --------------
Equity (deficit):
    Equity (deficit) at time of filing:                5,795,187
    Capital stock
    Additional paid-in capital                                 -
    Cumulative profit/(loss) since filing                140,415
    Post-petition contributions/(distributions)
       or draws                                                -
    Market value adjustment                            3,623,415
                                                  --------------
    Total equity (deficit)                             9,559,017
                                                  --------------
Total liabilities & equity (deficit)                 $11,415,226
                                                  ==============

                  Diocese of Davenport in Iowa
                     Statement of Operations
              For the month ending October 31, 2006

Revenues
    Gross sales                                           $2,439
    Less: sales returns & allowances                           -
    Net sales                                                  -
    Less: cost of goods sold                                   -
    Gross profit                                               -
    Interest                                                   -
    Other income:
       Charitable gifts                                  167,062
       Insurance receipts                                126,366
       Investment income                                  23,627
                                                  --------------
    Total revenues                                      $319,494
                                                  ==============
Expenses:
    Compensation to owner(s)/officer(s)                   12,090
    Salaries                                              79,700
    Commissions                                                -
    Contract labor                                         1,676
    Rent/Lease:
       Personal property                                       -
       Real property                                           -
    Insurance                                             38,113
    Management fees                                            -
    Depreciation                                           5,945
    Taxes:
       Employer payroll taxes                              6,423
       Real property taxes                                     -
       Other taxes                                             -
    Other selling                                              -
    Other administrative                                  16,097
    Interest                                                   -
    Other expenses:
       Employee benefits                                  19,035
       Charity collection                                      -
       Medical assistance/Victim assistance                    -
       Utilities                                               -
                                                  --------------
          Total expenses                                 179,079
                                                  --------------
    Reorganization items:
       Professional fees                                       -
       Provisions for rejected
          executory contracts                                  -
       Interest earned on accumulated cash
          from resulting Chapter 11 case                       -
       Gain or (Loss) from sale of equipment                   -
       U.S. Trustee quarterly fees                             -
                                                  --------------
          Total reorganization items                           -
                                                  --------------
Net profit (loss) before federal &
    state taxes                                          140,415
Federal & state income taxes                                   -
                                                  --------------
Net profit (loss)                                       $140,415
                                                  ==============

                  Diocese of Davenport in Iowa
          Statement of Cash Receipts and Disbursements
              For the month ending October 31, 2006

Cash receipts
    Rent/Leases collected                                 $1,350
    Cash received from sales                               2,439
    Interest received                                          -
    Borrowings increase in accounts payable                1,139
    Funds from shareholders, partners,
       or other insiders                                       -
    Capital contributions                                      -
    Annual diocesan appeal/donations                     167,062
    Investment income/misc.                                  684
    Insurance receipts                                   126,366
    Tribunal/Immigration/Faith Formation fees             15,653
    Decrease in prepaids/accounts receivable              16,896
                                                  --------------
    Total Cash Receipts                                 $331,589
                                                  ==============

Cash disbursements:
    Payments for inventory                                     -
    Selling                                                    -
    Administrative                                        74,104
    Capital expenditures                                       -
    Principal payments on debt                                 -
    Interest paid                                              -
    Rent/Lease:
       Personal Property                                       -
       Real Property                                           -
    Amount paid to owner(s)/officer(s)
       Salaries                                           12,090
       Draws                                                   -
       Commissions/Royalties                                   -
       Expense Reimbursements                                817
       Other                                                   -
    Salaries/Commissions (less employee
       withholding                                        58,079
    Management fees                                            -
    Taxes:
       Employee withholding                               21,621
       Employer payroll taxes                              6,423
       Real property taxes                                     -
       Other taxes                                             -
    Other cash outflows:
       Misc                                                   24
                                                  --------------
    Total Cash Disbursements                            $173,158
                                                  --------------
Net increase (decrease) in cash                          158,431
                                                  --------------
Cash balance, beginning of period                        693,296

Cash balance, end of period                             $851,727
                                                  ==============

