they asked lots of really good questions. it was my pleasure to be in east chicago, indiana, this week. that's it for me. thanks very much for watching. i'm wolf blitzer. join us weekdays in "t situation room" from 4:00 to 6:00 p.m. eastern. every saturday at 6:00 p.m. eastern, right here on cnn, and at this time every weekend on cnn international. the news continues next. -- captions by vitac -- www.vitac.com thank you for joining us. i'm don lemon. you're in the "cnn newsroom." on a huge saturday for college football, shocking allegations of sexual child abuse against a former coach for the revered penn state nittany lions and a pair of university big wigs are accused of covering it up. you may not know his face but if you're a college football fan, you know his name, jerry sandusky, penn state's former defensive coordinator, led away in handcuffs today, sandusky retired from coaching in 1999

and founded a charitable organization for at-risk children called second mile. he's accused of making sexual advances on eight young men he met through that program. the charges are piled up against him. sandusky is currently out on a $100,000 bail. on $100,000 bail. his attorney says he maintains his innocence. also involved in this case, penn state's athletic director timothy curly and the university's senior vice president for finance and business, gary shultz. now, pennsylvania's attorney general, linda kelly, made this statement. she said, this is a case about a sexual predator who used his position to repeatedly prey on young boys. it is also a case about high-ranking university officials who allegedly failed to report the sexual assault of a young boy after the information was brought to their attention and later made false statements to a grand jury that

was investigating a series of assaults on young boys. penn state's president released a statement reading, in part, the allegations about a former coach are troubling. and it is appropriate that they be investigated morery. protecting children requires vigilance. tim curley and gary shultz operate at the highest levels of honesty and compassion. i am confident the record will show these charges are groundless and they conducted themsz themselves professionally and appropriately. one thing we want to make clear here, penn state's legendary head football coach joe paterno is not facing any charges. the attorney general said paterno did alert the athletic director about one of the alleged incidents involved sandusky in '02. sandusky's attorney says he knew this arrest was coming. >> he's been aware of these allegations now for over three years. he came back to state college voluntarily last night.

on the other hand, i've seen cases like this where there are allegations of child abuse that involved hundred, of counts, so 40 actually in terms of the nature of the case and the allegations, it doesn't surprise me. >> i spoke with a reporter for "the patriot news." she says she's been following this story for years. >> we first learned about this in the summer of 2009, not long after the first boy came forward. i say the first boy. i mean, the first one to really come forward to police and be believed by police. what we know from today is there's really, like, two sets of allegations here. there's a couple of kids -- there are two kids who accused sandusky of a prolonged relationship of abuse over a couple of years and really adult-like sex acts. then there's the seriesinvolved. they all but come out and say

this charity was a point for him to get access to kids. it says basically many of these boys were vulnerable due to their social situations and this was how he found his victims. almost every single one of them was a child that initially was in a second mile program and began hanging out with sandusky. what's interesting about their case, i think it's going to come out as kind of a he said/he said situation. this could end up being them versus joe paterno in some way. what shultz and curley say is different than what that graduate assistant says he told paterno in '02. since the attorney general have come out and said joe did the right thing, i think, you know, he's going to be a major witness for this prosecution. >> i'm glad you bring up that. we talked about joe paterno, again, he is a legend. if you can explain to our

viewers just how historic this particular football organization is and joe paterno is a legend in that area, the nittany lions. >> both of them are. if you were to ask me ten months ago who are the two biggest names in state college, it would be, one, joe paterno, and two, gary sandusky. >> again, sandusky was released today on $100,000 bond. take a live look now. live pictures from the woodlands, texas, where the latest fireworks in the republican battle for president are about to go off. this time, instead of eight or nine candidates squeezed into a stage, you only see two. newt gingrich, who's enjoying a recent upswing in the polls and herman cain, the front-runner, cnn political reporter shannon travis standing by live at the debate for us.

shannon, getting ready, tension is rising. it's getting exciting there. the question is -- i'm sure some people will be paying attention. in the back of everyone's mind, they'll be thinking about herman cain and those sexual harassment allegations. >> reporter: they will absolutely be the elephant in the room. this week long drip of information and accusations, all of which herman kacain has deni. that will not be a topic of discussion at this debate here today. it's sponsored by the tea party. they want to stick to entitlement. anyone who's a spending or deficit hawk wants to talk about how to bring the nation's deficit down, how to bring the nation's spending levels down and obviously entitlement. social security, medicaid, medicare, eat up the lion's share of that. i can tell you right now that one of the competitors is getting ready by signing books.

