Biz people
China Daily | Updated: 2009-04-15 08:03
Ex-Qwest chief headed for jail
Former Qwest International Inc Chief Executive and convicted insider trader Joseph Nacchio (right) appears headed for prison after a years-long legal battle marked by a litany of appeals and verdict reversals.
Nacchio, whose 2007 conviction was hailed as a victory over greedy corporate chieftains of the dotcom era, will report to a minimum-security prison in Pennsylvania after a federal appeals court denied his emergency request to remain free while the US Supreme Court considers whether to review his case.
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