Thursday, April 19, 2007

Nacchio Guilty!

Joseph P. Nacchio, the arrogant SOB who was CEO of Qwest Communications until his fall from grace, was convicted today by a Denver jury. He is guilty of 19 of the 42 counts of insider trading brought against him.

I have blogged about this criminal earlier, so I won't belabor it here. Just let it be said that finally, justice is being done. Along with Bernie Ebbers of WorldCom, and Jeff Skilling of Enron; Nacchio is now a convicted felon. He faces ten years on each count, as well as millions in fines and restitution.

Joe's constant mantra of "We have to make the numbers" will soon have a new number himself . . . the one on his prison uniform. I hope you find your cellmate attractive, Joe. You will be "buddies" for a long time. Oh yeah, one other thing. You might want to be careful picking up the soap in the shower! It couldn't happen to a more deserving crook.

No comments: