TCR_Public/090110.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, January 10, 2009, Vol. 13, No. 9

                            Headlines



AMERICAN HOME: AHM Corp.'s Operating Report -- September 2008
AMERICAN HOME: AHMAI's Monthly Operating Report -- September 2008
AMERICAN HOME: AHMHI's Monthly Operating Report -- September 2008
AMERICAN HOME: AHMIC's Monthly Operating Report -- September 2008
AMERICAN HOME: AHMSI's Monthly Operating Report -- September 2008

AMERICAN HOME: AHMV's Monthly Operating Report -- September 2008
AMERICAN HOME: Great Oak's Operating Report -- September 2008
AMERICAN HOME: Homegate Monthly Operating Report -- September 2008
CLUB AT WATERFORD: Files Operating Report for Month Ended Nov. 30
EOS AIRLINES: Earns $5,584,696 in Month Ended November 30

INTERSTATE BAKERIES: Monthly Operating Report -- Ended November 15
MOTOR COACH: Files Monthly Operating Report for October 2008
PAPER INTERNATIONAL: Posts $481,806 Net Loss from Oct. 6 - Oct. 31
PAPER INTERNATIONAL: Posts $292,079 Net Loss in November 2008
SEMGROUP LP: Debtors' Monthly Operating Report -- October 2008

SHARPER IMAGE: Files Monthly Operating Report for November 2008
TOUSA INC: Files Monthly Operating Report for November 2008
TRIBUNE CO: Files Initial Monthly Operating Report
VERASUN ENERGY: Files Monthly Operating Report for November 2008



                            *********

AMERICAN HOME: AHM Corp.'s Operating Report -- September 2008
-------------------------------------------------------------

                 American Home Mortgage Corp.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                         $31,253,163
  Restricted cash                                     5,630,518
  Accounts receivable                                29,523,842
  Intercompany receivable                           698,471,913
  Mortgage loans                                     31,237,235
  Derivative assets                                     743,601
  Mortgage servicing rights                                   -
  Other real estate, net                             31,756,694
  Premises and equipment, net                        19,860,119
  Investment in subsidiaries                         74,067,218
  Other assets                                        3,097,387
                                                   ------------
     Total Assets                                  $925,641,690
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Warehouse lines of credit                     $101,081,032
     Derivative liabilities                          10,481,560
     Accrued expenses & other liabilities            87,470,238
     Intercompany payable                         1,545,561,445
     Notes payable                                      879,041
     Income taxes payable                             1,930,542
                                                   ------------
        Total Liabilities                         1,747,403,858

  Stockholders' Equity
     Additional paid-in capital                     153,195,272
     Retained earnings                             (974,957,440)
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                 (821,762,168)
                                                   ------------
Total Liabilities & Stockholders' Equity           $925,641,690
                                                   ============

                 American Home Mortgage Corp.
                      Statement of Income
                Month Ended September 30, 2008

Net Interest Income:
  Interest income                                    $1,851,643
  Interest expense                                       (5,293)
                                                   ------------
     Net interest income                              1,846,350

  Provision for loan losses                                   -
                                                   ------------
     Net interest income after provision              1,846,350
       for loan losses

Non-Interest Income:
  Gain (loss) on mortgage loans                      (3,267,096)
  Loss (gain) on securities & derivatives                     -
  Loan servicing fees                                    33,448
  Changes in fair value of MSR                                -
  Income (loss) from subsidiaries                      (201,413)
  Other non-interest (loss) income                        2,450
                                                   ------------
     Non-interest income                             (3,432,611)

Expenses
  Salaries, commissions & benefits, net                 891,821
  Occupancy and equipment                               734,218
  Data processing and communications                     72,385
  Office supplies and expenses                            4,111
  Marketing and promotion                                     -
  Travel and entertainment                                  341
  Professional fees                                   3,330,690
  Other real estate operating expense                   (75,000)
  Other                                                 (54,275)
                                                   ------------
     Total expenses                                   4,904,291

Income (Loss) before income taxes                    (6,490,552)
Income taxes                                                  -
                                                   ------------
Net loss                                            ($6,490,552)
                                                   ============

                 American Home Mortgage Corp.
          Schedule of Cash Receipts and Disbursements
                Month Ended September 30, 2008

Cash - Beginning of Month, 09/01/2008               $37,752,544

Receipts:
  Cash sales                                                  -
  Accounts receivable                                         -
  Sale of assets                                              -
  Loans and advances                                  5,639,487
  Administrative                                              -
  Net payroll                                                 -
  Other                                                       -
  Transfers (from DIP accounts)                    ------------
     Total Receipts                                   5,639,487

Disbursements:
  Net payroll                                             5,991
  Payroll taxes                                               -
  Sales, use & other taxes                                    -
  Loans and advances                                          -
  Inventory purchases                                         -
  Secured/rental/leases                                       -
  Insurance                                                   -
  Administrative                                        923,893
  Selling                                                     -
  Other                                                       -
  Transfers (to DIP accounts)                         5,578,464
  Professional fees                                           -
  U.S. Trustee quarterly fees                                 -
  Court costs                                                 -
                                                   ------------
     Total Disbursements                              6,508,348
                                                   ------------
     Net Cash Flow                                     (868,860)
                                                   ------------
Cash - End of Month - 09/30/08                      $36,883,684
                                                   ============

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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



AMERICAN HOME: AHMAI's Monthly Operating Report -- September 2008
-----------------------------------------------------------------

            American Home Mortgage Acceptance, Inc.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                            $350,190
  Restricted cash                                             -
  Accounts receivable                                 1,037,352
  Intercompany receivable                           517,059,825
  Mortgage loans                                      3,754,079
  Mortgage servicing rights                                   -
  Other real estate, net                              3,815,207
  Investment in subsidiaries                        (25,687,128)
  Other assets                                                -
                                                   ------------
     Total Assets                                  $500,329,525
                                                   ============

Liabilities and Stockholders' Equity
  Liabilities:
     Warehouse lines of credit                      $24,787,505
     Accrued expenses & other liabilities             1,092,787
     Intercompany payable                           671,516,002
                                                   ------------
        Total Liabilities                           697,396,294

  Stockholders' Equity
     Additional paid-in capital                      40,298,920
     Retained earnings                             (237,365,689)
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                 (197,066,769)
                                                   ------------
Total Liabilities & Stockholders' Equity           $500,329,525
                                                   ============

            American Home Mortgage Acceptance, Inc.
                      Statement of Income
                Month Ended September 30, 2008

Net Interest Income:
  Interest income                                      $208,617
  Interest expense                                            -
                                                   ------------
     Net interest income                                208,617

  Provision for loan losses                                   -
                                                   ------------
     Net interest income after provision                208,617
       for loan losses

Non-Interest Income:
  Gain (Loss) on mortgage loans                          (9,342)
  Gain on securities & derivatives                            -
  Loan servicing fees                                         -
  Changes in fair value of MSR                                -
  Income [loss] from subsidiaries                        (9,620)
  Other non-interest income                                   -
                                                   ------------
     Non-interest income [loss]                         (18,962)

Expenses
  Salaries, commissions & benefits, net                  57,119
  Office supplies and expenses                                -
  Marketing and promotion                                     -
  Professional fees                                           -
  Other real estate operating (income) expense                -
  Other                                                       -
                                                   ------------
     Total expenses                                      57,119

(Loss) Income before income taxes                       132,536
Income taxes                                                  -
                                                   ------------
Net income [Loss]                                      $132,536
                                                   ============

AHM Acceptance also discloses that its cash as of September 1,
2008, was $288,048.  Since it received $62,141 from loans and
advances, AHM Acceptance's cash at the end of September increased
to $350,189.

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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



AMERICAN HOME: AHMHI's Monthly Operating Report -- September 2008
-----------------------------------------------------------------

             American Home Mortgage Holdings, Inc.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                              $1,000
  Accounts receivable                                   134,546
  Intercompany receivable                           133,113,340
  Investment in subsidiaries                       (650,011,557)
  Other assets                                                -
                                                   ------------
     Total Assets                                 ($516,762,671)
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Junior subordinated note                      $304,214,000
     Accrued expenses & other liabilities             4,733,870
                                                   ------------
        Total Liabilities                           308,947,870

  Stockholders' Equity
     Additional paid-in capital                      94,597,810
     Retained earnings                             (920,308,351)
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                 (825,710,541)
                                                   ------------
Total Liabilities & Stockholders' Equity          ($516,762,671)
                                                   ============

             American Home Mortgage Holdings, Inc.
                      Statement of Income
                Month Ended September 30, 2008

Income (loss) from subsidiaries                     ($6,270,940)
Other non-interest income:                                     -
                                                   ------------
     Non-interest income                             (6,270,940)
                                                   ------------

Professional fees                                             -
Other                                                         -
                                                   ------------
     Total Expenses                                           -
                                                   ------------
Income (Loss) before income taxes                    (6,270,940)
Income taxes                                                  -
                                                   ------------
Net loss                                            ($6,270,940)
                                                   ============

American Home Mortgage Holdings, Inc., also discloses that its
cash as of September 1, 2008, was $1,000.  Since there was no
cash receipts and disbursements for September, AHM Holdings' cash
at the end of the month is still $1,000.

