'Times' Bill Carter Has Dimples, Amnesia As we mentioned earlier, Fox News anchor Shephard Smith is raking it in, to the tune of $7 million per year in a recently-inked deal with his network. According to today's story from New York Times media reporter Bill Carter, "Mr. Smith would be making more than anyone at CNN—if reports of $5 million for Anderson Cooper and $6 million for Lou Dobbs are accurate." Did Carter forget that in 2002, the Timesran a piece in 2002 about CNN talkshow host Larry King's potential $14 million salary? Perhaps. Harder to believe is that he forgot the piece the Times did way back in 1998 about King's earnings, which the paper reported at $7 million. He wrote it himself!