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The Palin Hilton and The Sack of Wall Street

Oct. 27 2008, Published 7:07 a.m. ET

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NATURE'S LAWNMOWERS Goats of Los Angeles (Photo: LA Times) Here's the hot news of the morning!

Politics

• Republican VP candidate Sarah Palin "billed taxpayers for 312 nights spent in her own home during her first 19 months in office, charging a 'per diem' allowance intended to cover meals and incidental expenses while traveling on state business," and also billed the state for travel for her children and husband.

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• The prime minister of Thailand has been ousted for paid appearances on two TV cooking shows. Jeez, strict!

Law

• In the last five years, the Recording Industry Association of America has sued 30,000 people for illegal file-sharing. Only one case has been won by the RIAA in court—and it may end in a mistrial.

Business

New York Times lead business writer Andrew Ross Sorkin has some Tuesday morning quarterbacking on Henry Paulson's decisions on Fannie Mae and Freddie Mac.

• Which industry will be next to get a government bailout? Oh, hello, auto makers of America!

• Analyst: Everyone on Wall Street will be fired!

WTF

• Los Angeles is now employing goats to clean up weedy lots.

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