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CNN Paid Lou Dobbs $8 Million to Quit

That's a hell of a severance package.
 
 
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Although Lou Dobbs has been saying that his departure from CNN was an " amicable parting on the best of terms," the New York Post reports that CNN wanted him gone so badly that it gave him an $8 million severance package. Dobbs "had a year and a half to go on his $12 million contract." He'll be appearing on Fox News tonight to talk with Bill O'Reilly, who has called the former CNN host a " stand-up guy."

Amanda Terkel is Deputy Research Director at the Center for American Progress and serves as Deputy Editor for The Progress Report and ThinkProgress.org at the Center for American Progress.

 
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