pull my shorts down, and in which i did, and he didn't really explain why i should do that at all. but i wasn't -- he was an authority figure at the time, and also, my father had been abusing me for at least four-months by then. and so i -- at the time, i didn't really think of anything, and it was a normal thing for me. jon: rick leventhal is following all of these latest developments for us. rick. >> reporter: and jon, it wasn't just that third accuser but also a phone call from fine's wife and -- wife and one of his alleged accuser, former ball bay bobby davis, that was recorded back in 2002 that may have pushed the the university to fire this coach. during the call fine's wife seems to have confirmed allegations fine molested more than one boy, suggesting she may have known about the abuse and her husband thought he wouldn't be punished for. "outside the lines" aired the phone call and hours later fine was fired. >> i know some things about you, that if you keep pushing, are going to be let out. >> yeah. >> i know, that's what i'm saying. >> let him go ahead, sure, let him go ahead. >> he doesn't think anything of it. >> she thinks that -- he thinks he's above the law. >> reporter: in a statement, syracuse head coach jim bayheim says the allegations that have come forth today are disturbing and deeply troubling, i am personally very shocked because i've never witnessed any of the activities that have beenald, i believe the university took the frop pratt steps tonight. meanwhile swrook tomoselli is the third person claiming fine bused him in a hotel room. tomasleii faces charges of molesting a 14-year-old boy but says that has nothing to do can him -- with him coming forward. he accuses his own father of molesting him, in both cases his father says his son is lying and bernie fine benefits the charges, but after 35 consecutive seasons as assistant coach, his career is now officially over. jon: very disturbing story all the way around. >> now this fox news alert. take a look at where the dow is, a nice change of pace, you can see the dow up more than 300 points. quite a change from last week when stocks took a real hit, the dow last week dropping nearly 5 percent amid the worst debt crisis in europe. leaders of the e.u., stocks are up in part because of the word that the zur --o eurozone is near a rescue deal. we do have warnings today while this is happening. in addition to greece, there's more financial trouble rocking italy as its costs of borrowing skyrockets. if a country can't borrow, its financial system essentially freezes and is virtually unable to function. italy is not alone, nearly half a dozen country necessary europe grappling with a debt crisis now and moody's is warning all of europe could lose access to credit. again, that would be paralyzing to these economies. take a look at what's happening at home, you see our national debt continuing to rise, more than $15 trillion, so lots going on today on this monday morning. chief white house correspondent ed henry is live on the north lawn, taking a look at all of this. of course, the big meeting today happening in moments. ed, what can we expect? >> reporter: jenna, this summit meeting between the president, as well as european council, european commission leaders, will begin about 11:45 a.m. eastern time. after that, they are going to have a working lunch. they'll make statements to the press just after about 1:40 p.m. eastern time. obviously the markets are going to be watching all that closely. as you mentioned, moody's today suggesting that these problems in europe, as they continue to drag on, could bring down the economies of all the eurozone countries, that the debt problems could weigh all of them down. obviously, what president obama is focused on is what that means for the u.s. there is that old saying, when paris sneezes, europe catches a cold. you can update that now, when europe sneezes, u.s. catches a cold. we've seen how it's been dragging down the u.s. economy in recent weeks and months. that's certainly at the top of the president's agenda, as he kicks off this summit, jenna. jenna: as you mentioned, some optimism from investors about a deal in place. talk to us a little about a packet between germany and france, the biggest economies, the most dominant ones in europe, what do we know about this possible solution in the sphwhorks. >> >> reporter: white house officials are trying to get a handle on the details. we've heard this before, that there's a deal, then it falls apart. i think clearly what the president is looking for, both at this summit meeting and from those reports about conversations back and forth with president sarkozy in france, chancellor merkel in germany, that there's some sort of big picture solution for the entire zur --o eurozone. the problem from the u.s. perspective and frankly from folks around the world has been that it's been a patchwork, it's been greece trying to deal with its problems, italy trying to deal with its problems. i think what the u.s. is hoping is there's finally a deal here and you've seen that optimism on wall street this morning. we'll see whether it holds, is that there's a deal for the entire eurozone, not this patchwork that wee seen so far, jenna. jenna: and our veers have been talking about this for a long time. we have. it's been 18 minutes -- months since we've talked about this con trainingon in europe. 1:40 is when we expect the president. thank you very much. >> >> reporter: good to see you. jon: a fox news alert. and a name you may know, long time massachusetts congressman barney frank has decided he will retire from congress. frank, first elected in 1980, will make his official announcement at a news conference this afternoon, so what does this mean for democrats? chris stierwalt, fox news digital politics editor, host of "power play" on fox news live.comp. joins us from washington. he has long been a controversial figure in the house but try as they might, republicans have never been able to dislodge him. he's doing it himself. >> well, and you know, jon, part of the dislodgement comes from the fact that massachusetts is losing congress at seats. they've gone through a redistricting process that while it might not have made the congressman particularly vulnerable in a true blue democratic district, it might have made it more challenging for him. and here's an interesting thing to think about. if you're barney frank, this long time veteran, the dean of financial issues for democrats in the house, the thought of it facing a particularly difficult reelection bid, only to stay in the minority, would be