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Very naive. Perhaps the CEOs are lying in order to avoid going to prison on trumped up charges? "In 2006, USA Today published an article that revealed that Ve
by daywalker 13y ago
Very naive. Perhaps the CEOs are lying in order to avoid going to prison on trumped up charges?
"In 2006, USA Today published an article that revealed that Verizon, AT&T and BellSouth (since acquired by AT&T) were voluntarily providing the NSA with millions of call logs. It also said another landline provider, Qwest (since acquired by CenturyLink), refused to hand over logs without a warrant, and that the NSA had rejected Qwest's insistence that the matter go before the FISC.
In 2007, former Qwest CEO Joseph Nacchio was convicted on 19 counts of insider stock trading. During an appeal, Nacchio's lawyers claimed the charges were retaliation for Nacchio's refusal to go along with the warrantless surveillance program while he ran Qwest."
http://www.technewsdaily.com/18302-national-security-agency.html http://www.technewsdaily.com/18302-national-security-agency....
- tptacek 13y agoThe notion that Joseph Nacchio, who enriched himself to the tunes of tens of millions of dollars by defrauding his shareholders when he sold his stock to them at prices he knew to be inflated due to secret information he possessed as an insider, is somehow a victim of NSA is another one of those "things people thing on Monday and Wednesday" --- except in this case it's a Monday 6 years in the past.
- daywalker 13y agoIt's a pure coincidence, of course, that of all the white collar criminals, the guy who refuses to help the NSA gets found out. Just like it's a pure coincidence, of course, that of all the people out there hiring escorts, Elliot Spitzer gets rumbled.
- dannyr 13y agoWow. You've been served but you still are going to great lengths to defend your position.
- tptacek 13y agoYou mean besides everyone else at Qwest, and for that matter Worldcom and Enron, that went down at roughly the same time?
- mattmaroon 13y agoYes, nobody else has ever been jailed for white collar crime.
- tptacek 13y agoMaybe the recent DOJ prosecution of big-ticket Dem fundraiser Raj Gupta was also politically motivated? Oh wait, someone on HN claimed that too.
- mattmaroon 13y agoOr Martha Stewart. She was jailed for insider trading right? (Or technically for lying during an investigation into it.) Wonder what she wouldn't tell the NSA.
- mattmaroon 13y agoVery naive. Perhaps Joseph Nacchio, you know, committed insider trading. Perhaps his lawyer's excuse, that it was retribution from the NSA was, you know, a lawyer's excuse. And perhaps the sympathetic tech press regurgitates it like a fact. Edit: and by the way, it was a jury trial. So not only was the SEC acting on behalf of the NSA, and the judge who sentenced him, but so was a 12 person jury. That's more believable.