The New Yorker’s Nancy Franklin has as good a take on Letterman as you’re likely to find. It includes this:
Then, in a hilarious but very smart take on Letterman’s … what? peccadilloes? ethical breaches? bad behavior? shameful power trips? … [Craig] Ferguson used the word “situation.” Well, for lack of a better word—I’m not saying there aren’t better words, but, as a deeply admiring fan of Letterman, I admit that I’m reluctant to come up with one—that will do. For the time being. We watch and wait. We shall see.
Key point: “I noted in a piece last week that Leno, O’Brien, and Letterman have no women writers on their shows. Fifty men, and zero women.”
That’s why The Daily Show rocks.