Cavalcade of Schadenfreude: Olbermann Dismissed from Current TV, Announces Plans for Lawsuit Against Goracle & Company

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Gee that didn’t take long.

Let’s see… Olbermann vs. Gore. It’s hard to decide which side root for. Can there be a lawsuit where both parties lose?

Here’s Keith Olbermann’s departing statement after being released from Current TV, by way of Talking Points Memo:

I’d like to apologize to my viewers and my staff for the failure of Current TV.

Editorially, Countdown had never been better. But for more than a year I have been imploring Al Gore and Joel Hyatt to resolve our issues internally, while I’ve been not publicizing my complaints, and keeping the show alive for the sake of its loyal viewers and even more loyal staff. Nevertheless, Mr. Gore and Mr. Hyatt, instead of abiding by their promises and obligations and investing in a quality news program, finally thought it was more economical to try to get out of my contract.

It goes almost without saying that the claims against me implied in Current’s statement are untrue and will be proved so in the legal actions I will be filing against them presently. To understand Mr. Hyatt’s “values of respect, openness, collegiality and loyalty,” I encourage you to read of a previous occasion Mr. Hyatt found himself in court for having unjustly fired an employee. That employee’s name was Clarence B. Cain.

In due course, the truth of the ethics of Mr. Gore and Mr. Hyatt will come out. For now, it is important only to again acknowledge that joining them was a sincere and well-intentioned gesture on my part, but in retrospect a foolish one. That lack of judgment is mine and mine alone, and I apologize again for it.

Current claims Olbermann violated the networks values of “respect, openness, collegiality and loyalty” — in other words, they say Olbermann’s an asshole. Very believable. As for Olbermann, he’s claiming Gore is unethical. Also very believable.

To replace Olbermann’s, Current hired former New York governor, Client #9, Eliot Spitzer. That will give the network’s couple dozen viewers a reason to go to bed early while the aforementioned blowhards have an eco-friendly court battle.