Law:
The long-feared surge in bankruptcies is now under way
(DBN Subscription Required)
Weil Received $5 Million from Lehman During Crisis
(DBN Subscription Required)
Lehman's Bounty: Big Bankruptcy Fees
(NYT: separate free registration required)
Weil's Lehman Bankruptcy Bonanza
(DBN Subscription Required)
Sullivan, Davis Polk win roles on $37.8bn AIG deal
(DBN Subscription Required)
Rodge Cohen's 'Five Weeks in Hell'
(DBN Subscription Required)
H. Rodgin Cohen: Earning his keep
(DBN Subscription Required)
Dealmaker of the Week: Slaughter and May's Nigel Boardman
(DBN Subscription Required)
Wall Street Crisis Creates Too Much Work for Weary Bank Lawyers
(DBN Subscription Required)
Leaked Document Gives Details of Heller Debt, Assets
(DBN Subscription Required)
118-year-old Heller Ehrman dissolves, employees left searching
(DBN Subscription Required)
Orrick Recruits 27 Heller Ehrman Partners
(DBN Subscription Required)
How Heller's Merger Talks Pushed the LA Managing Partner out the Door
(DBN Subscription Required)
Heller Dissolution: A Look at the Creditors
(DBN Subscription Required)
Where the Jobs Are
(DBN Subscription Required)
Law-Firm Theme of the Day: Hunger
(DBN Subscription Required)
Difficult Choices for Law Firms: Borrow More or Pay Partners Less
(DBN Subscription Required)
Lightening Gloomy Mood, Law Firm Hosts Poetic Breakfast Meeting
(DBN Subscription Required)
Iceland's Lawyers Prepare for Deep Freeze
(DBN Subscription Required)
Judge in Stevens Trial: 'The Government Knew the Documents Were Lies'
(DBN Subscription Required)
Former Gen Re Lawyer Could Face Life in Prison
(DBN Subscription Required)
Companies Collapse, Preferred Shareholders Sue
(DBN Subscription Required)
BigLaw Turns to Creative Financing to Close Deals in Tight Credit Market
(DBN Subscription Required)
Before Carcieri v. Kempthorne, It's Olson v. Larisa
(DBN Subscription Required)
'Defiant' Lawyer Tussles for Chance to Argue Supreme Court Case
(DBN Subscription Required)
Connecticut Court on the Verge of Bankruptcy
(DBN Subscription Required)
Lawyers You'll Swear At, Not Work For
(DBN Subscription Required)
Lawyer Couple Travels the World
(DBN Subscription Required)
It's Bonus Time at Law Firms
(DBN Subscription Required)
Where Is He Now? An Update on Jeremy Anderson, Lawyer Turned Bachelorette Contestant
(DBN Subscription Required)
3L: Ready For Some Action
(DBN Subscription Required)
Lawyers Face Criminal Liability for Failing to Encrypt E-Mail
(DBN Subscription Required)
______________
Judges:
9th Circuit's Kozinski Faces New Misconduct Complaint
(DBN Subscription Required)
______________
Wall Street:
U.S. Futures Slump
(DBN Subscription Required)
Friday Feeding: Wall Street seen adding to global rout
(DBN Subscription Required)
Global Markets Dive in Relentless Selloff
(NYT: separate free registration required)
Nikkei has biggest one-day drop since '87 stock crash
(DBN Subscription Required)
London shares bloodbath
(DBN Subscription Required)
Indian market crashes as panic grips global equities
(DBN Subscription Required)
Australia Stocks Slump in Biggest Fall Since October 1987 Crash
(DBN Subscription Required)
US Stocks Tumble, Sending Dow Below 9000; GM, Insurers Slide
(DBN Subscription Required)
Share price falls blamed on short selling return
(DBN Subscription Required)
Market's 7-Day Rout Leaves U.S. Reeling
(WSJ: separate paid subscription required)
Stocks are on track for their worst year since 1937
(DBN Subscription Required)
Dow, S&P reach important downside targets
(DBN Subscription Required)
Go To Law School?
