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CNN paid Lou Dobbs $8 million to quit.

By Amanda Terkel on November 16, 2009 at 10:44 am

"CNN paid Lou Dobbs $8 million to quit."

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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.”

Update

Dobbs will also be on The Daily Show with Jon Stewart on Wednesday.

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