William Easton and three other longtime criminal defense attorneys in upstate New York began laying the groundwork to start their own firm midway through 2008, with the goal of opening up shop in October.

Of course, the economy went into a virtual freefall just weeks before the planned launch date. In swift order, venerable investment houses went under or were bought at bargain prices, credit markets seized up and bemoaning 401k losses became something of a national pastime.

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