i'll have my cameraman swing over to newt and his wife over there signing autographs, signing books for newt gingrich's "a nation like no other." probably he prepared before this, but right now he's taking a few minutes before this event actually begins to greet some supporters. no sighting of herman cain just yet. this event doesn't kick off, don, for a little while. we're hoping to maybe catch him before -- >> shannon -- >> reporter: -- before this event starts, maybe ask him a few questions -- >> leave it on the gingriches there. you mentioned books. herman cain has been signing his books as well. did you get a chance to walk over and speak to them? are they taking reporter questions? are they open to press? >> yeah, i haven't gone over just yet. i actually just caught sight of him. my cameraman told me they were over there. you better believe after this i will go over and put a few

questions to the former house speaker. he's normally pretty amenable to the press, don. >> what about tonight, what's the reason, instead of eight or nine, why are they doing this just two people? the sort of lincoln/douglas-style debate, if you will. >> excellent question. the organizers tell me basically with issues like entitlement spend, it's such a serious issue, that they don't feel it gets a fair airing and a discussion and a debate among eight or nine candidates on stage. where they may have a minute to respond to a serious question about entitlement reform. so they wanted to just kind of pare it down, pare it down to two people at a time digging in again. 90 minutes on this discussion. no moderator of sorts. there will be two people who will tee up the discussion, congressman, republican congressman, steve king of iowa will be one of them, so they want to tee up the subjects and really let newt gingrich and herman cain really tear into these issues and offer their proposals for fixing the

entitlements. don. >> even if you hadn't told me, i'd know something was going on over there because everybody behind you is looking over to see what's happening over at the gingriches table. >> reporter: should i look behind my shoulder? >> no, they're just looking over to where they're signing books. we're going to drop in, see what happens, thank you, appreciate it. shannon travis. here in atlanta, just a few blocks from the cnn center, the occupy movement has vowed to return to woodruff park tonight. demonstrators were forcibly evicted from the park just nine days ago. as cnn explain, occupy atlanta is trying to tap into the city's strong civil rights legacy. >> reporter: we've seen police clash with protesters in cities across the country. but in the cradle of the civil rights movement, it's a different story. >> everywhere we walk in this neighborhood is in the steps of dr. king and it's a big shadow. >> reporter: in the heart of the south, where images like these from the civil rights era are still fresh in the minds of

some, occupy protester tim franzen says the stakes to keep the peace are higher for both sides. >> it would be a lot painful to see, you know, acts of civil disobedience met with, you know, physical brutality so i do think the mayor is in a precarious situation. >> i think we've handled them consistent with our values. i mean, we didn't use any tear gas. we didn't use overwhelming force. >> reporter: atlanta mayor reed initially gave an executive order permitting protesters to occupy woodruff park through november 7 but he says after seeing a man legally carrying an ak-47 and after growing safety concerns, he rescinded that order and police arrested 52 people for staying in the park too long. >> they will have to respect our ordnances because i felt the environment was get dangerous. >> reporter: even with the city and protesters at odds, both sides are turning to civil rights icons who marched

alongside dr. martin luther king for guidance. protesters are even taking nonviolence training here at the king center. >> renew your faith, keep your hope alive. >> reporter: the atlanta movement is getting encouragement from reverend jesse jackson who says he's hoping for a creative solution. >> mayor's in a bind. protest's in a bind. atlanta's -- >> reporter: atlanta's mayor tells us he turned to mentor and former mayor ambassador andrew young for guidance. >> i didn't want police getting out of hand and getting blamed for something that's not their fault. i think that you have to air on the side of patience. and i think that he did. >> reporter: even joe beasley, a civil rights activist and one of the 52 people arrested agrees. >> we're trying to work it out in the tradition of atlanta. >> reporter: turning to the playbook of the past to find

