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Firms Get Ready for Wave of Bankruptcy Filings (Law.com)
A steady rise in corporate bankruptcy filings throughout 2008 is expected to crescendo in 2009 and 2010, with collapses spreading from the retail, auto-related, real estate and financial industries to almost any area affected by the downturn in consumer spending, lawyers say. In response, law firms are reviewing the size of their bankruptcy teams to make sure they've lined up the attorneys ...

Jim Porter: The LAST estate planning piece (finally!) (Sierra Sun)
Well the good news is, this is the last of our estate planning columns. As boring as they may be, I received a surprisingly positive response from readers who know they and their parents need to plan their estates, even small asset estates.

Auctions feature deep discounts, but buyer beware (Pittsburgh Tribune-Review)
As the mortgage and credit crisis continue, the Pittsburgh region is likely to see more auctions of foreclosured properties like the one Real Estate Disposition Corp., of Irvine, Calif., conducted last month.

Warning: More Doom Ahead (Foreign Policy Magazine)
“Because the United States is such a huge part of the global economy, there’s real reason to worry that an American financial virus could mark the beginning of a global economic contagion.”

25 Years of Conventional Wisdom, Down the Drain (New York Times)
In this harsh climate on Wall Street, investors may need to rethink some of their basic assumptions about certain asset classes and diversification.