Archive for 2008/03/17

New Trial for Ex-Qwest Boss Nacchio

2008/03/17/1634

RTFA: http://news.wired.com/dynamic/stories/Q/QWEST_NACC…

DENVER (AP) — A federal appeals court ordered a new trial Monday for former Qwest CEO Joe Nacchio, saying the trial judge wrongly excluded expert testimony important to Nacchio’s defense in his insider trading case.

The court also ordered a new judge to hear Nacchio’s case.

Nacchio was convicted in April on 19 counts involving the sale of $52 million worth of Qwest stock in 2001. He was sentenced to six years in prison but remained free on appeal. Jurors acquitted Nacchio of 23 counts.

Prosecutors argued Nacchio sold the stock when he knew Denver-based Qwest Communications International Inc. was at financial risk but didn’t tell investors. U.S. Attorney Troy Eid had called the case the largest insider trading prosecution in the nation based on the number of counts, the amount of money involved and the length of the prison term…

Nacchio maintained he was optimistic about Qwest’s future because he knew of potential contracts the company could land from secret government agencies. He did not present that argument during his trial.

Is this the same Qwest CEO that said the government approached him in Feb. 2001 to spy on Americans?

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147 years later, loan now worth $22.7M

2008/03/17/1559

RTFA: http://www.tampabay.com/news/localgovernment/artic…

Tampa issued a promissory note for $299.58 to pioneer storekeeper Thomas Pugh Kennedy on June 21, 1861. And his great granddaughter Joan Kennedy Biddle, 77, who has known about the note since she was a little girl, wants to collect with interest.

TAMPA - In the early months of the Civil War, the city of Tampa needed ammunition and other supplies to defend against attack but apparently was short on cash.

So it issued a promissory note for $299.58 to storekeeper Thomas Pugh Kennedy on June 21, 1861.

Kennedy’s great-granddaughter says the city never made good on its loan. Now, Joan Kennedy Biddle and her family are suing to collect the payment plus 8 percent annual interest.

The total bill: $22.7-million.

“Obviously we came at a bad time because the city seems like they’re trying to cut their budget,” she said. “On the other hand, they’re building the Riverwalk.”

I wonder how much this note is worth as just an antique collectors item.

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Don Murphy “discovers” RTFA!

2008/03/17/1134

RTFA: http://donmurphy.net/board/showthread.php?t=24887&…

yeah this fuck RTFA is trying to cause shit
keep in his face
be polite
you are doing well

I am pleased to announce that RTFA has finally been discovered by Hollywood!

Don Murphy (producer of Transformers, Natural Born Killers, others) barges onto RTFA and posts:

“Found You. On to the next step.”

You haven’t lived until you’ve been Internet-stalked by Don Murphy. Er, I mean “discovered.” Murphy owes us a round of drinks. Seriously, that’s the next step. We’re in the SF Bay Area.

Seems this has to do with Murphy’s wikipedia page. For the record, rtfa.net has no connection to the wikipedia account “RTFA.” For future reference, RTFA is a really common acronym

Now that Don Murphy has “found” us, you need to subscribe to the RSS feed. RTFA “finds” weird stuff that is worth reading.

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Oklahoma Rep. Sally Kern on YouTube Clip: Homosexuality Bigger Threat Than Terrorism

2008/03/17/0929

RTFA: http://www.foxnews.com/story/0,2933,338271,00.html

OKLAHOMA CITY - A YouTube audio clip of a state lawmakers screed against homosexuality, which she called a bigger threat than terrorism, has outraged gay activists and brought death threats rolling in.

“The homosexual agenda is destroying this nation, OK, its just a fact,” Rep. Sally Kern said recently to a gathering of fellow Republicans outside the Capitol.

“Studies show no society that has totally embraced homosexuality has lasted, you know, more than a few decades. So its the death knell in this country.

“I honestly think its the biggest threat that our nation has, even more so than terrorism or Islam, which I think is a big threat,” she said.

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