Law:

Cravath Veteran Recalls Law Firm Life of Yesteryear
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Credit crunch hits partner prospects
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Bonus Watch: Sidley Austin (Non-New York)
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Bonus Watch: Wachtell Weighs In
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Bonus Watch: Midsize / Regional Firms
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Morgan Lewis to... Free Ski Trips?
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Why We Need More Regulation of Lawyer Advertising
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Tactics of 'King of Torts' Called 'Scorched Earth'
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Dickie Scruggs' $50 million man
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Jones Day Learns Damage Control
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Secretary to Axed Partner Plans Whistle-Blower Suit
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Globalization splits Chicago's economy
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'Scott' Is Dire Warning About E-Mail Communications
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Larry Savell Rocks: "(She's An) Electronic Discovery"
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Leading Firm Boosts Benefits; Will Others Follow?
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Bill Would Penalize Judges Leaving for High-Paying Jobs
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Large-Firm CMOs Offer Insight on Legal Marketing Success
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Milberg Weiss Watch: Schulman Sues For Lawyer Fees
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"Hopefully this will not be a big time drain"
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Firm Weathers a Moving Experience
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E-discovery and Globalization Will Most Affect Practice of Law
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DeGuerin's slick opening argument for Judge Kent
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A Small Firm Wages '100 Years' War' on Tort Reform
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Calif. Bar Panel Amends Proposal on Malpractice Insurance
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Don't Use Your Opponent's Notes
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Making the Move In-House
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'Potty-mouth' case dismissed
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Europe's Most Active Deal Lawyers of 2007
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Lawyer's Life "Enchanted" as He Rubs Elbows With Hollywood Greats
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Right To Trial By Jury
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Justices liven up sessions with their repartee and tag-team tactics
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Rove, Bolten Found in Contempt of Congress; Senate Committee Cites Top Bush Advisers in Probe of U.S. Attorney Firings
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Pregnant Lawyer Charged Over Fake Kidnap Story
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International Law Firms Like Riyadh, But Lawyers Don't
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Don't Judge 'Despicable Lawyer' Magazine by its Cover
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Clients Who Don't Understand Value
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Judge Laments "Economic Focus" of Law Practice
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Economy:

Greenspan: US Moving Closer to Recession
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Alan Greenspan Says He Sees `Early Symptoms' of Stagflation
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Inflation data deteriorates further as recession risk rises
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Fed Rate Cut Isn't Enough to Ease Housing Woes
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Hold tight, the central banks have no plan
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Central Banks Put Plan Into Action, Key Results Loom
(NYT: separate free registration required)

ECB Drains Short-Term Funds; More Absorbing Possible
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Crunch turning hawks into doves at the Fed
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The Rich Are Getting Richer Faster, Much Faster
(NYT: separate free registration required)

NY Fed Dec Mfg Index Falls Sharply To 10.31
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Wall Street:

Goldman success brings unwanted attention
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Market direction? Buckle your seat belts
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The $4bn killing
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Markets Tumble in Asia
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World stocks slide as US rate cut hopes fade
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RVs:

Laid-off National RV employee presses for severance pay
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Retailing:

Retailers Face an Ominous Holiday Sign
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Retailers see slower holiday growth
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Pensions:

Young workers ignoring 401(k) plans
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1 worker in 3 to have zero in 401(k) at retirement
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Pension funds, the new riverboat gamblers
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Gambling:

Tropicana denied license, mulls bankruptcy
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Suitors line up for Tropicana casino
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Furniture:

Levitz loses love over closing
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Celebrity:

"Three people who can't agree on a way to jump out from in front of a moving bus"
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Real Estate:

Greenspan Favors Government Bailout for Homeowners
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The Subprime 'Crisis' -- Time for Government Intervention?
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The feds shouldn't save people from their own follies
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Greenspan Spins the Housing Bubble
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Subprime, Easy Money and Greenspan's Role
(WSJ: separate paid subscription required)

Relief Plan Divides Neighbors
(WSJ: separate paid subscription required)

US Housing Crash Deepens in 2008 After Record Drop
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Can swaps rescue subprime?
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Bet the House on It
(NYT: separate free registration required)

Countrywide Financial Hasn't Failed - To Disappoint
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Banking Group Criticizes Senate Subprime Bill
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Has Your Mortgage Company Lied to You, Your Attorney and the Bankruptcy Court?
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Congressman seeks to revive Depression-era loan program
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Housing Woes Raise Bankruptcy Caseloads
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Delaware real estate market hits wall as home prices slide
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Facing foreclosure? Bush doesn't want to help
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Bankrupt developer's auction draws large crowd
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Great ideas (but will they work?)
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Investors own about one-fifth of Bay Area homes in foreclosure
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Foreclosure counselors have their work cut out for them
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Senate Passes Home Loan Reform Bill
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Neumann Homes ready to pay refunds, have houses finished
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In Texas, MBS Apartment Titan Battles Defaults
(WSJ: separate paid subscription required)

