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Minnesota has steep climb to reach its broadband speed and access goals MinnPost.com By Sharon Schmickle June 22, 2010 Ambitious goals set into state law this year call for Minnesota to rank among the top five in the nation in broadband speed and access

For Denied Claims, a Bit of Help in the Health Law Fighting with a health plan over a denied claim can leave people feeling they’ve been injured all over again The New York Times By Michelle Andrews June 21, 2010 The options for challenging an insurance company’s decision are limited

Four Qwest executives to join merged company The Denver Post By Andy Vuong June 21 2010 Four Qwest senior executives will remain in similar roles after the company merges with CenturyLink, according to a regulatory filing

 

Former Qwest CEO Nacchio awaits resentencing The Denver Post By Andy Vuong June 21 2010 Former Qwest chief executive Joe Nacchio, 14 months into a six-year prison term for criminal insider trading, will receive a new sentence Thursday

 

Colorado's top executives' 2009 pay packages exposed The Denver Post By Aldo Svaldi June, 20 2010 Several media outlets list Oracle CEO Lawrence Ellison as the country's highest-paid executive in 2009 at $84.5 million

 

'Rambo' vs. 'blind eye' regulators: Ex-Qwest exec battles SEC Denver Business Journal by Greg Avery June 19, 2010 A former Qwest financial reporting director wants a federal judge to sanction the U.S. Securities and Exchange Commission for continuing to pursue civil charges against him years after the financial scandal at the Denver Company.

What to Expect in Next Year’s Health Benefits Offerings By Walencia Konrad June 11, 2010 RIGHT about now, as you’re dusting off your beach gear, may seem the wrong time to talk about next fall’s open enrollment for health insurance

New Rules on Changes to Benefits The New York Times By Robert Pear June 13, 2010 WASHINGTON The White House on Monday will issue new rules that strongly discourage employers from cutting health insurance benefits or increasing the costs of coverage to employees, administration officials say

Lawyer: Nacchio isolated, denied medicine on trip By P. SOLOMON BANDA The Washington Post June 13, 2010 The Associated Press DENVER Former Qwest CEO Joe Nacchio spent eight days in solitary confinement, had no visitors for six weeks and was denied his medication for days during his round trip between a Pennsylvania prison camp and a Denver courtroom, which included long stops at several federal prisons along the way

Nacchio attorneys outline sentence recommendations Associated Press June 11, 2010 DENVER Former Qwest CEO Joseph Nacchio is pushing to reduce his prison sentence on insider trading convictions by almost half and slash his fine even more

CenturyLink's POTS of Gold By JAY PALMER online.barrons.com MAY 22, 2010 The popularity of DSL is keeping telecom giant CenturyLink relevant

Ed Mueller: The man who made the call to sell Qwest By Andy Vuong The Denver Post June 6, 2010 When Ed Mueller took the helm at Qwest in August 2007, he was charged with leading a financially stable but unwanted company

 

Filing: Qwest talked with two other firms before taking CenturyLink's offer By Andy Vuong The Denver Post June 5, 2010 Prior to accepting a takeover offer from CenturyLink in April, Qwest held merger-and-acquisition discussions with two other companies, including a private equity firm, according to a regulatory filing

 

CenturyLink secures spot on Bloomberg's Tech100 list Fierce Telecom By Sean Buckley June 2, 2010 By being named to Bloomberg BusinessWeek's Tech 100, CenturyLink's (NYSE: CTL) profile has risen above its small independent ILEC roots. Bloomberg's designation comes only two months after CenturyLink gained a spot on Fortune 500's largest U.S. companies list

Qwest spent $735,614 lobbying in 1st quarter Forbes.Com Associated Press June 1, 2010 WASHINGTON Phone company Qwest Communications International Inc. spent $735,614 in the first quarter to lobby the federal government on legislation on cybersecurity and the theft of copper phone wires, according to a disclosure report

Nacchio taking long road back to Pa. prison camp The Denver Post May 27, 2010 Attorneys for former Qwest chief executive Joe Nacchio filed an emergency motion Wednesday to have him transported back to a minimum-security prison camp at Schuylkill Federal Correctional Institution in Minersville, Pa

CenturyLink's declares 72.5 cents per share quarterly dividend The NewsStar By Greg Hilburn May 21, 2010 CenturyLink’s board of directors announced Friday that it voted to declare a quarterly cash dividend of 72.5 cents per share payable on June 21, 2010, to shareholders of record on June 8, 2010

Notebaert Re-Elected by Notre Dame Trustees InsideINdianaBusiness.com Report The University of Notre Dame Board of Trustees has re-elected Richard Notebaert to a second three-year term as chairman

Qwest, CenturyTel Lose Subscribers in First Quarter By Melissa Korn The Wall Street Journal MAY 6, 2010 NEW YORK CenturyTel Inc. and Qwest Communications International Inc., which announced a merger last month, each reported that they continued to lose landline subscribers in their first-quarter reports Wednesday

Former Qwest CEO Reflects on Prison Life By Al Lewis A DOW JONES NEWSWIRES COLUMN FOXBusiness Friday, May 07, 2010 A reader called, disappointed that no one published a photo of former Qwest (Q: 5.13, -0.08, -1.54%) CEO Joe Nacchio making a rare court appearance this week after a year in a prison on insider trading convictions

 

Nacchio makes court appearance By Andy Vuong The Denver Post May 04, 2010 Former Qwest chief executive Joe Nacchio sported a shaved head, goatee, black-framed glasses and a khaki prison jumpsuit for a hearing today in which he was granted a waiver from attending his resentencing in June

Profits rise at CenturyTel, fall at Qwest By Steve Goldstein & Jeffry Bartash, MarketWatch WASHINGTON (MarketWatch) -- CenturyTel Inc. and Qwest Communications International Inc., which plan to merge, both reported better-than-expected earnings for the first quarter Wednesday, although their respective customer bases shrank again

Former Qwest CEO Nacchio back in Denver courtroom today By Andy Vuong The Denver Post May 04, 2010 A year into a six-year prison term for criminal insider trading, former Qwest chief executive Joe Nacchio is scheduled to appear in custody at a hearing today in U.S. District Court in Denver

 

U S West divestitures boosted bottom line at expense of Qwest's future. Along the way, top executives from Sol Trujillo to Joe Nacchio to Dick Notebaert made hundreds of millions of dollars as thousands of employees lost their jobs and retirees lost their promised benefits By Andy Vuong The Denver Post May 02, 2010 Over a three-month span in 1998, Qwest predecessor U S West sold its high-growth wireless business and spun off its cable-TV division

The future of telecoms is murky at best  BILL VIRGIN; contributing writer The News Tribune May 2, 2010 Welcome, readers, to another edition of “Spot the generational differences.”

Nacchio on way to Denver for court hearing By Andy Vuong The Denver Post April 30, 2010 Former Qwest chief executive Joe Nacchio is on his way to Denver under a federal escort and will appear in custody at a court hearing Tuesday

 

Qwest in talks to invest in network. A hedge fund trying to launch a high-speed wireless venture courts partners By Spencer E. Ante The Wall Street Journal April 29, 2010 NEW YORK Hedge fund Harbinger Capital Partners has tapped Sanjiv Ahuja, the former chief executive of France Telecom SA's mobile unit Orange, to head up its risky effort to create a high-speed wireless network in the U.S., people familiar with the matter said this week

 

Qwest's acquirer plans to keep decisions local By Andy Vuong The Denver Post April 27, 2010 CenturyTel, which is acquiring Qwest, plans to inject the company with a locally focused business model, where key service and pricing decisions are made market by market

 

Merger with CenturyTel may be good news for Qwest customers By Greg Griffin The Denver Post April 25, 2010 The combination of CenturyTel and Qwest may have benefits for Qwest customers in the form of streaming television, better access to high-speed Internet and more bundled services, analysts said

 

CenturyTel to buy Qwest in $10.6 billion stock swap. The combined company would remain in the No. 3 spot among phone companies, behind AT&T and Verizon By Andy Vuong The Denver Post April 23, 2010 Denver-based Qwest, a company with deep Colorado roots and an iconic presence in the downtown skyline, announced a $22 billion merger Thursday that will relocate its corporate headquarters

 

Qwest employees anything but surprised By Kevin Vaughan The Denver Post April 23, 2010 It is not clear how many of the roughly 30,000 workers now employed at Qwest ultimately would keep their jobs once the deal is completed

Qwest shareholder suing over merger By Steve Raabe The Denver Post April 24, 2010 A Qwest shareholder filed a lawsuit Friday against the telecom firm alleging that Qwest's directors failed to protect shareholder interests in the proposed $22 billion merger with CenturyTel

Nacchio resentencing set for June 22-24 The Denver Post April 24, 2010 Former Qwest chief executive Joe Nacchio's resentencing has been scheduled for June 22 to June 24

CenturyLink And Qwest Probably Won't Pursue Wireless. 'We are not going to go out and buy shirt factories,' says CEO Karl Bode DSLReports.com April 23, 2010 As we mentioned yesterday, Qwest and CenturyLink have announced a merger valued at around $23.4 billion dollars (half of that being Qwest debt)

Working On the Qwest-CenturyTel Mega-Deal; Plus, Will the GC Stick Around? Amy Miller Law.Com ~ Corporate Counsel April 26, 2010 The legal department for Qwest Communications International Inc. may have hired two of the biggest firms in the country to handle the company's acquisition by CenturyTel Inc

CenturyTel-Qwest deal is a rural double-down Steve Alexander Star Tribune April 23, 2010 Qwest Communications, Minnesota's biggest telephone company but the smallest of the remaining regional Baby Bell firms spun off from AT&T, is being acquired by CenturyTel Inc. of Louisiana in a $10.6 billion stock swap

Qwest, CenturyTel announce $10.5 billion merger. Both CenturyTel and Qwest are latecomers to the wireless party. Now, they want to merge in a $10.5 billion deal By Leslie Brooks Suzukamo St. Paul Pioneer Press April 22, 2010 Qwest Communications International may trade its western twang for a southern drawl next year. CenturyTel Inc., a Louisiana phone company, plans to buy the larger Qwest for $10.5 billion in stock, ending years of speculation over the ultimate fate of the financially hobbled Denver-based phone giant

More Tough Luck For Convicted Former Qwest CEO Nacchio Wall Street Journal Law Blog By Dionne Searcey We all know that you win some and you lose some. But if you’re former Qwest CEO Joseph Nacchio, you lose some, you win some, you lose some. . . and you lose some again

Qwest: A scrappy little company with big ambitions The Associated Press By Catherine Tsai and Sandy Shore April 23, 2010 DENVER Since the day it was created, Qwest Communications has been like the scrappy little guy who swings for the fences but doesn't quite hit a home run

Qwest’s payroll in region nearly $30M Billings Gazette Gazette Staff Thursday, April 22, 2010 Qwest employs 180 people in Montana and has a payroll of $14.5 million

 

CenturyTel Center, perhaps? By Maggie O'Brien WORLD-HERALD STAFF WRITER April 23, 2010 The president of the Qwest Center Omaha said Thursday that he wants to retain the facility's name, despite the company's pending sale

 

What's the impact of Qwest's acquisition on employees, service, investors? The Salt Lake Tribune April 22, 2010 Here are some answers to questions about Qwest's acquisition by CenturyTel

 

CenturyTel taking large bites. The once-tiny company paid $11.6 billion for Embarq two years ago By Greg Griffin The Denver Post April 23, 2010 Qwest is the larger company in the deal with CenturyTel announced Thursday

CenturyTel Gambles on Qwest Merger The Wall Street Journal - Technology By Nira J Sheth And Roger Cheng April 23, 2010 CenturyTel Inc.'s $10.6 billion deal for Qwest Communications International Inc. is a big bet by the Louisiana telecommunications company that it can fight off the relentless decline in the U.S. local-phone business by getting bigger

CenturyTel makes $22.4 billion bid for Qwest CNET by Marguerite Reardon April 22, 2010 CenturyTel agreed to buy Qwest Communications International in a $10.6 billion all-stock deal, the companies announced Thursday

Qwest merger and Phil Anschutz: More riches for Colorado's richest man? Westword By Michael Roberts Thursday, April 22, 2010 Qwest, the Denver-based company founded in 1966 by Phil Anschutz, is being acquired by CenturyTel in a deal that involves the swap of $10.6 billion in stock

For 80 years, Qwest buyer CenturyTel has grown through acquisition into national giant Denver Business Journal by Mark Harden April 22, 2010 CenturyTel — the company that announced Thursday plans to buy Denver’s Qwest — has its roots as a Depression-era Louisiana phone company with 75 customers

CenturyTel, seeking scale, to buy Qwest for $10.6B Houston Chronicle By Peter Svensson, AP Technology Writer © 2010 The Associated Press April 22, 2010 NEW YORK CenturyTel Inc., the country's fifth-largest local-phone company, said Thursday that it will buy Qwest Communications International Inc., the third-largest, in a stock swap worth $10.6 billion to gain the benefits of scale in a shrinking business

 

Judge denies Nacchio's request for prison furlough The Denver Post By Andy Vuong March 16, 2010 A federal judge Thursday denied former Qwest chief executive Joe Nacchio's request for a furlough from prison

 

Ex-Qwest CEO Nacchio to appear for Denver hearing The Associated Press April 13, 2010 DENVER A judge wants to see former Qwest CEO Joe Nacchio in person before agreeing to let him waive his right to attend re-sentencing hearings on insider trading charges

 

Judge says Nacchio must return for Denver hearing By Andy Vuong The Denver Post Joe Nacchio, currently serving time in Minersville, Pa., for criminal insider trading, could soon make a public appearance in Denver — in prison clothes

Breaking Down the Barriers. When health-care providers exchange electronic medical records, costs go down and patient care goes up The Wall Street Journal By LAURA LANDRO April 13, 2010 To understand the potential of shared health records, consider the Bottone family

Judge dismisses racketeering lawsuit against Qwest over Dutch venture The Denver Post By Andy Vuong April 12, 2010 A federal judge in Denver has dismissed a racketeering lawsuit filed against Qwest by the bankruptcy trustees of its failed European joint venture, KPNQwest NV

 

Nacchio ordered to appear in court in Denver The Denver Post By Andy Vuong April 12, 2010 Joe Nacchio could soon be back in Denver

 

Colorado's largest firms made big increases in cash reserves The Denver Post By Aldo Svaldi April 8, 2010 Colorado companies significantly boosted their cash reserves last year, a sign that the downturn wasn't as severe as many anticipated

 

Stimulus helps plug NM’s digital divide State to see $40 million-plus in broadband stimulus funds New Mexico Business Weekly by Kevin Robinson-Avila NMBW Staff Friday, April 2, 2010 Managers at the Peñasco Valley Telecommunications Cooperative in Artesia joke that it’s cheaper to relocate rural families to cities than it is to bring high-speed Internet to the desert

Judge narrows SEC lawsuit against ex-Qwest execs Associated Press April 2, 2009 DENVER A federal judge has thrown out some claims in a civil lawsuit the Securities and Exchange Commission filed against former Qwest executives, including former CEO Joe Nacchio

Qwest launches managed security, network management services Supported by IBM Internet Security Systems Computer Business Review By Staff Reporter March, 30 2010 Qwest Communications has launched two new managed offerings, Qwest iQ Managed Security Service (MSS) and Qwest iQ Network Management Service (NMS), to provide a technology ecosystem specifically designed for businesses with 15,000 employees or fewer

Sight-impaired kids participate in egg hunt Waterloo Cedar Falls Courier By Tina Hinz Monday, March 29, 2010 VINTON The hunt was on for Easter eggs Thursday.  Relying on their ears, visually impaired kids scurried toward dozens of beeping eggs, nestled in baskets around the gymnasium at the Iowa Braille and Sight Saving School in Vinton

Qwest earmarks $55 million for broadband in Arizona Phoenix Business Journal by Patrick O'Grady March 25, 2010 Qwest in Arizona expects to spend $55 million to beef up the state’s broadband infrastructure in rural areas

SEC suit against ex-Qwest execs likely heading to court. Federal officials say a settlement isn't likely in the case on alleged accounting improprieties The Denver Post By Andy Vuong March 27, 2010 A 5-year-old civil fraud lawsuit against former Qwest chief executive Joe Nacchio and four others appears headed for trial — and Nacchio hopes it's not in Denver

AT&T takes $1 billion hit as health reform closes loophole The Associated Press By Barbara Ortutay March 27, 2010 NEW YORK AT&T Inc. will take a $1 billion non-cash accounting charge in the first quarter because of the health care overhaul and may cut benefits it offers to current and retired workers

Qwest seeks $350M from stimulus for rural broadband Denver Business Journal Greg Avery March 26, 2010 Qwest Communications International Inc. said Thursday it is applying for a $350 million federal stimulus grant to help it extend high-speed Internet service to rural areas of its local phone-service region

Qwest seeks stimulus money to expand broadband Seattle Post Intelligencer The Associated Press March 25, 2010 DENVER Qwest is applying for $350 million in federal stimulus money to help extend high-speed Internet service to rural parts of the 14 states where it offers local phone service

Qwest Seeks Federal Grant to Deploy Broadband to Rural Communities at Connection Speeds of 12 to 40Mbp The Wall Street Journal, Market Watch March 25, 2010 DENVER, Mar 25, 2010 (BUSINESS WIRE) Qwest Communications /quotes/comstock/13*!q/quotes/nls/q (Q 5.30, +0.01, +0.14%) has filed an application for a federal stimulus grant to extend broadband at speeds of 12 to 40 Mbps to rural communities throughout its local service region

Qwest CEO pay increases 5 percent to $12M in 2009 Associated Press By BARBARA ORTUTAY (AP) March 23, 2010 NEW YORK Edward Mueller, the chairman and CEO of Qwest Communications International Inc., was awarded compensation valued at nearly $12 million in 2009, a 5 percent increase from the previous year according to an Associated Press analysis of a regulatory filing

Former boss' conservative associates donating to Bennet By Michael Riley and Burt Hubbard The Denver Post March 19, 2010 Colorado billionaire Phil Anschutz is famous for embracing conservative causes, but he also is a friend and former boss of Colorado Democratic Sen. Michael Bennet's

Qwest CEO saw 2009 compensation rise as net profit fell By Andy Vuong The Denver Post March 18, 2010 Even though Qwest posted a 39 percent drop in net profit and a 9 percent drop in revenue in 2009, chief executive Ed Mueller enjoyed a 6 percent bump in pay for the year

Qwest to Webcast First Quarter 2010 Earnings Conference Call Denver, March 16, 2010, Business Wire Qwest Communications will announce its first quarter 2010 financial and operational highlights on Wednesday, May 5, 2010, at 7 a.m. EDT

Prosecutors want Nacchio in court for new sentence © 2010 The Associated Press March 15, 2010, 11:33PM DENVER Federal prosecutors are objecting to former Qwest CEO Joe Nacchio's request to not be present in court when he is given a new sentence

6 Leprechaun Leaders For St. Patrick's Day The San Francisco Chronicle Katie Adams, provided by Investopedia  Monday, March 15, 2010 Ah, the spry little leprechaun. These tight-wearing sprites are bankers of the fairy world and self-appointed guardians of the proverbial pots of gold

Even amid rebound, tech-stock index still at half its peak 10 years after the tech bubble The Denver Post By Aldo Svaldi  March 10, 2010 Investment adviser Kenneth James still remembers clients who called in 2000 asking him to get them in on the "lottery-style" gains their neighbors and friends boasted about

Qwest expanding high-speed Internet through Phoenix, Tucson Phoenix Business Journal March 8, 2010 Qwest Communications International Inc. is expanding its newest version of high-speed Internet to areas of the Phoenix and Tucson metros, the company announced Monday

Nearly $1B in Qwest notes tendered by early deadline Denver Business Journal March 10, 2010 Qwest Communications International Inc. said Wednesday that $959.9 million in notes were tendered by Tuesday's early-participation deadline in a $1.2 billion tender offer announced Feb. 24

Qwest GC Favors Innovative Communication The National Law Journal by Richard Acello March 02, 2010 ON A QWEST Rich Baer is chief legal officer at Denver-based Qwest Communications International, the nation's third-largest telecommunications company

NSA threatened Qwest CEO with repercussions if he didn’t cut a surveillance deal Online Journal By Wayne Madsen, Online Journal Contributing Writer March 2, 2010 (WMR) WMR has learned from sources who worked in senior positions for the telecommunications company Qwest that its former chairman and CEO, Joseph Nacchio, was threatened with retaliation

Telecom giant says rural company milking federal regulations Scripps News By Steve Alexander, Minneapolis Star Tribune March 3, 2010 Is a free chat room for singles a bargain for romance or a telecom scheme to bilk Qwest?

