"While it is premature to reach any conclusions regarding civil or criminal liability arising out of these events, there does appear to be sufficient information to raise significant concerns as to whether a concentration of power in a single individual or program may have threatened or eroded institutional control of intercollegiate athletics at Penn State."


This is exactly right.  The statement is from the Big 10 conference in a letter to Penn State's president advising that the conference will be conducting a separate investigation, in addition to those already begun by the National Collegiate Athletic Association (NCAA), the Pennsylvania Attorney General, and the United States Department of Education. Penn State as an "institution" is in deep trouble. It should be shut down.