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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

Sloppy Cronkite 

It's 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."

Source: The Daily Show, specifically from John Stewart.
Douche and Hannity were caught in the broom closet at the Christmas party giving each other a Sloppy Cronkite.
Sloppy Cronkite by SoulCatcher February 2, 2007