Law:

Worldwide Bankruptcy Wave About to Hit
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Bankruptcy boosts 'creative lawyering'
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Morrison & Foerster Elects new Bankruptcy Partner
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SEC Implicates Paul Hastings Associate in Alleged Insider-Trading
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Slump Brings Associate Layoffs at Gunderson
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Smaller Firms Pressured Into Layoffs Too
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Sullivan Associates to See Bonuses Cut, but No Pay Freeze
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Bonus Watch: S&C Announces Half-Skadden Bonuses (But May Pay More Come Spring)
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No Grinch at Skadden: Bonuses are $35K to $65K, Blog Says
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A Depressing "Happy Holidays" from Grodsky & Olecki
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Hundreds of Ex-Heller, Thelen Lawyers Still Jobless
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Livin' For The City
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Former Thacher Proffitt partners lobby to retrieve cash
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Some Associates Relieved by Latham's Pay Freeze
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A&O follows market with move to cut US associate bonuses in half
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As Latham goes, so goes the market
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Firm Leverages Billable Hour Animosity to Lure Clients
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Class action law firm has hedge funds in its sights
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Smith Gambrell Opens Office in New York
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How to spot the signs when you may find yourself face to face with a Greyhound
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The Great American Pants Suit, R.I.P.
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How Did Lawyers Enable the Meltdown?
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How I Made Partner at . . . Boies Schiller: ‘Get Out of the Weeds’
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Associates Hop Slightly for Half-Hearted Joy at Halved Bonuses
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How Original: Collapsed NY Firm Stalled Creditors With the "Check Is in the Mail"
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Dreier Receiver Seeks Necessary Payments
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Two Lonely Lawyers Left at Dreier LLP
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Fast Living, Bold Ambitions Drove Lawyer's Rise and Fall
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Who are Dreier's Creditors? The Usual . . . And Recruiters
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Squire Sanders Names New Bankruptcy Partner
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As Economy Worsens, More Lawyers Being Targeted in Malpractice Suits
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Trend shows outside counsel being left outside as budget cuts increase
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Genson and Blago Dive Down the Rabbit Hole in Chicago
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Credit Crisis Spurs Unprecedented Volume of Litigation
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Quinn Emanuel Hit With Malpractice Suit
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Ex-Bechtel Lawyer Acquitted in Tax-Credit Prosecution
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Bernie Madoff: A Practice Area Unto Himself
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Bill Lerach Donated to Clinton Foundation
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Credit Crisis Spurs ‘Unprecedented’ Litigation Volume, Firm Says
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‘Jackass’ Court Fracas Spurs 1-Year Suspension Recommendation for Ex-DA
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Ragin' Cajun Courtroom Fracas
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Judges:

Maybe It's in His Jeans: Ex-Judge Loses Again in $54 Million Quest for Pants
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Judge to Receive Reprimand for Court Opinion
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Public Reprimand, But No Fine, for Judge Who Wrote Threatening Letters
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Wall Street:

US Stock Futures Retreat
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European stocks down ahead of expected US sell-off
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Wall Street Slides as Oil Falls Below $40 a Barrel
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A Troubled Asset Becomes a Year-End Bonus
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Some Credit Suisse Bankers Livid Over New Bonus Plan
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The Kind Of Perverse Genius Only The Swiss Could Develop
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Bonus Watch '08: Caxton
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GE, GE Capital Ratings Outlook Cut to Negative by S&P
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Bonus Season to Be More Low-Profile
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Morgan proves that transforming into a commercial bank in this environment won't be easy
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Health Care:

Assisted-living facilities to be sold
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Sherman hospital reopens
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Fitch Affirms Valley Health System (California) Bonds at 'CC'
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Hospital stocks on life support but will survive
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Fate of Mercy still in limbo
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Credit Cards:

Credit-Card Users Feel Pain as U.S. Banks Reap Gain
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Fed Ok's credit card crackdown
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New credit-card rules faulted
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Bank Regulators Move to Rein In Unfair Credit Card Lending Practices
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Does Your Credit Card Comply With the New Fed Rules?
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The Fine Print on the New Credit Card Rules
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Discover posts profit, will seek government help
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Why Are Credit Card Issuers Undermining the Economy?
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Corporate Reform:

Barack Obama lays into SEC for its lack of 'adult supervision'
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Can Mary Schapiro Save the S.E.C.?
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Will Mary Schapiro Lead a Merger of the SEC and CFTC?
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Obama targets Wall Street's 'greed and scheming'
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Fraud:

