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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 97.25+4.4%Jan 16 9:30 AM EST
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From: Elmer Flugum7/27/2007 2:07:16 PM
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Ex-Qwest CEO Nacchio gets six years in prison

Fri Jul 27, 2007 2:02PM EDT

DENVER, July 27 (Reuters) - Joseph Nacchio, the former chief executive of Qwest Communications International Inc. (Q.N: Quote, Profile, Research), was sentenced on Friday to six years in prison, fined $19 million, and ordered to forfeit another $52 million he made on illegal stock sales after being convicted of insider trading.

Amen.
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