solutions for the present. george howell, cnn, atlanta. america's most lovable curmudgeon has died. longtime "60 minutes" commentator andy rooney passed away last night from surgery complications. just a month ago he signed off from "60 minutes" for the last time. he was known for his droll wit on matters large and small. despite coming across on air as a little grumpy, his colleague from cbs says he was a prince of a man. >> i think people might not realize what a nice guy he was. when i joined "60 minutes" and "60 minutes" is not the easiest club in the world to join, he was awfully, awfully nice. he invited me to lunch. he'd call now and then to see how i was doing. he was a sweetheart of a human being, which didn't always come across in his commentary. >> andy rooney was 92 years old. one week after a surprise

snowstorm hits the northeast, thousands are people are still without power. that report is coming up next. a controversial spanking video sparks a national debate. supernanny jo frost weighs in. p of the 2011 quicken loans carrier classic -- a first-of-its-kind college basketball game that will be played on the deck of a u.s. aircraft carrier this november 11th. it's one way for the quicken loans family to thank all of the american heroes who have given so much... for all of us. ♪

an unsettling wake-up call for people in oklahoma. a 4.7 magnitude earthquake. our affiliate says the epicenter was near the town of prague about an hour from oklahoma city. no injuries or damages to report but aftershocks have been hitting ever since according to the u.s. geological survey. now to connecticut where thousands of homes are still in the dark and the cold one week after a surprise snowstorm overwhelmed the northeast. the governor says he's not happy with the pace of repairs.

our national correspondent susan candiotti has latest from west hartford. >> reporter: don, as a lot of public officials in the state of connecticut have been telling us, sometimes the squeaky wheel gets the grease. they call it a very slow pace of returning power. that's when things really started to pick up. this is the kind of thing that power crews have had to deal with. old trees that were weighted down by all that snow last weekend, snapping these trees in two, the trees falling on power lines and it created havoc. right now all residents want is to get their power back. at nearly every turn, fallen trees, twisted limbs and tangled vines. leaving hundreds of thousands of connecticut residents in the dark more than a week after a freak storm. >> at night we come home and do the best we can with no heat and cold water.

>> no generator. >> no, we don't have one. >> we don't have one. >> reporter: you just have to bundle up. >> bundle up? we haven't bundled up like that in years. [ laughs ] >> come on. >> reporter: what do you have here? >> inflatable bed. >> reporter: this couple is keeping their fireplace going, sleeping on an inflatable bed in their den. >> i'm cold. oh, my god. do we have to go through another day like this? >> reporter: residents are fed up waiting for power to come back on. state's attorney general is investigating whether the utility company failed to properly prepare. west hartford's mayor is frustrated. >> i'm running out of words to describe how furious i am about it. this has been -- it's been hideous. >> there you go, she agrees. >> reporter: as we spoke, a resident chimed in. >> i'm furious. this is ridiculous. >> and she should be. >> yeah, we've been without heat since saturday. the house is -- it's cold. and where are the trucks? where are they? >> reporter: connecticut light and power crews are hard at

work. now getting help from 22 states and canada and the national guard. do you think you were prepared enough in. >> i do. i think we were as prepared as we could have been for this storm. you know, it has hit us a bit harder than we anticipated but i think we have ramped up our workforce just as quickly as we can. >> reporter: the governor, dan malloy, is keeping an iaeye on e cleanup. they hope to get customers back on line by sunday night. >> i'm worried they're not being realistic about it. >> reporter: bob and audrey are skeptical too. >> forget it. >> we'll believe it when we see it. >> reporter: for now, they're holding on to hope and each other. connecticut power and light says this is the kind of repair that's going to take longer than others when you have power lines dangling acrossing the street. now, the utility company is trying to do the best they can, they say, to get power turned on at all of the polling stations

to make sure that it is done in advance of tuesday's elections. but if you don't have power this night, it's going to be awfully cold inside your house. freezing temperatures are forecast. don, back to you. >> all right, susan, in connecticut for us, thank you. you saw that, 175,000 people or homes still remain without power in being comnnecticut, so how cold will it get? that's a big question. our meteorologist jackie jer russ. how cold will it get and when will they get their power back? >> i know, right, but they're hoping they'll have it by monday morning. it has been a brutal week. even though temperatures have been warm during the day, in the 50s, you know, a lot of people still have their heat on when it's that temperature. now, temperatures tonight are going to get down to about 32 degrees. in hartford, you get outside of the city, more like upper 20s. we'll see a warming trend throughout the week. it hasn't been terrible throughout the week. we melted a lot of snow. in is an image from last weekend to show you how much snow was on the ground.

