IzzyBlanche
Well-Known Member
- Joined
- Dec 29, 2009
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I thought it could hardly get any worse.
But apparently it does.
JP didn't just cover up child rape, he attempted to profit from it when things started to get hot.
From the article:
Mr. Paterno was to be paid $3 million at the end of the 2011 season if he agreed it would be his last. Interest-free loans totaling $350,000 that the university had made to Mr. Paterno over the years would be forgiven as part of the retirement package. He would also have the use of the universitys private plane and a luxury box at Beaver Stadium for him and his family to use over the next 25 years.
...
Mr. Paterno quickly issued a statement saying, in effect, that the board need not act, that he would resign at the end of the season. Neither he nor the university revealed that he had effectively agreed to do so already, in return for an expensive financial package.
...
At a board of trustees news conference Friday, Karen B. Peetz, the boards chairwoman, made clear that the issue would not be revisited. Contracts are contracts, she said.
http://www.nytimes.com/2012/07/14/s...id-jerry-sandusky-inquiry.html?pagewanted=all
$350K in interest free loans? WTH did he use those for?
But apparently it does.
JP didn't just cover up child rape, he attempted to profit from it when things started to get hot.
From the article:
Mr. Paterno was to be paid $3 million at the end of the 2011 season if he agreed it would be his last. Interest-free loans totaling $350,000 that the university had made to Mr. Paterno over the years would be forgiven as part of the retirement package. He would also have the use of the universitys private plane and a luxury box at Beaver Stadium for him and his family to use over the next 25 years.
...
Mr. Paterno quickly issued a statement saying, in effect, that the board need not act, that he would resign at the end of the season. Neither he nor the university revealed that he had effectively agreed to do so already, in return for an expensive financial package.
...
At a board of trustees news conference Friday, Karen B. Peetz, the boards chairwoman, made clear that the issue would not be revisited. Contracts are contracts, she said.
http://www.nytimes.com/2012/07/14/s...id-jerry-sandusky-inquiry.html?pagewanted=all
$350K in interest free loans? WTH did he use those for?
