Tuesday, October 29, 2013

Financial Fallout for an Institutional Lack of Moral Courage

Update from an earlier story we discussed in class last year

As a result of former Penn State Football coach Jerry Sandusky's     (age 69) sexual abuse and assault of a number of innocent children over the past few decades; Penn State has paid $59.7 million dollars to 26 young men who were abused. Sandusky is serving a 30 to 60 year state prison sentence due to his conviction of 45 criminal counts of child abuse. 

There was an earlier report to Penn State authorities from a janitor who witnessed the sexual abuse of a young boy in a Penn State shower room by Jerry Sandusky. It was "looked into" by the Penn State authorities but no legal action was taken with law enforcement. Years later an assistant coach, Jim McCready witnessed a similar act and reported it to authorities and law enforcement was involved. 

Final Comment: There is no amount of money that can buy back an institution's integrity when it was lost due a lack of moral courage from the institution's leaders....

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