Finally the response we’ve wanted to hear:

WALLACE: I watch him, and I think, “This is what the news business has become.” First of all, to be lectured about news by Keith Olbermann is like being called ugly by a frog. And the idea that this guy, doing the crap he does on MSNBC, would sit there and pretend to be some kind of moral or journalistic authority about anything… he couldn’t cover a two-alarm fire.

If you think that’s unfair, let me remind you that Olbermann called Wallace a “monkey posing as a newscaster.” Wallace’s offense? Having the temerity to actually ask former president Bill Clinton a series of news-related questions instead of obsequiously scraping, bowing and donating to his charity on the air.