(Article updated with information on Rick Sanchez's interview with George Stephanopoulos on ABC's Good Morning America.)

NEW YORK ( TheStreet) -- Rick Sanchez was fired from CNN last week after he made several controversial remarks.

In an interview on Pete Dominick's Sirius ( SIRI) satellite radio show, Stand Up!, on Sept. 30, Sanchez referred to Comedy Central host Jon Stewart as a "bigot." He also suggested that most media networks, including CNN, are run by Jews who look down on Hispanics like himself.

The remarks came after Stewart and Stephen Colbert constantly mocked him on their respective shows, The Daily Show and Colbert Report, which both air on Viacom's ( VIA) Comedy Central. This clip from Colbert shows that Stewart had clearly gotten under Sanchez's skin.

Early in his interview with Dominick, Sanchez called Stewart "a bigot," then revised the term later in their conversation to "prejudicial" and "uninformed."

When Dominick asked him to explain what makes Stewart a bigot he replied, "I think he looks at the world through, his mom, who was a school teacher, and his dad, who was a physicist or something like that. Great, I'm so happy that he grew up in a suburban middle class New Jersey home with everything you could ever imagine."

When Dominick informed Sanchez that Stewart is in fact Jewish and therefore a minority himself, he said, "I'm telling you that everybody who runs CNN is a lot like Stewart, and a lot of people who run all the other networks are a lot like Stewart, and to imply that somehow they, the people in this country who are Jewish, are an oppressed minority?" to which he sarcastically responded to his own question, "Yeah."

"I can't see somebody not getting a job somewhere because they're Jewish," Sanchez said.

The day after the interview, Sanchez did not appear on his CNN show Rick's List. That evening the network, owned by Time Warner ( TWX), released a statement regarding his termination.

"Rick Sanchez is no longer with the company," the statement said. "We thank Rick for his years of service and we wish him well."

At Comedy Central's "Night of Too Many Stars" autism research fundraiser on Saturday night Stewart and David Letterman joked about the Sanchez controversy.

"If you went on radio and said the Jews control the media...you may want to hold on to your money," Stewart said in his opening monologue, according to The Hollywood Reporter.

Letterman jokingly told Stewart that he had been "helping Rick Sanchez clean out his office." The fundraiser will be televised on Comedy Central on Oct. 21.

Stewart spent the first 10 minutes of his show on Monday night addressing the Sanchez issue.

"Oh my God! Rick Sanchez knows my name," Stewart said mockingly at the start of Monday's taping of The Daily Show.

After playing a few Sanchez clips from the Dominick show, he said "we weren't making fun of Rick Sanchez because of a slight to ethnicity. We see him as a complex television character who is flawed but fascinating to watch every week."

Stewart also spliced clips of Sanchez interacting with CNN employees with clips of Steve Carell as impulsive boss Michael Scott from NBC's show, The Office.

Late Monday night Rick Sanchez's wife, Suzanne, took to her Facebook page to say that Sanchez had apologized to Jon Stewart, reports say.

Suzanne Sanchez said, "rick apologized to jon stewart today. they had a good talk. jon was gracious and called rick 'thin-skinned.' he's right. rick feels horrible that in an effort to make a broader point about the media, his exhaustion from working 14 hr days for 2 mo. straight, caused him to mangle his thought process inartfully."

Rick Sanchez issued a statement on Wednesday formally apologizing for the controversial comments he made in the radio interview.

"Despite what my tired and mangled words may have implied, they were never intended to suggest any sort of narrow-mindedness and should never have been made," he said in the statement.

He also said that there are "no hard feelings" between him and CNN.

"I have nothing but the highest regard for CNN and for my six wonderful years with them," he said "I appreciate every opportunity that they have given me, and it has been a wonderful experience working for them."

On Friday morning Sanchez sat down for an interview with George Stephanopoulos on ABC's Good Morning America in which he said he would "absolutely" want to return to CNN.

"First of all that is not what I meant," he told Stephanopoulos. "Second of all I apologize and it was wrong for me to be so careless and so inartful," Sanchez said. "But it happened and I can't take it back and, you know what, now I have to stand up and be responsible."

Sanchez attributed his controversial comments on the radio show to his constant fatigue.

"I was working 14 hour days for two and a half months," Sanchez said in the GMA interview. "I was feeling a little bit put out. And I was feeling a little sensitive."

"I externalized the problem," he said, referring to the lack of diversity in prime-time cable news hosts. "I put it on Jon Stewart's shoulders and I was wrong to do that. I learned later that he is the classiest guy in the world."

Sanchez said he that Time Warner ( TWX) chairman Jeff Bewkes told him he might "someday" be hired back by CNN or one of Time Warner's other channels.

Sanchez told Stephanopoulos he would "absolutely" return to CNN if he was ever given the chance.

"CNN is a wonderful, wonderful organization. They treated me well and took care of my family and I owe them loyalty because they have been good to me," Sanchez told Stephanopoulos. "CNN didn't screw up. Rick Sanchez screwed up. Rick Sanchez was inartful. Rick Sanchez said something that may have been offensive. Rick Sanchez unjustly accused Jon Stewart of being something he's not."

We'd like to know what you think. Did Rick Sanchez deserve to lose his job over his comments about Jon Stewart and Jews in the media? Take our poll, and see what other readers of TheStreet think.

Was CNN's decision to fire Rick Sanchez warranted?

Yes -- His remarks were offensive.
No -- CNN overreacted to Sanchez's comments.

--Written by Theresa McCabe in Boston.

>To contact the writer of this article, click here: Theresa McCabe.

>To follow the writer on Twitter, go to @TheresaMcCabe.

>To submit a news tip, send an email to: tips@thestreet.com.


Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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