Wall Street Jitters: Positive economic news due out today may help the markets recover from Thursday's wild plunge and rebound, but it will still be a tense day, CNNMoney reports. The New York Times recounts how Thursday went for Treasury Secretary Timothy Geithner, traders, and the media.
Cobell Settlement in Jeopardy: The settlement agreed to last December to end the massive Indian trust litigation may be toast because of a dispute over legal fees. This American Lawyer article via law.com pulls together the latest on the dispute, including earlier BLT posts.
Nomination News: Nothing concrete yet about when President Obama will name his pick for the Supreme Court. But the tight lid on news is no accident, according to this New York Times profile of White House counsel Bob Bauer. Even before he took the job, Bauer was developing a new strategy for the process, including strict secrecy and more aggressive response to attacks on potential nominees -- all to keep the president's options open.
Family Services Calamity: D.C. budget cuts triggered layoffs Thursday of more than 100 workers at the city's Child and Family Services Agency, The Washington Post reports. Hardest hit were social service assistants who aid already overwhelmed social workers. All 57 were laid off. "This is like a hospital, and they just cut all the nurses," said one.
NPR Does Lady Gaga: Okay, it's Friday, so here's something casual. For unknown reasons, National Public Radio personalities decided to spoof a Lady Gaga song, with fairly hilarious results on YouTube. Lawyerly readers will especially want to look out for Nina Totenberg, NPR's Supreme Court correspondent, and Ari Shapiro, formerly the DoJ reporter and now at the White House. (Hat tip to Kathleen Cullinan.)