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geek tragedy

(68,868 posts)
54. I'm saying people should go to jail for securities fraud.
Tue Oct 1, 2013, 07:04 AM
Oct 2013

Others who are ill-informed apparently disagree.

Wow, really sad Tumbulu Oct 2013 #1
While I am impressed by his integrity, I am disapointed no other CEO followed his lead. marble falls Oct 2013 #2
They were probably blackmailed into it. nt bananas Oct 2013 #4
He was a 1%er who was found guilty of insider trading. No integrity. nt msanthrope Oct 2013 #83
Of course it was retaliation - they had to make an example of him to scare the others. nt bananas Oct 2013 #3
Cue the apologist brigade here to explain how he "deserved" jail time... villager Oct 2013 #5
Because he committed securities fraud. You apparently think 1%ers should get away with geek tragedy Oct 2013 #7
Look, fella - James Clapper outright lied to congress. delrem Oct 2013 #50
I'm saying people should go to jail for securities fraud. geek tragedy Oct 2013 #54
Other opinions are well-enough informed to impugn your motivation on this issue. GliderGuider Oct 2013 #56
Nope, people supporting this fraudster are flat out wrong. nt geek tragedy Oct 2013 #57
Provide references, please. GliderGuider Oct 2013 #58
Sure, the jury verdict carries much more weight than Internet geek tragedy Oct 2013 #59
What about the possibility that it was a wrongful conviction? GliderGuider Oct 2013 #63
People who claim the verdict is bogus have no credibility unless they review the key documentary geek tragedy Oct 2013 #64
Have you reviewed the evidence? GliderGuider Oct 2013 #68
Here's the related SEC complaint for a primer: geek tragedy Oct 2013 #69
I guess there's no point continuing the discussion. GliderGuider Oct 2013 #78
Let me rephrase: he will remain convicted because he was guilty nt geek tragedy Oct 2013 #81
He will remain convicted unless new evidence comes forward. GliderGuider Oct 2013 #82
One wonders if that sentiment is applied consistently, and was given to Ken Lay in 2003. LanternWaste Oct 2013 #65
Well, I try to assume that every conviction has a non-0 probability of being wrongful. GliderGuider Oct 2013 #67
You don't think the government trumped up a case against Nacchio? Octafish Oct 2013 #70
Qwest was part of the fraud ring with Enron and Global Crossing. geek tragedy Oct 2013 #72
So, is Don Siegelman a crook in your eyes, too? Octafish Oct 2013 #73
Are Bernie Ebbers and Jeff Skilling innocent in yours? nt geek tragedy Oct 2013 #74
No. They're crooks. My point is the government railroads its enemies. Octafish Oct 2013 #75
There's no reason to think he was targeted any more than Skilling and Lay were. geek tragedy Oct 2013 #77
So, nothing to say about Nacchio's trial? Octafish Oct 2013 #86
The trial showed he lied his ass off repeatedly to investors while selling his own geek tragedy Oct 2013 #87
You must've missed the part where the Gov refused Nacchio's defense even mentioning NSA... Octafish Oct 2013 #88
His defense was he thought the company would score some government contracts. geek tragedy Oct 2013 #92
No, I assume traitors would go to any lengths to carry on treason. Octafish Oct 2013 #94
Well, opposing Bush on the NSA in February 2001 doesn't give him a free pass on breaking the law nt geek tragedy Oct 2013 #98
I've given you two chances to answer my earlier question, so I'll ask once more... Indi Guy Oct 2013 #90
For individuals, they should be held accountable under existing criminal and civil laws. geek tragedy Oct 2013 #93
So the government is totally unaccountable for its actions???... Indi Guy Oct 2013 #95
Sovereign immunity. A concept older than the United States itself. geek tragedy Oct 2013 #97
(right on cue) n/t Indi Guy Oct 2013 #9
Knowing the facts makes us informed, not apologists. geek tragedy Oct 2013 #11
Can't be part of the brigade, otherwise. "His narrative matches with the warrantless surveillance villager Oct 2013 #13
His own executives told him his numbers were false. He then went out geek tragedy Oct 2013 #17
Nacchio also thought they'd get the same government contracts they'd gotten before. Plus, why *this* villager Oct 2013 #19
They had evidence of willful fraud on his part. geek tragedy Oct 2013 #22
You mean the stuff the judge wouldn't allow brought to trial, so that actual jurors, and not villager Oct 2013 #24
