Williams is likely gone, but at what cost?

Brian Williams’s future as NBC News’s anchor seems to have been settled.

He’s gone.

Williams embellished his wartime experiences during the Iraq War, contending his helicopter was shot down when it wasn’t. There were some other fabrications, but that’s the one that got him in trouble. NBC suspended him without pay for six months.

http://www.usatoday.com/story/money/columnist/rieder/2015/06/10/the-brian-williams-endgame/71009594/

Williams has become the object of jokes around the world. His credibility is blown to smithereens.

What escapes me, though, is how someone could — in effect — be terminated for cause, but still get all kind of big money to “settle.” Williams holds a huge contract with NBC. But then he squandered the trust he had cultivated, that his bosses at NBC News had cultivated.

So, as USA Today reports, the network is going to replace him in the anchor’s chair with Lester Holt and then pay him millions of dollars to leave quietly.

I don’t understand a lot of things in the business world. This is one of them.