Law:
Will GM be Harvey Miller’s Teahupo’o? Shred On, Master Harvey . . .
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Seyfarth Bucks Trend, Publicly Announces Layoffs
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Job Advice for 1Ls Who Are 'Scared to Death'
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Law Firms Working on Collapsed M&A Deals May Never Get Paid
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Arent Fox Adds Bankruptcy Partner
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Law Department Budget Cuts Could Lead to Change in Outside Firms
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The Remarkable Inaction of General Counsels in the Face of Crisis and Budget Crunches
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Lawyer Dreier, ‘Houdini of Impersonation,’ US Says
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Feds Now Say Dreier Bilked Investors Of $380 Million
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Dreier Doing Time Alone: “You Could Lose Your Mind in Three Weeks”
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Who's Getting the TARP Advisory Work, Part II
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Skadden’s Pohl Decamps to Lazard
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A large chunk of ex-Heller, Thelen attorneys remain jobless
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London Pay is Falling Down
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Thacher Proffitt Law Firm Puts Headquarters on the Market as Lawyers Leave
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Report: “If the Deal Falls Through, Thacher Proffitt Will Likely Go Under”
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Faced With Closing the Doors, NY Firm Pursues BigLaw Merger
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Merger Mania: Thacher Proffitt To Be Rescued by King & Spalding?
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Blue Over Revenue: MegaFirm Braces for Tough 2009
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BigLaw Is Making Its List, Checking It Twice, But Will Clients Be Naughty or Nice?
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Auto Bailout Unconstitutional?
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Blagojevich's Legal Bills Top $500,000
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Rod Blagojevich: Bills, Bills, Bills
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Strong Law Firms Stress Productivity Above Collegiality, Consultant Says
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Lawyer Disbarred for Failing to Pay Sanctions, Fees in Holocaust Case
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Ouster of Duquesne Law Dean Proves Divisive
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The Weirdest Legal Cases of 2008
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Judges:
Judicial Discipline Weighed for 'Penny Popping' Judge
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Chief Justice Shows Off Knowledge of New Word
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Wall Street:
Auto Stocks Plunge, Dragging Down Markets
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A day to 'dread' on Wall Street
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World markets drop on rejection of US auto bailout
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Emerging-Market Stocks Fall Most in 3 Weeks on Bailout Failure
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Wall Street tumbles Thurs. on auto bailout worries
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Wall St bonuses to fall 50 pct: NYC comptroller
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The People Have spoken: No Wall Street Bonuses This Year
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Financials ETF drops 6 percent on JPMorgan news
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Morgan Stanley seen posting 2nd loss in 5 quarters
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Autos:
Auto bailout collapses in Senate
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Senate: Drop Dead, Big Three
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Failure Is an Option as Senate Kills Auto Bailout
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Pelosi calls for White House to save autos
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Without Union Concessions, Bankruptcy Better Than A Bailout
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GM’s Time Is Short as Senate Debates Rescue, Vendors Seek Cash
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GM Retains Bankruptcy Counsel
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‘Already Bankrupt’ GM Won’t Be Rescued by $10 Billion US Loan
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GM may still have the cash to make it
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Ford family on tenterhooks as Senate rejects bailout
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Fitch: 7 US auto parts suppliers on negative watch
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Let's Hope the Auto Bailout Has Failed for Good
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GM, Chrysler Survival Options Narrow After Vote Fails
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Detroit workers stunned, angered as bailout stalls
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Specter of Collapse for General Motors and Chrysler
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GM trying to survive for a shot at Plan O -- Obama
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America's carmakers Near the end of the road
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Could the Detroit 3 Become the Detroit 1?
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Toyota says US auto bankruptcy undesirable
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Senator Warns of 'Riots' if Automakers Are Bailed Out
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Republicans Float Auto Bailout Alternative
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Auto Suppliers Share Anxiety Over a Bailout
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Auto Bailout Puts Payment to Banks Ahead of Public, Experts Say
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What’s the Point of Bailing Out the Auto Industry?
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Chapter 11 is the right road for carmakers
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Auto Bailout Appears Halted in Senate as GOP Resists
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US Auto Makers: One Small Rescue Loan. One Big Tax Break.
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Mr Detroit
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Bailout Chrysler When Its Parent Company is Flush with Cash?
