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sloppy cronchite 

N. A sexual act named after the popular television journalist, Walter Cronchite. The act in which two men jerk each other off to see who can get the other to ejaculate first and at the conclusion, the winner will quote Cronchite by saying, "And that is the way it was."
I opened my closet last night and caught James and Tony giving each other a sloppy cronchite.
sloppy cronchite by SD_21 December 14, 2008
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sloppy cronkite 

From The Daily Show with Jon Stewart (1/29/07):

Two or more people try to get each other off, and the first one to climax says: "And that's the way it was."

We were both trying to steal home, when she suddenly screamed "and that's the way it was" and left me hanging! What did I do to deserve a sloppy cronkite?
sloppy cronkite by AZ_Squeegee February 1, 2007

sloppy cronkite 

When two people try to get each other off and the first one to get off says,"That's the way it was."
At the party, the two news reporters went into the broom closet to perform a sloppy cronkite.
sloppy cronkite by City of Dope February 1, 2007

sloppy cronkite 

When two people are getting each other off: the first one to reach orgasm says to the other, "and that's the way it was," in Walter Cronkite's voice.
giving a sloppy cronkite: "Ohhhhhhhh ooohohho oh oh go-OHhOHHHH I'M COMING! Ohh, oh--and that's the way it was."
sloppy cronkite by tuanomsoc February 1, 2007

Sloppy Cronkite 

When two people are try to get each other off and the first one to get off says, "that was the way it was"
The last time Doocy said "this is huge" was when he and Hannity were caught in the broom closet at the Christmas party, giving each other a sloppy cronkite.

sloppy cronkite 

When two people try to get each other off and the first one to get off says (in a Walter Cronkite voice) "That was the way it was"
At the office Christmas party, two Fox News anchors were caught giving each other a sloppy cronkite in the coat room
sloppy cronkite by Cara_O February 1, 2007

sloppy cronkite 

two people try to get each other off and the first one to get off says, "And that... is the way it was."
They gave each other a sloppy cronkite at the christmas party last year. How unprofessional!
sloppy cronkite by helen424 February 1, 2007