To be clear, 8 conference games in a row, for a month. Which is still eight games, but it essentially torpedoes your SEC hopes, which can screw your Dance Chance.
And, while it is still 8 games, it was a penalty that was
in addition to the 1.5 million salary reduction, and the ban on away recruiting until September of 2011.
Which is all to say, "only 8 games" sounds a little lighter than "eight conference games and 1.5 million and recruiting restrictions limiting your ability to travel to out of town recruits until September of 2011.* "
Carry on.
That faint defense was of the SEC, not Pearl. And as to why he was not fired, you need to look at the contract and the grounds for termination - and the pay out if not "for cause". This has less to do with UT's moral outrage to Bruce's improper get together and lying about it than their response to contractual obligations.
(*That recruiting thing is key, as Pearl is known as a better recruiter than strategist.)