They are only making a profit because all the debt has been moved to the POR. Yes, all the expenses of liquidating the estate would be deducted from the income. The Monthly Operating reports show most of that, but does not break it down as to how much is profit. The MO shows total funds coming into the estate, and funds going out for expenses. Net funds are not all profit. Some could be debt principle repayment for loans due Lehman, etc.
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