July 17, 2012

Penn State Trustees Were Blind to Risk, Just Like Many Boards

By Jack Stripling

Still reeling from a damning report about Pennsylvania State University's handling of a child-sex-abuse scandal, the chairwoman of Penn State's board made a decidedly clinical observation last week.

"We should have been risk managers in a more active way," Karen B. Peetz said at a Thursday news conference.

In a story about young boys'