Joe Nacchio found guilty on 18 counts

[El Supremo]

Source: Rocky Mountain News

4:40 p.m. Joe Nacchio found guilty on 18 of 42 insider trading counts.



Read more: http://blogs.rockymountainnews.com/denver/nacchio_trialwire/

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Hooray!

[El Supremo]

1. Make that 19 counts out of 42.

http://www.9news.com/

[Utah_Lefty]

2. Hooray is right

I hope they throw the book at that sorry asshole.

[mcscajun]

3. Full story here.

http://www.rockymountainnews.com/drmn/business/article/0,1299,DRMN_4_5493912,00.html

[qdemn7]

4. Excellent!

One more white collar scumbag going to do hard time.

[DavidDvorkin]

5. I passed him on the street in downtown Denver a couple of weeks ago

He was surrounded by his lawyers, or any rate by a clique of overly dressed gorps. He looked smug and self-confident, and I thought that he knew he'd get off with at most a slap on the wrist.

So this is a pleasant surprise. Unless all he gets is a slap on the wrist.

[FryLock3000]

6. Poor Bastard

He would've been better off to kill his spouse with a shotgun to the back. Then he'd be looking at 3 to 6, not 30 to 60.

[donheld]

7. One can only hope he has to serve at least 30 years

He deserves no less.