The last time the NYT really wrote about the deal was this gushing piece two and a half years ago. The AP hasn’t written about it in more than two years. Almost no one besides Johnston has covered the Court of Appeals ruling. This Daily News editorial and Times Union news story are the exceptions.

Surely one of the biggest corporate giveaways in history deserves more scrutiny than this, as does the questionable court ruling justifying it.

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