Pennsylvania State University has selected Eric J. Barron, the leader of Florida State University, as its next president, more than two years after a child sexual- abuse scandal linked to the football team rocked the school.
Ex-Pennsylvania State University assistant football coach Mike McQueary testified that late former head coach Joe Paterno criticized the school’s handling of the Jerry Sandusky sex abuse case, including McQueary’s eye- witness account of a 2001 assault.
On Sept. 11 I watched as so many good people put their lives in peril to save others, and I wondered whether I would have had the courage to do the same. I doubt it. But there were no burning towers at Penn State. Doing the right thing to protect a small boy would have taken very little.
Joe Paterno sat in his kitchen one morning in March 2002 as a graduate assistant described a locker-room shower encounter he saw between a boy and a longtime friend and colleague of Penn State University’s football coach. Paterno slumped in his chair, “shocked and saddened,” according to court testimony.
Pennsylvania State University lost a court bid to dismiss a lawsuit by former assistant football coach Mike McQueary over claims he was fired because of his cooperation in the Jerry Sandusky sex-abuse case.
Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the firms.