now we're going to advance this and take this to present day. look at that. yeah, just a little bit over there in parts of connecticut, into western mass, into new hampshire, on up into parts of maine as well. it is slowly whittling away. hopefully they'll see some good improvements and get that power back on for all those people. no weather really expected in term, of stormy conditions for the northeast till thursday. all right, so there's really two storm systems today we're tracking. one in the nation's midsection. one across parts of the west. snow and wind makers are really going to be the big story with both of these. there you can see the winter storm warnings will remain in effect across the rockies. 4 to 8 inches out there. out west, we're looking at a good foot. that system is going to move into the plain states, don. we'll watch this for monday and tuesday next week as it meets up with that gulf moist. we're expecting to see some severe weather. >> winter. >> but you get to sleep an extra hour tonight.

don't forget, set your clocks -- >> oh, that's right, that's right, we'll talk more about that. texas judge who handles child abusers is now being called an abuser himself all because his daughter posted video of him beating her. coming up, the super nanny, the tv star who makes a living disciplining kids. i'm kind of a fixture in different parts of town... some folks call me a rock star, some call me the mayor... and i love it. and, i make everybody happy. i keep my business insurance with the hartford because... they came through for me once, and i know they've got my back. for whatever challenges come your way...

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you want to hear this next conversation. it is about a viral video that set off a nationwide debate this week. when does a parent's discipline turn into child abuse? the footage that triggered it all shows a texas family short judge beating his 16-year-old daughter with a leather strap. a warning, the clip is graphic and it's disturbing. >> bend over that bed. >> dad. >> bend over that bed. bend over the bed. >> well -- >> bend over the bed. >> stop. dad. stop. stop. >> bend over the bed. i'm going to keep beating you on your leg. lay down on your [ bleep ] face. roll over and get on the [ bleep ] -- >> no, that's enough -- >> joining us now is jo frost who starred on the reality tv star "super nanny." i know you are outraged by this particular story. i know that you wanted to speak about it.

i have to tell you, the judge is getting a lot of support online. a lot of people on twitter and facebook saying i bet she won't download any illegal videos anymore. what do you say to that? >> i say this is abuse. that's what i say. very loud and clear here. and let's not justify this behavior. there are alternatives of discipline on the child that allows you to have a healthy relationship with your children. trust, for you to be able to build your family dynamic in a way that's healthy and family. this is not functional. this is people calling in, going on twitter and actually justifying what we know is abuse. we're living in the 21st century, don. this is not the 16th century. we are fully aware of what the damages are. how it breaks down relationships. we are fully aware of understanding that this is abuse. we've got to open our eyes up to this. we have to do something about it, we really do. >> jo, we have you on, so is there any instance, any

instance, where corporal punishment is acceptable? >> i don't think so at all. i have clearly shown certainly in america for the last eight years where families who have been raised to think that corporal punishment is fine and have asked me to come into their homes and i've recognized that parents have a choice in choosing aim terntive discipline that allows them to grow with their family and to bond. and it's not acceptable by any means at all. >> okay. people know you as the problem solver who has entered the homes of hundreds of families and turned things around. if you were in this home, what would you have done? >> i think the most important thing to do here is to understand that families need to be very clear in their communication with their rules and their expectations. and to understand that when we're dealing with 16-year-olds, it's about meeting those expectations and understanding that we can take away their

privileges when they've broken those rules. but we were not dealing with a family here that we're looking at clear expectations and rules. we were looking at a family where the mother was subjected to emotional abuse and certainly the daughter was as well. and there's a very big difference, okay, between parents wanting to raise their children in a functional family dynamic and families that have been raised with abuse. there's a big difference, don. >> i want you to take a look at this. when you see the full seven minutes of the video, the father is definitely very stern, scary to a lot of people. he is cursing. he puts his teenage daughter down -- as he puts her down. i want you to look at the clip, how he views what he did seven years ago when the footage was shot. >> in my mind, i haven't done anything wrong other than discipline my child after she was caught stealing and i did lose my temper but i've since apologized. >> okay so he doesn't really have remorse. he has apologized. so how do children especially