The Diocese of Davenport in Iowa filed for chapter 11 protection
(Bankr. S.D. Ia. Case No. 06-02229) on October 10, 2006.  Richard
A. Davidson, Esq., at Lane & Waterman LLP, represents the
Davenport Diocese in its restructuring efforts.  In its Schedules
of Assets and Liabilities filed with the Court, the Davenport
Diocese reports $4,492,809 in assets and $1,650,439 in
liabilities.  (Catholic Church Bankruptcy News, Issue No. 74;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


CATHOLIC CHURCH: Portland Files October 2006 Operating Report
-------------------------------------------------------------

                          Pastoral Center
                 Archdiocese of Portland in Oregon
                  Statement of Financial Position
                       As of October 31, 2006

ASSETS

Cash and cash equivalents                            $18,472,938
Accounts receivable, net                               4,412,922
Notes, estates and other receivables                  11,746,760
Loans receivable from Archdiocesan entities, net       6,490,760
Loans receivable from Archdiocesan housing entities      542,967
Interest receivable and other assets                     208,539
Inventories                                            1,666,042
Real Property                                            226,689
Deposits and prepaid expenses                             27,736
Investments                                          101,367,926
Advances to Archdiocesan housing entities              1,531,500
Land, building, and equipment, net                     7,336,589
                                                  --------------
Total Assets                                        $154,031,368
                                                  ==============

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              12,662,527
          Long-term pool investments payable          18,171,705
       Reserve for insurance claims                    2,343,946
       Notes payable                                  10,668,901
       Pre-need liability and reserve                    456,268
       Accrued post-retirement liability               7,607,264
                                                  --------------
    Total Prepetition Liabilities                     54,905,097
                                                  --------------
    Postpetition
       Accounts payable                                  742,197
       Accrued liabilities                             5,761,493
       Funds held for others
          Second Collections                             169,683
          Short-term investments payable               3,746,719
          Long-term pool investments                   6,256,689
       Reserve for insurance claims                      460,648
       Notes payable                                           -
       Pre-need liability and reserve                     25,767
       Accrued post-retirement liability                 404,521
                                                  --------------
    Total Postpetition Liabilities                    17,567,717
                                                  --------------
      Total Liabilities                               72,472,814
                                                  --------------
Net Assets:
    Prepetition Net Assets:
       Charitable Trust Assets                        69,962,164
       Other Assets                                   (3,572,403)
                                                  --------------
    Total Prepetition Net Assets                      66,389,761
                                                  --------------
    Postpetition Net Assets:
       Charitable Trust Assets                         9,246,920
       Other Assets                                    5,921,873
                                                  --------------
    Total Postpetition Net Assets                     15,168,793
                                                  --------------
       Total Net Assets                               81,558,554
                                                  --------------
Total liabilities & net assets                      $154,031,368
                                                  ==============

                          Pastoral Center
                 Archdiocese of Portland in Oregon
                      Statement of Activities
                 For the month ending October 31, 2006

Revenues, gains and other support
    Annual Catholic Appeal income                         $1,074
    Gross profit on cemetery sales                        85,588
    Contributions, gifts, annuities and bequests          39,744
    Operating support - Oregon Catholic Press            144,893
    Investment income and realized gains (losses),
       net of expenses                                   569,910
    Change in unrealized gains (losses)                1,975,955
    Insurance premiums, net                                7,318
    Interest income from loans                            37,334
    Parish assessments                                   260,689
    Other income                                         262,800
    Departmental revenues                                 77,094
    Net assets released from restrictions                      -
                                                  --------------
    Total revenues, gains, and other support           3,462,399
                                                  --------------
Expenses and program support:
    Program Services:
       Annual Catholic Appeal program support,
          grants and parish subsidies                    340,605
       Clergy Services                                   180,026
       Catholic Schools                                   30,725
       Pastoral Services                                  33,923
       Evangelization Services                            42,664
       Public Services                                     9,838
       Tribunal Services                                  18,191
       Deposit and loan interest                         230,796
       Insurance program                                 531,467
       Cemetery operating expenses                       333,951
       High School grants/charitable annuities            11,207
       Other program expenses                            107,683
                                                  --------------
          Total program services                       1,871,076
                                                  --------------
    Supporting Services:
       Archbishop, Vicar General
          and Chancellor Services                         61,054
       Finance & Administration:
          Resource Development                            67,131
          Business Affairs                                 9,711
          Financial Services                              58,977
       Human Resources                                    34,355
       Shared Services                                    22,862
       Occupancy and physical plant expenses              11,653
       Designated funds expense                           33,922
       Bankruptcy expense                                173,714
       Depreciation expense                                  140
                                                  --------------
          Total supporting services                      473,519
                                                  --------------
          Total expenses and program support           2,344,595
                                                  --------------
Increase (decrease) in net assets before
    transfers and designations of net assets           1,117,804