One of Qwest's video bets may be struggling to get streaming By Andy Vuong The Denver Post March 4, 2010 During a keynote speech in December, Qwest then-executive vice president Neil Cox boasted about a strategy of delivering movies, shows and other video content to television sets over the broader Internet 

UPDATE 2-Qwest aims to cut debt 25 pct in next 12 months Sees improving debt/EBITDA ratio in 2010, 2011 Reuters Sinead Carew February 25, 2010 NEW YORK, Feb 25 (Reuters) Telecommunications carrier Qwest Communications International Inc (Q.N) said on Thursday it expected to reduce its debt by $3.5 billion, or 25 percent, over the next 12 months

Qwest a ZillionTV investor The Denver Post February 25, 2010 Qwest said Wednesday that last year it made a "very small, or immaterial, investment" in ZillionTV, a startup developing Internet-based video-on- demand service

Fiber-optic connections help grow cellular bandwidth The Denver Post Andy Vuong February 25, 2010 Pieter Poll's 13-year-old son used nearly 340 megabytes of data on his Motorola Droid smart phone last month, about 70 times more than Poll's wife consumed on her BlackBerry

Market Report -- In Play (Q) MSN Money February 24, 2010 8:01 AM ET Qwest and Qwest Capital Funding announce cash tender offer by Qwest Capital Funding

Quietly, Qwest invests in other people’s techDenverBusiness JournalGreg Avery February 24, 2010 Qwest stopped putting money into its Internet-delivered video after CEO Ed Mueller arrived in mid-2007, so it may surprise some that the Denver-based telecom invests in other company’s Internet video technology

Lawsuit: Free chats cost Qwest a bundle The regional telecom giant alleges that a rural phone company is offering Minnesota phone numbers to milk access fees from Qwest Minneapolis Star Tribune Steve Alexander February 24, 2010 - 10:43 PM Is a free chat room for singles a bargain for romance or a telecom scheme to bilk Qwest?

Qwest committee approves incentive plan The Denver Post February 23, 2010 The compensation and human-resources committee of Qwest's board of directors has approved an incentive plan for management and senior executives, according to a regulatory filing

State-of-the-Art Technology to Engage Fans in New, Exciting Ways at Target Field Market Watch February 23, 2010 MINNEAPOLIS, Feb 23, 2010 (BUSINESS WIRE) Qwest /quotes/comstock/13*!q/quotes/nls/q (Q 4.48, +0.07, +1.47%) today announced it has signed an exclusive multiyear agreement with the Minnesota Twins to deliver exciting, fan-friendly technology at Target Field. The baseball franchise has named Qwest its Official

Level 3 Should Roll Up The Long Distance Market, Analyst Says Barrons By Eric Savitz February 19, 2010 The time has come for Level 3 (LVLT) to go shopping for additional players in the long-distance telephony business, Oppenheimer analyst Timothy Horan asserts in a research note today that has stirred up considerable investor interest in the group

Hearings on illegal stock profits slated in Nacchio resentencing The Denver Post February 19, 2010 A federal judge has set a two-day hearing starting April 21 in Denver to determine what former Qwest chief executive Joe Nacchio gained on company stock he illegally sold based on insider information.

Hearing set in April in Nacchio re-sentencing The Associated Press February 18, 2010 DENVER—A federal judge has set a two-day hearing starting April 21 to determine what former Qwest CEO Joe Nacchio gained on stocks he allegedly sold based on insider information

Hearing on Nacchio resentencing Thursday Denver Business Journal February 18, 2010 Lawyers for Joseph Nacchio and federal prosecutors are at a hearing Thursday in federal court in Denver to go over procedures for the resentencing of the convicted former Qwest CEO

Qwest wrings more cash out of down 2009 The Denver Post By Aldo Svaldi February 17, 2010 Qwest squeezed more cash out of its operations last year despite declining revenues from a tough economy and a shrinking number of land-line customers

Linda Alvarado steps down from Qwest board of directors By The Denver Post 02/16/2010 01:00:00 AM MST Updated: 02/16/2010 09:31:31 AM MST Linda Alvarado, a longtime member of Qwest's board of directors, has stepped down

Decode your medical bills. Before you pay, make sure you understand all of the charges. Here are some tips Los Angeles Times By Francesca Lunzer Kritz February 15, 2010 People with health insurance who get a medical bill this early in the new year may also get some sticker shock

Qwest Buys Northern Virginia Data Center DataCenterKnowledge.com Rich Miller February 15th, 2010 Qwest Communications (Q) has acquired an existing data center in northern Virginia that will serve as the company’s 17th CyberCenter hosting facility

 

Qwest won't renew lease on downtown Denver headquarters building By Andy Vuong The Denver Post February 13, 2010 The Qwest sign that shines prominently from the Denver skyline may be going out.

 

Level 3 ready to resume hunt for acquisitions The Denver Post By Andy Vuong  February 11, 2010 More than two years removed from a spending spree that netted eight companies, Broomfield-based Level 3 Communications is looking to jump back into the acquisition fray in 2010

 

Qwest being seen as likely takeover target The Denver Post By Andy Vuong February 7, 2010 Qwest Communications appears to be on the block, with a growing number of Wall Street analysts speculating that the company is a prime acquisition target and senior management speaking more freely about consolidation

Last Duluth telephone operators lose jobs Duluth News Tribune February 5, 2010 Qwest will close its call center in Duluth after today, putting 52 directory-assistance operators out of work

Qwest to webcast Feb. 25 NYC conference with analysts Denver Business Journal February 3, 2010 Qwest Communications International Inc. said Wednesday it will a host a meeting with financial analysts Feb, 25 in New York City and will webcast the conference live

Qwest shares rise most in eight weeks The Denver Post February 3, 2010 Qwest shares rose the most in eight weeks in New York trading after Goldman Sachs Group Inc. removed the stock from its "conviction sell" list

Verizon To Cut 13,000 More Wireline Jobs; Sees No Wireless Capacity Issues From Smart Phones Barron’s By Eric Savitz January 27, 2010 They now do it every year In 2008, Verizon (VZ) cut 13,000 jobs from its shrinking wireline business. In 2009, they cut another 13,000

Qwest, regulators take aim at 'cramming' Minnesota Public Radio by Martin Moylan, January 25, 2010 St. Paul, Minn Your phone bill can include charges for a lot more than your normal chitchat

Qwest Raises $80,000 for Haitian Relief By: Business Wire Jan. 15, 2010 07:50 PM Employees of Qwest Communications (NYSE: Q) and the Qwest Foundation so far have raised a total of more than $80,000 to assist victims of the earthquake in Haiti

Business leaders look to preempt move to suspend to tax breaks The Colorado Independent Beth Potter January 14, 2010 Denver business leaders are predictably pushed back this week against Gov. Bill Ritter’s latest budget-cutting plan

Nacchio, Rigas make Time's list of top 10 'crooked CEOs' Denver Business Journal Thursday, January 14, 2010 Joe Nacchio, the former Qwest CEO convicted on insider trading charges, has been named to Time magazine's "Top 10 Crooked CEOs" list

Judge won't postpone testimony in Qwest case The Denver Post January 13, 2009 A federal judge rejected a request by the U.S. Intelligence Community to postpone testimony from a potential witness in a civil fraud case against five former Qwest officials, including former chief executive Joe Nacchio

Judge denies new trial for ex-Qwest CEO Nacchio Catherine Tsai The Associated Press January 13, 2010 DENVER A federal judge in Denver has denied former Qwest CEO Joseph Nacchio's request for a new trial on insider trading charges

Nacchio denied new trial The Denver Post Andy Vuong January 13, 2010 A federal judge today denied Joe Nacchio's motion for a new trial, effectively ending the former Qwest chief executive's efforts to overturn his conviction for illegal insider trading

Signs of life in the SEC case against Nacchio, other ex-Qwest execs Denver Business Journal Greg Avery January 11, 2010 The Securities and Exchange Commission’s civil case against Joseph Nacchio and four other former Qwest executives revs up this week in Denver in advance of a summer trial

10-digit dialing debuts. It went smoothly for the most part, but not without a little whining The Mail Tribune By JOHN DARLING, for the Mail Tribune January 12, 2010 It was a rare person who didn't complain Monday about having to dial 10 digits for local calls — but the biggest bother came with resetting call-forwarding, speed-dialing and alarm systems

Believe it - you are on your own for retirement. Fresh evidence proves that, yes, you are on your own for retirement Star Tribune, Minneapolis St. Paul Neal St. Anthony, Columnist January 12, 2010 The standard and comfort level you will have in retirement will be nothing like your parents or grandparents

Potential Qwest witnesses to appear in court The Denver Post Andy Vuong January 9, 2010 Several potential expert witnesses will appear in federal court next week in a civil fraud case pending against five former Qwest officials, including former chief executive Joe Nacchio

Celebration of broadband report is premature The Denver Post By Chuck Ward January 9, 2010 Re: "The state says 97.5 percent of Colorado residents have access to high-speed Internet

Qwest sets new FTTN goals, maintains bundling focus FierceTelecom Sean Buckley January 6, 2010 As Qwest continues to shift its mindset towards becoming more of a broadband services company, the telco has set the bar to bring Fiber to the Node (FTTN) services to half of its 14-state footprint

Qwest sets giving record with 2009 donations of $10.5M Denver Business Journal Bob Mook Friday, January 8, 2010 In 2009, Denver-based telecommunications giant tions giant Qwest Communications International Inc. gave more to charitable causes than in any of the past 10 years

Qwest sells $800M in debt securities Denver Business Journal Friday, January 8, 2010, 11:39am MST Qwest Communications International Inc. sold $800 million in debt securities Thursday that mature in 2018 and will help it pay $525 million in debt coming due next year

One woman turned her interest in teaching into a second career Des Moines Register Patt Johnson January 8, 2010 Barb Harrington took advantage of a company benefit during her 34-year tenure at Qwest, the metro's telephone company

CORRECTED - UPDATE 1-Qwest expects 09 earnings at upper end (Corrects throughout to reflect earnings, cash flow forecasts were for 2009, not 2010) REUTERS Ian Sherr January 6, 2010 SAN FRANCISCO, Jan 6 (Reuters) - Qwest Communications International Inc (Q.N) said that it expects its full-year 2009 pre-tax earnings to come in near the higher end of its forecast range, and forecast higher free cash flow and lower pension costs

Qwest Foundations teams with employees to donate $10.5 million The Daily Tell January - 6 – 2010 Despite the tough times faced by many in 2009 due to the continued economic downturn, Qwest Communications, its employees and the Qwest Foundation increased their commitment to community service by collectively donating more than $10.5 million

Qwest shops its LD network again (with local attached) TELEPHONY ONLINE Ed Gubbins Jan 6, 2010  “We’re agnostic about being a buyer or a seller,” said Ed Mueller, CEO of Qwest Communications

 

Minneapolis' $20 million Wi-Fi completed Star Tribune Steve Alexander January 4, 2010 It is hilarious to read the level of stupidity on people's comments: "What a waste of tax dollars!"

Workforce Solutions unveils new services New Mexico Business Weekly January 5, 2010 The Department of Workforce Solutions is rolling out a new voice mail notification system for those claiming unemployment insurance

Qwest takes the 100 Gbps challenge FierceTelecom Newsletter Sean Buckley September 3, 2009 Following the lead of Telstra and Verizon with their respective 100 Gbps trials, Qwest Communications is upgrading its network to deliver 100 Gbps services to customer edge sites

 

FierceTelecom 2010 Prediction: Qwest goes to the auction block? FierceTelecom Newsletter Sean Buckley, FierceTelecom January 3, 2010 With many of the tier 2 telcos buying one another, it's probably only a matter of time before one of them gets ambitious and makes a possible move for Qwest, the smallest of the remaining three RBOCs

Local calls will extend to 10 digits next Sunday Mail Tribune Bill Kettler January 03, 2010 Southern Oregon's seven-digit telephone numbers will go the way of the passenger pigeon beginning Jan. 10

Out of the mouths of babes, life-changing advice Minneapolis Star Tribune Dick Youngblood, Small Business writer December 31, 2009 John Quinliven's executive job kept him on the road most of the time. After a comment by his 6-year-old daughter, he knew it was time to go in a new direction

Qwest Lays Death Benefit to Rest Albuquerque Journal Michael Hartranft, Journal Staff Writer December 30, 2009 Qwest Communications will eliminate its pension death benefit for thousands of retirees, including many living in New Mexico, starting March 1

Lewis: 2009 could only make us miss 1999 By Al Lewis Dow Jones Newswires December 30, 2009 It's not like Prince sang, "Tonight I'm gonna party like it's 2009." 

Court Backs Nebraska in Rate Dispute With Qwest LINCOLN, Neb. December 29, 2009 (AP) The Associated Press Federal appeals panel upholds ruling in Nebraska's favor in Qwest rate dispute case

Should Dubuque pursue public telecom? The Telegraph Herald BY M.D. KITTLE, Telegraph Herald ASSISTANT CITY EDITOR December 29, 2009 The truce with Mediacom might be over after the company received a state franchise agreement under a 2007 law

Qwest to save about $220 million by cutting retiree death benefits By Andy Vuong The Denver Post December 29, 2009 Qwest is eliminating pension death benefits for thousands of retirees, a move that could cut the Denver-based company's liabilities by about $220 million.

Qwest ending death benefits for retirees in '10 Seattle Post Intelligencer December 29, 2009 THE ASSOCIATED PRESS DENVER -- Qwest says it will eliminate death benefits for retirees starting in March

Qwest to cut retirees' pension death benefits, worth $220 million By Andy Vuong The Denver Post December 29, 2009 Qwest is eliminating pension death benefits for thousands of retirees 

Needy family receives a very merry Christmas Bismarck Tribune Steve Wallick December 21, 2009 (The Tribune asked readers to submit stories about “Christmas angels,” someone who had been kind or helpful to them. Katie Krukenberg wanted to share this story.)

 

Ready to start dialing 10 digits? The Bulletin By Andres Navarro December 22. 2009  What you need to know

Qwest arranges $1B in new credit Denver Business Journal December 21, 2009 Qwest Communications International Inc. said Monday it has lined up just over $1 billion in new credit

Qwest donates $25,000 for education New Mexico Business Weekly December 22, 2009 Qwest Communications International donated $25,000 for five educational projects in New Mexico

Court Certifies Class of Call Center Employees Represented by Nichols Kaster, PLLP in Lawsuit Against Qwest Communications Marketwire December 22, 2009 MINNEAPOLIS, MN -- (Marketwire)12/22/09 On December 16, 2009, the District Court of Minnesota certified several classes of hundreds of employees working in Qwest Communications' Small Business and Consumer Call Centers who are alleging that Qwest failed to pay them for time working "off-the-clock."

Everything on One Calendar, Please The New York Times Corner Office Published: December 26, 2009 This interview with Teresa A. Taylor, the chief operating officer of Qwest, was conducted and condensed by Adam Bryant

Judge puts parameters on Nacchio resentencing The Denver Post Business Briefs December 19, 2009 A federal judge will resentence former Qwest chief executive Joe Nacchio in a two-step process but will not completely redo the sentencing

Qwest Declares Quarterly Dividend of $0.08 By: Business Wire Dec. 17, 2009 09:05 AM Qwest Communications (NYSE: Q) today announced its board of directors declared a quarterly dividend of $0.08 per share

UBS says Qwest may be a takeout candidate; shares up Reuters December 15, 2009 UBS upgraded Qwest Communications International Inc. to "buy" from "neutral," and said the company could be a takeout candidate for one of the rural telephone operators, sending its shares up as much as 5 percent.

Justices again say no to Nacchio U.S. Supreme Court nixes ex-Qwest CEO's plea to reconsider passing on his appeal By Andy Vuong The Denver Post December 1, 2009 The U.S. Supreme Court, which in October declined to hear Joe Nacchio's appeal of his conviction for illegal insider trading, on Monday rejected the former Qwest chief executive's request to reconsider that ruling

U.S. Supreme Court denies Nacchio again By Andy Vuong The Denver Post  November 30, 2009 The U.S. Supreme Court, which in October denied Joe Nacchio's petition for a review of his insider trading conviction, today rejected the former Qwest chief executive's request for reconsideration

Supreme Court won’t hear Nacchio’s case; resentencing ahead Denver Business Journal - by Greg Avery Monday, October 5, 2009, 9:08am MDT  |  Modified: Tuesday, October 6, 2009, 9:39am The U.S. Supreme Court on Monday denied ex-Qwest CEO Joe Nacchio’s petition to have his case heard and possibly overturned by the justices.

