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Joseph Nacchio

297 点作者 teawithcarl将近 12 年前

11 条评论

zainny将近 12 年前
Some context, taken from the other story currently on the front page [1]:<p>&quot;We know what happened in the case of QWest before 9&#x2F;11. They contacted the CEO&#x2F;Chairman asking to wiretap all the customers. After he consulted with Legal, he refused. As a result, NSA canceled a bunch of unrelated billion dollar contracts that QWest was the top bidder for. And then the DoJ targeted him and prosecuted him and put him in prison for insider trading -- on the theory that he knew of anticipated income from secret programs that QWest was planning for the government, while the public didn&#x27;t because it was classified and he couldn&#x27;t legally tell them, and then he bought or sold QWest stock knowing those things.<p>This CEO&#x27;s name is Joseph P. Nacchio and TODAY he&#x27;s still serving a trumped-up 6-year federal prison sentence today for quietly refusing an NSA demand to massively wiretap his customers.&quot;<p>[1] <a href="https:&#x2F;&#x2F;mailman.stanford.edu&#x2F;pipermail&#x2F;liberationtech&#x2F;2013-June&#x2F;008815.html" rel="nofollow">https:&#x2F;&#x2F;mailman.stanford.edu&#x2F;pipermail&#x2F;liberationtech&#x2F;2013-J...</a>
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shiftpgdn将近 12 年前
To all the people claiming this was solely as a result of insider trading: Have you ever dealt with the government in any capacity? Especially any of the 3 letter agencies?<p>They will lean on you and they will absolutely try to ruin your life because you inconvenienced them. Did you know lying to an FBI agent is a federal offense[1]? Did you know it&#x27;s status quo to try to trick people they&#x27;re interviewing into presenting a lie or obscuring the facts? They do this so they can present you with the option of either A. Doing everything they demand or B. Become a felon and face time in prison with rapists and murderers.<p>I can absolutely guarantee Nacchio went to prison over not helping the NSA.<p>[1]<a href="http:&#x2F;&#x2F;www.fbi.gov&#x2F;stlouis&#x2F;press-releases&#x2F;2010&#x2F;sl101210.htm" rel="nofollow">http:&#x2F;&#x2F;www.fbi.gov&#x2F;stlouis&#x2F;press-releases&#x2F;2010&#x2F;sl101210.htm</a>
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tptacek将近 12 年前
It&#x27;s a short indictment. Nacchio was convicted along with several other Qwest execs.<p><a href="http:&#x2F;&#x2F;extras.mnginteractive.com&#x2F;live&#x2F;media&#x2F;site36&#x2F;2007&#x2F;0307&#x2F;20070307_030947_nacchio_indictment.pdf" rel="nofollow">http:&#x2F;&#x2F;extras.mnginteractive.com&#x2F;live&#x2F;media&#x2F;site36&#x2F;2007&#x2F;0307...</a><p>Obviously, the indictment has nothing to do with wiretaps, and concerns itself instead with the millions of dollars Nacchio made selling his stock while demonstrably in possession of material nonpublic information.<p>But of course, it&#x27;s hard disprove a negative, so the idea that this conviction alone among hundreds of similar convictions across corporate America at the time is in fact retaliation... well, it&#x27;ll never die.
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jnbiche将近 12 年前
It&#x27;s really strange to read the pro-government people here and elsewhere claim on one hand that Snowden was incredibly naive to be surprised that the CIA railroaded foreign bankers into informing by manipulating the legal system, and then turn around and claim that any talk of the NSA &quot;arranging&quot; Nacchio&#x27;s sentencing is some kind of conspiracy theory. The logical discord is hard to understand.<p>I&#x27;m not convinced Nacchio was railroaded (I don&#x27;t know enough about it yet), but it&#x27;s definitely the modus operandi of powerhouse intelligence services around the world. So it&#x27;s entirely possible Nacchio was set up, or at the least, that the some member of the US intelligence community was behind the prosecution.
blhack将近 12 年前
If you read the entire article, this seems to be the timeline:<p>1) He is tried for insider trading, and convicted.<p>2) He appeals this because the trial excluded a key witness that supported his innocence .<p>3) He WINS this appeal, and is granted another trial.<p>4) He is tried again, this time not in front of a jury. The circuit court of appeals, where this is tried (stressing: without a jury this time) convicts him 5-4.<p>This isn&#x27;t nearly as clear cut as some of the people in this thread are making it, and it does arouse some suspicion.
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peterjancelis将近 12 年前
Context: <a href="https:&#x2F;&#x2F;mailman.stanford.edu&#x2F;pipermail&#x2F;liberationtech&#x2F;2013-June&#x2F;008815.html" rel="nofollow">https:&#x2F;&#x2F;mailman.stanford.edu&#x2F;pipermail&#x2F;liberationtech&#x2F;2013-J...</a><p>The article argues the &#x27;insider trading&#x27; charge was related to the gag order.
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ccarter84将近 12 年前
It&#x27;s amazing how often government seems to act like a vengeful ex.
jongraehl将近 12 年前
Neither of the two sides here (CEO, usgov) can fairly expect the benefit of the doubt. I welcome any expert legal analysis of his alleged crimes, but otherwise can&#x27;t be bothered except to say there&#x27;s a good chance his claims of retaliation are true.<p>Let&#x27;s keep in mind that congresspeople <i>legally</i> commit insider trading all the time, and surely many of their DC friends and allies do so illegally, but without punishment. Or, let&#x27;s remember how successful former public servants are at earning a big salary on the basis of their connections+access (at best) or as reward for their corruption (at worst).
downandout将近 12 年前
At least he is now in a halfway house and is due for release in September. Given that few in the US care about their rights, I guess that people who stand up for them should be grateful when they don&#x27;t get locked up permanently.<p><a href="http:&#x2F;&#x2F;www.denverpost.com&#x2F;breakingnews&#x2F;ci_22918125&#x2F;former-qwest-ceo-joe-nacchio-moved-halfway-house" rel="nofollow">http:&#x2F;&#x2F;www.denverpost.com&#x2F;breakingnews&#x2F;ci_22918125&#x2F;former-qw...</a>
nkohari将近 12 年前
...for insider trading. What ridiculous link bait.
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jsonne将近 12 年前
Very misleading. The article says he&#x27;s in prison for insider trading.
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