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a.m. you know what, the end of an era at penn state. the nittany lions have lost their coach of five decades, a university president has been fired and a sex scandal has rocked the campus and this country. last night you saw the students protesting on campus, in town and right in front of joe paterno s home. hey, look, get a good night s sleep. all right. study, all right. we still got things to do. all right. i m out it maybe now. thanks. pray a little bit for those victims. coach. you are a legend, joe! penn state! pray a little bit for those victims. jason carroll in state college, pennsylvania. so, let s talk about how the board acted so swiftly and why do you think it did so? well, i think if you were to listen to the vice chairman of the board that said wednesday was the first time, kyra, that the board really had a chance to sit down and deliberate the entire issue, the board basically saying that they thought in order to have coach paterno out there ....
republican rivals in a presidential debate. but it s possible he could soon face an even tougher crowd. all of his accusers at a single news conference. that s the idea actually being pitched by karen kraushaar one woman who accused him of sexual harassment in the 1990s. she said she is ready to go before the camera with women with similar stories. joe johns, that is video from a number of years ago where we were seeing kraushaar. we have no new video of her at this point. herman cain was on late-night tv laughing, brushing off all these accusations and yesterday, joe, it was all business. what do you think, is this a sign of how serious this scandal has become in. yeah, kyra, you get the feeling someone here is operating in a parallel universe. whether herman cain or his accusers. cain issued a blanket denial of all allegations of inappropriate behavior with anyone. i can categorically say i have never acted inappropriately with anyone period. so, it will be up to ....
he put his hand on my leg under my skirt and reached for my genitals. he also grabbed my head and brought it toward his crotch. mr. cain said, you want a job, right? i asked him to stop and he did. cain told abc s jimmy kimmel that the allegation is false and he got angry watching it with his staff. they could see steam coming out of my ears and the feelings that you have when you know that all of this is totally fabricated, you go from anger, then you go, you get disgusted. you try to control yourself to make sure you watch this thing all the way through. i was listening very closely and then when it was all over with i said, well, i know what we got to do because there is not an ounce of truth in all of these accusations. so we re also going to be listening very closely and bring you cain s news conference that is live at 5:00 p.m. eastern. joe paterno is going to face a barrage of questions about the penn state sex abuse case. that is happening today. the legen ....
cain says it s time to set the record straight. i will talk about all future firestorms. here s one thing people don t know about herman cain. i m in it to win it. i m not going to be discouraged. well, mary snow has the latest developments and mark preston is looking at the political fallout. mary, let s go ahead and begin with you. what caused cain to reverse course all of a sudden and decide to hold this news conference? you know, kyra, last week when herman cain railed against the press for bringing up these allegations of sexual harassment he was highly critical of anonymous users, but that all changed yesterday with a person who came forward who now brings a name, a face and specific allegations. and, you know, yesterday when sharon bialek had this news conference, herman cain s campaign came out with a general, broad statement saying that all allegations of sexual harassment against him were false. by last night, the campaign had started raising questions a ....
walked away from their jobs and in three hours they walk into a courtroom. athletic director tim kucurrey d gary schultz. sandusky says he met victims through his charity, second mile, which helps troubled boys. second mile released a statement saying immediately they made the decision to separate sandusky from the program activities in 2008. that s when sandusky told the organization that he was under investigation. we ll have more on that. catching wall street well and your money on what s shaping up to be a volatile day on wall street right now. investors are worried about financial and political uncertainty in greece and italy. stocks are in and out of positive territory so far and right now you can see the dow down 47 points trading at 11,900 around there. we ll get a live report from the stock exchange in just a few minutes away here on cnn. political drama in greece moves to its next act today. prime minister george papandreou meets with opposition leader to di ....