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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


AMERICAN HOME: AHMIC's Monthly Operating Report -- September 2008
-----------------------------------------------------------------

            American Home Mortgage Investment Corp.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                         $11,756,263
  Restricted cash                                   150,799,967
  Accounts receivable                                 3,700,171
  Intercompany receivable                         1,327,781,683
  Securities                                      1,136,724,960
  Derivative assets                                           -
  Investment in subsidiaries                     (1,031,058,156)
  Other assets                                                -
                                                   ------------
     Total Assets                                $1,599,704,888
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Reverse repurchase agreements                            -
     Junior subordinated note                      $180,416,000
     Derivative liabilities                          53,817,031
     Accrued expenses & other liabilities         1,221,721,834
     Intercompany payable                           586,210,538
                                                   ------------
        Total Liabilities                         2,042,165,403

  Stockholders' Equity
     Preferred stock - Series A                      50,856,875
     Preferred stock - Series B                      83,183,125
     Common Stock                                       543,074
     Additional paid-in capital                   1,057,864,155
     Retained earnings                           (1,634,907,744)
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                 (442,460,515)
                                                   ------------
Total Liabilities & Stockholders' Equity         $1,599,704,888
                                                   ============

            American Home Mortgage Investment Corp.
                      Statement of Income
                Month Ended September 30, 2008

Net Interest Income:
  Interest income                                       $23,220
  Interest expense                                            -
                                                   ------------
     Net interest income                                 23,220

  Provision for loan losses                                   -
                                                   ------------
     Net interest income after provision                 23,220
       for loan losses

Non-Interest Income:
  Loss on mortgage loans                                     13
  Loss on securities and derivatives                          -
  Gain (loss) from subsidiaries                      (6,138,404)
  Other non-interest income                                   -
                                                   ------------
     Non-interest income                             (6,138,391)

Other
  Data processing and communications                      9,550
  Office supplies and expenses                           14,275
  Professional fees                                         527
  Other expenses                                          5,590
                                                   ------------
     Total expenses                                      29,942

Loss before income taxes                             (6,145,113)
Income taxes                                                  -
                                                   ------------
Net loss                                            ($6,145,113)
                                                   ============

            American Home Mortgage Investment Corp.
          Schedule of Cash Receipts and Disbursements
                Month Ended September 30, 2008

Cash - Beginning of Month, 09/01/2008              $169,626,911

Receipts:
  Cash sales                                                  -
  Accounts receivable                                         -
  Sale of assets                                      1,503,513
  Loans and advances                                     49,088
  Administrative                                              -
  Net payroll                                                 -
  Other                                                  15,495
  Transfers (from DIP accounts)                               -
                                                   ------------
     Total Receipts                                   1,568,096

Disbursements:
  Net payroll                                           670,427
  Payroll taxes                                               -
  Sales, use & other taxes                                    -
  Loans and advances                                          -
  Inventory purchases                                         -
  Secured/rental/leases                                       -
  Insurance                                                   -
  Administrative                                      3,588,360
  Selling                                                     -
  Other                                                       -
  Transfers (to DIP accounts)                         4,379,992
  Professional fees                                           -
  U.S. Trustee quarterly fees                                 -
  Court costs                                                 -
                                                   ------------
     Total Disbursements                              8,638,778
                                                   ------------
     Net Cash Flow                                   (7,070,682)
                                                   ------------
Cash - End of Month - 09/30/08                     $162,556,229
                                                   ============

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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


AMERICAN HOME: AHMSI's Monthly Operating Report -- September 2008
-----------------------------------------------------------------

   AHM SV, Inc., fka American Home Mortgage Servicing, Inc.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                          $3,074,225
  Restricted cash                                         1,570
  Accounts receivable & servicing advances            9,386,503
  Intercompany receivable                           213,092,540
  Premises and equipment, net                                 -
  Investment in subsidiaries                          9,727,945
  Other assets                                          750,799
                                                   ------------
     Total Assets                                  $236,033,582
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Warehouse lines of credit                                -
     Accrued expenses & other liabilities            $5,988,864
     Intercompany payable                           131,146,603
     Income taxes payable                             1,786,325
                                                   ------------
        Total Liabilities                           138,921,792

  Stockholders' Equity
     Additional paid-in capital                      37,000,200
     Retained earnings                               60,111,590
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                   97,111,790
                                                   ------------
Total Liabilities & Stockholders' Equity           $236,033,582
                                                   ============

   AHM SV, Inc., fka American Home Mortgage Servicing, Inc.
                      Statement of Income
                Month Ended September 30, 2008

Net interest income:
  Interest income                                            $0
  Interest expense                                            -
  Provision for loan losses                                   -
                                                   ------------
  Net interest income after losses                            -

Non-Interest Income:
  (Loss) Gain on mortgage loans                               -
  Loan servicing fees                                         -
  Gain on sale of servicing platform                          -
  Other non-interest income (loss)                            -
                                                   ------------
     Non-interest income                                      -

Expenses
  Salaries, commissions & benefits, net                  (2,104)
  Occupancy and equipment                                (3,864)
  Data processing and communications                          -
  Office supplies and expenses                                -
  Marketing and promotion                                     -
  Travel and entertainment                                    -
  Professional fees                                       2,674
  Other real estate operating expense                         -
  Other                                                (105,549)
                                                   ------------
     Total expenses                                    (108,843)

Income (Loss) before income taxes                       108,843
Income taxes                                                  -
                                                   ------------
Net income                                             $108,843
                                                   ============

AHM SV also discloses that its cash as of September 1, 2008, was
$2,965,045.  Since it received $110,748 from administration, AHM
SV's cash at the end of September increased to $3,075,793.

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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



AMERICAN HOME: AHMV's Monthly Operating Report -- September 2008
----------------------------------------------------------------

             American Home Mortgage Ventures, LLC
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                            $613,049
  Intercompany receivable                                     -
  Premises and equipment, net                             2,200
  Other assets                                              568
                                                   ------------
     Total Assets                                      $615,817
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Accrued expenses & other liabilities                     -
     Intercompany payable                               157,632
                                                   ------------
        Total Liabilities                               157,632

  Stockholders' Equity
     Additional paid-in capital                         395,500
     Retained earnings                                   62,685
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                      458,185
                                                   ------------
Total Liabilities & Stockholders' Equity               $615,817
                                                   ============

American Home Mortgage Ventures, LLC, discloses that its cash as
of September 1, 2008, was $613,049.  Since there was no cash
receipts and disbursements for September, AHM Ventures' cash at
the end of the month is still $613,049.

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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


AMERICAN HOME: Great Oak's Operating Report -- September 2008
-------------------------------------------------------------

                   Great Oak Abstract Corp.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                            $380,941
  Accounts receivable                                    36,615
  Intercompany receivable                               693,132
  Premises and equipment, net                             5,339
  Other assets                                          104,800
                                                   ------------
     Total Assets                                    $1,220,827
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Accrued expenses & other liabilities               $76,743
                                                   ------------
        Total Liabilities                                76,743

  Stockholders' Equity
     Additional paid-in capital                          95,520
     Retained earnings                                1,048,564
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                    1,144,084
                                                   ------------
Total Liabilities & Stockholders' Equity             $1,220,827
                                                   ============

Great Oak Abstract Corp. reports that its cash at the start of
September was $287,809.  Since there was no transaction for the
whole month, its cash is still $287,809 as of September 30, 2008.

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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


AMERICAN HOME: Homegate Monthly Operating Report -- September 2008
------------------------------------------------------------------

              Homegate Settlement Services, Inc.
               Statement of Financial Condition
                   As of September 30, 2008

Assets:
  Cash and cash equivalents                            $209,659
  Restricted cash                                             -
  Intercompany receivable                                     -
  Premises and equipment, net                           233,715
  Other assets                                                -
                                                   ------------
     Total Assets                                      $443,374
                                                   ============

Liabilities and Stockholders' Equity

  Liabilities:
     Accrued expenses & other liabilities            $2,552,889
     Intercompany payable                             9,032,332
     Income taxes payable                                     -
                                                   ------------
        Total Liabilities                            11,585,221

  Stockholders' Equity
     Additional paid-in capital                         250,000
     Retained earnings                              (11,391,847)
     Other comprehensive loss                                 -
                                                   ------------
        Total Stockholders' Equity                  (11,141,847)
                                                   ------------
Total Liabilities & Stockholders' Equity               $443,374
                                                   ============

Homegate Settlement also discloses that its cash as of
September 1, 2008, was $209,659.  Since there was no transaction
for the whole month, Homegate Settlement's cash at the end of
September is still $209,659.

