gary schultz. both maintained their innocence but agreed to resign. legendary penn state football coach, joe paterno issued this statement. he called the charges shocking. saying he grieves for the victims and their families. we ll get a live report from harris berg on this developing story harrisburg a little later in the hour. good morning to you on this monday. some major developments on the economic front. hello, i m jon scott. a lot of news to get to today. great to be with you john. i m jenna lee. fallout over the financial crisis overseas amidst fears of the new debt troubles. but you can see the markets are keeping a close eye on the action. down about 47 points. 45 points on the dow, jon. jon: in the meantime greece is still the scene of violent protests crippling strikes and now political turmoil. as that country works to pick the head of a new