Now we know: telecom kingpin Joe Nacchio believed more than anybody else in his company’s future. Yeah, right.

Former Qwest CEO Joseph P. Nacchio, convicted of insider trading charges in April and sentenced to six years in prison, is appealing his conviction, the Journal reports. Full disclosure here: I reported on Nacchio’s shenangans at Qwest for Fortune in 2003, so I’m not unhappy to find the Joe Nacchio saga come to a conclusion [...]

400 Years of Corporate Scandal: An Anniversary

I wanted to do an item about the economics of exploration on Columbus Day, but now it’s two days late, and I’ll take advantage of another, related anniversary: 400 years since the founding of the Jamestown Colony in Virginia. Yes, that was a long time ago. I wouldn’t stop the presses for this either. If [...]

Lazy Sexy Money, Or Why the TV Rich Don’t Work

Writing about economics gives me plenty of chances to zig when everyone else zags. The rest of the blogosphere is going to be telling you about last night’s Republican debate. So I’ll talk about what’s on TV tonight: Dirty Sexy Money, the new ABC show about the mega-rich. Yes, I know. This probably means my [...]