- In releasing the results of the the stress tests, the Federal Reserve cut their estimates by billions of the capital short-fall facing some banks, after haggling from the banks. (WSJ)
- House intelligence chair Pete Hoekstra says Nancy Pelosi was involved in torture “policy formulation” — suggesting a higher level of involvement by Pelosi than was yet known. (Not that Hoekstra’s past claims on the subject have always appeared to be reliable.) (Politico)
- Dick Cheney says he’s “convinced that we saved thousands, perhaps hundreds of thousands of lives” through torture. (CBS News)
- An internal AIG memo, which outlines a revival plan code-named “Project Destiny”, suggests the company is looking at a multi-year time frame to get back on track. (WSJ)
- Several banks, including Capital One and U.S. Bancorp, have announced stock offerings as they look to raise capital to help repay TARP funds. (Reuters)
- Former Alabama governor Don Siegelman, convicted in 2006 of corruption after what many observers called a politically motivated prosecution, has stepped up his campaign to lobby Attorney General Eric Holder to grant a rehearing of his case.
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