Based in Melville, New York, American Home Mortgage Investment
Corp. (NYSE: AHM) -- http://www.americanhm.com/-- is a mortgage
real estate investment trust engaged in the business of investing
in mortgage-backed securities and mortgage loans resulting from
the securitization of residential mortgage loans originated and
serviced by its subsidiaries.

American Home Mortgage and seven affiliates filed for Chapter 11
protection on Aug. 6, 2007 (Bankr. D. Del. Case Nos. 07-11047
through 07-11054).  James L. Patton, Jr., Esq., Joel A. Waite,
Esq., and Pauline K. Morgan, Esq. at Young, Conaway, Stargatt &
Taylor LLP represent the Debtors.  Epiq Bankruptcy Solutions LLC
acts as the Debtors' claims and noticing agent.  The Official
Committee of Unsecured Creditors selected Hahn & Hessen LLP as
its counsel.  As of March 31, 2007, American Home Mortgage's
balance sheet showed total assets of $20,553,935,000, total
liabilities of $19,330,191,000.

American Home filed a de-consolidated plan of liquidation on
Aug. 15, 2008.

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


CLUB AT WATERFORD: Files Operating Report for Month Ended Nov. 30
-----------------------------------------------------------------
The Club at Waterford, LP, filed with the Western District of
Texas its monthly operating report for the month ended Nov. 30,
2008.

The company reported $23,191 in revenues and $23,191 in expenses
for the period.

At Nov. 30, 2008, the company reported $51,507,543 in total assets
and $35,024,755 in total liabilities.

A full-text copy of the Debtor's monthly operating report for the
month ended Nov. 30, 2008, is available for free at:

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

Based in Marble Falls, Texas, The Club at Waterford, LP, is a
single real estate debtor.  The company filed for bankruptcy
protection on Oct. 6, 2008 (Bankr. W.D. Tex. Case No. 08-11925).
Joseph D. Martinec, Esq., at Martinec, Winn, Vickers & McElroy,
P.C., represents the Debtor as counsel.   When the Debtor filed
for protection from its creditors, it listed assets of between
$50 million and $100 million, and debts of between $10 million and
$50 million.


EOS AIRLINES: Earns $5,584,696 in Month Ended November 30
---------------------------------------------------------
EOS Airlines, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of New York its monthly operating report for the
month ended Nov. 30, 2008.

EOS Airlines, Inc. reported net income of $5,584,696 for the month
ended Nov. 30, 2008.  Net revenue for the period was ($9,713).

At Nov. 30, 2008, the company had $20,309,897 in total assets,
$9,468,571 in total postpetition liabilities, $18,432,636 in total
prepetition liabilities, and $7,591,311 in stockholders' deficit.

A full-text copy of EOS Airlines' monthly operating report for
November 2008 is available for free at:

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

                        About EOS Airlines

Based in Purchase, New York, EOS Airlines, Inc. --
http://www.eosairlines.com/-- is a transatlantic airline.  The
company filed for Chapter 11 relief on April 26, 2008 (Bankr.
S.D.N.Y. Case No.08-22581).  Tim J. Robinson, Esq., and Nicholas
J. Brannick, Esq., at Squire, Sanders & Dempsey L.L.P., in
Columbus, Ohio; and Christine M. Pierpont, Esq., at Squire,
Sanders & Dempsey L.L.P, in Cleveland, Ohio, represent the Debtor
as counsel.  Kurztman Carson Consultants LLC acts as the Official
Claims Agent for the maintenance and recordation of claims.  The
U.S. Trustee for Region 2 appointed creditors to serve on an
Official Committee of Unsecured Creditors.  Joseph M. Vann, Esq.,
and Robert A. Boghosian, Esq., at Cohen Tauber Spievack & Wagner
P.C., in New York, represent the Creditors Committee as counsel.
Alvarez & Marsal in New York is the Financial Advisor for the
Debtor.

Menzies Corporate Restructuring has been appointed as joint
administrators in the U.K.

In its schedules, EOS Airlines, Inc. listed total assets of
$57,707,999 and total debts of $16,409,993.


INTERSTATE BAKERIES: Monthly Operating Report -- Ended November 15
------------------------------------------------------------------
Interstate Bakeries Corporation Senior Vice President, Chief
Financial Officer and Treasurer of J. Randall Vance disclosed in
a filing with the Securities and Exchange Commission that as of
November 15, 2008, the Company had borrowed $113.2 million under
its $309.0 million debtor-in-possession credit facility, which is
subject to a borrowing base formula based on its level of
eligible accounts receivable, inventory, certain real property
and reserves.

The Credit Facility was also utilized to support the issuance of
letters of credit primarily in support of IBC's insurance
programs, Mr. Vance added.

As of November 15, 2008, there were $141.0 million of letters of
credit outstanding under the DIP Credit Facility, which were
partially collateralized by $21.1 million of restricted cash.
The amount of the credit facility available for borrowing was
$54.8 million as of November 15, 2008, he says.

A full-text copy of IBC's Monthly Operating Report as of
November 15, 2008, is available at no charge at:

http://idea.sec.gov/Archives/edgar/data/829499/000134100408003191/
ex99-1.htm

       Interstate Bakeries Corporation and Subsidiaries
        Unaudited Consolidated Monthly Operating Report
              Four Weeks Ended November 15, 2008

REVENUE

Gross Income                                       $211,621,699
Less Cost of Goods Sold
  Ingredients, Packaging & Outside Purchasing        61,094,423
  Direct & Indirect Labor                            33,757,863
  Overhead & Production Administration               11,157,628
                                                  -------------
     Total Cost of Goods Sold                       106,009,914
                                                  -------------
         Gross Profit                               105,611,785
                                                  -------------
OPERATING EXPENSES
Owner-Draws/Salaries                                          0
Selling & Delivery Employee Salaries                 48,182,738
Advertising and Marketing                               667,953
Insurance (Property, Casualty, & Medical)            10,785,961
Payroll Taxes                                         4,018,804
Lease and Rent                                        2,947,030
Telephone and Utilities                               1,017,291
Corporate Expense (Including Salaries)                5,321,112
Other Expenses                                       18,972,387
                                                  -------------
    Total Operating Expenses                         91,913,276
                                                  -------------
EBITDA                                               13,698,509

Restructuring & Reorganization Charges               27,133,791
Depreciation and Amortization                         4,643,907
Abandonment                                             843,390
Property & Equipment Impairment                               0
Other(Income)/Expense                                   103,416
Gain/Loss Sale of Property                                    0
Interest Expense                                      4,978,059
                                                  -------------
    Operating Income (Loss)                         (24,004,054)
Income Tax Expense (Benefit)                         (3,066,604)
                                                  -------------
NET Income (Loss)                                  ($20,937,450)
                                                  =============

CURRENT ASSETS
  Accounts Receivable at end of period             $134,607,001
  Increase (Dec.) in Accounts Receivable             (1,202,760)
  Inventory at end of period                         60,140,533
  Increase (Decrease) in Inventory for period        (3,597,863)
  Cash at end of period                              24,663,935
  Increase (Decrease) in Cash for period                565,306
  Restricted Cash                                    21,116,740
  Increase (Dec.) in Restricted Cash for period          13,084

LIABILITIES
  Increase (Decrease) in Liabilities
     Not Subject to Compromise                      (56,985,387)
  Increase (Decrease) in Liabilities
     Subject to Compromise                           77,348,845
  Taxes payable:
     Federal Payroll Taxes                            3,887,897
     State/Local Payroll Taxes                        3,809,252
     State Sales Taxes                                  712,596
     Real Estate and Personal Property Taxes          7,691,783
     Other                                            2,538,254
                                                  -------------
     Total Taxes Payable                            $18,639,782
                                                  =============

                    About Interstate Bakeries

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), Baker's Inn(R), Merita(R), Hostess(R) and
Drake's(R).  Currently, IBC employs more than 25,000 people and
operates 45 bakeries, as well as approximately 800 distribution
centers and approximately 800 bakery outlets throughout the
country.

The company and eight of its subsidiaries and affiliates filed for
chapter 11 protection on Sept. 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% senior subordinated convertible notes due Aug. 15, 2014) in
total debts.

The Debtors first filed their Chapter 11 Plan and Disclosure
Statement on Nov. 5, 2007.  On Jan. 30, 2008, the Debtors received
court approval of the disclosure statement explaining their first
amended plan.  IBC did not receive any qualifying alternative
proposals for funding its plan in accordance with the court-
approved alternative proposal procedures.