Fund transfers - in (out)                                      -
Designation of net assets                                      -
                                                  --------------
Increase (decrease) in net assets                      1,117,804

Net assets at beginning of year                       80,440,750
                                                  --------------
Net assets at end of year                            $81,558,554
                                                 ===============

                 Archdiocese of Portland in Oregon
            Statement of Cash Receipts and Disbursements
              For the month ending October 31, 2006

Beginning Cash Balance:                              $16,739,073
Add:
    Transfers in                                       3,412,996
    Receipts Deposited                                 6,905,331
    Other (Return of Direct Deposits)                          -
    Other                                                      -
    Other (Interest Income)                               67,128
                                                  --------------
    Total Cash Receipts                               10,385,454

Subtract:
    Transfers out                                     (3,412,996)
    Disbursements by check or debit                   (5,209,063)
    Cash withdrawn                                             -
    Other (Service Charges)                               (1,804)
    Other (Misc Check Correction)                         (4,000)
    Other (NSF Checks)                                   (23,726)
    Other (Clear Interfund Rec/Pay)                            -
                                                  --------------
    Total Cash Disbursements                          (8,651,589)
                                                  --------------
Ending Cash Balance                                  $18,472,938
                                                  ==============

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


CATHOLIC CHURCH: Spokane Files October 2006 Operating Report
------------------------------------------------------------
The Diocese of Spokane delivered its operating report for the
month of October to the U.S. Bankruptcy Court for the Eastern
District of Washington.

As of October 31, Spokane reported $12,805,145 in total assets,
including $2,503,472 in cash, $2,679,116 in loans receivables and
$2,679,116 in buildings and other fixed assets.

Spokane reported $9,269,297 in total long-term liabilities,
including $10,457,621 in deposits payable.

Spokane also reported ($26,542,443) in net assets, including
$10,593,192 in total replacement fund.

Spokane's total liabilities plus net assets exceed its total
assets by $130,000.  Spokane did not disclose the reason for the
difference.

Spokane also reported a $568,381 net deficit for the month ended
October.  The Diocese's income totaled $282,870, which was offset
by expenses aggregating $851,251.

A full-text copy of the Diocese's October 2006 operating report
is available for free at: http://ResearchArchives.com/t/s?16b6

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


DANA CORP: Posts $20 Million Net Loss in October 2006
-----------------------------------------------------

                        Dana Corporation
                     Condensed Balance Sheet
                       At October 31, 2006

ASSETS

CURRENT ASSETS
   Cash and cash equivalent assets                  $716,000,000
   Accounts receivable
      Trade                                        1,313,000,000
      Other                                          196,000,000
   Inventories                                       736,000,000
   Assets of discontinued operations                 462,000,000
   Other current assets                              134,000,000
                                                  --------------
      Total current assets                         3,557,000,000

Investments and other assets                       1,322,000,000
Investments in equity affiliates                     666,000,000
Net property, plant and equipment                  1,792,000,000
                                                  --------------
TOTAL ASSETS                                      $7,337,000,000
                                                  ==============

LIABILITY AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES
   Notes payable, including current portion
      of long-term debt                              $29,000,000
   Accounts payable                                  892,000,000
   Liabilities of discontinued operations            198,000,000
   Other accrued liabilities                         765,000,000
                                                  --------------
Total current liabilities                          1,884,000,000

Liabilities subject to compromise                  4,284,000,000
Deferred employee benefits and other
   non-current liabilities                           267,000,000
Long-term debt                                        15,000,000
DIP financing                                        700,000,000
Minority interest in consolidate subsidiaries         84,000,000
Shareholder' equity                                  103,000,000
                                                  --------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY        $7,337,000,000
                                                  ==============

                        Dana Corporation
           Unaudited Condensed Statement of Operations
                  Month Ending October 31, 2006

