years. his legacy blemished by jerry sandusky. dozens of penn state students rally outside coach paterno s home late last night helping to save his job. on friday, the penn state board of trustees is going to set up a special committee to investigate sandusky. prosecutors say he molested eight boys. paterno is not accused of anything illegal. but he went to university officials, not to the police in 2002 when a witness told hill he saw sandusky sod miomize him ine showers. early trading right now, down 251 points. new worries that italy may next be in line for a bail out are driving the stocks down. now, italian prime minister, he is expected to resign. he s also raising some concerns about the country s future. also weighing on the markets, the greek debt. now greece s prime minister says he s going to resign shortly as well. now, that suggests that george popendreau has reached a decision on the new government. well, he has been locked in negotiations for days to ensure
victims and charges could be coming. this is moving far beyond sandusky and threatens to taint the golden legacy of head coach joe paterno. joe paterno s tenure as a coach will be over soon and penn state is planning his exit. the time cites two people briefed on conversations with penn state officials who says the board of trustees has yet to determine the timing. if this is a sign of anything, paterno was scheduled to hold his weekly news conference about an hour ago. reporters including our jason carroll were there ready to ask paterno about sandusky, the rape and abuse charges and what paterno knew. that news conference was canceled. instead penn state issued this statement saying due to the on going legal circumstances centered around the recent allegations and charges, we have determined that today s press conference cannot be held and will not be rescheduled. so the big issue still remains who knew what for how long and how was the situation with sandusky dealt with? p
plus, herman cain clashes with reporters again. mr. cain, the attorney for one of the women who filed the sexual harassment complaint don t even go there. i can ask my question? no. because can i ask a question? where s my chief of staff? please send him the journalistic code of ethics. cain says he is not talking about sexual harassment claims against him. reporters, though, have not stopped asking. plus, they say they d rather die than have someone cut off their beards. we take you to an amish community where thieves are trying to steal the hair right off the faces of amish men. we re at the top of the hour. 8:00 a.m. here in atlanta, 5:00 a.m. in glendale, arizona. wherever you may be, we are glad you are height here. oklahoma s unsettling saturday. it started with a moderate strength earthquake that ended last night with the largest recorded quake in state history hitting the exact same place talking about lincoln county here. video you are see