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Thread: Ex-Qwest CEO Nacchio gets 6 years in prison

  1. #1

    Ex-Qwest CEO Nacchio gets 6 years in prison

    http://deseretnews.com/dn/view/0,1249,695195484,00.html

    Former Qwest Communications chief executive Joe Nacchio was sentenced to six years in prison Friday for making $52 million in illegal stock sales while a multibillion-dollar accounting scandal brought the telecommunications company to the brink of bankruptcy.
    U.S. District Judge Edward Nottingham also ordered Nacchio to forfeit the $52 million within 15 days, imposed a maximum $19 million fine and ordered him to serve two years' probation after serving his sentence.



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  3. #2
    I like to see judges sticking it to the man.
    The man thong is wrong.

  4. #3
    He forgot the Rule number 1 (Exron guys didn't)

    Don't forget to have the big guys on your payroll too.
    Ouch my freaking ears....

    Don't understand my avatar? http://www.youtube.com/watch?v=AQzIg0CPW5Q

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    Carbon Footprint Donor JP's Avatar
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    Re: Ex-Qwest CEO Nacchio gets 6 years in prison



    Quote Originally Posted by Sombeech

  6. #5
    "Keep your corn hole tight"
    I wish my lawn was EMO so it would cut itself.

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