Qwest CEO sees opening for mergers By Amy Thomson, Bloomberg News Denver Post Friday, September 18, 2009 Qwest chief executive Ed Mueller said there are more opportunities for acquisitions now because stock prices have dropped through the recession

Qwest selects new COO. Teresa Taylor, who has worked in various posts at the firm, replaces Tom Richards, who resigned By Andy Vuong Denver Post Tuesday, September 1, 2009 Qwest announced Monday that Teresa Taylor has been selected to replace Tom Richards as chief operating officer

Sol Trujillo's 32pc cut in total remuneration nets $9m By Staff Reporters The Australian (WSJ) Thursday, August 13, 2009 Sol Trujillo took a 32 per cent cut in total remuneration in his final year as Telstra's chief executive, receiving $9.06 million

Qwest drops perk for execs. The payouts to cover unreported expenses were eliminated following complaints by a shareholder By Andy Vuong Denver Post Saturday, August 22, 2009 Qwest has eliminated a perk in which top executives were given tens of thousands of dollars a year to cover unreported expenses, the company disclosed in a filing Friday

Qwest CEO puts home on market. Ed Mueller wants to sell his house near Cherry Creek, but Qwest says he won't leave Denver By Andy Vuong
Denver Post Wednesday, August 19, 2009
Qwest chief executive Ed Mueller has put his 9,200-square-foot mansion near Cherry Creek on the market for $4.7 million

Qwest to shut off its wireless service October 31 By Sinead Carew Reuters Aug 18, 2009 NEW YORK (Reuters) - Qwest Communications International Inc said on Tuesday that it would discontinue its own-brand wireless service at the end of October and started telling customers they need to switch to another service

U.S. lets Nacchio ruling stand. Prosecutors won't challenge a court order expected to lower the ex-CEO's prison term By Andy Vuong Denver Post
Tuesday, August 18, 2009
The U.S. Department of Justice will not appeal a decision that ordered a new sentence for former Qwest chief executive Joe Nacchio, an agency spokeswoman said Monday

Telstra admits denying network access to rivals. Telstra could face a fine of up to $300 million after admitting to the Federal Court it was guilty of misleading and deceptive conduct in denying competitors access to its copper network By Mitchell Bingemann The Australian Thursday, August 6, 2009 It is understood Telstra made the startling admission in a defence filing lodged with the Federal Court on July 31

Re-sentence for Nacchio not unusual. A ruling that might shorten his jail term isn't rare with financial crime, some say By Andy Vuong Denver Post
Wednesday, August 5, 2009
A ruling last week that could shorten Joe Nacchio's six-year prison term for insider trading surprised many retirees and shareholders who blame the former Qwest chief executive for the company's financial meltdown earlier this decade

Joe Nacchio's possible prison terms By Andy Vuong Denver Post Monday, August 3, 2009 On Friday, a federal appeals panel ruled that former Qwest CEO Joe Nacchio’s six-year prison term for insider trading was too long and sent the case back to the district court for resentencing

Court Says Nacchio Prison Term Improper By Dionne Searcey The Wall Street Journal Friday, July 31, 2009 A federal appellate court has ruled Joseph Nacchio, former chief executive of Qwest Communications International Inc., was improperly sentenced after his 2007 conviction for insider trading

Nacchio's jail time could be cut. An appellate panel finds that the trial judge erred in calculating his sentence and forfeiture By Andy Vuong and Sara Castellanos Denver Post Saturday, Aigist 1, 2009 A federal judge miscalculated when he sentenced Joe Nacchio to a six-year prison term for illegal insider trading and ordered the former Qwest chief executive to forfeit $52 million, a three-judge appeals-court panel ruled Friday in reversing his original sentence

Appeals court orders new, shorter sentence for ex-Qwest CEO Joe Nacchio By P. Solomon Banda Mpls Star Tribune Saturday, August 1, 2009 DENVER An appeals court has ordered a new, shorter sentence for ex-Qwest CEO Joe Nacchio, saying his 6-year term for insider trading was too long

House Backs Greater Say On Pay by Shareholders Bill Also Adds to Regulators' Power to Curb Compensation By David Cho and Tomoeh Murakami Tse, Staff Writers Washington Post Saturday, August 1, 2009 The House approved legislation Friday that would give shareholders greater say over executive pay and expand the powers of regulators to limit compensation packages that they deem improper

Budget paring and more high-speed-Internet subscribers help boost its second-quarter showing By Andy Vuong The Denver Post Posted: 07/30/2009 01:00:00 AM MDT Updated: 07/30/2009 02:24:30 AM MDT Cost cutting and high-speed-Internet subscriber growth helped Qwest post an 18 percent increase in second-quarter earnings, but the company continues to lose phone customers at an accelerating rate

Qwest posts 18% jump in 2nd-quarter earnings By Andy Vuong The Denver Post Posted: 07/29/2009 07:45:28 AM MDT Updated: 07/29/2009 03:00:37 PM MDT Qwest posted an 18 percent increase in earnings during the second quarter, spurred by cost cuts and growth in large business customers and residential high-speed Internet subscribers

A retiree raises a fuss after letters and e-mails go without responses By Andy Vuong The Denver Post Posted: 07/29/2009 01:00:00 AM MDT When Qwest's board of directors successfully beat back a proposal this year to let minority shareholders call special meetings, it contended the company already had "open lines of communications with stockholders."

Support Slips for Tax on Employee Health Benefits By Greg Hitt and Janet Adamy The Wall Street Journal Wednesday, July 8, 2009 WASHINGTON Senators are cooling to a proposal that would impose a first-ever tax on employer-provided health insurance and are giving renewed attention to taxes on the wealthy to pay for a sweeping health-care overhaul

High court mum on Nacchio. The Supreme Court heard the ex-Qwest CEO's petition last week By Andy Vuong Denver Post Tuesday, June 30, 2009 The U.S. Supreme Court didn't disclose Monday whether it will review former Qwest chief executive Joe Nacchio's appeal of his insider-trading conviction, signaling to his attorneys that the case may be garnering deep consideration

Disclosure sensitizes directors to providing perks. Companies' top officers often get lavish perks, but disclosure has sensitized directors lately By Aldo Svaldi Denver Post Friday, June 19, 2009 Liberty Media provides chief executive Greg Maffei and chairman John Malone access to an apartment, a company car with driver and catering services when they visit New York City

Arnie targets Trujillo. Sol Trujillo thought he had government problems at Telstra!  It turns out his unedifying brawls with Canberra were nothing compared with the brouhaha brewing between US retail giant Target, where he's been glued to a board seat for 15 years, and the government of Arnold Schwarzenegger By Rebecca Urban The Australian (WSJ) Wednesday, June 17. 2009 According to Californian Attorney-General Jerry Brown and 20 district attorneys, Target stores across California have been illegally dumping hazardous wastes in landfills

Obama Is Pressed to Tax Health Benefits. Seeking GOP Votes, Democrats Split Over Plan for New Levy By Lori Montgomery and Ceci Connolly, Staff Writers Washington Post Monday, June 15, 2009 The White House is caught in a battle within its own party over how to finance a comprehensive overhaul of America's health-care system, as key Democrats advocate a tax plan that could require President Obama to break his campaign pledge not to raise taxes on the middle class

Tax on Health Benefits Weighed. Senator Calls Levy 'Perhaps the Best Way' to Pay for Overhaul By Lori Montgomery, Staff Writer Washington Post Wednesday, June 10, 2009 A Senate plan to overhaul the nation's health system is likely to include a new tax on some employer-provided health benefits that exceed the value of the basic plan offered to federal employees, currently about $13,000 a year for a family of four, the chairman of the Senate Finance Committee said yesterday

Kennedy Readies Health-Care Bill By Ceci Connolly, Staff Writer Washington Post Saturday, June 6, 2009 Sen. Edward M. Kennedy (D-Mass.) has laid down the first marker in this year's debate over how to revamp the nation's health-care system

Qwest's Long-Distance Arm Draws Bids Below Targets By Amol Sharma
The Wall Street Journal Friday, June 5, 2009
Preliminary bids for Qwest Communications International Inc.'s long-distance business are coming in well below the $2 billion to $3 billion it sought

Supreme Court justices could review Nacchio's case June 18 Denver Post Wednesday, June 3, 1009 Former Qwest chief executive Joe Nacchio's petition for a Supreme Court review of his insider-trading conviction could be considered as early as June 18

Qwest's Burnett now running school of hard knocks By Al Lewis, Dow Jones Newswires Denver Post Monday, June 1, 2009 Jessica Rosales was one of those kids, watching TV, wondering what to do about the future, and seeing a commercial about Westwood College

Kennedy's Health-Care Measure To Require Employers to Chip In By Ceci Connolly, Staff Writer Washington Post Friday, May 29, 2009 Sen. Edward M. Kennedy (D-Mass.) is circulating the outlines of sweeping health-care legislation that would require every American to have insurance and would mandate that employers contribute to workers' coverage

Shareholders Support Target in Blow to Ackman By Zachery Kouwe and Joe Nocera New York Times Thursday, May 28, 2009 Shareholders of the retail giant Target delivered a stinging defeat to the activist investor William A. Ackman on Thursday, re-electing all of the company’s nominees to the board in one of the most closely watched proxy contests of the season

Trujillo's rant is nothing more than sour grapes, says Victorian Premier John Brumby By Staff Reporters The Australian (WSJ) Tuesday, May 26, 2009 After slipping out of Australia ahead of his June 30 resignation date and just days after boasting of his achievements at Telstra at a conference in San Diego, Mr Trujillo told the BBC that being in Australia was like "stepping back in time''

Saviour Sol preaches his mobile makeover By Geoff Elliott in San Diego The Australian (WSJ) Saturday, May 23, 2009 Sol Trujillo was back among friends in San Diego this week and doing what he seems to do best -- selling himself

'I changed Australia': Sol Trujillo. Sol Trujillo's scorn for the Rudd Government's $43 billion national broadband plan on the sidelines of a technology conference in the US prompted a rebuke from Australia's consul-general to New York, Phil Scanlan, and dismay among others who regard the project as cutting edge The Australian (WSJ) Sunday, May 24, 2009 Apart from changing Telstra he claims to have also "changed Australia"

For Baucus, Health Care Is the Issue Of a Lifetime. Legislation Could Define His Career, His Party By Shailagh Murray and Ceci Connolly, Staff Writers Washington Post Sunday, May 24, 2009 Max Baucus, chairman of the Senate Finance Committee, may be President Obama's most critical ally on health-care reform

Feds get second extension for Nacchio response Denver Post Saturday, May 23, 2009 The government has been granted a second extension to file its response to former Qwest chief executive Joe Nacchio's request for a U.S. Supreme Court review of his insider- trading conviction

Ackman, Target practice art of proxy war By Jackie Crosby Mpls Star Tribune Saturday, May 23, 2009 The blows are hitting faster and lower as the proxy fight between Target Corp. and activist investor William Ackman enters its final week

Tax on Medical Benefits Gains Traction. Health-Care Overhaul Could Be Funded by Levy on Employer-Paid Insurance Premiums By Lori Montgomery, Staff Writer Washington Post  Friday, May 22, 2009 A new tax on employer-provided health insurance is emerging as a likely option to finance an overhaul of the nation's health-care system, key Democrats say, despite opposition from organized labor and possibly the Obama administration

UAW, GM Reach Accord By Sharon Terlep The Wall Street Journal Thursday, May 21, 2009 General Motors Corp. and the United Auto Workers reached a deal that will reduce the auto maker's $20 billion obligation to fund retiree medical obligations, the union announced Thursday

Unions vs. Taxpayers. Organized labor has become by far the most powerful political force in government By Steve Malanga The Wall Street Journal Thursday, May 14, 2009 Across the private sector, workers are swallowing hard as their employers freeze salaries, cancel bonuses, and institute longer work days

GM Nears Crucial Deal With UAW By John D. Stoll The Wall Street Journal Friday, May 15, 2009 General Motors Corp., under the direction of the U.S. Treasury, is near a deal that would cut its hourly labor costs by more than $1 billion a year and reduce its $20 billion pledge to the United Auto Workers to cover health-care obligations, said people familiar with the matter

Qwest to decide later on Nacchio fees By Andy Vuong Denver Post Thursday, May 14, 2009 Qwest general counsel Rich Baer said today that the company would wait until after former Qwest chief executive Joe Nacchio has exhausted all of his appeals before deciding whether or how to recover the money it has advanced for Nacchio’s legal fees

Bankruptcies Swell Deficit at Pension Agency to $33.5 Billion By Eric Lipton New York Times Wednesday, May 20, 2009 WASHINGTON The deficit at the federal agency that guarantees pensions for 44 million Americans more than doubled in the last six months to a record high, reaching $33.5 billion

Ailing Chrysler's pensions underfunded Denver Post Wire Services Wednesday, May 20, 2009 Bankrupt Chrysler's pension plans may be underfunded by more than $10 billion, the federal Pension Benefit Guaranty Corp. has estimated

Much washing of hands with quiet last supper for Sol. It's an abrupt and rather undignified end to one of the more explosive careers in Australian corporate history By Mitchell Bingemann and Jennifer Hewett The Australian (WSJ) Tuesday, May 19, 2009 Sol Trujillo's very quiet exit from Australia means a new and much less aggressive image for Telstra under his successor, David Thodey

D.C. telecom cites price in spurning Qwest asset The Denver Post Tuesday, May 19, 2009 Washington, D.C.-based Cogent Communications looked at Qwest's fiber-optic network and decided not to consider purchasing it because the asking price was too high relative to its profitability, Cogent chief executive Dave Schaeffer said at an investor conference Monday

Senior Federation to shut down By Warren Wolfe Mpls Star Tribune Tuesday, May 19, 2009 Leaders of a pioneering advocacy group that initiated bus trips to Canada for cheaper medications, then the nation's first nonprofit website for those drugs, voted Monday to dissolve

Optus makes pitch for Telstra break-up. Optus has added its voice to the chorus calling for the structural separation of Telstra, outlining four key regulatory changes it considers necessary for the success of the Government's $43 billion national broadband network. By Mitchell Bingemann The Australian (WSJ) Monday, May 18, 2009 On April 7 the Government announced that the original NBN would be terminated and replaced with a state-owned enterprise to build a $43 billion fibre-to-the-home network

Chrysler Expands Worker Retirement, Separation Plan By Kerry E, Grace
The Wall Street Journal Monday, May 18, 2009
Chrysler LLC will expand its retirement and separation program for employees at seven facilities it is set to close before December 2010 as part of its restructuring plan

Court Rules Old Maternity Leave Doesn't Count Toward Pension  Associated Press The Wall Street Journal Monday, May 18, 2009 WASHINGTON -- Women who took maternity leave before it became illegal to discriminate against pregnant women, can't sue to get their leave time to count for their pensions, the Supreme Court ruled Monday

Star Tribune sues drivers' union after failure to reach pensions deal. The Star Tribune has sued its Teamsters drivers in an effort to void their contract. By HERÓN MÁRQUEZ ESTRADA Mpls Star Tribune Monday, May 18, 2009 As it continues to try to extricate itself from bankruptcy, the Star Tribune on Sunday filed suit against Teamsters Local 638 in an attempt to cancel its fleet drivers' contract and stop funding their pension plan

Verizon, Frontier in Deal for Wirelines By Kevin Kingsbury The Wall Street Journal Wednesday, May 13, 2009 Verizon Communications Inc. agreed to sell 4.8 million access lines in 14 states to Frontier Communications Corp. for $5.25 billion in stock, tripling that company's size and making it the nation's largest communications provider focused on rural areas

Idea on Hill:  Taxing Health Benefits By Janet Adamy The Wall Street Journal Wednesday, May 13, 2009 The idea of taxing employee health-care benefits to raise money for an overhaul of the health system is gaining strength in Congress, although it drew criticism from Barack Obama when he was campaigning for president

Social Security, Medicare Face Insolvency Sooner By T.W. Farnam The Wall Street Journal Wednesday, May 13, 2009 WASHINGTON The government revised estimates for the long-term solvency of Medicare and Social Security on Tuesday, moving up the date when trust funds for the entitlement programs will run out of money

No public offers yet for Qwest network. But the telecom hasn't confirmed the fiber-optic system is up for sale By Steve Raabe Denver Post  Tuesday, May 12, 2009 No buyers have publicly surfaced for Qwest's fiber-optic communications network following news reports that it was put up for sale nearly six weeks ago, leaving analysts wondering whether anyone will step up

Ranks of Older Workers Swell as Losses Shorten Retirement By Kelly Evans The Wall Street Journal Friday, May 9, 2009 SCOTTSDALE, Ariz. Jose Villareal once had a successful career as a franchising executive with Pepsi Co.  Now, at the age of 67, he can't even get a job as a school custodian

Ex-chairman Donald McGauchie loses last Telstra fight By Jennifer Hewett The Australian News Saturday, May 9, 2009 The simmering Telstra showdown came out into the open at the company's board meeting on Wednesday

AT&T Buys Some Assets From Verizon Wireless By Bloomberg News New York Times Saturday, May 9, 2009 AT&T, the country’s second-biggest wireless phone company, agreed Friday to pay $2.35 billion in cash to buy assets put up for auction by Verizon Wireless

Chicago museum asks people to help count squirrels. How many are in your Zip code? Notebaert Nature Museum, UIC want to know Associated Press Chicago Sun Times Tuesday, May 5, 2009 How many squirrels are in your Zip code?

Qwest broadens broadband brand. Playful ads now airing are trying to change its image from a traditional phone company By Andrew LaVallee, The Wall Street Journal Denver Post Friday, May 8, 2009 Qwest Communications International is out to rebrand itself as a broadband provider rather than a traditional telecommunications company, wielding a playful ad campaign to advance the effort

Telstra on hold as contenders vie for top job By Michael Sainsbury The Australian (WSJ) Monday, May 4, 2009 TELSTRA this week faces its most critical board meeting since listing in 1996 as it mulls the appointment of a new chief executive to replace Sol Trujillo and prepares for a restructure of the telecoms sector

Investors seek more input on executive pay. Shareholders for companies such as Qwest are seeking oversight over compensation packages at upcoming annual meetings By Steve Raabe Denver Post Sunday, April 3, 2009 Disgruntled investors increasingly are calling for shareholder oversight of executive compensation, putting large businesses on notice that corporate salaries must reflect companies' financial performance

Qwest Earnings Rise 37% as it Culls Low-End Customers By Roger Cheng The Wall Street Journal Wednesday, April 29, 2009 Qwest Communications International Inc.'s first-quarter profit rose 37% through cost cuts, but the telecommunications provider faced intense pressure on its land-line operations

Australia Starts Antitrust Case Against Telstra By Lydal McFarland The Wall Street Journal Monday, April 20, 2009 Australian regulators started legal proceedings against Telstra Corp. for allegedly refusing rivals access to key parts of its network

U.S. Chamber backs Nacchio's high-court petition By Andy Vuong Denver Post Monday, April 27, 2009 Former Qwest chief executive Joe Nacchio has a new ally: the U.S. Chamber of Commerce

Nacchio attorneys request hearing on testimony By P. Solomon Banka, AP Writer Denver Post Tuesday, April 28, 2009 DENVER  Attorneys for Qwest CEO Joe Nacchio are asking a judge for a hearing to consider new testimony from the prosecution's star witness that they say would prove their client's innocence

Telstra shareholders victims By Michael Sainsbury The Australian  Monday, April 27, 2009 Two weeks after Sol Trujillo strode into his new offices at Telstra, he summoned his chairman, Donald McGauchie, to dinner at a Melbourne restaurant

Verizon hires Qwest legislative exec By Sami Lais Washington Technology Thursday, April 23, 2009 Legislative and government relations specialist Shirley Bloomfield has traded her job at one Networx telecommunications provider for a similar position at another

Qwest tops among Colorado companies on Fortune 500 Denver Post Tuesday, April 21, 2009 Qwest landed the top spot for Colorado companies on the 2009 Fortune 500 list.  The telecom was one of 11 Colorado companies on the list this year

Pay Rule Led Chrysler to Spurn Loan, Agency Says. Firm Claims It Didn't Need The Government Infusion By David Cho, Peter Whoriskey and Amit R. Paley, Staff Writers Washington Post Tuesday, April 21, 2009 Top officials at Chrysler Financial turned away a government loan because executives didn't want to abide by new federal limits on pay, according to new findings by a federal watchdog agency

