The argument has been made every year: Joe Paterno should step down for the future of Penn State football. But for every bad year, as the hot seat got hotter, JoePa seemingly came back with a better season. But, after the sexual assault scandal, there's no argument to be made that things will get better for Paterno. His great contribution to the school in time and financially, perhaps more than any coach has done in history, no longer applies.
In the last four days, Penn State officials have been getting crushed by the media and by fans for their handling of charges of sexual assault allegations that inexplicably reached a dead end without being reported. How is this possible? How can the state be working on a two-year investigation and Spanier and Paterno, in their first public comments, act as if they were blindsided?
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Monday, 17 Jun 2013 | 8:18 PM ETBeijing is hoping that building more cities will create wealth for its people but as CNBC's Eunice Yoon reports, it's also fueling a debilitating rise in property prices.
Monday, 17 Jun 2013 | 5:00 PM ETFundamentals haven't changed enough to substantiate worries that the Fed would cut back on quantitative easing yet, Josh Brown of Fusion Analytics says.