Law:

Cooley, Pachulski on the Death of Filene's Basement
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Womble Carlyle Cuts Salaries, Loses Seven Lawyers to Arent Fox
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Howrey Cuts 25 Staff, Seeks Capital from Equity and Nonequity Partners
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Baker & Daniels Cuts 5 Associates & Others, Imposes Staff Wage Freeze
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Oops. Troutman Accidentally Provides Partial Layoffs Tally
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Herbert Smith set to cut jobs and freeze salaries in London office
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Howard Kennedy to cut 40
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U.K. Lawyer Layoff Roundup; Skadden Expands Sidebar Program
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New dawn at Mayer Brown as firm goes back to roots
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3Ls do the grim math on job market
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What to do about that pesky deferral
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Skadden Staff Attorney Survives Hudson Crash, but Loses Job
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Skadden Offers London Associates a Year Off, Starting at $124,000
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Performance Reviews Get More Stringent During Recession
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Malpractice and Partner Liability at Issue in Heller Bankruptcy
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Litigation Co-Chair Is Latest Partner to Defect from Akin Gump
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Gray Skies Are Gonna Clear Up, Put on a Happy Face
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Sidley Advises AIG on $1.9 Billion Sale of Auto Insurance Unit
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Sweatin' to the Billables
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Such a Deal: Marc Pomerantz Cuts Fees in Dreier Case
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Eckert Seamans Grows Amid Recession
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Zombie Firm Leader Not Dragging His Feet, Takes Up Same Role at Rival
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O'Melveny Chairman Still a Fan of Sarah Palin
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Celebrity Client’s Cyber-Battle Sparks Alleged Threats Against Counsel
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Judges:

A Judicial Opinion on Shakespeare's Plays
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Supreme Court nomination process troubles chief justice
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Final Arguments of Supreme Court Term Filled With Big Cases
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Judge Accused of Skipping Out of Work Agrees to Resign
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Wall Street:

Stocks set to fall at open
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Flood of Earnings Will Test Market's 6-Week Run
(DBN Subscription Required)

Wall Street Finishes Week Higher, but Just Barely
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Business Grads Looking Beyond Wall Street
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Life After Wharton
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More Companies Are Becoming Hesitant to Forecast
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Failed Fund Keeps Investors Waiting
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Banking:

2 More Banks Fail, Lifting This Year's Tally to 25
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FDIC Uses Rare Maneuver to Save Colorado Bank Depositors
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U.S. Regulators Clash on How to Release Banks' Stress Tests Without Damage
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Obama Says He'll Seek ‘Accountability' for Bank Aid
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Feds to put conditions on loan repayments
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Stiglitz Says Bank Rescue Doomed by Obama Administration Wall Street Ties
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Where Did Those Bank Profits Come From?
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Treasury May Retain Grip on U.S. Banks With Warrants After Share Buybacks
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U.S. closed banks match total for all of 2008
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Bank of America Profit Tops Estimates on Housing, Trading Gains
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Pressure mounts on BofA CEO before annual meeting
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Citi trade profitable but now tough to execute
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Citigroup's 1Q Profit No Reason To Exhale
(WSJ: separate paid subscription required)

Bank bailout plan's 'stress tests' already causing stress
(DBN Subscription Required)

The Stress Test Is Useless, If Not Worse
(DBN Subscription Required)

Bank Regulators Clash Over US Stress-Tests Endgame
(DBN Subscription Required)

Stress Test Dud - Fears That Citi Will Come in Dead Last of 19 Banks
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President Obama's dilemma regarding bank stress tests
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Summers Says Banks Must Tap Markets for New Capital
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More bank job losses on tap – but drip, drip
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Emanuel Says Obama Probably Won't Seek More Bank Bailout Funds
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Credit Cards:

Obama to Target Credit Card Fees
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Chase Card Unit Posts Q1 Net Loss
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Theme Parks:

Six Flags Offers Stock for Debt
(DBN Subscription Required)

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Media:

Media General Posts Wider Loss and Cuts 300 Jobs
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Tech:

Unisys Reviewing Debt-Repayment Options as Credit-Line Expiration Looms
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Mass Torts:

W.R. Grace's Lawyers Accuse Prosecutors of Misconduct, Will Seek Acquittal
(DBN Subscription Required)

Does the New Product-Liability Boom Lie . . . Inside the Walls?
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Formation of Task Force Urged for Investigation of Drywall From China
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Chinese-Made Drywall: A Family's Nightmare
(DBN Subscription Required)

