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UPDATE: CNN Paid $8 Million in Severance, SNL Says “Adios” to Dobbs- Watch it

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Update from Amanda Terkel at Think Progress, in “CNN paid Lou Dobbs $8 million to quit:”

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.”

Only $8 million?

Via Huffington Post (This last line is priceless– a must watch):

“Saturday Night Live” went after Lou Dobbs this week, claiming he retired from CNN because he thinks the “C” stands for the Spanish word “si.” Dobbs, played by Darrell Hammond, went on to refer to his replacement, John King, as “Juan” King–a man he says may have paid for his dapper appearance with drug money.