Law:

Cooley Corporate Stars Switching to Dewey
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Weil Calls Halt to Lockstep, Cuts Starting Salaries
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In Battle of the Super Litigators, Boies Trumps Wells
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Jones Day Adds Bankruptcy Partner
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Baker & McKenzie Cuts 11% of Its Lawyers in Hong Kong, China
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Cadwalader Offering Sabbaticals in Place of Layoffs
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Layoff Watch: Cadwalader offers 'sabbaticals' to 34 lawyers
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Are Law Firms Beginning a Summer Doldrums for Layoffs?
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Heller Estate Hires Counsel for Possible Suit Over Loss of IP Group
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Aid Your Job Search: Get Published
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Happy, Happy, Joy, Joy! U.S. News to Rank the Law Firms
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Interest in Alternative Billing Arrangements Heats Up
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Linklaters, the World's Largest Law Firm
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Law Firm Billing Rates
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Lawyers Abound at Probate Hearing on Michael Jackson's Estate
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Indicted Lawyer Says Feds Recruited Clients, Fellow Lawyers in Probe
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An Open Letter From Sarah Palin’s Lawyer, Thomas Van Flein
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Best Excuse for an Extension, Ever
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Lawsuit of the Day: Can I Take Back That One Million Dollar Challenge?
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Baker Botts Summer's Curious George Act Doesn't Go Over Well
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Former AG Gonzales Joins Texas Tech Faculty
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Are Law Schools Like GM? Why Profs Should Mull End of 'Salad Days'
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University of Illinois Law "Jobs-for-Entry" Scheme Revealed [Update]
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University of Illinois Faculty Strike Back
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On-Site Interviews Drop by 45 Percent at Texas Law School
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Judges:

ABA Committee Gives Sotomayor Top Rating
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A Dozen Themes Frame Sotomayor Hearing
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Ethics Complaint Says Judge Harassed Women
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Judge Suspended for Demeaning Remarks
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Wall Street:

US Stock-Index Futures Are Little Changed
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Asian Stock Markets Tumble as Caution Sets In
(DBN Subscription Required)

Europe stocks fall to 10-wk low
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Wall St hits 10-week low
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Dow falls 161
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Wall Street's Newest Product Is Tale of Denial
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Wall Street refuses to give up capacity
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As Earnings Loom, Wall Street Starts to Worry
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Q2-2009 IPO Activity Grows Seven-Fold Over Q1-2009, Signals Some Deal Optimism
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Commodities:

Regulator mulls limits on commodities trading
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Layoffs:

National and State by State Unemployment Rates
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Job Openings Rate in U.S. Remained at Record Low 1.9 Percent in May
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Weyerhaeuser closes Louisiana mill
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Massive layoffs finalized by FUSD
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Identity Thieves Target Job Seekers
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Men Suffer Brunt of Job Losses
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Portrait of a Young Jobless Father
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Jobless Execs Foot Outplacement Bill
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Retraining Isn't the Answer
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Amid Cutbacks, Employers Add Perks
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Unemployment past 10%?
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Why Unemployment Could Hit 14%
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A call to public service and a weak economy create shift in career paths
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The Labor Market Is Worse Than You Think
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Banking:

Economist: FDIC gearing up for bank closures
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Toxic Asset Program May Be Too Late to Help Banks
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Stringent rules for PE in failed banks
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U.S. tightens reins on Union Federal
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Are Large Banks Now Too Big to Foil?
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Germany's biggest bank admits spying on staff
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Hedge Funds:

EU Hedge Fund Rules Need 'Major Surgery,' UK Says
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How to discipline a hedge fund
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Fallen Angel In Fix
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Meriwether Said to Close Hedge Fund After Loss
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Top Ten Hedge Fund Wife Must-Hads
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Aviation:

Southwest Airlines June traffic falls 2.1 percent
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Southwest Airlines offers $30/$60/$90 fare sale
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Airlines fly fewer passengers in June
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Does Obama Want to Own the Airlines?
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Why There Won’t Be Standing-Room Only Jets Or Pay Toilets
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Debt Collection:

'Abusive' debt collection bill advances in NJ
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Student Debt:

Diverse Coalition Releases Student Loan Reform Proposal
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Groups Hope To Keep Private Lenders' Role In Student Loan Market
(DBN Subscription Required)

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Agriculture:

Farm banking crisis
(DBN Subscription Required)

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Telecoms:

MatlinPatterson to shake up Nortel auction
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Nortel bondholder may try rescue bid
(DBN Subscription Required)

FairPoint wants out of $845K in Maine fines
(DBN Subscription Required)

