The WSJ misses a bailout story

Says David Sirota, who claims the daily soft peddled the blog Naked Capitalism's recent scoop about a Treasury Dept. conference call held amidst the recent bailout negotiations. On the call, which was designed to reassure Wall Street speculators, officials stressed all the supposed Democratic “improvements” to Henry Paulson's original bill were specifically written to be unenforceable.

The Journal on Friday finally got around to reporting on the two-week-old conference call, but only after the bailout passed.