Net Sales                                           $729,000,000
Costs and expenses
   Costs of sales                                    701,000,000
   Selling, general & administrative expenses         33,000,000
   Impairment of goodwill                                      -
   Other income, net                                   6,000,000
                                                  --------------
Income (loss) from operations                          1,000,000
Interest expense                                       5,000,000
Reorganization charges                                 8,000,000
                                                  --------------
Income (loss) before income taxes                    (12,000,000)
Income tax (expense) benefit                          (3,000,000)
Minority interest                                     (1,000,000)
Equity in earnings of affiliates                      (5,000,000)
                                                  --------------
Income (loss) before continuing operations           (21,000,000)
Income (loss) from discontinued operations             1,000,000
                                                  --------------
Net income (loss)                                   ($20,000,000)
                                                  ==============

                        Dana Corporation
           Unaudited Condensed Statement of Cash Flow
                  Month Ended October 31, 2006

OPERATING ACTIVITIES
Net income (loss)                                   ($20,000,000)
Depreciation and amortization                         22,000,000
Charges related to divestitures & asset sales                  -
Reorganization charges                                 8,000,000
Payment of reorganization charges                     (5,000,000)
Working capital                                        9,000,000
Equity in loss of affiliates                           5,000,000
Other                                                (14,000,000)
                                                  --------------
Net cash flow provided by
(used for) operating activities                       (5,000,000)

INVESTING ACTIVITIES
Purchases of property, plant and equipment           (16,000,000)
Proceeds from sale of assets                           4,000,000
Other                                                  1,000,000
                                                  --------------
Net cash flow provided by
(used for) operating activities                      (11,000,000)

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

Net increase in cash equivalents                      (6,000,000)
                                                  --------------
Cash and cash equivalents, beginning of period       722,000,000
                                                  --------------
Cash and cash equivalents, end of period            $716,000,000
                                                  ==============

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


FEDERAL MOGUL: Posts $505.9 Million Net Loss in October 2006
------------------------------------------------------------

               Federal-Mogul Global, Inc., et al.
                    Unaudited Balance Sheet
                     As of October 31, 2006
                         (In millions)

                             Assets

Cash and equivalents                                       $72.8
Accounts receivable                                        589.4
Inventories                                                444.6
Deferred taxes                                              96.9
Prepaid expenses and other current assets                   96.1
                                                      ----------
Total current assets                                     1,299.8

Summary of Unpaid Postpetition Debits                      (81.2)
Intercompany Loans Receivable (Payable)                  2,294.3
                                                      ----------
Intercompany Balances                                    2,213.1

Property, plant and equipment                              829.1
Goodwill                                                   932.0
Other intangible assets                                    385.9
Insurance recoverable                                      838.1
Other non-current assets                                   892.8
                                                      ----------
Total Assets                                             7,390.8
                                                      ==========

              Liabilities and Shareholders' Equity

Short-term debt                                            531.0
Accounts payable                                           220.4
Accrued compensation                                        79.4
Restructuring and rationalization reserves                  22.7
Current portion of asbestos liability                          -
Interest payable                                             3.7
Other accrued liabilities                                  245.8
                                                      ----------
Total current liabilities                                1,102.9

Long-term debt                                                 -
Post-employment benefits                                   721.9
Other accrued liabilities                                  787.4
Liabilities subject to compromise                        5,811.2

Shareholders' equity:
   Preferred stock                                       1,050.6
   Common stock                                            565.8
   Additional paid-in capital                            8,076.1
   Accumulated deficit                                 (10,932.0)
   Accumulated other comprehensive income                  207.0
   Other                                                       -
                                                      ----------
Total Shareholders' Equity                              (1,032.5)
                                                      ----------
Total Liabilities and Shareholders' Equity              $7,390.8
                                                      ==========

               Federal-Mogul Global, Inc., et al.
               Unaudited Statement of Operations
              For the Month Ended October 31, 2006
                         (In millions)

Net sales                                                  267.4
Cost of products sold                                      220.0
                                                      ----------
Gross margin                                                47.4

Selling, general & administrative expenses                 (45.3)
Amortization                                                (1.1)
Reorganization items                                      (552.1)
Interest expense, net                                      (16.2)
Other expense, net                                          54.3
                                                      ----------
Earnings before Income Taxes                              (513.0)

