Law:

Lieberman Questions PACER Fees
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The Rise and Fall of Thacher Proffitt
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Heller Asks Ex-Clients Considering Malpractice Claims to Sue Now
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Trio take lead on latest AIG bailout
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The Bankruptcy Files: Aviation, Pharmaceuticals, and Real Estate
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Laid-Off Lawyers and Other Professionals
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Support Staff Taking it on the Chin
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After Layoffs, Some Law Firms Have 1 Staffer for Every 4 Lawyers
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Black Thursday won't be the end
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More Groundwork From K&L Gates
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T.S. Eliot Got It Wrong: February Is the Cruelest Month
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On the Job Hunt Front, a Thank-You Note Gone Wrong
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Lawyer Can’t Find a Legal Job, Tries Selling Furniture
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Will a Down Economy Mean the End of Mentoring?
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Layoffs have recruiters looking for new bread and butter, too
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Latham softens layoff blow with severance, for present and (hopefully) future
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Middle East layoffs suggest there's no place like home
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Laid-Off Associate Starts Partner Rating Site
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DLA Piper Cuts 20 Lawyers, 34 Staff in Asia Amid `Recent Market Downturn'
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Under 1-tier Structure, DLA’s Equity Partner Count Jumps from 300 to 670
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Debevoise & Plimpton Profits: Is There Life After Siemens?
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Inquirer Lawyers Want To Know Who Taped Secret Sessions
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How Law Practice Will Become Like Off-the-Rack Suits
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Anatomy of a Crack-Up: The Marc Dreier Case
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Lawyering Up in the Stanford Financial Mess
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Dallas lawyer fights for ordinary clients in Stanford case
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Who Will Rep the Top Two Stanford Execs?
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11 Ideas on How to Unify a Global Law Department
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Will Part of Professional Class Be Wiped Out by the Downturn?
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Oilman Milby’s lawyer sued over missing $5M
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Lawyer's Defamation Claim Reinstated Against Malpractice Insurer
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Low Bonuses, Job Woes May Mean No Tuition for Kids’ Private Schools
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Prosecutors Outsource Collection of Bounced Checks
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Adventures in Lawyer Advertising: Getting to Know Your Indian Brethren
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1 in every 31 adults in corrections system
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Cooley Staffer Goes Out in Handcuffs
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Judges:

Should judges step aside when campaign cash is involved?
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Massey Chairman's Campaign Gifts to Judge Put Bias Issue Before U.S. Court
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Justice Not for Sale
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Supreme Court Enters the YouTube Era
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Federal Judge’s Unusual Story: My Grandfather Was a Slave
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Texas Supreme Court Justice Cleared in Election-Related Ethics Complaint
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Judge’s Impromptu Phone Lectures Helped Reporter Get Crime Facts
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Wall Street:

Wall Street Heads for Mixed Open After Big Drop
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U.S. Futures Point to Higher Open
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Steep Market Drops Highlight Despair Over Rescue Efforts
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Hong Kong Falls on HSBC, Global Rout
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Dow Below 7,000 for the First Time Since 1997
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Wall Street Gets Plowed
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Fear index spikes as U.S. stocks slide
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One mathematician's formula will go down in history as instrumental in bringing the world financial system to its knees.
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Stocks Drop Worldwide, Treasuries Gain on Concern About Economy
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Goodbye 7000, Hello 6000?
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Treasurys Trade Higher As AIG Revives Safe-haven Buying
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GE Falls to Lowest Closing Price Since May 1993
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Baked-In Losses Weigh on G.E.
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GE’s Immelt Says He Shoulders Blame for ‘Tarnished’ Reputation
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More companies slash dividends to shore up cash
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Autos:

February Auto Sales Seen Hovering At 27 - Year Lows
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What Will Fix GM Won't Fix Chrysler
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Time to nationalize GM?
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Pull the plug on automakers? Not so fast
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GM bondholders to meet with auto taskforce
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GM May Buy Delphi Steering Operations
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Would a GM Bankruptcy Crash Its Suppliers?
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Median price of a home in Motown: $7500
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Auto-Industry Meltdown May Not Be Enough to Force Consolidation
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Letter From Auto Supplier to General Motors Exec Criticizing Bailout
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Aleris seeks court approval to cancel contracts with GM
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Bensusan Drops $32 Million Lawsuit Against Prebul
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Deadline For Offers For Prebul Dealerships
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Bill Heard employees still waiting on paychecks
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US Task Force to Meet With Auto Dealer Trade Group on March 6
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Volkswagen Net Climbs 15%, but Firm Sees Slowness Ahead
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Volkswagen’s Audi Says February Deliveries Fell 11%
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German government won't be rushed on Opel aid
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GM Says Three Opel Plants at Risk as It Seeks European Solution
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Volkswagen CEO Raps Aid for GM’s Opel, Sees Market ‘Correction’
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Opel Will Loosen Ties with GM
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GM's Saab Steps Up Effort to Find Buyer
(WSJ: separate paid subscription required)