Senator Dick Durbin: Passage Of FHA Bill Will Help Families At Risk Of Losing Homes
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Fed planning steps to crack down on shady mortgage lending practices
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Autos:

Dura to delay exit from bankruptcy
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Dura Seeks to Pay Lenders
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Dusk settles on Delphi
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Palm Bay dealer closes doors
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Ford Nears Decision on Jaguar
(WSJ: separate paid subscription required)

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Tax:

The AMT: What the battle is about
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As time runs out, AMT stumps even IRS
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Health Care:

Hospital officially on its own
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Kessler puts bankruptcy behind it with new owners
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Weight-loss company to slim down - completely
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Hospitals file for Chapter 9 bankruptcy
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Politics:

Democrats may commit the real mortgage fraud
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Saving Homes A Matter Of Political Will
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Huckabee Talks Tough on Mortgage Bailout
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Clinton's Ties to Burkle Include Funds in Offshore Tax Haven
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Bankruptcy Rules:

Friendly Reminder about Bankruptcy Rule 9037...
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Boating:

Fawcett files for bankruptcy
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M&A:

United Rentals, Cerberus Delay Start of Trial
(WSJ: separate paid subscription required)

Blank check companies amassing big war chest
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Stock Brokers:

Schwab attracts $12.1 billion as rival E*Trade loses clients
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Fitness:

Athletic club members back Chapter 11 filing
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Timber:

Timberland use ordinance forced back to square one
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Movies:

P--- industry has the blues
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Accounting:

Auditor found guilty of aiding a company's fiduciary breach
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Auditors told to go harder on fraud
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Bankruptcy Crimes:

Bankruptcy judge again recommends 6-month jail term for Robinson
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Jail former lawmaker, judge asks US court
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Waldner sentencing set
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Mass Torts:

Plaintiffs Attorney, Firm Sued Over Fen-Phen Expenses
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New Bankruptcy Opinions
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Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
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Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11), (12)
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The easy way to monitor bankruptcy claims trading www.ClaimTradingAlerts.com 30-Day Free Trial

Bankruptcy Reform:

The Drive More People Into Bankruptcy Act of 2005
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Pro-Creditor Bankruptcy Reform Fails - Punish the Credit Pushers, Professor Proposes
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Horse Racing:

Concern over franchise playing right into NYRA's hands
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Food/Drink:

LeNature's creditors say Wachovia wants to derail plan
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Yucaipa offer to IBC falls short
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Bonds:

Investor Group Seeks Bond Protections
(WSJ: separate paid subscription required)

Profit From the Pain to Come in Bonds
(WSJ: separate paid subscription required)

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Fraud:

Jury orders US Bancorp to pay $17.6 million in Ponzi scheme
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Complex task to find and redistribute World Plus cash leads to hefty legal bills
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Plan Confirmation:

Release of Chapter 11 Plan Proponent Overbroad and Impermissible
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Aviation:

Strike threat adds to Alitalia's woes
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Air France Would Seek EU750 Million to Renew Alitalia
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Air One proposes injection of one billion euros into Alitalia
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Banking:

How banking's secret system broke down
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CDO Battles: Royal Pain Over Who Gets What
(WSJ: separate paid subscription required)

Reviving Citigroup: Is breakup necessary?
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Citigroup's top boss may layoff thousands
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Was the Citigroup Board really in the dark?
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Capital One, Radian cut to sell at Citi on consumer worries
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Bankruptcy Statistics:

Bankruptcy rates creeping back up
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Bankruptcy Filings Down for Fiscal Year 2007, Up for Quarter
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Hedge Funds:

Ailing Raptor hedge fund losing clients
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A hedge fund and SIV parody
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Financier Leaves Wall Street for Afghanistan
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Corporate Reform:

Chicago web weaves through Nacchio appeal
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A Book Signing With the Author a World Away
(NYT: separate free registration required)

Taking Stock of The DOJ's Next Targets
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Court stops SF civil engineer from declaring bankruptcy
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UK:

BoE highlights financial market fragility
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Rise of the 'white-collar tramp'
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Debtors better off as banks and IVAs strike deal
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This crisis is no longer a simple problem of liquidity
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Scots feel the fear . . . and give up on firms
(DBN Subscription Required)

Focus is on fixing troubled DIY stores
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Taxman cracks down in company wind-ups
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Australia:

Centro Shares Slump After Profit Forecast Cut on US Subprime
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Centro downgrade sends market plunging
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New Zealand:

Alternative to bankruptcy proves popular
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Canada:

Steelback creditors queue up
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Korea:

Default Risk Growing for Homeowners
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Germany:

German bank KfW could face billions in US loan losses
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Bailout package for IKB could top $7.25B
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