Back in September, when Congress was debating the financial bailout, former House Speaker Newt Gingrich went on Fox News to decry how Fannie Mae and Freddie Mac had so “many politicians beholden to them” that no one would step up to protect American taxpayers.

Natalie Bancroft, meet Viet Dinh.

Proving it can cover its own corporate owners with energy, the Wall Street Journal yesterday gave a full account of the latest bumbling and stumbling of the Bancroft family.

Earlier this year, the family, after great indecision and internal debate, agreed to sell Dow Jones & Co., which owned the Journal, to Rupert Murdoch’s News Corp.