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Corporate Governance

: The Race to the Bottom

Nacchio's Sentence Reduced by two months

By Charles Nichols

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Today, Judge Krieger re-sentenced former Qwest CEO Joseph Nacchio to 70 months in jail, which is two months shorter than his 2007 sentence of six years.  The court also imposed a fine of $19 million and forfeiture of $44.6 million.

We will post on today's hearing in more detail soon.

Full post as published by The Race to the Bottom on June 24, 2010 (boomark / email).

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