I'm saying that Paterno and MM told Curley and Shultz that something sexual occurred and then C&S spun it to be horseplay, sold that version to Spanier and then convinced him to not report the incident to authorities. Taking everything we know, that is the most logical scenario.
I disagree. The most logical conclusion is that Curley and Schultz thought Jerry, a recognized community leader in child advocacy at the time, had boundary issues. Most of your posts assume that Curley and Schultz concluded that Jerry was likely sexually abusing children. There is no evidence to support that assumption.