The Debtors, on Oct. 4, 2008, filed another Plan, which
contemplates IBC's emergence from Chapter 11 as a stand-alone
company.  The filing of the Plan was made in connection with the
plan funding commitments, on Sept. 12, 2008, from an affiliate of
Ripplewood Holdings L.L.C. and from Silver Point Finance, LLC, and
Monarch Master Funding Ltd.

On December 5, 2008, the Bankruptcy Court confirmed IBC's Amended
New Joint Plan of Reorganization.  The plan was filed October 31,
2008.  The exit financings that form the basis for the Plan are
reflected in corresponding debt and equity commitments.

As reported by the Troubled Company Reporter on December 30, 2008,
Interstate Bakeries' Chief Executive Officer Craig D. Jung and
Chief Financial Officer J. Randall Vance said IBC is still
focusing on negotiating and finalizing all documentation for the
Exit Financings and satisfying the remaining conditions precedent
to closing of the various transactions contemplated under the
Plan.  Although progress has been made, significant issues remain
to be resolved, the IBC Officers said.

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


MOTOR COACH: Files Monthly Operating Report for October 2008
------------------------------------------------------------
Motor Coach Industries International, Inc., et al., filed with the
U.S. Bankruptcy Court for the District of Delaware their monthly
operating report for the month ended Oct. 31, 2008.

Motor Coach Industries International, Inc. reported a net income
of $35,699,000 on sales of $23,069,000 for the month ended
Oct. 31, 2008.

At Oct. 31, 2008, Motor Coach Industries International, Inc. had
$203,332,000 in total assets, ($59,663,000) in total liabilities,
and $262,994,000 in total shareholders' equity.

A full text copy of Motor Coach Industries International, Inc., et
al.'s monthly operating report for the month ended Oct. 31, 2008,
is available for free at:

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

                         About Motor Coach

Wilmington, Delaware-based Motor Coach Industries International,
Inc. -- http://www.mcicoach.com/-- and its subsidiaries
manufacture intercity coaches for the tour, charter, line-haul,
scheduled service, and commuter transit sectors in the U.S. and
Canada.  They also operate seven sales centers and nine service
centers in the U.S. and Canada and is the industry's supplier of
aftermarket parts for most makes and models.  The Company and its
debtor-affiliates filed for separate Chapter bankruptcy protection
with the United States Bankruptcy Court for the District of
Delaware on September 15, 2008 (Lead Case No. 08-12136), to
implement a pre-negotiated restructuring plan to be funded by
Franklin Mutual Advisors, LLC and certain of its affiliates.  The
company's Canadian operations are not included in the filing.
Kenneth S. Ziman, Esq., and Elisha D. Graff, Esq., at Simpson
Thacher & Bartlett LLP, in New York; and Jason M. Madron, Esq.,
and Lee E. Kaufman, Esq., at Richards Layton & Finger, P.A., in
Wilmington, Delaware, represent the Debtors in their restructuring
efforts.  Kurtzman Carson Consultants LLC serves as claims and
notice agent.  Rothschild Inc. and AlixPartners LLP also provide
restructuring advice.  At the time of filing, the Debtors listed
assets of between $500,000,000 and $1,000,000,000 and liabilities
of between $100,000,000 and $500,000,000.


PAPER INTERNATIONAL: Posts $481,806 Net Loss from Oct. 6 - Oct. 31
------------------------------------------------------------------
Paper International, Inc., and Fiber Management of Texas, Inc.,
filed with the U.S. Bankruptcy Court for the Southern District of
New York their monthly operating report for the period from
Oct. 6, 2008, to Oct. 31, 2008.

The Debtors reported a net loss of $481,806 on $0 revenues for the
period.

At Oct. 31, 2008, the Debtors had $125,376,441 in total assets,
$552,748,544 in total liabilities, and $427,372,102 in
stockholders' deficit.

A full-text copy of the Debtors' monthly operating report for the
period from Oct. 6, 2008, to Oct. 31, 2008, is available for free
at http://bankrupt.com/misc/PaperIntlOctoberMOR.pdf

                    About Paper International

Headquartered in Prewitt, New Mexico, Paper International, Inc.
-- http://www.internationalpaper.com/-- is the wholly-owned
direct subsidiary of Corporacion Durango, S.A.B. de C.V., a
corporation organized under the laws of Mexico, which maintains
its principal place of business in Durango, Mexico.  The Debtor
currently owns 100% of the equity shares in Fiber Management of
Texas, Inc., a corporation organized under the laws of Texas, as
well as 100% of the equity shares in non-debtor Durango McKinley
Paper Company, a New Mexico company.  Paper International is a
holding company which has no employees, no operations, and whose
primary assets are its ownership interests in Durango McKinley and
Fiber Management.

Before August 2008, Fiber Management's primary business was the
procurement of paper materials to manufacture recycled paper
products for use by Durango McKinley and other paper manufacturing
affiliates of Corporacion Durango located in Mexico.  In
August 2008, Fiber Management ceased procuring fiber and began
winding up all of its business operations.

The company and Fiber Management filed for Chapter 11 protection
on Oct. 6, 2008 (Bankr. S.D. N.Y. Lead Case No.08-13917).  Larren
M. Nashelsky, Esq., and Lorenzo Marinuzzi, Esq., at Morrison &
Foerster LLP, represent the Debtors as counsel.  APS Services, LLC
serves as the Debtors' crisis managers.  The Debtors designated
Meade Monger, a managing director of AlixPartners, LLP, an
affiliate of AP Services, as its chief restructuring officer.  The
Court appointed Kurtzman Carson Consultants, LLC as claims agent
in the Debtors' bankruptcy case.

Corporacion Durango filed a voluntary petition for Chapter 15 on
Oct. 6, 2008 (Bankr. S.D. N.Y. case no. 08-13911) in connection
with its reorganization case in Mexico under Mexico's Ley de
Concurson Mercantiles in the District Court for Civil Matters for
the District of Durango.


PAPER INTERNATIONAL: Posts $292,079 Net Loss in November 2008
-------------------------------------------------------------
Paper International, Inc., and Fiber Management of Texas, Inc.,
filed with the U.S. Bankruptcy Court for the Southern District of
New York their monthly operating report for the month ended
Nov. 30, 2008.

The Debtors reported a net loss of $292,079 on $0 revenues for the
month ended Dec. Nov. 30, 2008.

At Nov. 30, 2008, the Debtors had $125,439,719 in total assets,
$553,073,066 in total liabilities, and $427,633,347 in
stockholders' deficit.

A full-text copy of the Debtors' monthly operating report for the
month ended Nov. 30, 2008, is available for free at:

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

                    About Paper International

Headquartered in Prewitt, New Mexico, Paper International, Inc.
-- http://www.internationalpaper.com/-- is the wholly-owned
direct subsidiary of Corporacion Durango, S.A.B. de C.V., a
corporation organized under the laws of Mexico, which maintains
its principal place of business in Durango, Mexico.  The Debtor
currently owns 100% of the equity shares in Fiber Management of
Texas, Inc., a corporation organized under the laws of Texas, as
well as 100% of the equity shares in non-debtor Durango McKinley
Paper Company, a New Mexico company.  Paper International is a
holding company which has no employees, no operations, and whose
primary assets are its ownership interests in Durango McKinley and
Fiber Management.

Before August 2008, Fiber Management's primary business was the
procurement of paper materials to manufacture recycled paper
products for use by Durango McKinley and other paper manufacturing
affiliates of Corporacion Durango located in Mexico.  In
August 2008, Fiber Management ceased procuring fiber and began
winding up all of its business operations.

The company and Fiber Management filed for Chapter 11 protection
on Oct. 6, 2008 (Bankr. S.D. N.Y. Lead Case No.08-13917).  Larren
M. Nashelsky, Esq., and Lorenzo Marinuzzi, Esq., at Morrison &
Foerster LLP, represent the Debtors as counsel.  APS Services, LLC
serves as the Debtors' crisis managers.  The Debtors designated
Meade Monger, a managing director of AlixPartners, LLP, an
affiliate of AP Services, as its chief restructuring officer.  The
Court appointed Kurtzman Carson Consultants, LLC as claims agent
in the Debtors' bankruptcy case.

Corporacion Durango filed a voluntary petition for Chapter 15 on
Oct. 6, 2008 (Bankr. S.D. N.Y. case no. 08-13911) in connection
with its reorganization case in Mexico under Mexico's Ley de
Concurson Mercantiles in the District Court for Civil Matters for
the District of Durango.


