Law:

Credit Squeeze Has Orrick Borrowing Against Future Partner Profits
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Prominent Lawyer Probed Over Missing $9 Million
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Economic Downturn Raising Suicide Risk Factors Among Attorneys
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Note to Partners: Beware an Attack of Unqualified Recruiters
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Chadbourne Accused of Overbilling for Research; Other Claims in Pipeline
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Louisiana High Court Slaps Cussin’-N-Brawlin’ Lawyers
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Adventures in Lawyer Advertising: Texas is a galaxy far, far away
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Bummer of '69: 25 Lawyers, 44 Staffers Face the Ax
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The coming big law partner bloodbath
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$160K Starting Pay Unlikely to Be Cut by NY Firms, Experts Say
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Layoff Encore: More Than a Score Pushed Out the Door
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Tipster: Brown McCarroll Lays Off Lawyers and Staff
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Experienced Lawyers Leaving HP in Series of Shakeups
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The Week in Law Firm Layoffs
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Dead on the Web
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Reed Smith Moving Into Thelen's Old Digs
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Allen Stanford's Lawyer Has a Bull S------ in His Office
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Snell & Wilmer Cuts 30 to 40 Staffers
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Litigation bears the brunt as Clifford Chance wields axe
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Hogan & Hartson Offers $75K Paid Vacation to Incoming Associates
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News For Incoming Associates at Kirkland and Sidley Austin (And a New Start Date Round-up)
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Simpson Thacher Dishes Out Summer Associate Meal Policies
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Layoff Tracker
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Dozens of BigLaw Firms Make Law Blog’s Start-Date Deferral List
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Firm Cutting Partner Draws, Foisting Unpaid Furloughs on Staffers, Freezing Salaries
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Big Sacramento Firm Lays Off 17
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Guilty Plea Expected, but Dreier Seeks to Stay Free a Little Longer
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The Bankruptcy Files
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Davis Wright, K&L Gates, Thompson & Knight Ensnared in Ponzi Probe
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W.R. Grace Acquittal in Asbestos Trial a Victory for Longtime Kirkland Counsel
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The Big Household Verdict; Will it Affect Other Subprime Litigation?
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Blagojevich Lawyers Agree to $110-an-Hour Fee Limit
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Man jailed 83 days for skipping jury duty
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China Has Greedy Associates, Too
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Choosy Job Ad Offers Associate the Top Desk Drawer and $28K
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Mystery Surrounds Founding Partner's Exit From Successful, Minority-Owned Small Firm
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Judge Blasts Prosecutor, Quashes Subpoenas in ‘Pottygate’ Probe
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'U.S. News' Looks Into Brooklyn Law School's Survey Response
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Lawyer (Turned Escort) of the Day: Nina Baccala
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How Not to Toss Files
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Judges:

For state's bankruptcy judges, a new chapter: Recognition
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Kent will likely get prison term in sex harassment scandal
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An Heir and a Spare
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Scouring Obama's Past for Clues on Judiciary
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In Court Pick, Obama Seeks to Be Bold but Not Provocative
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Houston Bankruptcy Judges Judicial Evaluation Results (see p. 16)
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Wall Street:

US Stock-Index Futures Fall; Bank of America, Citigroup Drop
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World Markets Down as Rally Runs Out of Steam
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Stocks soar
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Beware of the sucker's rally?
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Inside the Fall of Bear Stearns
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Irrational Exuberance 3.0 Is Oozing Into Markets
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Layoffs:

National and State by State Unemployment Rates
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Barloworld to Cut More Jobs After Shedding 402 Staff
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Hundreds of Cummins workers to be laid off in Columbus
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The Family That Job-Hunts Together
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Jobs: What a Rebound Will Look Like
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Autos:

Grosse Pointe Blues
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Experts say GM bankruptcy almost inevitable
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Looking Ahead: GM
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Long road to a 'good GM' filing
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US would facilitate GM bankruptcy , if needed -Geithner
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A GM bankruptcy could curb any credit card incentives
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After bailout, GM to move jobs overseas
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GM, union clash as bankruptcy looms for auto giant
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GM hires executive search firm for new Board
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How Could a Government-Run GMAC Reshape Car Sales?
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White House Sees U.S. Holding GM Stake for At Least 2 Years
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GMAC: Chap. 11 not automatic if GM files
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Supplier group asks US government for more help
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Dissident Chrysler Creditors to Disband
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Meet Teresa Waller, One of Obama's Greedy Chrysler Bondholders
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Letter From Chrysler Lender: 'We Acted in Good Faith'
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Cars, banks and a federal double standard
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Why the Chrysler Deal Would Horrify a New Dealer
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Chrysler bailout favors the UAW
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FDR would have winced at the Chrysler deal
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The Chrysler CDS Question
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Chrysler dealer fears raw deal
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Chrysler bankruptcy creates lemon law turmoil
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New Chrysler to be leaner, greener and with an Italian flourish
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Resale values fall 6% for Chrysler vehicles
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Economic shock wave accompanies Chrysler closing
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Why The Fiat-Chrysler Hookup Looks Doomed
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Fixing up Ford
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How Ford Restructured Without Federal Help
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GMAC could get $7.5 billion from US: report
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Toyota Posts an Annual Loss
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German Minister Sees Open Questions in Opel Bids
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Germany May Give Loan Guarantees to Opel if GM Files Bankruptcy
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Magna bid courts Opel unions
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Global recession hits Indian auto industry
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Economy:

