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12 Apr 2009, 7:19 am
My blog posts frequently point out that general counsel—the people who pay BigLaw’s bills—love to whine but hate to act. [read post]
16 Feb 2009, 6:37 am
Third, by scaling back pay packages, law firms will be able to pull back their billing rates and allow second and third years to do whatever work may be available without incurring the wrath of hard-pressed clients.I take as a given that equity partners will share in this pain. [read post]
8 Feb 2009, 4:15 pm
Stearns (2006) wisely notes in his chapter on the legal perspectives of food irradiation: “Food irradiation has the capacity to substantially reduce not only the risk of lost sales that result from an outbreak or recall but also the lawsuits that inevitably follow. [read post]
12 Jan 2009, 10:01 pm
Subsequently, Theodore Sihpol won while Bill Fuhs and his family lost a year of his life before he won, too. [read post]
12 Jan 2009, 5:43 am
The venerable independent investment banks Lehman Brothers and Bear Stearns no longer exist. [read post]
6 Jan 2009, 1:08 am
And those events came after a raft of prior financial shocks, including the collapse of Bear Stearns, the seizure of the auction rate securities market, and the disintegration of U.S. residential real estate market. [read post]
29 Dec 2008, 1:23 am
" More21) Bill Miller comes up short: The fund manager's contrarian bets on Bear Stearns, AIG and Freddie Mac cost his investors plenty. [read post]
27 Dec 2008, 6:02 pm
Who here has ever had to worry about paying bills? [read post]
21 Dec 2008, 4:57 pm
Bear Stearns, Lehman, Merrill Lynch, gone, and Morgan Stanley and Goldman Sachs essentially far different from what they were. [read post]
15 Dec 2008, 6:38 am
 The Bill & Melinda Gates Foundation recently announced that less will be disbursed in grants over the next year than originally anticipated (in recent years, the annual amount disbursed has been about USD$3 billion of its USD$35.1 billion endowment). [read post]
24 Nov 2008, 9:02 pm
(Bailout 1: Bear Stearns; Bailout 2: AIG; Bailout 3: TARP preferred share investment; Bailout 4: the Citi-specific bailout. [read post]
24 Nov 2008, 3:43 pm
The bailout includes a Fed program to buy as much as $2.4 trillion in short-term notes, called commercial paper, that companies use to pay bills, begun Oct. 27, and $1.4 trillion from the FDIC to guarantee bank-to-bank loans, started Oct. 14. [read post]
18 Nov 2008, 5:43 pm
I should think we would give equal billing to the man who is supposed to know more than anyone else in the world about financial crisis--Fed Chairman Ben Bernanke. [read post]
11 Nov 2008, 9:14 pm
Those leafy precincts will be reserved for the micromanagers and macro-apparatchiks of liberalism--for Secretary of the Department of Peace Bill Ayers and Secretary of the Department of Fairness Bernardine Dohrn. [read post]
7 Oct 2008, 3:01 pm
” Finally, while Ackman declined to give Chris Cox a grade for his handling of the crisis, mostly because he’s regulated by the SEC, Bloomberg has a very interesting story today about censorship of the Inspector General’s Report issued nearly two weeks ago on the failure of Bear Stearns. [read post]
6 Oct 2008, 12:15 pm
  Most likely, the board didn't know and herein lies the failure of the Bailout Bill. [read post]