Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Octafish

(55,745 posts)
7. The only one to go to jail was the whistleblower.
Tue May 12, 2015, 03:58 PM
May 2015

Oh, yah. That was QWEST.



Only One Big Telecom CEO Refused To Cave To The NSA ... And He's Been In Jail For 4 Years

MICHAEL KELLEY JUN. 12, 2013, 2:44 PM
BusinessInsider.com

Former Qwest CEO Joseph Nacchio is currently serving a six-year sentence after being convicted of insider trading in April 2007 for selling $52 million of stock in the spring of 2001 as the telecommunications carrier appeared to be deteriorating.

During the trial his defense team argued that Nacchio, 63, believed Qwest was about to win secret government contracts that would keep it in the black.

Nacchio alleged that the government stopped offering the company lucrative contracts after Qwest refused to cooperate with a National Security Agency surveillance program in February 2001.

That claim gains new relevance these days, amid leaks by whistleblower Edward Snowden that allege widespread domestic surveillance by the NSA.

Back in 2006 Leslie Cauley of USA Today, citing multiple people with direct knowledge of the arrangement, reported that shortly after the Sept. 11 terrorist attacks America's three largest telecoms signed contracts to provide the NSA with detailed call records from hundreds of millions of people across the country.

CONTINUED at a buggy POS website...

http://www.businessinsider.com/the-story-of-joseph-nacchio-and-the-nsa-2013-6



Next time there's a peace on, maybe, then. Until then, we're free to pay for the wars, too.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Verizon, Sprint to pay $1...»Reply #7