this morning, megabanks take a hit. >> a fresh blow for the world's biggest banks. their credit rating slashed. sending markets lower overnight and making it tougher for anyone leading a loan. stunning allegation from inside jerry sandusky's family. his adoptive son saying his father abused him, too, just as the jury begins grappling with the case. and miami's moment. unstoppable in game five to win another nba title. across the city, celebrations overnight for lebron and company. and another wire walker tempting fate. 32 stories above the gulf coast. good friday morning, everyone. i'm paula faris. >> and i'm john muller, in for rob nelson. borrowing money could get even

harder after moodys lowers the credit rating of 15 of the world's top banks. >> this is one more sign that the epic banking crisis isn't over. the affected megabanks include the country's top five. moody's believed their long-term prospects for profitability and growth are shrinking. the downgrade means it will cost the banks more to borrow money and do business. something that will directly affect american consumers. >> it is not good news for banks because it puts them in a weaker position if the world and the u.s. economy were to continue its slowdown. it makes it more difficult and more expensive for consumers to get loans on everything from cars to mortgages to small businesses. >> reporter: the downgrade adds to the unease which has been plaguing global markets and raises questions about the banks' ability to withstand the debt crisis in europe. but analysts say this is not a repeat of 2008. and these banks are not on the merge of going out of business. they have knowned a tbt the

downgrade for a few months and have had time to prepare. but the news followed big losses in the markets here in the u.s. the dow fell 2% yesterday. and this morning, asian markets saw a steep decline, as well. >> they deserve it for years of mismanagement, and speculative trading activities. all these major international banks being downgraded. and to a more realistic level. >> reporter: this downgrade comes on the heels of federal reserve chairman ben bernanke's sharply reduce chance of growth on friday, and promised action by the fed if the u.s. economy grows slower further. >> we're ready to take steps to recovery in the labor market. >> now, the banks are pushing back. saying they expected the ratings change. and have put safeguards in place to protect themselves from major losses. breaking news from afghanistan this morning. taliban fighters attacked a

lakeside hotel near kabul overnight, trading gunfire with police, and holding hostages, including women and children. the standoff lasted until this morning when the attackers were killed. but 4 officers and 12 civilians also died. the taliban spokesman tweeted they attacked because alcohol was being served there. now, to the jerry sandusky child molestation trial. the jurors begin their first full day of deliberations this morning. but we know something they do not. that sandusky's own adopted son has joined the ranks of the accusers. abc's t.j. winick reports from bellefonte, pennsylvania. >> reporter: jerry sandusky's 33-year-old adopted son, matt, until now his biggest supporter, says he, too, was molested by his father. why wasn't he called as a state witness. sources say matt was waiting in the wings in case sandusky decided to testify and would be used as a rebuttal witness. >> you put a witness like that on the witness stand, they are

open to strong cross-examination because of inconsistent statements. first, you said you weren't. now, you say you are. which is the truth? >> reporter: the fate of the former penn state assistant football coach is now in the hands of the jury. during an impassioned closing argument, defense attorney joe amendola reck recollected how the defense statements changed. i will tell you if he did it, he should rot in jail for the rest of his life. but what if he didn't do it. the lead prosecutor then got his turn. ending his argument with a flourish. recalling the ten alleged victims, eight of whom testified in the past two weeks. look at the evidence, he said, stand right behind sandusky. you can't give them back his souls. he knows he did it. give them justice. and give him the justice he deserves. find him guilty. late thursday night, jurors asked to review the testimony of mike mcqueary and mcqueary's neighbor, who he told he thought

he saw jerry sandusky abusing a young boy in a locker room shower. they will address the issue later this morning. in bellefonte, pennsylvania, t.j. winick. john and paula, back to you. the tension mounting at the supreme court over health care reform overhaul expected next week. john boehner sent a memo to party members telling them not to gloat if they throw it out. president obama called on congress to keep interest rates on college loans from doubling next week. the two parties remain deadlocked on how to pay to keep them low. interest rates are set to rise from 3.4% to 6.8% on july 1st. torrential downpours that battered the upper midwest have turned deadly. three people were killed in central wisconsin yesterday when heavy rain washed away a 50-foot stretch of highway. the victims were in two cars that crashed into the gorge created by the missing roadway. in the northeast, it is

