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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 ...

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 anon...

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 financi...

university president vowed unconditional support for both of them. jason carroll is there. the question now is, what exactly did they know and when did they know it? >> exactly. perhaps we will get more answers later on today when the attorney general holds a press conference. when you talk about that unconditional support, you have to wonder about that now because the two school officials resigned late last night. >> he's a legend in the world of college football. for 23 years, jerry sandusky served as defensive coordinator for the lions. now he is out on bail and defending himself ...

that's their rationale, then it doesn't fly. because the bill they voted down yesterday essentially said we can create hundreds of thousands of jobs rebuilding our infrastructure making america more competitive and the entire program will be paid for by a tax not only millionaires, but people making a million dollars a year or more. which in the united states is about -- a little over 300,000 people. now, there aren't a lot of small businesses across the country that are making that kind of money. in fact, less than 3% of small businesses make more than $250,000 a year. so what they'...