Law:

Katten and Jenner & Block Lay Off Lawyers, Staff
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Katten Lays Off 69, Cuts Pay of Associates Low on Billables By 20%
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Layoff Watch: Instant Reports From The Katten Meeting
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Staff Layoff Watch: Jenner Block Has More Bad News For Chicago
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Ropes & Gray: Defers Start Dates, Offers 'New Alternatives' For All Associates
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Even in an exposed leveraged finance market, A&O's clearout has raised eyebrows
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Laid-Off Lawyer Tells Radio Station His Similarly Situated Friends Are Partying
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A&O's severance terms revealed - up to £85k for senior associates
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Firm asks partners to volunteer to earn less
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Biglaw Brawl: Cravath's Chesler v. K&L's Kalis
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Straight Talk On Bankruptcy Hiring (Part 1)
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Straight Talk On Bankruptcy Hiring (Part 2)
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Dreier’s Lawyer Expects Guilty Plea; Firm Lawyers at Risk in Bankruptcy Case
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Don’t Want to Deal With the Recession? Go to Law School!
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Law firm office manager in psycho email shocker
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A&O US star Cunningham quits for litigation leader
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Desperately Seeking Volunteer Jobs
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Hogan & Hartson Has AIG's Back on Bonuses
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SEC Drops Backdating Charges Against Former McAfee General Counsel
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Feds Ordered to Give Defense List of Alleged Dreier Victims
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In Revised Mayer Brown Ruling, Judge Bemoans 'Stoneridge' Handcuffs, Calls for Legislative Action
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What Makes a Lawyer Great?
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Harvard Law School Dean Confirmed as First Female Solicitor General
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The Power of Positive Thinking
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Courts need more staff to manage spike in bankruptcy filings
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More Law Schools Report Jump in Applications
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Snafu at UNC Law Raises Hopes, Then Dashes Them
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Judges:

Applicants sought for traveling bankruptcy judge position
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Wall Street:

U.S. Futures Move Higher
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Wall Street Heads for Lower Open
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European, Asian Stocks Decline; US Index Futures Retreat
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Asian Markets Mixed on Worries About US Inflation
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Sentiment not pointing to lasting US stock rally
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Wall Street Shudders as Lawmakers Take Aim at Pay
(WSJ: separate paid subscription required)

Dividend Cuts: The Stigma Fades
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The new order on Wall Street
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Layoffs:

Continuing jobless claims jump by 185,000
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Theme Parks:

Goldman to Buy Former GE Theme Park
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Insurance:

Congress Curses the AIG Frankenstein It Created
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Prudential Posts '08 GBP1.34 Billion Loss; Changes CEO
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AIG should be allowed to go bankrupt, Minnick says
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Resorts:

Greenbrier resort files for Chapter 11 bankruptcy
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Congress' Greenbrier Getaway
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Banking:

Regulators Worldwide Scrutinize Bankers’ Pay
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Further Adventures in the Citi Capital Structure
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Citi files to launch exchange offer, reverse split
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Citigroup CFO to Become Citi Holdings Chairman
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Do bankers ever learn?
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As the political climate sours, banks' creditors get nervous
(DBN Subscription Required

Citibank to issue $3 bln of TALF-eligible card ABS
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Citigroup's Vikram Pandit needs a new $10 million office
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FDIC Closes Sale of Failed Bank IndyMac to OneWest
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13 Bailed-Out Banks Failed to Pay Taxes
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F.D.I.C. Chief Urges Changes in Financial Oversight
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Tax:

Tax Auditors Set Their Sights on Small Businesses
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Some bailed-out companies owe US taxes
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Personal Finance:

Creditworthiness may be linked to looks
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Families doing own chores
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Credit Cards:

Discover Rises After Reporting Surprise Profit; Cuts Dividend
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Defaults Dog Discover
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JPMorgan, GE Face Card Losses as Store Rewards Vanish
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Warning: Credit Card Practices Can Be Detrimental to Your (and Their) Health
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Sovereigns:

IMF Tweaks October Loan Program Shunned by Borrowers
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Derivatives:

CME Group, Citadel Said to Lack Credit-Default Swap Customers
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Distressed Investing:

Billionaire Vultures
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Investor Wilbur Ross eyeing insurance investments
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Mass Torts:

Planet Toys files bankruptcy after asbestos suits
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Bankruptcy Statistics:

Data on bankruptcy needed, GAO says
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Bankruptcy rates only reconfirm valley's troubles
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Packaging

Chesapeake takes its only offer
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Hedge Funds:

Weavering to Liquidate Largest Fund Amid Swap Investigation
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Connecticut’s ‘Rodeo Drive’ Abandoned as Hedge Funds Collapse
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Economy:

