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Forums » Former Qwest CEO Nacchio Finally Heads To Jail
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Comments on news posted 2009-03-05 14:32:25: Nearly seven years after he resigned under a cloud of accusations, former Qwest CEO Joe Nacchio will soon be headed to prison to begin serving his six year sentence for insider trading and cooking the books. ..

page: 1 · 2
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dogo88

join:2001-09-24
Old Bridge, NJ
finally

Good news.

datwell1

join:2002-01-08
Falls Church, VA
Very Good News

Yes! Very good news indeed!


Rogue Wolf
Is Kind Of A Big Deal In Yemen

join:2003-08-12
Troy, NY
·RoadRunner Cable

The wheels of justice turn slowly...

...at least for those who have plenty of money and access to unscrupulous lawyers.

I'm willing to bet that if Average Joe Citizen committed that sort of crime, they'd be hauled from the courtroom right into the prison bus.
--
Attention. Attention, please. We have the funk. I repeat, we are in full possession of the funk.


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

said by Rogue Wolf See Profile :

...at least for those who have plenty of money and access to unscrupulous lawyers.

I'm willing to bet that if Average Joe Citizen committed that sort of crime, they'd be hauled from the courtroom right into the prison bus.
And I'd bet you are right.

But his lawyer is probably wrong on the USSC taking this appeal. Nacchio has had his last appeal in this case - I hope he enjoys prison.
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My BLOG .. .. Internet News .. .. My Web Page

dynodb
Premium,VIP
join:2004-04-21
Minneapolis, MN
About damned time

About damned time. Won't bring back the massive amounts of money lost by investors and employees he duped, but at least he won't be enjoying his ill-gotten spoils for a while.


ieolus
Support The Clecs

join:2001-06-19
Duluth, GA
white-collar, minimum-security resort

Do you know, they have conjugal visits there?
--
"Speak for yourself "Chadmaster" - lesopp

bamabrad

join:2006-01-27
Port Orange, FL
This place is probably like a Holiday Inn-Mighty rough on a fellow who is use to the Hilton Penthouse. I bet they don't even have fences and bars(on the windows)!


Karl Bode
News Guy
join:2000-03-02
No fences. Just white lines. They do have to wear uniforms and have a cell mate there, however.

witmer1
Premium
join:2002-09-23
Llewellyn, PA

Prison

Here's a Google Map of the prison. I live about 10 minutes from it. The prison is on top of a mountain, with Interstate 81 very close to it. There is an industrial park located nearby as well. The only thing to see up there is trees and fog. Lots and lots of fog. It didn't make Forbes' list of "Best Places to go to Prison".

»maps.google.com/maps?f=q&source=···t=h&z=16


Maynard G Krebs

@teksavvy.com

thumbs down from:
TKJunkMail See Profile

His problems began after Qwest refused illegal wiretaps


Is it merely a co-incidence that Nacchio's problems began shortly after Quest refused to implement Bush's illegal warrant-less wiretaps?

MeKuN

join:2004-07-21
Eugene, OR

Not enough

Its not really long enough. How many people would spend 6 yrs in a fed prison(resort) for a few 100 mil? Trade off is pretty good. I dont think many of us will make that kind of money in 6 years.

How will they ever get the fines from him he has no money left in his name.

bigjoesmith

join:2000-11-21
Peoria, IL
·Cable Onda


1 edit
reply to witmer1
Re: Prison

Here's a maps.live.com link to their bird's eye view of the place. (maps.live.com generally has better aerials of U.S. locations.)

You can see a fence around the main compound.

»maps.live.com/default.aspx?v=2&F···ncType=1

bamabrad

join:2006-01-27
Port Orange, FL
reply to Karl Bode
Re: white-collar, minimum-security resort

I hope his roommate is BIGGGG and ugly!

Pv8man

join:2008-07-24
Hammond, IN

reply to Maynard G Krebs
Re: His problems began after Qwest refused illegal wiretaps

ya, it sort of is a coincidence.
Sorry, I'm against the wiretaps, But that just sounds like nothing but a conspiracy theory to me.

If it were true, then why was HE the only one to get put through the justice system.

just my opinion, Nacchio's arrest had nothing to do with wiretaps, (or at least that I know of)

Pv8man

join:2008-07-24
Hammond, IN
reply to MeKuN
Re: Not enough

it's called a SWISS bank.

YES THAT'S RIGHT

"SWISS BANK ACCOUNTS, HELPING AND HIDING TAX DODGERS AND CORRUPTION MONEY SINCE 1934"


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

reply to Karl Bode
Re: white-collar, minimum-security resort

said by Karl Bode See Profile :

No fences. Just white lines. They do have to wear uniforms and have a cell mate there, however.
News items on the minimum security camp:
»www.rockymountainnews.com/news/2···-at-the/
»www.rockymountainnews.com/news/2···-glance/
--
My BLOG .. .. Internet News .. .. My Web Page

dynodb
Premium,VIP
join:2004-04-21
Minneapolis, MN

reply to MeKuN
Re: Not enough

said by MeKuN See Profile :

Its not really long enough. How many people would spend 6 yrs in a fed prison(resort) for a few 100 mil? Trade off is pretty good. I dont think many of us will make that kind of money in 6 years.

How will they ever get the fines from him he has no money left in his name.
True, but he's pushing 60 years old. Is any amount of money worth 6 years at that age?

Not that I feel sorry for him- quite the opposite.


no_one

@maricopa.edu
Philip Anschutz

Still did not get him.

Mr Matt

join:2008-01-29
Eustis, FL
·Comcast
·Embarq

reply to Pv8man
Re: His problems began after Qwest refused illegal wiretaps

Actually I do not think Nacchio's "persecution" as a prosecution was a coincidence. Consider what happened to Alabama Gov. Don Siegelman by Bushes dishonest prosecutors. and then there is the matter of New York Governor Eliot Spitzer a Democrat, persecution because of Republican snooping. Who cares who he is having a relationship with as long as he is doing his job.

All of the other telecommunication companies kissed King Bushes Butt and did whatever King Bush demanded even if it violated the Constitution. Hopefully Bush will be brought before the Hague Convention and be prosecuted for war crimes.


WiseOldNerd
De gustibus non est disputandum
Premium
join:2001-11-25
Phoenix, AZ
·Cox HSI
·Qwest.net
·Charter Pipeline

To Really End White Collar Crime

I bet if all federal white collar type criminals had to do at least one year at the Atlanta facility or the max unit in the Midwest we would see some reduction in crime. Going to camp is not really punishment enough for the arrogant a--holes who have been stealing from our companies and screwing the economy. Madoff ought to do about 10 years in the deepest, darkest, smallest isolation cell in the country.
--
My perception is REALITY
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