Declaring “justice has been done,” President Obama announced that Osama bin Laden was killed by U.S. forces in Pakistan, marking the end of the worldwide manhunt that began nearly a decade ago on Sept. 11, 2001.

The president made the stunning announcement within hours of informing congressional leaders. He said bin Laden was killed the day before, on Sunday, May 1, the culmination of years of intelligence gathering. The news drew a large crowd to the front of the White House, as well as in Times Square, as people chanted “U-S-A. U-S-A.”

Obama, in his address to the nation shortly before midnight, thanked the Americans who have toiled in pursuit of bin Laden and applauded those who carried out the successful mission in Pakistan. Describing that mission only briefly, he said its result “is a testament to the greatness of our country.”

“For over two decades, bin Laden has been Al Qaeda’s leader and symbol,” Obama said. “The death of bin Laden marks the most significant achievement to date in our nation’s effort to defeat Al Qaeda.”

The president traced the death of bin Laden to a tip received last August. He said he was briefed at the time on the “possible lead,” and that after months of intelligence work it was determined bin Laden was hiding in a compound “deep” inside Pakistan. Obama said, after determining the intelligence was sound, he authorized the operation to bring him to justice last week.

He said a “small team” of Americans went after bin Laden in Abbottabad on Sunday. “After a firefight, they killed Osama bin Laden and took custody of his body,” the president said.

Senior administration officials, in a briefing with reporters, afterward said the administration had determined by February that they would pursue the compound “custom built to hide someone of significance” in Pakistan. This decision led to a series of national security meetings starting in March to develop a course of action. Obama gave the final order to pursue the operation on April 29, officials said.

The house was 100 yards from the gate of the Kakul Military Academy, an army-run institution where top officers train. A Pakistan intelligence official said the property where bin Laden was staying was 3,000 square feet.

http://www.foxnews.com/us/2011/05/01/usama-bin-laden-dead-say-sources/