still sweltering. but just a notch cooler. ambulances had to rush to outdoor graduation ceremonies yesterday, as dozens of grads and family members passed out from heat exhaustion. the energy company in philadelphia handed out hundreds of free fans to the elderly. and thousands of people hit the beach. i can only imagine how hot they were in caps and gowns. >> can you imagine? a lot of people fainting on those celebrations. time for the rest of the weather across the nation. late afternoon thunderstorms, looking to break up the heat from new england to the mid-atlantic. scatter thunderstorms across florida. severe weather around rapid city. showers in the pacific northwest. >> 60s from seattle to portland. and 109 in phoenix. sounds like a broken record, doesn't it? 90s across much of the south and northeast. 80s in the plains and midwest. well, they are sporty cars loved by celebs and the superrich. but today, they hit the mass market. we'll show you. and you may have seen the

video this week. a new york state bus monitor tormented by teens. an online donor drive climbing overnight. you're not going to believe what it's up to now. and lebron james left cleveland in search of a title. and now, he's got it. the big win in miami is coming up.

welcome back, everyone. as we told you earlier, moody's has cut the credit ratings of more than a dozen major banks, including five right here in the

united states because the rating service is worried about europe's debt crisis. so are overseas investors. tokyo's nikkei average fell 26 points today. hong kong's hang seng was off 257. and in london, the ftse opening lower. on wall street, the dow plunging 251 points yesterday, almost 2 percentage points. the nasdaq index lost 71. and mortgage rates have hit another record low. a 30-year fixed rate loan averages $3.66. a 15-year mortgage is 2.95%. those are the lowest rate since long-term mortgages began in the 1950s. and freddie mac says we're going to be seeing low interest rates for a while. do you remember the warnings of $5 gas? a respected oil analyst says we should see $3 gas by thanksgiving. low crude oil prices and slumping demand. the national average this morning is less than $3.50. tesla, today, delivers its

first mass market all-electric car, the 30s. it has a range of 265 miles per charge. tes tesla's counting on the auto to make money nor the company. the online world is all atwitter over the site service outages. twitter says it was an internal problem, a, quote, cascading bug. whatever that's supposed to be. the result was no service off and on throughout the day yesterday for web and mobile users. twitter claim that a hacker caused it isn't true. and smartphones may be replacing pacifiers for crying babies. a british survey says three-times as many mothers hand their kid a phone than a pacifier. only two out of five moms say they actually limit the amount of time their kids can play with digital devices. >> yeah. a little older ones want to play on it. the other ones will put it in their mouth, like everything

else. >> i think the iphone, or the phone is a little more sanitary than a pacifier. >> there you go. i think it's about the same thing. let's talk about a dramatic mountain rescue on the west coast overnight. we're going to show you the video just coming in. plus, miami's dream team scores a second nba title, making quick work of the league's youngest squad. and the missing millionaire mystery. his boat washes ashore. there's still no sign of him. it's time to live wider awake. only the beautyrest recharge sleep system combines the comfort of aircool memory foam layered on top of beautyrest pocketed coils to promote proper sleeping posture all night long. the revolutionary recharge sleep system... from beautyrest. it's you, fully charged.

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you're looking at a dramatic river rescue in vermont. the young couple there was fishing when the wife lost her footing. her husband went in after her. and they were both swept over a waterfall. amazingly, they survived a 20-foot drop with just some minor cuts. >> i've been wanting to go to vermont. maybe not so much now. i'm just not that daring. now, for a look at morning road conditions.

wet highways in the northwest and around rapid city. a slick ride across much of florida. late afternoon storms drench roads from new england to the mid-atlantic. >> if you're flying, airport delays are possible in new york, boston, philly, seattle, miami, d.c., new orleans and charlotte. this video of a bus monitor being taunted mercilessly by middle schoolboys has prompted an outpouring of kindness. >> when the video was put on youtube, the school and the police brought the boys in. mrs. klein says it was hard to keep herself from responding to them at the time. >> i didn't get angry. i just kind of tried to ignore them. just look out the window of the bus. and say, bye, guys. but they just kept up. >> the boys' punishment hasn't been determined yet. but donations to mrs. klein are

closing in on 450,000 bucks. southwest airlines has donated nine airline tickets to send her to disneyland. now, to a tragic story that's developing in washington state. a park ranger at mt. rainier has fallen to his death. the ranger, 34-year-old nick hall, was helping with a rescue operation, when he slid down the mountain more than 3,000 feet. he was trying to save four injured climbers when he fell. three of the climbers were flown to safety. the fourth is expected to be rescued today. and police are trying to unravel the mysterious disappearance of a florida millionaire. guma aguiar's fishing boat. it came ashore on a beach. but he was nowhere to be found. the successful businessman and father of four is in the middle of a divorce. his wife told police she thought he was at home. but an employee confirmed his boss did go out on that boat. for the first time we're hearing george zimmerman's side