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Chrysler Execs Say Cash Will Run Short in January
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Chrysler Won’t Consider Wind Down, President Says
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Chrysler Suppliers Said to Ask for Cash on Bankruptcy Concern
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GM, Cerberus work to cut deal on bailout
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White House works to change GOP minds
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Senate opens debate on auto bailout bill
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Senate GOP leader opposes auto bailout
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Republican backs auto loans if debt-cutting, bondholder changes are added
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Senate GOP Leader: Auto Bill 'Isn't Nearly Tough Enough'
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Nagging questions over Detroit bailout
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McConnell puts Bush in a tight spot
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Conspiracy theories: Sen. Shelby busts UAW; Cerberus kills dealers
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Barney Frank On Auto Bailouts
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Ford's Volvo says unaffected by US bailout collapse
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Remember when Detroit 3 came to nation’s rescue, senators?
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Auto Bailout Appears Dead in Senate as GOP Resists
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GOP senators' auto alternative offers distinction without difference
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White House: Nation 'can't withstand' failure of automakers
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Most Economists Say Detroit Can’t Be Allowed to Fail
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Impact of Big Three Automakers on US Job Market Is Grossly Overstated Says Researcher
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Why Detroit -- Like New York -- Shouldn't Be Allowed To Go Bankrupt
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The Remains of Detroit
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While Detroit Slept
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AutoNation shares decline following downgrade
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If GM Was a Canadian Company It Wouldn't Be Asking for Help
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GM Says Canadian Government Aid by Year End Is ‘Not Impossible’
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Toyota Cancels US Dealer Meeting to Pare Costs as Sales Cool
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GM Europe operating as usual, continuing talks with Germany
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Europe Auto Sector Shares Plunge As US Bailout Stalls
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5500 UK jobs at risk after US car rescue fails
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Renault, Daimler, Suppliers Drop as GM Rescue Blocked
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Insurance:
AIG slashing prices, but may burn taxpayers
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Liddy Says Economic Crisis Is Slowing AIG Asset Sales
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Germany's Globale files Ch. 15
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______________
Finance:
With Recession, VCs Are Talking About Burn Rates Again
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Treasury’s Lowest Yields Offer No Help to Corporate Borrowers
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Dimon Says JPMorgan Is Using Federal Money to Increase Lending
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Commercial Paper at Five-week High
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US, European interbank lending rates fall further
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______________
Municipalities:
America's Ten Fastest-Dying Towns
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Illinois Postpones Note Sale as S&P Considers Credit Rating Cut
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California Budget Gap Widens to $42 Billion as Economy Stalls
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S&P Deals California Harsh Hand
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Governor says Tenn. budget cuts reach 20 percent
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Muni Bond Fees Rise at Fastest Pace Since ‘81 as Investors Flee
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______________
Health Care:
Hospital Struggles to Fulfill Mission
(DBN Subscription Required)
______________
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Economy:
What Does $700 Billion Buy Taxpayers?
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Household Net Worth in US Declines Most on Record
(DBN Subscription Required)
US Producer Prices Fall 2.2% in November; Core Rate Up 0.1%
(DBN Subscription Required)
Treasury Investments Already $16 Billion in the Red
(DBN Subscription Required)
Fed Refuses Bloomberg Request to Name Recipients of $2 Trillion in Lending
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Bernanke Talked to Obama Soon After Lehman Failure in September
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No Question We’re in a Financial Pickle. What Do We Call It?
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Blunt Advice for Treasury on Progress of the Bailout
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US Exports Fall More Than Two Percent
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Economists Expect Another Rate Cut
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Fourth-Quarter GDP: Worse and Worse
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Deficit of $57.2 billion is wider than forecasts; oil imports jumped
(DBN Subscription Required)
Recession seen worsening
(DBN Subscription Required)
Riding the rollercoaster - Six firms in cyclical industries battle excess debt
(DBN Subscription Required)
On behalf of the non-rich, let me say, ‘Enough, already’
(DBN Subscription Required)
How Big Is Bailout? Peel This Onion to Find Out
(DBN Subscription Required)
Stocks Say Recession, but Bonds Say Depression
(DBN Subscription Required)
Banks, investment firms borrow less from Fed
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US Economy Faces ‘Very Deep’ Recession, Rogoff Says
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Credit Crisis, the sequel? Analyst says it's coming - if auto rescue fails
(DBN Subscription Required)
______________
Real Estate:
BlackRock’s Fink Proposes Mortgage Purchases to Obama
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The Many Owners of the Securitized Mortgage
(DBN Subscription Required)
FDIC Chief Sheila Bair Sees Housing Pain Into 2010
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GMAC On Verge of Bankruptcy?
