That's how Billy got a big scoop with disgraced swimmer Ryan Lochte
, too — as he was out with the "Access Hollywood" crowd and bumped into the Olympian right after his fake robbery
. But by the time that Ryan had been caught lying,
rival Matt Lauer had insisted on doing the next big interview. Billy's now been burned twice by the "Today" bosses, with insiders saying he's already searching for a high-power media consultant to repair his ragged reputation!