Income Tax Expense                                           7.0
                                                      ----------
Earnings before effect of change in acctg. principle      (505.9)
Cumulative effect of change in acctg. principle                -
                                                      ----------
Net Earnings (loss)                                      ($505.9)
                                                      ==========

               Federal-Mogul Global, Inc., et al.
               Unaudited Statement of Cash Flows
              For the month ended October 31, 2006
                         (In millions)

Cash Provided From (Used By) Operating Activities:
   Net earning (loss)                                    ($505.9)
Adjustments to reconcile net earnings (loss) to net cash:
   Depreciation and amortization                            12.8
   Adjustment of assets held for sale and other
     long-lived assets to fair value                           -
   Asbestos charge                                             -
   Summary of unpaid postpetition debits                       -
   Cumulative effect of change in accounting principle         -
   Change in post-employment benefits                        3.2
   Decrease (increase) in accounts receivable                7.8
   Decrease (increase) in inventories                        4.7
   Increase (decrease) in accounts payable                   1.1
   Change in other assets and other liabilities           (261.0)
   Change in restructuring charge                            0.9
   Refunds (payments) against asbestos liability               -
                                                      ----------
Net Cash Provided From Operating Activities               (736.4)

Cash Provided From (Used By) Investing Activities:
   Expenditures for property, plant & equipment             (8.5)
   Proceeds from sale of property, plant & equipment           -
   Proceeds from sale of businesses                            -
   Business acquisitions, net of cash acquired                 -
   Other                                                       -
                                                      ----------
Net Cash Provided From (Used By) Investing Activities       (8.5)

Cash Provided From (Used By) Financing Activities:
   Increase (decrease) in debt                             (23.7)
   Sale of accounts receivable under securitization            -
   Dividends                                                   -
   Other                                                     3.9
                                                     -----------
Net Cash Provided From Financing Activities                (19.9)

Increase in Cash and Equivalents                          (764.7)

Cash and equivalents at beginning of period                837.6
                                                      ----------
Cash and equivalents at end of period                      $72.8
                                                      ==========

Headquartered in Southfield, Michigan, Federal-Mogul Corporation
-- http://www.federal-mogul.com/-- is an automotive parts company   
with worldwide revenue of some $6 billion.  The Company filed for
chapter 11 protection on Oct. 1, 2001 (Bankr. Del. Case No.
01-10582).  Lawrence J. Nyhan Esq., James F. Conlan Esq., and
Kevin T. Lantry Esq., at Sidley Austin Brown & Wood, and Laura
Davis Jones Esq., at Pachulski, Stang, Ziehl, Young, Jones &
Weintraub, P.C., represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they listed $10.15 billion in assets and $8.86 billion
in liabilities.  Federal-Mogul Corp.'s U.K. affiliate, Turner &
Newall, is based at Dudley Hill, Bradford. Peter D. Wolfson, Esq.,
at Sonnenschein Nath & Rosenthal; and Charlene D. Davis, Esq.,
Ashley B. Stitzer, Esq., and Eric M. Sutty, Esq., at The Bayard
Firm represent the Official Committee of Unsecured Creditors.  
(Federal-Mogul Bankruptcy News, Issue No. 121; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or     
215/945-7000).


LARGE SCALE BIOLOGY: Posts $687,075 Net Loss in October 2006
------------------------------------------------------------
Large Scale Biology Corp. filed its monthly operating report for
October 2006 with the United States Bankruptcy Court for the
Eastern District of California on Dec. 12, 2006.

The Debtor reported a net loss of $687,075 from revenue of
$100,545 for the month ended Oct. 31, 2006.

At Oct. 31, 2006, Large Scale Biology Corp.'s balance sheet
showed:

        Total Current Assets                  $18,557,015
        Total Assets                          $20,939,179
        Total Liabilities                      $9,042,266
        Total Shareholders' Equity           $11,896,913

A full-text copy of Large Scale Biology Corp.'s October 2006
Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?170d

Headquartered in Vacaville, California, Large Scale Biology
Corporation -- http://www.lsbc.com/-- develops, manufactures and   
sells plant-made pharmaceutical proteins and vaccines.  LSBC and
its debtor-affiliates filed for chapter 11 protection on Jan. 9,
2006. (Bankr. E.D. Calif. Case No. 06-20046).  Paul J. Pascuzzi,
Esq., at Felderstein Fitzgerald Willoughby & Pascuzzi, represent
the Debtors in their restructuring efforts.  Donna T. Parkinson,
Esq., in Sacramento, California, represents the Official
Committee of Unsecured Creditors.  At June 30, 2006, Large
Scale Biology Corporation's balance sheet showed total assets
of $19,733,999 and total debts of $8,895,285.


PERFORMANCE TRANSPORTATION: Files October 2006 Operating Report
---------------------------------------------------------------
Performance Transportation Services Inc. and its debtor-affiliates
filed with the U.S. Bankruptcy Court for the Western District of
New York their Monthly Operating Statement for the period
October 1 to 31, 2006.

The Operating Statements do not include a Balance Sheet or
Statement of Operations.  The Debtors, however, disclosed a
$1,372,200 operating net loss for the period.

                Performance Logistics Group, Inc.
        In re. Leaseway Motorcar Transport Company, et al.
                    U.S. Operations Cash Flow
               For the Month Ended October 31, 2006

Book balance:
    Opening book balance, 10/01/06                    $7,856,609
                                                     -----------
Receipts
    Customers                                         24,806,268
    Miscellaneous receipts                               101,650
                                                     -----------
    Total receipts                                    24,907,918
                                                     -----------
Disbursements
    Payroll, payroll taxes & fringe benefits          12,795,916
    Insurance & cargo losses                           3,289,359
    Fuel and fuel taxes                                3,363,738
    Parts, tires, other operating supplies & expenses  3,486,079
    Licenses, permits & tolls                            546,762
    Tractor, trailer lease payments                      132,028
    Building, land, service vehicles and other rents     375,652
    Interest & bank fee payments                         629,273
    Income, franchise & property taxes                    35,967
    Misc/DIP Line (Draw) / Repayments                          -
    Capital expenditures                                 129,016
    Professional Fees                                  1,358,705
                                                     -----------
    Total Disbursements                               26,142,495
                                                     -----------
Closing Book Balance, End of Month                    $6,622,032
                                                     ===========
A full-text copy of the Debtors' October 2006 Operating
Statements is available for free at:

               http://ResearchArchives.com/t/s?16c9

Headquartered in Wayne, Michigan, Performance Transportation
Services, Inc. -- http://www.pts-inc.biz/-- is the second largest   
transporter of new automobiles, sport-utility vehicles and light
trucks in North America.  The Company provides transit stability,
cargo damage elimination and proactive customer relations that are
second to none in the finished vehicle market segment.  The
company's chapter 11 case is administered jointly under Leaseway
Motorcar Transport Company.

Headquartered in Niagara Falls, New York, Leaseway Motorcar
Transport Company Debtor and 13 affiliates filed for chapter 11
protection on Jan. 25, 2006 (Bankr. W.D.N.Y. Case No. 06-00107).
James A. Stempel, Esq., James W. Kapp, III, Esq., and Jocelyn A.
Hirsch, Esq., at Kirkland & Ellis, LLP, and Garry M. Graber, Esq.,
at Hodgson Russ LLP represent the Debtors in their restructuring
efforts.  David Neier, Esq., at Winston & Strawn LLP, represents
the Official Committee of Unsecured Creditors.  When the Debtors
filed for protection from their creditors, they estimated assets
between $10 million and $50 million and more than $100 million in
debts.  (Performance Bankruptcy News, Issue No. 19; Bankruptcy
Creditors' Service, Inc. http://bankrupt.com/newsstand/or   
215/945-7000)


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

                         SVCMC Debtors
             Unaudited Consolidated Balance Sheet
                    As of October 31, 2006

ASSETS
Cash & Cash Equivalents                              $36,142,772
Patients Accounts Receivable, less allowance for
   doubtful accounts                                 152,309,045
Accounts Receivable                                   37,505,280
Other Current Assets                                  44,614,585
Assets Held for Sale                                  83,029,419
                                                  --------------
   Total Current Assets                              353,601,101

