Law:

After Swinging the Ax Hard, BigLaw Firm Hires Former Lehman Brothers Exec and Cataclysm Expert
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Paul Hastings, Chadbourne & Parke, Venable Announce Attorney Layoffs
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Layoff Watch: Paul Hastings Lays Off 131 in Round 3
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Impending Layoff Watch: Blank Rome, Come On Down
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Pepe & Hazard Lays Off
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Pain and Anxiety in Latest Layoffs, Delayed in Hopes of Better Times
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Notes from the Breadline: Soon We'll Be Away From Here; Step on the Gas and Wipe That Tear Away
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‘Frills and Fripperies’ Cut at Law Firms
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Will $144K Become the Norm for BigLaw Associate Starting Pay?
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White & Case Lawyers Wait to Learn Bad News
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Could Cravath Be Next For Layoffs?
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Cravath Asks First-Years to Delay Start Dates -- but With a Twist
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Morgan Lewis Chair is ‘Very Confident & Positive About the Future’
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Fulbright, Paul Hastings Face Suit over Ponzi Payments
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NY Firm Continues Push to Open New Global Offices
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Bruce MacEwen Explains the 'Great De-Leveraging'
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Cussler to Pay Fees in 'Sahara' Dust-Up
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The average intelligence of lawyers has dropped
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In-House Lawyers Feel Economic Pinch
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The Supremes Will Decide Which Economics Makes Legal Sense
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SonicBlue Case Costs Pillsbury $10 Million
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E-Mail Sent on Company Laptop Waives Privilege
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Chicago Lawyer Makes $75,000, But Worries About Bankruptcy
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A Sign of the Decline of Conspicuous Consumption: Lawyer Uses Coupons
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Lawyer Gives Kidney to Courtroom Opponent
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Judges:

Judging . . . A Good Job, But Could it Be Safer?
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University Club ‘Public Service’ Discount for Justices Causing a Stir
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Judge Faces Ethics Charges Over Steamy E-Mails With Former Clerk
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Justice Souter Describes 'Annual Intellectual Lobotomy' During Court Term
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Friends Speculate Justice Stevens Wants to Set Court Longevity Record
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Retired Judge Gets Almost 4 Years in Insurance Fraud Case
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Wall Street:

U.S. Shares Set to Edge Up After Surge on Tuesday
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Europe’s Markets Fall After Asia Rally
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Stocks may step back after surge
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Investors ignore gloomy world economic data
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More gov't control may bump GM, Citi from Dow
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JPMorgan Says S&P 500 Will Bottom by May
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Layoffs:

United Tech cutting 11,600 jobs
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United Technologies to Cut 18,000 Jobs in '09-'10
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Layons:

AT&T to add 3,000 jobs
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Hiring pace not expected to pick up any time soon
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Autos:

Shares of GM, Ford charged up after ride, UAW pact
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Visteon makes payment, avoids bankruptcy
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Delphi Institutes Forced Employee Vacations
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Judge Could Rule On Delphi Lawsuit Today
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GM In Jeopardy As The Bleeding Worsens At Delphi
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Chrysler's New Reality: Just How Real Is It?
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Who Wants to Buy Prebul's Cars?
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Documentary Giant Ken Burns and GM May Part Ways at End of Year
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GM Said to Ready Plan to Divest at Least 50% of Opel
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Toyota to Cut UK Production and Wages by 10 Pct
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Report: Volvo Cars, Volvo Trucks, Scania Set For European Loans
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Corporate Reform:

Bernanke Urges Rules Overhaul to Stem Risk Build-Ups
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Bernanke Proposes Less Restrictive Rules for Money-Market Funds
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Zombies of Regulation Awaken From 8-Year Sleep
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Schumer, Durbin Propose New Consumer Watchdog Agency
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Accounting:

Bernanke: We need improvements to fair value rules
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Mark-to-Market Zealots Kidnapped GAAP
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Nobody Says Mark to Market Doesn’t Matter as GE Falls
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World needs a UK deal to limit auditor liability
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Defaults:

Kodak, MGM Mirage Among Firms at Highest Default Risk
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Aviation:

Sun Country repays bankruptcy credit line; predicts 2009 profit
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Delta’s Weak Demand May Herald More Airline Cutbacks
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Tom Horton talks about bankruptcy for AMR and American Airlines
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American Airlines to cut US capacity 9 percent
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Delta, UA plan deep cuts in overseas flights
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Eclipse Aviation bankruptcy effects felt as far as Japan
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Comair sale now unlikely, Delta says
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EADS warns on A400M debacle
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Lufthansa Profit Falls 64% as Recession Cuts Traffic
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Celebs:

Feds won't bring Vick to Va. bankruptcy hearing
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Michael Vick’s House Fails to Sell at Auction
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Lehman:

Nevada to spend $500,000 in legal fees pursuing $50 million loss
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Who Started the Financial Crisis?
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Lehman buy-out house reborn
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Museums:

Fresno Metropolitan Museum can't pay loan, bills
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Health Care:

