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sandusky until just this week. as the trial was going on, he apparently approached prosecutors and told them that he was molested. jason, if matt sandusky s claims was known by the prosecution, why didn t they call him to testify? well, i think it s a good question. i think there s a question in terms of whether or not his testimony would have been admissible, for one reason, jerry sandusky is not charged with sexually abusing his son. i can tell you this. think of this scenario. let s say for example jerry sandusky had taken the witness stand and it said during his testimony i m a great father, i have a great relationship with my children. that, then, would have opened the door for the prosecution to call a rebuttal witness and my sources told me, if jerry sandusky had taken the stand, they were prepared to put matt sandusky on the stand as a rebuttal witness and my source tells me that his testimony would have been, quote, very, very damaging. also let me backtrack a litt
in the country this year. it spread overseas, rumors about it all day didn t happen until after the closing bell. there s the dow, down 2%. the big bank downgrades, including the biggest banks in europe, moody s saying that anybody with a lot of exposure to the credit markets, they were going to downgrade them. the banks one by one saying they disagree with the downgrades and some of the stocks are moving up a little bit. that s the bank part of it. banks are what pumps the oxygen through the financial system. when you have people worried talking about a slowing global economy, it caused all kinds of concerns. we re concerned about slowing numbers from china, from europe, from germany in particular. we had all kinds of macro economic data that was starting to show what many people feared that the global economy is slowing down. that means american factories are selling fewer things and american business owners are not hiring people because they are worried about the global sl