Last Wednesday, the university's board of trustees fired Paterno and Graham B. Spanier, the university's president.
When the university's Board of Trustees fired Paterno and Graham B. Spanier, the university president, on Wednesday night, prices plummeted.
The Penn State board of trustees fired Paterno last week amid the sexual abuse scandal tied to his former assistant coach Jerry Sandusky.
Soon after the three were arrested in November, the board of trustees fired Paterno, the school's most famous figure and a man who won two national college football championships in the 1980s.
But on Nov. 9, 2011, five days after the scandal broke, the board of trustees fired Paterno three games short of completing his 46th season as head coach.
On March 9, three days after the series concluded, the district's elected Board of Trustees fired the head of the construction program, Larry Eisenberg.
Three months after Penn State's board of trustees fired him after the arrest of former defensive coordinator Jerry Sandusky on multiple felony counts of sexually abusing boys, Paterno died Sunday in State College, Pa.
Curley and Schulz stepped down from their positions at the school Nov. 7, and the university's board of trustees fired Paterno and Penn State President Graham Spanier Nov. 9 at approximately 10 p.m. Eastern time.
In the memorial's most riveting moment, Knight lambasted Penn State's board of trustees for firing Paterno, the coach from 1966 until 2011, because he did not report to the police what he knew about a suspected 2002 sexual assault by the former assistant coach Jerry Sandusky.
Yes, Thursday's memorial was rightly filled with sadness and loving tributes, but it also included a from-left-field attack on the university's board of trustees for firing Paterno from Nike chief executive Phil Knight.