Nortel's disabled benefits may go
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U.S antitrust regulators approve Nokia-Nortel deal
(DBN Subscription Required)

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Municipalities:

Big Banks Don't Want California's IOUs
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In California, Even the I.O.U’s Are Owed
(DBN Subscription Required)

Bank conundrum on California IOUs
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A New York Solution for Bailing Out California
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Municipal bankruptcy bill to get first hearing
(DBN Subscription Required)

Are Municipal Bond Defaults the Next Financial Crisis?
(DBN Subscription Required)

Gov. Lingle to announce more spending cuts, issue layoff notices
(DBN Subscription Required)

In Summer Hideaway for the Rich, Slump Is Visiting, Too
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Detroit Mayor to seek concessions from city labor unions
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Television:

Young Stations to be Auctioned July 14
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Anything for Money at KRON
(DBN Subscription Required)

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Fraud:

Stanford lashes out at federal prosecutors
(DBN Subscription Required)

Former Stanford Advisers Form Charlotte Wealth-Management Firm
(DBN Subscription Required)

Bank in Stanford case 'has no cash whatsoever'
(DBN Subscription Required)

Sir Allen Stanford - US receiver defeated on COMI
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Madoff Investor Moves to Dismiss Damages Suit
(DBN Subscription Required)

Ruth Madoff to get passport back
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SEC Freezes Assets of Dallas Company Provident Royalties
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"I Should Have Said No."
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Finance:

Junk-rated borrowers flex their muscles
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The new face of securitization
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Jewelry:

In a Downturn, Jewelers Aren't So Precious
(DBN Subscription Required)

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Credit Cards:

7-Eleven leads fight against what it calls excessive credit card fees
(DBN Subscription Required)

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Economy:

Obama advisor: More Stimulus
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Democrat Leaders Cautious About Talk of Stimulus Sequel
(DBN Subscription Required)

Reid Says He Doesn't See Need for Second Economic Stimulus Plan
(DBN Subscription Required)

Froman Says Economic Risk Remains, Too Soon for Exit
(DBN Subscription Required)

Incidentally, Joe Biden Was Wrong About That Whole 'Misreading the Economy' Thing
(DBN Subscription Required)

Do we need a second fiscal stimulus? Lessons from Japan
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Blue-collar jobs, yard sales
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Pope Urges New World Economic Order
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G8 Sees Continued Perils For World Economy
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Boost in Food Stamps Helps Economy
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Is The Recession Already Over?
(DBN Subscription Required)

TARP-o-Meter Loses $3.8 Billion More in June
(DBN Subscription Required)

An Ill-Timed and Ill-Targeted Stimulus
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Stimulus: Where's the $787 Billion?
(DBN Subscription Required)

BlackRock Said to Get Treasury's PPIP Selection With Invesco, Wellington
(DBN Subscription Required)

Debt Burden Accelerates Global Power Shift as G-8 Countries Lose Influence
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Economy Tracker Map
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Recovery Index
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______________

Real Estate:

House Prices Fall In June
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US Home Prices to Fall Through 2011's First Quarter
(DBN Subscription Required)

US MBA Mortgage Applications Index Rose 11 Percent Last Week
(DBN Subscription Required)

Delinquencies On Home - Equity Loans, Credit Cards Hit Historic Levels
(DBN Subscription Required)

FBI: Mortgage fraud 'rampant' and growing
(DBN Subscription Required)

Kansas AG sues five mortgage rescue companies
(DBN Subscription Required)

Fed Study: Mortgage Lenders Avoid Reworking Loans
(DBN Subscription Required)

US Housing Market Is Cursed by Brain Freeze
(DBN Subscription Required)

Another $2 trillion of losses and millions of foreclosures to go
(DBN Subscription Required)

Luxury Home Market Stalls
(DBN Subscription Required)

Office Rents Decline
(DBN Subscription Required)

Foreclosure counselors can't keep up
(DBN Subscription Required)

Opus calls NW company strong despite siblings' bankruptcies
(DBN Subscription Required)

Opus West says it owes $1.46 billion
(DBN Subscription Required)

Real estate partnerships try to push Miller Commercial into bankruptcy
(DBN Subscription Required)

Home builder Renaissance files reorganization plan
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The Upside of Foreclosure
(DBN Subscription Required)

Funding moves Mortgages Ltd. From Chapter 11
(DBN Subscription Required)

Moody's Downgrades $7.6bn of Jumbo RMBS
(DBN Subscription Required)

Mortgage Securities Don't Limit Loan Modifications, Fed Says
(DBN Subscription Required)

Spreading Problem: More Prime Borrowers Delinquent on Mortgages
(DBN Subscription Required)

