Although doubtlessly guilty of insider trading, former Qwest CEO Joe Nacchio has one moral feather tucked beneath the diamond-encrusted ribbon of his Mr. Moneybags-style top hat: when the NSA approached Nacchio and demanded Qwest phone records to stave off the terrorist threat, Nacchio told them to go fuck themselves. This is while executives at companies like Verizon, AT&T and Bell South gleefully capitulated to what amounts to an illegal and unconstitutional request.
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‘Broadband Scandal’: How the Phone Companies Screwed Us All
By 2.1.06
A new book called The $200 Billion Broadband Scandal claims to detail the variety of tax breaks and compensations offered to the Bell-spawned phone companies to build out our nation’s fiber-optic network—a network designed to bring 45-megabit per second connections into every home. We don’t know about you, but we are sending this text via a rickety old copper line, using the best 1-megabitish DSL connection Verizon has to offer.
