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Transcripts For CNNW Erin Burnett OutFront 20111130

i m erin burnett. outfront, we begin with breaking news. herman cain losing key support in new hampshire one day after a georgia woman claims she had a 13-year affair with the candidate. one new hampshire state representative, william panic, conif i recalling to outfront that he is withdrawing his support for cain and switching to newt gingrich. adding the alleged affair was the final straw. and within the last hour, the presidential candidate sending a message to his supporters. and i read it in part, quote, this woman s story is completely false. i am asking for your friendship. i am also asking for your prayers and support. this is a trying time for my family, my campaign, and for me. i m looking at the letter here which concludes with, the ability to buy herman cain t-shirts and donate money. money is what this is going to come down to. cain s plea for support comes after telling staffers this morning that he is recessing his campaign. a top campaign aide told cnn tod

Transcripts For CNNW Anderson Cooper 360 20111130

he told espn the abuse started in 1994 when he was 12 and continued for more than a decade. he waited until 2002 to phone syracuse city police who told him they couldn t pursue charges because the statute of limitations had expired. the city s police chief admits they could have done a better job. he said that in 2002 that the procedures which are in effect today were not in effect back then, the procedures that would mean an allegation would be logged into a computer database. back then they did next to nothing. not only did they not pursue charges. they never started an investigation or filed a report. no paperwork at all. the question is that unusual? the nypd tells suzanne candiotti that its own investigators are required to document any and all interview with alleged victims. one reason sex abuser rarely stop at one victim. if the allegations against bernie fine are true and right now that is a very big if he hasn t been charged with anything gettettyet, but i accu

Transcripts For CNNW Anderson Cooper 360 20111129

ratings agency fitch says they re going to downgrade america s outlook from stable. stocks soared on wall street. because the markets closed before that action happened. the dow was up by nearly 300 points. the reason was a wow weekend for the american economy. retail sales surged. that s a fair word. they were up 16%. accord together national retail federation. it was the best kickoff to the holiday shopping season ever. topping off, today the federal reserve said household debt in this country fell $60 billion. the outfront strike team called this optimism, 85% of them said they were not going to go into recession. when the pundits were sure of just that. they ended up being right. can this optimism really last? peter, what s your take of this market rally? will it last? especially because after the markets closed, we got the hit from fitch, the ratings agency, which was expected but is another reminder of the failure in washington. it is about the failure in washington.

Transcripts For CNNW CNN Newsroom 20111128

basketball coach bernie fine last night. a third man now says that fine molested him when he was a boy. also in a phone recording from nine years ago aired on espn fine s wife, laurie, says she knew, quote, everything that went on. we re expecting to hear from a family of a florida a&m student who died in a suspected hazing incident. they plan to announce a lawsuit against the school. robert champion was a drum major with the university s award winning marching band. 30 band members were suspended this semester because of possible involvement in hazing. big day for democracy in egypt. polling centers were overflowing today. the country s first election since the arab spring revolution. the vote comes after a bloody week of protest in the streets of cairo. defying expectations of more violence, egyptians peacefully waited in line for hours for their chance to cast a ballot. for many it was a very emotional moment. i feel good. i feel my vote will change egypt. to a bette

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