But it is not enough for him. He puts it all in jeopardy by sexually harassing women.

It’s never enough.

Never liked him at all, but it’s sad to watch anyone throw away his life like that, not least for the impact it will have on his family.

25 million a year for what?

I’m sure he’s invested a good amount and making the money he’s made all these years? God only knows what he’s worth.

I’m not a fan, but I’m pretty sure he’ll be fine.

Is there still such a thing as alimony? I thought that went by the wayside awhile ago.

Seems the significant slap in the face to me. As earned.

And he’ll be completely erased from NBC Today Show history - that’s gotta hurt.

He’ll never work again.

They've been married 20 years and have 3 children. 2 of the kids are still quite young.

What a thing to have to endure.

when she was pregnant with their 3rd child. The divorce papers included the words cruel, inhumane and hostile. But they stayed together "for the kids". She lives with the kids in the Hamptons full time and he only comes in from the city on the weekends. He's criticized her for her child raising skils too. She's taken the 2 youngest children with her to the Netherlands, where she is from.

Most people of his stature have employment contrat. The employer (ABC) guarantees a payout if they fire the star or if the length of the contract cannot be competed. There may or may not be a signing bonus.
Bonuses, stock purchases, etc. sometimes come into play.

So the employer ( news, studio, etc) faces quite an instant payout if they fire the guy for no reason.

Hopefully they put in a weasel clause for something like this.

alimony depends on state law and often pre-nup agreement.

and oops! he blew it!

Alimony? Not if his kids ice gets a share of jointly held assets.

I’ve read he forked over 5 million to keep the marriage intact.

No idea if that’s true or not.

I’m sure she’ll be seeing some serious money, but I still feel sorry for her.

that his wife left the country. I don't blame her at all.

You know money doesn't buy happiness.

Not sure if that's settled.

I don't feel sorry for him, but then I've never been a fan to begin with. I rarely if ever watched his show (usually working during that time). He sounds like the kind of Lothario that has done well in the entertainment business, but who also needs to move over to let those with better morals and behavior take their place.

Just as you-know-who needs to move over and let a real man take over the Presidency.

Really not fair their lifestyles have to change through no fault of their own.

"Matt Lauer won't get paid rest of $20 million contract after NBC fired him"
http://abcnews.go.com/Entertainment/matt-lauer-paid-rest-20-million-contract-nbc/story?id=51535097

Matt Lauer will not receive a payout for the rest of his million-dollar contract, an NBC News spokesperson confirmed to ABC News today.

The disgraced former "Today" show anchor was fired after a colleague accused him of "inappropriate sexual behavior in the workplace," the network said Wednesday in a memo obtained by ABC News.

In a statement released one day later, Lauer, 59, said some of the allegations are "untrue or mischaracterized," but "there is enough truth in these stories to make me feel embarrassed and ashamed."

Lauer, who had just signed a contract last year that would put him in the anchor chair through 2018, had a contract worth a reported $20 million, according to Variety.

He had been at the "Today" since 1994 and became an official co-anchor three years later.

I can't imagine the hubris it takes to summon a woman into your office and use your power over her to bend her over a chair and screw her because you wanted to, her feeling not a concern.

That actually happened and the woman passed out from the shock of being used like that.

Lauer had to summon assistance to get her medical help.

Did he put her clothes back on her so no one knew what he had just done to her?

Did he clean her up?

WTF goes through someone's mind to do something like that.

Someone who help him get the unconscious woman out of his office had to suspect something, but he kept his job for years after that.

Karma strikes hard sometimes, even if it takes a while.

Even though he's been making multi-millions a year for many years, he's going cough up a lot of dough. I don't think he is the saving type since he just tried to get NBC to pay the rest of his contract.

He was rejected. Karma struck again.

It reads like a violent crime.. Utterly shocking.

...almost as bad as David Gregory. He only asked binary "yes or no" questions. For me, watching him was worse than hearing fingernails scratch across a chalkboard.

It's simply too expensive to employ known predators.

instead of their larger heads. Maybe he will say as a defense so he can still save some credibility, "It was testosterone poisoning. I am a victim too".

YOUR FAMILY AND CAREER WILL SUFFER

They don't give two shits about their family. I know, only too well.

