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actually occur. the ncaa is requiring the university to adopt the formal reforms delineated in chapter 10 of the freeh particularly section 5.0. additionally, the association is requiring penn state to enter into an athletic integrity agreement with the ncaa and the big ten conference. this agreement will require the establishment of a chief compliance officer position, a compliance council, and an array of control mechanisms that are intended to insure the fleck culture will be fully integrated into the broader university. and finally, the ncaa will select an independent athletics integrity monitor who will for a five-year period report quarterly to the ncaa, the university s board of trustees, and the big ten conference. they will report on the progress
a missing persons report was even filed. inside this really strange and bizarre story, straight ahead. and power right in your wallet. a new iphone charger the size of a credit card saves you when you run out of juice. we ll show it to you in 20 minutes. newsroom begins right now. good morning, i m zoraid zoraida sambolin sitting in for carolyn costello. penn state faces the stunning blow from jerry sandusky. they face the penalties of the school s cover-ups in the scandal. the penalties are described as unprecedented. steve is in pennsylvania where they re holding the news conference. what can you tell us? we re meeting with the executive chairman of the ncaa followed by a question and answer session in indianapolis, and we re expected to hear penalties on penn state university. one source familiar with the case told cnn what we will hear, that penn state will be hit with fines in excess of $30 million. reports are also circulating that penn state university will lose