(DBN Subscription Required)
GE's Net Falls 22%
(WSJ: separate paid subscription required)
GE hits revised numbers for third quarter, will maintain dividend
(DBN Subscription Required)
World stocks mixed Thurs. in wake of rate cuts
(DBN Subscription Required)
Morgan Stanley Drops as Much as 25% as Short Selling Resumes
(DBN Subscription Required)
Morgan Stanley Credit Rating May Be Cut by Moody's
(DBN Subscription Required)
Morgan Stanley Under Assault
(NYT: separate free registration required)
What's Eating Morgan Stanley?
(DBN Subscription Required)
The last days of Morgan Stanley?
(DBN Subscription Required)
Goldman's outlook revised to negative by Moody's
(DBN Subscription Required)
Rescue Was Sold Softly to the Street
(WSJ: separate paid subscription required)
US Mutual Fund Withdrawals a Record as Investors Choose Banks
(DBN Subscription Required)
Rising CD Rates Make Banks a Safe Harbor for Cash
(DBN Subscription Required)
Reserve says its money funds seeking guarantees
(DBN Subscription Required)
Manager of buck-breaking money fund liquidates 15 more
(DBN Subscription Required)
Will Asian financial centers overtake Wall Street?
(DBN Subscription Required)
Hedge Funds May Cut Volatility as Short-Sale Ban Ends
(DBN Subscription Required)
______________
Bankruptcy Reform:
Bankruptcy reform provision could return next year
(DBN Subscription Required)
Senate Report on Proposed Bankruptcy Legislation
(DBN Subscription Required)
______________
Sovereign Debt:
Nation's Debt: It's Not Being Rescued It's Being Moved Around
(DBN Subscription Required)
Running up the red-ink score
(DBN Subscription Required)
IMF Speeds Access to Emergency Funds as Emerging Markets Buckle
(DBN Subscription Required)
______________
M&A:
Huntsman Cuts Apollo Down To Size
(DBN Subscription Required)
Apollo moves on Huntsman deal, other mergers in doubt
(DBN Subscription Required)
______________
Oil/Gas:
Oil sinks as economy falters
(DBN Subscription Required)
Lacking Credit, Trust, Banks Exiting Physical Energy Markets
(WSJ: separate paid subscription required)
OPEC to Meet Nov. 18, 'Likely' to Cut Oil Production
(DBN Subscription Required)
Oil Set for Biggest Weekly Drop Since 2004 on Commodity Slump
(DBN Subscription Required)
Oil's Drop Squeezes Producers
(WSJ: separate paid subscription required)
______________
Politics:
Lawmakers, Questioning Fed Bailout, Seek AIG `Junket' Refund
(DBN Subscription Required)
Baucus questions second AIG loan
(DBN Subscription Required)
Carter slams Bush on market crisis
(DBN Subscription Required)
Alaska Supreme Court Refuses to Halt Palin Probe
(DBN Subscription Required)
Further US bail-out hearings possible
(DBN Subscription Required)
What Letter was McCain Referring To?
(DBN Subscription Required)
The Manicures Don't Matter; the Campaign Contributions Do
(DBN Subscription Required)
______________
Aviation:
Delta stock plummets amid economic downturn
(DBN Subscription Required)
Sun Country Needed $7 Million
(DBN Subscription Required)
Sun Country owes $3.97M to 20 unsecured creditors
(DBN Subscription Required)
Phoenix's Mesa Air Group slashing up to 250 jobs
(DBN Subscription Required)
US airline shares hit market turbulence
(DBN Subscription Required)
Darkening skies
(DBN Subscription Required)
Airline industry faces 'year of hell'
(DBN Subscription Required)
Alitalia suitors extend offer to end of October
(DBN Subscription Required)
Lufthansa Seeks Management Role in Alitalia
(DBN Subscription Required)
______________
Retailing:
Hilco, others, named in lead bidder group for Linens
(DBN Subscription Required)
Liquidators make LNT stalking horse bid
(DBN Subscription Required)
Consumers wary of gift cards as bankruptcies loom
(DBN Subscription Required)
Consignment Stores See Influx of Business
(DBN Subscription Required)
Circuit City could be headed for bankruptcy
(DBN Subscription Required)
______________
Turnarounds:
Manchester, Platinum named top turnaround firms
(DBN Subscription Required)
______________
Newspapers:
Creative Loafing "Bankruptcy" Enters "Day 2"
