Former Qwest CEO Joe Nacchio has now spent more time worrying about getting thrown in prison than he may actually have to spend in prison.
Nacchio has been the target of criminal and civil investigations since he was forced to step down in 2002. He was convicted on 19 counts of insider trading that date back to 2001. In 2007, he was sentenced to six years. He’s since been through the appellate court and is now asking the U.S. Supreme Court to overturn his conviction.
Meantime, he remains free until at least June when Supreme Court is expected to decide whether to take his case.
I don’t think this has been such an easy ride for Nacchio, though. I think the worst part about going to prison is worrying about going to prison, and Nacchio’s been doing that for years.
(PHOTO: Joe Nacchio, by The Denver Post.)