All day CNN has justifiably, but uncharacteristically, been going completely apeshit over this story :

The Bush administration gave control of six crucial ports to a Sept. 11-linked Arab nation after a flimsy investigation and with weak guarantees the company in charge can stop Osama bin Laden from infiltrating, the House homeland security chairman said.
. . .
The firm, Dubai Ports World, owned by the United Arab Emirate of Dubai, cut a $6.8 billion deal last week to buy control of the ports – including Manhattan’s cruise ship terminal and Newark, N.J.’s, giant container port – from a British firm.

A source with knowledge of the purchase echoed the chairman, telling The News that while Department of Homeland Security administrators rubber-stamped it, senior analysts at the agency were never told, and they don’t like it now. News of the sale, approved by a secretive multi-agency panel headed by the Treasury Department, has sparked a growing outcry from both political parties.

Yes, this is a big, big deal, but with the way they’re on the warpath, you’d think this was the first questionable business deal by the Bush Administration. What’s wrong CNN? Have the endless examples of war profiteering not been as interesting as, say, a bad land deal in Arkansas?