The transcript
Letterman landed a few solid body blows but could not knock-out O'Reilly, the scrappy little so-and-so.
Still, I am giving the bout to Letterman on points, though, by my lights, he was much too deferential.
Line of the night: "I have the feeling about 60 percent of what you say is crap..."
Update: 100 percent of the War On Christmas stories O'Reilly retold on the Letterman program were "crap." He trotted out the Silent Night Story and the Tale of the Paper Napkins. Both unadulterated BS