Loeb recalls the heated discussion as one of the show's "more explosive situations."
And, looking back now, she clearly remembered it being one of the show's "most explosive situations."
"I remember it being very intense," Loeb tells TooFab, after leaked audio from the set went viral on Friday -- audio where Hasselbeck repeatedly drops the f-bomb during a commercial break after Walters "scolded" her.
While it's not shown in the video making the rounds today, Loeb gave Hasselbeck pushback on her belief that the morning after pill shouldn't be available for over-the-counter use. Elisabeth got more fired up as the conversation continued.
"Although the clip that's being circulated doesn't show it, as Elisabeth's peer, I felt strongly about speaking up too -- I felt her point of view was extreme and that situations needed to be dealt with on an individual basis," Loeb recalled.
At the time, Elisabeth equated the morning after pill to "birthing a baby and leaving it on the street." Loeb pushed back. "I think that is so extreme, I'm sorry," she told Hasselbeck. "I feel like, on one hand, I don't think this should be a form of contraception. People should be better educated in this country and it should not be Plan A. But I also think women should have a right to choose and a right to control their body and they should have an alternative, something that's safe."
The debate continued, with Barbara eventually stepping in to tell Elisabeth to "calm down." Walters continued to admonish her cohost by telling her to remain "rational" and adding, "I think the most important thing is we've got to be able to have these discussions and listen to other people's opinion and not go crazy that you don't listen to everybody's opinion."
"'The View' was a place for argument and conversation, and this was definitely one of the more explosive situations," Loeb recalled on Friday to TooFab.
After the on-air moment, Hasselbeck went off on Barbara to both Joy Behar and then-executive producer Bill Geddie backstage.
On the leaked recording, Elisabeth is heard saying, "I'm not going to sit there and get reprimanded on the air. It's not okay to sit there and get reprimanded on the air. What the f--k! I don't even swear. She has me swearing. This woman is driving me nuts. I'm not going back. I can't do the show like this. She just reprimanded me, and she knew exactly what she was doing. Goodbye! I'm off. Read about that in the New York f--king Post!"
Geddie eventually talked Elisabeth into going back on set, where Barbara told her cohost she respected her opinions and loved her passion. Hasselbeck would stick around the show for another seven years.
Reporter Ramin Setoodeh wrote about the incident in his just-released tell-all, ""Ladies Who Punch: The Explosive Inside Story of The View."
For more from the tell-all, check out our full coverage below:
Got a story or a tip for us? Email TooFab editors at firstname.lastname@example.org.