Submitted by Ann McClure on Sun, 07/29/2012 - 10:46pm
Pennsylvania State University president Rodney Erickson said Sunday a "combination of funds," including insurance coverage, would be used to pay the $60 million fine the NCAA imposed as well as the costs of any litigation brought by victims of former assistant football coach Jerry Sandusky.
Submitted by Ann McClure on Sun, 07/29/2012 - 10:34pm
One major Penn State donor says he might write the university out of his will, while others say neither the Jerry Sandusky child molestation scandal nor recent unpopular actions by the university's leadership are making them rethink their financial support for the school.
Submitted by Ann McClure on Tue, 07/24/2012 - 7:39pm
State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA.
Submitted by Ann McClure on Mon, 07/23/2012 - 9:28pm
A severe set of penalties imposed by college sports' governing body on Monday all but laid waste to Pennsylvania State University's football program, vacating more than a decade of victories and inflicting years of punishment on a team still reeling from the Jerry Sandusky child sex abuse scandal.
Submitted by Ann McClure on Sun, 07/22/2012 - 10:58pm
The new era of openness and transparency at Penn State continued early Sunday morning when workers erected a fence and draped it with a blue tarp so no one could witness the removal of the Joe Paterno statue that school president Rodney Erickson said had become "a source of division."
Submitted by Ann McClure on Sun, 07/22/2012 - 10:56pm
Looking back, Vicky Triponey said she can't help but wonder if there was some "correlation" between the success of the Penn State football team and how her role in charge of student conduct at the university was perceived.