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Joseph P Nacchio

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BUSINESS
July 15, 2004 | From Associated Press
Leucadia National Corp., which has expressed interest in buying at least half of MCI Inc., has ties to former Qwest Communications International Inc. Chief Executive Joseph P. Nacchio, who is reportedly advising the holding company. Leucadia gave Nacchio a 5% stake last year in a communications company it bought, ATX Communications Inc., regulatory filings show.
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BUSINESS
December 27, 2005 | From Reuters
After a three-year investigation into a $2-billion accounting scandal at Qwest Communications International Inc., federal prosecutors distilled their long-running case last week to a simple allegation of insider trading against the former chief executive. But the high-profile defense team of former Qwest Chief Executive Joseph Nacchio is readying a strategy that rests in part on secret government documents as evidence, legal analysts said.
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BUSINESS
December 27, 2005 | From Reuters
After a three-year investigation into a $2-billion accounting scandal at Qwest Communications International Inc., federal prosecutors distilled their long-running case last week to a simple allegation of insider trading against the former chief executive. But the high-profile defense team of former Qwest Chief Executive Joseph Nacchio is readying a strategy that rests in part on secret government documents as evidence, legal analysts said.
BUSINESS
July 15, 2004 | From Associated Press
Leucadia National Corp., which has expressed interest in buying at least half of MCI Inc., has ties to former Qwest Communications International Inc. Chief Executive Joseph P. Nacchio, who is reportedly advising the holding company. Leucadia gave Nacchio a 5% stake last year in a communications company it bought, ATX Communications Inc., regulatory filings show.
BUSINESS
December 23, 1996 | From Associated Press
Putting his first major stamp on AT&T Corp., new President John R. Walter has replaced the head of the company's ailing consumer unit with one of its top marketing managers. Gail J. McGovern, executive vice president of AT&T's business markets division, succeeds Joseph P. Nacchio in running the consumer and small business unit.
BUSINESS
July 1, 1999 | From Associated Press
Frontier Corp., a small local and long-distance phone company, said Wednesday it has agreed to meet with executives from Qwest Communications International to explore the company's $11.8-billion takeover offer. The statement opens the door to formal negotiations with Qwest that could jeopardize Frontier's existing $10.9-billion merger agreement with Global Crossing Ltd. Qwest and Global Crossing are fighting for control of Frontier and US West Inc., a regional Baby Bell phone company.
BUSINESS
December 29, 1993 | FRANK SWOBODA, WASHINGTON POST
American Telephone & Telegraph Co., seeking to increase its share of the long-distance market, Tuesday announced a major nationwide rate increase for residential phone service, then immediately introduced an unrestricted discount plan for people who make more than $10 in calls a month. AT&T said it would raise basic long-distance rates next month by an average of 6.3%, more than twice the current rate of inflation.
BUSINESS
June 24, 1999 | From Associated Press
The takeover battle for US West Inc. and Frontier Corp. heated up Wednesday as Qwest Communications International Inc. revised its $46.5-billion unsolicited bids for the telephone companies. US West, a Denver-based Baby Bell, and Frontier, the nation's No. 5 long-distance carrier, both rebuffed Qwest's original offer in favor of a merger proposal from Global Crossing Ltd. Both companies acknowledged that they had received the new proposals and were reviewing them.
BUSINESS
February 4, 1997 | From Associated Press
AT&T's chief financial officer said Monday that he is quitting, the second top-level departure from the giant long-distance phone company since John R. Walter took over as president last fall. Richard W. Miller, 56, will continue as chief financial officer until a replacement is found, expected by the end of March.
BUSINESS
October 19, 1994 | JUBE SHIVER Jr., TIMES STAFF WRITER
In honors that company officials say underscore their leadership in the burgeoning telecommunications field, AT&T won two of the world's most prestigious business awards Tuesday. In Washington, the long-distance carrier's Consumer Communications Services unit in Basking Ridge, N.J., won the federal government's Malcolm Baldrige Award for excellence in quality management among service companies. Also honored in the service category was GTE Directories Corp.
BUSINESS
July 13, 2004 | Jeffrey Gold, Associated Press
Joseph P. Nacchio stepped down as chief executive of Qwest Communications International Inc. in 2002 in the spotlight's glare during a storm of questions about the company's accounting that ultimately led it to erase $2.5 billion in revenue. Now he has quietly returned to the telecom industry. Nacchio has invested in a small, privately held New Jersey company, BCN Telecom Inc.
BUSINESS
January 23, 1996 | JUBE SHIVER Jr., TIMES STAFF WRITER
Hoping to avoid risking hundreds of millions of dollars in Wednesday's government auction of satellite TV licenses, AT&T Corp. said Monday that it will instead invest $137.5 million in Hughes Electronics Corp.'s DirecTv and help sell the company's satellite television equipment and services.
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