SEMGROUP LP: Debtors' Monthly Operating Report -- October 2008
--------------------------------------------------------------

                    SemCrude, L.P., et al.
                  Consolidated Balance Sheet
                    As of October 31, 2008
                        (In thousands)

Cash                                                   $554,881
Accounts receivable                                     890,476
Inventories                                             247,480
Derivative asset                                         34,966
Margin deposits                                           1,000
Income taxes receivable                                       -
Deferred tax asset                                            -
Receivable from affiliate                                99,514
Other current assets                                     53,732
Intercompany                                                  -
                                                 --------------
Total current assets                                  1,882,049
                                                 --------------
Property, plant and equipment                           595,983
Accumulated depreciation                               (120,246)
Pipeline linefill                                        33,683
                                                 --------------
Net property, plant and equipment                       509,420
                                                 --------------
Investment in subsidiaries                              347,339
Long-term derivative assets                                   -
Goodwill                                                 55,773
Investment in affiliates                                121,394
Deferred tax asset                                        1,062
                                                        214,644
Other assets, net                                        96,734
                                                 --------------
Total Assets                                         $3,228,415
                                                 ==============

Subject to Compromise:
Accounts payable                                       $911,954
Book overdrafts                                               -
Accrued liabilities                                   1,101,367
Income taxes payable                                          -
Deferred revenue                                              -
Deferred income taxes                                         -
Derivative liabilities                                        -
Current portion of long-term debt                       150,000
                                                 --------------
Current liabilities subject to compromise             2,163,321
                                                 --------------
Revolver facility                                       665,000
Working capital facility                              1,606,472
Term B notes                                            141,274
Senior notes                                            600,000
Pension obligations                                      13,668
                                                 --------------
Liabilities Not Subject to Compromise:
Accounts payable                                         60,283
Book overdrafts                                               -
Accrued liabilities                                      47,436
Income taxes payable                                          -
Deferred revenue                                          1,154
Deferred income taxes                                         -
Derivative liabilities                                   22,151
Current portion of long-term debt                       120,748
                                                 --------------
Total current liabilities                               251,772
                                                 --------------
Revolver facility                                             -
Working capital facility                                      -
Term B notes                                                  -
Capital lease obligations                                 1,300
Other obligations                                             -
Note payable to parent                                        -
Senior notes                                                  -
Deferred tax liability                                        -
Long-term derivative liabilities                              -
Asset retirement obligation                                   -
Pension obligations                                     594,914
Other long-term liabilities                                 666
Minor interest                                                -
                                                 --------------
Accum. other comprehensive income                       (24,926)
Partners' capital                                    (2,785,046)
                                                 --------------
Total partners' capital                              (2,809,972)
                                                 --------------
Total liabilities and partners' capital              $3,228,415
                                                 ==============

                    SemCrude, L.P., et al.
            Consolidated Statement of Operations
                Month Ended October 31, 2008
                       (In thousands)

Sales
Operating Outside Sales
  Product Sales                                        $165,864
  Services                                                1,458
  Other Operating Revenue                                 1,761
                                                 --------------
Total Outside Operating Sales                           169,083
Trading Activity                                            244
                                                 --------------
Total Outside Operating Revenue                         169,327
Operating Revenue Intercompany                           16,585
                                                 --------------
Total Operating Revenue                                 185,912
Unrealized G/L on Derivatives                            (4,903)
                                                 --------------
Total Revenue                                           181,009

Cost of Goods Sold
  Products                                              179,573
  Transportation & Fuel                                   2,825
  Other                                                     149
                                                 --------------
Total Outside Cost of Goods Sold                        182,547
Cost of Goods Sold Intercompany                          19,778
                                                 --------------
Total Cost of Sales                                     202,325
                                                 --------------
Gross Profit                                            (21,316)

Operating Expenses
  Wages & Benefits                                        3,027
  Field Expenses                                            965
  Maintenance & Repairs                                     723
  Outside Services                                          769
  Property & Equipment Leases & Rents                     5,883
  Insurance Permits Licenses Taxes                          841
  Office                                                    139
  Travel Lodging Meetings                                   105
  Other                                                    (494)
                                                 --------------
Total Operating Expenses                                 11,958

General & Administrative Expenses
  Wages & Benefits                                        4,694
  Miscellaneous                                               1
  Maintenance & Repairs                                      97
  Outside Services                                        1,254
  Property & Equipment Leases & Rents                       425
  Insurance Permits Licenses Taxes                          478
  Office                                                    130
  Travel Lodging Meetings                                    (2)
  Other                                                    (556)
                                                 --------------
Total General & Administrative Expenses                   6,521
                                                 --------------
Earnings before Interest Taxes Depr. Amort.             (39,795)
                                                 --------------
Other (Income) Expenses
Interest Income                                             (59)
Other Income                                             (1,475)
Foreign Currency Transaction (Income) Loss                1,020
Interest Expense                                            729
Depreciation                                              4,373
Amortization                                              1,682
Reorganization                                           26,145
                                                 --------------
Net Profit (Loss)                                      ($72,210)
                                                 ==============

                    SemCrude, L.P., et al.
               Cash Receipts and Disbursements
             October 1 through October 30, 2008

Cash Receipts
  SemCrude, L.P.                                   $14,817,724
  Eaglwing, L.P.                                     1,232,467
  Grayson Pipeline LLC                                       -
  KC Asphalt                                                 -
  SemCrude Pipeline, LLC                                46,216
  SemGas Gathering LLC                                 364,323
  SemKan LLC                                                 -
  SemFuel                                           50,965,358
  SemManagement LLC                                          -
  SemGas Storage LLC                                         -
  SemMaterials LP                                   81,055,755
  SemGas LP                                          9,879,692
  SemGas-Davis Gathering                                     -
  SemTrucking                                           68,547
  SemStream                                         89,910,115
  SemGroup LP                                        1,606,109
  SemGroup Holdings LP                                  51,340
  SemCap LLC                                           179,439
                                                --------------
                                                   250,177,085

Cash Sweeps
  SemCrude, L.P.                                      (442,018)
  Eaglwing, L.P.                                       583,664
  Grayson Pipeline LLC                                       -
  KC Asphalt                                                 -
  SemCrude Pipeline, LLC                            13,164,166
  SemGas Gathering LLC                                (346,469)
  SemKan LLC                                            76,400
  SemFuel                                          (43,378,270)
  SemManagement LLC                                  9,061,977
  SemGas Storage LLC                                     3,598
  SemMaterials LP                                  (56,841,709)
  SemGas LP                                         (1,773,317)
  SemGas-Davis Gathering                                29,230
  SemTrucking                                           (2,909)
  SemStream                                         26,834,997
  SemGroup LP                                       53,030,659
  SemGroup Holdings LP                                       -
  SemCap LLC                                                 -
                                                --------------
Total Cash Sweeps                                           (1)

Cash Disbursements
  SemCrude, L.P.                                   (15,061,015)
  Eaglwing, L.P.                                    (1,758,196)
  Grayson Pipeline LLC                                    (325)
  KC Asphalt                                               (43)
  SemCrude Pipeline, LLC                           (13,099,731)
  SemGas Gathering LLC                                 (58,520)
  SemKan LLC                                          (124,730)
  SemFuel                                           (9,365,701)
  SemManagement LLC                                          -
  SemGas Storage LLC                                    (2,183)
  SemMaterials LP                                  (31,454,154)
  SemGas LP                                         (8,247,345)
  SemGas-Davis Gathering                               (49,034)
  SemTrucking                                          (54,784)
  SemStream                                       (118,682,733)
  SemGroup LP                                      (11,309,358)
  SemGroup Holdings LP                                 (25,875)
  SemCap LLC                                           (27,466)
                                                 --------------
Total Cash Disbursements                          (209,321,193)
                                                --------------
Net Cash Flow                                      $40,855,891
                                                ==============

                      About SemGroup

SemGroup L.P. -- http://www.semgrouplp.com/-- is a
midstream service company providing the energy industry means to
move products from the wellhead to the wholesale marketplace.
SemGroup provides diversified services for end users and consumers
of crude oil, natural gas, natural gas liquids, refined products
and asphalt.  Services include purchasing, selling, processing,
transporting, terminaling and storing energy.  SemGroup serves
customers in the United States, Canada, Mexico, Wales, Switzerland
and Vietnam.

SemGroup L.P. and its debtor-affiliates filed for Chapter 11
protection on July 22, 2008 (Bankr. D. Del. Lead Case No. 08-
11525).  These represent the Debtors' restructuring efforts: John
H. Knight, Esq., L. Katherine Good, Esq. and Mark D. Collins, Esq.
at Richards Layton & Finger; Harvey R. Miller, Esq., Michael P.
Kessler, Esq. and Sherri L. Toub, Esq. at Weil, Gotshal & Manges
LLP; and Martin A. Sosland, Esq. and Sylvia A. Mayer, Esq. at Weil
Gotshal & Manges LLP.  Kurtzman Carson Consultants L.L.C. is the
Debtors' claims agent.  The Debtors' financial advisors are The
Blackstone Group L.P. and A.P. Services LLC.

