Also, I’ll reiterate from this morning: Why did Geithner say that the “the financial condition of the counterparties was not a relevant factor” in making banks whole? That was uncritically reported by the Journal this morning, but at least it was smart enough to report it. I didn’t see anybody else pick up on that. Anyone want to take that on?

ADDING: Floyd Norris asks another very good story-worthy question: Who wrote the credit-default swaps that Goldman Sachs and Merrill Lynch bought to protect themselves from an AIG collapse? They are also big recipients of the bailout. (h/t Felix Salmon)

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Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu. Follow him on Twitter at @ryanchittum.