Deal: Congressional leaders agreed Wednesday on the details of a nearly $790 billion stimulus package, an unprecedented attempt by the federal government to jolt the economy, create millions of jobs and ease the financial woes facing individuals, businesses and states, reports The Washington Post.
Flip the Script: While law firm layoffs have certainly been known to lead to lawsuits, it's not every day when a firm turns around and goes after a former employee -- especially when that individual is a former associate, reports The American Lawyer (via law.com). But that's the case with Perkins Coie. The firm filed a breach of contract suit against former IP associate David Xue in Alameda County Superior Court in Oakland, Calif., on January 29. According to court documents, Xue left the firm for Goodwin Procter in September 2008. Now Perkins Coie wants to recoup $36,334.25 it claims Xue owes the firm for advanced payments towards his law school tuition and related expenses
New Hire: The Obama administration is expected to nominate Preet Bharara, who investigated the firing of eight U.S. attorneys by President George W. Bush, as the U.S. attorney for the Southern District of New York, several people familiar with the matter tell The Wall Street Journal. The U.S. attorney for the Southern District, who is based in Manhattan, has traditionally played the leading role in policing business-related corruption and white-collar crime and serving as Wall Street's watchdog. The office is currently handling the investigation of Bernard Madoff's alleged multibillion-dollar Ponzi scheme.
Unfinished Business: A a USA TODAY/Gallup Poll found majorities in favor of investigating some of the thorniest unfinished business from the Bush administration: whether its tactics in the "war on terror" broke the law. Close to two-thirds of those surveyed said there should be investigations into allegations that the Bush team used torture to interrogate terrorism suspects and its program of wiretapping U.S. citizens without getting warrants. Almost four in 10 favor criminal investigations and about a quarter want investigations without criminal charges. One-third said they want nothing to be done. USA Today has the story