Today's Takeaway: Fed Plans $400 Billion in Treasury Stimulus

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The Fed buys securities as Moody's downgrades three big banks; Troy Davis executed despite last ditch effort; PETA goes into the porn business; R.E.M. quits after 31 years; gamers help crack a major code conundrum for science; a tangled diplomatic web as U.S. discourages Palestinian statehood; former Gov. Granholm on Michigan's problems compared to national challenges; Iran releases hikers after two years; and a new play that imagines the last moments of Martin Luther King Jr.'s life.