(DBN Subscription Required)
Man Bites Dog, Paper Sues Readers
(DBN Subscription Required)
______________
Layoffs:
Micron to Cut 2,850 Jobs
(DBN Subscription Required)
Brunswick Corp. to Eliminate 1,450 Jobs in Four Plant Closings
(DBN Subscription Required)
______________
Credit Counseling:
Credit Counselors See Increase in Business
(DBN Subscription Required)
______________
Horse Racing:
Racehorse Prices Drop in Europe as Credit Freeze Hurts Sales
(DBN Subscription Required)
______________
Credit Cards:
The Next Meltdown: Credit-Card Debt
(DBN Subscription Required)
______________
Food/Drink:
Archway in debt up to $500 million
(DBN Subscription Required)
______________ |
|
Economy:
Paulson 'actively' eyes bank investment
(DBN Subscription Required)
Treasury may capitalize banks by end October
(DBN Subscription Required)
Plan B: Flood Banks With Cash
(NYT: separate free registration required)
U.S. Weighs Backing All Bank Deposits
(WSJ: separate paid subscription required)
Me-First Attitude Won't Rescue Banks, Economy
(DBN Subscription Required)
Cost of US Crisis Action Is Growing, Along With Debt, Deficit
(DBN Subscription Required)
US under pressure to rush out cash injection
(DBN Subscription Required)
Fed Loans to Commercial Banks Almost Double to $98 Billion
(DBN Subscription Required)
Lawmakers Weigh Plan for Additional Stimulus
(NYT: separate free registration required)
US Treasury May Buy Stakes in Banks Within Weeks
(DBN Subscription Required)
What tools are left for fixing the economy?
(DBN Subscription Required)
How to really fix the financial crisis
(DBN Subscription Required)
Fed's Stern: Hard to say when credit crisis will ease
(DBN Subscription Required)
Schwarzenegger Tells Paulson Fed Rescue Is Working
(DBN Subscription Required)
Bush Plans Statement to 'Assure' Nation About Economy
(DBN Subscription Required)
As Consumers Reduce Their Spending, Wholesale Inventories Are Rising
(NYT: separate free registration required)
IMF takes action to stem crisis
(DBN Subscription Required)
Bush seeks "common policy" with Europe on finance crisis
(DBN Subscription Required)
Economists Expect Deeper Crisis
(WSJ: separate paid subscription required)
Fed's Stern Optimistic on Treasury Plan to Buy Assets
(DBN Subscription Required)
US weekly jobless claims fall 20,000 to 47,8000
(DBN Subscription Required)
The $700 Billion Bailout's No Confidence Vote
(DBN Subscription Required)
Is Bling Over?
(WSJ: separate paid subscription required)
Households face 'perfect storm'
(DBN Subscription Required)
Consumers forced to rethink buying patterns
(DBN Subscription Required)
The New Age of Frugality
(DBN Subscription Required)
Keeping Wary Eye on Crime as Economy Sinks
(NYT: separate free registration required)
Top Ten Ways to Make the Financial Crisis More Fun :)
(DBN Subscription Required)
Biz professors say worst yet to unfold
(DBN Subscription Required)
______________
Real Estate:
Developer sues Soros, Fortress, Cerberus
(DBN Subscription Required)
They Warned Us About the Mortgage Crisis
(DBN Subscription Required)
Sheriff in Chicago halts foreclosure evictions
(DBN Subscription Required)
Hurray for Sheriff Dart
(DBN Subscription Required)
Sheriff Stops Chicago Foreclosure Evictions, Is Taken to Court
(DBN Subscription Required)
AG Wasden in negotiations with Countrywide
(DBN Subscription Required)
Even the wealthy are nervous about buying a house today
(DBN Subscription Required)
______________
Banking:
Citigroup Ends Negotiations Over Wachovia Takeover
(DBN Subscription Required)
With the Citi/Wachovia Talks Done, Where Does the Fight Go From Here?
(DBN Subscription Required)
Citi to let Wells have Wachovia, but it still plans to sue
(DBN Subscription Required)
Citi, Wells reportedly finding more junk in Wachovia's trunk than expected
(DBN Subscription Required)
Citi, walk away from Wachovia!
(DBN Subscription Required)
National City reportedly in sale talks
(DBN Subscription Required)
How National City got to this point
(DBN Subscription Required)
Is National City Next?
