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good morning. it is thursday, november 10. well tomorrow to "american morning." if you went to sleep early last night or at all, everything is different this morning. >> it really is. first crash of the titan penn state football coach joe paterno out after 46 years as the head man in happy valley. paterno was fired along with the university president over a child sex scandal involving paterno's former assistant jerry sandusky. the decision came hours after paterno said he would finish out the season and then retire. instead penn state's board of trustees brought the hammer down. >> t...

announced another stimulus measure inform boost the economy. we will get the reaction around the world. hong kong's hang seng index is off 5%. that's a big move for one day for a stock index. japan's nikkei is down 2%. in europe, more of the same. french, jer planing markets all plunging by more than 4%. have you gold down. you have oil down. you have selling basically acro across the board. downside risk, this is an economy in the u.s. and worldwide that's not out of the woods and markets are responding accordingly. >> we will talk more later about this. >> sure. cries of injustic...

And the u.s. is trying to figure out what pakistan knew about osama bin laden's where abouts. their government does not prevent the u.s. raid that killed the qaddafi leader. they're denying the reports that the intelligence chiefs stepped down . let's go to that part of the world. dominic is streaming lich from isllama badment >> pressure is ramping up on the pakistanies both internationally and domestically. you are talking about a lawmaker putting pressure on the pakistan government. the former foreign minister, wants to see the heads roll . that might be part of a bitter argument he's havin...

The u.s. would like to get him as well. will any heads roll in pakistan now? you worked with the pakistanis over the years? what do you -- >> you know what, it is hard to imagine that you would see it at the upper echelons of government, heads of service. the -- army chief of staff or pasha, head of the isi. what you could see is, you know, they have regional commanders for both the isi and the military of pakistan. and you can imagine that -- if they were looking to assign blame or show the u.s. they were taking their -- embarrassment seriously, then relieving a command or retiring both the h...

That should have been more strengthened. for the last ten years we were focused on everything else for security counterterrorism, not looking at police. but this is a huge humiliation. we should see some heads roll. i will first say the police chief of the area, the person who was just mentioning this, was absolutely right. the local law enforcement should be questioned first. then the civilian intelligence. then the military intelligence. and i think there's no one even in the government structure in pakistan who is challenging that or who will be able to challenge this or create any obstacle...