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The Motley Fool
April 20, 2007
Tim Beyers |
Joe vs. the Jury After nearly four weeks of testimony and six days of jury deliberations, former Qwest CEO Joe Nacchio has been found guilty of insider trading.   |
The Motley Fool
March 23, 2007
Tim Beyers |
Joe Nacchio Is Guilty ... of Being a Moron The former Qwest CEO's poor management destroyed lives. Nacchio could have easily adjusted guidance so as to make the super-secret federal contracts a pleasant surprise for the Street if they ever came through. |
The Motley Fool
December 22, 2005
Tim Beyers |
Feds Play the Queen of Hearts Shareholders may finally get one of their most wanted. Former Qwest CEO Joe Nacchio, the subject of a three-year-long federal investigation, was indicted by a Denver grand jury on 42 counts of insider trading. |
The Motley Fool
June 6, 2005
Tim Beyers |
Say It Ain't So, Joe Things just don't look good for former Qwest CEO Joe Nacchio. Did Nacchio know Qwest's asset sales were being misclassified as he guided towards higher earnings? Investors, take note. |
InternetNews
April 20, 2007
Michael Hickins |
'Justice is Served' to Nacchio Did the former Qwest CEO miss an opportunity to save himself some jail time? |
BusinessWeek
December 18, 2006 |
Corporate Justice Recent decisions in cases involving Enron, Computer Associates and WorldCom. |
InternetNews
June 11, 2007 |
Qwest CEO to Exit Networking company Qwest Communications is on a quest for new senior management. Current CEO Richard Notebaert said he would step down from his roles as CEO and chairman upon selection of a successor. |
The Motley Fool
March 24, 2011
Tim Beyers |
Joe Nacchio, Qwest, and the Underpants Gnomes Many investors don't read financial filings and as a result fall victim to incompetent or unethical managers, often with devastating results. Nacchio was probably a little of both, and Qwest's shareholders have paid the price. |
The Motley Fool
February 19, 2004
Bill Mann |
Another Brick in the Enron Wall Prosecutors get their biggest prize to date: Enron executive Jeff Skilling. |
The Motley Fool
March 20, 2008
Tim Beyers |
Bear Stearns Isn't the Only One to Get a Bailout In a week marked by bailouts and turmoil in the markets, former Qwest CEO Joe Nacchio, convicted of insider trading 11 months ago yet free on bond ever since, has won his appeal. |
The Motley Fool
July 5, 2006
Bill Mann |
The Death of a Salesman How do you eulogize one of the most hated men in America? Ken Lay managed to destroy the wealth of tens of thousands of people and trigger much-needed reforms in how America regulates its public companies. |
The Motley Fool
October 27, 2010
Matthew Argersinger |
Bad Stocks Are All Around Us: Finding the Next Enron Does your portfolio contain the next Enron or Worldcom? Use these lessons to help unlock financial shenanigans. |
The Motley Fool
June 12, 2007
Tim Beyers |
Quick Take: Thanks, Dick Dick Notebaert did Denver, and Qwest investors, a great service. |
BusinessWeek
February 6, 2006
Jane Sasseen |
White-Collar Crime: Who Does Time? Corporate criminals are punished more harshly today than in the '80s, but hands-off executives may still face better odds. |
The Motley Fool
April 24, 2007
Tim Beyers |
Scrushy Escapes the SEC First, former HealthSouth CEO-cum-televangelist Richard Scrushy beat the rap. Then he beat the SEC. Letting him off the hook this easily sets back corporate governance at least as far as the conviction of Nacchio advanced it. |
The Motley Fool
November 22, 2005
Tim Beyers |
Joe Nacchio: CEO or Secret Agent? The telco trickster from Qwest's dot-com heyday tells the Feds he knew too much. There are two potential conclusions here, but neither scenario casts him in a favorable light, and neither approach made common stockholders much money. |
InternetNews
December 20, 2005
Susan Kuchinskas |
Former Qwest CEO Nacchio Indicted Former Qwest CEO Joseph Nacchio was indicted by a federal grand jury on Tuesday. He is charged with profiting by insider trading in the sale of more than $100 million of Qwest stock. |
The Motley Fool
March 3, 2004
Bill Mann |
WorldCom's Ebbers Surrenders WorldCom's CFO finally gives up the goods on the top man in an $11 billion fraud case. |
Salon.com
June 27, 2002
Andrew Leonard |
The gang that couldn't loot straight The fall of the '90s bubble's icons shows just why Americans would be crazy to trust their retirement money to the stock market. |
BusinessWeek
May 8, 2006
Lorraine Woellert |
The-Reporter-Did-It-Defense Ken Lay claims the press sped Enron's fall by scaring investors. Does he have a case? |
Salon.com
August 22, 2002
Arianna Huffington |
How to spend $67 billion What would you do with all the money squandered by corporate America? |
The Motley Fool
October 14, 2009
David Williamson |
The Daily Walk of Shame: Jeffrey Skilling Jeffrey Skilling, former president of Enron, was convicted on charges of fraud, conspiracy, and insider trading and forced to serve 292 months, a little over 24 years, in federal prison. What's he up to now? |
BusinessWeek
February 6, 2006
Anthony Bianco |
Ken Lay's Audacious Ignorance Even if one of America's worst ex-CEOs beats the rap - and he just might - history's verdict will be harsh. |
BusinessWeek
June 12, 2006
Maria Bartiromo |
The Ones Who Got Away If the Enron saga has a truth teller, it's Sherron Watkins, the whistleblowing executive who at least tried to do the right thing. Watkins hasn't been shy about speaking to the media or going on the lecture circuit. But her candor here may surprise you. |
BusinessWeek
July 4, 2005
Mike France |
Courtroom Strategies On Trial Recent high-profile verdicts have prosecutors and defense attorneys rewriting their playbooks. |
InternetNews
August 10, 2005
Tim Gray |
WorldCom Execs Face Sentencing Former execs learn how much time they will serve for their roles in the telecom's massive fraud. |
BusinessWeek
April 4, 2005
Michael J. Mandel |
A Few Bad Apples Spoil...Not Much Corporate scandals in the U.S. normally only impact a single company, and the U.S. regulatory system has been more than willing to deal with corporate excess and fraud. That's tough for other countries to match, especially those with entrenched elites controlling entire industries |
The Motley Fool
March 15, 2005
Seth Jayson |
Big Bummer for Bernie "I didn't do it," doesn't work for ex-WorldCom czar Bernie Ebbers. He could get up to 85 years. |
InternetNews
August 11, 2005
Tim Gray |
WorldCom Finance Boss Gets Five Years The government's key witness in the biggest fraud scandal in history is spared a long sentence. |
BusinessWeek
June 12, 2006
Mark Gimein |
The Skilling Trap Skilling and Lay sacrificed the spirit of the law for the letter. They're not alone. |
Job Journal
April 9, 2006
Michael Kinsman |
Career Pros: Enron Kept Reality at Bay When Enron's problems first surfaced, Lay and Skilling had an obligation to be candid with everyone around them. |
The Motley Fool
September 19, 2005
Seth Jayson |
Short the Ice Sculptors With Tyco's ex-CEO Dennis Kozlowski behind bars, the world may see less excess. But we all need to remember that plenty of ordinary shareholders paid the price -- quite literally -- for his greed. |
