• The Government Accountability Office has concluded that the Treasury Department has no mechanisms to comply with the $700 billion bailout plan restrictions. Speaker Pelosi called the report evidence that the Treasury Department's actions are not accountable to the American taxpayer. — AP [1]
• Republican Senator Saxby Chambliss reclaimed his Senate seat after winning yesterday's Georgia runoff. The Democrats will not have a 60 seat filibuster-proof majority. — AP [2]
• US Secretary of State Condoleezza Rice urged Pakistan to cooperate fully in bringing the Mumbai attackers to justice. While in Delhi she said Pakistan has a "special responsibility to do so." — BBC News [3]



• Harvard's endowment, the largest in the US, has taken at 22 percent hit in the last four months. It has lost $8 billion. — AP [4]
• Passengers flying out of Los Angeles had to wait nine hours on the ground before take off because the smaller airport did not the staff to process exciting passengers. The original flight would have taken less than five hours. — LA Times [5]

Source [6]