was mitt romney in charge of the private equity firm he found whd it sent jobs overseas. culture of concealment. investigators say joe paterno and other officials withheld facts about jerry sandusky's sex abuse of young boys. >> the most powerful men at penn state failed to take any steps for 14 years to pro tech the children who sandusky victimized. a delta jet lands safely after strange wires are found in a delta jet lands safely after strange wires are found in the bathroom. captioning funded by cbs this is the "cbs morning news" for friday, july 13, 2012. good morning. thanks for joining us. i'm duarte geraldino. mitt romney's business experience is taking center stage in campaign 2012.

at issue is whether romney was in control of the private equity firm he -- bain capital. he says no. but bain documents appear to indicate otherwise. meanwhile, president obama reflected on his first two years in office. tara mergener is in washington. good morning, tara. >> good morning, duarte. that's right. president obama says he would do a better job of inspiring if he's re-elected and this as the battle between the campaigns rages on now with accusations of lying. president obama hits the road today for campaign events in the battleground state of virginia. before heading out, he took time for an interview with cbs' charlie rose where he admit today some mistakes. >> well, you know, he's been juggling and managing a lot of stuff. where is the story that tells us where he's going? i think that was a legitimate criticism. >> the president says it spared a question everything about a presidential candidate and the obama campaign has some

questions about mitt romney's time at bain capital. a report from the boston globe says romney filed paperwork with the government where he claimed to be the sole owner and ceo of the private equity firm as late as 2002. the romney campaign says he had no input on investments or management of the company after he left to take charge of the winter olympics in 1999. at the heart of the issue, who was in charge of bain during the years from 1999 until 2001? that was the time period when bain ran companies that went bankrupt and invested in others that shipped jobs overseas. >> does virginia really want an outsourcer in chief in the white house. >> the campaign ad has been running for weeks hammering romney over the outsourcing issue. >> it's false and misleading. >> the romney campaign is hitting back with its own ads. >> the obama outsores attacks. >> the obama campaign snooim i'm barack obama and i approve this

message. >> stands by its claim. now, bain capital released a statement saying that mitt romney was on the paperwork until 2002 as the company transitioned from his ownership to new partners, but that he did not have any role in managing the company. meantime, romney did get a boost yesterday from former vice president dick cheney who helped raise more than $4 million at events in wyoming. duarte? tara mergener in washington. thanks. you can see more of charlie rose's interview with the president and mrs. obama later on "cbs this morning" and this weekend on sunday morning. a washington, d.c. police officer is under investigation for allegedly threatening first lady michelle obama. the washington post reports the officer is accused of telling fellow officers he would shoot mrs. obama and used his phone to show the gun he would use. the officer worked as a motorcycle escort for the white house. administrative duty. callus and shocking.

that's how investigators describe the behavior of penn state officials in their handling of the jerry sandusky scandal. on thursday, they released a report detailing how top leaders at the school concealed child sex abuse allegations against the former assistant football coach in order to protect the image of the school and its revered football team. the report was the culmination of an eight-month investigation spearheaded by former fbi director louis freeh and it was scathing. >> our most sobering finding is the total disregard for the safety and welfare of sandusky's child victims by the most senior leaders at penn state. >> the report charged that late football coach joe paterno, former president graham spanier, retired senior vice president, gary schultz and ex-athletic director, tim curley repeatedly concealed critical facts related to the child abuse from the authorities. the university's board of trustees, the penn state

community and the public at large. >> the evidence clearly shows in our view, an active agreement to conceal. >> the report cites an e-mail sent by curley in the weeks after mike mcqueary said he had witnessed sandusky sexually abusing a boy in a campus shower. according to investigators, curley, spanier and schultz wanted to report sandusky to child welfare authorities but after speaking to paterno, curley wrote in an e-mail that he would prefer to keep the matter private and speak with sandusky. that same night, spanier responded with an e-mail reading, "the approach you outline is humane and a reasonable way to proceed." >> though concern to treat the child abuser humanely was stated, no such sentiments were said to sandusky's victims. >> the coach should have done more but that he was not part of a cover-up. >> joe did not interfere with any investigations. joe in no way, shape or form

