Weintraub: Arnold out, Riordan in

The recall calculus is altered if what Dan Weintraub of the Sacto Bee reports on his blog is true: that Schwarzenegger has opted not to run, meaning that former mayor Richard Riordan probably will. Weintraub posted at 6:30 a.m., which could mean he begins reporting pretty early in the day -- or had it last night and sat on it. Aside from any effect on Gray Davis, the main L.A. question is does this finally kill Riordan's newspaper dream?

Update 1:20 p.m.: Weintraub's other source, Schwarzenegger's political adviser, says Arnold has made no decision yet.