This just in…

A statement from MSNBC regarding TIME‘s Mark Halperin‘s role as an analyst after calling President Obama a “d*ck” on “Morning Joe” this morning:

Mark Halperin’s comments this morning were completely inappropriate and unacceptable. We apologize to the President, The White House and all of our viewers. We strive for a high level of discourse and comments like these have no place on our air. Therefore, Mark will be suspended indefinitely from his role as an analyst.

Statement from Mark Halperin:

I completely agree with everything in MSNBC’s statement about my remark. I believe that the step they are taking in response is totally appropriate. Again, I want to offer a heartfelt and profound apology to the President, to my MSNBC colleagues, and to the viewers. My remark was unacceptable, and I deeply regret it.