Penn State trustees: "We are accountable" (CBS/AP) PHILADELPHIA - The chairwoman of Penn State's board of trustees says the panel "accepts full responsibility for the failures that occurred" in the Jerry Sandusky sex abuse scandal. Karen Peetz and other board members pledged to make changes to ensure similar abuse can't go on unchecked in the future. They say the board failed to ask tough questions about Sandusky. The board-sanctioned investigation into the scandal concluded that Hall of Fame coach Joe Paterno and other senior school officials "concealed critical facts relating to Sandusky's child abuse" because they were worried about bad publicity. A 267-page report is the result of an eight-month inquiry by former FBI director Louis Freeh. Sandusky is awaiting sentencing after being convicted of 45 criminal counts. Kenneth Frazier, who led the Penn State board of trustees' investigation, called Freeh's report "both sad and sobering." Penn State probe condemns "callous disregard" Inside Penn State's decision not to report Sandusky abuse Freeh: Paterno failed in "actions and words" "We are accountable for what's happened here," Frazier said, adding that the board "did not force the issue" after initially learning of the sex abuse allegations. Frazier added that "we have to take some time ... before we start thinking about how we think about Joe Paterno's entire life and entire body of work."