3 ms·
Qwest simply refused NSA surveillance requests, and were rewarded with the cancellation of a government contract and having their CEO charged with securities fr
by nickff 13y ago
Qwest simply refused NSA surveillance requests, and were rewarded with the cancellation of a government contract and having their CEO charged with securities fraud.
http://en.wikipedia.org/wiki/Qwest#Refusal_of_NSA_surveillance_requests http://en.wikipedia.org/wiki/Qwest#Refusal_of_NSA_surveillan...
- jamesaguilar 13y agoIs there evidence that the securities fraud charges were actually caused by their refusal? Or were they caused by the fact that the guy said Qwest was doing well and sold ahead of a huge downturn in prices? As far as I can tell from Wikipedia, the charges would have stuck irrespective of the NSA stuff.
- wavefunction 13y agoThe downturn in the stock came after the government dismissed the contract. "Induced" insider trading by the government manipulating the stock to tank, then prosecuting in some people's opinions.
- 001sky 13y agoThe stock went for 40 to 2 and had nothing to do with the NSA.