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Freddie Mac mortgage rates at 4-year low
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Mortgage-Rate Plan Has Precedent
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Housing: the key to economic revival?
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Radical ideas for how to fix the housing market
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Stamping Out Equity Stripping In Texas
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______________
Retailing:
US Retail Sales Drop For Fifth Month
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KB Toys Files Bankruptcy , Citing ‘Sudden’ Sales Drop
(DBN Subscription Required)
Trouble in Toyland
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Merry Christmas, Have a Used Bicycle
(DBN Subscription Required)
Mall owner's debt due today
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Fitch downgrades General Growth Properties
(DBN Subscription Required)
Hedge Funds Step Up Pressure on Dillard's
(DBN Subscription Required)
Engagement Bling Loses Some Sparkle
(DBN Subscription Required)
November Spending Drop Bad Even by Recessionary Standards, Neiman Marcus’s 84% Profit Decline, Saks Closes Bridal Salons
(DBN Subscription Required)
Economy may be hurting True Religion
(DBN Subscription Required)
Oahu retail outlook dim, report says
(DBN Subscription Required)
Consumers Shift to Lower-Priced Stores
(DBN Subscription Required)
Kohl's Department Stores Announces Successful Acquisition of 31 of Mervyns Locations
(DBN Subscription Required)
______________
Oil/Gas:
Crude on upswing as Saudis make good on output cuts
(DBN Subscription Required)
Oil falls below $46, Goldman cuts forecast
(DBN Subscription Required)
Oil, gas industry cools off with rest of economy
(DBN Subscription Required)
______________
Consumer Products:
Procter & Gamble Says Quarterly Sales Growth May Slow
(DBN Subscription Required)
______________
Aviation:
Zoom's demise lies in ownership rules
(DBN Subscription Required)
ACE Aviation Surges on Plan to Shed Assets, Dissolve
(DBN Subscription Required)
Very light jet prospects recede as forecaster allows for prolonged recession
(DBN Subscription Required)
Air Canada left exposed, analysts warn
(DBN Subscription Required)
______________
Consumer Debt:
Americans' debt shrinks - 1st time ever - Household debt falls by 0.8% as Americans' net worth falls by largest amount on record on declining home and stock prices
(DBN Subscription Required)
______________
Personal Finance:
In Tough Times, Nannies Get the Ax
(DBN Subscription Required)
______________
Layoffs:
Legacy of Chicago sit-in: empowering laid-off workers
(DBN Subscription Required)
Bank of America Gives Doormaker Loan After Protests
(DBN Subscription Required)
Jobless claims are soaring. Household net worth is plummeting
(DBN Subscription Required)
BofA to Cut Up to 35,000 Jobs
(DBN Subscription Required)
Irony: CareerBuilder Lays Off 300
(DBN Subscription Required)
Fairchild Semi cuts 1,100 jobs, lowers sales view
(DBN Subscription Required)
Elan closing New York, Tokyo offices; cutting jobs
(DBN Subscription Required)
Alcatel-Lucent to Cut 1000 Manager Jobs, Trim Costs
(DBN Subscription Required)
Las Vegas Sands cutting 200 Vegas casino workers
(DBN Subscription Required)
Gildan cuts 400 jobs at Ala., Va. apparel plants
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Furniture Brands cutting 1,400 jobs
(DBN Subscription Required)
Chemtura to cut 500 jobs as demand falls
(DBN Subscription Required)
Friction's Indiana plant to close, idling 461
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White-Collar Unemployment Spreads, Study Says
(DBN Subscription Required)
BofA, Merrill begin research layoffs
(DBN Subscription Required)
______________
Student Debt:
College Bills Wallop Families
(DBN Subscription Required)
______________
Television:
Univision: One More Victim of the Auto Makers Troubles
(DBN Subscription Required)
______________
Advertising:
National titles fall victim to America’s advertising slump
(DBN Subscription Required)
GM ad budget faces slash after US car industry bailout plan rejected
(DBN Subscription Required)
______________
Radio:
Unemployed Radio Hosts Inquire About Prospects
(DBN Subscription Required)
______________
Distressed Investing:
Och-Ziff cuts distressed debt team in Asia
(DBN Subscription Required)
_____________
Tech:
Chartered’s Loss to Widen as Clients Delay Orders
(DBN Subscription Required)
_____________
Derivatives:
Talk, not action behind mystery credit derivatives moves
(DBN Subscription Required)
______________
Magazines:
Newsweek to Cut Back Staff, Slim Magazine in Makeover
(DBN Subscription Required)
______________
Credit Cards:
Visa CEO Loses His Credit Cards
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Nevada Leads U.S. In Incidence Of Bankcard Delinquency
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_____________
Celebs:
JackO's Neverland Ranch Items up For Sale
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Michael Vick's home back on auction block today
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Mining:
Hidden Resources eyes Dec. 17 exit
