I saw a film clip of Ms. Walters last night saying, essentially, that Star Jones Reynolds (who was in fact fired from the View) should have left with dignity by finding another job and pretending to be moving up.
Here is an excerpt from People Magazine:
...she [Walters] felt "betrayed" by Reynolds's... "My [Reynolds] contract was not renewed for the tenth season...I feel like I was fired." Reynolds added that she got the news her contract wouldn't be renewed [about 90 days before the 'betray' comment]... Walters elaborated on the controversy: "We didn’t expect her to make this statement yesterday. She gave us no warning." Walters then went on to explain that Reynolds had known "for months" that she would not be returning in the fall, and that the network had given her time to exit the show with "dignity."... I[Walters said to her [Reynolds], "Handle this any way you want. You can say anything about a new job, you can say anything about a new road. Whatever you say, we'll back you up. We will never say that your contract was not renewed.'"
This is essentially Walters advising Ms Reynolds to be a hypocrite (or a liar) and being condescending about it at the same time.
Of course, Star is accusing Ms. Walters of hypocrisy but in truth Ms. Walters was sincere in advising Star to lie because Walters apparently believes that, in show biz, maybe elsewhere, lying is OK.
In short, this is a cat fight; not a hypocrisy fight (although Ms Walters makes me want to vomit).
Popsuger has a brief post on the Star vs Walters fight with a huge number of informed comments following it at: http://popsugar.com/8484
The People article is at: http://people.aol.com/people/article/0,26334,1208160,00.html?cid=recirc-top5-1-1208160