Ok not really. Fuck that guy. He is a despicable POS.

I'd be set for life.

But then I'm the ding dong who chose a 67% pay cut to move to a job I love, but where I work 80-100 hours a week.

Insurance claims work sucks,

My mantra is that I love my job - but I would love it just as much if there was only 50% of it. Rarely a day goes by that I don't get a heartfelt thank you - out of the blue - from someone. No money can buy that.

In insurance claims you usually get a heartfelt FU screamed at you every day. Along with being called a bitch every day.

I'm probably one of your cranky customers, if it is health insurance.

It took me 200 hours of effort to resolve a $100 mistake that the insurance company and the hospital made. The insurance company made the first error and spread its own error out over three separate corporations, none of which were permitted to talk to the other. Once I finally got that resolved (after three surgical procedures in which they made the exact same error), they sucked back the money they paid from the out-of-network corporation and repaid it through the in-network corporation, then the hospital treated my copay as having been sucked back by the insurance company and started dunning me for the unpaid bill.

I wouldn't have sworn at you or called you a bitch - but I definitely had to get pretty firm at times because - at least at this insurance company - part of the job of the customer-facing reps was to prevent the customer from moving up the ladder.

I can't tell you how many times I immediately asked to speak to a supervisor, only to be told that the person who answered the phone had to try to help me first. So I'd launch into exactly what had gone wrong, how it had gone wrong, and what needed to be done to fix the problem. I'd tell them exactly what to look for in files I'd never seen (because in 200 hours you can learn a lot about a computer system you've never seen). More often than not, 30 minutes after the call started, they would still try to put me off by telling me they would look into it and call me back. I got tired of that by the 3rd time no one had called me back and I had to start all over a 4th time with a new rep.

I'm sure I was not a pleasant customer - and folks like you shouldn't be put in the position of having to resolve problems you can't solve - all-the-while blocking access to people who have a slightly better chance of resolving the problem.

When honey doesn't work (which I always started with, and it almost never worked), I'm afraid I got pretty cranky. I know that it wasn't the fault of the person on the other end of the line, but that person was in charge of making me go away - and I was completely at a loss for how to get through that person to the one with authority to solve the problem.

I'd love suggestions for how to get to the actual problem solvers without needing to be so demanding when being polite isn't getting me anywhere.

Unlike most of us.

He's more attuned to the "finer things", so that while $25M may seem like enough to keep you or I for our foreseeable lifespans, someone like Lauer will just be scraping by

For sale cheap

and even appeared on Hannity, but with this flood of abuse reports I doubt he'll ever do any substantive work again. He was paid off, though, and won't go broke, unfortunately.

When he's selling umbrellas on 7th Avenue during rainstorms to tourists caught in the rain, THEN we'll know he made it all the way down the chain. Don't hold your breath, though.

He has to subsist on the 10's of millions he's invested now?! My heart is breaking... not.

He's rich as fuck. He's fine. So he has to sell some of his foreign estates, poor baby. I bet he pulls through just fine and still walks away with an elegant roof over his head and opulent healthcare and other perks. Hell, he just got one hell of a tax break handed to him! The money he saves on his dividends alone will be massive.

Joy Reid covered it this morning. In retrospect, he was pushing the right-wing memes and wouldn't allow her to finish her statements.

Hillary was asked about Lauer's job loss and she responded, (paraphrasing) Every day I believe more and more in karma.

.

Sorry 'bout the schadenfreude, but got find some fun somewhere.

And I always knew about the split marriage and suspected him of hitting on female guests or cohosts,but you could tell he was close to his kids and had a good relationship with them

If he loses his kids,he has lost a lot more than money.

He should see some jail time for that so it seems to me that the consequences for him will be fairly light,

25 million a year?

Give me that $2,000,000+ he made last year and let me invest it and I’m set for life. I’ll retire today and not think twice and live a better life than I live working.

His “downgrade” will end up being still 10x what I live on. I think he will manage to survive.

Last edited Tue Dec 5, 2017, 08:01 AM - Edit history (1)

But regardless, he's going to see a serious downgrade in his lifestyle even if he still remains well above the majority of us.

I know lots of people in way worse shape..