4 ms·
OK, fair enough. But, uh, he is guilty of insider trading right?
by eli 12y ago
OK, fair enough. But, uh, he is guilty of insider trading right?
- dmix 12y agoYes he was on 19 counts. But to the OP's point he is also notable for this: > Joseph P. Nacchio was the only head of a communications company to demand a court order, or approval under the Foreign Intelligence Surveillance Act, in order to turn over communications records to the NSA. His conviction doesn't disprove he lost government contracts for fighting back against the NSA, only that he attempted to financially benefit from his unique knowledge of it. As even tptacek admits, it's a very plausible complaint. And one now effectively derailed.
- tptacek 12y agoI do not think the complaint is plausible. I think that even if you stipulate that it is, the case is strong on its own merits. There's a difference between stipulating a point and conceding it.
- fnordfnordfnord 12y agoThat was the court's finding.