PMI Risk Index Reflects Brunt Of Recession
(DBN Subscription Required)

US Commercial Real Estate Market Volatility Up Sharply
(DBN Subscription Required)

Calif. Attorney General Sues Lawyer Over Homeowner Fraud
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Court Severs Sheldon Good & Co. Founder's Ties To Firm
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_____________

Consumer Credit:

Credit delinquencies hit record high, 3.23% of all accounts
(DBN Subscription Required)

US credit card chargeoffs rise to record-S&P
(DBN Subscription Required)

______________

Autos:

GM and Chrysler: The End of Bankruptcy as We Know It?
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How did the automakers emerge from bankruptcy so quickly?
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Automaker Bankruptcies , Turbocharged
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Certification Denied
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Not so fast (says GM)
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Push to hear GM appeal rejected
(DBN Subscription Required)

Claimants in G.M. Tort Cases Are Denied
(DBN Subscription Required)

Bankruptcies Leave GM, Chrysler Defect Victims in the Dust
(DBN Subscription Required)

What's The Rush?
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Opponents of GM sale plan move to block deal
(DBN Subscription Required)

GM Appeals, Part Deux
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GM Asbestos, Car Crash Claimants Want to Skip to Appeals Court
(DBN Subscription Required)

GM's uphill climb out of bankruptcy
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GM asks judge to cancel 38 dealer contracts
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GM Asks Bankruptcy Judge To Void 70 Dealer Contracts
(DBN Subscription Required)

GM Faces `Cultural Change' as Alliances End Era of Detroit Calling Shots
(DBN Subscription Required)

GM, U.S. Backers Face Rough Road
(WSJ: separate paid subscription required)

I Expect Better of The New York Times
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Lear Files For Bankruptcy, Icahn Among DIP Providers
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Lear bankruptcy may signal a trend
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Lear hopes for speedy Ch. 11
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Lear asks court for permission to pay $135 million to suppliers
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How Did Lear Decide Which Suppliers are its Critical Vendors
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Lear Files for Bankruptcy With Backing From Creditors
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Federal-Mogul Considering Delphi Bid
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American Axle amends credit agreement, shares fall
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Will black middle class fade with Big Three?
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You know it's bad when even the robots are out of work
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Weil Gotshal Wins Full Summary Judgment for Chrysler Canada
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GM Said to Meet German Officials to Discuss Opel Bids
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Beijing Auto is not such an eccentric Opel suitor
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Thuringia EconMin opposes BAIC's Opel offer
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China's BAIC faces tough odds in Opel bid
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GM Europe still favors Magna for Opel
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Germany Says Mid-July Opel-Stake Decision Is Unlikely
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BMW, Mercedes Sales Drops Slow as Contraction Wanes
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______________

Auto Racing:

International Speedway Hits Wall
(DBN Subscription Required)

______________

Video Rentals:

Blockbuster Considering Closing Retail Stores
(DBN Subscription Required)

______________

Credit Cards:

Credit card holders stuck in deals
(DBN Subscription Required)

______________

Health Care:

Trustee: annul clinic bankruptcy
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Sequoia offers no quick fix for health care
(DBN Subscription Required)

VHS may sell rest of assets
(DBN Subscription Required)

Ex-Brownsville Hospital Exec Guilty In $200K Theft
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Hospitals Agree to $150 Billion in Savings for Health Overhaul
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Senators May Drop Tax Plan for Worker Health Benefits
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Obama Overrides Aide on Health Insurance 'Public Option'
(DBN Subscription Required)

______________

Food/Drink:

Cops purchase struggling doughnut shop
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______________

Newspapers:

Judge OK's Journal Register bankruptcy plan
(DBN Subscription Required)

Tribune in second pact to sell Cubs: report
(DBN Subscription Required)

All of the Misinformation Out There About the Sale of the Cubs
(DBN Subscription Required)

New York Times Said to Delay Globe Bids Until at Least July 20
(DBN Subscription Required)

Black Newspaper in Boston Suspends Publication
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Big papers made 12 percent profit in '08
(DBN Subscription Required)

______________

Oil/Gas:

Oil in Downtrend, May Fall to $50
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Oil, Gas, Commodity Market Speculation May Face Restrictions
(DBN Subscription Required)

US Raises Oil Price Outlook 2.8% on Expected Economic Rebound
(DBN Subscription Required)

______________

Distressed Investing:

Investment companies slash cash holdings
(DBN Subscription Required)

______________

Bonds:

Junk Bonds Are 'Incredibly Dangerous' After Rally, Peters Says
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Default - Fitch: US Bond and Loan Recoveries Sink
(DBN Subscription Required)

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