italy s prime minister berlusconi calls it quits. heather: the fallout growing in the sex abuse scandal that has enveloped penn state and its legendary football program. four people on leave. joe paterno out of a job. he s not charged, but we have learned that he retained a well-known lawyer. and this afternoon, the knitly lions losing their final home game of the season to nebraska. emotional day for players and fans. david lee miller is live in university park for us with the latest. hi, david lee. 107,903 fans today packed the stadium for today s game. it was the final home season game for penn state. they played nebraska. to put that statistic in perspective, that 107,000 number of fans in the stadium, that s double the population, more than double of this college town. now, during today s game or
captions by vitac www.vitac.com i m erin burnett. outfront tonight breaking news. a big day for the markets. the dow up 260 points. just shy of that. all three of the major indeseize back in positive territory for the year. it was veterans day, but way better than expected data in terms of american consumer sentiment and positive political news out of europe. that will help, greece and i italy. it s a big number. all right. it has been six days since penn state university was rocked by child rape charges involving the former assistant coach jerry sandus sandusky. the interim president spoke out today saying the university is dealing with the sifgs. here s the latest. assistant coach mike mcqueary, who first reported witnessing the sexual abuse to coach joe paterno in 2002, has been put on paid administrative leave. a special committee has been set up to investigate sexual abuse on campus. penn state will play football tomorrow as a sign of support against child abuse.
i m erin burnett, outfront tonight. the group of 12 taxed with axing $1.2 trillion from america s deficit. last night, we brought you what was frankly a breakthrough. the architect of the plan told us he would support an increase on tax revenues on some of the wealthiest americans. today the top democrat said toomey s plan didn t go far enough. we came to the table to begin with and every day have said that for us it s extremely important. this whatever we end up with at the end of the day is balanced and fair and has real revenue on the table. we still haven t seen from the democrats is a plan that deals with our structural debt crisis that actually solves the problem. this bickering is pretty sad because $1.2 trillion is not very much and it means this issue is going to come back really soon again. so can the super committee step it up? tonight, we go to the front lines with our strike team. that s the group of 20 enstraw praer ins, ceos and investors that i picke
black diamond mogul, icy black diamond, and the mountain is moving and chasing you the whole way down and you re trying to stay under it and stay close to it without letting it crush you. maybe that can put it into perspective for everybody out there. are you holding your breath? what are you looking at? the whole time i was looking at the bumps. it s like looking at the moguls to make sure you don t hit them wrong. this wave took so long to get to the bottom, i actually had a few seconds to look back at the wave two or three times, which i never really get to do. i usually just get to the bottom and turn. this one took forever. i got to see, check it out. okay, i am a all right? i am a in the right place? i feel you reliving this, garrett. what in the world is next for you? how do you top 90 feet? i don t know. i m trying to if i go it out. i m not sure. we re going to have to go back home to hawaii and surf for eddie at the bay. my friends would say you caught som
good morning, it s thursday, november 10th. this is your a.m. wake-up call. i m carol costello joining you live from new york this morning. the board of trustees have decided that effective immediately, dr. spannier is no longer president of the university. in addition, joe paterno is no longer the head football coach, effective immediately. these decisions were made after careful deliberations. and in the best interests of the university as a whole. this morning pen studen stat alumni and students are waking up for the first time in 46 years without paterno leading the nittany lions. the president is also out. our mike galanos reports from outside the school from state college, pennsylvania. reporter: emotions boiled over as the announcement was made. joe paterno is no longer the head coach at penn state university. the students did not see that coming. many supporting joe paterno, wished he had done more through the child sex abuse scandal but joe paterno out. also,