(DBN Subscription Required)
BofA to push ahead on Merrill despite fall in shares
(DBN Subscription Required)
______________
Lehman:
Lehman Failure May Spark Record Payout for Credit Swap Sellers
(DBN Subscription Required)
Lehman CDS settlement: Market edgy
(DBN Subscription Required)
Lehman Bond Probe Widens
(WSJ: separate paid subscription required)
Lehman bankruptcy causes SunCal to suspend operations at Oak Knoll
(DBN Subscription Required)
List Of Companies Reporting Lehman Bros Exposure
(DBN Subscription Required)
Barclays to cut 3,000 after Lehman deal
(DBN Subscription Required)
US letting Lehman fail seen as straw which broke credit markets
(DBN Subscription Required)
Lehman seeks to sell hedge fund stake
(DBN Subscription Required)
What Weil Wants for Lehman Bros. Bankruptcy Work: $355 to $950/Hour
(DBN Subscription Required)
T. Boone Pickens sues Lehman Bros. for $59.9M
(DBN Subscription Required)
Did JPMorgan Chase Make Itself a Target in Fights Over Lehman Funds?
(DBN Subscription Required)
Medical Device Company Cites Lehman in Sell-Off
(NYT: separate free registration required)
Lehman Brothers Portrait Sells for $10K
(DBN Subscription Required)
The Price Of Dick Fuld's Head
(DBN Subscription Required)
Moonlight Basin laying off employees
(DBN Subscription Required)
______________
Derivatives:
The Next $350 Billion Hole
(DBN Subscription Required)
For Derivatives Investors, a Day of Reckoning
(NYT: separate free registration required)
Greenspan Backed Derivatives
(DBN Subscription Required)
Leveraged Loan Index Plummets as Hedge Funds, Banks Sell Assets
(DBN Subscription Required)
______________
Boating:
Meridian Yachts to shut down; hundreds to lose jobs
(DBN Subscription Required)
______________
Municipalities:
Alabama county panel extends sewer-debt standstill
(DBN Subscription Required)
Ten US States Now Facing Bankruptcy
(DBN Subscription Required)
Orleans Parish School Board Faces Financial Crisis
(DBN Subscription Required)
______________
Fraud:
Petters to remain in jail; Feds had no idea of scheme until whistleblower called
(DBN Subscription Required)
Layoffs coming at Petters companies
(DBN Subscription Required)
Ex-Duane Reade Chief Cuti Charged With Fraud by US
(DBN Subscription Required)
5 indicted in Houston in $17M mortgage fraud scheme
(DBN Subscription Required)
______________
Furniture:
Stalking a Home Furnishings Turnaround
(DBN Subscription Required)
______________
Insider Compensation:
No Spas, No Riches, No Reward for Failed Execs
(DBN Subscription Required)
Executive Compensation, Lehman Brothers, and the Delaware Courts: An Absence of Meaningful Standards and the Consequences
(DBN Subscription Required)
The Emergency Economic Stabilization Act Of 2008 Extensively Regulates Executive Compensation, But Leaves Many Unanswered Questions
(DBN Subscription Required)
______________
Bonds:
Bond market could be next trouble spot
(DBN Subscription Required)
______________
Health Care:
Lincoln Park Hospital may close
(DBN Subscription Required)
Bad Debt On The Rise For Hospitals
(DBN Subscription Required)
Trinity's sale to lender approved
(DBN Subscription Required)
______________
Predatory Lending:
Payday Lending Meltdown in Arkansas
(DBN Subscription Required)
______________
Trucking:
JHT plan gains confirmation
(DBN Subscription Required)
______________
Bankruptcy Crimes:
Former congressional candidate Sekhon indicted
(DBN Subscription Required)
______________
Tech:
Silicon Valley Feels Credit Squeeze
(WSJ: separate paid subscription required)
Is That the Sound of the Silicon Valley Web 2.0 Bubble Bursting?
