In the face of such betrayal I just couldn't carry on working alongside him any more! And the more I thought about his 'sleeping with me to keep his job', the more I could see the truth in that. He was doing less than half of what I had employed him to do. Earning a FAT salary (which he had engineered to overpay himself for YEARS), and I was picking up the slack for him, doing half of his job and all of mine. I was cleaning up his messes; making excuses to everyone for his rude and arrogant behaviour, and finding and fixing his mistakes in the work he did. I had lost some strong and valuable staff because of him - they could see right through him while I was still in 'lalaland'.
As I started seeing the man through my now broken rose coloured spectacles I realised I was carrying a lazy, lying, cheating, incompetent schmuck who was destroying me and my company more every single day he came to work. I decided to ask him to go. I knew he was now in a very fragile state of mind and I was afraid of how he might respond. He's a 53 year old guy - not a lot of job prospects ahead. He's a talented entrepreneur, so I was pretty sure he would land on his feet, but even though he had been a bastard from hell to me, I didn't want to just turf his ass out onto the street. So I wrote him a caring farewell note. I sent it to him and his shrink just before his shrink appointment so someone could hold him through the shock of it: