We now know exactly how much banks and financial institutions borrowed from the Federal Reserve during 2008 financial crisis — $1.2 trillion. According to Bloomberg, that's enough $1 bills to fill "539 Olympic-size swimming pools."
The biggest borrower, Morgan Stanley, got $107.3 billion, Citigroup and Bank of America followed close behind with $99.5 billion and $91.4 billion respectively.
Today, a memorial to he civil rights leader Martin Luther King opened to the public. The official dedication is on Sunday but visitors to the National Mall in Washington, D.C. can see the 30-foot sculpture today.
The big breaking story of the day, so far, comes from Libya. Opposition fighters have started to take control of Tripoli, and may be closing in on Moammar Gadhafi. As we reported earlier, the sudden shift in momentum appears to have happened because the opposition has gotten better organized and NATO stepped up its air attacks.
Libya's opposition leadership declared Monday that the decades-old regime of Moammar Gadhafi is finished, but intense fighting raged in parts of Tripoli as loyalists refused to cede control of the capital.
After six months of often brutal fighting, rebels pushed into Tripoli over the weekend in what many Libyans hope marks the end of Gadhafi's 42-year reign.
Obama issued the statement after conducting a conference call with members of his national security team:
Tonight, the momentum against the Qadhafi regime has reached a tipping point. Tripoli is slipping from the grasp of a tyrant. The Qadhafi regime is showing signs of collapsing. The people of Libya are showing that the universal pursuit of dignity and freedom is far stronger than the iron fist of a dictator.
Last January a Minnesota man's heart stopped beating for an amazing 96 minutes. Emergency room doctors thought he was dead. But first responders who gave CPR on the scene decided not to give up, in part because of technology that allowed them to see their efforts were working.