Law:

Akin Gump Axes 47 Associates, 57 Staff
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Layoff Watch: Something is Going Down At Akin Gump
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King & Spalding Cuts 37 Lawyers, 85 Staff
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A&O to axe half of its leveraged finance practice
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McGuire Woods Cuts 1st Year Salary
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Kirkland & Ellis Revenue Up 7 Percent, Profits Flat
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Recruiters Confirm Reports of Andrews Kurth Layoffs
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Snow praises Clifford Chance despite being left out in the cold
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Bankruptcy's global onslaught
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The Great De-Leveraging
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The Client View of Law Firm Staffing
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Laid-Off Lawyers Find Themselves Adrift in a Crowd
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This Week In Layoffs
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21,000 Legal Jobs Lost in Last Year
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Thacher Pursues Former Associates Over Bar Loans
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For Affirmation Generation, Layoffs Hurt All the More
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Orrick’s New Talent Model: 3 Stages to Partner; More Contract Lawyers
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Options for Incoming Orrick First Years
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As Laid-Off Lawyers Look for Work, How to Find It Isn't Clear
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Nationwide Therapy Session
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Mayer Brown Chair to Step Down
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An S&C Without Rodge? Cohen Being Vetted for Role at Treasury
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Now Hiring: TARP, FCPA ‘Cops’ Looking For a Few Good Lawyers
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Legal Teams Secure Record $8 Billion Financing for Lyondell
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Expansion on Mind of Montgomery McCracken's New Chairman
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Law Firm Billing Goes Back to the Future?
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Lawyer Legal Market Stronger in Canada
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Skadden Skates Away With Lawyer’s Cup
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Obama rebukes attorney general for describing America as 'nation of cowards' on race...'If I had been advising my attorney general, we would have used different language'
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William Lerach, Without Contingencies
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Judges:

Ginsburg Plans to Stay on the Supreme Court, USA Today Reports
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Wall Street:

Stocks in Europe, Asia, US Futures Drop
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Dow 5000? It's a Bet That Looks Possible
(WSJ: separate paid subscription required)

Plunging Markets, Then and Now
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US Stocks Post Biggest Loss in Three Months as Banks Tumble
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Bear market in full growl, and the end isn't in sight
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Even for Market Veterans, It’s Uncharted Territory
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Wall Street Is Its Own Worst Enemy
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Is General Electric Next?
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GE chief says company prepared for worst
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Banking:

Nationalize? Hey, Not So Fast
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Top Republicans say banks should be allowed to fail
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Shelby: Citi is problem child
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Citi CDSs soaring, as stock plunges
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Schumer Says Next Bank Rescue Must Have Oversight
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Wells cuts dividend, wants to pay back TARP funds
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World's biggest banks to meet in London...
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BofA withdraws job offers to foreign MBAs
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Regulators seize seventh bank in Georgia
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Kerry Says Full Bank Rescue May Cost US More Than $2 Trillion
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'Animal House' Party Days Are Over for Banks
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Savers face the prospect of zero rates
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Cuomo Fights Bank of America Over Testimony
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FDIC Bill Dodges a New TARP Fight
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Top banks received $77b from AIG bailout
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U.S. Bank Transactions Steady As Spending Decreases
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Media:

CBS may have to borrow to pay off maturing debt
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Don't call them vultures, But some media execs are waiting for companies to fall into their laps
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Layoffs:

Unemployment Rate Rises to 8.1%, Highest in 25 Years
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Layoffs in US challenge traditional recovery strategies
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Recession Finds Even Those With Jobs Losing Pay
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Surging US Unemployment Rate Puts Pressure on Obama
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In February: 1,000 Jobs Lost Every 24 Hours
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McClatchy to cut 1,600 jobs
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The Limits of Job Training
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'I'm Being Downsized?'
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Layoffs humble upscale subdivision
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White-collar workers sing the blues
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Teen unemployment skyrockets
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Unemployment numbers far worse for blacks
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Artist Unemployment Rates
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Ohio school gets 700 applicants -- for one janitorial job
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Lean Factories Find It Hard to Cut Jobs
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Newspapers:

