nacchio

I agree that Nacchio derailed the thread, but look at the timestamps: there was a sprawling and irrelevant Nacchio thread here before I got here.

In this case: > Nacchio was convicted in 2007 of 19 counts of insider trading and acquitted on 23 counts.

The appeal didn't say Nacchio didn't insider-trade; just that his gains should be considered gains-less-taxes.

The link you gave just had people calling Nacchio pathetic.

They can certainly make life difficult for Apple and its executives; see what happened to Phil Nacchio of Qwest when he pushed back against surveillance requests.

I am saying that independent of anything Nacchio has to say, he does not appear to have been convicted on trumped-up charges.

>I am saying that independent of anything Nacchio has to say, he does not appear to have been convicted on trumped-up charges.

Unless I am missing something, your premise is that Nacchio is a cheat, and therefore we should discount anything he says about the motives behind the government's prosecution of him.

The facts of the case, which demonstrate Nacchio selling out of his position in his own company based on private information unavailable to his common shareholders, remain (so far as I can see) unimpeached.

Nacchio isn't accused of one of those "transporting the wrong species of muskmelon across state lines" crimes.

An average federal indictment's stating of base facts ("on February 13th Nacchio sold 180,000 shares") is much more trustworthy than, say, the average Wikipedia page.

I don't even know how to respond to this comment, because I don't see where Nacchio's "credibility" is even on the table.

("Nacchio, after all, had deep pockets and millions of dollars in legal indemnification from Qwest.

Circuit Court of Appeals ruled Friday that the trial judge overstated the amount of Nacchio's alleged financial gain.

Nacchio has been consistent in his denials and allegations throughout and continues to be to this day.

One of Nacchio's complaints was that he wasn't allowed to disclose certain exculpatory facts in public.