The sky’s no limit for CEO perks. Fortune 100 companies (shareholders, that is) are spending more and more on private jets for top executives -- who can use them for personal tasks, like dropping off kids at school By Michael Brush MoneyCentral.msn.com Saturday, April 18, 2009 Delayed flights.  Lost bags.  The shoe dance at the security gate

Qwest to close call centers in Omaha, Littleton by July 15 Denver Post By Aldo Svaldi Thursday, April 16, 2009 Qwest Communications said Wednesday it will close customer-service call centers in Littleton and Omaha by July 15

Qwest to end its namesake wireless service By Andy Vuong Denver Post Tuesday, April 14, 2009 Qwest-branded wireless service is headed the way of Betamax

Ex-judge hangs out shingle By Penny Parker, Columnist Denver Post Friday, April 17, 2009 Former Chief U.S. District Judge Edward Nottingham, the man who sent ex-Qwest chief Joe Nacchio to the slammer for six years for illegal insider trading, has hung out his lawyer's shingle in downtown Denver

Nacchio enters Pa. prison for six-year term. The former Qwest CEO may get bail if the Supreme Court decides in June to review his insider-trading conviction By Andy Vuong Denver Post Wednesday, April 15, 2009 Updated: 04/15/2009 12:38:03 AM MDT Former Qwest chief executive Joe Nacchio arrived Tuesday at a federal prison in Pennsylvania in the back seat of a sport utility vehicle to begin a six-year sentence

Ex-Qwest chief Nacchio reports to prison in Pennsylvania By Andy Vuong Denver Post Tuesday, April 14, 2009 Updated: 04/14/2009 02:46:58 PM MDT Former Qwest chief executive Joe Nacchio was driven in a dark SUV with tinted windows to a federal prison today in Pennsylvania for the start of a six-year term

Headed to Jail. Nacchio Set to Start Serving Six-Year Sentence After Long Legal Battle By Dionne Searcey The Wall Street Journal Tuesday, April 14, 2009 Joseph Nacchio, the former chief executive of Qwest Communications International, Inc., is expected to head to federal prison Tuesday, nearly two years after a judge sentenced him to serve six years for insider trading

Nacchio's options dwindle. A federal court denies his bid for bail. Unless the Supreme Court steps in, he'll enter prison today By Andy Vuong Denver Post Tuesday, April 14, 2008 A federal appeals court panel denied bail Monday to Joe Nacchio, prompting the former Qwest chief executive to make a last-ditch request to the U.S. Supreme Court to avoid going to prison today

In prison, just another Joe (Nacchio). Set to check in Tuesday, Nacchio will be stripped of his stature, says one who's been there By Andy Vuong Denver Post Sunday, April 12, 2009 Should Joe Nacchio report to a federal prison in Pennsylvania as expected Tuesday, the former Qwest chief executive will be strip-searched and issued a green button-up shirt and matching pants

Prosecutors fight Nacchio's bid to stay free Denver Post Friday, April 11, 2009 Posted: 04/11/2009 12:30:00 AM MDT Federal prosecutors asked an appeals court Friday to deny former Qwest chief executive Joe Nacchio's latest bid to delay when he must report to prison

Qwest asset sale rumors go up in smoke By Sami Lais Washington Technology Wednesday, April 8, 2009 The rumored sale by Networx contract holder Qwest Communications International Inc. of its long-haul network is, as suggested by telecom analyst Warren Suss, “mere speculation.”

Bail request heads to higher court. An appellate court is asked to stay an order to report to prison next week pending a ruling by the Supreme Court By Andy Vuong Denver Post Thursday, April 9, 2009 Former Qwest chief executive Joe Nacchio renewed his request for bail Wednesday

US prosecutors attack Nacchio's bid for new trial By Catherine Tsai, AP Business Writer Denver Post Tuesday, March 7, 2009 DENVER — Federal prosecutors have asked a judge to deny former Qwest CEO Joseph Nacchio's motion for a new trial on insider trading charges, saying that new evidence Nacchio says he has uncovered isn't really new

US prosecutors attack Nacchio's bid for new trial By Catherine Tsai, AP Business Writer Denver Post Tuesday, March 7, 2009 DENVER — Federal prosecutors have asked a judge to deny former Qwest CEO Joseph Nacchio's motion for a new trial on insider trading charges, saying that new evidence Nacchio says he has uncovered isn't really new

Nacchio has date with detention. Former Qwest CEO due in prison Tuesday after request to stay free on bail denied By Andy Vuong Denver Post Wednesday, April 8, 2009 Former Qwest chief executive Joe Nacchio must report to prison Tuesday to being serving a six-year prison term for illegal insider trading

Qwest Warns of Lower Revenue By Jay Miller The Wall Street Journal Wednesday, April 8, 2009 Qwest Communications International Inc. warned that it expects first-quarter revenue to come in "modestly" below Wall Street expectations, but did say it expects adjusted earnings to come in above views

OK, now Nacchio really is going to prison DowJones Newswires Posted by Al Lewis on April 07, 2009 Embattled Execs The on-again, off-again prison sentence for former Qwest CEO Joe Nacchio is back on again

Companies Seek Shareholder Input on Pay Practices. Amid Anger Over Compensation Packages, Executives and Directors Look for New Ways to Appease Investors  By Phred Dvorak The Wall Street Journal Monday, April 6, 2009 As outrage grows over executive-pay practices, biotechnology firm Amgen Inc. is taking the unusual step of asking shareholders what they think of its compensation plan

AT&T and union talks continue past deadline By Joshua Freed, AP Business Writer Denver Post Sunday, April 5, 2009 AT&T and unions for its landline workers were working past a strike deadline early Sunday to try to reach agreement on a new contract

Qwest poised for total sale? Analysts see that as a possibility if it sells off its fiber-optic network  By Steve Raabe Denver Post Friday, April 3, 2009
Qwest's possible sale of its nationwide fiber-optic network could be a prelude to selling the rest of the company, analysts said Thursday

Qwest Seeks To Sell Piece Of Its Nelwork By amol Sharma and Dana Cimilluca The Wall Street Journal Tuesday, April 2, 2009 Qwest Communications International, Inc. struggling to pare a hefty debt load, is seeking a buyer for a key piece of its telecommunications network, according to people familiar with the matter

Qwest eyes network sale. Selling the fiber-optic communications network could bring in $3 billion By Andy Vuong Denver Post Tuesday, April 2, 2009 Denver-based Qwest is considering a sale of its nationwide fiber-optic communications network, an asset that could be valued at $2 billion to $3 billion, according to The Wall Street Journal

Blame Is Put on Management, but Hourly Workers, Retirees Face More Pain By Matthew Dolan The Wall Street Journal Tuesday, March 31, 2009 DETROIT -- President Barack Obama's recovery plan for General Motors Corp. and Chrysler LLC appears to take aim at union retirees, a usually reliable Democratic constituency

Social Security payments to begin in May By Darlene Superville Google News Thursday, March 26, 2009 WASHINGTON (AP) — People who collect Social Security or disability benefits will share $13 billion in federal money, each receiving a one-time, $250 payment beginning in May, Vice President Joe Biden said Thursday

Prosecutor:  Long jail time fitting (for two ex-KPMG execs). Twenty-four year sentences are urged for two ex-KPMG execs convicted of selling illegal tax shelters By David Glovin, Bloomberg News Denver Post Friday, March 27, 2009 NEW YORK Two former KPMG executives convicted of tax fraud should receive prison terms of as much as 24 years when they come before a judge next week for sentencing, prosecutors said

Feds win extension in Nacchio's bid for new trial Denver Post Wednesday, March 25, 2009 Federal prosecutors have been granted a one-week extension to respond to former Qwest chief executive Joe Nacchio's motion for a new trial

Nacchio's Supreme Court petition not necessarily a reach By Al Lewis, Dow Jones Newswires Denver Post Wednesday, March 25, 2009 Former Qwest Communications International Inc. CEO Joe Nacchio took a lot of abuse when he was on trial in Denver in 2007 on multiple insider-trading counts

Stay of prison term frustrates retirees. Many blame the former Qwest CEO for paper losses to their retirement accounts By Andy Vuong Denver Post Tuesday, March 24, 2009 Qwest retirees are outraged that former chief executive Joe Nacchio remains free on $2 million bond two years after his insider-trading conviction

Nacchio was to have reported to prison Monday The Associated Press Denver Post Monday, March 23, 2009 Updated: 03/23/2009 08:06:21 AM MDT DENVER Disgraced former Qwest CEO Joe Nacchio will be sleeping in his own bed Monday night

Nacchio wins go-to-prison reprieve.Qwest's ex-CEO won't have to report to jail while the judge reviews his high-court petition By Andy Vuong Denver Post Saturday, March 21, 2009 U.S. District Judge Marcia Krieger on Friday revoked an order requiring former Qwest chief executive Joe Nacchio to report to prison Monday to begin serving a six-year sentence for illegal insider trading

His bail request is being considered. A "suspicious growth" on his leg has been found to be benign By Andy Vuong Denver Post Friday, March 20, 2009 Former Qwest chief executive Joe Nacchio probably will not have to report to prison Monday as previously ordered

Nacchio prison term delayed; tests show no cancer The Associated Press Denver Post Thursday, March 19, 2009 Updated: 03/19/2009 11:59:19 AM MDT DENVER Former Qwest CEO Joe Nacchio has been told he doesn't have skin cancer and doesn't have to report to prison Monday

Nacchio's surrender date postponed By Andy Vuong Denver Post Thursday, March 19, 2009 A Denver federal judge today granted former Qwest chief executive Joe Nacchio's request to delay the date he must surrender to authorities to begin serving a six-year prison term for illegal insider trading

Biopsy cited in call for delaying prison. The ex-Qwest exec's doctor says he'll know Friday if the leg growth needs treatment By Andy Vuong Denver Post Wednesday, March 18, 2009 Joe Nacchio's dermatologist conducted a biopsy Monday on a "suspicious growth" on the former Qwest chief executive's leg to test it for skin cancer, according to a court filing Tuesday

Ford Retiree Deal Won't Suit GM, CEO Says By Peter Whoriskey, Staff Writer Washington Post Wednesday, March 18, 2009  When Ford and the United Auto Workers reached an agreement last month on retiree health care, it was touted as a model for the industry, one that could save the companies from faltering under the multibillion-dollar burden

Nacchio's 'suspicious growth' biopsied By Andy Vuong Denver Post  Tuesday, March 17, 2009 Joe Nacchio's dermatologist conducted a biopsy Monday on a "suspicious growth" on the former Qwest chief executive's leg to test it for skin cancer, according to a new court filing

Feds: Send him (Nacchio) to prison. The ex-Qwest CEO must show his verdict is wrong, the filing says By Andy Vuong Denver Post Tuesday, March 17, 2009 Former Qwest chief executive Joe Nacchio should not be allowed to remain free on bail because he has not met the heavy burden of showing that his insider-trading conviction is incorrect, the government argued in a court filing Monday

Nacchio renews bid for bail By Andy Vuong Denver Post Friday, March 13, 2009 Former Qwest chief executive Joe Nacchio has renewed his bid to remain free

Nacchio denied bond again By Andy Vuong Denver Post Thursday, March 12, 2009 A Denver federal court judge today denied former Qwest chief executive Joe Nacchio's request to remain free on bond pending his petition for a Supreme Court review of his insider trading conviction

Depositions roll in Qwest suit. The civil fraud case against former execs had been idle during Joe Nacchio's appeals By Andy Vuong Denver Post Thursday, March 12, 2009 The one-time Qwest officials helped the government land a criminal insider-trading conviction against former chief executive Joe Nacchio, providing key testimony at his trial in 2007

Nacchio plea to stay free denied By Andy Vuong Denver Post Wednesday, March 11, 2009 A federal appeals court panel on Tuesday rejected former Qwest chief executive Joe Nacchio's request to remain free pending a possible Supreme Court review of his insider-trading conviction

Nacchio Seeks New Trial; Filing Faults Prosecutors By Dionne Searcey The Wall Street Journal Friday, March 6, 2009 Days after an appellate court upheld the insider trading conviction of former Qwest Communications International Inc. Chief Executive Joseph Nacchio, his lawyers are asking for a new trial, saying prosecutors mischaracterized testimony from a key government witness

Telstra on hold as the top amigo Sol Trujillo leaves The Australian Michael Sainsbury February 27, 2009 SOL Trujillo, Telstra's original "amigo", will leave Australia at least $40 million richer when he flies back to his native US later this year

Report to jail March 23 in Pa., Nacchio is told By Andy Vuong Denver Post Thursday, March 5, 2009 Former Qwest chief executive Joe Nacchio is 18 days from trading in his million-dollar digs for a prison camp in central Pennsylvania

Goodbye, Colorado The Rocky Published February 27, 2009 at midnight It is with great sadness that we say goodbye to you today.  Our time chronicling the life of Denver and Colorado, the nation and the world, is over

Friday last day for Rocky Mountain News By Steve Raabe Denver Post Thursday, February 26, 2008 A nearly 150-year publishing run will end Friday as the Rocky Mountain News prints its final edition

NEWS ALERT from The Wall Street Journal Feb. 26, 2009 Denver's Rocky Mountain News will publish its final edition on Friday

Qwest unlikely to recapture Nacchio legal fees By Andy Vuong Denver Post Wednesday, February 25, 2009 Qwest will have a difficult time recovering any of the millions of dollars the company shelled out for Joe Nacchio's defense against insider trading charges, even though the former chief executive's conviction has been upheld, experts say

A saga not near its end By Al Lewis, Dow Jones Newswires Denver Post Thursday, February 26, 2009 Drag former Qwest CEO Joe Nacchio to prison, but keep two thoughts in mind

Nacchio's number not up yet By Scott Robinson Rocky Mountain News Thursday, February 26, 2009 Numbers have not been kind to Joe Nacchio lately. Having been convicted on 19 counts of insider trading, with a loss calculated at $28 million, which resulted in a six-year prison sentence, a $19 million fine, and $52 million in forfeiture, Joe Nacchio has now lost his 10th Circuit appeal by the narrowest of margins

Joe Nacchio's conviction reinstated. Former Qwest CEO faces prison; Supreme Court his last chance By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, February 26, 2009 Former Qwest Chief Executive Joe Nacchio has one final chance to avoid spending years in a federal prison:  the U.S. Supreme Court

Full court upholds Nacchio insider trading conviction By Andy Vuong Denver Post Updated: 02/25/2009 12:21:32 PM MST A federal appeals court in Denver today upheld Joe Nacchio's criminal insider trading conviction, overturning an initial three-judge panel's decision to grant the former Qwest chief executive a new trial

Nacchio Losses Bid to Reverse Conviction By Al Lewis The Wall Street Journal Wednesday, February 25, 2009 A U.S. appeals court upheld the insider trading conviction of former Qwest Communications International Inc. Chief Executive Joseph Nacchio, reinstating his prison sentence and revoking his release on bond

GM to cut retiree health care for salaried workers under 65 By Tim Higgins Detroit Free Press Wednesday, Feb. 11, 2009 General Motors Corp. is reducing life insurance benefits for most of its white-collar retirees and cutting back on company provided-health care for some retired salaried workers younger than 65

Qwest profit falls 49 pct in 4Q, beats view By Peter Svensson, AP Technology Writer Denver Post Wednesday, February 11, 2009 NEW YORK Fourth-quarter earnings fell 49 percent at Qwest Communications International Inc. from a year ago, mainly due to tax effects, while cost-cutting helped its underlying performance beat Wall Street expectations.  Its shares rose 21 cents, or 6.2 percent, to $3.58 in morning trading

AT&T CEO to Forgo Bonus By Amol Sharma The Wall Street Journal Friday, January 31, 2009 AT&T Inc. said Chief Executive Randall Stephenson decided to forgo a bonus for 2008, as the company prepares to cut 12,000 workers and forecasts a bleak 2009

Anschutz-owned Examiner closing in Baltimore The Associated Press Denver Post Friday, January 30, 2009 BALTIMORE  Less than three years after its launch as the city's second daily newspaper, The Baltimore Examiner is shutting down, a victim of slower-than-expected ad sales

Earnings Reports Start Revealing Ugly Pension Costs By Lynn Cowan, Dow Jones Newswires The Wall Street Journal Wednesday, January 28, 2009 There have been warnings for months about the severity of U.S. corporations' pension underfunding, but this week's round of earnings reports showed just how badly retirement plans will weigh on the companies that operate them

2 KPNQwest bankruptcy trustees sue Qwest The Associated Press Denver Post Wednesday, January 28, 2009 DENVER Two bankruptcy trustees for Qwest Communications International Inc.'s Dutch joint venture KPNQwest N.V. filed a lawsuit Tuesday claiming that fraud and mismanagement by Qwest and three former executives led to the venture's financial ruin

Stimulus could be boon for Qwest By Jeff Smith Rocky Mountain News Friday, January 16, 2009 Denver-based Qwest Communications is expected to benefit if a draft economic-stimulus measure becomes law

UnitedHealth Settlement Near, but Faces a Protest By Reed Abelson New York Times Friday, January 16, 2009 The insurance giant UnitedHealth Group said Thursday that it had reached a $350 million deal to settle class-action lawsuits claiming it had underpaid patients and doctors

PBGC Stakes Claim in Bankruptcy Case By Amir Efrati and Jeffrey McCracken The Wall Street Journal Wednesday, January 14, 2009 The Pension Benefit Guaranty Corp., a federal agency that insures private pensions, identified itself as a creditor in the liquidation of Bernard Madoff's firm

UnitedHealth Settles Probe Over Fee Database By Vanessa Fuhrmans and Chad Bray The Wall Street Journal Wednesday, January 14, 2009 In a settlement that could have far-reaching implications for consumers, UnitedHealth Group Inc. reached an agreement with New York's attorney general to pay $50 million toward a new, independent database that will determine how much insurers pay for doctors and hospitals outside of the insurers' networks

Qwest director won't seek re-election Denver Post Tuesday, January 13, 2009 Qwest announced Monday that Frank Popoff will not seek re-election to its board of directors at Qwest's annual meeting in May

Racketeering suit vs. Qwest won't be revived Bloomberg News The Denver Post Tuesday, January 13, 2009 WASHINGTON The U.S. Supreme Court refused to revive a multibillion-dollar racketeering suit filed against Qwest Communications by the trustees of a now-bankrupt joint venture the company formed in the Netherlands

Agency Raises Concerns About Car Makers' Pensions By John D. Stoll The Wall Street Journal Saturday, January 10, 2009 DETROIT The government agency that protects pensions for Americans is raising fresh concerns about the repercussions if one or more of the U.S. auto makers were to collapse, saying 1.3 million workers and retirees could see their pensions slashed if that were to happen

Qwest to warn SkyWi about future disconnects The Associated Press Denver Post Saturday, January 10, 2009 SANTA FE, NM New Mexico regulators have approved an agreement with Qwest Communications International Inc., which will provide notice before disconnecting SkyWi Inc. from its system

2008 Leaves Pensions Underfunded. Stock Losses Leave $400 Billion Deficit; Shoring Up Funds May Be Costly By David S. Hilzenrath, Staff Writer Washington Post Thursday, January 8, 2009 The collapse of the stock market last year left corporate pension plans at the largest companies underfunded by $409 billion, reversing a $60 billion pension surplus at the end of 2007

SkyWi president says Qwest cost his firm customers The Associated Press Denver Post Monday, January 5, 2009 ALBUQUERQUE, NM The president of a New Mexico internet and telephone provider says he fears his company has lost its customers' trust after Qwest Communications disconnected its service last week

PRC orders Qwest to restore Internet service The Associated Press Denver Post Thursday, January 1, 2009 LAS CRUCES, NM  New Mexico regulators have ordered Qwest to restore service to customers of independently owned and operated Internet service provider SkyWi Inc.