Aliquippa Hospital Workers Still Waiting To Get Paid
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Defunct Victory Hospital Settles Medicare Fraud Charges
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Receiver will assume Sunwest oversight
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Up all night: Hard times increase sleep disorders
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Commonwealth Medical Center hearing delayed
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Economy:

Bernanke gives hope for a real plan
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Fed Considers Its Next Actions
(WSJ: separate paid subscription required)

Dem Senate Chairman: Obama Budget Does Not Have Votes
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Tent Cities Popping Up Around the Country
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Select few score big as Treasuries decline
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Most Americans Hanging on By a Financial Thread: Study
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Geithner Says Obama Committed to Fixing US Economy
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Forgotten victims of the global downturn
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Lessons from a 1930s rebound that petered out
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Fed stresses global co-ordination
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Local Economies Seek Their Own Revival
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Downturn Catches Up With Seattle
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Real Estate:

US mortgage policy draws ire from bond investors
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Cantor pitches House GOP's housing plan
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Scammers See Opening in Housing Plan
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More Trouble for The Donald
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Trump rolls snake eyes, investors left empty handed
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Kimball Hill wins confirmation of liquidation plan
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Hovnanian Reports Loss as New-Home Buyers Wait for Lower Prices
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Foreclosed Houses Haunt Home Builders
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Homeowners Under Water Worry, Wonder
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Foreclosure Victims, Clergy on Cross-Country 'Recovery Express' Bus Caravan to D.C. Will Hold Capitol Hill Rally and Prayer Service
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The Face of Foreclosure
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Protesters target U.S. foreclosed-homes auctioneer
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Broker Commissions Fell 18% Last Year
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Miami Condo Colossus Is Monument to Excess
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Housing Bubble Not Fed's Fault
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For Fannie May, bankruptcy is like a box of chocolates
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Fraud:

Madoff faces 150 years in alleged Ponzi scheme
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Those Who Lost Savings Find Little Comfort
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Madoff Lawyer Absorbs Part of the Rage
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With No Deal, Madoff to Plead Guilty to 11 Counts
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Bernard Madoff Questioned on Possible Lawyer Conflict
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Madoff Employees Helped Dupe Investors, US Prosecutors Say
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Madoff Lawyer Invested About $18,000 With Madoff
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Judge: Madoff Can Retain
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Madoff Lawyer Guilty of Soullessness, But That Is All
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Stanford Receiver Plans to Release More Frozen Client Accounts
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Banking:

Congress, Obama admin piling on new conditions for financial institutions getting bailout cash
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Some Banks, Citing Strings, Want to Return Aid
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Bank Debt As Stressed As Bear Stearns, Lehman
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Little appetite for banks' debt without US federal guarantee
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Citigroup's shares rise as CEO plugs performance
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Pandit Paints A Rosy Picture
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BofA's value improves – to zero
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How the Crisis Fooled BofA CFO Joe Price
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Bankers Rush to the Exits
(WSJ: separate paid subscription required)

US FDIC seen contender to unwind financial giants
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Park Ave. Bank Passes on TARP
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HSBC falls off its pedestal
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UBS sees earnings at risk, ups 2008 net loss
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RVs:

Fleetwood files for bankruptcy ; to close a unit
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Fleetwood Enterprises, RV Maker, Seeks Bankruptcy
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Banks won't honor Monaco Coach paychecks
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RV Makers Hit the Skids
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Company Sued Over ‘Toxic Trailers’ Enters Bankruptcy
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Gambling:

Las Vegas Strip, Atlantic City Gambling Revenue Keeps Dropping
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NJ casinos post biggest monthly revenue drop ever
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Revenues, patrons up at Missouri casinos
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February revenue up at Detroit casinos
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Owner of Terrible's casino chain to seek bankruptcy
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LV Sands executive quit before he would be fired
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Food/Drink:

Poultry growers will soon get paid in Agriprocessors case
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Union: Bruno's request for concessions punishes workers
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Bruno's union says it has no plans to void supermarkets' contracts
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Kroger Climbs on Record Demand for Store Brands
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Video Rentals:

Moody's Bottom Rung Reveals More Problems For Movie Rentals
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Resorts:

ILX Resorts Receives Delisting Notification
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Furniture:

Inventory Of Used Office Cubicles Rise In US As Companies Close
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Rating Agencies:

Moody's Bottom Rung: The Grim Reaper of Corporate Bankruptcies
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Credit Cards:

Fitch: Spiraling US Credit Card Delinquencies Point to Record Defaults
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Tech:

When too big to fail meets too failed to be rescued
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Oil/Gas:

Kuwait official says OPEC likely to cut output
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Mining:

Golden Minerals to emerge from the ashes of bankrupt Apex Silver
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Chemicals:

Lyondell Creditors Seek Probe of Merger
(WSJ: separate paid subscription required)

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Radio:

Radio station owner files for bankruptcy
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Jewelry:

Tiffany Abandons Iridesse Pearl-Jewelry Chain
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ARS:

Taxpayers Billed $211 Million in Auction-Rate Failure
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