SNIPPET OF THE DAY – AT 8:53 A.M. ET:

CBS Corp. began preliminary talks on a new contract for Katie Couric, looking to cut the evening news anchor’s $15 million salary and possibly expand her role amid falling viewership, people with knowledge of the situation said.

Expand her role?  EXPAND her role?  That's like saying to the captain of the Titanic, after it hits the iceberg, "Captain Smith, may we offer you another ship?"

December 21, 2010