Paul Shaffer
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FILE - In this July 28, 1986 file photo, bandleader Paul Shaffer directs his band during a rehearsal for "Late Night with David Letterman" in New York. Shaffer, now 65, has been the gravel-voiced sidekick of David Letterman since 1982. Letterman is retiring on May 20. (AP Photo/Susan Ragan, File)

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David Letterman bandleader Paul Shaffer says he may retire when his contract expires in two years. (Associated Press)