Asbestos in Springfield, Missoula and Washington
(DBN Subscription Required)

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Finance:

US bank lending drops in February despite bailouts
(DBN Subscription Required)

Venture capital money down to 1997 levels
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Financial Unit Weighs on General Electric
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Corporate Bonds Are Selling, if There’s a Safety Net
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Bonuses:

Companies Reset Goals for Bonuses
(DBN Subscription Required)

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Arts:

Brooklyn Philharmonic Cancels 2009-10 Season as Donations Fall
(DBN Subscription Required)

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Retailing:

General Growth Ch. 11 no big crisis
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Bon-Ton will continue to work with bankrupt mall owner
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Depression Schtick
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Looking gift cards in the mouth
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Accounting:

E&Y asks staff to take low-pay leave
(DBN Subscription Required)

Male accountants earn up to 50% more than females
(DBN Subscription Required)

Accounting rule worries for US banks
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Court Approves Deloitte's BearingPoint Purchase
(DBN Subscription Required)

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Education:

Bankrupt Broadcast School to be Auctioned Off
(DBN Subscription Required)

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Horse Racing:

Fate of Preakness, Pimlico uncertain
(DBN Subscription Required)

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Agriculture:

No Bull: Chicken farmers hurting
(DBN Subscription Required)

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Resorts:

Double JJ creditors to get cents on the dollar
(DBN Subscription Required)

Potential new Double JJ owners make good impression
(DBN Subscription Required)

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Economy:

Mixed Signals Abound, but Economy Remains Weak
(DBN Subscription Required)

U.S. May Convert Banks’ Bailouts to Equity Share
(DBN Subscription Required)

How Much Could the Government Lose on TARP?
(DBN Subscription Required)

Survey: Economy Declining, but Recession Abating
(DBN Subscription Required)

Goods Orders, Home Sales Probably Fell
(DBN Subscription Required)

California jobless rate highest since 1976
(DBN Subscription Required)

Joblessness Reaches 10% in Indiana; Jumps in Oregon
(DBN Subscription Required)

Jobless Rate Climbs in 46 States
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Economic View It May Be Time for the Fed to Go Negative
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TARP Funds to Common Stock: More Accounting Games
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IMF: 'Worrisome parallels' between now and Great Depression
(DBN Subscription Required)

Extreme uncertainty in world economic outlook: OECD
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Fed's Fisher Says U.S. Credit Markets Have Strengthened, Economy May Grow
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Volcker Says Fed's Authority Will Probably Come Under Congressional Review
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Fed's Kohn, Dudley Defend Size, Scope of Emergency Loan Plans
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U.S. Consumer Sentiment Rises More Than Forecast on Signs Recession Easing
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News from the Ongoing Apocalypse
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Bernanke Says Collapse of Lending Will Likely Cause `Long-Lasting' Damage
(DBN Subscription Required)

Fed mulls taking wider array of collateral
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Volcker sees recovery as "long slog"
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Dudley Says Fears of Scrutiny in TALF Are ‘Misplaced'
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Obama to Cut 'Wasteful' Programs
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10 Ways the New Economy Will Look Different
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Dr Doom's sane guide to the crisis
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Real Estate:

Bankrupt Luxury Community Sold to Same Developer
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Mortgage industry changes throw new hurdles in borrowers' way
(DBN Subscription Required)

US housing sales near bottom: Freddie Mac official
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Walking away has big-time consequences
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Glut of MI condos have real estate agents, developers crying
(DBN Subscription Required)

"In a normal market, this is an $800,000 house"
(DBN Subscription Required)

Prepare for Repricing of Entire CRE Market
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Commercial Real Estate: From 'Best' to 'Worst of Times' in 7 Months Flat
(DBN Subscription Required)

An Insider's View of Commercial Real Estate
(DBN Subscription Required)

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Autos:

Experts: GM Bankruptcy Won't Be the Easy Way Out
(DBN Subscription Required)

Bloom drives auto policies
(DBN Subscription Required)

GM, Shuttering US Plants, ‘Likely' to Build Factory in China
(DBN Subscription Required)

Auto Executives Sees Shift to China
(WSJ: separate paid subscription required)

Deadline Looming, G.M. Also Preparing for Bankruptcy
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Idea of quick GM bankruptcy filing meets with skepticism
(DBN Subscription Required)

