"Larry King Live"
From Larry's King's Wednesday show:

WALTER CRONKITE: Well I am delighted that CBS is going to have her great talents on our evening news broadcast. I'm pleased that she will be managing editor as well as the broadcaster. She has proved her abilities as a journalist over the last several years. I think we are exceedingly lucky to have her with us. I'm sorry to see Schieffer leaving. He did a great job. But I gather that he didn't really want to continue and, at any rate, we've got a first rater taking his place.
KING: There's no question in your mind that Katie is a bona fide news person?
CRONKITE: None whatsoever. I remember watching her in her very earliest days an occasional appearance on the news and I thought then that she had a great deal of talent because she not only had a great deal of talent but is a very beautiful lady. I thought she'd probably go along in this business eventually.

> What about all those years giggling over celebrities? (Chicago Tribune)
> Schieffer says Couric called him Tuesday night with the news (FWS-T)
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