A controversial investment fund run by a former Microsoft executive just added more fuel to the tech industry’s runaway …
telecom
Stock Market Predicting iPhone Deals In China
It’s not easy finding any stocks with upward momentum today – not on a day when the Chicago Board of Trade Volatility index (known as the “VIX”) is up 19 points.
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 with some …