Saturday, July 14, 2012

The Conglomerate Blog: Business, Law, Economics & Society

The Conglomerate Blog: Business, Law, Economics & Society: "Today, the NYT added another layer of shame on Paterno: shortly after receiving a subpoena to testify in the Sandusky scandal, Paterno contacted the University to negotiate his departure. While still in a position of great strength, Paterno negotiated for a $3 million severance payment if he left his position at the end of the 2011 season. He also wanted forgiveness of $350,000 in loans from the University, the use of the University’s private plane, and a luxury box at Beaver Stadium for him and his family for 25 years."

'via Blog this'

No comments: