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"Middle school boys Juvenile fiction."
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The Denver Post Al Lewis column
2005
The indictment can be viewed as either stingy on details or elegant in its simplicity. Each of the 42 counts lists a stock sale [Joe Nacchio] made between January and May 2001 and fits on a single line across the page. There are also about five pages that allege Nacchio was aware of Qwest's downward trajectory at the time of these trades. In June, attorneys representing Nacchio against a Securities and Exchange Commission civil action argued that he was guilty only of being optimistic about his company, or maybe even engaging in a little \"puffery.\" Nacchio was famous for puffery, particularly when it came to questions about his performance and pay. Nacchio's employment contract at Qwest gave him virtually unfettered use of the company jets. Qwest even paid for air travel for his family between New Jersey, where Nacchio kept his home, and Denver, where he worked.
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