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Dobbs' CNN Severence Exposed: $8 Mil to Leave

CNN apparently wanted Lou Dobbs out so badly that it gave him an $8 million severance package to leave. Dobbs had a year and a half to go on his $12 million contract and shocked viewers last Wednesday by announcing he was quitting.

CNN boss Jonathan Klein and Dobbs had been publicly feuding over the kind of reporting Dobbs was doing on his show -- especially stories about illegal immigration and his focus on the anti-Obama movement that contends the president is not an American citizen. "I tried to accommodate them as best I could, but I've said for many years now that neutrality is not part of my being," says Dobbs.

Klein has long believed Dobbs was at odds with CNN's desire to position itself as an opinion-free, middle-of-the-road alternative to its cable news rivals -- conservative Fox News and liberal MSNBC. Now Dobbs is free to take a job at another network, but he says it would be "weeks, probably months" before he decides what to do next.

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Read the whole story at The New York Post »

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