Depreciation Reserve Funds & Collaterized Assets      10,816,190
Assets Designated for Self-Insurance
   Investments at Market                              44,461,182
Assets whose use is limited -
   Investments at Market                              57,017,752
Other Non-Current Assets                              16,815,351
Land, Buildings & Equipment, net of
   Accumulated Depreciation                          133,268,216
                                                  --------------
    Total Assets                                    $615,979,792
                                                  ==============

LIABILITIES AND NET ASSETS
Liabilities Not Subject to Compromise:
   Long-Term Debt                                   $101,277,080
   Long-term Debt (GE)                               169,000,000
   Accounts Payable & Accrued Expenses               121,886,972
   Accrued Salaries and Payroll Taxes Withheld        49,572,050
   Estimated Retroactive Payables to
      Third Parties, net                              97,658,712
   Other Non-current Liabilities                      41,638,414
   Liabilities Held for Sale                          38,978,796
                                                  --------------
   Total Liabilities Not Subject to Compromise       620,012,024

Liabilities Subject to Compromise:
   Liabilities Subject to Compromise                 481,131,676
                                                  --------------
   Total Liabilities Subject to Compromise           481,131,676
                                                  --------------
   Total Liabilities                               1,101,143,700

Net Assets:
   Unrestricted                                     (548,505,728)
   Temporarily Restricted                             38,314,414
   Permanently Restricted                             25,027,406
                                                  --------------
   Total Net Assets                                 (485,163,908)
                                                  --------------
   Total Liabilities & Net Assets                   $615,979,792
                                                  ==============

                         SVCMC Debtors
            Unaudited Consolidated Income Statement
               From October 1 to October 31, 2006

Operating Revenue
   Inpatient                                         $63,004,862
   Outpatient                                         30,602,856
                                                  --------------
      Patient Service Revenue                         93,607,718
                                                  --------------
   Less Provision for Bad Debt                         6,007,053
                                                  --------------
      Net Patient Service Revenue                     87,600,665
                                                  --------------
   Pool Revenue                                        3,863,271
   Capitation                                          7,910,689
   Other                                              12,307,943
                                                  --------------
   Total Operating Revenue                           111,682,568

Operating Expenses:
   Salaries and Wages                                 48,955,145
   Fringe Benefits                                    13,774,037
   Supplies and Other                                 37,041,618
   Insurance                                           4,006,972
                                                  --------------
   Total Direct Operating Costs                      103,777,772

   Salaries and Wages                                  2,177,099
   Fringe Benefits                                       571,106
   Supplies and Other                                  6,351,047
                                                  --------------
   Total Corporate Allocated                           9,099,252
                                                  --------------
   Total Operating Expense                           112,877,024
                                                  --------------
Interest                                               2,263,512
Depreciation                                           1,718,784
                                                  --------------
   Operating Gain (Loss) Before
      Non-Recurring and/or Unusual Items              (5,176,752)

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           (2,748,053)
   Estimated Close-out of St. Mary's                           -
   Hanys Investment Income (SF INS)                            -
   Prior Period Ambulance Revenue                              -
   Transfer of Equity Foundation                               -
                                                  --------------
   Total Non-Recurring and/or Unusual Items           (2,748,053)
                                                  --------------
   Operating Gain (Loss) After
      Non-Recurring and/or Unusual Items              (7,924,805)
                                                  --------------
Non-Operating Revenue                                  2,405,047
Change in Temporary Restricted Net Assets                979,142
                                                  --------------
   Change in Net Assets                              ($4,540,616)
                                                  --------------
   EBITDA                                             $1,194,456
                                                  ==============

                         SVCMC Debtors
               Unaudited Statement of Cash Flows
               From October 1 to October 31, 2006

Cash Flows from Operation Activities:
   Changes in Net Assets                             ($4,540,616)

Adjustments to Reconcile Changes in Net Assets
   to Net Cash Provided by Operating Activities:
   Depreciation & Amortization                         1,718,784
   Change in Unrealized Gains & Losses                (2,223,075)
   Change in Patient's Accounts Receivable             2,196,957
   Change in Accounts Receivables, Other               9,576,715
   Change in Prepaid Expenses & Other                  2,490,633
   Change in Other Non-Current Assets                    194,216
   Change in Accounts Payable &
      Accrued Exp-Postpetition                        (6,796,770)
   Change in Accrued Salaries & P/R Taxes              5,126,155
   Change in Est. Retro rec/pay
      from/to third parties                            8,098,525
   Change in Other Non-Current Liabilities             3,286,538
                                                  --------------
   Net Cash Provided by Operating Activities          19,128,062

