Penn State president wants to "quickly" settle lawsuits

July 27, 2012 1:16 PM

Penn State president Rodney Erickson tells CBS News' Bob Schieffer the university is "adequately covered" against lawsuits that may come up after former assistant football coach Jerry Sandusky was found guilty of using his position to sexually abuse underage boys. For the full interview with Erickson, tune in to "Face the Nation" on Sunday at 10:30 EST.

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