New Mexico Governor Bill Richardson Drops Presidential Bid

Late breaking Wednesday, following fourth-place finishes in the last two primaries, New Mexico Governor Bill Richardson is dropping his Democratic presidential bid.

Richardson was seen as one of the most qualified in the race and also likely able to mobilize the Hispanic vote, based on his connections to it's communities. 

One of the more memorable campaign moments from the Richardson bid came during a television ad, where Richardson "applies" for the job of President.  Richardson names a long list of qualifications only to be questioned by an employer as to why he should hire him.

Richardson has yet to endorse any other candidates, in what could prove a crucial "bump" to either the Clinton or Obama campaigns.