sandusky was a child predator. >> but the report is likely to further tarnish paterno's once sterling legacy. the penn state board of trustees is moving cautiously in how the coach's career will be honored in the future. >> the clarity that's come out of the report which showed that 61 years of excellent service that joe gave to the university is now marred. >> nike reacted to the findings thursday by removing joe paterno's name from a child care building on its oregon headquarters. the report could have consequences in the criminal case against schultz and curley. they're accused of lying to a grand jury. jerry sandusky is still awaiting sentencing after being convicted on 45 counts of child sex abuse. overseas, it's reported the syrian government it moving part of its chemical weapons arsenal. the wall street journal quotes unidentified u.s. officials. it's unclear if the chemicals are being moved to protect them or if the assad government intends to use them. opposition activists say more

than 100 people, mostly civilians were killed in central syria yesterday. the revolutionary leadership council says syrian forces bombed one small village followed by an attack by the pro assad militia men. a delta airlines jet bound for madrid returned to kennedy airport last night after strange wiring was found in the bathroom. but no explosives were found on the plane. there were 206 passengers on board delta flight 126. one reported the suspicious wiring. the jet safely landed at kennedy more than an hour after it took off and was met by the bomb squad and fbi. two passengers were questioned and released. on cbs "moneywatch," a big day for jpmorgan chase and yahoo confirms a hacking attack. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning, duarte. report on the gdp in china lifted overseas markets this morning. the nikkei gained a fraction while hong kong's hang seng

added a quarter percent. concerns over earnings sent wall street lower. the dow fell 31 points while the nasdaq was down 21. today jpmorgan chase ceo jamie dimon will deliver the quarterly earnings to investors. it will be the first earnings report for the bank since it announced a multibillion dollar trading loss. jpmorgan has lost about 15% of its market value since that announcement. a group of senators wants to see more investigations into whether some global banks tried to manipulate a key interest rate that affects mortgages, credit cards and student loans. last month, barclay's bank admitted they tried to rig the libor rate. barclay's ceo and chairman stepped down after a $453 million penalty was paid. officials in san bernardino, california, are investigating the possibility of criminal activity within the city government. this week, san bernardino became

the second largest city in u.s. history to declare bankruptcy. the city attorney says that the council had been given falsified financial statements and has other evidence of financial mismanagement. and hackers have leaked about 450,000 yahoo users' e-mail addresses and passwords. the hacker group claimed responsibility and says it stole the information to give yahoo's security managers a wake-up call. yahoo says only 5% of the passwords were still valid. ashley morrison here in new york. thanks, ashley. coming up in the morning news, scorching heat in the midwest is putting a strain on corn crops as farmers wait for rain. this is the "cbs morning news." "moneywatch" sponsored by vaj sill. count on it. ♪

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been quietly building in the midwest. it's already affecting food prices. corn is up 11% from a year ago. dean reynolds has more from the dry fields of illinois. >> bob bluers thousand acre farm is dying of thirst. >> this looks really kind of -- >> puckering up pretty tight sfiet disfrd. >> it's lack of water. fifth generation farmers growing mostly corn and soybeans. they haven't had a good rain for months in channahon. a native american word meaning where water meets. the water never showed up. >> the corn looks like a pineapple plant. >> in a good year, they would harvest 200 bushels of corn an acre. this year, they'll be luck toy get five. where should these be now? i mean, height? >> really? >> as high as you can reach. >> his soybeans are faring no better under the relentless sun. he could lose $150,000 this year. >> these beans have been sitting

dormant this way in height for about a month. they should be way up here. >> so they just stopped growing? >> yes, sir. they stopped growing until conditions improve. >> more than 30% of nine midwestern states are in an extreme or exceptional drought. the worst in a quarter century. the u.s. department of agriculture has cut its harvest projections by 12%. >> you can see all of your hard work gone for naught. >> drying up in front of you. >> this is our end harvest, i hate to get into the unemployment rolls. but we'll go to town and find a job and try to do something else to make ends meet. that's all you can do. >> do you ever think of getting out of this? >> sure. you think about it and then spring comes and we do it again. >> this part of the midwest seldom has a prolonged drought. so farmers like bob don't have irrigation systems. that's a problem now because no significant rainfall is in the forecast here for at least

