1115.org

It takes brass balls to write an uncritical, borderline hagiographic story on Hank Paulson given all we know today. That clanging sound is just David Cho walking down the hall to collect his Pulitzer or whatever the prize is called when you get everything exactly wrong:

During his 28 months at the Treasury, Paulson has accumulated more power than nearly any of his predecessors and has wielded it boldly, even brazenly at times, in a bid to tame the financial crisis of a lifetime. He has burst through the customary boundaries that separate federal agencies, bent regulations to his will and pushed up against legal limits. As financial firms tumble and traditional oversight agencies prove impotent, Paulson has filled the void with his 6-foot-1 frame, summoning the rest of Washington and Wall Street to get in line.

David is going to have to take the rest of the day off to go home and change his trousers.