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Rosie O'Donnell may return to 'The View': Could Sarah Palin be joining her?

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Rosie O'Donnell is currently in active negotiations with "The View" to return to the venerable program, according to sources close to Rosie, as well as ones associated with the show. O'Donnell's reps are reportedly hammering out financial details and other terms that could see her return to her old seat on "The View," according to TMZ on July 7. Meanwhile, comments made by Sarah Palin have tongues wagging as to whether she could end up seated next to liberal Rosie.

This news broke Monday as outgoing co-hosts Jenny McCarthy and Sherri Shepherd made their first live appearances since news of their impending departures were made public. Jenny joked and teased about what sounds like a new gig as host of her own show, while Sherri teared up and thanked her fellow cast mates and crew.

On Monday's show, Jenny McCarthy first started out saying how grateful she was to have worked with Barbara Walters in her last year, along with many producers and co-hosts. She then added that upon consideration, she took a new job which allows her to do what she does best, which is talk without interrupting anyone.

Jenny didn't elicit any more details about her new gig, but she did hint at some friendly competition, according to US Weekly. "I love the fans that supported us, so stay tuned - even if it does compete with The View," she said mysteriously.

Sherri then spoke, tearing up as she explained that she'd made her decision not to return when her contract was up in August back in the Spring. However, she said she didn't want to take away from the celebrations surrounding Barbara Walters' retirement.

Shepherd also coyly hinted at future projects, vowing to return to the show to promote them. She concluded saying how much she loves the cast and crew, and that they made her feel like family.

As for Rosie O'Donnell, insiders say she's definitely interested in coming back as long as the money is right, and that the negotiations are far along. Apparently the deal could be sealed in the very near future and an announcement made any day now.

Another name that's surfacing as a show replacement is Sarah Palin. When asked recently by The Hollywood Reporter if she'd be interested in doing a talk show, Palin replied, "I hear everyone recently got canned from The View, maybe a show like that needs a punch of reality and a voice of reason from America's heartland to knock some humble sense into their scripts. You know, someone willing to go rogue."

If Rosie signs on, she'll be joining Whoopi Goldberg at the table, but no other new co-hosts have been named so far. Producers are actively looking for replacements for Sherri Shepherd and Jenny McCarthy. Do you think they should go rogue?

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