Paternoism

To cultivate the appearance of successful leadership, all the while managing one's organization in a detached--perhaps even negligent--manner that invites malfeasance; to ignore poor and criminal behavior on the part of one's subordinates; to become so captivated in projecting an image of one's own compassion and beneficence, that one loses track of one's own charges and responsibilities.

To be aware of something very important and very serious that requires immediate action, but choose to do nothing.

A Paterno is unit of currency equal to 6 million US dollars. Paternos are typically paid in cases of covering up for child rape.

To turn a blind eye on unspeakable crimes.

v. to paterno: to watch something horrible happen then do nothing about it.

Paternoed (verb, usually past-tense) -- Slang. To poop, to defecate, to move bowels accidentally or in a situation in which it is least desired. To crap oneself, i.e. moving bowels when wearing a garmet. Named for the legendary Penn State head football coach who was forced to leave in the middle of a big game to use the facilities. He returned after halftime wearing different pants and later said only that he had 'flu-like symptoms.'

To be blamed for someone else's crime, even though you told someone about it.