The mystery of the missing SNL bailout sketch is solved. According to Hollywood reporter Nikki Finke, NBC is editing the video to protect themselves from a likely lawsuit from real-life Herb and Marion Sandler (the folks labeled "people who should be shot" in the sketch).

Once the offending caption is removed it should be back online.

UPDATE: And here it is:



UPDATE 2: I didn't catch this the first time, but the legal eagles over at Volokh noticed the "people who should be shot line" wasn't the only one SNL deleted. It appears they've also cut references to Barney Frank's role in the problem.

As they note:

In the original skit Sandler addresses Frank, saying, "And thank you Congressman Frank as well as many Republicans for helping block Congressional oversight of our corrupt activities."

To which Frank replies enthusiastically, "Not at all!"

All that's gone in the new version.