Booman Tribune

DNCC Votes With Wallet: Qwest

by Natasha Chart
Wed Jan 2nd, 2008 at 01:46:16 PM EST

You probably remember this revelation about the pre-9/11 wiretapping, and how it landed the CEO of Qwest in jail because he refused to break the law:
... Newly-unsealed court documents related to former Qwest CEO Joe Nacchio's appeal on convictions of insider trading, show Nacchio claimed Qwest was asked by the federal government as early as February 2001 to participate in a classified program, which reports suggests was the National Security Agency's domestic wiretapping program. The request, Nacchio said, occurred while Qwest was being considered for lucrative government telecom contracts. Qwest refused to participate in the program, and later that year, according to Nacchio, the government declined to award Qwest the contracts. The failure to land those contracts, which Nacchio had come to expect Qwest would win, played an integral part in the revenue slide that was at the center of the insider trading charges on which Nacchio was convicted. ...

Today, the Democratic National Convention Committee announced their choice for a telecommunications provider for the convention in a press release:

The Democratic National Convention Committee (DNCC) and Denver-based Qwest Communications International Inc. (NYSE: Q) announced today that Qwest has been named as the official telecommunications provider for the 2008 Democratic National Convention, to be held Aug. 25-28 in Denver. In that role, Qwest will provide the network and people to help link the Convention to a nationwide and worldwide audience.

"Qwest has been a longtime partner of the Denver business community - and today we are proud to call them our partner, too," said Leah D. Daughtry, CEO of the DNCC. "Qwest's state-of-the-art network and skilled union labor force will play a significant role in helping us deliver a spectacular event to the American people and media outlets around the world." ...

The release didn't say anything about the wiretapping issue, just the Denver connections. Still, it seems a fine thing that they picked the one provably responsible corporate citizen to reward with the job. Good for them.



Display:
It's a subtle thing, but significant nonetheless.
by BooMan on Wed Jan 2nd, 2008 at 02:09:56 PM EST
I don't remember reading anything about Nacchio going to jail, only that his company lost some lucrative govt contracts.  Did he really get jailed?
by drewvsea (g.andrew.vick@gmail.com) on Wed Jan 2nd, 2008 at 07:31:51 PM EST
he was convicted and is out on appeal...facing some serious time.

nacchio's no angel/hero, but he's a long ways from being a ken lay type. the govt refused to give the defense the documents during the trial, and the appeal ct. decided that they had erred...it's going to be interesting to see where this goes.

several lawyers l know, who've been following this, think there's a strong likelihood that the conviction will be thrown out and a new trial will be required with all the previously withheld evidence admissible...which btw, fucks w/ BushCo™ big time, and. if l understand it correctly, there's lots of pressure to make this case go away, and the dems move here could be construed as a subtle jab at the admin.

frankly, l suspect they did it without considering that aspect...l really don't think the dncc's that smart.

lTMF'sA


the revolution will not be televised...

by dada on Wed Jan 2nd, 2008 at 08:15:59 PM EST
[ Parent ]


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