Should Penn State Set Up a Victims’ Compensation Fund?

The Takeaway

The fallout continues from the sexual abuse scandal that has rocked Penn State. Monday night Jerry Sandusky appeared on NBC to respond to the allegations against him. Yesterday the CEO of The Second Mile  –  the foundation Jerry Sandusky started in 1977 to mentor troubled youth –  resigned. Meanwhile, the Big Ten Conference removed former Penn State coach Joe Paterno’s name from a new championship trophy. In Tuesday’s New York Times, op-ed columnist Joe Nocera lays out a 5-point plan for Penn State to recover its moral bearings and rehabilitate its image. One of the things Nocera suggests is establishing a victims’ compensation fund –  not unlike the one Virginia Tech set up to distribute $8 million to the survivors and families of its 2007 shooting.
He joins the program, along with Ken Feinberg  –  the lawyer who ran Virginia Tech’s fund and who also headed up funds after 9/11 and the Gulf of Mexico oil spill.

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