Citing Sandusky Case, S&P Gives Penn State a Negative Outlook

Pennsylvania State University had its credit outlook revised to negative by Standard & Poor’s, which cited financial liabilities tied to Jerry Sandusky, the former coach sentenced Oct. 10 for sexually abusing minors.
October 16, 2012
 

Pennsylvania State University had its credit outlook revised to negative by Standard & Poor’s, which cited financial liabilities tied to Jerry Sandusky, the former coach sentenced Oct. 10 for sexually abusing minors.

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