pretty disheartening. and as we see, all of these democratic retirement, more than a dozen that i've counted so far, this cycle for democrats, you see that there may be some acknowledgement coming from the blue team that they're not going to retake the house in this next cycle. jon: from our producer on capitol hill, chad pe revment gram, he's counted seven republicans who will retire and 18 democrats, that includes barney frank. these things don't happen in a vacuum. it suggests that frank thinks he is not going to be winning back maybe a majority seat in the house any time soon. >> reporter: right. that makes it harder, and the thought, if the new district that he would have to try to defend, would be just a little bit more republican and he'd have to go through a contentious series of difficult debates and back and forth, what's the point of that if you're only going to come back and find yourself in the minority. so it's maybe not all that surprise thank congressman frank chooses to hang it up rather than drag through one more difficult cycle. jon: well, and there's been a lot of criticism of the bill that has his name attached to it, the dodd-frank bill. is that part of the mix here? >> notable that neither dodd nor frank will become members of congress in 2013 and that is telling. this legislation has been unpopular on the left and right for either not going far enough, going too far, it's blamed for problems with credit markets and the failure of the recovery to take hold in the u.s., and you heard newt gingrich, republican frontrunner, basically intimate if there's going to be any accountability, that it should start with the tough hard look at dodd and frank and what went into the making of this legislation, and that would certainly be a part of what frank would have to face on the campaign trail if he ran again. jon: well, and real quickly, chris, more difficulty coming from all taxpayers, if congress can't get this payroll tax issue decided by the end of the year. >> it's going to be a brutal month in washington. that's what you can guarantee on both payroll tax and the dealing with the dodd fix, which is what is needed to prevent a 30 percent cut in medicare payments to physicians. so there's a lot of hard work and very little good will on capitol hill as they come back to work. jon: chris stierwalt, our digital politics editor, thank you very much. and you can get your political fix, check out "power play" when chris hosts it live, log on, foxnews.com, 11:30, while you're watching helicopter "-- "happening now" and click on the lynch. jen yuen this from overseas, egypt taking its first steps towards democracy. and right now, heavy turnout reported in the country's first elections since the fall of hosni mubarek, this after days of deadly protests in tahrir square. greg palkot has more. >> reporter: the latest word we are getting is voting hours have been extended for two hours, 9:00 p.m. local, because of that heavy demand, the latest word we're also getting is there's no real violence associated with this voting. that's pretty much what we saw when we went out on the ground, earlier today, and went to one polling station. take a look at what we saw. >> we were in the daha neighborhood of cairo, where there is a massive turnout for the first three elections since the fall of hosni mubarek. it is a lengthy process, there are many ballots. it's complicated. there are many parties, many candidates. it's controversial. some say this vote shouldn't happen at all. and it is potentially dangerous. there is a massive turnout of soldiers, of police, they call it maximum security. but the folks here seem to be just fine, they want to seem to want to give democracy a chance. they are voting here at this school. >> now, we did see some confusion, we heard complaints about inregularities at other polling stations, mostly the folks here are overwhelmed by the crowd. this in part, mobilized by the islamist party. they are strong, they are well organized, they will do well. as for the military ruler here, field marshall tom paoy, a big demand of the violent protests is that he and his military council step down and a civilian government step in. we caught up with him earlier today. we had this brief but exclusive exchange with him. take a listen: >> some people say the military council should step down. what do you think of that? >> we are going to stay. we are not going to leave, even today. >> when will you leave? is this something that -- >> i announced yesterday. >> reporter: the comment that he was referring to yesterday is that he would step down next july. that's when all the elections here are going to be finished. the voting here regarding the par parliament goes on for another day, we should get the results starting on wednesday. that is for tahrir square behind me where we have seen firsthand such violence, such anguish, tonight, pretty quiet. maybe some of them are out voting. back to you. jenna: and a provocative look at voting in egypt today, a first step towards democracy, whatever that democracy becomes is another question. greg palkot, thank you as always, incredible insight. jon: there's new controversy and trouble after a deadly nato air strike in pakistan that killed 24 pakistani soldiers. what it means for our shaky relations with that nuclear nation, and for our troops in afghanistan, as well. jenna: and back to the wild west, cattle wrestling -- castle wrestling would be different. jon that would be a trick. jenna: cattle wrestling, making a comeback. we're live with that story just ahead. whrarchg blank a vacation on a budget with expedia. make it work. booking a flight by itself is an uh-oh. see if we can "stitch" together a better deal. that's a hint, antoine. ooh! see what anandra did? booking your flight and hotel at the same time gets you prices hotels and airlines won't let expedia show separately. book it. major wow factor! where you book matters. expedia. insurance ... but afraid you can't afford it? well, look how much insurance many people can get through selectquote for less than a dollar a day. selectquote found, rich, 37, a $500,000 policy for under $18 a month. even though dave, 43, takes meds to control his blood pressure, selectquote got him a $500,000 policy for under $28 a month. ellen, 47, got a $250,000 policy for under $20 a month. all it takes is a phone call. your personal selectquote agent will answer all your questions ... and impartially shop the highly rated term life companies selectquote represents for your best rates. give your family the security it needs at a price you can afford. call