commissioner is 177 demonstrators arrested, and 5 officers injured. but new york mayor michael bloomberg says that isn t the real story. so far the real story is there have been, i think it s fair to say, minimal disruptions to people and most protesters have, in all fairness, acted responsibly. as we said, it is coast to coast. in los angeles, about 300 protesters marched a half mile from city hall to the wells fargo center. crowds gathered in the streets of portland, oregon, threatening to occupy banks. here in washington, police escorted several hundred protesters through georgetown, and across the francis scott key bridge to virginia. but the action right now is new york city. cnn s amber lyon is there. what happens happening right now on the bridge? reporter: well, things are getting a little tense behind me. i apologize, candy. we have protesters in the middle of the road right now. that s why they re trying to get past me. a couple dozen of them sat down in the m
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
is challenging the way we remember dr. martin luther king, jr. s life. and why is the plastic injury out to get him? hunting down sharks. they re the most feared predators in the ocean but we reveal how they have more fear from us. revealing investigations, fascinating characters, stories with impact. this is cnn present ous with your hosts tonight soledad o brien and sanjay gupta. we begin with a special investigation. it s a story that sounds all too familiar. catholic priests accused of abusing children and church leaders who cover it up. hundreds of these priests live unmonitored in unsuspecting communities. in some cases they live next to schools and they live next to parks. predators in plain sight. reporter: here we are on a black where a molester priest lives. do you think these neighbors know about it? i m certain they do not. reporter: ray boucher is a los angeles attorney who works with victims of sexual abuse. unfortunately in california an
she searched his bed roof after mistake. she said she found a saline bag in the room with a propofol bottle inside. prince harry or captain harry wales as he s known in the british military is bound for the united states. he ll soon begin helicopter gun ship training at bases in california and arizona. those are the headlines from cnn the world s news leader. i m monita rajpal, world business today starts right now. good morning from cnn london. i m nina dos santos. and good afternoon from cnn hong kong, i m andrew stephens. welcome to world business today. the top stories this friday, october 7th. european stock markets face further turmoil as moody s down grades the credit rating of 12 british banks. and could eu measures to change carbon taxes spark a new trade war? a luxury brand is forced to slum it as commercial rents skyrocket here in hong kong. first though to the stock markets, european banking stocks have been falling in the last hour or so that the
the most pressing issue there is greece. reporter: yeah. that s right, ali. what i should also mention, though is that the markets have certainly learned over the last two years this euro in crisis has gone from bad to worse. what they wish for and, then, again, what politicians deliver. what they would ultimately like to see, these leaders agreen on a bold action on a statement promising bold action like raising the euro s bailout fund to cope with countries like greece that they re still having trouble paying bills and might also like a discussion about moo mooch mutualizing. germany, of course, is still very, very reluctant to fit the bill on that, ali. different finance abilities. so that mutualization or further union mayen very far apart. the international monetary fund christine lagarde has stern warnings about the prospects for recovery in europe. what did she have to say? reporter: yeah. not mincing worlds and in an interesting position, because this time last