convicted former penn state football coach jerry sandusky s fight to get his pension back tops our look at stories around the news nation today. he made his case today from prison. sandusky lost his $4,900 a month retirement pension after convicted of child molestation in 2012. sandusky testified about his connection to the university after his retirement in 1999. it was my dream to become a head football coach. i had looked at a lot of things. i had started the second mile by that time and this looked like an opportunity for me to become a head football coach. the proceedings expected to last several days. jpmorgan chase agreed to pay $1.7 billion to the victims of bernie madoff s multibillion
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of that multibillion dollar ponzi scheme. bernard madoff s younger brother, peter, has been sentenced to ten years. he pled guilty in june to conspiracy and falsifying the records of an investment adviser. the younger madoff said he didn t know about the fraud until his brother told him. a new judge in new york said she had a hard time believing that. and call this an indication of the reduced influence of the 220-year-old new york stock exchange. it s being bought by a company that s just 12 years old. no major changes are expected after atlanta-based intercontinental exchange completes its $8 billion purchase. that should happen sometime next year. wow. $8 billion. to purchase the new york stock exchange. that s fascinating. what that could potentially mean should be interesting. but we ll see how it plays out, as always. facebook will soon be racking up more revenue $1 at a time. the social network is testing out a new service on a limited number of people for $1, and
that is the political lesson from this. but the day before, they said this is going to pass and then yanked it because the support in that chamber was not there. so i don t know quite where it goes from here. no one does. and now it s time for christmas break. so they get back and have less than a week to get something done before january. and the president isn t going to hawaii now, right? the last i heard, it was still up in the air. you can t imagine he would have a vacation now. or any of them shouldn t have a vacation now. but we don t know. so cliff hanger is the right word for sure. now we turn to a political eye opener and a new poll about the republican party. for the first time, the majority of americans, 53% in fact, say the republicans are too extreme. that is up from 40% just two years ago. also 22% of the republicans polled now admit their party is moving beyond the main stream. another madoff family member heads to prison for being part of that multibillion dolla
student loan debt in this country is higher than credit card debt. there s a problem there bigger than just this deal in the country. took me 15 years to pay mine off. really? yes. well, under a plea deal, bernard madoff s brother faces ten years in prison for his role in the multibillion-dollar ponzi scheme. peter madoff, former chief compliance officer at bernard madoff s business. the younger madoff agreed to give up $143 billion including all of his real estate and personal property. well, the blistering heat that has been roasting the central and western states is now spreading east today. more than 1,000 record highs have fallen in just the past week alone. the hottest spot on the globe yesterday was hill city, kansas, where it hit 115 degrees. temperatures are soaring into the triple digits again today. heat advisories and warnings have been posted now in nearly two dozen states. crank up the a/c, folks, over the next three days. going to be rough. 115? that s unbe