(DBN Subscription Required)
______________
History:
Wildcats, Defaults And A Near-Death Experience
(DBN Subscription Required)
______________
Mining:
Asarco, Grupo Mexico far apart on damages
(DBN Subscription Required)
Copper Drops to 2 1/2 Year Low as Metals Slump on Credit Crunch
(DBN Subscription Required)
______________
Accounting:
Analyst warns of run on audit firm
(DBN Subscription Required)
Help to troubled clients should be 'more proactive'
(DBN Subscription Required)
Paulson appoints rescue CFO
(DBN Subscription Required)
KPMG bolsters its forensic team
(DBN Subscription Required)
Fair value suspension would be 'obfuscation'
(DBN Subscription Required)
Standard setters to challenge 'mark-to-Paulson' accounting
(DBN Subscription Required)
IASB eases fair value for banks
(DBN Subscription Required)
Senior E&Y consultant in Latvian prison
(DBN Subscription Required)
Global strategy pays off for E&Y
(DBN Subscription Required)
______________
Telecoms:
ITSA files for Chapter 15
(DBN Subscription Required)
______________
Hedge Funds:
An industry suffers, and regulators have not helped
(DBN Subscription Required)
______________ |
|
New Bankruptcy Opinions
(No new opinions today)
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:
(1), (2), (3), (4), (5), (6), (7), (8), (9), (10)
(DBN Subscription Required)
____________
Insurance:
Insurance Industry Joins Banking Giants on the Hot Seat
(NYT: separate free registration required)
New AIG loan renews concerns over insurer's health
(DBN Subscription Required)
When $85 Billion Just Isn't Enough
(NYT: separate free registration required)
AIG's new Fed debt may leave little for shareholders
(NYT: separate free registration required)
AIG Races to Sell Assets
(WSJ: separate paid subscription required)
Senate chair gets mad over AIG retreat
(DBN Subscription Required)
AIG and Public Perception
(DBN Subscription Required)
AIG Cancels Another Resort Meeting After Criticism
(DBN Subscription Required)
AIG Frozen Out by Credit Crunch
(DBN Subscription Required)
Insurers shares sink amid concerns about capital needs
(DBN Subscription Required)
XL Drops Most Since Going Public on Investment-Loss
(DBN Subscription Required)
MetLife sells stock at a discount to raise $2bn
(DBN Subscription Required)
Insurers expected to show big 3Q profit declines
(DBN Subscription Required)
______________
Committees:
AHM borrowers get their own committee
(DBN Subscription Required)
______________
Autos:
GM, Ford May Face Bankruptcy on Slowdown, S&P Says
(DBN Subscription Required)
Market drop revives talk of bankruptcy
(DBN Subscription Required)
GM says bankruptcy not option it is considering
(DBN Subscription Required)
GM and Ford may be too big to fail
(DBN Subscription Required)
RenCen refinance splits GM board
(DBN Subscription Required)
JD Power cuts US auto sales forecast
(DBN Subscription Required)
Auto Loan Delinquencies Increase
(DBN Subscription Required)
Michigan's surrender still far away
(DBN Subscription Required)
S&P puts GM on list for potential downgrade
(DBN Subscription Required)
S&P may cut Ford Motor, Ford Motor Credit ratings
(DBN Subscription Required)
Plunging vehicle sales put future of Ford in doubt
(DBN Subscription Required)
Emerging markets' car sales moving into the slow lane
(DBN Subscription Required)
GM, Ford drive off the Wall Street cliff
(DBN Subscription Required)
Wipeout on Wall Street II - The GM edition
(DBN Subscription Required)
Toyota Says 0% Loans Spur Dealer Traffic
(DBN Subscription Required)
Toyota boss: Credit isn't at fault for poor sales
(DBN Subscription Required)
______________
Resorts:
Credit Suisse wants receiver to run Idaho resort
(DBN Subscription Required)
______________
Finance:
Libor for Three-Month Dollars Rises as Cash Injections Misfire
(DBN Subscription Required)
Rate cut loosens credit only at the margins
(DBN Subscription Required)
Buyout Loans Fall on Speculation of Iceland Fire Sale
(DBN Subscription Required)
Suddenly, trade finance is hot again
(DBN Subscription Required)
Credit erosion timeline
(DBN Subscription Required)
Finance Business Weighs on G.E. Results
(NYT: separate free registration required)
______________
Personal Finance:
The psychology of the fall: the bad economy hits hard
(DBN Subscription Required)
______________
Celebs:
Hefner Facing Bankruptcy?
