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Thursday, July 12, 2012
Notes from PSU president, trustees' briefing

By Adam Rittenberg


SCRANTON, Pa. -- Penn State president Rodney Erickson and two trustees, board chair Karen Peetz and Kenneth Frazier, responded Thursday afternoon to the release of the Freeh report, accepting full responsibility for the school's failure but stopping short of announcing resignations. The trustees commissioned Judge Louis Freeh and his team to conduct an investigation that began in November and has cost the school $6.5 million to date, a school official confirmed.

All three officials expressed remorse at the school's actions surrounding the Jerry Sandusky child sex abuse scandal. They also addressed Joe Paterno's role and his legacy at Penn State, the broken trust by former president Graham Spanier, what they should have done in hindsight and the steps being taken to recover from what Erickson called "the most painful chapter in the university's history."

The news conference became very contentious at times -- the first question: When will the trustees be resigning? -- and Frazier, who chaired the board's special investigation task force, became upset at one point (more on this later).

Here are some key quotes, notes and takeaways from what Erickson and the trustees had to say:
I'm off to State College for more reaction. Stay tuned.