San Francisco Chronicle may cut half news staff
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McClatchy Cuts 15% of Work Force
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The truth about newspapers
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Burying the lede
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Who Really Killed the Rocky Mountain News?
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Could Customized Newspapers Bring Readers Back?
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The Ten Major Newspapers That Will Fold Or Go Digital Next
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Finance:

New Fears as Credit Markets Tighten
(WSJ: separate paid subscription required)

GE Capital Seeks to Buy Back $1.45 Billion of Debt
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Junk Bond Issuance Drops as Investors Seek Safer Alternatives
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Consumer Products:

Bankruptcy court approves financing for Spectrum Brands
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Municipalities:

Paying $100,000-plus backfires on strapped cities
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Stimulus Sparks State Fights
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Aviation:

Republic to take over Frontier DIP
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Frontier's February traffic tumbles 19.9 percent
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Admirers, belittlers disagree on legacy of Eclipse Aviation
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Eclipse 500 Owners Unite To Explore Bid For Assets
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Eclipse employees seek back pay, benefits through lawsuit
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Derivatives:

CDS: The Sabotaging Asset
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Scholes Advises "Blow Up" Over-the-Counter Contracts
(DBN Subscription Required)

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Mining:

Sterlite in new pact to buy Asarco for $1.7 billion
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Dip in copper price, mine value to help Sterlite acquire Asarco
(DBN Subscription Required)

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Credit Counseling

IRS Credit Counseling Industry Audits Data Released
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Growing Number of Consumers Seeking Debt Help
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How To Find Reputable Credit Counseling
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RVs:

RV makers' implosion
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Monaco Coach Corporation to Reorganize Under Chapter 11
(DBN Subscription Required)

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Defense:

Obama Puts Defense Industry on Notice
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Sovereigns:

Asia-Pacific Sovereign Default Risk Is Converging
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Apparel:

AnnTaylor Falls Most Since IPO; Job Cuts Trim Demand
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Lambertson files for Ch. 11
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Economy:

Jobless rate 8.1%
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Payrolls fall 651,000
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Recession Job Losses Top Four Million
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US jobs data could herald approaching bottom
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World Bank offers dire forecast for world economy
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When Economy Bottoms Out, How Will We Know?
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2.5 million jobs lost in last four months
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Geography of a Recession
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Food stamp enrollment jumps to record 31.8 million
(DBN Subscription Required)

The Fed Offers Banks An Outrageous Subsidy Via AIG
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Obama: Time of crisis can be 'great opportunity'
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Senior Republicans Call for 'Hard Choices' From Obama
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Stimulus Watchdog Toes Delicate Line
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Top Obama adviser urges global effort
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Authorities flail as markets and economy swoon
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Illegals to get stimulus jobs?
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Obama can not assure economy will grow again by end of year; Urges Americans not to 'stuff money in mattresses'
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Orszag Urges Patience On Economic Recovery
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Geithner, With Few Aides, Faces Challenges
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Keep Tim Geithner at His Desk
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Recession on Track to Be Longest in Postwar Period
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Obama recovery plans sowing some unease
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Obama's Un-Stimulus Package
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Follow the Stimulus Money
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Bernanke: Fed will use all tools at its disposal
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Next exit: The Bernanke interchange
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White House Seeks Economic Advice From 'Twitter' co-founder
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Generation OMG
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"I can hear the soft thumps as the rats land on my roof"
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Plunging assets cost $50,000bn
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Warren Buffett Says Economy Fell Off a Cliff
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Real Estate:

How About Adjustable Principal Mortgages Instead?
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Report on Foreclosures By Congressional Oversight Panel
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Four snapshots from around the nation
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How to deal with abandoned neighborhoods and trolling pillager
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Developer's high-rise enterprises in tatters
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Misery to Fortune at a Foreclosure Auction
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Tranche Warfare: MBS Investor Sues American Home Over REO Sales
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Making sense of the foreclosure-rescue maze
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Mortgage relief puts neighbors on different turf
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State must aid GA homeowners
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How long before middle-class South Floridians disappear?
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Trying to Get Out of a Real Estate Contract
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More turning to short sales to avoid bankruptcy's pitfalls
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Corporate Governance:

The duties of directors of distressed companies
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Celebs:

Michael Vick Needs Your Help
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Autos:

Auto Team Wraps Up in Detroit
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Obama Auto Task Force Members to Drive GM's Volt
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Auto panel seeks long-term answers
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There's no time to waste in saving the auto industry
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Auto Bond Spreads Narrow Before Fed Program Debut
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Congress Should Stop Giving GM Funds, Republican Lawmakers Say
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Top Republicans Call for GM to Declare Bankruptcy
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What bankruptcy would do to car companies
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GM admits bankruptcy risk is no surprise
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GM Says It Hasn't Changed Opposition to Bankruptcy
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General Motors May Need Up To $100 Billion If Pre-Packaged Reorganization Is Financed By The Government
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GM Gets Defensive Over Viability Doubts
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The collapse of General Motors
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Outside Buyers Drawn to Detroit's Foreclosed Homes
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GM shares reach lowest point in 75 years
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General Motors Drives Back In Time
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Chrysler More Expendable than GM
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Vote tight on Ford UAW concessions
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An Auto Show Opens in Denial
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GM dealers carry on amid crisis
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Auto Dealers Plead for US Help as Hundreds May Fail in 2009
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GM's woes could cut off credit to suppliers
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Chevy drivers hopeful GM can avoid bankruptcy for consumers, sport
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What the author of a new book on GM says about the company's future
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Ford, Daimler Peddle Optimism, Block Out Fear Factor
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GM’s Million Dollar Employees
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CAW reaches tentative labor agreement with General Motors Canada
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Opel threatening to close three plants, sack 11,000
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GM, Opel Hire Lawyers to Advise on Reorganization, Insolvency
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GM Denies Considering Bankruptcy Filing for Opel
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BMW Not Interested in Opel
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Merkel: Opel rescue plan must be improved
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Supplier failure could trigger more European automotive turmoil
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Resorts:

Trump luxury resort folds, leaving buyers strapped
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The Battle at Big Sky
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Food/Drink:

Reaching for the Bottom Shelf
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Bennigan's, Fresh Out of Bankruptcy Heads to Court with Franchisees
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Peanut Corp. of America Files for Bankruptcy
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Trustee for Equan Realty
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Gambling:

Gambling industry goes bust
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Gaming Expert Looks At The Future of Las Vegas
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Harrah's Casino Brand Moved To High Credit Risk By S&P
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Tropicana creditors to get plans
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Some casinos might be for sale, but pricing them is tricky business
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Resorts CEO hopes to save casino from foreclosure
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Travel:

DIP brightens Solstice finances
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Jet Set Suffers Again
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Hedge Funds:

Hedge funds alert to hammer falls
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Hedge fund investors turn to gold
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Hedge fund headache
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Video Games:

Midway's Mystery Man Materializes
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Furniture:

Comfort Co. bounces out of Ch. 11
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Better Bedding can tap cash
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Debt Collection:

Consumer Collection Complaints Up 11%
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Chemicals:

Chancery Court Rejects BASF's Claim to be Bought out of Partnership Involving Lyondell
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Bankruptcy Crimes:

Sentencing today for farmer's wife in bankruptcy fraud case
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Health Care:

The Presumption Against Patient Care Ombudsman
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Health benefits may be slump's next casualty
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Community hospitals face uncertain future
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Health network calls off hospital purchase
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Consumer Credit:

US Consumer Credit Climbed $1.76 Billion in January
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Spending Monitor Hits Record Low
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