Qwest pulls plug on NM Internet provider The Associated Press Denver Post Wednesday, Decemer 31- 2008 LAS CRUCES, N.M. Qwest has disconnected independently owned and operated Internet service provider SkyWi Inc., contending SkyWi owes $1.7 million for services dating back to September

Some Breathing Room for IRA's. New Law Suspends Withdrawals in 2009. Here's How the Rules Will Work By Anne Tergesen The Wall Street Journal Friday, December 26, 2008 Retirees who ignore the annual distributions they are required to take from their individual retirement accounts usually run a big risk

Nacchio seeks dismissal of SEC allegations The Denver Post Thursday, December 25, 2008 Former Qwest chief executive Joe Nacchio is asking a judge to dismiss Securities and Exchange Commission claims against him

Executive Pay. After years of watching the top echelons of corporate management take home billions, shareholders want to know:  Will inflated pay packages get slashed? By David S. Hilzenrath, Staff WriterWashington Post Sunday, December 21, 2008 Angelo R. Mozilo, whose Countrywide Financial came to symbolize the failings of the mortgage industry, took home more than half a billion dollars from 1998 to 2007

Shareholders Seek More Say on Pay By Heather Landy Special to The Washington Post Sunday, December 21, 2008 So you're a shareholder in a company you believe pays its top executives far too much. What can you do about it?

Medical insurer renews partnership By Myung Oak Kim Rocky Mountain News Tuesday, December 23, 2008 UnitedHealthcare, the second-largest medical insurer in Colorado, has renewed its contract with Exempla Healthcare

House Passes Bill to Ease Pension Crunch for Retirees, Companies By Nancy Trejos, Staff Writer Washington Post Thursday, December 11, 2008 The House of Representatives last night approved a bill that would provide relief to older Americans who have lost much of their retirement savings and to companies that have complained of stringent requirements for funding their pension plans during a market downturn

Numerous outcomes possible for ruling on Nacchio. Even if the conviction of the former Qwest CEO is upheld, a three-judge panel may still get the case back By Andy Vuong Denver Post Thursday, December 11, 2008 When the full 10th Circuit Court of Appeals rules on former Qwest chief executive Joe Nacchio's appeal of his insider-trading conviction, some issues may remain unresolved

Just One Real Leader, and We Could Have Avoided This Mess By Steven Pearlstein Washington Post Friday, December 12, 2008 I'd like to pick up where my last column left off, with the lack of leadership shown by top Wall Street executives

Congress acts to help employer pension funds hit by recession; bill awaits Bush's signature By Jim Abrams, Associated Press Minneapolis Star Tribume Friday, December 12, 2008 WASHINGTON In one of its final acts of the year, Congress on Thursday relieved businesses of paying billions of dollars in required contributions to their pension plans in the coming year

Retirees fight Windstream plan to cut benefits By Josh Funk, Associated Press Forbes.com Friday, December 5, 2008 Windstream Corp. wants a federal judge to affirm its authority to reduce retiree benefits even when the people affected retired from other phone companies that Windstream acquired over the years

Corporate Finance Chiefs Face New Pressures. Turnover of CFOs at Major Companies Rises Sharply and Outpaces CEO Departures, Amid Credit Crisis and Slowing Economy By Cari Tuna The Wall Street Journal
Monday, December 1, 2008
The credit crisis and slowing economy are creating new pressures for chief financial officers, spurring turnover and increasing demand for experienced finance professionals

AT&T Cutting 12,000 Jobs. Company Cites Economy, Business Mix By Amol Sharma The Wall Street Journal Thursday, December 5, 2008 AT&T Inc. said it will cut about 12,000 jobs, or 4% of its workforce, as the telecom provider deals with a slowing economy and increased competition in the residential market from cable companies

Qwest Says It Has the Resources to Cover Debt By Roger Cheng The Wall Street Journal Monday, November 24, 2008 Qwest Communications International Inc. Chief Financial Officer Joseph Euteneuer assured Wall Street that the company was generating enough free cash and had enough "levers" to pull to cover its debt.

Preliminary OK given to Qwest investor settlement The Associated Press
Denver Post Thursday, November 27, 2008
DENVER A federal judge gave preliminary approval Wednesday to a $45 million settlement of shareholder allegations of securities fraud by two former Qwest executives

Former Enron Prosecutor Speaks Out: Criminal Charges Shouldn't Be So Easy  By Amir Efrati The Wall Street Journal Friday, November 21, 2008 As one of the lead Justice Department prosecutors investigating the collapse of Enron Corp., Andrew Weissmann in 2002 helped bring criminal charges against Enron's accounting firm, Arthur Andersen, for allegedly destroying evidence

Before the Bust, These CEOs Took Money Off the Table By Mark Maremont, John Hechinger and Maurice Tamman The Wall Street Journal
Thursday, November 20, 2008
The credit bubble has burst.  The economy is tanking.  Investors in the U.S. stock market have lost more than $9 trillion since its peak a year ago

Qwest union workers in Montana ratify new contract The Associated Press Denver Post Wednesday, November 18, 2008 DENVER Qwest Communications International Inc. union workers in Montana have ratified a new contract

Business Groups Pushing for Relief From Pension Law By Stephen Manning, Associated Press Washington Post Wednesday, November 12, 2008 With pension funds facing billions of dollars in shortfalls as markets plunge, a range of companies from Ford to Verizon are pushing Congress to suspend portions of a two-years-old law

Qwest union ratifies contract By Kimberly S. Johnson Denver Post Friday, November 7, 2008 Members the Communications Workers of America union at Qwest voted today to ratify a new four-year contract

Business Groups Pushing for Relief From Pension Law By Stephen Manning, Associated Press Washington Post Wednesday, November 12, 2008 With pension funds facing billions of dollars in shortfalls as markets plunge, a range of companies from Ford to Verizon are pushing Congress to suspend portions of a two-year-old law

Union extends contract vote Denver Post Friday, October 31, 2008 Qwest employees represented by the Communications Workers of America union are getting more time to vote on a proposed four-year contract

Qwest 3Q profit down; will cut 1,200 jobs By PETER SVENSSON, AP Technology Writer Denver Post Wednesday, October 29, 2008 NEW YORK Qwest Communications International Inc. posted a profit for its third quarter Wednesday, but said the continued slide of its traditional phone business is forcing it to cut 1,200 jobs, 3 percent of its work force

"I" is for irony, cellmate By Al Lewis, Dow Jones Newswires Denver Post  Monday, October 27, 2008 It's getting tougher to say who might end up in prison first, former Qwest Communications International Inc. CEO Joe Nacchio or the federal judge who slapped him with a six-year sentence on insider-trading charges

Tellabs reports $1B loss, cutting 280 jobs By Sandra Guy, Business Reporter Chicago Sun Times Wednesday, October 22, 2008 Tellabs on Tuesday reported a nearly $1 billion loss, mostly to write down asset value, and said it will lay off 280 employees due to weak sales

Complaint still hangs over judge By Berny Morson Rocky Mountain News Thursday, October 23, 2008 A piece of U.S. District Court Judge Edward Nottingham's legal troubles is still unresolved before a state ethics panel, despite his resignation from the bench

Judge Nottingham quits amid inquiry. He faced possible impeachment in misconduct case By Berny Morson Rocky Mountain News Wednesday, October 22, 2008 U.S. District Court Judge Edward Nottingham resigned Tuesday amid an investigation of charges that he asked a prostitute to lie about their relationship

Federal judge may resign amid inquiry By Felisa Cordona Denver Post Friday, October 17, 2008 Chief U.S. District Judge Edward W. Nottingham Jr. is contemplating resignation in the midst of a judicial probe of his conduct outside the courtroom

Federal judge expected to go. Nottingham mired in sex-related misconduct issues By Sara Burnett Rocky Mountain News Friday, October 17, 2008 Chief U.S. District Judge Edward W. Nottingham is expected to quit the federal bench amid a new sex-related scandal and a closed-door judicial misconduct hearing that didn't go well, sources said Thursday

Union hopeful on contract By Steve Raabe Denver Post Tuesday, October 14, 2008 Officials of Qwest's largest union say a newly negotiated contract proposal might fare better with members who voted down an earlier deal

Qwest, CWA reach 4-year labor agreement  By Jeff Smith Rocky Mountain News Saturday, October 11, 2008 Updated October 11, 2008 at 1:50 a.m. Qwest Communications and its largest union reached a tentative agreement late Friday night on a new contract that calls for a 12.55 percent wage increase over four years and modest health-care premium sharing

Qwest, union face midnight deadline By Jeff Smith Rocky Mountain News
Friday, October 10, 2008
Qwest and its largest union, the Communications Workers of America, resumed bargaining Thursday in efforts to reach a tentative agreement by a midnight deadline today

WALL STREET WEST: Up-to-the-minute local reaction to the financial crisis By Jeff Smith Rocky Mountain News Thursday, 9, 2008 Local telcos take beating Local telco stocks have been battered amid the recent financial turmoil

Qwest, Level 3 declines steeper than the average  By Jeff Smith Rocky Mountain News Thursday, October 9, 2008 The market has battered local telco stocks in recent weeks, with Broomfield-based Level 3 Communications dipping below $2 a share and Denver-based Qwest hovering just above that mark

Qwest seeking court costs in retirees' suit. Judge ruled in company's favor on death benefit By Jeff Smith Rocky Mountain News Tuesday, October 7, 2008 at 12:05 a.m. U S West/Qwest retirees are miffed that the Denver telco is seeking $2,672 in court costs in connection with a lawsuit the retirees filed to try to preserve a death benefit

Qwest, union schedule resumption of contract talks Rocky Mountain News Friday, October 3, 2008 Qwest Communications and its largest union will resume bargaining Thursday, setting a midnight deadline Friday for reaching a new tentative agreement

Exec fraud initiative gains strength. Growing support linked to turmoil on Wall Street By David Milstead Rocky Mountain News Thursday, October 2, 2008 The turmoil on Wall Street seems to be boosting the prospects of Colorado's labor-backed ballot initiative on corporate fraud

Union, Qwest talk about future Denver Post Thursday, October 2, 2008 A day after members of the Communications Workers of America rejected a contract offer from Qwest, officials from both sides met Wednesday to lay out plans for additional talks and a contract extension

Qwest workers say no to contract. No work stoppages are planned, but one was OK'd in August before a deal was reached with the union By Steve Raabe Denver Post Wednesday, October 1, 2008 Members of the Communications Workers of America at Qwest rejected a proposed new contract Tuesday covering 20,000 employees in 13 states

Qwest union rejects contract By Jeff Smith Rocky Mountain News Wednesday, October 1, 2008 Members of Qwest Communications' largest union have rejected a contract that would have increased wages by 9.73 percent over three years but required health care premium-sharing for the first time

Court hears Nacchio appeal of conviction By Tom McGhee Denver Post Thursday, September 25, 2008 1:41 p.m. Court in recess. 1:40 p.m. Mahoney in rebuttal. Judge Mary Beck Brisco asks why the defense didn't request a continuance to address question of testimony. Nacchio could have come back from his home in New Jersey to make it, she adds. "He's a frequent flyer — he could have come back."

Nacchio case goes to full court. Oral arguments take 40 minutes, decision to come in months ahead By Jeff Smith Rocky Mountain News Thursday, September 25, 2008 Updated September 25, 2008 at 2:03 p.m. 1:40 p.m.: Oral arguments completed in the Joe Nacchio case in front of the full appellate court.

Nacchio still in jeopardy. Experts say it's likely that the ex-Qwest CEO's conviction will be affirmed By Andy Vuong Denver Post Friday, September 26, 2008 The attorney for former Qwest chief executive Joe Nacchio was just moments into arguing for reversal of his insider-trading conviction Thursday when a flurry of questions from judges took her off script

Nacchio appeal likely to be decided by filings, not oral argument By Scott Robinson Rocky Mountain News Friday, September 26, 2008 Did Judge Edward Nottingham shortchange the Nacchio defense?

Experts expect Nacchio guilty verdict to stand. Judges more hostile to ex-Qwest CEO's attorney Rocky Mountain News By Sara Burnett and Jeff Smith Friday, September 26, 2008 Legal experts walked out of Joe Nacchio's appellate court hearing Thursday with a nearly unanimous prediction:  an initial guilty verdict for the former Qwest CEO's insider trading trial will be reinstated

Bush yields on exec pay. Compromise closer By Julie Hirschfeld Davis and David Espo, Associated Press Denver Post Thursday, September 25, 2008 WASHINGTON President Bush summoned Barack Obama, John McCain and legislative leaders to an extraordinary White House summit, warning Americans and Congress on Wednesday night that failing to act on a $700 billion financial-industry bailout could lead to "a long and painful recession."

What you need to know about Nacchio appeal By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, September 25, 2008 Attorneys for the government and former Qwest CEO Joe Nacchio will face off today in a rare hearing before the full 10th Circuit Court of Appeals

Another chapter in a book that never ends By Al Lewis Dow Jones Newswires Denver Post Wednesday, September 24, 2008 Former WorldCom chief executive Bernie Ebbers is serving 25 years in prison

Nacchio's next battle begins Thursday By Andy Vuong Denver Post Wednesday, September 24, 2008 Joe Nacchio's insider-trading case will take center stage again at a federal court in Denver, this time as the focus of a rare full-court appellate review

Retirees criticize 'golden parachute' deal for Qwest CFO By Jeff Smith Rocky Mountain News Tuesday, September 23, 2008 A potential multimillion-dollar "golden parachute" for Qwest's new chief financial officer is being criticized by a retirees group, which says shareholders should approve such packages

Qwest selects Euteneuer as CFO By Jeff Smith Rocky Mountain News Tuesday, September 16, 2008 Qwest Communications has tapped a satellite radio and cable-TV veteran with mergers and acquisition experience as its new chief financial office

Fair trial at issue in Nacchio appeal. 9-judge panel to hear arguments over key witness By Jeff Smith Rocky Mountain News Saturday, September 20, 2008 Did former Qwest CEO Joe Nacchio get a fair trial?

Feds propose huge bailout plan. $500 billion tag for U.S. to buy up bad loans, debt By Tom Raum and Jeannine Aversa, Associated Press Rocky Mountain News Saturday, September 20, 2008 Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jaw-dropping price tag

Qwest, execs try to ease ballot battle. The talks aim to remove four union measures in return for help fighting Amendment 47 By Andy Vuong Denver Post Thursday, September 18, 2008 Denver-based Qwest and Colorado Concern, an alliance of top business executives, are trying to quell a battle between business and organized labor over competing November ballot initiatives

Qwest considers paying off more debt Rocky Wire Reports Thursday, September 18, 2008 Denver-based Qwest Communications International Inc., the third-largest local phone company, may pay off more debt instead of refinancing it because of "shaky" credit markets, Chief Executive Officer Edward Mueller said

Qwest taps ex-Comcast, XM Radio exec as CFO By Kimberly S. Johnson Denver Post Tuesday, September 16, 2008 Qwest named former XM Radio and Comcast Corp. executive Joseph J. Euteneuer its chief financial officer Monday.

UnitedHealth Ex-CEO Settles Pay Case By Vanessa Fuhrmans The Wall Street Journal Thursday, September 11, 2008 Former UnitedHealth Group Inc. Chief Executive William McGuire agreed to pay $30 million and forfeit 3.7 million stock options to settle shareholder claims

Criminal-defense group again backs Nacchio Denver Post Friday, September 5, 2008 The National Association of Criminal Defense Lawyers has once again come to the support of former Qwest chief executive Joe Nacchio, whose insider-trading conviction is being reviewed by the full 10th Circuit Court of Appeals

Nacchio: Witness excluded at trial was 'heart' of defense By Jeff Smith Rocky Mountain News Tuesday, September 2, 2008 An expert witness excluded from testifying at former Qwest CEO Joe Nacchio's insider-trading trial last year represented the "heart" of his defense, his attorneys argue in a filing

Qwest workers face health premium. For first time, union members to pay part of cost By Jeff Smith Rocky Mountain News Saturday, August 30, 2008 Qwest union employees will pay a portion of their health care premiums for the first time in 2009, with costs ranging from $33 a month for individuals to $75 for family coverage, according to a copy of the agreement

Qwest 'over-ready' for DNC, chief exec says. Mueller: 3-year pact shows union, telco are partners By Jeff Smith Rocky Mountain News Thursday, August 21, 2008 Qwest Communications is ready for the Democratic National Convention, and its top executive said he never thought a strike would disrupt operations

Qwest, unions reach tentative three-year pact. Agreement averts strike; members voting next month By Roger Fillion and Jeff Smith Rocky Mountain News Tuesday, August 19, 2008 Qwest Communications reached a tentative three-year labor agreement with two of its unions, averting a possible strike a week before the start of the Democratic National Convention in Denver

Qwest contract talks stalled By Steve Raabe Denver Post Sunday, August 17, 2008 Article Last Updated: 08/17/2008 12:35:17 PM MDT Qwest and the Communications Workers of America District 7 said this morning that contract talks have stalled

Qwest, unions reach agreement, avert strike By Jeff Smith Rocky Mountain News Monday, August 18, 2008 Qwest and its two unions have reached tentative agreements on new, three-year contracts, averting a potential strike one week before the National Democratic Convention in Denver

Qwest, union keep talking as contract expires The Associated Press Denver Post Sunday, August 17, 2008 Article Last Updated: 08/17/2008 01:58:21 AM MDT Members of the Communications Workers of America listen to union...