another week. dean reynolds, cbs news, channahon, illinois. straight ahead, your friday morning weather and in sports, team usa shows how it's done in basketball warmup for the london olympics. to your kids' wet skin. neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts through water. forms a broad spectrum barrier for full strength sun protection. wet skin. neutrogena®. for full strength maybmaybe you can't.re; when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life.

needs extra nourishment to feel silky soft. dove advanced conditioners deeply nourish your hair. enjoy silky smooth hair you can't stop touching. ♪ here's a look at today's forecast in some cities around the country. new york, partly sunny, 90. miami, thunderstorms, 90. chicago, partly sunny, 93. dallas, partly sunny, 94.

los angeles, thunderstorms, 86 degrees. time now for a check of today's national forecast. much of the south will see thunderstorms throughout the day. strong storms with heavy rain and some hail are likely from southern texas to the carolinas. the northeast and midwest will be dry except for thunderstorms in the ohio valley. in the west, isolated thunderstorms could cause flash flooding from southeastern california to montana. and in sports, pre-olympics basketball in las vegas. team usa versus the dominican republic. the nba superstars dominated, including lebron james an alley oop on a pass from darrin williams. kevin durant's three-point jumper, part of his 24 of the night. camillo anthony's -- they doubled the dominican score. 113-59. not all olympic competitors have two legs. some use four. for hundreds of years, for actually 100 years, the elegant horse and rider event called

dressage has been part of the olympics. this year, even in london, the u.s. team can't escape entirely from politics at home. a horse linked to mitt romney and his wife will be in the mix. randall pinkston reports. >>ian abling used to be afraid of horses, but now the german-born rider and his horse& are training for their first olympic games. they're one of four members of the usa dressage team. >> it's amazing. it's a dream come true. >> that dream became a reality, in part, because of ann romney, wife of republican presidential hopeful, mitt romney. she helped purchase the horse for him about six years ago. >> i think she really appreciated me helping her with her riding and i think she wanted to help me achieve my dream. >> there we go. >> an avid rider, mrs. romney started training with him after she was diagnosed with multiple sclerosis. she credits riding with easing some of the symptoms of the

disease. the romneys' involvement is putting -- horse ballet has been part of the olympics for a hundred years. it's based on military training dating back to the ancient greeks. in competition, they rely on their trust of each other to precisely execute a series of choreographed movements. >> dressage is really all about balance, rhythm and relaxation. >> this pair trains about an hour a day. abling says his horse is ready. >> is how old is she. she's peaking right now. >> at 53, he's ready. after all, he says he's been training for this moment for decades. randall pinkston, cbs news, gladstone, new jersey. and when we return, caught on camera. a high flying crash that's being used as a lesson for drivers who run red lights. last season was the gulf's best tourism season in years. in florida we had more suntans... in alabama we had more beautiful blooms...

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here's a look at today's forecast in some cities around the country. washington, d.c., partly sunny, 81. atlanta, thunderstorms, 86. st. louis, thunderstorms, 90. denver, partly sunny, 92. seattle, partly cloudy, 80. here's another look at the top stories this morning. mitt romney has said he was not in charge of the private equity firm bain capital after 1999 when bain invested in companies that shipped jobs overseas, but documents filed with the government by bain say otherwise. penn state officials, including football coach joe paterno covered up allegations of child abuse against former coach jerry sandusky. according to an investigation commissioned by the school. investigators describe the behavior as "callous and shocking." protesters clash with police in downtown los angeles. police say one officer was injured and several people arrested after some protesters

