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CNNW CNN Newsroom November 7, 2011

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 against charges he sexually abused young boys, one as young as 8 years old. they are accused of covering up the incidents resigned in the wake of the scandal. sandusky s lawyer said his client is innocent. jerry is very, very depressed and upset. he is very distraught about the changes and the allegations. the knowledge that regardless he proves his guilt or innocence, people are going to th ....

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Detailed text transcripts for TV channel - MSNBC - 20111102:01:18:00

Non-prof non-profit s financial records but none turns up in herman cain s financial records. they say he s going to pay back the money to the non-profit, but herman cain doesn t list any of this as a debt he needs to pay, doesn t list it as anything else either. first things first, non-profits can t just pay for a campaign. you not only violate serious tax laws by doing that, you also make the candidate you are illegally funding potentially a felon for breaking campaign finance laws. but beyond that potential criminal culpability, there s also the question of where all the money came from. quoting from the journal sentinel, the records show prosperity usa, the non-profit in question, received $150,000 in loans from individuals who could not be identified. it s one thing to find out that herman cain s campaign is being illegally funded. it s another thing to figure out who is illegally funding it. joining us now is the reporter who broke this story, a columnist for the milwaukee ....

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Detailed text transcripts for TV channel - MSNBC - 20111102:04:17:00

This is day three of the media scrum over past sexual harassment allegations made against herman cain. meanwhile, there s a totally unrelated herman cain scandal that is not anonymously sourced that no one is really asking him about and that frankly remains unanswered. and it s one that could potentially put someone in prison. the story as reported by the milwaukee journal sentinel s dan bice is this. at the start of herman cain s campaign, a private non-profit incorporated in wisconsin financially supported cain s campaign. they paid for things for the campaign, things like air travel and ipads. in other words, they made donations to herman cain for president. the group also paid for herman cain s campaign manager to travel to d.c. to meet billionaire conservative activist david koch. they also paid $3,000 to the ....

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Detailed text transcripts for TV channel - MSNBC - 20111102:08:18:00

Non-profit s financial records but none turns up in herman cain s financial records. they say he s going to pay back the money to the non-profit, but herman cain doesn t list any of this as a debt he needs to pay, doesn t list it as anything else either. first things first, non-profits can t just pay for a campaign. you not only violate serious tax laws by doing that, you also make the candidate you are illegally funding potentially a felon for breaking campaign finance laws. but beyond that potential criminal culpability, there s also the question of where all the money came from. quoting from the journal sentinel, the records show prosperity usa, the non-profit in question, received $150,000 in loans from individuals who could not be identified. it s one thing to find out that herman cain s campaign is being illegally funded. it s another thing to figure out who is illegally funding it. joining us now is the reporter ....

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Detailed text transcripts for TV channel - MSNBC - 20111102:08:23:00

Of those issues even when it s a scandal that it s sort of hard to get people to pay attention to. one of the things that has received some attention for herman cain is he doesn t seem to have much of a traditional campaign apparatus. block obviously a longtime political operative. a lot of other people around him seem to be from americans for prosperity, the group set up by the koch brothers. because of that, i think this may be something people end up following with some interest. i have to ask you if there is more to this story from your perspective. do you expect to do firthfurther reporting on this? i only wrote about what happened with the cain campaign. these groups raised hundreds of thousands, perhaps millions of dollars, and we haven t gotten to bottom of how that money was spent. you re right. campaign finance stuff is hard to compete with sexual harassment. but, you know, it s there are ....

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