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Nacchio Goes Down for Insider Trading

Federal jury convicts former Qwest CEO for dumping company stock

(Newser) - Joseph Nacchio, former CEO of Internet-bubble-blowing telecom Qwest, was found guilty of 19 counts of insider trading by a federal jury in Denver yesterday. Nacchio dumped more than $100 million in Qwest stock in 2001, before the stock imploded over questionable accounting practices. The jury acquitted on 23 other counts.

Gitmo Detainee Pleads Guilty
Gitmo Detainee Pleads Guilty

Gitmo Detainee Pleads Guilty

Australian who trained with al Quaeda has spent five years in custody

(Newser) - David Hicks became the first person convicted under President Bush's much-maligned military tribunal system after entering a surprise guilty plea  to charges of providing material support to terrorists. The contentious proceedings may prove a new source of controversy, however, as the judge excluded Hicks' stwo civilian lawyers from court and...

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