Qwest faces deadline on union pact By Steve Raabs Denver Post Friday, August 15, 2008 Negotiations between Qwest and its chief union are picking up speed as their labor contract nears expiration

Veteran Justice Dept. attorney to handle Nacchio case By Andy Vuong Denver Post Wednesday, August 13, 2008 Article Last Updated: 08/13/2008 03:50:33 PM MDT A veteran Department of Justice attorney who has argued 100 cases before the U.S. Supreme Court will handle the appellate review of former Qwest chief executive Joe Nacchio's illegal insider-trading case

Heavy hitter landed for Nacchio case By Jeff Smith Rocky Mountain News Thursday, August 14, 2008 A veteran Supreme Court attorney will represent the government in the full appellate court case against former Qwest CEO Joe Nacchio in September

Telstra's Net Rises 14% By Sam Holmes The Wall Street Journal Wednesday, August 13, 2008 SYDNEY-- Telstra Corp., Australia's biggest telecommunications company, said Wednesday annual net profit rose 14% from the previous year, boosted by increased mobile and broadband revenues, but slightly below market expectations

Insurers Expect Health-Care Costs To Rise More Than 10% Next Year Associated Press The Wall Street Journal Tuesday, August 12, 2008 Health-care costs are expected to rise more than 10% into next year, according to a survey of insurers by Aon Consulting Worldwide

Verizon labor deal could bode well for Denver telco By Jeff Smith Rocky Mountain News Tuesday, August 12, 2008 A Verizon labor agreement Sunday that averted a potential strike could bode well for successful Qwest-union talks, though both sides were quick to say Monday the financial situation is different here

Verizon Settlement Provides New Union Jobs, Protects Health Care for Active and Retired Workers, Boosts Wages, Pensions for 65,000 Monday, August 11, 2008 Washington, D.C. -- A new tentative three-year contract settlement with Verizon achieves union employees' major goals of promoting union jobs and expanding bargaining rights

Verizon-Union Deal Averts Strike. Three-Year Pact Will Create Jobs; Ratification Awaits By Amol Sharma The Wall Street Journal
Monday, August 11, 2008
Verizon Communications Inc. reached a deal with two labor unions covering 65,000 workers, averting a potential strike that could have affected the telecom giant's installation and repair operations in Northeastern and Mid-Atlantic states

CWA votes to authorize Qwest strike Denver Post Sunday, August 10, 2008 Members of Communications Workers of America District 7 voted to authorize a strike against Qwest if negotiations fail to produce a new contract, union officials said Saturday night

Qwest adds millions to settle old lawsuit By Jeff Smith Rocky Mountain News Thursday, August 7, 2008 Qwest Communications has agreed to pay an additional $40 million to settle a lingering, 7-year-old class-action securities fraud lawsuit, according to a regulatory filing Wednesday

Qwest cites competition in 24 percent income decline By Steve Raabe Denver Post Wednesday, August 6, 2008 Article Last Updated: 08/06/2008 09:10:02 AM MDT Denver-based Qwest reported a 24 percent drop in net income for the second quarter as the company lost phone customers to cable and wireless providers

Qwest Posts Lower Profit, Trims Full-Year Outlook By Donna Kardos and Shirleen Dorman The Wall Street Journal Wednesday, August 6, 2008 11:26 a.m. Qwest Communications International Inc. reported a 24% drop in second-quarter profit amid declining revenue and a tax charge

Companies Tap Pension Plans To Fund Executive Benefits. Little-Known Move Uses Tax Break Meant For Rank and File The Wall Street Journal By Ellen E. Schultz and Theo Francis Monday, August 4, 2008 At a time when scores of companies are freezing pensions for their workers, some are quietly converting their pension plans into resources to finance their executives' retirement benefits and pay

Qwest plans cybercenter in Albuquerque The Associated Press Denver Post Saturday, August 2, 2008 SANTA FE Some funds for a planned $40 million Qwest Communications cybercenter in Albuquerque can count toward state-mandated service improvements

SEC to consider reporting changes By Ian Katz, Bloomberg News
Denver Post Monday, August 4, 2008 The U.S. Securities and Exchange Commission will begin considering some of the 25 proposals from an advisory group seeking to make financial reporting less complex, Chairman Christopher Cox said

Verizon Workers' Unions Delay Planned Strike, Continue Talks By Amol Sharma The Wall Street Journal Sunday, August 3, 2008 Unions representing workers at Verizon Communications Inc. delayed a planned strike, citing progress in their weekend contract negotiations with the telecom giant

Verizon, Unions Negotiate As Strike Deadline Looms By Amol Sharma The Wall Streeet Journal Saturday, August 2, 2008 Verizon Communications Inc. was facing a weekend labor strike deadline as it negotiated Friday with unions representing about 65,000 employees

Retirees cheer Nacchio decision By Alex McCarthy and Andy Vuong Denver Post Thursday, July 31, 2008 Qwest retirees rejoiced over Wednesday's decision that a full panel of appellate judges will reconsider former Qwest chief executive Joe Nacchio's insider-trading conviction

Second look at bid for new Nacchio trial. Full appeals court to decide whether conviction stands By Sara Burnett and Jeff Smith Thursday, July 31, 2008 The Department of Justice scored a victory Wednesday in its ongoing case against Joe Nacchio, as the full 10th Circuit Court of Appeals agreed to consider whether the former Qwest CEO's conviction should stand

Computer Glitch? Consider Calling the Phone Company By Andrew LaValle The Wall Street Journal Thursday, July 31, 2008 When Rob Tugman's computers started acting up, he called the manufacturer

Qwest names Tom Richards operations chief By Andy Vuong Denver Post Wednesday, July 30, 2009 Qwest and its board of directors announced today that Tom Richards has been appointed chief operating officer

Qwest's Richards takes on new responsibilities By Jeff Smith Rocky Mountain News Wednesday, July 30, 2008 Qwest has promoted Tom Richards to chief operating officer, a title the Denver telco hasn't used since 2000.

Renewables attract Anschutz. The Denver billionaire's company plans to generate and transmit wind power By Andy Vuong Denver Post Wednesday, July 30, 2008 Philip Anschutz (RJ Sangosti, The Denver Post) Denver billionaire investor Philip Anschutz is plugging into the red-hot renewable-energy field, announcing plans to develop multibillion-dollar wind-farm and transmission-line projects

Bell Canada to Cut 2,500 Jobs Associated Press The Wall Street Journal Tuesday, July 29, 2008 BCE Inc. said it is cutting about 2,500 positions at Bell Canada, representing about 6% of the unit's total workforce

Chairman Tchuruk, CEO Russo To Step Down From Alcatel-Lucent By Leila Abboud and Jethro Mullen The Wall Street Journal Tuesday, July 29, 2008 PARIS The architects of the trans-Atlantic merger that created Alcatel-Lucent two years ago are stepping aside

Qwest insists network price caps unnecessary. The FCC wants better competition in four markets to lift controls. By Alex McCarthy Denver Post
Tuesday, July 29, 2008 Qwest Communications is looking to prove that its level of market competition meets regulators' standards after the Federal Communications Commission denied its forbearance petition Friday, a company official said

Retirees claim 'threat' by Qwest ALBUQUERQUE JOURNAL By Jack King Journal Staff Writer Monday, July 28, 2008 In the latest development in an on-going legal battle, representatives of a Qwest retirees association charge the company's lawyers have threatened the phone company's retirees' with the loss of the life insurance in their retirement packages

Unions Rally, Vowing Strike at Verizon By Javier C. Hernandez New York Times Sunday, July 27, 2008 The unions representing 65,000 Verizon workers on Saturday resounded a pledge to strike if demands for higher wages, caps on health care payments and limits on outsourcing jobs are not honored

Qwest petition denied by FCC By Kimberly S. Johnson Denver Post Saturday, July 26, 2008 The Federal Communications Commission denied a forbearance petition by Qwest Friday that would have let the carrier charge more to wholesale customers that must lease the company's "last-mile" network lines

Enron prosecutor on Joe Nacchio team. Sean Berkowitz has role defending former Qwest CEO By Keith Coffman, Special To Rocky Rocky Mountain News Thursday, July 24, 2008 The lawyer who prosecuted former Enron executives Kenneth Lay and Jeffrey Skilling is now on the other side of the white-collar crime legal fence -- defending former Qwest CEO Joe Nacchio from civil fraud charges brought by the Securities and Exchange Commission

Qwest eyes Phoenix in regulation case By Jeff Smith Rocky Mountain News Wednesday, July 23, 2008 With Qwest's request to remove wholesale price regulation in four metro areas an uphill battle, the Denver telco is focusing its final efforts on its best case: Phoenix

Tough Times Prompt Patients to Skip Care By Benjamin Brewer, M.D. The Wall Street Journal Wednesday, July 23, 2008 With gas prices hovering around $4 a gallon, my patients are cutting back on medical care

Lawsuit Threatens Sarbanes-Oxley Act By Jane Bryant Quinn Washington Post Sunday, July 20, 2008 Just when you thought that the drive toward better financial accounting couldn't be stopped, a stick may be shoved into the spokes

New Breed of Directors Reaches Out to Shareholders. Treading a Fine Line Between Apologist, Sympathetic Ear By Joann S. Lublin The Wall Street Journal Monday, July 21, 2008 Bonnie G. Hill, the longest-serving director at Home Depot Inc., has a new role: "heat shield" against dissatisfied investors

Tax districts owe Qwest $40 million. Maricopa County must pay $26.9 mil
By Yvonne Wingett and Ryan Randazzo The Arizona Republic Sunday, July 13, 2008 Arizona's counties, cities, towns, school districts and other local taxing districts must pony up millions of dollars

MassMutual offers free life insurance for working parents. $50,000 policies offered for free to benefit children By Jonathan D. Epstein, NEWS BUSINESS REPORTER Buffalo News Saturday, July 19, 2008 Massachusetts Mutual Life Insurance Co. is offering free $50,000 life insurance policies for 10 years to benefit the children of low-income working consumers in Buffalo

Qwest deregulation plea draws fire By Jeff Smith Rocky Mountai n NewsThursday, July 17, 2008 Residential and business price hikes undermine Qwest's plea for deregulation in the metro area, the Colorado Office of Consumer Counsel argued this week

Class-action sought for Qwest benefits suit Denver Post Wednesday, July 16, 2008 An attorney for the Association for U S West/Qwest retirees filed a document in U.S. District Court in Denver Tuesday in an effort to get class-action status for a lawsuit regarding life-insurance benefits.

Retiree Benefits Take Another Hit. GM's Plan to End Medical Coverage For Many 65 and Over Signals a New Era; Pensions to Increase by $300 a Month By Vanessa Fuhrmans and Theo Francis The Wall Street Journal
Wednesday, July 16, 2008
General Motors Corp.'s move to eliminate retiree health benefits for salaried workers is a sobering signal to the rest of the U.S. work force

Packers name ex-Qwest exec a senior VP Denver Post Wednesday, July 16, 2008 The Green Bay Packers named former Qwest executive Laura Sankey as senior vice president of marketing and sales

Last defendant in Milberg kickback case pleads guilty From the Associated Press Los Angeles Times Tuesday, July 15, 2008 The last defendant in a major federal kickback case involving class-action lawsuits against some of the nation's biggest corporations pleaded guilty Monday to a tax-related felony

Lawyer to Plead Guilty in Kickback Scheme By THE ASSOCIATED PRESS New York Times Saturday, July 12, 2008 Paul T. Selzer, a lawyer who is the final defendant in a federal kickback case involving class-action lawsuits against big corporations, has agreed to plead guilty to a tax-related felony, prosecutors in Los Angeles said Friday

Many Retirees Face Prospect of Outliving Savings, Study Says By Nancy Trejos, Staff Writer Washington Post  Sunday, July 13, 2008 Nearly three out of five middle-class retirees will probably run out of money if they maintain their pre-retirement lifestyles, a new study from Ernst & Young has concluded

Depositions of former Qwest execs delayed. Postponement due to uncertainty of Joe Nacchio's case By Jeff Smith Rocky Mountain News Thursday, July 9, 2008 A defense attorney Wednesday described the Securities and Exchange Commission's civil fraud case against five former Qwest executives as in a "syrupy morass."

Retirees slam Qwest filing. The group says the firm is threatening to end life-insurance benefits for all if a class-action lawsuit succeeds By Kimberly S. Johnson Denver Post Thursday, July 10, 2008 Qwest retirees are voicing concern over comments made in a brief filed by Qwest last week in a case surrounding their life-insurance benefits

Qwest, union have reason to deal: DNC. Neither wants a strike before the convention By Jeff Smith Rocky Mountain News Saturday, July 5, 2008 Qwest Communications and its largest union start new contract talks Tuesday, negotiations especially critical given the upcoming Democratic National Convention in Denver

Telstra Purchases Majority Stakes In 2 China Firms By Lyndal McFarland
The Wall Street Journal Monday, June 30, 2008
SYDNEY  Telstra Corp. said Friday it has taken majority stakes in two more online advertising groups in China, which it could spin off later in an initial public offering

AT&T moving headquarters to Dallas The Denver Post Sunday, June 29, 2008 DALLAS AT&T Inc., the nation's largest telecommunications company, said Friday that it is moving its corporate headquarters to Dallas from San Antonio for easier access to customers and operations around the world

Qwest: Let FCC rule on prices. The company asks Congress to stay out of the debate as it seeks an exception to limits on its wholesale service rates By Kimberly S. Johnson Denver Post Thursday, June 26, 2008 With just a month before a key regulatory ruling, Qwest is continuing to fight for a petition that would let it raise rates for wholesale customers and is asking congressional members to refrain from getting involved

HR Departments Get New Star Power at Some Firms. Business Executives Now Tapped to Lead As Job Is Rethought By Erin White The Wall Street Journal When the CEO of Qwest Communications International Inc. asked Teresa Taylor to run human resources a few years ago, she thought she was being punished

(AZ) Qwest chief Pat Quinn stepping down By Amy Eagleburger The Arizona Republic Wednesday, June 11, 2008 Qwest Arizona said Wednesday that President Pat Quinn would step down after 31 years with the company

SEC: Fraud case against former Qwest execs should proceed Denver Post Thursday, June12, 2008 The Securities and Exchange Commission said five former Qwest executives have failed to prove why the SEC's fraud complaint against them should be dismissed

Anschutz, IRS lock horns again in latest joust. The Denver billionaire's legal battle with the government is at least his seventh since 1987  By Greg Griffin Denver Post Wednesday, June 11, 2008 Philip Anschutz's ongoing dispute with the Internal Revenue Service isn't his first battle with the tax man

A tax break for funding HSAs via IRAs By Lydell C. Bridgeford, Employee Benefit News SourceMedia, Inc. Tuesday, June 10, 2008 Owners of individual retirement accounts who are enrolled in a high-deductible health plan (HDHP) can now shift IRA funds to a Health Savings Account (HSA) without facing a tax penalty

Companies Promise CEOs Lavish Posthumous Paydays. Options Vest, Insurance Flows; Even Salaries May Continue By Mark Maremont The Wall Street Journal Tuesday, June 10, 2008 You still can't take it with you. But some executives have arranged for the next best thing:  huge corporate payouts to their heirs if they die in office

Dispute with IRS could cost Anschutz millions. Issue hinges on whether a loan is sometimes a sale By David Milstead Rocky Mountain News Tuesday, June 10, 2008 Denver financier Phil Anschutz's tussle with the taxman is an academic exercise with at least $113 million at stake

Qwest hiking rates for a la carte services By Jeff Smith Rocky Mountain News Tuesday, June 10, 2008 Qwest Communications is raising the rates of a la carte products -- such as caller ID and call forwarding -- by 7 to 28 percent.  The new rates take effect July 1

When is a sale not a sale? By Al Lewis Denver Post Tuesday, June 10, 2008 Denver billionaire Phil Anschutz got a letter from the Internal Revenue Service last year, demanding $143.6 million in back taxes

IRS Targets Billionaire's Lucrative Tax Strategy By Jesse Drucker The Wall Street Journal Monday, June 9, 2008 The Internal Revenue Service is fighting with billionaire Philip Anschutz to force the Denver-based mogul to pay back taxes totaling $143.6 million. The court battle is part of a broad attempt by tax authorities to crack down on complex transactions used to defer paying capital-gains taxes.

Performance pay sends salaries into higher orbit. Execs' rewards overshadow raises given typical worker By David Milstead Rocky Mountain News Saturday, June 7, 2008 Executive pay continues to increase at a pace far beyond the raises typical workers see in their paychecks

Grinding axes over unions By Al Lewis Denver Post Tuesday, June 17, 2008 Jay Hesterman, a technician at Qwest, resigned from a union 14 years ago, but he still pays about $500 a year in dues and gets the union's newsletter anyway

Milberg law firm says it will pay $75M to settle case By Greg Risling, Associated Press Writer Rocky Mountain News Tuesday, June 17, 2008 LOS ANGELES (AP) -- The Milberg law firm will pay $75 million to settle a federal kickback case involving class-action lawsuits against some of the nation's biggest corporations

Qwest, union begin negotiations in July. Workplace issues and health-care benefits are expected to dominate the contract talks By Kimberly S. Johnson Denver Post Friday, June 6, 2008 Health care and the number of benchmarks employees must reach will be among the top issues next month when Qwest and its union begin contract negotiations

Class-Action Law Firm Close to a Settlement By Nathan Koppel The Wall Street Journal Monday, June 2, 2008 Class-action law firm Milberg LLP is close to a settlement that could end a federal prosecution of the firm for alleged kickbacks, according to two people familiar with the discussions

Alcatel Talks Up Its Prospects to Holders By Jethro Mullen and Leila Abboud The Wall Street Journal Saturday May 31, 2008 PARIS Alcatel-Lucent tried to reassure restive shareholders at its annual meeting that its long-term growth prospects were strong, despite the competitive pressures buffeting the telecommunications-equipment sector

Weiss gets prison for legal scheme By Greg Risling, AP Denver Post Tuesday, June 3, 2008 LOS ANGELES Melvyn Weiss, the co-founder of a law firm known for securities class-action suits, was sentenced Monday to 30 months in prison for his role in a lucrative lawsuit kickback scheme targeting some of the largest corporations in the nation

Some Qwest directors warm to stockholders at annual event By Jane Hoback & Gil Rudawsky Rocky Mountain News Friday, May 30, 2008 Nelson Phelps noticed a change by Qwest's board of directors this year at the annual stockholders meeting

DNC host officials short on cash. The committee for the Democratic convention considers cuts in light of the fundraising shortfall. By Chuck Plunkett Denver Post Friday, May 30, 2008 Millions of dollars behind in raising money and unlikely to meet a fast-approaching final deadline, the Denver committee hosting the Democratic National Convention is considering spending cuts

SEC asks court to uphold complaints vs. ex-Qwest execs Denver Post Friday, May 30, 2008 The Securities and Exchange Commssion wants a court to uphold its complaints against former Qwest executives who say claims against them should be dismissed

Customer service survey frowns on Comcast, Qwest, Dish By Jeff Smith Rocky Mountain News Thursday, May 29, 2008 Colorado has the notorious distinction of being a hub of sorts for companies perceived as doling out poor customer service

Family to drop suit against ranch over Qwest exec's death The Associated Press Denver Post Thursday, May 29, 2008 DENVER The family of a Qwest executive killed while turkey hunting in 2005 is dropping a lawsuit filed against the ranch that hired the suspect, according to a court document

CEO Security: No Replacements. Lack of Deep Bench Can Help Preserve Poor Performers By Joann S. Lublin The Wall Street Journal Tuesday, May 27, 2008 Fewer big-company chief executives are leaving their posts, and CEOs face little risk of dismissal even after two years of poor shareholder returns, according to a new study

Qwest misses a connection By Al Lewis Denver Post Sunday, May 25, 2008 Qwest customer Joe Halpern has a problem. "I have a Ph.D. with an emphasis in applied statistics and I can't understand my bill," he told me

Qwest on defensive at meeting. Shareholders and retirees grill the board of directors and executives, but CEO Ed Mueller takes it in stride By Kimberly S. Johnson The Denver Post Friday, May 23, 2008 Shareholders and retirees ripped into Qwest's executives and board of directors during their annual meeting Thursday, asking for better leadership and accountability

Qwest adopts new severance policy during annual meeting By Sandy Shore, AP Business Writer Dener Post Friday, May 23, 2008 DENVER Qwest Communications shareholders won greater control over some executive severance agreements Thursday as they peppered the telecom's CEO with questions about retiree benefit cuts and top management perks

