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im suzanne malveaux. americas largest bank opens its books. it aint pretty. also the late joe paterno speaking out in the wake of the penn state sex scandal. the outcry over teen usas olympic uniforms. why one lawmaker wants them burned. lets get straight to it. in london soccer star john kerry has been found not guilty of racially abusing an opponent. the two had an exchange of words in a match last october. ter dion eyed they were racially motivated. the world needs airline pil...

>> weve been dangerously looking ahead. so lets stop that and return to the 1990s quickly. ed, from what -- scary moment of being in the news. ed, from what governor romney was saying yesterday, would you go so far as to say that he thinks that president clinton in the 90s had it about right in terms of the distinction in the economy the role between the government and private sector, was the clinton years kind of a model that the governor would want us to look to as we go forward? >> i couldnt ...

dropping out of sight. im wolf blitzer. youre in "the situation room." we begin with todays damming new report on penn states universitys cover-up of coach jerry sanduskys sexual attacks on young boys. it says the top people at the university including the legendary football coach, joe paterno, hid what they knew and had no regard for the young victims. just now university officials are promising it will never, never happen again. >> you should know that our hearts remain heavy. and ...

Arent you pointing to bad behavior to justify other bad behavior so we know there is worse child abuse than that this by the way i think is child abuse. i think its emotional child abuse. i think the 6-year-old is not being served well by his parents and i dont know what the kids future is, but its a very disturbing situation. i dont think we can justify it by pointing to worse behavior. all right, very interesting debate, doctors, we appreciate it when we come right back is t legal on lance arm...

Arent you pointing to bad behavior to justify other bad behavior so we know there is worse child abuse than that this by the way i think is child abuse. i think its emotional child abuse. i think the 6-year-old is not being served well by his parents and i dont know what the kids future is, but its a very disturbing situation. i dont think we can justify it by pointing to worse behavior. all right, very interesting debate, doctors, we appreciate it when we come right back is t legal on lance arm...

a statement today on the health of congressman jesse jackson jr. of illinois. one of his top aids says that jacksons condition is not life threatening. last week jacksons office issued a statement saying he is struggling with physical and emotional problems that will require extensive medical treatment. the 47-year-old took a medical leave of absence last month which his office attributed to exhaustion. he has been under growing pressure to explain his disappearance from capitol hill. ...

office, our states leaders had come together to pass bipartisan measures that were making a difference. in reading and math, our student were in the top. that reveals what good teachers will do if the system will let them. the problem was, this success wasnt shared. a significant achievement gap between students of different races remain. so we set out to do our best to close it. i urge faster interventions and promote science and excellence skills in schools and propose paying bonuses...

>> yeah. weve got to deal with the sequestration issue, absolutely. >> were not doing that now. >> just speaking for myself, we put forward a proposal in the house of representatives today that would prevent the sequestration from taking place, a balanced approach for 10 years and an immediate one if people want to do it for a year. it was a misks revenue and additional cuts that are wasteful. >> if you go across the hill to the united states cincinnati which is dominated by your party, senator ...

About. speaking of arguing and pointing figures and all that. lets take a look at this sound byte. this is from chris christie. its a little bit of a turn from our conversation. i want to get your thoughts on this. lets play him from wred. >> please, dont send me any more money to hire any more public employees. i dont need any more. i have plenty as it is. i dont need any more. they are extraordinarily expensive and extraordinary lee difficult to manage and the idea that we continue, you know, ...

You will, if you want to make that, and making it a tax and not a penalty, and going after it, that is what should energize the republicans. >>neil: good to see you pat. >> if the presidents tax fund about cutting the nations debt? increasing tax rates if those making $250,000 or more, would generate impressive $85 billion a year in added revenue, but the trouble is that is what the government spends in 8 1/2 days. and now bill clintons special counsel says that would be a start. good to have yo...