Joseph Nacchio

The ex-CEO of Qwest Communications International Inc., Joseph Nacchio was fired from his post after the discovery of $2.5B in improperly booked revenue. After his court of appeals hearing, Nacchio's 19 counts of insider trading were confirmed. This means that he will likely begin his jail time. His attorney said that they will try again with the Supreme Court. The full WSJ.com article can be read here.

February 26, 2009 In: People Comments (None)