SEC vs. QWEST - Former execs ask court to dismiss certain claims By The Associated Press Denver Post Thursday, May 22, 2008 Former Qwest executives are asking a court to dismiss certain claims filed by federal regulators, partly because the government is invoking state-secrets privileges that the former executives say will hurt their defense

Qwest's corporate legal staff lauded By Jeff Smith Rocky Mountain News
Monday, May 19, 2008
Corporate Counsel magazine has named Qwest Communications' as the best corporate legal department

Shareholder advisers slam executive pay By Jeff Smith Rocky Mountain News Monday, May 19, 2008 Shareholder advisory firms Glass Lewis and RiskMetrics, formerly ISS, both criticize Qwest Communications for overly generous executive pay and are supporting two shareholder proposals, including one to split the chairman and chief executive jobs

Nacchio urges denial of full court review By Jeff Smith Rocky Mountain News Thursday, May 15, 2008 Joe Nacchio’s attorneys today said the government’s request for a full appellate court review of the former Qwest CEO’s insider-trading case isn’t warranted and should be denied

Qwest's exec perks assailed. Union investor group targets CEO's relocation costs By Jeff Smith Rocky Mountain News Wednesday, May 14, 2008 A union investor group is protesting Qwest's executive perquisites, especially a relocation agreement with CEO Ed Mueller that wound up costing the Denver telco $1.8 million

Companies Take Big Hits on Relocation As Executives' Homes Languish on Market. Qwest Loses $1.8 Million on CEO's House;  Angry Shareholders Are Seeking Recourse By Joann S. Lublin Wednesday, May 14, 2008 Disgruntled investors at Qwest Communications International Inc. vow to air a litany of complaints at the annual meeting next week

Labor coalition circulating ballot petitions By Joanne Kelley Rocky Mountain News Wednesday, May 14, 2008 A labor-backed coalition called Protect Colorado's Future will begin collecting signatures downtown just after noon today in an attempt to get two initiatives on the ballot this fall

Qwest's earnings tumble by 35%. The telecom suffers from slowing growth in broadband, losses of land-line customers and higher tax expenses. By Kimberly S. Johnson Denver Post Wednesday, May 7, 2008 Slower broadband growth and increasing land-line losses combined with higher tax expenses as Qwest reported a 35 percent drop in first-quarter net income Tuesday

Qwest hiking prices during economic slump  By Jeff Smith Rocky Mountain News Wednesday, May 7, 2008 Qwest Communications is raising the prices of some of its Internet services by as much as 11 percent as it struggles amid the current economic and housing slump

Nacchio gets two weeks to respond By Jeff Smith Rocky Mountain News Friday, May 2, 2008 Updated 12:30 p.m., May 1, 2008 An appellate court panel has ordered Joe Nacchio’s defense team to respond in 14 days to a government petition seeking the reinstatement of his 2007 conviction

Tax credits at heart of McCain's health care proposal By Scott J. Anderson CNN Wednesday, April 30, 2008 (CNN) A tax credit to help individuals and families buy health insurance is at the heart of a health care proposal Sen. John McCain unveiled Tuesday

New Nacchio trial appealed By Jeff Smith Rocky Mountain News Thursday, May 1, 2008 Updated 01:14 p.m., April 30, 2008 Federal prosecutors are requesting the full appellate court to review the case of former Qwest Chief Executive Officer Joe Nacchio

Government files appeal in Nacchio case By Andy Vuong Denver Post Thursday, May 1, 2008 Article Last Updated: 04/30/2008 05:18:55 PM MDT The Justice Department today appealed a three-judge appellate panel's decision to overturn the criminal insider-trading conviction of former Qwest chief executive Joe Nacchio

330-year payoff in scam. 72-year-old also told to pay $38 million for fraudulent investment deal By Felisa Cardona Denver Post A 72-year-old man convicted in a multimillion-dollar high-yield investment scam was sentenced Tuesday to 330 years in federal prison

Qwest offers $16M bill reduction to settle complaint By Matt Gouras, AP Montana Independent Record Helena, Montana Wednesday, April 30, 2008 Qwest Communications is offering a $16 million reduction in customers' bills to settle a complaint that it was overcharging Montana customers

CEO doesn't know Dex By Al Lewis Denver Post Tuesday, April 29, 2008
Dex knows, but the phone directory's parent company, R.H. Donnelley, does not

Tellabs shares fall on sales forecast By Sandra Guy Chicago Sun Times Tuesday, April 22, 2008 Tellabs' shares fell the most in nearly two years Tuesday after the Naperville-based manufacturer of wireless phone equipment forecast second-quarter sales that may fall below analysts' expectations

AT&T to cut about 4,600 jobs, sees $374 million 1Q charge The Associated Press Denver Post Friday, April 18, 2008 NEW YORK  AT&T Inc. on Friday said it plans to cut about 4,600 jobs, or 1.5 percent of its work force, to shift resources to growing parts of its business

Qwest declares dividend Denver Post Friday, April 18, 2008 Qwest said Thursday its board of directors declared a quarterly dividend of 8 cents a share

B2B firms fight Qwest relief. Telecoms meet with PUC commissioners in an effort to keep Qwest from raising rates for "last-mile" connections. By Kimberly S. Johnson Denver Post Wednesday, April 16, 2008 Qwest's request for a reprieve from federal regulation guiding the amount it can charge competitors for access to its lines was fought at the local level Tuesday at the Colorado Public Utilities Commission

Bill aimed at phone deregulation passes state Senate panel. Proponents say the measure would lead to lower monthly bills.  Critics say it would impede the Public Utilities Commission in protecting the public interest. By Marc Lifsher, Staff Writer Los Angeles Times Wednesday, April 16, 2008 SACRAMENTO  A drive to eliminate much of the last vestiges of conventional home telephone regulation by the state won a key endorsement Tuesday from a Senate committee

SURVEY OF CEO COMPENSATION. Terminated?  Who Cares? Severance-pay packages for CEOs appear to be coming down.  But slowly By Perri Capell The Wall Street Journal Monday, April 14, 2008 Shareholder fury over oversized severance-pay packages awarded to chief executive officers is causing boards to begin to whittle them down

Candidates Target Executive Pay. McCain Comments Echo Some Themes Of Obama, Clinton By Joann S. Lublin The Wall Street Journal Saturday, April 12, 2008 Sens. John McCain and Barack Obama both attacked executive compensation this past week

Qwest CEO expected to lead national panel Denver Post Wednesday, April 9, 2008 President Bush is expected to appoint Qwest chairman and chief executive Ed Mueller chairman of the National Security Telecommunications Advisory Committee, the company said Tuesday

Another prosecutor from Nacchio trial going private By Andy Vuong Denver Post Tuesday, April 8, 2008 Another member of the team that secured last year's insider-trading conviction — since overturned — against former Qwest chief executive Joe Nacchio is going private

DSL, wireless outage hangs up metro area By Kimberly S. Johnson and David Migoya Denver Post Friday, April 11, 2008 A hardware failure resulted in the loss of broadband service for Qwest business and residential customers in the Denver area Thursday afternoon

Qwest opposes state's control. Phone company wants law loosened to allow it to raise basic rate By Kimberly S. Johnson  Denver Post Tuesday, April 8, 2008 In the face of increasing competition, Qwest is looking to loosen the control the state has over basic residential phone rates

Qwest CEO gets compensation valued at $17.4 million By George Merritt, AP Denver Post Friday, April 4, 2008 Qwest Communications chief executive Edward Mueller, leading the company as it recovers from a 2002 accounting scandal, received compensation in 2007 valued at $17.4 million, according to a regulatory filing Friday

Qwest CFO joins the exec exodus By Kimberly S. Johnson Denver Post Sunday, April 6, 2008 The resignation of Qwest chief financial officer John Richardson adds to a growing list of executives who have left the company since chief executive Ed Mueller took over last August

Aiming to shape the "connected home." Linking consumers' phones, TVs and the Internet with faster broadband is telecoms' goal for homes of the future By Kimberly S. Johnson Denver Post Sunday, April 6, 2008 Qwest chief executive Ed Mueller talks enthusiastically about the day when a consumer's phone, television, e-mail and security services are all interconnected

Qwest takes hit on home sale. CEO's California house cost telco $1.8 million By David Milstead Rocky Mountain News Saturday, April 5, 2008 Qwest lost $1.8 million in three months because of a deal it reached to buy the California home of CEO Ed Mueller

Australia Cancels Broadband Deal. SingTel-Led Network Is Said Not to Reach Enough Remote Areas By Lyndal McFarland The Wall Street Journal Friday, April 4, 2008 SYDNEY, Australia The Australian government canceled a 958 million Australian dollar (US $869 million) funding agreement with a venture led by Singapore Telecommunications Ltd. to build a broadband network in Australia's more remote areas, saying the proposed network didn't meet coverage requirements

Firms picking up CEOs' taxes. One common perk covers exec's personal time on corporate jets By Greg Farrell USA Today Wednesday, April 2, 2008 CEOs are just like the rest of us:  They hate paying for things out of pocket if they can find someone else to foot the bill

Appeals panel rejects Qwest request for rehearing over settlement The Associated Press Denver Post Thursday, April 3, 2008 DENVER  A three-judge panel of the 10th U.S. Circuit Court of Appeals has denied Qwest's request for the full court to hear an appeal regarding its settlement with a pension fund.  Qwest Communications International Inc. and the New England Health Care Employees Pension Fund reached a $400 million settlement related to a collapse in company stock

Colorado Proposes Tough Law on Executive Accountability By Dan Frosch New York Times Tuesday, April 1, 2008 DENVER  For 30 years, Lew Ellingson loved being a telephone man

3M to limit its pension benefits for new hires By Dee DePass Minneapolis Star Tribune Tuesday, April 1, 2008 3M Co. said Monday that it is altering retiree medical plans and eliminating a defined-benefit pension plan for new hires, a benefit once regarded as one of the most generous in the nation

Nottingham is being viewed from both sides By Felisa Cardona Denver Post Tuesday, April 1, 2008 Since Chief U.S. District Judge Edward W. Nottingham Jr. slammed his gavel down at former Qwest chief executive Joe Nacchio in July and lectured him on morality, the focus has turned to the judge's own behavior on and off the bench

Inquiry Assails Accounting Firm in Lender’s Fall  By Vikas Bajaj The New York Times Thursday, March 27, 2008 A sweeping five-month investigation into the collapse of one of the nation’s largest subprime lenders points a finger at a possible new culprit in the mortgage mess: the accountants

Reach out and tax someone By Peter Blake, Special to the Rocky Rocky Mountain News Thursday, March 27, 2008 Alcohol, tobacco and -- telephone service?

Proposal targets CEOs who knew of crimes By Ivan Moreno The Associated Press Denver Post Friday, March 21, 2008 A labor and activist coalition is pushing a November ballot proposal that could allow Colorado executives to be sued if they knew their company broke a law and did nothing to stop it

Retrial: No sure way to tell who has edge By Jeff Smith and Sara Burnett Rocky Mountain News Wednesday, March 19, 2008 Who has the upper hand if the government retries former Qwest CEO Joe Nacchio?  It depends on whom you ask

Meter running on Nacchio trial costs By Sara Burnett and Jeff Smith Rocky Mountain News Wednesday, March 19, 2008 As the case of U.S. v. Joe Nacchio goes on and on, each side's legal bills just keep going up and up

Nacchio prosecutors ask for appeal extension By Andy Vuong Denver Post Wednesday, March 19, 2008 Article Last Updated: 03/19/2008 01:12:21 PM MDT The government has asked for a 30-day extension to file its appeal of the reversal of former Qwest chief executive Joe Nacchio insider trading conviction

His team rejoices, but he should consider a plea deal By David Milstead Rocky Mountain News Tuesday, March 18, 2008 Those who wish to see Joe Nacchio whisked off to prison ASAP must be maddened, infuriated, perhaps shocked and surprised that his conviction got tossed

Critics greet appellate court's decision with dismay and resignation By James Paton Rocky Mountain News Tuesday, March 18, 2008 Mimi Hull wasn't surprised but was "extremely disappointed."

Don't expect plea deal By Al Lewis Denver Post Tuesday, March 18, 2008 Joe Nacchio is not going to plead guilty. Mark these words.  After his conviction was overturned Monday, prosecutors will drag him to the negotiating table before initiating a new trial

Long wait for Nacchio verdict? U.S. attorney calls ruling a 'setback, not a defeat,' ponders next move By Sara Burnett Rocky Mountain News Tuesday, March 18, 2008 A federal appeals court decision to grant Joe Nacchio a new trial means it could be years before the former Qwest CEO either goes to prison for insider trading or walks away a free -- and vindicated -- man

Qwest, union agree to buyouts for some workers By Crayton Harrison Bloomberg News Service Tuesday, March 18, 2008 Denver-based Qwest Communications International Inc. reached an agreement with union officials on voluntary buyouts for about 700 workers to cut costs as customers shut off phone lines

Nacchio conviction reversed By Andy Vuong Denver Post Monday, March 17, 2008 Article Last Updated: 03/17/2008 11:53:08 AM MDT The 10th Circuit Court of Appeals has reversed the guilty verdict in the insider trading case of former Qwest CEO Joe Nacchio and ordered a new trial before a different judge

Conduct complaint vs. judge proceeds. Whether Nottingham tarred office is taken under advisement  By Sara Burnett Rocky Mountain News Friday, March 14, 2008 U.S. District Judge Edward Nottingham, recently linked to a high-priced escort service in Denver, is the focus of a broadening investigation into allegations he "has brought disrepute to the judiciary," the Rocky Mountain News has learned

Allegations against Spitzer don't affect Nacchio case, experts say By Jeff Smith Rocky Mountain News Wednesday, March 12, 2008 It's been a wild week in the continuing saga of former Qwest CEO Joe Nacchio.  And that's without any new development in his criminal or civil cases

Spitzer spurs lots of crowing By Al Lewis Denver Post Tuesday, March 11, 2008 Anyone who ever sat in Eliot Spitzer's cross hairs can feel better now, laughing about his dark side

Pampered CEOs ruin others  By Al Lewis Denver Post Sunday, March 9, 2008 One lawmaker called it "a sanctimonious search for scapegoats."

Sol Trujillo, CEO, Telstra. Trujillo became CEO in 2005 when company was losing its dominance in Australia. Has run three communication company in three continents: U.S. West, Orange, Telstra By Andrew Stevens The Boardroom, CNN.com Friday, March 7, 2008 Now, privatized and owned by millions of shareholders, Telstra has struggled to remain a dominant force in telecommunications down under as competition heats up

CEOs defend their high pay on Hill By Jim Abrams, Associated Press Writer Denver Post Saturday, March 8, 2008 WASHINGTON Three corporate executives called in for a shaming by Democratic lawmakers Friday defended raking in hundreds of millions of dollars despite contributing to the subprime mortgage crisis that has their companies reeling from losses and the nation on the edge of recession

Judge under scrutiny. Allegations raised involving escort service Rocky Mountain News Saturday, March 8, 2008 Chief federal Judge Edward W. Nottingham, who admitted to indiscretions at a downtown topless club, also may have been a client of a high-priced escort service, according to a television news report.

Observers await result of Nacchio appeal. The decision of a three-judge panel could come any day. The ex-Qwest CEO was found guilty last April. By Andy Vuong Denver Post Friday, March 7, 2008 Nearly a year after the criminal insider-trading trial of former Qwest chief executive Joe Nacchio, jurors, shareholders and retirees are anxiously awaiting the outcome of the appeal on his conviction

Health insurers get poor marks from hospitals. UnitedHealth is rated worst of the bunch in a a survey of executives. By Lisa Girion, Staff Writer
Los Angeles Times Thursday, March 6, 2008
The nation's biggest health insurers lately have taken to rating hospitals on quality and cost, saying the information can help patients make better choices

SEC targets 5 former Qwest execs Denver Post Thursday, March 6, 2008
The Securities and Exchange Commission will file an amended fraud case against five former Qwest officials, including former Qwest chief executive Joe Nacchio, on March 14, according to a new court filing

Labor issues may find ballot. 'Right-to-work' measure, reins on firing workers and allowing corporate fraud suits in mix  By Joanne Kelley and David Milstead Rocky Mountain News Wednesday, March 5, 2008 The next showdown between Colorado's labor movement and various business interests may be decided by voters in November

Former Milberg Witness To Plead Guilty to Perjury By Nathan Koppel The Wall Street Journal Friday, February 29, 2008 John Torkelsen, a former expert witness used by Milberg Weiss LLP and other plaintiffs class-actions firms, has agreed to plead guilty to a perjury charge for making false statements in federal court

Qwest CEO takes comfort in his VP By Jane Hoback and Gil Rudawsky Rocky Mountain News Saturday, March 1, 2008 Qwest CEO Ed Mueller's coming-out party this week at the ritzy St. Regis Hotel on Fifth Avenue in Manhattan featured gourmet sandwiches, pasta salad and a couple of pieces of sushi served in an attractive Bento box

Six questions for Ed Mueller. Qwest CEO looks to the future By Jeff Smith Rocky Mountain News Wednesday, February 27, 2008 Qwest CEO Ed Mueller took a few minutes with Rocky Mountain News reporter Jeff Smith after hosting an analyst meeting Monday in New York

Qwest gives execs stock awards. CEO gets $8.4 million out of total $17 million By David Milstead Rocky Mountain News  Wednesday, February 27, 2008 Qwest has given five of its top executives stock awards valued at nearly $17 million

Qwest OKs targets for exec bonuses Denver Post Wednesday, February 27, 2008 The compensation and human-resources committee of Qwest's board of directors approved specific performance targets used to calculate the 2008 Qwest Management Bonus Plan, according to a Tuesday filing

Sprint's signal may be fading with Qwest as Verizon enters partner talks
By Crayton Harrison, Bloomberg News Denver Post Wednesday, February 26, 2008 Verizon Communications is in talks to replace Sprint Nextel as the wireless partner of Qwest, according to Verizon executives

Qwest promotes strategy chief Rocky Mountain News Saturday, February 23, 2008 Qwest Communications has named Stephanie Comfort executive vice president of corporate strategy.  The move is a promotion for Comfort, who was tapped by Qwest Chairman and CEO Edward Mueller to lead the firm's strategic planning last September

CU prof Caruther second on charitable giving list By Joanne Kelley Rocky Mountain News Saturday, February 23, 2008 It takes giving more than $1 billion to charity to be named among the most generous philanthropists in the country these days

Qwest courts analysts in N.Y. amid skepticism By Kimberly S. Johnson Denver Post Sunday, February 24, 2008 Qwest chief executive Ed Mueller's trip to New York to meet with analysts Monday is an important step in convincing analysts that he has a solid, long-term plan for the company

Qwest's "Billion-dollar opportunity". CEO Ed Mueller says only 32 percent of broadband customers in the 23 markets Qwest serves get it from the Denver-based provider, which also seeks partnerships to improve wireless business. By Kimberly S. Johnson Denver Post Tuesday, February 26, 2008 Qwest chief executive Ed Mueller said Monday that the company intends to leverage new and existing partnerships to boost its revenues

Closing Argument:  Mr. Lerach Mulls Life Behind Bars. Guilty but Defiant, The Plaintiffs' Lawyer Kicks Back in La Jolla By Peter Lattman The Wall Street Journal Tuesday, February 12, 2008 Staring at a pile of newspapers stacked before him over breakfast recently at the La Jolla Beach & Tennis Club, fallen class-action lawyer William Lerach recalled how for years he read as many as six papers a day

"Vulture" heads to hoosegow" By Al Lewis Denver Post Wednesday, February 13, 2008 Here's something you never, ever see:  renowned consumer advocate Ralph Nader writing a letter to a federal judge asking him to go easy on a confessed white-collar crook

Lerach Gets Two The Wall Street Journal Tuesday, February 12, 2008 Tort baron Bill Lerach was sentenced to two years in prison yesterday, and he can consider himself a lucky man

U.S. pension guarantor alters investment strategy From Reuters Los Angeles Times Tuesday, February 19, 2008 WASHINGTON The Pension Benefit Guaranty Corp. said Monday that it had adopted an investment policy designed to increase chances that the government pension guarantor would be fully funded within 10 years

When dividends are . . . or are not By David Milstead Rocky Mountain News Wednesday, February 20, 2008 Qwest shareholders are getting something tomorrow that they haven't seen in a long, long time:  a dividend

Qwest exposed in claims. Telco may have to pay more in class-action suits By Jeff Smith Rocky Mountain News Saturday, February 16, 2008 Qwest Communications warned this week that it might have to pay more money to settle shareholder class-action claims against former CEO Joe Nacchio and former CFO Robert Woodruff

Nacchio prosecutor leaving federal post By Sara Burnett Rocky Mountain News Wednesday, February 6, 2008 Cliff Stricklin, lead prosecutor on the team that secured a conviction of former Qwest CEO Joe Nacchio, said Tuesday he will leave his job as first assistant U.S. attorney for Colorado this spring to enter private practice

SEC to review, perhaps trim, Qwest fraud suit By Sandy Shore, Associated Press Denver Post Wednesday, February 5, 2008 Federal regulators agreed Monday to review and perhaps streamline their civil fraud lawsuit against former Qwest executives so the allegations would not involve the telecom's secret business dealings with clandestine government agencies

Qwest civil trial's focus whittled down. Judge urges SEC to shelve charges to keep U.S. secrets By Jeff Smith Rocky Mountain News Tuesday, February 5, 2008 A federal magistrate Monday encouraged the Securities and Exchange Commission to consider eliminating civil-fraud allegations against five former Qwest executives that could implicate national secrets

Treasury Allows Some Pension Freeze By Ellen E. Schultz and Theo Francis The Wall Street Journal Saturday, February 2, 2008 Under intense pressure from employers, the Treasury issued a ruling that allows companies to freeze the pensions of older workers in certain cases without running afoul of laws meant to protect employees' nest eggs.