Unemployment Rate hits 25-year high
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Employers Cuts 539,000 Jobs in April
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White House Forecasts No Job Growth Until 2010
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Government hires 66,000
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Fine Line for Obama on How to Convey Hope on Economy
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Top Senate Republican Warns Against Firing CEOs
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Geithner's warning on speed of economic recovery
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Geithner's gamble: Betting on bank growth
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Obama threatens to rescind California stimulus money over wage cuts
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State 'could be broke by July'
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NYC Starts Charging Rent at Homeless Shelters
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For Recession Victims, Patchwork State Aid
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Shift to Saving May Be Downturn’s Lasting Impact
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Free Fall’s Over, but Where Are We Landing?
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The TARP Roach Motel
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Parking lots have a lot to do with economic recovery. Really.
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Posner: A Failure of Capitalism - Of Banks, Stimulus, and the Future
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Recession Culture - No money changes everything
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Real Estate:

Another Sign of Foreclosure Trouble in California
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Mortgage meltdown started in Valley area
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Who is actually defaulting on their mortgages?
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Death and Foreclosure
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Fannie Loses $23.2bn, Needs to Find $19bn
(DBN Subscription Require

Accredited Home Lender Files for Bankruptcy and Lists Repurchaser Claims as its Largest Creditors
(DBN Subscription Required)

Creditors in TOUSA and Puig bankruptcies target lenders
(DBN Subscription Required)

KB Home & Countrywide Overappraised Homes To Tune of $3 Billion, Class Claims
(DBN Subscription Required)

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Credit Cards:

Consumer Credit Down In March
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Obama Urges Credit-Card Reform
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Obama to hold town hall meeting on credit cards
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Rising Credit Card Losses Are Next Challenge for Banks
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Mass Torts:

Chemical Company Is Acquitted in Asbestos Case
(DBN Subscription Required)

In Big Sky Country, A Big Win for Grace
(DBN Subscription Required)

W.R. Grace acquittals: The power of a linear storyline
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Asbestos acquittal: It's the judge's fault
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Sports:

Hicks' Loan Default Casts Shadow on Rangers, Stars
(DBN Subscription Required)

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Insurance:

Prudential Sued by Debt Holders Over Subprime Loss Disclosure
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AIG Sees Long Road Back From the Brink
(WSJ: separate paid subscription required)

Munich Re Gets Boost From Insurers Seeking Capital
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Aviation:

Union: Delta Wants to Cut Pilot Jobs
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Frontier asks bankruptcy court for more time
(DBN Subscription Required)

Auto industry: Car companies' travails echo airlines'
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Airlines bank on extra fees in down times
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Air Canada 'trying to avoid bankruptcy '
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Air Canada ready to ride out storm.
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Pensions:

Blackstone Defends Pension Agents as SEC, States Crack Down
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Horse Racing:

Preakness future clouded by bankruptcy
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Retailing:

General Growth bankruptcy financing hearing delayed
(DBN Subscription Required)

General Growth Properties: What Will Bill Ackman Have to Say?
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Future of remaining ZGallerie stores uncertain
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Bank: Faneuil Hall shops shouldn't be bankrupt
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Demise of Joe's Sports ripples through Washington's economy
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Unhappy trails for Eddie Bauer?
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Newspapers:

Is New York Times Co. Headed to Bankruptcy ?
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Mexican Billionaire Puts the Squeeze on The NY Times
(DBN Subscription Required)

Metro Sells Off US Newspaper Business
(DBN Subscription Required)

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Gambling:

Balance of power on Strip could shift
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Bidding for Tropicana casino starts at $200 million
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Losses mount at Trump casinos in first quarter
(DBN Subscription Required)

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Media:

The New Reality TV: Ad Dollars May Plummet 20%
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Health Care:

Johnson Memorial Negotiating With Paradigm
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Medical center cost cutting measures
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Upfront payments a growing trend for some hospitals
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Natchez Regional making progress
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Corporate Reform:

Administration Plans to Strengthen Antitrust Rules
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Politics:

Obama Rally Won't Last While Jobs, Spending Wane
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Lehman:

PwC pulls off sale of Lehman Brothers division
(DBN Subscription Required)

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