Just days after political commentator Keith Olbermann was fired from Al Gore's Current TV network, he admitted to David Letterman that he "screwed up."

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On the "Late Show" Tuesday night, Olbermann suggested the network was not capable of supporting him and his show. "I screwed up really big on this. Let's just start there. I thought we could do this. It's my fault that it didn't succeed in the sense that I didn't think the whole thing through," said the former "Countdown" host.

Olbermann added, "You know, if you buy a 10-million-dollar chandelier, you should have a house to put it in. Just walking around with a 10-million-dollar chandelier isn't going to do anybody a lot of good, and it's not going to do any good to the chandelier."
"You're the chandelier?" asked Letterman.

"I'm the chandelier," Olbermann responded. "You are always pointing out how big my head is, so I think it's a suitable analogy."

Last Friday, Current TV announced it would be replacing Olbermann with former New York "Luv Guv" Eliot Spitzer.

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