Took a long time to get Nacchio for the accounting gimmicks during the bubble days.
Ex-Qwest CEO may face charges on Tues-sources
Tuesday December 20, 1:23 AM EST
By Keith Coffman and Robert Boczkiewicz
DENVER (Reuters) - The former chief executive of Qwest Communications International Inc. may be indicted by a federal grand jury as early as Tuesday for his role in profiting from the firm's overstated results at the tail end of the telecoms boom, people familiar with the matter said.
Joseph Nacchio, who ran the regional telephone carrier as its stock price soared in 1999 and then into a scandal that saw it inflate revenues by $2 billion, could surrender to authorities in Denver and make his first court appearance on Tuesday, one person close to the Qwest investigation said.
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