Notable Links

Denver Internet Marketing by Parallel Path

Arvada Boutique Clothing Store Stella B's

Nacchio Conviction Upheld

by: Colorado Pols

Wed Feb 25, 2009 at 10:48:08 AM MST

Closure a step nearer in our local Enron scandal, as the Denver Post reports:

A federal appeals court in Denver today upheld Joe Nacchio's criminal insider trading conviction, overturning an initial three-judge panel's decision to grant the former Qwest chief executive a new trial.
The initial panel had ruled that the trial judge hindered Nacchio's right to a fair trial in excluding expert testimony from business-law professor and private consultant Daniel Fischel, one of the three witnesses Nacchio called in his defense against 42 counts of insider trading charges.
In a 5 to 4 vote, a panel of nine judges disagreed.
Nacchio, 59, remains free on $2 million bail and is expected to petition for the Supreme Court to hear the case. He faces six years in prison for his conviction on 19 counts of insider trading.

Colorado Pols :: Nacchio Conviction Upheld

Tags: (All Tags)

Share this post:

Nacchio Conviction Upheld | 5 comments

Qwesticles

Interesting 5-4 decision. I'm interested in reading the decision and the line-up if you find a link.

Now that Nottingham is gone, who would have heard this matter had the Court kicked the decision back to the Circuit Court?

More questions than comments, I know.

by: and another thing @ Wed Feb 25, 2009 at 18:44:50 PM UTC

by: you @ soon

To post this comment click here:

Otherwise click cancel.

Link is on the Rocky's website

Sometimes, I guess, you have to let the inner bitch out.

by: gertie97 @ Wed Feb 25, 2009 at 19:26:16 PM UTC

[ Parent ]

It would have been kicked back to the U.S. District Court and

assigned either at random or by the Chief Judge.

by: ohwilleke @ Wed Feb 25, 2009 at 22:48:09 PM UTC

[ Parent ]

I doubt SCOTUS will take the case.

The disputed issues involve the application of the law to a particular set of facts; not a clean, narrow statutory tests upon which circuits are split, or constitutional issues.

It is a close case, but not one of profound legal importance, because the core disputed about the admissibility of expert testimony are clouded by the failure of Nacchio's counsel to perfect their claims procedurally in the trial court. (I'm not saying that they did a bad job, or that I would have done better, but that is part of the basis of the ruling against him.)

by: ohwilleke @ Wed Feb 25, 2009 at 22:47:14 PM UTC

by: you @ soon

To post this comment click here:

Otherwise click cancel.

oh, leave him alone.

.
poor Joe has burned through $200 Million on his legal defense. If this crucifixion doesn't stop, he may use up all his pocket change and have to withdraw money from the bank, or wherever billionaires keep the stuff.

And its not all his fault that your phone (and internet) service are so bad.
Remember who the big money was behind him and the rape of US West.
.

by: Barron X @ Thu Feb 26, 2009 at 07:38:36 AM UTC

by: you @ soon

To post this comment click here:

Otherwise click cancel.

Nacchio Conviction Upheld | 5 comments

Menu

Make a New Account

Forget your username or password?

Advertise Here!
ads@coloradopols.com

Active Users

Currently 4 user(s) logged on.

Colorado Pols Network

Jeffco Pols

Summers, Kerr to Host Joint Town Hall on Saturday

Joe Coors Announcing CD-7 Run Today

Roybal Fined for Wiechman Loan

More >

Denver Pols

Poll: Who Will Win the HD-1 Primary?

Hancock Rolls Out Economic Development Plan

Michael Hancock Wades into ASSET Debate

More >

RSS 2.0

Pols Gets Mobile: ColoradoPols.com/mobile/

Colorado Pols is on Twitter: twitter.com/coloradopols

Email Pols

How to Write a Diary That Will Make the Front Page

Terms of Use/Privacy Policy

Pols Posting Policies

The Pols Penalty Box

Yard Signs!

The Pols "Mailbag"

Relevant Links

The Big Media Blog

Blog For Growth

Colorado Capitol Journal

Colorado Center on Law and Policy

Colorado Democratic Party

Colorado Ethics Watch

Colorado Independent

Colorado Labor Blog

Colorado Veterans for America

Colorado Legislature

Colorado Libertarian Blog

Colorado Media Matters

Colorado Progressive Coalition

Colorado Republican Party

Colorado Secretary of State

Colorado Senate Dems

Colorado Senate GOP

Colorado Young Democrats

Commentary Today

Curious Stranger

Dan Willis-Rumors

Democracy for Colorado

Denver Politics

East Boulder County Politics

Election Neutrality Now

George in Denver

Great Education Colorado

Head First Colorado

The Hotline Political Network

Junction Daily Blog

Left in the West

Liberal and Loving It

Maintain Educational Standards in Colorado

National Journal

Political State Report

Project Vote Smart

Radio Free Denver

Slapstick Politics

Steam Powered Opinions

The Bell Policy Center

The Hypothetical Wren

Toilet Paper Online

TRACER Campaign Finance

View From a Height

Walter in Denver

Wash Park Prophet

Western Democrat

Colorado Pols is wholly owned by Colorado Pols, LLC
webmaster-at-coloradopols.com

free hit counter javascript

Powered by: SoapBlox