teens respond to this type of parenting, this severe scolding and here how he downplays it? >> he didn't apologize. he didn't apologize. he justified what he did. that's what he did. and he knows now that there are certainly other ways in how he could have done things better. that's the point here, that america needs to recognize that. as a spokeses person for the american society for prevention of cruelty to children where we know that addiction and bullying comes from family who do not break this mold. this is what we're going to see. i think it's important for teenagers to have that help line. i think it's important for families to be educated, for them to understand the ways that they can raise their children -- >> so how does -- nanny, nanny what if a child just won't listen? you know, they say, this child is so hard headed. what does a parent do then? >> i think it's important to understand that it's not just

about laying down rules and expectations. it's about how you nurture a relationship. it's about how you build trust with your children. it's about validating their opinions. it's about certainly having healthy conversations with them. it's about talking about what's important to your family. but we're not talking about that, you know, we're talking about a family that was abusive. a man that has abusive behavior not only to his wife but to his child. there are millions of families, don, that are being raised right now the same way. and are not aware and they're not identifying that actually this is abuse. >> yeah -- >> and this is the epidemic we have here at the moment in america and we need to put a stop to it. >> i have to go but if you can just quickly respond to this. there are people who are out there who are saying, why would she put this video out now, seven years ago, because she's upset that he took her mercedes away and he's not going to support her anymore. why on earth would she do something like this? there's no need for this video now. >> as a 16-year-old, she

probably was fearful of what her father would do if she put that father out and it went viral seven years ago or for her mother's safety, for their safety, under the roof that she was living under. and she's a grown woman now. living on her own. and thank god she has done so. because for those that think this behavior is godly, in the bible, where in the bible does it say you can beat your child to submission? please, somebody. you know? i'm glad she did. >> that's why jo frost is a super nanny. thank you, we appreciate you coming on. >> thank you. at least 13 people are killed in syria demonstrations. [ male announcer ] you never know when a moment might turn into something more. and when it does men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment's right. ♪ [ man ] tell your doctor about all your medical conditions and medications

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activists say despite syria's pledge to end the crackdown on protesters there, it continues. at least 13 were killed in violence saturday. the arab league has condemned the violence and warned the government to comply with its agreement to stop all violence and let outside observers into the country. at least ten of the casualties were from the city of holmes where the opposition reported heavy machine-gun fire. cnn's movement is restricted in syria so we can't independently verify those accounts. tens of thousands of people are also protesting in italy,

calling for the prime minister there to step down. protesters filled a central square in rome voicing their opposition to berlusconi and his budget reform measures. burr lus connie faces a vote of confidence in italy's parliament. on tuesday, lawmakers will vote on those measures. a columbia military operation has taken out the leader of the rebel group known as "the farc." this man, his name is alfonso cano, has led the group since '08. colombia's president said the army captured several other leaders as well. the farc has been at war with the government since the 1960s. the u.s. state department called the death an important victory. we're learning that boxing legend joe frazier is very sick. an update on his condition. has never been hacked. an online virus has never attacked a corkboard. ♪

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aspercreme breaks the grip, with maximum-strength medicine and no embarrassing odor. break the grip of pain with aspercreme. let's check your headlines. boxing legend joe frazier is said to be in a hospice, seriously ill with liver cancer. he was diagnosed with the decease several weeks ago. nicknamed smoking joe, frazier took on the biggest names in boxing including muhammad ali

and george foreman. several western diplomats tell cnn an upcoming report by the u.n.'s nuclear watchdog will contain the most damning evidence yet iran is developing a nuclear weapon. tehran insists its nuclear program is for peaceful purposes. the u.n. hopes international organizations will step up efforts to get iran to stop the program. a little more breathing room for greece which has been teetering on the edge of bankruptcy. the prime minister papandreou met with the country's president today, just hours after fnarrowy winning a vote of confidence. his next objective, to push through approval for an international bailout package. so, how are greece's debt problems impacting your bank account? how does it affect you? here to explain is personal finance columnist terry savage,

author of the book "the savage truth on money." we worked together in chicago many moons ago when we were both teenagers. let's talk about the political events in greece. why are the political events in greece affecting our 401ks? >> they're affecting our 401ks -- disney world, after all, walt disney said it's a small world after all. that's probably the appropriate way to start. greece is not that big of a country. greece is dragging -- and the greek debt, if it is defaulted upon, will have a big financial impact on the markets in europe and all that global trade and uncertainty has an impact on our markets. and it shows up in your 401k temporarily. i don't think it's going to destroy america's stock market. >> let's turn now to the job market. talking about unemployment. it actually fell a tenth of a percentage point in october to 9%. is that a sign of real recovery?

