Law:

You've Screwed Up, So Who Do You Blame?
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How has the ability to work from anywhere changed the dynamics of face time?
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After Absorbing Law Firms, Real Work Begins
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Cadwalader Shakes Up Top Management
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Cadwalader to Its Chairman: You Are the Weakest Link. Goodbye.
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Scruggs allegedly offered sum to influence Hood
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Box tightens: Judge in Jones v. Scruggs will hold evidentiary hearing after bribery trial
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As Recession Looms, Some Firms Begin Downsizing Staff
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Pay Raise Watch: Foley & Lardner
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Judge Matsch Drops the Gavel on McDermott Lawyers
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Large Bankruptcy Law Practice Grows Further With Six New Attorneys
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Merger Takes Firm Bi-Coastal
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New Miami Courthouse Sits Empty Despite Mold in Old Building
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Crushed by Information Overload
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Legal experts on Clemens' situation
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Lawyer Who Blackmailed Her Lovers - With Her Husband's Help - Avoids Prison
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"Think Different?" Who, Me?
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Paralegal School Students Have Difficult Time Understanding Bankruptcy Law
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Wall Street:

Wall Street's Rally Cools; McDonald's Leads Decline
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Wall St stocks seesaw in volatile trading
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Bernanke Vision for Fed Evokes Investors' Frustration
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Wall Street heads for lower opening
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Bonds:

Bernanke sees municipal borrowers soon able to get reasonable rates
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Another Debt Market Loses Buyers
(WSJ: separate paid subscription required)

MBIA chief sees Moody's, S&P done for 12-18 months
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Moody's, S&P Say MBIA Is AAA; Debt Market Not So Sure
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Derivatives dealers prepare for the possible default or restructuring of a bond insurer
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Sovereign funds may enter US bond insurer fray
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Currency:

Dollar falls to record low against the euro
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Retailing:

Zale Cuts 225 Jobs, Will Close Additional Stores
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Sears quarterly profit falls 47.5 percent
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Sears Earnings Fall More Than Analysts' Projections
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Sears Suffers From Economic Slump
(WSJ: separate paid subscription required)

Retail REITs Seizing Opportunities in Soft Market
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Survival strategies for Macy's, Penney's, Target, Neiman's
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As the economy tanks, Wal-Mart thrives
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Distressed Investing:

Investment Firms Buy Mortgage Loans
(WSJ: separate paid subscription required)

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Religion:

Bankruptcy court to mull release of more sex abuse documents
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Chemicals:

Judge OKs Solutia Settlement
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Bankrupt Solutia's 4Q Loss Triples
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Equa-Chlor seeks further DIP use
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Autos:

Fitch Backs GM Credit Rating, Warns of Higher Cash Burn
(WSJ: separate paid subscription required)

Strike at Parts Supplier Closes GM Plant
(NYT: separate free registration required)

Strike at American Axle 'not a good signal'
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GM Turnaround Collides With Dismal US Car Demand
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Fitch Affirms General Motors IDR at 'B', Outlook Negative
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G.M. Voices Confidence in Lending Business
(NYT: separate free registration required)

Ford Credit outlook erodes
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Chrysler Loss Pegged at $2.7B
(NYT: separate free registration required)

Chrysler disputes report of $2.7B loss
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Chrysler Digs Out From Deep Hole
(WSJ: separate paid subscription required)

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Hedge Funds:

Sailfish hedge fund to shut down
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Corporate Governance:

D&O insurance costs jump for financial-services firms
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New Article Examines Latest Deepening Insolvency Trends
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Mass Torts:

$30.3 Million "Take Home" Asbestos Jury Verdict Believed to Be New Jersey's Largest
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Student Debt:

A Lender Halts U.S.-Backed Student Loans
(NYT: separate free registration required)

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Gambling:

Casinos feel US downturn as gamblers pinch nickels
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Forest Products:

If a tree's owner falls ...
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Maxxam/PL Bankruptcy Options Hearing Leaves Trees Future Uncertain
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New reorg for Palco seeks OK
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Relocation:

Sirva Creditors Oppose Ch 11 Loan
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Tax:

Spy Saga Sparked Liechtenstein Tax Probe
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Real Estate:

S&P: Mortgage Bond Credit Worsens
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New-home sales fall despite record price cuts
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Home Price Plunge Accelerates
(NYT: separate free registration required)

Surprise!!! You've earned a discharge AND a foreclosure
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Paulson Rejects Dem Rescue Plan
(WSJ: separate paid subscription required)

Dems Upset, Want Bush To Work On Housing Bill
(DBN Subscription Required)

The Next Slum? - Fundamental changes in American life may turn today's McMansions into tomorrow's tenements
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Worried Lenders Watch for Appellate Ruling in Mortgage Class Action
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Fannie Mae, Freddie Mac Portfolio Caps Will Be Lifted
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Freddie Mac posts $2.5B loss in 4Q
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Fannie Mae May Have Financial Rating Cut by Moody's
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Fannie and Freddie: big hopes to arrest housing slump
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Fannie Mae shares zoom higher as caps lifted
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Fannie Mae Spent $5.6M on Lobbying
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'Huge Disconnect': Banks Say They Work With Borrowers, But May Not
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Bernanke: High foreclosure rate hurts US economy
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Bernanke says 'we have a problem' controlling long-term mortgage rates
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Fed: Woe Is Us
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Och-Ziff has started buying troubled home loans
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Kimball Hill Homes to leave Florida, layoff corporate employees
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Forestalling foreclosure
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Mayor opens "war room" to fight foreclosures
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AZ: Valley home slump has lenders spooked
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Stick Figures to Blame for the Housing Crunch
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Subprime mortgage crisis hitting minorities harder, study finds
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The Real Scandal: How Feds Invited the Mortgage Mess
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Home Ownership: American Dream or Nightmare?
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Economy:

Bernanke Signals Further Rate Cuts
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Bernanke Says Sagging Growth Is Chief Concern
(NYT: separate free registration required)

Bernanke Pledges Fed Will Act in a `Timely Manner'
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Fed's Bernanke warns of more economic trouble
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Businesses, Worried About Economy, Invest Less
(NYT: separate free registration required)

US house sales, goods orders feed recession fears
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Is Inflation Being Ignored?
(WSJ: separate paid subscription required)

Fed Critiques: Too Timid or Too Aggressive?
(WSJ: separate paid subscription required)

N.J. flirts with recession
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Consumer Confidence Index Falls 12 Points
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Oil/Gas:

Blast Energy Services to Emerge From Chapter 11 Bankruptcy
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BioEnergy runs out of fuel
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House Votes to Rescind Tax Breaks for Oil Industry
(WSJ: separate paid subscription required)

Another try at taxing oil firms
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Alternative Fuels:

Judge OKs US Energy Settlement
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Banks want Central Illinois Energy
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Banking:

Citi's chief risk officer out after three months on the job
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Plenty of money out there for banks, says Barclays research head
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Forecast Of More Writedowns at World's Banks
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Canada Banks May Have First Profit Fall in Six Years
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FDIC Purchased by Taco Bell As Dead US Banks Soar :)
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UBS sued for offloading sub-prime assets
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UBS: Secure For Now
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Debt Collection:

'Zombie debt' can haunt you
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Failing economy makes for flourishing courthouse
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Municipalities:

Potential Bankruptcy Divides Vallejo Residents
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Vallejo races clock to avoid bankruptcy
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Vexed in Vallejo
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McCall negotiates with creditors
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How Big Cities Will Weather the Housing Slump
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States Feel Heat From Pension-Fund Woes
(WSJ: separate paid subscription required)

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Food/Drink:

Interstate Bakeries reports larger loss on lower sales
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Consumers start cutting back at bars and restaurants
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Buffets Holdings Receives Final Court Approval for New Funding
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Manchester makes offer for Xyience
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Celebs:

Jackson faces forced sale of Neverland
(DBN Subscription Required)

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Telecoms:

