On the 15th episode of The Legal Docket, Rick Newman, the Chief Business Correspondent of U.S. News & World Report joins Ethan Kwassman to talk legal and political topics. They talk about how the huge trading loss at J.P. Morgan Chase affects ordinary people, why CEOs are cautious in this economy, Facebook's public offering struggles, President Obama campaign's anti-Bain business strategy, and the importance of resilience in today's economy. Rick Newman is also the author of the recently published Rebounders: How Winners Pivot from Setback to Success. Click here for an Amazon link to the book.

Kwass and Jay talk about Supreme Court Nominee Elena Kagan's credentials with Warren Richey of The Christian Science Monitor. Hear them also discuss the SCOTUS' decisions in the Mojave cross and Animal Cruelty cases. This week's docket also delves into the federal government's handling of the oil spill in the Gulf of Mexico and the Obama administration's plan to loosen Miranda rights when questioning terror suspects.

We talk about the financial overhaul bill in a round table with Joseph DiStefano, author of Comcasted and business reporter for the Philadelphia Inquirer as well as Peter Eavis of The Wall Street Journal. Hear us also discuss the failed car bomb attack in Times Square and the recently passed controversial Arizona immigration law.

James Beck, a counsel resident in the Philadelphia office of Dechert LLP, the author of the Drug and Medical Device Product Liability Handbook, and a blogger for the Drug and Device Law blog, among many other distinctions, joins Kwass, Jayvee, and Ilya as part II of the Legal Docket's Drug Laws segment to discuss some seminal Drug Law cases. The hosts also discuss President Obama's declaration of war on Al Qaeda.

Kwass, Jay, and Ilya preview the major legal issues and political events of 2010 on this half hour special. The hosts also discuss the aftermath of the attempted Christmas terror attack on the airplane bounded for Detroit.