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To: RetiredNow who wrote (67388)3/15/2005 7:21:05 PM
From: Amy J  Respond to of 77400
 
SEC Files Charges Against Ex-Qwest CEO

Tuesday March 15, 6:10 pm ET

By Sandy Shore, AP Business Writer

SEC Files Fraud Charges Against Qwest's Former CEO Joe Nacchio, Six Other Executives

DENVER (AP) -- The Securities and Exchange Commission charged former Qwest Communications CEO Joseph Nacchio and six other executives Tuesday with orchestrating a "massive financial fraud" at the telecommunications company that concealed the source of billions of dollars in revenue later wiped off the books.

biz.yahoo.com



To: RetiredNow who wrote (67388)3/16/2005 11:45:38 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 77400
 
under a different administration the costs of 911 would have been much less. How much did that "terror alert" mechanism cost the country do you think? I remember the state of california was forced to shut down a bunch of bridges one weekend, it was a complete mess. The cost of this kind of buffoonery is enormous, and we have the budget deficit to show for it.


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