Qwest CEO Threatened With Repercussions

By Wayne Madsen

WMR has learned from sources who worked in senior positions for the telecommunications company Qwest that its former chairman and CEO, Joseph Nacchio, was threatened with retaliation after he refused to participate in an unconstitutional and illegal National Security Agency (NSA) wiretapping program after he met with NSA officials on February 27, 2001, some six months before the 9/11 attacks. Nacchio refused to turn over customer records without a court order — something NSA did not possess at the time it made its request.

After Nacchio refused NSA’s request on the grounds that it was illegal, sources close to Nacchio reported his legal problems with the Department of Justice and the Securities and Exchange Commission began in earnest. First, Qwest lost out on several lucrative federal government contracts and second, Nacchio was indicted and convicted in 2007 of 19 counts of insider stock trading. Nacchio was sentenced to six years in the Schuykill federal prison camp in Minersville, Pennsylvania, where he is now assigned prisoner number 33973-013.

Continue reading Qwest CEO Jailed If He Didn’t Cut A Surveillance Deal