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Executive Compensation:
Economy prompts businesses to cut exec bonuses
(DBN Subscription Required)
______________
Gambling:
Bankrupt Tropicana may wish it was in Tribune's position
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Sands Drops Jobs, Bonuses as Slump Buffets Las Vegas
(DBN Subscription Required)
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Bankruptcy Humor:
Bankruptcy Haiku #6
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Cross-Border:
Durango wins Ch. 15 motion
(DBN Subscription Required)
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Corporate Governance:
Crisis Makes Boards Info-Insatiable
(DBN Subscription Required)
______________
Resorts:
Ritzy club to open despite money woes
(DBN Subscription Required)
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Recruitment:
Monster Worldwide falls; analyst sees bleak 2009
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______________
Mass Torts:
Ohio Legislature pushing through asbestos bill
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Media:
Debt-laden Redstone eyes theater sales
(DBN Subscription Required)
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory
Chapter 7, 12 & 13 Private Trustee Locator (DBN Subscription Required)
Recent Ch. 11 Filings (DBN Subscription Required)
Bankruptcy Jobs:
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(3)-
(4)-
(5)-
(6)-
(7)-
(8)-
(9)-
(10)
(DBN Subscription Required)
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Banking:
National regulators are looking after number one
(DBN Subscription Required)
Jim Rogers calls most big US banks "bankrupt"
(DBN Subscription Required)
Are Credit Unions in Trouble?
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Wells Fargo to write down $40 billion in Q4, predicts Ladenburg's Bove
(DBN Subscription Required)
Citi Doesn’t Live Here Anymore as Name Comes Off NYC Skyscraper
(DBN Subscription Required)
HBOS Loan Writedowns for 2008 Rise to $7.5 Billion
(DBN Subscription Required)
______________
Bankruptcy Reform:
Let Bankruptcy Judges Alter Mortgages, Lawmakers Urge
(DBN Subscription Required)
______________
Lehman:
Lehman Brokerage Trustee Seeks Subpoena Power to Finish Probe of Collapse
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Lehman Brokerage Trustee Seeks to Probe Management
(DBN Subscription Required)
Catching Up With the Lehman and AIG Asset Sales
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Hong Kong Investors Of Lehman Products Urge Banks For Refunds
(DBN Subscription Required)
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Sports:
Economy Puts Sports on Defensive, Sort Of
(DBN Subscription Required)
______________
Telecoms:
Ciena posts surprise loss, outlook disappoints
(DBN Subscription Required)
Nortel Faces NYSE Delisting
(DBN Subscription Required)
Will It Or Won’t It? Nortel Seeks Bankruptcy Advice
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Nortel urged to file for bankruptcy in advance
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Nortel's 'window for action is closing'
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Group sees telecom equipment market down 8% to 12% in 2009
(DBN Subscription Required)
______________
Hedge Funds:
Citadel's Blood in the Street
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How Hedge Funds and Private Equity Hurt Us
(DBN Subscription Required)
______________
M&A:
The M&A Slowdown by the Numbers–The Case of the Missing Fees
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M&A landscape in '09: vultures and stragglers
(DBN Subscription Required)
______________
Fraud:
Madoff Charged in Fraud of More Than $20 Billion
(DBN Subscription Required)
Madoff Charged in $50 Billion Fraud at Advisory Firm
(DBN Subscription Required)
Former Nasdaq Chair Accused of Huge Fraud
(DBN Subscription Required)
Madoff ‘Big Lie’ Hits Fairfield Sentry, Kingate Funds
(DBN Subscription Required)
Man pleads guilty in $7.9 million fraud scheme
(DBN Subscription Required)
Zurich Financial settles SEC charges, fined $25M
(DBN Subscription Required)
______________
Defaults:
Moody's: Debt Structures Migrate As Firms Approach Default
(DBN Subscription Required)
______________
Tax:
IRS Has Been Decreasing Corporate Taxes Consistently
(DBN Subscription Required)
______________
Packaging:
Chesapeake banks grant further refinance extension
(DBN Subscription Required)
______________
Newspapers:
Moody's Says MediaNews Headed to Default -- With Debt Load Nearly as Big as Tribune's
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The Falling Knife Of Tribune
(DBN Subscription Required)
Sam Zell's judgment day
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Why Chicago Cubs Are Not "Part" Of Tribune Bankruptcy
(DBN Subscription Required)
The Tribune Bankruptcy and Breach of Fiduciary Duty Litigation Over its ESOP
(DBN Subscription Required)
FBI Wants To Chat With Zell
(DBN Subscription Required)
Tribune Bankruptcy Targets Workers
(DBN Subscription Required)
Atlanta Journal Constitution to layoff 156 jobs
(DBN Subscription Required)
Changes expected next week at Detroit papers
(DBN Subscription Required)
A government bailout for the media?