is that enough to point to something like that? >> you know, first of all, let's acknowledge that it's a step in the right direction and the economy created 80,000 jobs and for those people, those people think it's a great step in the right direction. but we're still historically high levels. you know, what is needed to create jobs is confidence. and the latest consumer confidence report showed that confidence is at its lowest level since march of 2009. we're waiting for congress to come up with the debt package. the super committee is still trying to work something out so we don't have to go through the hassle of last summer. all this uncertainty means not only big businesses but small businesses where jobs are created are thinking, i don't know if i should hire that next person. so we need some clarity, we need some confidence, and that's what will create economic growth in be jobs but every little bit

helps. >> this one resonates with me. i am a member of a credit union and have been for years. i haven't had a bank for years just because i realized, wow, this is pretty good. today is bank transfer day. not that i'm telling anyone they should do it. groups urging people fed up with bank fees to move their money to credit unions or banks with fewer fees. is that a good idea? it's not always open 24 hours. i don't get as many fees. there are drawbacks. there are pluses. is that a good idea though? >> yeah, well, what it's showing is the free market works. we didn't need government to regulate fees on big banks. the consumers are getting smart and saying, wait, i'm going to take my money to a place where i get treated better. whether it's fees or just personal relationship with the bank. now, look, if you're going to transfer your money, you have to think about a lot of the inconveniences. that's why people don't transfer. i'm not talking about printing new checks. most people are paying online now. but things like direct deposit, if you're getting social

security, if you're paycheck is direct deposted. you have to make that change. you may have automatic bill payments, your car payment or mortgage or insurance coming out of your checking account. and then i caution one other thing. many of the smaller banks don't have as many atms in your town. now, if they're not going to charge you a fee for using another atm, you're okay, but otherwise you could pile up atm fees that are higher than perhaps the fees your current bank is charging. credit unions provide a great service. and people are smart. we are now thinking about the cost of banking. and the banks, by the way, are recognizing that we're smart consumers so they're going back on some of their decisions like the b of a debit card swipe fee. >> it's nice to call and someone recognizes your voice. just recognizing your voice. i'm in there occasionally and they do it with all of their customers. it's a good personal feeling. >> yeah, not -- not digging your

driver's license's number out when you go to that bank all the time. this is a big part. free market works. consumers work. we're going to have another choppy week. greece is going to go through more hoops this week. we'll see volatility in the markets. but we're actually kind of moving in the right direction. we've had a lot of good economic reports in america. so with a little bit of confidence and maybe some good news out of that debt supercommittee, we could start moving forward at a faster pace here. >> one can only hope. thank you so much. it's good to see you my former colleague and homegirl, as they say, from chicago, terry savage, we appreciate it. cain and gingrich about to be locked in a one-on-one battle in that room in texas. we're going to talk about one thing that definitely won't come up in their debate. [ man ] it's my new malibu. [ woman ] '57 bel air -- still have it. [ both ] our camaro. [ man ] chevy silverado -- third one.

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or visit travelers.com. right now, herman cain is about to have a head-to-head debate with gingrich in texas. don't expect them to discuss what everyone is talking about, the allegations of sexual misconduct against cain. i want you to listen to how cain's story evolved in the days after the allegations resurfaced this week. >> if the restaurant association did a settlement, i am not -- i wasn't even aware of it. i am unaware of any sort of settleme settlement. i was aware that an agreement was reached.

the word settlement versus the word agreement, you know, i'm not sure what they called it. yes, there was some sort of settlement or termination and i don't even know what the contents of that was. >> i was talking about cain's slow recall earlier with comedian will durst. take a listen. i think most people were scratching their heads. it seems like his memory is slowly being revived, doesn't it? >> it harkens back to bill clinton. it depends what the definition of "is" is. it depends what the definition of "agreement" or "settlement" is. his story, let's face it, has changed more often than mitt romney's policies. >> will is a funny guy. we'll get more of his take on cain and some of the other names in the race tonight at 10:00 p.m. eastern right here on cnn. we all know the popular website groupon can save you money and now it could actually make you money as well.

