ANDREW MALCOLM, L.A. TIMES: Billygate: Why Obama Dumped Gov. Richardson Now.

UPDATE: Another Obama cabinet scandal? “A developer in New York state donated $100,000 to former President Bill Clinton’s foundation in November 2004, around the same time that Senator Hillary Rodham Clinton helped secure millions of dollars in federal assistance for the businessman’s mall project.” (Via John Stephenson). The hits just keep coming! But it’s hard to blame the Obama vetters here — who’d’ve thought there might be questionable stuff in the Clintons’ background?

ANOTHER UPDATE: Rand Simberg thinks this is bad for commercial space, given Richardson’s excellent record on the subject. I think he’s right.

MORE: Heh: “Another money problem for the Dems. Can’t we get a sex problem for a change? This is getting boring.” Stay tuned!