(DBN Subscription Required)
Holly Madison confirms split from Hefner
(DBN Subscription Required)
______________
UK:
Gordon Brown considers legal action against Iceland
(DBN Subscription Required)
Banks analyse fine print of bail-out
(DBN Subscription Required)
Lenders seek capital to stay private
(DBN Subscription Required)
Temporary full state ownership is only solution
(DBN Subscription Required)
UK plan to support lending rebuffed
(DBN Subscription Required)
Banks' bad behavior is an issue for the whole class
(DBN Subscription Required)
Bailiffs visit JJB stores over unpaid rents
(DBN Subscription Required)
The crisis and the sex industry
(DBN Subscription Required)
Iceland meltdown puts UK charities, police, councils at risk
(DBN Subscription Required)
Britain officials sent to Iceland over bank deposits
(DBN Subscription Required)
Pound Falls on Concern UK, Iceland Assets Row May Escalate
(DBN Subscription Required)
Brown to Freeze UK Assets of Icelandic Companies in Bank Row
(DBN Subscription Required)
Annual decline is deeper than 90s recession, says Halifax
(DBN Subscription Required)
Mortgage arrears inquiries rise by 50%
(DBN Subscription Required)
Howard Kennedy in turmoil
(DBN Subscription Required)
______________
EU:
Europe is repeating the errors of Asia 10 years ago
(DBN Subscription Required)
______________
Iceland:
Europe scrambles as Iceland's banks fail
(DBN Subscription Required)
The Stunning Collapse of Iceland
(DBN Subscription Required)
Iceland's recovery to take 'years'
(DBN Subscription Required)
Iceland is all but officially bankrupt
(DBN Subscription Required)
Iceland president briefly hospitalized for heart problem
(DBN Subscription Required)
Iceland woes prompt Baugur to seek clarification
(DBN Subscription Required)
Iceland woes hint at contagion
(DBN Subscription Required)
E&Y takes over Heritable's loan book
(DBN Subscription Required)
Flaming Red Herring
(DBN Subscription Required)
Icelanders Look Back To Sea Amid Crisis
(WSJ: separate paid subscription required)
Manitoba feels Iceland's pain
(DBN Subscription Required)
How times changed
(DBN Subscription Required)
______________
Canada:
Flaherty 'Concerned' About Banks Defying Rate Cut
(DBN Subscription Required)
Real estate industry seeks to quell fears
(DBN Subscription Required)
______________
Pakistan:
Country on verge of bankruptcy
(DBN Subscription Required)
Zardari says Pakistan won't go bankrupt
(DBN Subscription Required)
______________
Japan:
Japan May Help Regional Lenders
(DBN Subscription Required)
Japan Lending Growth Slows for First Time in 9 Months
(DBN Subscription Required)
Yamato Life Files For Bankruptcy, Rehabilitation
(DBN Subscription Required)
______________
Australia:
Australian Futures Indicate Stocks Will Fall to 3 1/2-Year Low
(DBN Subscription Required)
______________
Mexico:
Mexico Will Have More Expensive Credit Due to Crisis
(DBN Subscription Required)
Cemex Falls as Citigroup Cuts Rating on Credit Crisis
(DBN Subscription Required)
______________
Middle East:
Dubai's Heavy Debt Load Stirs Concern
(WSJ: separate paid subscription required)
______________
Germany:
Iceland's troubles blow chill wind through Germany
(DBN Subscription Required)
______________
Ireland:
Ireland to extend bank guarantee
(DBN Subscription Required)
______________
Hungary:
Hungarian Bond Market Freezes Up
(WSJ: separate paid subscription required)
______________
Russia:
Russia Approves Loan Plan to Ease Credit Crunch
(NYT: separate free registration required)
Oligarchs Lose $230 Billion
(DBN Subscription Required)
Russia v Bank of New York: How weak can a case get?
(DBN Subscription Required)
______________
Turkey:
Turkey eyes expat savings to help in crisis
(DBN Subscription Required)
______________
India:
ICICI Drops by Record; Holds Press Briefing in Mumbai
(DBN Subscription Required)
______________
Switzerland:
Swiss Jobless Rate Rises for First Time in Five Years
(DBN Subscription Required)
______________
Asia:
S. Korea, Indonesia 'At Risk' to Capital Flight
(DBN Subscription Required)
______________
China:
More Chinese businesses are collapsing - though you would never know it
(DBN Subscription Required)
______________ |