offering stock, to the public. but is it really safe to invest in the online dealmaker? that's next. but first, middle class students apparently are not making the grade. a report from the think tank third way finds middle class students are consistently underperformers and underachievers. only 1 in 4 likely to graduate from college. this week's perry's principles, education contributor steve perry offers some perspective. >> one of the most interesting things about this report is it dispels the myth that if you move to the suburbs you're actually going to get a better education. what we're finding is across the board america's schools are falling short of the expectation of american parents. as a result, we are seeing that our children are being beaten by international comparison to other schools in other countries. so we need as a country to do a better job of all of our schools and providing children with choice, actually access to opportunities outside of the

traditional school in which the children can find the school that fits their needs best. one of the reasons that the middle class students are not going to college is the fact that truthfully a third of them when they get there are taking remedial courses. that's at four-year colleges. percentage of students who are taking remedial courses at college can be anywhere from 60% to 70%. just because you graduate from a high school doesn't necessarily mean you're college ready. in fact, in america, it may mean that you're not. [ female announcer ] if you're considering going back to school, you have options. you can attend our online program or if you prefer a classroom experience... look no further than your own neighborhood. we have over 200 campuses and learning centers around the country. where you can attend classes, career fairs and meet with students and faculty. today, you can go to school online, on-campus, or both. explore your options at phoenix.edu.

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all right. if you're like a lot of people, you probably get offered some groupon in your in box every day, from restaurants to horseback riding to kayaking strips. now you can invest in the stock. the company raised $700 million with its initial public offering. that's the biggest ipo from a u.s. internet company since google went public in 2004. i want to bring in the author of the book "how to make money with social media." i want that book. a lot of people i have to say i am a scout modeling. is groupon safe investment for our viewers? >> i got to be honest with you. if you're a seasoned investors and you know what you're doing,

you might want to get into groupon. if you're like most viewers and just want safe investment, i wouldn't touch this with a ten foot poll. there's so much that have gone on with the way they filed their papers. and google offers is coming on. it could be risky. >> how do you swing these awesome deals for everyone and still make dough it. >> that's the challenge. as you know groupon is a group coupon. if a hundred people are 200 people sign up for it, it drives a lot of business to your doorstep. the problem for businesses is they come in, they get a will the of foot traffic but a lot of times it's these people who come in once and don't come back. that's the big complaint about groupon, is that it's driving foot traffic to your door but then the people are going down to the next deal down the street to do some other deal and you don't get the repeat visitors. that's what making something

work. >> i use scout mob a lot. and they say you get enough free stuff, we're not putting this scout mob thing on. do you think they'll eventually drive groupon out of business? >> i think it's here to stay. remember when amazon came out and people were always saying amazon is not here to stay? amazon trudged through and did a terrific job. i think it's a dicey investment. it's way overbehind, has a lot of people looking at it. if i were an investor, i would steve clear n the dust settles a little. >> remember in the not so distant past you would walk into a restaurant and think of using a coupon and think oh, my good, how gauche. or if a guy went out on a day, the woman would say i'm never going out again with that guy. things have changed. it's cool now.

>> people go in and say look at the deal i got on this. people don't look down at that anymore. peel are in admiration of people to go out and get great deals. >> it's probably because it's dressed in a box that makes it look nance ifancier. >> that's also true. >> thank you. name of the book again? >> "how to make money with social media." >> i want it. signed copy. and tonight making your mark. long-time "60 minutes" commentator andy rooney has died. a month ago he signed off from "60 minutes" for the last time. he began his career as a war correspondent for stars and trieps in world war ii. he was best known for his droll wit on matters great and small at the end of each program. he was 92 years old. on that exot animal release in ohio last month, police reveal

what happened when they were confronted by lions and bears.

updating headlines. new reports detail the chaos at a private compound in ohio where dozens of exotic animals were set freet last month. law enforcement officers say lions and bears were crashing through fences and charging at them. they say they had no choice but to kill, shoot to kill those animals. sheriffs deputies were forced it kill 48 wild animals after their owner, terry thompson, released them and then committed suicide on his farm. deputies said they saw thompson's body but they couldn't get near him because a white tiger was nearby. how much is a single rotten tooth worth? it depends who the tooth belonged to. one of john lennon's yellow molars was sold at auction today for more than $31,000. the buyer a canadian dentist who has written a book on celebrity te