this number or go to selectquote dot com. selectquote. we shop. you save. jon: a major blow to america's already shaky alliance, if that's the word you want to use, with pakistan, after nato air strikes saturday that killed 24 pakistani soldiers. pakistani army claiming the bombing continued for two hours, even after pakistani commanders asked coalition forces to stop. right after the incident, pakistan closed its western border. that is a key supply line for coalition forces in landlocked afghanistan. now that the pakistani prime minister is saying they are reevaluating the relationship with the u.s., as well. wyoming senator john barrasso is vice chairman of the senate republican conference. he joins us now. there couldn't be a worse time for this kind of thing to happen. it was apparently a friendly fire, terrible tragedy, and 24 pakistani soldiers are dead. >> your heart has to go out to those family of those that died. realistically you have to find out what nato finds. it looks like our troops were fired upon from this area, we called in additional air support, so we have to see really what has happened there, but you're absolutely right, there has been a shaky relationship between the united states and pakistan which has made -- which is worse because of our success with the navy seems going in to kill usama bin laden and you look at this and say how could he be hiding in pakistan, were the pakistanis incompetent or in cahoots. jon: in a military town. they have closed their border with afghanistan. we need those border checkpoints open to get supplies into our troops. is this in a way extortion on the part of the pakistanis? >> the pakistanis have received from the united states about $20 billion over the last ten years, and secretary of state clinton has been there within the last couple of weeks. there needs to be a relationship between the united states and pakistan in this war on terror, because obviously, the taliban coming into afghanistan -- come into afghanistan and attack our troops and go back to pakistan. the relationship is ten tenuous and it's gotten worse over this last weekend. jon: in the last decade, the war that was prominent for americans was in kosovo. now that war has been pretty much been -- well, it's certainly gone to the back pages, if even that, yet you're just back from kosovo, visiting troops that we still have on the ground there. >> we still have about 1000 members there at camp bonstihl in kosovo. i was there because wyoming national guard members, two dozen strong, are in kosovo, they were there for thanksgiving, a long way from home and i wanted to go and have thanksgiving dinner with him so -- with them so they know people are with them. jon: how is morale? >> morale is good. they wanted to talk to wyoming, the hunting season, the football games and what's happening at home, but they're there doing an important mission. we have troops all around the world. jon: very quickly, i know you've also been meeting with the folks involved in the european banking crisis. you say that their economic situation may be more dire than ours. >> it seems to be the flight to safety is dollars coming into the united states. i did on the way back from kosovo stopped and talked to folks at the european central bank about what the next steps forward are going to be because of their role in trying to keep the euro afloat at a time when there is clearly -- there had been overspending for a long period of time, issues in greece and in italy, and the implications for the united states, if additional stresses on the european currency will affect us at home. jon: senator john barrasso from wyoming, good to have you in. >> thank you for having me, appreciate it. jenna: her murder trial capitated -- captivated the entire country and the new book portraying the psychological outlook of casey anthony. dr. keith ablow joins us to talk about the book, "inside the mind of casey anthony". >> and stores see record numbers of one of the busiest shopping days of the year. what it means for our economy and your wallet, next. jen let's start off by taking a look at the markets today. it it's easier to look at the market whs they look like now, the dow up 300 points, due to record sales for the crucial black friday shopping day. so you all did your duty! now comes the word eurozone leaders may be close to a rescue deal for the embattled europe as leaders are about to meet with the president rand going to make an announcement later today about what progress they have as far as what to do about this debt crisis there. charles spain a fox business network host and joins us now. let's start off with the europe situation. we had so many things on the screen, so many parts of the con know look at today, but here's the european situation, we've been talking about this for a year and a half and no resolution. why are we back at this point where we're wondering if europe will survive in the current form that it's in? >> because you know what, survival means really, really such a slower standard of living for europeans. by the way, ultimately, america too, but right for you for europeans it means such a lower standard of living. can they do it, does any politician over there have the ability to push this through on their people to go and say listen, we've had a great 30, 40 years, we've played around with socialism, we've borrowed all the money we could, we taxed everybody we could, and we just ran out, we're done, and we have to do something if we're going to survive. jenna: you say lower standard of living because they have to full back on social service? >> pull back on social services, spending and the way of life was augmented, it was subsidized, and public sector workers getting paid one four-months of work for 12 months of work. it's a heck of a gig, a lot of fun. if you were 50 and could lay on the beach, somebody -- people had to say this isn't right, you know, the numbers don't add up. but it was a fun period but now it's going to be a painful period. gen jen that's an ideological shift as you're mentioning. meantime, talking about the black friday shopping and nice of you to take a break from the cyber monday to join us, our debt is worth more than $15 trillion. how do you take in those things, consumers are spend, yet our national debt is at these record highs. what do those data points say to you as a consumer? >> we want consumers to spend. households, people watching the show know they've tightened their belts. they're probably upset because the government hasn't tightened the belt. our government has only gotten larger, own g