GM Chief Concedes Bankruptcy Is Possible
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GM outlines its restructuring plans
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GM near bankruptcy--what happened?
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GM's Bond Plan
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GM Said to Seek UAW Health Accord Shortly After Chrysler Deal
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GM exec says 1,600 will lose jobs in next few days
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GM plant in Janesville to close for good this week
(DBN Subscription Required)

U.S. `Cash-For-Clunkers' Bill May Be Changed to Cover Cars From Overseas
(DBN Subscription Required)

GM readies all-equity offer for debt
(DBN Subscription Required)

Chrysler Financial Drops Request for Additional Funding
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Nardelli’s Letter to Employees on Chrysler Restructuring
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Chrysler's Nardelli Tells Canadian Workers Cuts Must Be Made
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Anxiety over Chrysler's fate runs high
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Chrysler Negotiations Going Nowhere, Slow
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CAW warns against Chrysler bankruptcy
(DBN Subscription Required)

Difference in Canadian law compared with U.S. - 'Can't bust unions through bankruptcy'
(DBN Subscription Required)

Autoworkers not the 'villains,' says CAW economist
(DBN Subscription Required)

Chrysler Canada and CAW to resume talks today
(DBN Subscription Required)

CAW has little wiggle room in Chrysler negotiations but could win some concessions
(DBN Subscription Required)

Obama sticks by auto chief despite NY probe link
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Programs across county at risk if GM wins tax appeal
(DBN Subscription Required)

Saturn dealers dropping out as GM works to unload brand
(DBN Subscription Required)

American Axle, Magna May Lose Most in GM, Chrysler Bankruptcies
(DBN Subscription Required)

Volkswagen may oust Toyota as world leader
(DBN Subscription Required)

Germany ‘Must Do Everything' to Save GM's Opel, Steinmeier Says
(DBN Subscription Required)

GM reportedly to sell controlling stake in Opel for cheap
(DBN Subscription Required)

China brings hope, threat to global automakers
(DBN Subscription Required)

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Gambling:

MGM Pays $70M Toward CityCenter, Incl. Dubai Share
(DBN Subscription Required)

A gigantic bet goes sour
(DBN Subscription Required)

MGM Mirage, Dubai Said to Submit CityCenter Plan to Lenders
(DBN Subscription Required)

Icahn Takes Large Position in MGM Mirage Bonds
(DBN Subscription Required)

Icahn plan for MGM would include Kerkorian
(DBN Subscription Required)

Station Casinos puts land up for sale
(DBN Subscription Required)

Deal, Waivers Loom for CityCenter, MGM Mirage
(DBN Subscription Required)

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Pensions:

In State Pension Inquiry, a Scandal Snowballs
(DBN Subscription Required)

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Aviation:

MD Helicopters chief turning company around in style
(DBN Subscription Required)

Southwest Airlines CEO cuts his base pay
(DBN Subscription Required)

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Photography:

Small details help Polaroid buyers
(DBN Subscription Required)

Polaroid's HQ will leave MN, latest owners say
(DBN Subscription Required)

'Vultures' Vie in Auction For the Remains of Polaroid
(WSJ: separate paid subscription required)

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Municipalities:

Less Stringent Standard Applies to Rejection of Collective Bargaining Agreements by Municipalities in Bankruptcy
(DBN Subscription Required)

States Hope New Business Tax Breaks Revive Economy
(DBN Subscription Required)

Scrutiny Grows on Company Tax Breaks to Gain Jobs
(DBN Subscription Required)

Shaky deals cost Detroit pension funds $90 million
(DBN Subscription Required)

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Newspapers:

Rancor increases for Philly papers
(DBN Subscription Required)

How the Web Could Save Newspapers, or Kill Them
(DBN Subscription Required)

Failing to push paper in a digital age
(DBN Subscription Required)

Rivals circle as Abitibi seeks protection
(DBN Subscription Required)

Loan puts Fairfax in driver's seat
(DBN Subscription Required)

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Celebs:

Bio on Elizabeth Warren in Newsweek
(DBN Subscription Required)

Who Is Elizabeth Warren, and Why Doesn't Corporate Government Care?
(DBN Subscription Required)

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Oil/Gas:

Kivisto played hunches: Execs say as SemGroup LP was slipping, everyone thought their golden boy could pull off a win
(DBN Subscription Required)

Examiner's report reveals relationships
(DBN Subscription Required)

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