Law:

Law firms see opportunity in market tumult
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Allen & Overy associate bonuses to be paid in 2011
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Shockingly Stupid: Legal Team Could Be Charged for Testing Stun Gun on Each Other
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Cheesy law firm website
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Judge Fallon's Privilege Solution
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Judge Busted for Bilking Insurers With Fake Injuries While Golfing, Scuba Diving
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Letting EDD Evidence Speak for Itself
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Summer clerk freebies - the winners and losers
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Qualcomm Cites Client Confidentiality in Discovery Mess
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2nd Circuit's ERISA Ruling Revives Benefits Claim by Firm 'Partner'
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'Excruciatingly Slow' Testimony Results in Added Discovery
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Dollars for Diversity Tactic Drives Change Among GM's Counsel
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The joys of motherhood at White & Case
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How Much Does the ABA Oppose Mandatory Retirement?
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World's 25 Oddest Laws List Includes US
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The Brits' Clementi Commission: Our American Elephant in the Living Room
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Update on the Large (and NOT In Charge) Judge Elizabeth Halverson
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The US News Top 10 Law Schools
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The Madam's Mail
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Say What?!
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Economy:

In credit crisis, feelings matter
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Business Optimism Drops to Lowest Point in 7 Years
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Crisis in Credit
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Toward a More Complex and Difficult Depression
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Markets reel; recession next?
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Will Wall St. Woes Lead to Recession?
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Poole says rate cut only if 'calamity' strikes
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The Fed approved a half-percentage point cut in its discount rate on loans to banks, declaring increased economic uncertainty poses risks for growth
(WSJ: separate paid subscription required)

U.S. stock futures surged Friday after the Fed stepped in with a half-point cut to one of its main interest rates
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Wall Street:

Politicians preach calm as fear, panic rule
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Fear And Loathing On Wall Street
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Food/Drink:

Fertitta takes stand against bondholders
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Assemblywoman tried to help bakery avoid bankruptcy
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Interstate may want reorganization time
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Broussard's Lawyer: He Was Ordered To 'Take The Fall'
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Education:

Co. Responds To Defunct School's Students
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Movies:

Movie Gallery gets extension on debt forbearance
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Manufacturing:

Foss creditors clear key legal hurdle in lawsuit
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Real Estate:

Fannie Mae 2006 Earnings Down 35 Percent
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Fannie bulked up on risky loans in 2006
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Fannie Mae predicts more turmoil
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A Silver Lining In Mortgage Market Turmoil For Lawyers
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Lenders reach ever deeper into reserves
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One Family's Journey Into a Subprime Trap
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Warren: Onion Soup
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Lender set to buy HomeBanc loans now has own problems
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Fidelity, Franklin biggest losers as property funds shed $13 billion
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Countrywide Filing Would Be Bankruptcy Bonanza
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Countrywide's Side: We're Tapping Credit - Embattled lender boosts liquidity by $11.5 billion, and moves to speed up the shift of mortgage operations to Countrywide Bank.
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Primer: What Went Wrong at Countrywide, What's Next
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Analyst Behind Surprise 'Sell' Call On Countrywide Once Worked There
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A rush to pull out cash at Countrywide Bank
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Countrywide Upgraded at BofA
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Housing Starts Slump to 10-Year Low
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Rules get tighter for mortgage lending
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John Edwards may have benefited from subprime lenders foreclosing on Katrina victims
(WSJ: separate paid subscription required)

First Magnus Financial halts lending operations
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American Home May Be Stopped From Servicing Credit Suisse Loans
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Run on Treasury Bills Spurred by Subprime Contagion
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Merrill Lynch's painful lesson in subprime
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Accredited Gets 3rd Deficiency Notice
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Beazer Homes Faces Problem After Problem
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Bear Stearns Cuts 240 Mortgage Jobs
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Housing Starts: It's Going to Get Worse
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Mortgage brokers scramble as lenders batten down
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Bermuda reinsurer faces $3.1 billion in non-prime exposure
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National City to Cut Jobs in Lending Unit
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Autos:

Bankruptcy judge approves tentative union contract for Delphi workers
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Major bondholders support Centerbridge investment in Dana
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Delphi says US bankruptcy court approves sale of catalyst ops
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Auto suppliers to hit 'devastating' stretch
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Refco:

Thomas H. Lee Partners sues auditor over Refco
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Retailing:

Sharper Image continues its march of death
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Sharper Image shares up; bankruptcy denied
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Religion:

Diocese abuse settlement reached, but attorneys still arguing
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Bankruptcy Reform:

Professor Zywicki's Testimony
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Corporate Reform:

Conviction of Ex-Impath Exec Upheld
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
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Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11), (12)
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Enron:

Stance by Bush may gut suits on Enron
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Bonds:

High-yield bonds weaken as trading dries up
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European Bond Yields Drop Most Since Sept. 11 Terror Attacks
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Accounting:

PwC Settles $2.3M Kickback Charge
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Dell says senior management falsified quarterly returns
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Aviation:

Midwest agrees to TPG's $450 million offer
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Health Care:

Checks delayed for Barnert staff
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Theme Parks:

Company wants theme park
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Hedge Funds:

Hedge fund settles SEC charges of failure to report some holdings
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Law Firms Seeing Dark Side of the (Hedge Fund) Boom
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American Biophysics gets set to pay creditor
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KKR: Cashing In on Credit Woes - Private equity giant Kohlberg Kravis Roberts has a plan to use the credit market meltdown to make money for investors
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Queen Mary: Whose default is it?
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US debt jolts world markets
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Corporate America braces for market fallout
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UK:

Fears for pension funds as ý60bn is wiped off shares
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Market slump prompts recession fears
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With blood in the water look to bigger fish
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Accuma setting up fewer debt deals
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FTSE slips back into red
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Japan:

Regulator inspecting exposure of Japanese cos to US subprime
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Germany:

TV Loonland escapes bankruptcy
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Canada:

Baltex, Canada's largest swimsuit maker, folds
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US firm buys longtime Winnipeg outfitter
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Banks bail out $37 billion Canadian asset-backed market
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Finland:

Fewer Companies Declaring Bankruptcy
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Australia:

Australians Ringing Up More Card Debt
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