Nacchio Gets Six Years, $71 Million In Forfeitures and Fine

They came for their symbolic pound of flesh, the people Joe Nacchio screwed. They filled a federal courtroom Friday. They craned their necks to see the Qwest executive who had fired some of them and had overseen a stock-price crash that cost others their life savings.

Some of them grinned at the prospect of the man who had ruined their lives getting sentenced for 19 counts of insider trading. Most simply stared at him. The lawyer for some retirees ... Full Story »

Posted by Mike Sheehan
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Subjects: U.S., Business
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Posted by: Posted by Mike Sheehan - Jul 27, 2007 - 10:48 PM PDT
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Edited by: Kaizar Campwala - Jul 28, 2007 - 8:48 AM PDT

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Kaizar Campwala
3.5
by Kaizar Campwala - Oct. 1, 2008

A good telling of the sentencing of a high-profile white-collar criminal.

See Full Review » (11 answers)
Mike Sheehan
4.0
by Mike Sheehan - Oct. 1, 2008
See Full Review » (1 answer)

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