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Former Qwest CEO Nacchio Finally Heads To Jail
Six years at minimum security facility in Pennsylvania
by Karl Bode 02:32PM Thursday Mar 05 2009 Tipped by dbmaven See Profile
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. As of March 23, Nacchio's new home will be the minimum security Schuylkill Federal Correctional Institution in Pennsylvania. The former CEO was found guilty a year ago in Denver, but has delayed the prison sentence through a series of appeals. Nacchio attorney Maureen Mahoney has repeatedly stated she's "optimistic" the U.S. Supreme Court will review the case

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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
Mourns the Loss of lilhurricane

join:2003-08-12
Troy, NY

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.
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FFH
Premium
join:2002-03-03
Tavistock NJ
kudos:5

Re: The wheels of justice turn slowly...

said by Rogue Wolf:

...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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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.

john Qwest

join:2002-05-24
Fishkill, NY

Re: About damned time

They should have Joey, placed in a real jail such, as a supermax prison with Bubba.
Then I will feel vindicated, for all the heart ache that it's worth.
This guy was the king of phone company slammers. He is finally getting slammed.

ieolus
Support The Clecs

join:2001-06-19
Duluth, GA

white-collar, minimum-security resort

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

join:2006-01-27
Port Orange, FL

Re: white-collar, minimum-security resort

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
kudos:39

Re: white-collar, minimum-security resort

No fences. Just white lines. They do have to wear uniforms and have a cell mate there, however.
bamabrad

join:2006-01-27
Port Orange, FL

Re: white-collar, minimum-security resort

I hope his roommate is BIGGGG and ugly!

FFH
Premium
join:2002-03-03
Tavistock NJ
kudos:5
said by Karl Bode:

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/
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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
bigjoesmith

join:2000-11-21
Peoria, IL

1 edit

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
johnsisland
Premium
join:2005-02-27
Yakima, WA

Re: Prison

I doubt he is staying at the main compound, the one with a fence.

After reading the BOP's web site, I think the minimum security facility is west of the medium security facility. I can't see any fence around the west facility. Lot's of green grass surounded by a forest.

I wonder if he will have to serve six years, or if he can knock it down for good time?

Jeff

Maynard G Krebs

@teksavvy.com

-1 recommendation

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?
Pv8man

join:2008-07-24
Hammond, IN

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)
Mr Matt

join:2008-01-29
Eustis, FL
kudos:1
Reviews:
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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.
MeKuN

join:2004-07-21
Eugene, OR

Re: His problems began after Qwest refused illegal wiretaps

Thx for the LOL, your funny.
viperlmw
Premium
join:2005-01-25
said by Mr Matt:

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.
I agree with everything here. I would just add that Joe could have gotten off if he hadn't lied about his company while selling stock, and at the same time preventing employees from selling theirs.
cyclone_z

join:2006-06-19
Ames, IA
said by Pv8man:

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)
We're talking about an administration that looked the other way at white collar crime, that let Kenny Boy and Enron go crazy back in 2001 (they refused to step in and help California), and here's a prosecution for insider trading. If it was a coincedence it would be very out of character for them.

It's just as much a coincidence as Bush's DOJ firing ONLY SPECIFIC attorneys who wouldn't launch frivolous cases against (D) politicians at the request of Karl Rove.

It's a coincidence just like how "The" Dick (Cheney) went on Meet The Press and others like Rumsfeld went on other Sunday morning talk shows... the same day as the false aluminum tubes story about Iraq was printed in the New York Times. They then referred to the story (that they themselves had "leaked") to back up their (now proven) false claims of an Iraq nuclear program.

I'm not even saying that Nacchio isn't guilty -- I haven't seen the case; I don't know. But I highly doubt that the prosecution was motivated by a Bush admin desire to crack down on white collar crime because they loved white collar crime.

We're talking about what is demonstrably one of the most vindictive administrations in U.S. history and you think the prosecution of someone who wouldn't participate in their Journalist Surveillance Program is just a coincidence? Can I interest you in an Amway business opportunity??
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.
Pv8man

join:2008-07-24
Hammond, IN

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"
dynodb
Premium,VIP
join:2004-04-21
Minneapolis, MN
said by MeKuN:

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.

WiseOldBear
De gustibus non est disputandum
Premium
join:2001-11-25
Phoenix, AZ
Reviews:
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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.
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My perception is REALITY

Fatman

@rogers.com

Re: To Really End White Collar Crime

10 years for Madoff what!?! For living in a country with capital punishment 10 years is a cakewalk! Wouldn't you really rather see the son-of-a-bitch strapped to a gurney and dispatched to the hereafter with a triple shot of REAL painkiller? Cretins such as this don't deserve to breathe the air the rest of us do.
freezerburn0

join:2002-01-20
Duluth, MN

Joe goes to prison

I believe that Joe's contract with Qwest included paying for any legal fees if he became personally involved in any legal dispute unless he was found guilty of any wrongdoing and then he would have to pay Qwest back all legal fees that he incurred.

TomClancy
Freedom Isn't Free

join:2003-04-23
...

hahahah....

Awesome, not far away where I live...
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Freedom isn't free!