began throwing rocks and bottles. it's unclear what set off the trouble which involved 200 people taking part in downtown l.a.'s monthly art walk event. video released by a town of new jersey shows what can happen if you run a red light. police say this car was going about 60 miles an hour when it raced into the intersection last month. the driver of the car that flipped was booked for drunk driving. amazingly, though, neither he or anyone else was seriously hurt. las vegas police say they had no choice but to shoot and kill one of two chim pan sdplees running loose in a residential neighborhood. the body of the 150-pound male lay in the street half an hour after the animal escaped from a backyard enclosure yesterday. animal control officers arrived in time to tranquilize the second chimp and take her away. coming up after your local news on "cbs this morning," charlie rose's exclusive interview with president obama. i'm duarte geraldino. this is the "cbs morning news."

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good morning and welcome to 9news now. floor director sam says we should look alivement we are, good morning, it's friday the 13th. i'm andrea roane. >> how adorning? i'm mike hydeck, we're -- you doing? i'm mike hydeck, we're glad you're here. traffic momentarily and miss anny hong is in for howard

today. >> it's going to get a little hotter this weekend can the humidity also -- and the humidity also on the rise. we love that humidity don't we? good for the skin. no. but not for the hair. here's a look at the day planner for today. hey it's cloudy out there and mostly cloudy for much of day today and temperatures though still getting up into the med upper 8 -- mid upper 80s. we have some green on the live doppler 9000 hd, it's out to the west of us with the potomac highlands and central virginia and this stuff for the most part really should not enter much of the beltway. but there's a slight chance we could see a little sprinkle or some light rain early this morning. here's a look at the radar can most of us -- with most of it coming from the south. a boundary stationary front to the south of us. that will come in as a warm front this weekend. a little bit around the beltway but probably overdoing it a little bit because the atmosphere a little moist and not all of it is actually hitting the ground. right now temperature-wise still really comfortable out there.

77 in downtown. upper 60s in manassas. 70 fredericksburg and culpeper 68. annapolis 76 degrees. the highs for today, getting up to 87 so that's near our average high of upper 80s close to 90. 86 manassas and fredericksburg 58 and tappahannock a little closer to maybe flirting with 90. you're upper 80s. we'll talk more about the heat coming this way but first here's monika with the timesaver traffic. good morning everybody. mainly you've just got that construction on the west side of town otherwise you know things aren't looking too bad at all this morning compared to yesterday morning especially here we go with the construction on the westbound side of i-66. it's going to be between that dulles connector road and route 7 and on the inbound side, no exit to the outer loop and you'll be forted to exit to the inner loop on the beltway on the inbound side of i-66. northbound on i-95 here's springfield. no problems coming up from dale

city as you head for the beltway and 395. back over to the maps this time we'll go over to the north side of town where there are no problems on 270. a live look there right now if you're coming in from rockville down to the point where the lanes divide no issues to report right now. all lanes are open here even at route 118 in jermantown. back in a few minutes with more traffic at 4:47. back to you guys. >> thank you monika. when did d.c. mayor gray learn about the shadow campaign no that's a question many in the region want an answer to. >> a growing number of d.c. lawmakers are calling for the mayor to either explain himself or resign. >> as gary nuremberg found out thursday -- >> preserve, protect and defend. >> reporter: gray presided at the swearing in of the new ethics board whose members understand -- >> we are really at a time when district residents have reasons to be skeptical about the district's government ability to enforce its own ethics

rules. >> reporter: to begin -- >> focus first on the highest levels of government. because if there's a way solid head, then the rest will fall into line. >> reporter: and the head of d.c.'s government mayor gray who was at the center of a legal and ethical storm because of an illegal under the table 2010 mayoral campaign. three members of the city council are calling on him to resume. >> i'm not going to be resigning. i think that there are nine members who didn't. they've indicated they wouldn't be doing that and i'm not resigning. >> how could $650,000 be spent on your behalf without you knowing it? >> i've indicated many times that there's an ongoing pending investigation and we'd like to have the investigation you know be completed and then you know, all the facts will come out then. >> can you tell us if miss harris talked to you about this earlier this year that you were made aware in a