Cash flows From Investment Activities:
   Purchase of Investments, Net                       (2,105,866)
   Purchase of Assets Whose Use is Limited              (768,939)
   Acquisition/Sale of Land, Building,
      & Equipment                                     (1,069,161)
                                                  --------------
   Net Cash Provided by Investing Activities          (3,943,966)

Cash flows From Financing Activities:
   Proceeds/Repayment From/of Working Capital Lo               -
   Repayment of Long-term debt                        (4,757,729)
                                                  --------------
   Net Cash (Used) in Financing Activities            (4,757,729)

   Net Increase (Decrease)
      in Cash & Cash Equivalents                      10,426,367

   Cash & Cash Equivalents at Beginning of Month      25,716,405
                                                  --------------
   Cash & Cash Equivalents at End of the Month       $36,142,772
                                                  ==============

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


SOLUTIA INC: Files Amended September 2006 Monthly Operating Report
------------------------------------------------------------------
Solutia Inc. filed an amended September 2006 monthly operating
statement to correct an error in its monthly disbursements amount
from $240,598,876 to $319,243,907.

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


SOLUTIA INC: Posts $9 Million Net Loss in October 2006
------------------------------------------------------

                 Solutia Chapter 11 Debtors
           Unaudited Statement of Consolidated
                    Financial Position
                  As of October 31, 2006

                          ASSETS

Cash                                                 $14,000,000
Trade Receivables, net                               191,000,000
Account Receivables-Unconsolidated Subsidiaries       39,000,000
Inventories                                          188,000,000
Other Current Assets                                  76,000,000
Assets of Discontinued Operations                              0
                                                  --------------
Total Current Assets                                 508,000,000

Property, Plant and Equipment, net                   662,000,000
Investments in Subsidiaries and Affiliates           570,000,000
Intangible Assets, net                               100,000,000
Other Assets                                          57,000,000
                                                  --------------
Total Assets                                      $1,897,000,000
                                                  ==============

              LIABILITIES AND SHAREHOLDERS' DEFICIT

Accounts Payable                                    $167,000,000
Short Term Debt                                      650,000,000
Other Current Liabilities                            186,000,000
Liabilities of Discontinued Operations                 1,000,000
                                                  --------------
Total Current Liabilities                          1,004,000,000

Other Long-Term Liabilities                          192,000,000
                                                  --------------
Total Liabilities not Subject to Compromise        1,196,000,000

Liabilities Subject to Compromise                  2,039,000,000

Shareholders' Deficit                             (1,338,000,000)
                                                  --------------
Total Liabilities & Shareholders' Deficit         $1,897,000,000
                                                  ==============

                 Solutia Chapter 11 Debtors
       Unaudited Consolidated Statement of Operations
           For the Month Ended October 31, 2006

Total Net Sales                                     $217,000,000
Total Cost Of Goods Sold                             200,000,000
                                                  --------------
Gross Profit                                          17,000,000

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

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

Reorganization Items:
Professional fees                                     (7,000,000)
Employee severance and retention costs                         0
Other                                                          0
                                                  --------------
                                                      (7,000,000)
                                                  --------------
Loss Before Taxes                                     (9,000,000)

Income tax expense (benefit)                                   0
                                                  --------------
Net Loss                                             ($9,000,000)
                                                  ==============

Solutia Inc. filed an amended monthly operating statement for
October 2006 to correct its monthly disbursements amount from
$177,493,600 to $260,281,747.

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


SONICBLUE INC: Files October 2006 Monthly Operating Report
----------------------------------------------------------
On Dec. 11, 2006, SONICblue Incorporated reports that it is
sitting on $79,163,020 of cash, has accrued $909,555 in
postpetition liabilities, and faces a $236,604,166 mountain of
prepetition debts.

A full-text copy of SONICblue Inc.'s October 2006
Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?172b

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.

                             *********

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
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                             *********

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

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

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