
Crying kid 'hates Miami!' plus Tampa Bay Rays go 'fake' 70s retro with uniforms and a poopy Smart Car Twitter war.
Bellefonte, Pennsylvania (CNN) - Jerry Sandusky's writings in a 2000 memoir about the difficult relationship with his adopted son, Matt, are similar to several letters he wrote to a boy now known as alleged victim No. 4.
Matt Sandusky, now 33, came forward this week as his father's child-sex trial drew to a close to say he, too, had been molested by Jerry Sandusky and was willing to testify. The jury enters their second day of deliberations today, where they will review the letters Jerry Sandusky wrote, and may well hold the key to some of the most serious charges against him.
This morning on "Early Start," CNN contributor Sara Ganim on why jurors won't ever hear Matt Sandusky's admission.
NEW YORK (CNNMoney) - Some of the world's biggest banks were downgraded Thursday by rating agency Moody's, which cited concerns about the stability of the global financial system.
Moody's cut the ratings of 15 financial institutions after U.S. markets closed Thursday, including giants like Bank of America, Goldman Sachs and JPMorgan.
"All of the banks affected by today's actions have significant exposure to the volatility and risk of outsized losses inherent to capital markets activities," Moody's Global Banking Managing Director Greg Bauer said in a statement.
Moody's review of the banks, announced in February, was prompted by a "reassessment of the volatility and risks that creditors of firms with global capital markets operations face." Among the risks Moody's cited were "more fragile funding conditions, wider credit spreads, increased regulatory burdens and more difficult operating conditions."
This morning on "Early Start," Christine Romans explains what this means for an already fragile global economy.
Paul Steinhauser on the issues facing attendees at the National Association of Latino Elected and Appointed officials.
Christine Romans on signs from the Federal Reserve and commodities that the economy may be headed for a slowdown.
Joe Johns on what happens next for Attorney Gen. Eric Holder as House of Representatives prepares for a contempt vote.
For 26 years, from 1983 to 2009, the TV show "Reading Rainbow" encouraged a love of reading for a generation of kids. When it went off the air, it had been awarded more than a dozen Emmy awards, and only "Sesame Street" and "Mister Rogers' Neighborhood" lasted longer on PBS.
But for those kids who grew up with the show, they're finding that they're yearning to share the show and it's message with their kids. "Reading Rainbow" host and executive producer Levar Burton noticed, and is bringing it back as an iPad app.
Burton explains the motivation behind the "Reading Rainbow" app with Zoraida Sambolin on "Early Start" this morning, and demonstrates how the app works.
On "Late Show with David Letterman" Alec Baldwin offers a unique way to deflect from reports he punched a photographer.
Susan Candiotti on closing arguments set to begin in the Jerry Sandusky child sex abuse trial.