Margot B. Schonholtz, Esq., and Scott D. Talmadge, Esq., at Kaye
Scholer LLP; and Laurie Selber Silverstein, Esq., at Potter
Anderson & Corroon LLP, represent the Debtors' prepetition
lenders.

SemGroup L.P.'s affiliates, SemCAMS ULC and SemCanada Crude
Company, sought protection under the Companies' Creditors
Arrangement Act (Canada) on July 22, 2008.  Ernst & Young, Inc.,
is the appointed monitor of SemCanada Crude Company and its
affiliates' reorganization proceedings before the Canadian
Companies' Creditors Arrangement Act.  The CCAA stay expires on
Nov. 21, 2008.

SemGroup L.P.'s consolidated, unaudited financial conditions as of
June 30, 2007, showed $5,429,038,000 in total assets and
$5,033,214,000 in total debts.  In their petition, they showed
more than $1,000,000,000 in estimated total assets and more than
$1,000,000,000 in total debts.

(SemGoup Bankruptcy News, Issue No. 20; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000).


SHARPER IMAGE: Files Monthly Operating Report for November 2008
---------------------------------------------------------------

                      Sharper Image Corp.
                         Balance Sheet
                    As of November 30, 2008

ASSETS

Current assets:
  Unrestricted Cash and Equivalents                  $4,079,876
  Restricted Cash and Equivalents                             -
  Trade Accounts Receivable, net                        296,254
  Other Accounts Receivable                           3,139,934
  Notes Receivable                                            -
  Inventories                                           254,335
  Prepaid Expenses                                    1,921,971
  Professional Retainers                                      -
  Deferred Income Taxes/Prepaid Income Taxes         17,042,518
  Debit balances in AP                                1,735,093
                                                   ------------
Total current assets                                 28,469,981

Property and Equipment:
  Real Property and Improvements                      2,926,573
  Machinery and Equipment                                     -
  Furniture, Fixtures and Office Equipment                    -
  Leasehold Improvements                                      -
  Vehicles                                                    -
  Work In Progress                                      451,799
  Less: Accumulated Depreciation                     (1,019,253)
                                                   ------------
Total Property and Equipment                          2,359,118

Other assets:
  Loans to Insiders                                           -
  Other Assets                                       12,611,010
                                                  -------------
Total Assets                                        $43,440,109
                                                  =============

LIABILITIES AND OWNER'S EQUITY

Liabilities not subject to Compromise (postpetition)
  Accounts Payable                                  ($4,177,818)
  Taxes Payable                                        (686,336)
  Wages Payable                                           3,776
  Notes Payable                                               -
  Rent/Leases - Building/Equipment                            -
  Secured Debt - Line of credit                               -
  Other Reserves                                              -
  Liquidation (GOB Sales) Clearing Account          (11,083,350)
  Amounts Due to Insiders                                     -
  Accrual for Unpaid Professional Fees               (2,398,230)
  Other Postpetition Liabilities                              -
                                                  -------------
Total Postpetition Liabilities                      (18,341,958)

Liabilities not subject to Compromise (prepetition):
  Secured Debt - Line of credit                               -
  Secured Debt - Other                               (6,728,048)
  Priority Debt                                               -
  Unsecured Debt (Accounts Payable)                 (47,308,378)
  Expense Accruals and Other Liabilities             (4,308,956)
  Short Term Liabilities                             (3,554,215)
  Deferred (GAAP) rent/landlord allowances etc         (505,668)
  Deferred Tax (Liability)/Asset                     91,920,506
  Deferred Revenue (Gift cards and Royalties)       (34,805,641)
  Other Reserves and allowances                      (2,694,423)
                                                  -------------
Total Prepetition Liabilities                        (7,984,824)
                                                  -------------
Total Liabilities                                   (26,326,781)

Owner's Equity:
  Capital Stock                                        (152,132)
  Additional Paid-In Capital                       (116,716,579)
  Deferred Stock Compensation
    and Stock Repurchase                                180,069
  Retained Earnings - Prepetition                    63,247,322
  Retained Earnings - Postpetition                   36,327,993
                                                  -------------
Net Owner's Equity                                  (17,113,327)
                                                  -------------
Total Liabilities and Owner's Equity               ($43,440,109)
                                                  =============

                      Sharper Image Corp.
                    Statement of Operations
              For Month Ended November 30, 2008

Revenues:
  Gross Revenues                                              -
  Less: Returns and Allowances                                -
                                                  -------------
  Net Revenue                                                 -

Cost of Goods Sold:
  Beginning Inventory                                         -
  Add: Purchases                                              -
  Add: Cost of Labor                                          -
  Add: Other Costs                                        ($449)
  Less: Ending Inventory                                      -
  Cost of Goods Sold                                       (449)
                                                  -------------
  Gross Profit                                              449

Operating Expenses:
  Advertising                                                 -
  Auto and Truck Expense                                      -
  Bad Debts                                               9,859
  Contributions                                               -
  Employee Benefit Programs                                   -
  Insider Compensations                                       -
  Insurance                                                (295)
  Management Fees/Bonuses                                     -
  Office Expense                                              -
  Pension & Profit-Sharing Plans                              -
  Repairs and Maintenance                                 2,971
  Rent and Lease Expense                                 27,673
  Salaries/Commissions/Fees                              51,008
  Supplies                                                    -
  Taxes- Payroll                                              -
  Taxes- Real Estate                                          -
  Taxes- Other                                           80,236
  Travel and Entertainment                                1,328
  Utilities                                               6,065
  Other                                                 110,291
                                                  -------------
  Total Operating Expense Before Depr.                  289,136
  Depreciation/Depletion/Amortization                     6,144
                                                  -------------
  Net Profit (Loss)
    Before Other Income & Expenses                     (294,831)

Other Income and Expenses:
  Licensing Income                                            -
  Interest Expense                                       41,366
  Other Expense                                               -
                                                  -------------
  Net Profit (Loss)
    Before Reorganization Items                        (253,466)

Reorganization Items:
  Professional Fees                                     286,630
  US Trustee Quarterly Fees                                   -
  Interest Earned on Accm Case                                -
  Gain (Loss) from sale of assets                             -
  Other Reorganization Expense                                -
                                                  -------------
  Total Reorganization Expenses                         286,630
                                                  -------------
  Net Profit (Loss)
    Before Income Taxes (Benefit)                      (540,096)
  Income Taxes (Benefit)                                    530
                                                  -------------
  Net Profit (Loss)                                   ($540,626)
                                                  =============

                      Sharper Image Corp.
                    Statement of Cash Flows
               For Month Ended November 30, 2008

Opening Balance                                      $4,039,321

Receipts
  Cash Sales (from stores)                                    -
  Credit Card Settlements                                     -
  Other Settlements                                           -
  Accounts Receivable                                     7,477
  Sale of Assets                                              -
  Interest/Dividend Income                                    -
  Tax Refunds Received                                    5,534
  Collections from vendors                              111,237
  Mail Order/License Deposits, Other Deposits            17,550
                                                  -------------
  Total Receipts                                        141,797

Transfers
  Line of Credit Draw/Pay Down                                -
  Transfers from stores to deposit a/c - sweep                -
  Transfers from concentration to refunds                     -
  Transfers from concentration to payroll                     -
  Other Inter-account transfers                               -
  Transfers from Concentration to Disbursement                -
                                                  -------------
  Total Transfers                                             -
                                                  -------------
  Total Receipts & Transfers                            141,797

Disbursements
  Liquidator Reimbursements                               1,747
  Net Payroll                                            31,789
  Payroll Taxes                                          17,767
  401k                                                        -
  Employee Benefits                                      (4,040)
  Sales, Use & Other Taxes                                1,030
  Inventory Purchases                                         -
  Secured/Rental/Leases                                   4,449
  Insurance                                              24,503
  Administrative                                         18,722
  Selling                                                     -
  Bank/Credit Card Fees/Sales audit adjs                      -
  Refund checks issued (net of stop payments)                 -
  Other                                                       -
  Customs/Duties/Freight                                      -
  Interest and LC fees                                    1,375
  Professional Fees                                       4,499
  US Trustee Quarterly Fees                                   -
  Court Costs                                                 -
                                                  -------------
  Total Disbursements                                   101,842
                                                  -------------
Net Cash Flow                                           $39,955
                                                  =============

                   About Sharper Image Corp.

Headquartered in San Francisco, California, Sharper Image Corp. --
http://www.sharperimage.com/-- is a multi-channel specialty
retailer.  It operates in three principal selling channels: the
Sharper Image specialty stores throughout the U.S., the Sharper
Image catalog and the Internet.  The company has operations in
Australia, Brazil and Mexico.  In addition, through its Brand
Licensing Division, it is also licensing the Sharper Image brand
to select third parties to allow them to sell Sharper Image
branded products in other channels of distribution.

