4 ms·
I'm sorry, but that's wishful thinking. https://www.youtube.com/watch?v=ojS4zGDc4JI https://www.youtube.com/watch?v=ojS4zGDc4JI - QWest http://www.wired.com/2
by insuffi 12y ago
I'm sorry, but that's wishful thinking.
https://www.youtube.com/watch?v=ojS4zGDc4JI https://www.youtube.com/watch?v=ojS4zGDc4JI - QWest
http://www.wired.com/2010/08/nsl-gag-order-lifted/ http://www.wired.com/2010/08/nsl-gag-order-lifted/
Does QWEST CEO going to jail for refusing to cooperate ring any bells?
- mike-cardwell 12y agoThis is what anonymous leaks are for
- psbp 12y agoWhy doesn't the hacker community lionize this guy as much as they do Snowden?
- jessaustin 12y agoSome possibilities: - He's an executive, not a hacker. - It's easy to believe a CEO is guilty of insider trading, because all CEOs are guilty of insider trading. (Few people take the next step to wonder why insider trading is a crime at all.) - He's actually in prison, which makes him less sympathetic. - He's a Bellhead, which makes him less sympathetic to me. (I've worked at multiple descendants of Ma Bell, so my prejudice was earned.) - The biggest thing, I think, is most of us imagine that if we just behave in socially-accepted ways, that's enough to keep us out of trouble. It's uncomfortable to consider the possibility that isn't true.
- cdr 12y agoIt helped that Nacchio was actually blatantly guilty of insider trading and all sorts of super shady behavior. It's unlikely his prosecution even had anything to do with the NSA, as much as he likes to tell that story. http://www.denverpost.com/business/ci_25488178/past-qwest-govt-chief-disputes-nacchios-claim-nsa http://www.denverpost.com/business/ci_25488178/past-qwest-go...
- Istof 12y agoThat might be true, but law enforcement agencies are trained to reconstruct evidence via a process called "parallel construction" to avoid revealing their sources (NSA for example) so you might never know the whole thruth: http://www.techdirt.com/articles/20140203/11143926078/parallel-construction-revealed-how-dea-is-trained-to-launder-classified-surveillance-info.shtml http://www.techdirt.com/articles/20140203/11143926078/parall...
- insuffi 12y agoI don't know if I would call it blatant guilt. The prosecution of insider trading in this case seemed to be very selective. How often do CEOs go to jail for that?
- joe_the_user 12y agoYour link isn't even an account of the trial or the details of the charges, it's just one guy disputing one version of the Nacchio story. The "fraud" involved an overly optimistic assessment of Qwest's future. That might indeed legally be fraud but it's hardly blatant in the sense one might argue it's a fairly common occurrence and most instances of such behavior go to civil, not criminal court. "In its case, the government stated that Nacchio continued to tell Wall Street that Qwest would be able to achieve aggressive revenue targets long after he knew that they could not be achieved. This helped it buy up regional phone rival US West, the government alleges." http://en.wikipedia.org/wiki/Joseph_Nacchio#Insider_trading.2C_fraud http://en.wikipedia.org/wiki/Joseph_Nacchio#Insider_trading....
- CamperBob2 12y agoInteresting, but if Nacchio's so shady and unethical, I wonder why he didn't just do the easy, obvious thing, and play ball with the NSA?
- healingplasma 12y agoIf politicians in DC can trade on inside information [1], I don't see what makes it such a crime. The amount of hypocrisy in this country is just mind boggling. It's teaching the public horrible lessons. It seems like anyone can break the law in very public fashion these days so long as they haven't angered the wrong people, nobody cares. It's selective enforcement of laws and often times the selective enforcement is unjustifiable. 1: https://www.youtube.com/watch?v=l3DZh1109W8 https://www.youtube.com/watch?v=l3DZh1109W8