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Blade newspaper in Ohio to lay off 25 workers
(DBN Subscription Required)
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Bankruptcy Prediction:
Predicting Which Stocks Are Going to Zero
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______________
History:
The Recession of 1958
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______________
Food/Drink:
Krispy Kreme Posts Loss
(DBN Subscription Required)
As Agriprocessors cracks up, lawmakers speak out
(DBN Subscription Required)
Pilgrim's Pride loses nearly $1B in fiscal 2008
(DBN Subscription Required)
The trouble with Starbucks
(DBN Subscription Required)
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Adult Entertainment:
Famed Scores, once a top moneymaker, can't jiggle out of financial troubles
(DBN Subscription Required)
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Music:
Curtain falls on operas, classical music as recession hits
(DBN Subscription Required)
______________
UK:
UK faces insolvency 'epidemic' in 2009
(DBN Subscription Required)
Government compensation delay 'betrays' thousands of Equitable Life savers
(DBN Subscription Required)
Norwich and Edinburgh are the cities outside London most likely to feel repercussions from the credit crunch
(DBN Subscription Required)
UK consumers adopt Depression-era mentality
(DBN Subscription Required)
What to do with Britain's banks
(DBN Subscription Required)
UK Credit-Card Companies Bow to Brown, Curb Borrowing Costs
(DBN Subscription Required)
JJB Sports Tumbles as Citigroup Cuts Price Estimate to 1 Penny
(DBN Subscription Required)
Brown Says UK Working on ‘Second Stage’ of Bailout
(DBN Subscription Required)
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EU:
ECB’s Weber Cautions Against Cutting Below 2 Percent
(DBN Subscription Required)
European Industrial Output Plunges Most in 15 Years
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Iceland:
Cracks in the crust
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Italy:
Italy's Public Debt - The ogre in the attic
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Canada:
It's going to be a long, slow grind for BCE shareholders
(DBN Subscription Required)
From Daring to Boring at BCE
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As Buyout Fails, Bell Canada Seeks to Bolster a Struggling Business
(DBN Subscription Required)
Canada Illegally Collected Billions In Worker Taxes, Court Rules
(DBN Subscription Required)
Bank sounds alarm on household debt
(DBN Subscription Required)
Bank of Canada Says Easing Credit Flow to ‘Take Time’
(DBN Subscription Required)
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China:
Slowdown In China Gets Worse
(DBN Subscription Required)
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S. Korea:
Bank of Korea sees 2009 economic growth slowing
(DBN Subscription Required)
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Ukraine:
Ukraine passes laws to battle financial crisis
(DBN Subscription Required)
_____________
Germany:
Merckle sets Friday deadline in debt talks
(DBN Subscription Required)
German MPs say bank bail-out is failing
(DBN Subscription Required)
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Mexico:
Cemex Falls as Santander Predicts ‘Very Weak’ Results
(DBN Subscription Required)
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New Zealand:
New Zealand October Retail Sales Decline 1.3% Amid Job Cuts
(DBN Subscription Required)
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Australia:
Australian 2008 Commercial Property Sales Fall 65%
(DBN Subscription Required)
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Switzerland:
Switzerland may have to print money to stave off deflation
(DBN Subscription Required)
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Japan:
Japan announces new economic stimulus package
(DBN Subscription Required)
______________
Russia:
Official warns Russia already in recession
(DBN Subscription Required)
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