The company filed for Chapter 11 protection on Feb. 19, 2008
(Bankr. D.D., Case No. 08-10322).  Judge Kevin Gross presides
over the case.  Harvey R. Miller, Esq., Lori R. Fife, Esq., and
Christopher J. Marcus, Esq., at Weil, Gotshal & Manges, LLP,
serve as the Debtor's lead counsel.  Steven K. Kortanek, Esq.,
and John H. Strock, Esq., at Womble, Carlyle, Sandridge & Rice,
P.L.L.C., serve as the Debtor's local Delaware counsel.

An Official Committee of Unsecured Creditors has been appointed in
the case.  Cooley Godward Kronish LLP is the Committee's lead
bankruptcy counsel.  Whiteford Taylor Preston LLC is the
Committee's Delaware counsel.

When the Debtor filed for bankruptcy, it listed total assets of
$251,500,000 and total debts of $199,000,000.  As of June 30,
2008, the Debtor listed $52,962,174 in total assets and
$39,302,455 in total debts.

The Court extended the exclusive period during which the Debtor
may file a Plan through and including Sept. 16, 2008.  Sharper
Image sought and obtained the Court's approval to change its name
to "TSIC, Inc." in relation to an an Asset Purchase Agreement by
the Debtor with Gordon Brothers Retail Partners, LLC, GB Brands,
LLC, Hilco Merchant Resources, LLC, and Hilco Consumer Capital,
LLC.

(Sharper Image Bankruptcy News, Issue No. 26; Bankruptcy
Creditors' Service Inc., http://bankrupt.com/newsstand/or
215/945-7000)


TOUSA INC: Files Monthly Operating Report for November 2008
-----------------------------------------------------------

                  TOUSA, Inc., and Subsidiaries
                   Consolidated Balance Sheet
                      As of November 30, 2008

                             ASSETS

Cash and Cash Equivalents:
  Cash in bank                                   $297,358,709
  Cash equivalents (due from title company          1,979,271
     from closings)
Inventory:
  Deposits                                         44,004,490
  Land                                            437,390,188
  Residences completed and under construction     409,313,425
  Inventory not owned                              25,061,774
                                              ---------------
                                                  915,769,877
Property and equipment, net                        13,933,975
Investments in unconsolidated joint ventures       11,403,813
Receivables from unconsolidated joint ventures      4,174,894
Accounts receivable                                26,360,896
Other assets                                       35,499,266
Goodwill                                           11,152,000
                                              ---------------
                                                1,317,632,701
Net Assets of Financial Services                   21,752,307
                                              ---------------
Total Assets                                   $1,339,385,008
                                              ===============

               LIABILITIES & STOCKHOLDERS' EQUITY

Accounts payable and other liabilities           $343,752,736
Customer deposits                                  15,686,812
Obligations for inventory not owned                27,140,247
Notes payable                                   1,606,127,793
Bank borrowings                                   226,950,499
                                              ---------------
Total Liabilities                               2,219,658,087

Stockholders' Equity:
  Preferred stock                                  13,282,725
  Common stock                                        596,042
  Additional paid in capital                      564,630,260
  Retained earnings                            (1,458,782,106)
                                              ---------------
Total Stockholders' Equity                       (880,273,079)
                                              ---------------
Total liabilities and Stockholders' Equity     $1,339,385,008
                                              ===============

                  TOUSA, Inc., and Subsidiaries
              Consolidated Statement of Operations
               For the Period November 1 to 30, 2008

Revenues:
  Home sales                                      $65,387,500
  Land sales                                        4,034,083
                                              ---------------
                                                   69,421,583

Cost of Sales:
  Home sales                                       55,924,685
  Land sales                                        9,466,127
                                              ---------------
                                                   65,390,812
                                              ---------------
Gross Profit                                        4,030,771

Total selling, general and admin expenses          18,613,711
Income (loss) from joint ventures, net                      -
Interest expense, net                               2,278,978
Other (income) expense, net                          (380,193)
                                              ---------------

Homebuilding pretax income (loss)                 (16,481,725)

Financial services pretax income (loss)              (500,540)

Income (loss) before income taxes                 (16,990,265)
Provision (benefit) for income taxes                        0
                                              ---------------

Net Income (loss)                                ($16,990,265)
                                              ===============

                  TOUSA, Inc. and Subsidiaries
       Consolidated Schedule of Receipts and Disbursements
             For the Period November 1 to 30, 2008

Funds at beginning of period                     $278,302,267

RECEIPTS
  Cash sales                                       79,151,462
  Accounts receivable                                  20,625
  Other receipts                                    3,397,358
                                              ---------------
Total receipts                                     82,569,445
                                              ---------------
Total funds available for operations              360,871,712

DISBURSEMENTS
  Advertising                                         905,873
  Bank charges                                          4,254
  Contract labor                                       73,618
  Fixed asset payments                                247,354
  Insurance                                           483,816
  Inventory payments                               39,520,190
  Leases                                              432,297
  Manufacturing supplies                                    -
  Office supplies                                     158,992
  Payroll - net                                     6,513,937
  Professional fees (accounting and legal)          6,326,381
  Rent                                                342,757
  Repairs & maintenance                               327,280
  Secured creditor payments                         5,857,498
  Taxes paid - payroll                                 33,035
  Taxes paid - sales & use                            594,319
  Taxes paid - other                                  169,013
  Telephone                                           216,825
  Travel & entertainment                               67,459
  U.S. Trustee quarterly fees                               -
  Utilities                                            96,980
  Vehicle expenses                                     37,152
  Other operating expenses                          1,103,973
                                              ---------------
Total disbursements                                63,513,003
                                              ---------------
Ending Balance                                   $297,358,709
                                              ===============

                      About TOUSA Inc.

Headquartered in  Hollywood, Florida, TOUSA Inc. (Pink Sheets:
TOUS) -- http://www.tousa.com/-- fka Technical Olympic
U.S.A. Inc., dba Technical U.S.A., Inc., Engle Homes, Newmark
Homes L.P., TOUSA Homes Inc. and Newmark Homes Corp. is a leading
homebuilder in the United States, operating in various
metropolitan markets in 10 states located in four major geographic
regions: Florida, the Mid-Atlantic, Texas, and the West.  TOUSA
designs, builds, and markets high-quality detached single-family
residences, town homes, and condominiums to a diverse group of
homebuyers, such as "first-time" homebuyers, "move-up" homebuyers,
homebuyers who are relocating to a new city or state, buyers of
second or vacation homes, active-adult homebuyers, and homebuyers
with grown children who want a smaller home.  It also provides
financial services to its homebuyers and to others through its
subsidiaries, Preferred Home Mortgage Company and Universal Land
Title Inc.

The Debtor and its debtor-affiliates filed for separate Chapter 11
protection on Jan. 29, 2008. (Bankr. S.D. Fla. Case No. 08-10928).
The Debtors have selected M. Natasha Labovitz, Esq., Brian S.
Lennon, Esq., Richard M. Cieri, Esq. and Paul M. Basta, Esq., at
Kirkland & Ellis LLP; and Paul Steven Singerman, Esq., at Berger
Singerman, to represent them in their restructuring efforts.
Lazard Freres & Co. LLC is the Debtors' investment banker.  Ernst
& Young LLP is the Debtors' independent auditor and tax services
provider.  Kurtzman Carson Consultants LLC acts as the Debtors'
Notice, Claims & Balloting Agent.

TOUSA's direct subsidiary, Beacon Hill at Mountain's Edge LLC dba
Eagle Homes, filed for Chapter 11 Protection on July 30, 2008,
(Bankr. S.D. Fla. Case No.: 08-20746).  It listed assets between
$1 million and $10 million, and debts between $1 million and
$10 million.

The Official Committee of Unsecured Creditors hired Patricia A.
Redmond, Esq., and the law firm Stearns Weaver Weissler Alhadeff &
Sitterson, P.A., as its local counsel.

TOUSA Inc.'s balance sheet at June 30, 2008, showed total assets
of $1,734,422,756 and total liabilities of $2,300,053,979.

TOUSA's Exclusive Plan Filing Period expires Oct. 25, 2008.
(TOUSA Bankruptcy News, Issue No. 29; Bankruptcy Creditors'
Service, Inc., http://bankrupt.com/newsstand/or 215/945-7000).


TRIBUNE CO: Files Initial Monthly Operating Report
--------------------------------------------------
Tribune Co. filed with the U.S. Bankruptcy Court for the District
of Delaware an initial monthly operating report, which includes a
12-month projected cash flow for the months from January to
December 2009 and a list of retainers paid to professionals before
the Petition Date.

