BUG #5668: initdb failed to create postgres database

The following bug has been logged online:

Bug reference:      5668
Logged by:          Dan Posey
Email address:      dan.posey@gmail.com
PostgreSQL version: 9.0
Operating system:   Ubuntu 10.04 LTS Server
Description:        initdb failed to create postgres database
Details:

initdb did create the directory structure and and files but there is no
postgres database.

Can login using psql but no postgres database. Same after creating
connection with pgAdmin.

Error: column "datconfig" does not exist..........