US Leading Economic Indicators Index Falls 0.4%
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Feb. Leading Indicators Fall; Weakness To Persist
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World economy to shrink 'for first time in 60 yrs'
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Rapid Declines in Manufacturing Spread Global Anxiety
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Some Good News on Jobs and Mortgages
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Americans Getting Jobless Benefits Reach 5.5 Million
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The Money Is Gone. Now What?
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IMF Criticizes Geithner’s Bank Rescue Plan as ‘Lacking Details’
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Inflating the dollar
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Dollar Heads for Record Weekly Loss Versus Euro as Supply Rises
(DBN Subscription Required)

Dollar Rally Crumbles as Fed Ramps Up Printing Press
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Philadelphia Area Factories Shrink as Orders Slump
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Duke Coach to Obama: Worry About the Economy, Not NCAA Picks
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Real Estate:

Obama Targets Foreclosures in Calif.
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AIG Unit Sues Countrywide Over Loan Losses
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LA commercial property market to slow in ’09
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Lost Bonuses Mean Manhattan Home Prices to Drop Most Since ‘80
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GTS Property to seek cash use
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US CRE Prices Drop At Historic Pace
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U.S. Site Offers Guidance on Mortgage Troubles
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Mortgages May Be Near the Bottom
(WSJ: separate paid subscription required)

Huge swarm of bees takes over foreclosed Florida home
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Retailing:

Barnes & Noble Profit Falls 30% on Weak Holiday, Special Costs
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Wal-Mart Giving US Hourly Employees $2 Billion As Thanks For Success
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More mall woes: Owner of Westlake, Alderwood facing bankruptcy
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Circuit City cuts board members and more executives
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Gordon, Hilco win Ritz boating assets
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Bonuses:

Fannie Mae next in line to hand out questionable bonuses
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Probe into AIG bonuses launched
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Anti-AIG demonstrations draw small, animated crowds
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The AIG bonuses: justified or absurd?
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Scorn Trails A.I.G. Executives, Even in Their Driveways
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Connecticut Senator Draws Voters’ Ire for His Bonus Role
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Lessons for U.S. Lost in AIG Hullabaloo
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House OKs Tax on Fat Bonuses for AIG, Other Bailed-Out Companies
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Bonus tax: Feels good, but is it?
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Barack Does Burbank: Tells Leno he was stunned by bonuses
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Many in Government Knew Weeks Ago About A.I.G. Bonuses
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Chrysler Won't Award Retention Bonuses Any Longer
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Wal-Mart Giving US Employees $2 Billion
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BofA Turns Over Bonus Information To NY AG
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Nortel seeks ruling on $23 million bonus plan
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Bonus spotlight turns to Morgan Stanley
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France May Draft Law on Bonuses
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Australia clamps down on CEO pay the right way
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Enough of irreplaceable and 'talented workers'
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Gambling:

MGM Mirage will need aid
(DBN Subscription Required)

Bankruptcy one of three options for Station Casinos
(DBN Subscription Required)

Trump Entertainment: Final cash OK
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Bicycles:

Bankrupt Iron Horse Owes $5 million
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Hotels:

Another Casualty of the Travel Slowdown: Outlook for Hotels Worsens
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Photography:

Scenes from the recession
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Food/Drink:

New offer for Pilgrim's Pride facility is $80 million
(DBN Subscription Required)

Forward Foods gets final OK for DIP
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XSB gets OK to sell 20 eateries
(DBN Subscription Required)

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Aviation:

Airline, Pilots Hit Turbulence Over Suspended 401(k) Contributions
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Steiner's Legacy To Haunt Fairchild In Chapter 11
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Fairchild proposes DIP, sale
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Logistics:

FedEx Earnings Per Share Fall 75%
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Media:

Apollo plans to own most of Charter after bankruptcy
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Horse Racing:

MEC Bankruptcy Fallout Hits Ohio Track
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RVs:

Winnebago revenue falls 81% from year-ago period
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Awards:

American College of Bankruptcy - Induction of Class 20 on March 26
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AlixPartners Honored for Corporate-Turnaround Work with Two Awards
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Bonds:

Corporate Bond Risk Falls as Credit Indexes Roll to New Series
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Shipping:

Orient Overseas Profit Drops 65% as Trade Collapses
(DBN Subscription Required)

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Bankruptcy Litigation:

Defense of In Pari Delicto Does Not Affect Trustee Standing
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Building Products:

Pittsburgh Corning awaits hearing
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Premier needs concrete argument
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Masonite wins use of cash
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Travel:

U.S. Travel Spending Sinks Sharply
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