three things

a: an example of why you can learn more from bloggers, and their commenters, than the meadea:

http://tpmdc.talkingpointsmemo.com/2009/03/report-treasury-knew-about-aig-bonuses-earlier-than-geithner-claims.php#comment-3411707

and

http://www.salon.com/opinion/greenwald/2009/03/17/dodd/index.html

b: put the blame where it is due, 8 years deregulation by bush/cheney, paulson who put the bailout together, and the democratically controlled congress who passed it

c: in an attempt to fix the problems now before us, obama compounds it by picking for treasury secretary a person who helped create the mess in the first place, the democratically controlled senate confirms him any way, and, as the first links says, we are shocked, shocked by the relevations of the day