Today’s New York Times contains a lengthy article discussing the financial woes of Air America Radio. The Times, which describes Air America as a “liberal network” created to be “an alternative to right-wing talk radio,” says that the now-bankrupt network “was engulfed in a series of financial crises.”

But the paper—whose famous tag line is “all the news that’s fit to print”—inexplicably fails to mention the most significant of those self-inflicted crises.

In July 2005, word leaked out that the New York City Department of Investigation was looking into Air America Radio for its role in diverting hundreds of thousands of dollars from a Bronx charity. The Attorney General of New York later opened an investigation over allegations that Air America ended up with $875,000 intended for underprivileged kids at the Gloria Wise Boys & Girls Club. The scandal eventually caused the club to shut down after having its charter yanked.

In August 2005, I noted that major establishment news outlets—including the New York Times—were ignoring the Air America scandal.

Here we are, well over a year later, and the Times is still doing everything it can to gloss over that scandal. In an article that measures over 1,600 words—an article whose unifying theme is the financial mess that is Air America—the Times can’t even bring itself to print word one about the fact that the supposed champions of the dispossessed felt no compunction about ripping off inner-city kids so they could keep their million-dollar hosts on the air.

All the news that’s fit to print? Or all the news that fits their ideology?