Car makers push for stock cuts and aid
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S. Korea's car sales drop 8 pct in February, outlook grim
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Banking:

Funds for 'Bad Banks' Get Fleshed Out
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HSBC Rues Household Deal, Halts US Subprime Lending
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Realism Trumps American Dream
(WSJ: separate paid subscription required)

HSBC rights issue sends shares wrong way
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HSBC Sees No Chance Of A Rebound In Consumer Finance
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HSBC: Not Entirely Convincing
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Bank of America Reports 60% Cut in Compensation for CEO Lewis
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BofA CEO: Merrill Cushion a 'Mistake'
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Ken Lewis thought he had a dream deal when he nabbed Merrill Lynch. By year's end he knew he had a nightmare
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Is Bank of America poised to receive more aid?
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PNC Financial slashes dividend 85 percent
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Goldman Sachs, JPMorgan Boost Rights Offer Fees as Risks Grow
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Canadian Banks Say TARP Program Makes US Acquisitions Harder
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TCF Financial Seeks to Repay $361 Million to TARP
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Tech:

Chip Sales Decline 29% as Product Demand Slows
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Gartner forecasts worst PC market in eight years
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Spansion's Chapter 11 signals the erosion of the flash memory market
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SGI doesn't want to be the third wheel
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Radio:

Clear Channel parent company posts $5 billion loss
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Gift Certificates:

Gift Certificates Issued By Chambers Of Commerce No Longer Valid
(DBN Subscription Required)

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Health Care:

Sunrise posts loss, warns of possible bankruptcy
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Hospital lobby wrongly blames Gov. Paterson for closures
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Video Games:

THQ has 50% chance of bankruptcy
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Mortal Kombat for sale following Midway's bankruptcy filing
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Midway Stalls Collapse By Selling Key Properties
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Midway "hemorrhaging cash at an alarming rate"
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Midway creditors seek protection
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RVs:

Monaco Coach Lays Off Most of Work Force, May Shut Down
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Non-Profits:

Charity Moved $1 Million Before Bankruptcy Filing
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Hotels:

Extended Stay's Fate Remains Unknown
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Education:

Schools Crunch Calculus of Stimulus
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Harvard Gets Stuck With Above-Market Debt Costs as Bankers Reap Millions
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Private Equity:

KKR Leaves Public Shareholders With Losses of 90%
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Economy:

Consumer spending rises
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. . . but it's not expected to last
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Revenge of the Glut
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Obama considers funds to buy bad assets
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Personal savings rate hits record
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The incredible shrinking economy
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Manufacturing Shrank
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Construction spending falls 3.3 percent
(DBN Subscription Required)

Fed credit programs risk independence: Fed's Lacker
(DBN Subscription Required)

Downturn to be deeper even than IMF forecast: OECD
(DBN Subscription Required)

Obama kicks up White House entertaining
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U.S. rescue efforts may risk double-dip recession
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Roubini Sees More Economic Gloom Ahead
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The Never-Ending Bailout
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Some Agencies Slow to Dispense Grants
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Real Estate:

Mortgage Delinquencies Up for 8th Straight Quarter
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Chief of Freddie Mac Resigns After Six Months
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Two Fallen Mortgage Giants Are Unlikely to Be Restored
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Property Values Approach ‘Stupid’ Lows, Roth Says
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Attorneys say foreclosure prevention program is stalling
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Citigroup to Lower Some Mortgage Payments
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Slumping market forces 2 more builders to throw in the towel
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Miami Beach developer Stern files Chapter 11
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Foreclosures spread to middle-income Chicago communities
(DBN Subscription Required)

Investor says manufactured-home lending mess predicted housing crisis
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Defaults drag down prospects for builders
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Call Them Irresponsible - Rewarding those who put the 'liar' in liar loans
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Insurance:

US to stump up more for expanding AIG black hole
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Who’s Being Propped Up in A.I.G. Deal?
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AIG Has Been Losing $465,421 Per Minute
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Imagining an AIG Bankruptcy
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AIG’s Liddy Says Greenberg Responsible for Losses
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Maurice Greenberg Sues AIG, Saying Its Shares Were ‘Inflated’
(DBN Subscription Required)