Madoff Drama Moves into NY Bankruptcy Court
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With Madoff, Even Winners May Lose Out
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How Culpable Were the Auditors?
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How'd Madoff do it? Why? 6 questions
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Madoff Exploited the Jews
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On Excommunicating Bernard Madoff
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How I Got Screwed by Bernie Madoff
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Madoff's Trickle-Down Victims
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Madoff: The Pain Runs Deep
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Bernie Madoff v. LTCM
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Madoff's Mansions
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The Madoff scandal gets weirder and weirder
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Madoff scandal is an affront on many levels
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The Best of Bernie Madoff
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Did Madoff act alone?
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Mort Zuckerman on the Madoff Scandal
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Certified Fraud Examiner Markopolos is Madoff Whistleblower
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Regulators’ Failures May Have Been Crimes
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Harry Markopolos really did have the goods on Bernie Madoff
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The Ponzi scheme in which we're all involved
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The Madoff affair Dumb money and dull diligence
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Con of the century
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“The World’s Largest Hedge Fund is a Fraud”
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Madoff investors hope for bailout
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Michigan foundation closes because of Madoff
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Hedge funds failed to spot Madoff risks
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Bernard Madoff, Trust-Buster
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'A Giant Ponzi Scheme'
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Trump: Cox Innocent, Madoff Sons Not So Much
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Unlikely Player Pulled Into Madoff Swirl
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Spitzer Hit by Madoff
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Why investors don't care about Madoff
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FGG admits Madoff fraud losses total $7.5bn
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Lawyers, others, line up to probe Madoff scandal
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The Madoff Red Flags, Should We Have Known?
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Banks lent billions to Madoff 'feeder funds'
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Minn. budget may be victim of Madoff fraud
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Madoff scandal could lead to tax losses nationwide
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Former Tenn. stockbroker charged with Ponzi scheme
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Park accused of taking $9 million from clients
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Attorneys in Tom Petters cases seek $1 million
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$62 Million SoCal Ponzi Scheme Alleged
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Makings of a Ponzi-demic
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Food/Drink:

Waffle Houses To Be Saved From Bankruptcy
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StarRibs gets continued cash
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Restaurant group files for bankruptcy
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Agriprocessors woes hurting kosher sales
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Darden cuts fiscal 2009 profit guidance on sales
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Municipalities:

New York City 6.3% Jobless Rate Highest Since 2005, State Says
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Isleton And Rio Vista Both Facing Financial Crisis
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Layoff notices set to go out in Yonkers
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Trucking:

Sideswiped by the Economy
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Caterpillar Lays Off 814
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Volvo Sales Drop Dramatically
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FedEx Freight Cuts Jobs
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Layoffs:

New unemployment claims dip, but layoffs continue
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Omnicom cuts 'less than 5 percent' of work force, 3,000 jobs
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Genworth plans to cut 1000 jobs worldwide
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Pay Raises Seen Taking a Hit
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Hundreds of layoffs loom Recession socks Valley steelmaker, auto parts supplier
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Economy:

Obama to Keep Stimulus Under $1 Trillion
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Bailout watchdog: Where’s the spending plan?
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A Break In Bailout Nation?
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The 10 worst bailout boondoggles
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FOX Files FOIA Suit to Get Treasury Info About $700B Bailout
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President Bush Wanted to Avoid a Depression Greater than the Great Depression
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Ben Bernanke's Failure To Communicate
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Index of leading economic indicators falls again
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Little to cheer in jobless report
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Treasuries Head for Best Year Since 1995 as Recession Deepens
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The Vanishing Middle Class
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Bush defends bailouts past (and future?)
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Fed's Fisher says Fed will do whatever it takes
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Unemployment could hit 8%
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Banks, investment firms borrow less from Fed
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Blame the Grinch Who Stole the Economy
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Institute of International Finance Forecasts Global Economic Contraction
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Recession Forecast Blown Up by Subprime Meltdown
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The hypothetical downside scenario
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Why the party lasted so long
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Real Estate:

San Francisco Area Home Prices Drop Record 44 Percent
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Tax Break May Have Helped Cause Housing Bubble
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Foreclosed Homes Selling at a Steep Discount
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Walkaways highest in 'non-recourse' states
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Property bubbles have painful consequences. They also have useful ones
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Home Mortgage Modification Programs Are ‘Flopping’
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Streamlined Loan Modification Program Rolls Out
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Mortgage Rates Left in Dust by Treasuries, Failures
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Mortgage rates at 37-year low
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Landlord bankruptcies may roil US retail turnarounds
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Building Giant Lennar's Shift Leaves Questions
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Hilco sells Levitt’s Memphis portfolio for $14.2M
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1400-home Fanita Ranch project on hold
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Flagstar -- No TARP funds - No Deal
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Vallejo not rushing to action after LMI bankruptcy
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Buyers pick through millionaire's treasure: Items belonging to late Mortgages Ltd. chairman auctioned off to pay creditors
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Realogy Debt Exchange Violates Contracts, Judge Says
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Subprime Fiascos Just Keep Coming
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Walking away from a mortgage no longer unthinkable
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Autos:

