Comments on: Qwest’s Joseph Nacchio: Hero or “Clever” Villain? http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/ The Business End of the Blogosphere Fri, 09 Jan 2009 01:43:45 +0000 http://wordpress.org/?v=2.5 By: TBlumer http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/#comment-11013 TBlumer Mon, 15 May 2006 13:59:50 +0000 http://www.bizzyblog.com/?p=2124#comment-11013 #5, upon further reflection, the post assumes that SEC would have access to what NSA has, which I would not be so sure of (though a court order would probably remedy that). That said, I have to wonder why Qwest, by most observers seen as the worst-run of the big telcos, made a decision different from the other biggies, who would have been expected to be just as concerned about liability. And the staffs of our elected representatives (as opposed to the reps themselves, who for the most part are quite aware of the microscope they are under) have a HUGE issue of trading on or leaking inside information that someday needs to be exposed, and prosecuted. I'm not saying all reps are clean; I'm saying the much bigger problem is those who work for them. #5, upon further reflection, the post assumes that SEC would have access to what NSA has, which I would not be so sure of (though a court order would probably remedy that).

That said, I have to wonder why Qwest, by most observers seen as the worst-run of the big telcos, made a decision different from the other biggies, who would have been expected to be just as concerned about liability.

And the staffs of our elected representatives (as opposed to the reps themselves, who for the most part are quite aware of the microscope they are under) have a HUGE issue of trading on or leaking inside information that someday needs to be exposed, and prosecuted. I’m not saying all reps are clean; I’m saying the much bigger problem is those who work for them.

]]> By: JH http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/#comment-11002 JH Mon, 15 May 2006 13:29:34 +0000 http://www.bizzyblog.com/?p=2124#comment-11002 I have to agree with the previous comment by Kevin. Corporations are what they are: entities that exist to maximize their profit at the expense of all else. The refusal to cooperate has little to do with heroism or altruism. They simply saw the potential for future financial liability. The inside trading activity seems like an unrelated sideshow (and if we are going to use that as a barometer of character then a fair number of our elected representatives in Washington may be similarly judged). I have to agree with the previous comment by Kevin. Corporations are what they are: entities that exist to maximize their profit at the expense of all else. The refusal to cooperate has little to do with heroism or altruism. They simply saw the potential for future financial liability. The inside trading activity seems like an unrelated sideshow (and if we are going to use that as a barometer of character then a fair number of our elected representatives in Washington may be similarly judged).

]]> By: TBlumer http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/#comment-10986 TBlumer Mon, 15 May 2006 04:49:59 +0000 http://www.bizzyblog.com/?p=2124#comment-10986 #4, don't burst my bubble. :--> Seriously, Qwest was never a well-run company, and giving Nacchio credit for having more smarts than the other guys would be a real stretch. #4, don’t burst my bubble. :–>

Seriously, Qwest was never a well-run company, and giving Nacchio credit for having more smarts than the other guys would be a real stretch.

]]> By: Kevin irwin http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/#comment-10984 Kevin irwin Mon, 15 May 2006 04:07:05 +0000 http://www.bizzyblog.com/?p=2124#comment-10984 Maybe the Qwest CEO also realized that, like AT&T and Verizon, Qwest could face a massive suit. Maybe the Qwest CEO also realized that, like AT&T and Verizon, Qwest could face a massive suit.

]]> By: TBlumer http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/#comment-10970 TBlumer Sun, 14 May 2006 15:26:09 +0000 http://www.bizzyblog.com/?p=2124#comment-10970 #2, Thanks, you would think beat and business reporters might occasionally talk to each other. #2, Thanks, you would think beat and business reporters might occasionally talk to each other.

]]> By: Porkopolis http://www.bizzyblog.com/2006/05/14/qwests-joseph-nacchio-hero-or-clever-villain/#comment-10969 Porkopolis Sun, 14 May 2006 15:20:32 +0000 http://www.bizzyblog.com/?p=2124#comment-10969 You're last question/point is my nomination as one of this year's best blog-based provacative questions! MSM...asleep again at the helm. You’re last question/point is my nomination as one of this year’s best blog-based provacative questions!

MSM…asleep again at the helm.

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