• With: Herman Cain

    CAIN: No, none.

    VAN SUSTEREN: Was it sort of the deep freeze, neither one of you talked to each other at that point?

    CAIN: No, because she was no longer employed by the restaurant association.

    VAN SUSTEREN: How soon after the accusation against you was she no longer employed by the restaurant association?

    CAIN: That I don't recall. And I don't recall whether she left the restaurant association before making the accusation -- I can't recall which one came first.

    VAN SUSTEREN: OK. Was she fired, or was she -- left voluntarily or got a better job or a part of a settlement that she left?

    CAIN: I don't recall, Greta. I really don't. I do recall that her performance, it had been told to me by her boss, was not up to par. And I normally didn't get into whether someone is let go or fired unless I had to because I allow my department head to make that decision. Her boss, if he didn't think she was doing the job, I said, Well, you, along with the human resources department, figure out what you want to do, but do it the right way because there are procedures for letting people go if their performance is not up to par.

    VAN SUSTEREN: OK. So the six to nine months later, the general counsel comes in and says, It's settled?

    CAIN: Yes.

    VAN SUSTEREN: OK. Did you ask, like, Well, what did you do?

    CAIN: I did.

    VAN SUSTEREN: And what were you told?

    CAIN: He said this started out where she and her lawyer were demanding a huge financial settlement.

    VAN SUSTEREN: How much?

    CAIN: I don't remember the number.

    VAN SUSTEREN: Thousands or hundreds of thousands?

    CAIN: Thousands, but I don't remember a number. But then he said, The good news is because there was no basis for this, we ended up settling for what would have been a termination settlement, quite frankly, in terms of...

    VAN SUSTEREN: And what would that be, about?

    CAIN: Maybe three months' salary or something like that, just vaguely trying to recall it.

    VAN SUSTEREN: Is that a normal...

    CAIN: Yes.

    VAN SUSTEREN: When you leave the restaurant association, you get three months?

    CAIN: Depending on how long you have been there. It's based upon how many years you've been there. So I don't remember the -- it might have been two months. I don't remember the exact number, but I do remember my general counsel saying, The good news is, we didn't pay all of this money that was being demanded. It really worked out to what we probably would have been able to give her if she had resigned because for cause.

    VAN SUSTEREN: Why didn't she get that anyway? I mean, why didn't she get the settlement and the resignation or severance?

    CAIN: She would have gotten the severance, based upon what I recall the conditions under which she left. So we -- she ended up getting what she would have gotten if she had just said, I want to leave and I would like to negotiate a severance agreement. That's probably as far as we would have gone. But I can't guarantee that it was two months or three months. I just know it was well within the range of what we would do if we had an amicable separation between the association and an employee.

    VAN SUSTEREN: Any idea about what she was making a year?

    CAIN: Can't recall. Probably -- probably $40,000 to $50,000 a year, maybe.

    VAN SUSTEREN: Did she ever make any other claim against anybody else, or did she have any unfortunate relationship with anybody else who worked there?

    CAIN: Not that I know of. No, not that I know of.

    VAN SUSTEREN: Did the board have any role in this at all?

    CAIN: No because we were treating it as a human resource matter that we wanted to resolve. And because it got resolved without a major payout, it got resolved without us having to go to court, we didn't feel the need to share it with the board. And it's interesting that in that article, the three people that did go public...

    VAN SUSTEREN: You mean in the Politico article.

    CAIN: That Politico article. The three people that did go public was the past chairman, the existing chairman and the incoming chairman. So three people who would have known about this, if it had been a big issue, they all stated in the article and attested to my character and my integrity. They didn't even know about it because it wasn't a big issue that was blown up that they needed to know about because of the way it was resolved by my staff.

    VAN SUSTEREN: Did you ever see the settlement agreement with her?

    CAIN: No.

    VAN SUSTEREN: You didn't sign it?

    CAIN: No. I don't recall signing it. Now, the fact that I say I don't recall signing it doesn't mean that I didn't sign it, but I simply don't recall if I signed it.

    VAN SUSTEREN: All right. Now, you mentioned the Politico article, where the members of the board who came out very strongly for you...

    CAIN: Yes.

    VAN SUSTEREN: In that same article, they suggested there's another woman.