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07-27-2007, 01:24 PM #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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07-27-2007 01:24 PM # ADS
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07-27-2007, 01:30 PM #2
I like to see judges sticking it to the man.
The man thong is wrong.
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07-27-2007, 03:09 PM #3
He forgot the Rule number 1 (Exron guys didn't)
Don't forget to have the big guys on your payroll too.
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07-27-2007, 04:44 PM #4
Re: Ex-Qwest CEO Nacchio gets 6 years in prison
Originally Posted by Sombeech
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07-27-2007, 05:23 PM #5
"Keep your corn hole tight"
I wish my lawn was EMO so it would cut itself.
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