"Jennings was a pain in the butt," Bill O'Reilly told Shep Smith today, "and I say that with all affection because I really liked him." Johnny Dollar's Place has the transcript. "...I used to watch Jennings all the time: and how he delivered the news, how he dealt with the staff, what he thought was important, and what he didn't think was important. And that was the best training ground I ever had. I could not be doing The Factor today had I not worked over at ABC News."

"He wanted to be the best," O'Reilly added. "And he scarified and worked his shoe leather off to be that. And he rose, and obviously reached the pinnacle of success in this profession." Here's the transcript...