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sensitive equipment and illegal immigration in the center of arizona history. you re in the situation room. captions by vitac www.vitac.com we begin with the breaking news. political and financial chaos within the european union, sending fresh shock waves through wall street and world financial markets. stocks plunging in new york today on all three indices with the dow tumbling about 400 points amid a growing debt crisis in italy. and the third largest in europe. let s bring in our own financial expert, cnn s erin burnett, the host of erin burnett outfront. the markets taking a major tumble today because of what s happening in italy, is that right? that really is the reason why. europe continuing to not dealing with its problems. right around 388 points to the downside as the final trades come in. what s happening in europe is causing all kinds of problems. general motors came out and said we can t even put out forecasts for what we re going to do in europe a ....
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 ....
victims and charges could be coming. this is moving far beyond sandusky and threatens to taint the golden legacy of head coach joe paterno. joe paterno s tenure as a coach will be over soon and penn state is planning his exit. the time cites two people briefed on conversations with penn state officials who says the board of trustees has yet to determine the timing. if this is a sign of anything, paterno was scheduled to hold his weekly news conference about an hour ago. reporters including our jason carroll were there ready to ask paterno about sandusky, the rape and abuse charges and what paterno knew. that news conference was canceled. instead penn state issued this statement saying due to the on going legal circumstances centered around the recent allegations and charges, we have determined that today s press conference cannot be held and will not be rescheduled. so the big issue still remains who knew what for how long and how was the situation with sandusky dealt w ....
sharon bialek here this morning with her skoir. guilty of the charge of involuntary manslaughter. a jury decides the fate of invi conrad murray. what s next. it s a roar. oh, my god. and way too close for comfort. storm chasers catching amazing video of a tornado on the ground in oklahoma on this american morning. captions by vitac www.vitac.com good morning. it is tuesday, november 8. welcome to american morning. first, shocking accusations against herman cain. this morning the washington examiner is raising stories. a fifth woman said he asked to be set up on a dinner date with another woman after a speech he gave. this after accuser number four came forward and didn t hold back. her name is sharon bialek. she s a single mother from chicago who worked for the national res straugs association back in the 1990s. she was laid off and met with herman cain to ask for help finding another position. with glory yad aia allred by he giving a detailed acco ....
scandal hits happy valley. a former penn state football coach facing child sex abuse charges. now two school officials are forced to step down, accused of lying to a grand jury to cover up the alleged crimes. a transfer of power under way at this moment in greece. the embattled prime minister agrees to step down in order to salvage that country s bailout and prevent its debt crisis from infecting other nations, but are the markets ready to breathe a sigh of relief yet? when does human life begin? mississippi voters will decide today. they re voting on a controversial amendment that could have sweeping effects on reproductive rights for women all across the country. mr. cain, an attorney for one of the women who filed a sexual harassment complaint against you don t even go there. can i ask my question? no. don t even go there! herman cain clamming up, refusing to discuss the sexual harassment charge that continues to hound his campaign on this american m ....