AIG’s Liddy Says Greenberg Responsible for Losses
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AIG warns on ratings, collateral calls, solvency
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A better way to save AIG?
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The Incredibly Growing AIG Rescue
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They Say Bailout, He Says ‘Backup’
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How big is too big to fail? The AIG saga
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Why US keeps backstopping a flattened AIG
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AIG's Fallout: What Policyholders Can Expect
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Another AIG woe: $600 million pension contribution
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US Betting On Turnaround In AIG Foreign Life Insurers
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AIG: 'Really No Longer With Us'
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AIG’s PR army could irk taxpayers
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A Remake of A.I.G. Is the Goal of Rescue
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How AIG got into trouble with Credit Default Swaps
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Additional $30 Billion Doesn’t Stop AIG From Suing U.S.
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China Life says not bidding for AIG's Asian unit
(DBN Subscription Required)

Conseco 4Q Loss Widens On Invest Losses, Warns Of Default
(DBN Subscription Required)

MBIA Posts $1.16 Billion Loss on Mortgage-Bond Costs
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MetLife Unrealized Losses on Corporate Debt Jump to $14 Billion
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Prudential to Weather Recession Better Than MetLife
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______________

Fraud:

Stanford Receiver Finds Liquidity Crisis - "millions, not billions"
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Stanford Receiver: Freezing Accts Fair, Scant Cash Available
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Stanford Judge Extends Freeze on Investor Accounts
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In Stanford case, unlike Enron, charges start near the top
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Web site sheds light on Stanford Financial's holdings
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At Monday Hearing, More Could Be Divulged on Stanford Assets
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Courts say Stanford's debt exceeds assets
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Another $143 Mil Found
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Some Stanford accounts may be released by mid-March
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Will Stanford lose knighthood? Sir-tainly not now
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Madoff says $7M NYC apartment, additional $62M should not be subject to seizure
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Madoff’s Lawyers Fight Efforts to Take Assets
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Fairfield Greenwich Says Madoff Provided Bad Data
(WSJ: separate paid subscription required)

Ruth Madoff’s Lawyer Says She Has Millions in Assets
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U.S. SEC charges Sunwest Management with fraud
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______________

Telecoms:

Nortel Posts Wider Fourth-Quarter Loss on Writedown
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The Nature Of Nortel
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Nortel Says Customers Are Staying On Board
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Involuntary Bankruptcies:

Involuntary bankruptcies proliferating
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Travel:

Canceling the suntan
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Packaging:

Smurfit-Stone expects $2.8B loss in Q4
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Aviation:

Airline Losses Totaled as Much as $8 Billion in 2008
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Astronics widens Q4 loss on asset write-off
(DBN Subscription Required)

______________

Art:

Why recession isn't good for art
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China-Art Sales May Drop as Bidder Refuses Payment, Dealers Say
(DBN Subscription Required)GM Running on Empty in Europe
(WSJ: separate paid subscription required)

______________

Mining:

Sterling Mining to Voluntarily File for Bankruptcy Protection
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Junior miners hit hard by 2008 market collapse, but opportunities still exist
(DBN Subscription Required)

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Finance:

Buffett Says High-Rated Firms Suffer From Higher Borrowing Cost
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______________

Health Care:

Obama pushes community 'health centers'
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______________

Sovereigns

IMF Plans to Overhaul Credit Program Members Shunned
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______________

Debt Collection:

Demand Rises for Voices That Dun by Phone
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History:

Recovery Hope Springs Eternal, but History Says Otherwise
(WSJ: separate paid subscription required)

______________

Horse Racing:

Magna To Go Bankrupt This Week?
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_____________

Executive Compensation:

Companies Seek to Alter Bonuses, Compensation
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Higher base salaries not the answer for bankers
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Blackstone CEO Takes 99 Percent Pay Cut
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Hot trend: Companies freezing executive pay
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_____________

Television:

A Penchant for Austerity Juices Cable
(WSJ: separate paid subscription required)

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Convenience Stores:

Circle C files for bankruptcy
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Construction:

Tampa HQ Masonite readies for Chapter 11
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Corporate Reform:

Schumer Does An About Face
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Personal Bankruptcy:

Means Test Income and Expense Figures Change March 15
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Credit Cards:

Credit Card Charge-Off Rate Rises To 7.7%
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Tourism:

Vegas doldrums grounds TTF Helicopters
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Bankruptcy Poetry:

Ode to the Blingrupt
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Layoffs:

Stimulus Gives New Life To Republic Windows
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Why Mass Layoffs Will Trigger More Bias Suits -- and How Employees Can Win
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Offering help, hope, U.S. "job clubs" see surge
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Accountants apply for McDonalds jobs
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A Far Cry From the Previous Job but ...
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Shipping:

Empty Containers Clog South Korea’s Busan Port as Trade Slumps
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