                         Tribune Company
              Projected Statement of Cash Flows
                    From January to April 2009
                         (In millions)

                                Jan.     Feb.    March    April
                                -----    -----   -----    -----
Beginning cash                   $500     $596    $584     $559

Receipts:
   Operating Receipts             343      256     244      229
   Other                            -        -       -        -
                                -----    -----   -----    -----
Total Receipts                    343      256     244      229

Disbursements:
   Compensation & Benefits        113      136      93       94
   General AP Disbursements       172      143     237      130
   Capital Expenditures             9        7       7        6
   Restructuring, interest &
     bank fees                     11       11      11       19
                                -----     -----  -----    -----
Total Disbursements              304      297     348      249
Net cash flow from Debtors        39      (41)   (104)     (19)
Net cash flow from non-Debtors    58       29      79       (2)
Ending cash                      $596     $584    $559     $537
                                =====     =====  =====    =====

                       Tribune Company
             Projected Statement of Cash Flows
                   From May to August 2009
                         (In millions)

                                May      June     July     Aug.
                                -----    -----   -----    -----
Beginning cash                   $537     $527    $533     $523

Receipts:
   Operating Receipts             240      288     297      221
   Other                            -        -       -        -
                                -----    -----   -----    -----
Total Receipts                    240      288     297      221

Disbursements:
   Compensation & Benefits         86       96     109       84
   General AP Disbursements       146      157     165      130
   Capital Expenditures             6        8      10        8
   Restructuring, interest &
     bank fees                     11       11      11       19
                                -----     -----  -----    -----
Total Disbursements              249      271     295      241
Net cash flow from Debtors        (9)      17       2      (20)
Net cash flow from non-Debtors    (2)     (10)    (12)      (1)
Ending cash                      $527     $533    $523     $502
                                =====     =====  =====    =====

                        Tribune Company
                Projected Statement of Cash Flows
                 From September to December 2009
                         (In millions)

                                Sep.     Oct.     Nov.    Dec.
                                -----    -----   -----    -----
Beginning cash                   $502     $525    $543     $509

Receipts:
   Operating Receipts             234      249     215      268
   Other                            -        -       -        -
                                -----    -----   -----    -----
Total Receipts                    234      249     215      268

Disbursements:
   Compensation & Benefits         77       80      80      113
   General AP Disbursements        99      127     134      128
   Capital Expenditures             8        9       9       12
   Restructuring, interest &
     bank fees                     11       11      11       19
                                -----     -----  -----    -----
Total Disbursements              196      227     234      271
Net cash flow from Debtors        38       21     (19)      (4)
Net cash flow from non-Debtors   (15)      (3)    (15)      19
Ending cash                      $525     $543    $509     $524
                                =====     =====  =====    =====

                        Tribune Company
                   Initial Operating Report
                     Professional Retainers

  Professional                                        Retainer
  ------------                                       ----------
  Sidley Austin LLP                                  $4,500,000
  McDermott Will & Emery                                500,000
  Cole, Schotz, Meisel, Forman & Leonard, P.A.          415,000
  Alvarez & Marsal North America LLC                    350,000
  Lazard Ltd.                                           200,000
  Paul, Hastings, Janofsky & Walker LLP                 160,000
  Jenner & Block LLP                                    150,000
  Daniel J. Edelman, Inc.                               110,000
                                                     ----------
     Total                                           $6,385,000
                                                     ==========

Headquartered in Chicago, Illinois, Tribune Company --
http://www.tribune.com/-- is a media company, operating
businesses in publishing, interactive and broadcasting, including
ten daily newspapers and commuter tabloids, 23 television
stations, WGN America, WGN-AM and the Chicago Cubs baseball
team.  The company and 110 of its affiliates filed for Chapter 11
protection on December 8, 2008 (Bankr. D. Del. Lead Case No.
08-13141).  The Debtors proposed Sidley Austion LLP as their
counsel; Cole, Schotz, Meisel, Forman & Leonard, PA, as Delaware
counsel; Lazard Ltd. and Alvarez & Marsal North Americal LLC as
financial advisors; and Epiq Bankruptcy Solutions LLC as claims
agent.  As of Dec. 8, 2008, the Debtors have $7,604,195,000 in
total assets and $12,972,541,148 in total debts.  (Tribune
Bankruptcy News; Bankruptcy Creditors' Service Inc.,
http://bankrupt.com/newsstand/or 215/945-7000)


VERASUN ENERGY: Files Monthly Operating Report for November 2008
----------------------------------------------------------------

                   VeraSun Energy Corporation
                         Balance Sheet
                    As of November 30, 2008
                        (In thousands)

Assets

Current Assets:
Cash and cash equivalents                           $13,622,000
Restricted cash                                       1,536,000
Receivables                                                   -
Inventories                                                   -
Prepaid expenses and other assets                     6,180,000
Deferred income taxes                                 3,728,000
                                                 --------------
Total current assets                                 25,066,000

Other Assets:
Debt issuance costs, net                              6,934,000
Other Intangible Assets                                       -
Other Long-Term Assets                                2,632,000
Investment in subsidiaries                        1,450,373,000
                                                 --------------
Total other assets                                1,459,939,000

Property and Equipment, net                           8,000,000
                                                 --------------
Total Assets                                     $1,493,005,000
                                                 ==============

Liabilities and Stockholders' Equity

Current Liabilities:
Accounts payable                                     $1,489,000
Accrued expenses and other liabilities               21,791,000
DIP financing                                        25,658,000
Current maturities of long-term debt                          -
Intercompany (receivable)/payable                   (13,397,000)
                                                 --------------
Total current liabilities                            35,541,000

Long-Term Liabilities:
Long-term debt, less current maturities                       -
Deferred income taxes                                37,295,000
Other long-term liabilities                             481,000
                                                 --------------
Total long-term liabilities                          37,776,000
                                                 --------------
Total Liabilities Not Subject to Compromise          73,317,000

Liabilities Subject to Compromise                   737,067,000
Intercompany (receivable) and
   payable subject to Compromise                   (781,156,000)
                                                 --------------
Total Liabilities Subject to Compromise             (44,089,000)
                                                 --------------
Total liabilities                                    29,228,000

Minority Interest in consolidated subsidiary                  -

Shareholders' Equity:
Common Stock                                          1,586,000
Additional paid-in capital                        1,397,796,000
Retained earnings                                    64,396,000
                                                 --------------
Total Shareholders' Equity                        1,463,777,000
                                                 --------------
Total Liabilities & Shareholders' Equity         $1,493,005,000
                                                 ==============

                   VeraSun Energy Corporation
                     Statement of Operations
              For the Month Ended November 30, 2008

Net Sales                                                     -
Cost of goods sold                                            -
                                                    -----------
Gross profit (loss)                                           -

Selling, general & adm. expenses                       $521,000
Long-lived asset impairment                                   -
                                                    -----------
Operating income (loss)                                (521,000)

Other income (expense):
Interest expense                                     (3,573,000)
Interest income                                          11,000
Other income (expense)                                        0
Reorganization items, net                            (3,139,000)
                                                    -----------
  Total other income (expense)                       (6,701,000)

Income (loss) before income taxes                    (7,221,000)
Income tax expense (benefit)                                  -
                                                    -----------
Income (loss) before minority Interest               (7,221,000)
Minority interest in net (gain)
  loss of subsidiary                                         -
                                                    -----------
Net Income (Loss)                                   ($7,221,000)
                                                    ===========

                      About VeraSun Energy

Headquartered in Sioux Falls, South Dakota, VeraSun Energy Corp.
-- http://www.verasun.comor http://www.VE85.com/-- produces and
markets ethanol and distillers grains. Founded in 2001, the
company has a fleet of 16 production facilities in eight states,
with 14 in operation.

The company and its debtor-affiliates filed for Chapter 11
protection on Oct. 31, 2008, (Bankr. D. Del. Case No. 08-12606)
Mark S. Chehi, Esq. at Skadden Arps Slate Meagher & Flom LLP
represents the Debtors in their restructuring efforts.
AlixPartners LLP serves as their restructuring advisor. Rothschild
Inc. is their investment banker and Sitrick & Company is their
communication agent.  The Debtors' claims noticing and balloting
agent is Kurtzman Carson Consultants LLC.  The Debtors'
total assets as of June 30, 2008, was $3,452,985,000 and their
total debts as of June 30, 2008, was $1,913,214,000.

VeraSun Bankruptcy News, Issue No. 11; 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.

The Sunday TCR delivers securitization rating news from the week
then-ending.

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.  Ronald C. Sy, Joel Anthony G. Lopez, Cecil R. Villacampa,
Luke Caballos, Sheryl Joy P. Olano, Carlo Fernandez, Christopher
G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2009.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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are $25 each.  For subscription information, contact Christopher
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                   *** End of Transmission ***