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Shep Smith Lands at CNBC

Shep Smith, who was at Fox News beginning at its launch, and rose to become its "breaking news" head, left that operation last October. He left with a final on-air statement expressing gratitude for the opportunities he had been given there, mentioning a non-compete agreement into which he had apparently entered, and signing off without a word of explanation. For many people, the explanation was not all that difficult to imagine. Smith had become the 'token liberal' at Fox News, an in-house critic of some of the wilder conspiracy mongering of Sean Hannity and others. For some time, his bosses welcomed this. It made them seem at least a little bit "fair and balanced" to have him around. But he seems to have outstayed his welcome. He quit before being fired, and he said in an on-air goodbye to his audience that he had signed a non-compete agreement. That agreement sees to have been of short duration, because it has only been a little more than half...