Here's the full statement from Paterno:
I am absolutely devastated by the developments in this case. I grieve for the children and their families, and I pray for their comfort and relief.
I have come to work every day for the last 61 years with one clear goal in mind: To serve the best interests of this university and the young men who have been entrusted to my care. I have the same goal today.
That's why I have decided to announce my retirement effective at the end of this season. At this moment the Board of Trustees should not spend a single minute discussing my status. They have far more important matters to address. I want to make this as easy for them as I possibly can.
This is a tragedy. It is one of the great sorrows of my life. With the benefit of hindsight, I wish I had done more.
My goals now are to keep my commitments to my players and staff and finish the season with dignity and determination. And then I will spend the rest of my life doing everything I can to help this university.
Then this is added at the end:
The most significant line: "I wish I had done more."
It goes on to speculate whether it is such a good idea to have Paterno in the media spotlight for the last 3 games, a possible conference championship and a bowl game.
Perhaps in a few years JoePa will find himself in a facility that has an abusive predatory male nurse and when discovered, it is only reported to a non-responsive chain of command to be ignored for years. That would be a shame.
I also predicted that Spanier would'nt make it to the end of the year.
Paternao was in his 70's when he learned of this crime and he did nothing!
Imagine someone tells you they witnessed what they witnessed.
First, you would ask them, 'why didn't you stop it'
Second, you would find out who the child was.
Third, you would make sure that this crime was dealt with.
To paraphrase Burke, for evil to succede, good men have to do nothing'