From the actions report
Official CBS News reaction and actions taken:
"The Panel found that Dan Rather was pushed to the limit in the week before the September 8th broadcast. He was finishing up the anchoring job at the 2004 Republican Convention and was covering Hurricane Frances in Florida. He asked the right questions initially, but then made the same errors of credulity and over-enthusiasm that beset many of his colleagues in regard to this segment. He was convinced that the documents were authenticated because he was told in no uncertain terms that this was so. He defended the story over-zealously afterwards; again, he believed in a star associate with whom he had worked often, and to award-winning result. The Panel has found that his unwillingness to consider that CBS News and his colleague were in the wrong was a mistake, and that the broadcast would have benefited from a more direct involvement on Rathers part.
"Dan Rather has already apologized for the segment and taken personal responsibility for his part in the broadcast. He voluntarily moved to set a date to step down from the CBS Evening News anchor chair in March of 2005, which will give him more time to concentrate on his reporting for CBS NEWS. After examining the report and thinking about its implications, we believe any further action would not be appropriate."