He lied about what the company's sales projections were. Flat out lied. geek tragedy Oct 2013 #28
If you knew dick squat about business.. sendero Oct 2013 #49
Actually, I'm a plaintiffs class action lawyer. geek tragedy Oct 2013 #53
You just made his/her point NCagainstMcCrony Oct 2013 #79
and they didn't have evidence cosmicone Oct 2013 #27
The only one that comes close out of those is Countrywide. geek tragedy Oct 2013 #29
Yes, interesting indeed that of all those crooks, he was the only one who warranted prosecution villager Oct 2013 #30
Except for all the others who got prosecuted at the same time like Skilling, Lay, geek tragedy Oct 2013 #35
"All" the others. Yeah, just scads of 'em. villager Oct 2013 #36
He's a crook who's trying to hide behind the NSA story. geek tragedy Oct 2013 #6
Are you speaking of the CEO or the NSA? Indi Guy Oct 2013 #8
The CEO. Paid himself $500 million while running the company into the ground and lying geek tragedy Oct 2013 #10
Even if your accusations are valid (which I'm not agreeing to), you haven't answered my question... Indi Guy Oct 2013 #39
Heh NCagainstMcCrony Oct 2013 #40
Interesting that, given his verbosity here, geek tragedy still hasn't answered my question. Indi Guy Oct 2013 #62
Heh NCagainstMcCrony Oct 2013 #80
He did not lie. cosmicone Oct 2013 #15
Those are not facts, those are claims he made that a jury rejected. geek tragedy Oct 2013 #16
Of course, jurors weren't allowed access to information that judge deemed "classified," so they villager Oct 2013 #20
Those contracts were never granted, and he never even tried to prove they were. geek tragedy Oct 2013 #23
"Only I, geek tragedy, have the facts." villager Oct 2013 #31
The jury had the facts, and threw his crooked ass in jail. geek tragedy Oct 2013 #33
K&R DeSwiss Oct 2013 #12
Could be. Or it could be that Nacchio thought he could use the illegal activities of the Bush struggle4progress Oct 2013 #14
Amazingly enough, some of the same people who complain about a lack of geek tragedy Oct 2013 #18
Odd that one of the only presumed crooks to get prosecuted was the one who stood up to the NSA? villager Oct 2013 #21
Enron and Global Crossing got prosecuted. nt geek tragedy Oct 2013 #25
Care to list those who weren't prosecuted? A much much longer list, I assure you. villager Oct 2013 #26
Sure, those who were arrogant and reckless enough to leave a paper trail of geek tragedy Oct 2013 #32
So you, geek tragedy, can confidently dismiss all the other observers quoted in the OP's article villager Oct 2013 #38
The NSA and this guy's guilt are separate issues. geek tragedy Oct 2013 #55
Guilty until proven innocent? treestar Oct 2013 #61
Do you think Nacchio was the only person indicted in 2005 for insider trading? struggle4progress Oct 2013 #37
Post hoc ergo prompter hoc? nt LanternWaste Oct 2013 #66
It is somewhat curious that Nacchio seems not to have mentioned the NSA matter struggle4progress Oct 2013 #34
HA! NCagainstMcCrony Oct 2013 #41
He didn't see fit to make it an issue until he thought he could use it for his defense struggle4progress Oct 2013 #43
I feel like I woke up in Potterville truedelphi Oct 2013 #46
The key 3 words: "...six months before...". Besides all else that reeks in this story, silvershadow Oct 2013 #42
Exactly some of the questions to be asked, and the connections to be made. villager Oct 2013 #76
K & R AzDar Oct 2013 #44
True courage and a true patriot. colorado_ufo Oct 2013 #45
He stole 500 million from shareholders. He's a convicted criminal. nt msanthrope Oct 2013 #84
I worked at US West and then Qwest dorktv Oct 2013 #47
I remember Qwest stock being down in the 20 cent range davidpdx Oct 2013 #51
Yay! Dr Hobbitstein Oct 2013 #48
I wrote about Joseph Nacchio six years ago. OnyxCollie Oct 2013 #52
! Octafish Oct 2013 #71
Well done. Indi Guy Oct 2013 #101
A convicted 1% felon who stole Progressive dog Oct 2013 #60
2007 letter from Conyers to McConnell & Wainstein re: Qwest OnyxCollie Oct 2013 #85
''Former Phone Chief Says Spy Agency Sought Surveillance Help Before 9/11'' Octafish Oct 2013 #91
Former Phone Chief Says Spy Agency Sought Surveillance Help Before 9/11 OnyxCollie Oct 2013 #89
Gosh. Why would the BFEE want to spy on We the People before 9-11? Octafish Oct 2013 #99
Edward Nottingham, the judge who convicted Nacchio OnyxCollie Oct 2013 #96
K & R !!! WillyT Oct 2013 #100
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