Morning Wrap: 2/9/12

Top of the morning’s news:

• The $6.2 billion Stanford just raised in private donations is the most ever by an American university. Mercury News
• San Francisco-based Giga Omni Media, which publishes the GigaOm tech blog, is buying digital media news site PaidContent.
• Why the future of gay marriage in California may come down to Justice Anthony Kennedy. LA Times
• A federal study says the $1 billion it would cost to raise the dam at Lake Shasta as a way to increase the state’s water supply would be feasible and economically justified. Chronicle 
• Richmond’s police chief tells a jury that a picture he posted five years ago that landed him in a racial bias lawsuit was just a lame joke. Chronicle
• Ex-Giants slugger Barry Bonds can keep his baseball bats while on probation. Chronicle 
• Ninety percent of Northern California salmon are raised in hatcheries; and why that’s bad for those in the wild. The Bay Citizen
• Ex-East Bay congresswoman Ellen Tauscher, who recently left the State Department, signed on to head the Scowcroft Center on International Security, a DC think tank. Political Blotter