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Panic At CBS AS Suits Realize They Are On The Hook For 100s of Millions $ For Letterman The Letch
Friends and fiends at network in NY | MB26

Posted on 10/03/2009 7:53:29 AM PDT by MindBender26

There is panic at Black Rock

Last evening, at an executive-level party attended by some of the Senior Suits from CBS, (and others,) Letterman was the ONLY topic of conversation. There was clearly panic in the air. And old friend/fiend who was there said it was more delicious than the cold Hors’ Dourves and watered down Scotch.

There was no concern for the moral implications of Letterman’s actions, of course. The big worry was about the huge cost of litigation from all the victims of Letterman’s slippery zipper.

When the news of the trouble was first announced, there was about an hour of relief that “Dave” had dodged the bullet and the show/network was safe.

Then the calls from the lawyers started. It didn’t matter whether they were from CBS outside counsel or the victims lawyers; the message was all the same. “It’s goona cost big time.” In Letterman’s pathetic attempt at humor, he had proven all the potential plaintiff’s cases, and turned millions of potential jurors against him.

At first CBS itself thought they were protected by two elements. His staff may actually work for World Wide Pants, Inc, Letterman’s separate, private production company. Sorry, but that will only slow the lawyers down for about 30 minutes. CBS provided the working environment, venue, etc.

CBS IS on the hook for any damages.

Secondly, many liability policies specifically exclude or limit coverage for sexual harassment. No one was willing to talk about that end of it…. but those that knew were not happy.

Bottom line, when all said and done, depending on how many women (and possible men) were involved/victims, CBS will probably write checks in the $100,000,000 range. They cannot afford to let this go to public trial... and therefore any settlement will be for "telephone numbers... with area codes!"

Serves them right!

And Sarah Palin’s book is doing so very well everywhere…..


TOPICS: TV/Movies
KEYWORDS: cbs; karma; letterman
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To: dalebert

Only the plaintiffs and their lawyers.


41 posted on 10/03/2009 8:08:49 AM PDT by Let's Roll (Stop paying ACORN to destroy America! Cut off their government funding!)
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To: Larry Lucido
Assuming the sex was consensual and not forced under threat of dismissal

Every demand from one's employer carries with it an implied threat of discipline, dismissal, loss of future opportunity.

42 posted on 10/03/2009 8:09:43 AM PDT by iowamark (certified by Michael Steele as "ugly and incendiary")
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To: jimbo123
"But will CBS exercise it and terminate their deal with the pervert and his production company?"

If the analysis of this article is accurate, CBS might consider severing its contract with Letterman in the hopes of saving tens of millions of dollars. But who knows these days? We do know that a lot of lawyers will get some big paydays soon.

43 posted on 10/03/2009 8:10:22 AM PDT by Enterprise (When they come for your guns and ammo, give them the ammo first.)
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To: MindBender26
World Wide Pants, silly and now a creepy name of a company owned by a Slippery Zipper.

I never liked Letterman, he always creeped me out and his juvenile sense of humor seldom made me laugh.

44 posted on 10/03/2009 8:10:55 AM PDT by Chgogal (American Mugabe, get your arse out of my bank, my car, my doctor's office & my elec. utility.)
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To: MindBender26
And yet Katie Couric's still there.
45 posted on 10/03/2009 8:11:14 AM PDT by martin_fierro (< |:)~)
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To: Larry Lucido

I’m where you are. No sympathy for anyone involved, not Letterman, not CBS, not the women.


46 posted on 10/03/2009 8:11:51 AM PDT by EDINVA (Obama CAN'T see the Olympics from his back porch !)
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To: Enterprise
I don't see settlements of 100s of millions. Let's say there were 4 women and they each got cheks of 5 mill. Wouldn't that end it?

CBS won't cancel, for now. His ratings are up and Conan is killing the Tonight Show.

I would like CBS to dump him and have a different host each week.

47 posted on 10/03/2009 8:12:26 AM PDT by nufsed
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To: MaryFromMichigan
Schadenfreude.
Just feels so good!


48 posted on 10/03/2009 8:13:01 AM PDT by HangnJudge
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To: MindBender26


and folks, please remember ... no wagering.
49 posted on 10/03/2009 8:13:07 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: All

.

Can’t stand the old pervert.
I read that he is a frequent visitor of NY call girls, also.

I happened to be channel surfing one night (I don’t watch him on a regular basis) and stopped for the ‘stupid pet tricks’. He kept sticking his arrogant, ugly mug into the face of a small dog and repeating over and over in a falseto voice, ‘Hello doggie’ until the dog bit him on the nose. Showed up the next night (couldn’t resist tuning in the next night) with a hugh bandage on his nose- even had to have some stitches. Priceless. Serves him right.
He is an unfunny sob who refuses to let his guests talk, constantly butting in trying to be funny and and is often insulting.

.

.


50 posted on 10/03/2009 8:13:36 AM PDT by patriot08 (TEXAS GAL- born and bred and proud of it!)
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To: iowamark

Letterman may have never visited repercussions upon those who refused, but nobody without an overall view of the situation would know that.


51 posted on 10/03/2009 8:13:43 AM PDT by HiTech RedNeck (The Democrat party is a criminal enterprise.)
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To: HarleyD

I believe Bubba had a morality clause in one of his policies...and IIRC, they said he made money because of it...(Don’t ask me how it works)...


52 posted on 10/03/2009 8:13:49 AM PDT by Sacajaweau
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To: diamond6
I smell another bailout coming.

Or if we are lucky they will just fold up like a bad lawn chair and go away.

53 posted on 10/03/2009 8:14:12 AM PDT by unixfox (The 13th Amendment Abolished Slavery, The 16th Amendment Reinstated It !)
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To: snoringbear

I totally agree. She probably will, she is a very classy woman.


54 posted on 10/03/2009 8:14:40 AM PDT by diamond6 (Is SIDS preventable? www.Stopsidsnow.com)
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To: unixfox

When the taxpayers get wind of the REASON for needing the bailout....


55 posted on 10/03/2009 8:15:05 AM PDT by HiTech RedNeck (The Democrat party is a criminal enterprise.)
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To: Liberty Valance

Taht photo explains a lot about the doings this wek.


56 posted on 10/03/2009 8:15:37 AM PDT by nufsed
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To: MindBender26

Wow. This is too good. Now if they tie in Bev Jarrett and the Chicago slums and Obama on a wriggle-proof line, that would make my day.


57 posted on 10/03/2009 8:15:52 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: MindBender26

Yesterday, Obama, Michelle, Oprah and the Chicago crooks crash and burn.

Today CBS, and Letterman crash and burn.

I just don’t know if it’s healthy to laugh this much.... but it sure feels good.


58 posted on 10/03/2009 8:16:00 AM PDT by Gator113 (Obamba, Reid, Pelosi, the socialist triad.)
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To: MindBender26
Courage Dave,

Courage!

59 posted on 10/03/2009 8:16:14 AM PDT by jaz.357 ("If the present tries to sit in judgment on the past, it will lose the future." W.Churchill)
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To: MindBender26

The funniest thing about this is what an idiot Letterman is. So many people wouldn’t care a whit about this if he hadn’t been so VICIOUS to Sarah Palin, conservatives, and Republicans. The general public looks forward to the time when people like that to take a VICIOUS fall.


60 posted on 10/03/2009 8:16:51 AM PDT by BlessedMom92
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