Bush to make statement Fri. on auto rescue plan
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Automakers Risk Detour Through Bankruptcy
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Bankruptcy prospect looms for automakers; Bush raises stakes
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Bankruptcy of Big 3 can be heard here, judges say
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Carmakers' woes aren't unique to Detroit
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Bankruptcy option looms as Bush weighs auto aid
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GM, Chrysler Said to Be Poised for US Loans to Get Into March
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NADA Chairman Says 'Auto Bankruptcy of Any Kind is Not an Option'
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Bankrupt Airlines Are OK. Bankrupt Automakers Aren't.
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Bush Weighs ‘Orderly’ Bankruptcy for Automakers
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The GOP kisses the Rust Belt goodbye
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GM bond holders prepare for restructuring battle, hire legal counsel
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A Detroit "Orderly Bankruptcy " Would Require Monumental Marketing
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Done right, bankruptcy plan just might work
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"Orderly" bankruptcy ? Run!
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Bailout Update: Rumors and Real Costs
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Bush ‘Worried’ About Potential for ‘Disorderly’ Auto Bankruptcy
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Bush Has Yet to Decide on Auto Bailout as Companies Idle Plants
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Bush Says He Plans to Address Auto Crisis Before Term Ends
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White House pressured by lawmakers on auto bailout
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Bush: On Cars, Won't Dump 'Major Catastrophe' on Obama
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GM, Ford, Chrysler Idle Plants as Bush Weighs Bailout
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Dealers Feel Production Shutdown Is Minor
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Gates, Lampert keep buying AutoNation
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Auto turmoil short-term: Analysts
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GMAC and Chrysler Financial: The Center of Hope
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GMAC Swap Remains Short of Goal as Pimco Holds Out
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Plant shutdowns give autoworkers holiday blues
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If GM Files Bankruptcy , What Happens to Worker's Pension Funds?
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Ford: The healthiest patient in the ICU
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How a shutdown really saves Chrysler money
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Few Tears for Chrysler
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Why Is GM Bailing Out Cerberus?
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Checker Motors Corp. cut 90 employees in Kalamazoo; expects more
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Miller Auto Center closing its doors
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Creditors prevent Legacy from selling cars
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Banning car dealer shuts down
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Auto workers ponder future amid plant shutdowns
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Wayzata Accelerating into Distressed Auto Supply Industry
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UK auto manufacturers plead for help
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Motown UK feels abandoned over Ford cuts
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Canada's auto parts sector under mounting pressure
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Auto plan casts Chrysler's fate in doubt
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Toyota May Post Annual Operating Loss
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Porsche sales fall as crisis crimps demand
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Oil/Gas:

Crude Oil Tumbles Below $36 as Demand Drop Swells Inventories
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Texas Braces for an Oil Bust
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Oil Set for Weekly Decline as Deepening Recession Cuts Demand
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OPEC Loses Its Muscle
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Producer sues oil companies
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Transport:

FedEx Slashes Spending
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Printing:

Quebecor World Announces the Resignation of Four Directors
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RVs:

On the road to ruin in America's RV capital
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Dog Racing:

Legal questions surround some Hinsdale creditors
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Pensions:

Saving Your 401(k)
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Pension Funds -- the Next Shoe to Drop
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Gambling:

Analyst downgrades Las Vegas Sands on economy
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Trump considers rescue for gaming company
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Tax:

KPMG Tax-Shelter Win Is Mixed for U.S.
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Basketball:

In Some N.B.A. Arenas, the Crowds Are Thin
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Christmas:

Santa gets firsthand look at consumer cutbacks
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Media:

Redstone and Daughter Said to Clash on Debt Plan
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National Amusements extends debt deadline
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Charter debt swap or bankruptcy said possible
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Engineering:

ABB Feels The Crunch
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Predatory Lending:

Loan Companies Owned by Tribes Have Sovereign Immunity
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Personal Bankruptcy:

Seventh Circuit Decides Hotly Debated Means Test Issue
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Auto Rental:

Enterprise hits bumpy road
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Space:

Recession in Space
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Bankruptcy Statistics:

Projected Bankruptcy Filings in 2009
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Student Debt:

TERI OK'd to collect payments
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Chemicals:

Hercules Chemical wins extension
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Insurance:

Genworth Slashes 1,000 Jobs, Take $45 Million Charge
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A Peek Inside Aetna's Books
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Enron:

U. of Calif. begins Enron settlement payments
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