Watch Colbert Do a Top 10 List on Letterman That He Co-Wrote 17 Years Ago

Plus, the Reason a Young Colbert Turned Down a Letterman Internship in 1986

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On last night's "Late Show with David Letterman," Letterman's designated successor, Stephen Colbert, showed up to check out his new digs. Colbert told an amusing story (the first clip below) about landing an internship in 1986 on Letterman's old "Late Night" show on NBC -- but turning it down "because you did not pay people."

And then in 1997, a "gainfully unemployed" Colbert applied, with his comedy partner Paul Dinello, to the "Late Show" when Letterman was looking for new writers. They submitted a Top 10 list among their writing samples, and Colbert read it aloud on national TV for the first time last night (the second clip).

Simon Dumenco is the "Media Guy" columnist for Advertising Age. You can follow him on Twitter @simondumenco.

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