- New documents show that the Federal Reserve knew about those AIG bonuses — and the potential for a media firestorm — more than five months before the controversy erupted, but didn’t tell the Obama administration until February. (Washington Post)
- Hoping to avoid similar spectacles in the future, the Obama administration is getting serious about ways to change compensation practices across the financial services industry. (Wall Street Journal)
- Republicans and Democrats outline several steps Nancy Pelosi could have taken after learning about waterboarding and other torture techniques through classified briefings. (The Politico)
- On the eve of his testimony before Congress, former top State Department lawyer Philip Zelikow, who wrote a memo offering an alternative view on the legality of torture, calls in an interview for an independent probe of the program. (Foreign Policy)
- Federal prosecutors are calling for a twenty year prison sentence for Alabama governor Don Siegelman, much longer than the sentence he originally received — even though two of the charges have been thrown out on appeal. (AP)
- And Philadelphia Inquirer publisher Brian Tierney confuses the legal right to free speech with editorial judgment, explaining that he gave Bush torture architect John Yoo a column in his paper because “the most important speech to defend is the speech you hate.” (New York Times)