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struggle4progress

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34. It is somewhat curious that Nacchio seems not to have mentioned the NSA matter

Tue Oct 1, 2013, 02:18 AM

Oct 2013

until after the illegal spying story broke in 2006: Nacchio was indicted several months earlier, and not long before he was indicted the WSJ had been painting a rosy picture of Qwest's government contracts

I currently have no reason to doubt that Qwest properly refused to cooperate with illegal requests from the NSA. And it seems to me, of course, quite likely that Qwest lost NSA contracts if it refused to cooperate with NSA requests, no matter how illegal. But the complaint against Nacchio et al originated with the SEC, and it might also be natural to expect somebody at the SEC to complain if external pressure were improperly applied to the SEC for a complaint against Qwest executives for nonstandard reasons

Nacchio appears to have been properly convicted of insider trading

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A CEO who resisted NSA spying is out of prison. And he feels ‘vindicated’ by Snowden leaks... [View all] Indi Guy Oct 2013 OP

Wow, really sad Tumbulu Oct 2013 #1

While I am impressed by his integrity, I am disapointed no other CEO followed his lead. marble falls Oct 2013 #2

They were probably blackmailed into it. nt bananas Oct 2013 #4

He was a 1%er who was found guilty of insider trading. No integrity. nt msanthrope Oct 2013 #83

Of course it was retaliation - they had to make an example of him to scare the others. nt bananas Oct 2013 #3

Cue the apologist brigade here to explain how he "deserved" jail time... villager Oct 2013 #5

Because he committed securities fraud. You apparently think 1%ers should get away with geek tragedy Oct 2013 #7

Look, fella - James Clapper outright lied to congress. delrem Oct 2013 #50

I'm saying people should go to jail for securities fraud. geek tragedy Oct 2013 #54

Other opinions are well-enough informed to impugn your motivation on this issue. GliderGuider Oct 2013 #56

Nope, people supporting this fraudster are flat out wrong. nt geek tragedy Oct 2013 #57

Provide references, please. GliderGuider Oct 2013 #58

Sure, the jury verdict carries much more weight than Internet geek tragedy Oct 2013 #59

What about the possibility that it was a wrongful conviction? GliderGuider Oct 2013 #63

People who claim the verdict is bogus have no credibility unless they review the key documentary geek tragedy Oct 2013 #64

Have you reviewed the evidence? GliderGuider Oct 2013 #68

Here's the related SEC complaint for a primer: geek tragedy Oct 2013 #69

I guess there's no point continuing the discussion. GliderGuider Oct 2013 #78

Let me rephrase: he will remain convicted because he was guilty nt geek tragedy Oct 2013 #81

He will remain convicted unless new evidence comes forward. GliderGuider Oct 2013 #82

One wonders if that sentiment is applied consistently, and was given to Ken Lay in 2003. LanternWaste Oct 2013 #65

Well, I try to assume that every conviction has a non-0 probability of being wrongful. GliderGuider Oct 2013 #67

You don't think the government trumped up a case against Nacchio? Octafish Oct 2013 #70

Qwest was part of the fraud ring with Enron and Global Crossing. geek tragedy Oct 2013 #72

So, is Don Siegelman a crook in your eyes, too? Octafish Oct 2013 #73

Are Bernie Ebbers and Jeff Skilling innocent in yours? nt geek tragedy Oct 2013 #74

No. They're crooks. My point is the government railroads its enemies. Octafish Oct 2013 #75

There's no reason to think he was targeted any more than Skilling and Lay were. geek tragedy Oct 2013 #77

So, nothing to say about Nacchio's trial? Octafish Oct 2013 #86

The trial showed he lied his ass off repeatedly to investors while selling his own geek tragedy Oct 2013 #87

You must've missed the part where the Gov refused Nacchio's defense even mentioning NSA... Octafish Oct 2013 #88

His defense was he thought the company would score some government contracts. geek tragedy Oct 2013 #92

No, I assume traitors would go to any lengths to carry on treason. Octafish Oct 2013 #94

Well, opposing Bush on the NSA in February 2001 doesn't give him a free pass on breaking the law nt geek tragedy Oct 2013 #98

I've given you two chances to answer my earlier question, so I'll ask once more... Indi Guy Oct 2013 #90

For individuals, they should be held accountable under existing criminal and civil laws. geek tragedy Oct 2013 #93

So the government is totally unaccountable for its actions???... Indi Guy Oct 2013 #95

Sovereign immunity. A concept older than the United States itself. geek tragedy Oct 2013 #97

(right on cue) n/t Indi Guy Oct 2013 #9

Knowing the facts makes us informed, not apologists. geek tragedy Oct 2013 #11

Can't be part of the brigade, otherwise. "His narrative matches with the warrantless surveillance villager Oct 2013 #13

His own executives told him his numbers were false. He then went out geek tragedy Oct 2013 #17

Nacchio also thought they'd get the same government contracts they'd gotten before. Plus, why *this* villager Oct 2013 #19

