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Old 11-16-2011   #444
Vinny
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Default Re: Penn State Child Molestation Case

Quote:
Paterno, according to The New York Times, "transferred full ownership of his house to his wife, Sue, for $1 in July." At that time, the grand jury's investigation had been underway for more than a year. Paterno's lawyer told the Times that the transfer was part of the Paternos' estate planning and unrelated to the scandal that would explode four months later. One lawyer who examined the transaction for the Times said, however, that it could have been intended to protect Paterno financially in the event of a civil suit.
http://www.npr.org/blogs/thetwo-way/...versity-police
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