POSTED: Wednesday, November 9, 2011 - 3:41pm
UPDATED: Wednesday, November 9, 2011 - 6:34pm
***5:30 PM UPDATE***
CLICK HERE to read the full indictment.
WARNING: The document is very graphic, and some readers may find the contents disturbing.
The trustees at Penn State could still force football coach Joe Paterno to step down immediately.
They could also take action against the university's president, Graham Spanier.
Paterno announced today that he will retire at the end of this season.
He's 84, and is in his 46th year as coach. Paterno says he's "absolutely devastated" by the child sex abuse scandal in which his onetime assistant and heir apparent, Jerry Sandusky, has been charged with molesting eight boys in 15 years.
The coach has been engulfed by outrage that he did not take more action after a graduate assistant told him in 2002 that he had seen Sandusky in the Penn State showers with a 10-year-old boy.
In a statement, Paterno calls it a "tragedy," and says, "With the benefit of hindsight, I wish I had done more." He had notified the school's athletic director and a vice-president -- both of whom have since been charged with failing to report it to authorities.
Paterno met with his coaching staff and players today in the football building at Penn State for about 10 to 15 minutes in what was described as a very emotional session.
Standing at a podium, Paterno told them he was leaving, and broke down in tears.
Junior quarterback Stephon Morris said some players also were nearly in tears as Paterno spoke.