They had evidence of willful fraud on his part. geek tragedy Oct 2013 #22

You mean the stuff the judge wouldn't allow brought to trial, so that actual jurors, and not villager Oct 2013 #24

He lied about what the company's sales projections were. Flat out lied. geek tragedy Oct 2013 #28

If you knew dick squat about business.. sendero Oct 2013 #49

Actually, I'm a plaintiffs class action lawyer. geek tragedy Oct 2013 #53

You just made his/her point NCagainstMcCrony Oct 2013 #79

and they didn't have evidence cosmicone Oct 2013 #27

The only one that comes close out of those is Countrywide. geek tragedy Oct 2013 #29

Yes, interesting indeed that of all those crooks, he was the only one who warranted prosecution villager Oct 2013 #30

Except for all the others who got prosecuted at the same time like Skilling, Lay, geek tragedy Oct 2013 #35

"All" the others. Yeah, just scads of 'em. villager Oct 2013 #36

He's a crook who's trying to hide behind the NSA story. geek tragedy Oct 2013 #6

Are you speaking of the CEO or the NSA? Indi Guy Oct 2013 #8

The CEO. Paid himself $500 million while running the company into the ground and lying geek tragedy Oct 2013 #10

Even if your accusations are valid (which I'm not agreeing to), you haven't answered my question... Indi Guy Oct 2013 #39

Heh NCagainstMcCrony Oct 2013 #40

Interesting that, given his verbosity here, geek tragedy still hasn't answered my question. Indi Guy Oct 2013 #62

Heh NCagainstMcCrony Oct 2013 #80

He did not lie. cosmicone Oct 2013 #15

Those are not facts, those are claims he made that a jury rejected. geek tragedy Oct 2013 #16

Of course, jurors weren't allowed access to information that judge deemed "classified," so they villager Oct 2013 #20

Those contracts were never granted, and he never even tried to prove they were. geek tragedy Oct 2013 #23

"Only I, geek tragedy, have the facts." villager Oct 2013 #31

The jury had the facts, and threw his crooked ass in jail. geek tragedy Oct 2013 #33

K&R DeSwiss Oct 2013 #12

Could be. Or it could be that Nacchio thought he could use the illegal activities of the Bush struggle4progress Oct 2013 #14

Amazingly enough, some of the same people who complain about a lack of geek tragedy Oct 2013 #18

Odd that one of the only presumed crooks to get prosecuted was the one who stood up to the NSA? villager Oct 2013 #21

Enron and Global Crossing got prosecuted. nt geek tragedy Oct 2013 #25

Care to list those who weren't prosecuted? A much much longer list, I assure you. villager Oct 2013 #26

Sure, those who were arrogant and reckless enough to leave a paper trail of geek tragedy Oct 2013 #32

So you, geek tragedy, can confidently dismiss all the other observers quoted in the OP's article villager Oct 2013 #38

The NSA and this guy's guilt are separate issues. geek tragedy Oct 2013 #55

Guilty until proven innocent? treestar Oct 2013 #61

Do you think Nacchio was the only person indicted in 2005 for insider trading? struggle4progress Oct 2013 #37

Post hoc ergo prompter hoc? nt LanternWaste Oct 2013 #66

It is somewhat curious that Nacchio seems not to have mentioned the NSA matter struggle4progress Oct 2013 #34

HA! NCagainstMcCrony Oct 2013 #41

He didn't see fit to make it an issue until he thought he could use it for his defense struggle4progress Oct 2013 #43

I feel like I woke up in Potterville truedelphi Oct 2013 #46

The key 3 words: "...six months before...". Besides all else that reeks in this story, silvershadow Oct 2013 #42

Exactly some of the questions to be asked, and the connections to be made. villager Oct 2013 #76

K & R AzDar Oct 2013 #44

True courage and a true patriot. colorado_ufo Oct 2013 #45

He stole 500 million from shareholders. He's a convicted criminal. nt msanthrope Oct 2013 #84

I worked at US West and then Qwest dorktv Oct 2013 #47

I remember Qwest stock being down in the 20 cent range davidpdx Oct 2013 #51

Yay! Dr Hobbitstein Oct 2013 #48

I wrote about Joseph Nacchio six years ago. OnyxCollie Oct 2013 #52

! Octafish Oct 2013 #71

Well done. Indi Guy Oct 2013 #101

A convicted 1% felon who stole Progressive dog Oct 2013 #60

2007 letter from Conyers to McConnell & Wainstein re: Qwest OnyxCollie Oct 2013 #85

''Former Phone Chief Says Spy Agency Sought Surveillance Help Before 9/11'' Octafish Oct 2013 #91

Former Phone Chief Says Spy Agency Sought Surveillance Help Before 9/11 OnyxCollie Oct 2013 #89

Gosh. Why would the BFEE want to spy on We the People before 9-11? Octafish Oct 2013 #99

Edward Nottingham, the judge who convicted Nacchio OnyxCollie Oct 2013 #96

K & R !!! WillyT Oct 2013 #100