Sprint Nextel reports $29.5B loss in 4Q
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Sprint Posts Loss, Sees Customer Losses Deepening
(NYT: separate free registration required)

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Furniture:

Wickes price nearly $17 million
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Insider Compensation:

The IRS Throws Down the Gauntlet on Comp
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New Bankruptcy Opinions
(2 new opinions today) 

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)
(DBN Subscription Required)

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Sell your bankruptcy claim to the highest bidder www.T-REXauctions.com Distressed Debt Auctions

Bankruptcy Reform:

Senate's Reid to defy Bush veto on foreclosure bill
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Dirty Harry Tells Prez: "Make My Day!"
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MBA Hails Veto Threat on Senate Housing Bill
(DBN Subscription Required)

Banking lobby tries new argument to derail bankruptcy bill language
(DBN Subscription Required)

Reid: 'No expectation' of compromise on housing bill
(DBN Subscription Required)

Durbin, Bush Clash on Foreclosure Bill
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Changing Bankruptcy Rules and the Sanctity of Contracts
(DBN Subscription Required)

Bush is Brilliant Vetoing Mortgage Foreclosure Bill
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NYT Supports Bill Allowing Bankruptcy Judges to Rewrite Mortgages
(DBN Subscription Required)

Iraq Debate Continues, Blocking Housing Bill in Senate
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Health Care:

National Century Defense attorneys portray government's chief witness as liar
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NJHA: State Faces Access-to-Care Crisis
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Get Sick, File Bankruptcy
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Victory Memorial Hospital may shut ER over $1.2M loan woe
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Hospital CEO resigning
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Patient Care Ombudsman: A New Role In Health Care Bankruptcy
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Aviation:

Delta-Northwest deal idles, waiting for pilots
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Pilots stuck on choice to arbitrate
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Pilots Explain Consolidation Problems
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M&A:

Private equity turns to sovereign funds
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The buyout industry's big questions
(NYT: separate free registration required)

Blackstone to bypass banks, line up lenders
(DBN Subscription Required)

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Art:

Bankruptcy Judge Denies Salander's Request for Job at Gallery
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Books:

WorldCom Whistleblower Chronicles Fraud, Penny-Pinching Ebbers
(DBN Subscription Required)

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Financial Literacy:

Georgia High Schools Beef Up Personal Finance Lessons
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Fed Mishkin: Financial Literacy Could Have Softened Econ Woes
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Layoffs:

Mass layoff events and initial claimants for unemployment insurance, February 2004 to January 2008, seasonally adjusted
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Accounting:

Putting Auditor Judgments under a Microscope
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SEC 'professional judgment' plan draws fire from auditors, others
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Two at Deloitte Settle SEC Delphi Claims
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Credit Cards:

Credit card party is officially over
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UK:

BoE figure urges new risk strategy
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Millionaires caught in Egg crackdown on "high risk"
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Store cards 'most expensive form of debt'
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RBS Second-Half Net Rises 16%, Helped by Asset Sale
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The Bankruptcy and Diligence (Scotland) Act 2007
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MPs to probe Liechtenstein informant deal
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Germany:

Henkel to Cut 3000 Jobs
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Deutsche Telekom Unexpectedly Posts Quarterly Loss
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EU regulators open probe into German bank credit crisis aid
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DZ Bank Writes Down $2.1B in Investments
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Germany plans to involve EU in tax evasion probe
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Japan:

Osaka Pref. could face bankruptcy by 2016
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Japan Factory Output Falls 2 Percent
(NYT: separate free registration required)

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Spain:

Spain's Habitat agrees debt deal, beats bankruptcy
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Australia:

The vultures circle
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Allco Says There Is a `Heightened Risk' It Won't Refinance Debt
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Potential Centro Bids Mount
(WSJ: separate paid subscription required)

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Canada:

U.S. owners of N.S. rail car maker say plant to be placed in receivership
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Quebecor: Layoffs not sign of trouble
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EU:

European govt bonds edge higher as uncertainty trumps inflation
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Europe to Review Rules After Bailouts of 2 Banks
(NYT: separate free registration required)

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