of the story in his own words in vivid detail. a blow-by-blow account of the night he shot and killed trayvon martin. zimmerman's legal team has released video of the re-enactment he did for police. zimmerman says martin punched him in the face and tried to take his gun. >> he looked at it. and he said, you're going to die tonight, [ bleep ]. and he reached for it. but he reached -- i felt his arm going down on my side. and i grabbed it. and i just grabbed my firearm and i shot him. >> zimmerman claims martin was slamming his head on the sidewalk so hard he thought he was going to lose consciousness. it only took five games for the miami heat to secure their second nba title last night. >> optimistic view from "the miami herald." >> let's get the highlights from espn news. >> for your "sportscenter" update, i'm jorge andres. let's play some hoop. game five of the nba finals.

lebron james and the heat looking to close out kevin durant and the thunder. mario chalmers, the steal. keep an eye on james. running the floor for the nasty jam. pumping up the crowd early. another thunder turnover. they had 13 turnovers on the night. chalmers to d. wade. one-handed. just 30 seconds in the first. durant, to the back for a huge jam. take another look. the sickest 2 of his 32 on the night. and thunder trial by five. second quarter, shane battier, no good. james, the rebound. finds chris bosh for 2 of his 24. the heat lead by 12 now. just under five minutes. durant's pass, stolen by chalmers. he finds james in transition for the bucket. and the heat by ten at halftime. third quarter, james. wide-open for three. miami, an 11-point lead. fourth quarter, now. wade, to mike miller.

he was on fire from beyond the arc. seven of eight from three-point land. 23 off the bench. the heat had 14. tied for most of the nba finals. and it was lebron james, fighting his way for the bucket and the foul. that one, a triple-double for king james, as the heat go on to win, 121-106. they are nba champions. remember, the college world series lives on espn starts at 9:00 eastern time. arkansas taking on number eight south carolina. winner takes on arizona for the championship. all on espn and the watch espn app. this is sort of an indication for lebron james. his rival in miami was supposed to guarantee a title, or two or three. and the heat, last year, moving to dallas. >> now, a championship ring is his. >> the happiest day of my life. i wouldn't want to suspend it.

but nobody else in the world besides my teammates, these fans. oh, my god. you guys are unbelievable. and this is a dream come true. >> you're looking at the mvp right there. it was also very emotional outside the arena where fans began celebrating even before the end of the game because it was a blowout. crowds from the neighborhood bars head toward the arena. meeting fans leaving the game. >> pots and pans. there was a stand still. there were no problems. >> always good to hear and see that. up next, another wire walking attempt. we're going to show you the images from 32 stories up. without notice, the ground swallows a florida home. the conditions ripe for this to happen all over the state.

are you ready, john? >> i'm ready. >> are you guys ready? hopefully you are. it's time to check "the pulse," some of the hottest stories online this morning. beginning with one truly hot weather forecast. >> yeah. taking you to a baltimore affiliate, where an accidental heat stroke gone viral. meteorologist, matt masco, a 775-degree forecast. it's been hot, folks. but maybe not that hot. and he quickly directed that graphic. >> one little button. see what can happen. a florida woman who left home to run an errand will probably never step foot in her house again.

>> take a look at this. that's bauds a giant sinkhole swallowed at least half of it. fortunately, no one was inside at the time. no one was hurt. but the home was immediately condemned. neighbors say it happened so suddenly, all they could do was watch. >> the heat and drying you

senator, ralph lauren model, or free credit record band member. >> here's the thing. one of those guns was used to kill a u.s. border agent. president obama, who is attending the g-20 summit in mexico, where he's been meeting with world leaders and perhaps checking whether drug lord gun sales are hitting their quotas. russian president vladimir putin is there, as well.

perhaps we can lean on him for selling his weapons to southeastern war lords. because selling weapons to violent -- oh. >> lebron james is not the most popular player in the nba. but he made a lifelong fan. he handed a sweat band to a woman in the crowd. who immediately took that sweatband and put it on her head. not only was that kind of disgusting. it had a strange affect on the woman almost the instant she put it on. >> what was going through your mind? >> i've been there before. it's not a -- great training staff. and they helped me get back on my feet. >> it's like leaky friday is what it is. >> all right. that's making news in america this morning. >> let's be thankful we didn't end up on any of those. stay with us for "good morning america." have a great friday. stay cool. and have a fabulous weekend, everybody.