Tellabs must face securities fraud suit Chicago Sun Times Friday, January 18, 2008 Tellabs Inc., the Naperville telecommunications equipment maker, must face a securities fraud suit claiming the company and a former chief executive made misleading statements about its financial prospects

Qwest sends man $4,600 By Andy Vuong Denver Post Tuesday, January 15, 2008 Former Qwest cable splicer Don Keller estimates he lost more than $300,000 in his retirement account because of the Denver company's dramatic stock-price collapse amid an accounting scandal and the tech downturn

Qwest goes all out for its first full-blown analyst meeting since Nacchio
Denver Post Sunday, January 27, 2008
Qwest will host its first full-blown analyst meeting since the days of Joe Nacchio on Feb. 25.  And the Denver-based company is going all out

Qwest to move 200 jobs as part of consolidation By Andy Vuong Denver Post Thursday, January 24, 2008 Qwest on Wednesday notified about 200 directory-assistance and operator workers, including 36 in Colorado Springs, that their jobs will be moved to other locations as part of a consolidation

Qwest to move 200 jobs as part of consolidation By Andy Vuong Denver Post Thursday, January 24, 2008 Qwest on Wednesday notified about 200 directory-assistance and operator workers, including 36 in Colorado Springs, that their jobs will be moved to other locations as part of a consolidation.

Shares of the Denver-based telecom are down 20 percent since the beginning of the year. Are they undervalued? By Andy Vuong The Denver Post The telecommunications sector has taken a beating from the markets so far this year, and Qwest has been among the hardest hit.

SEC asks judge to cut defense's questions By Jeff Smith Rocky Mountain News  Friday, December 21, 2007 Federal regulators on Thursday asked a judge to limit the questions that can be posed by five former Qwest executives in a civil fraud lawsuit

Qwest wins DOE contract Denver Business Journal Thursday, December 20, 2007 Qwest Communications International Inc. won an $8.3 million contract to upgrade the U.S. Department of Energy telephone network at its Washington D.C.-area offices, the company announced Wednesday

New precedent is only certainty By Scott Robinson Rocky Mountain News Wednesday, December 19, 2007 Will the Nacchio conviction survive appeal?

Nacchio's got me, babe By Al Lewis Denver Post Wednesday, December 19, 2007 The clock radio blares at 6 a.m.  Sonny and Cher are singing "I've Got You Babe."  I wake up, horrified, and realize it's time to cover the insider-trading trial of Joe Nacchio again

What world are the judges and Nacchio's defense living in By David Milstead Rocky Mountain News Wednesday, December 19, 2007 If the judges on the 10th Circuit Court of Appeals aren't living in the same alternate reality as his defense attorneys, they seem to be neighbors

Case may hinge on witness. Appellate judges show concern that law professor couldn't testify By Sara Burnett and Jeff Smith Wednesday, December 19, 2007 Three judges hearing Joe Nacchio's appeal Tuesday seemed troubled that a defense witness was not allowed to give key testimony at his insider-trading trial

Judges narrow case to two points. The appeal's outcome could boil down to the significance of Nacchio's inside information and a witness' exclusion By Andy Vuong Denver Post Wednesday, December 19, 2007 A three-judge panel Tuesday focused on two points during the oral arguments of former Qwest chief executive Joe Nacchio's criminal-insider-trading appeal:

It's second round for Nacchio. The defense team for the former Qwest chief executive is expected to zero in on jury instructions By Andy Vuong Denver Post Tuesday, December 18, 2007 Article Last Updated: 12/18/2007 12:24:23 AM MST On many fronts, Joe Nacchio's appeal of his criminal-insider-trading conviction is unusual

Former Qwest CEO's attorney has made winning a habit By Sara Burnett Rocky Mountain News Tuesday, December 18, 2007 It was about seven minutes into Maureen Mahoney's 2003 argument before the U.S. Supreme Court on behalf of the University of Michigan that Justice John Paul Stevens slipped, just for a moment

The new CEO says the telecom will spend $300 million to boost broadband speed rather than roll out a costly television service By Andy Vuong Denver Post Tuesday, December 18, 2007 New Qwest chief executive Ed Mueller on Monday unveiled his strategic plan for the company, which doesn't stray far from the path laid by his predecessor

Qwest to reinstate dividend, ending a six-year absence By Jeff Smith Rocky Mountain News Friday, December 14, 2007 Qwest Communications is resuming a shareholder dividend after a six-year absence, a move welcomed by retirees and analysts

McGuire can't use the UnitedHealth airplanes anymore by Chris Snowbeck St Paul Pioneer Press Friday, December 7, 2007 Ah, the fine print. On page 61 of the court document filed Thursday governing the settlement agreement between former chief executive officer William McGuire and Minnetonka-based UnitedHealth Group, are some choice details

Court will decide fate of Nacchio next week. If the appeals panel upholds his insider-trading conviction, few options will remain By Andy Vuong The Denver Post Sunday, Devember 9, 2007 The game will be on the line for former Qwest chief executive Joe Nacchio next week when a three-judge panel hears the appeal on his insider-trading conviction

Qwest dividend may be on way. It would be the first for the firm since 2002.  CEO Mueller is set to disclose his strategic plan soon By Andy Vuong Denver Post Wednesday, December 12, 2007 Qwest chief executive Ed Mueller is expected to disclose by Monday his much-anticipated strategic plan, which should include the announcement of a dividend, according to a Wall Street analyst

Nacchio team makes case to toss suit By Andy Vuong Denver Post Tuesday, December 11, 2007 A civil fraud lawsuit pending against former Qwest Chief Joe Nacchio should be tossed if a federal judge allows the government to invoke its state-secrets privilege, his attorneys wrote in a filing Monday

Nacchio's appellant hearing next week:  Will he attend? By Jeff Smith Rocky Mountain News Tuesday, December 11, 2007 Will Joe Nacchio attend his appellate hearing next week?

Appeals court names panel in Nacchio case. Same 3 judges who OK'd bail to review conviction By Sara Burnett Rocky Mountain News Tuesday, December 11, 2007 The same three appellate judges who ruled that Joe Nacchio could remain free pending an appeal of his conviction of insider trading will hear his case next week, the 10th Circuit Court of Appeals announced Monday

Appeals Court Lets Stand FCC Relief for Verizon By Corey Boles The Wall Street Journal Saturday, December 7, 2007 WASHINGTON -- An federal appeals court rebuffed an attempt by Sprint Nextel Corp. and Qwest Communications International Inc. to overturn relief Verizon Communications Inc. won last year from rules governing aspects of its commercial broadband service

Ex-Qwest accountant seeks right to fully question regulators By Sandy Shore, AP Business Writer Denver Post Saturday, December 8, 2007 DENVERA former Qwest Communications accountant accused in a civil fraud case should be granted full access to question federal regulators about evidence against him, his attorney argued Friday

Texas teachers settle case for $61.6 million By Jeff Smith Rocky Mountain News Saturday, December 8, 2007 The Teacher Retirement System of Texas announced it has reached a $61.6 million settlement with Qwest Communications on allegations of securities fraud during former CEO Joe Nacchio's tenure

Review and Outlook:  Union Proxies The Wall Street Journal Friday, December 7, 2007 To hear his critics tell it, SEC Chairman Chris Cox threw American investors to the wolves last week.  His crime?  He voted to maintain a status quo that had gone unchallenged for 30 years until last year

Former UnitedHealth CEO McGuire To Give Back More Than $600 Million By Vanessa Fuhrmans and James Bandler The Wall Street Journal Thursday, December 6, 2007 In one of the largest executive pay givebacks ever, former UnitedHealth Group Inc. chief executive William McGuire has agreed to repay more than $400 million to settle civil and federal government claims

Telstra, Australia Discuss Plan to Build Web Network By Rachel Pannett
The Wall Street Journal Wednesday, December 5, 2007
CANBERRA, Australia -- Telstra Corp. will work with Australia's newly elected Labor government on its election promise to build an A$4.7 billion ($4.14 billion) high-speed Internet network

AT&T to hang up on pay-phone business By The Denver Post 12/03/2007 11:33:24 PM MST SAN ANTONIO — AT&T Inc., the biggest U.S. phone company, plans to leave the pay-phone business after 129 years as more people use wireless handsets to make calls on the go.

Pay phones fade away at AT&T. Relic loses place to cell phones; only a million left By Jeff Smith Rocky Mountain News Tuesday, December 4, 2007 U S West retiree Jim Killorin bought a beat-up phone booth at a Bell secondhand shop in the mid-1980s

Ex-Qwest accountant seeks dismissal of SEC case The Associated Press Denver Post Saturday, December 1, 2007 DENVER—Attorneys for a former Qwest Communications accountant said Friday that it is unfair for federal regulators to accuse him of fraud, and then have federal prosecutors try to prevent him from collecting evidence for his defense

Convention dials Qwest cliffhanger. The telecom giant has given Democrats the biggest cash pledge. But what it wants in return could prove dicey By Chuck Plunkett and Andy Vuong Denver Post  Saturday, December 2, 2007 The biggest pledged donation for the 2008 Democratic National Convention is the subject of continuing rocky negotiations as the result of a crosstown rivalry between two telecommunications companies

Zander out as CEO; Brown to assume post Rocky Staff And Wire  Saturday, December 1, 2007 Ed Zander is out as Motorola Inc.'s chief executive after a roller coaster four years that saw him oversee the cell-phone maker's Razr-led resurgence but ultimately bear blame for strategic gaffes that led to its steep decline

Cox, in Denying Proxy Access, Puts His SEC Legacy on Line By Kara Scannell The Wall Street Journal Thursday, November 29, 2007 A high-stakes battle over shareholder rights, dubbed "proxy access," has become a proxy for something else:  the performance of Christopher Cox, chairman of the Securities and Exchange Commission

Seating will be tight at Nacchio's appeal By Jeff Smith Rocky Mountain News Wednesday, November 28, 2007 Limited public seating will be available on a first-come basis for former Qwest CEO Joe Nacchio's appellate hearing Dec. 18

NBA player to be Qwest spokesman Denver Post Wednesday, November 28, 2007 Denver-based Qwest announced Tuesday that NBA player and 2006-07 "Sixth Man of the Year" award winner Leandro Barbosa has agreed to serve as a company spokesman

Firms Step In To Help Cover Relocation Costs. Housing Slump Prods Some To Buy Employees' Houses And Make Up for Losses By Alex Frangos The Wall Street Journal Tuesday, November 27, 2007 The fallout from the housing bust is making it more expensive for workers to relocate for jobs, and that's putting pressure on employers to offset housing-related losses for transferring employees

CEOs fake the money and run. Take this;  now go away By Al Lewis Denver Post Tuesday, November 27, 2007 Latest market rumor:  Citigroup plans to cut up to 45,000 employees

Qwest-watchers wait for vision. No details yet, Mueller says, but here are some things to expect By Andy Vuong Denver Post Sunday, November 25, 2007 By year's end, Qwest chief executive Ed Mueller will unveil his grand vision for the Denver-based telecommunications company he took over in mid-August

Qwest OKs payouts to PERA, Alaskan AG Denver Post Wire Services Wednesday, November 22, 2007 Qwest has agreed to pay $15.5 million to the Colorado Public Employees' Retirement Association and $19 million to the Alaskan Attorney General's Office

Nacchio's defense calls case against him flawed By Sara Burnett Rocky Mountain News Wednesday, November 21, 2007 In its final court filing before facing the 10th Circuit Court of Appeals next month, Joe Nacchio's defense team said Tuesday that the government's arguments for convicting the former Qwest CEO of insider trading were flawed and should be scrutinized "with care."

Law Firm Seeks Hefty Fee Payout For Enron Suit By Nathan Koppel The Wall Street Journal Wednesday, November 21, 2007 A San Diego law firm founded by trial lawyer William Lerach is seeking nearly $700 million in legal fees for itself and other plaintiff lawyers for work on the Enron Corp. securities litigation, according to a filing yesterday in federal court in Houston

Feds "transform" testimony By Andy Vuong  Denver Post Wednesday, November 21, 2007 Federal prosecutors misrepresented testimony from former Qwest chief executive Joe Nacchio's criminal trial in a filing in which they argued for his conviction to be upheld, Nacchio's appellate attorney alleges in a new court filing

Briefs: Qwest's lobbying toll: over $1.8 million Denver Post Sunday, November 18, 2007 Denver-based Qwest spent more than $1.8 million to lobby the federal government in the first half of 2007, according to a disclosure form

Nacchio: Use of state secrets fought.The nation's top intelligence officer files a notice that says disclosure of government contracts could harm the U.S By Andy Vuong Denver Post Tuesday, November 20, 2007 The country's top intelligence officer has joined the fray in a civil fraud case against former Qwest chief executive Joe Nacchio and four other former company officials

SEC seeks limit on ex-Qwest accountant's questions By Andy Vuong Denver Post Tuesday, November 20, 2007 The government asked a magistrate judge today to limit the scope of depositions issued by a former Qwest accountant charged with fraud

Ford Expects to See Health Savings Ahead of Rivals By Terry Kosdrosky and Jeffrey McCracken The Wall Street Journal Friday, 2007, November 16, 2007 Ford Motor Co. said its new labor deal with the United Auto Workers will let it book savings on retiree health care as early as the third quarter of 2008, ahead of its Detroit rivals, and will allow it to buy out more workers

3 unions organize into giant of labor. Some observers expect the group of public employees to dominate bargaining efforts By John Ingold Denver Post Friday, November 16, 2007 Three of the largest public employee unions in Colorado are joining forces to woo state workers, creating a labor behemoth that some observers believe will dominate the effort to organize state employees

Feds rebut Nacchio defense. Prosecutors stick with arguments made at trial By David Milstead Rocky Mountain News Saturday, November 10, 2007 Prosecutors said in April that Joe Nacchio told investors Qwest would hit its financial targets even though he knew the company's revenue was weakening -- then made millions by selling his stock on that inside information

Directors buy into Qwest Denver Post Tuesday, November 13, 2007 Three members of Qwest's board of directors have bought company shares in the past week

Prosecutors argue there's evidence to maintain Nacchio conviction  By Sandy Shore, AP Business Writer Denver Post Saturday, November 10, 2007 Federal prosecutors in papers filed today asked an appellate court to uphold the $52 million insider-trading conviction of former Qwest chief Joe Nacchio, disputing his claim that the evidence was insufficient to find him guilty

Health insurers see lucrative market with early retirees. Roughly 7 million Americans between the ages of 50 and 64 are uninsured. Federal Medicare kicks in at age 65. By Tom Murphy, The Associated Press Denver Post Sunday, November 4, 2007 INDIANAPOLISHealth insurers trying to boost individual policy sales are making a new push into an older market -- the roughly 7 million uninsured Americans between the ages of 50 and 64

Ford and UAW Reach Tentative Agreement By Mike Spector and Jeffrey McCracken The Wall Street Journal Saturday, November 3, 2007 Ford Motor Co. and the United Auto Workers union reached a tentative agreement on a new contract after more than 40 hours of marathon negotiations over the past two days

Papers Contradict Nacchio's Defense Qwest Was Considered for NSA Contract By Carrie Johnson Washington Post Staff Writer Tuesday, October 23, 2007 Qwest Communications belonged to a business alliance that won a rich national security contract in the summer of 2001

Nacchio affects spy probe. His court filings point to government surveillance months before 9/11 By Andy Vuong Denver Post Sunday, October 21, 2007 Recent revelations about former Qwest chief executive Joe Nacchio's classified-information defense

Qwest's Mueller in a jam By Al Lewis Denver Post Friday, November 2, 2007 When you're new on the job, one of the smartest things you can do is keep your ears open and your mouth shut

Faced With Stagnant Sales, Qwest Plans Fiber Upgrade By Roger Cheng The Wall Street Journal Tuesday, October 30, 2007 Qwest Communications International Inc.'s third-quarter net income rose sharply on a one-time tax gain, but investors were concerned by a lack of clarity and delays in setting a dividend plan. Shares fell 14%

Feds: No act existed against Qwest. The U.S. denies defense claims of retaliation over Qwest's refusal to aid warrantless spying. By Kelly Yamanouchi Denver Post Tuesday, October 23, 2007 Qwest was not retaliated against after former chief executive Joe Nacchio refused to participate in the government's warrantless-wiretapping program in 2001

Class-action lawyer pleads guilty. Former Milberg Weiss partner William Lerach faces up to two years in prison for conspiracy in a scheme to bribe plaintiffs By Molly Selvin, Staff Writer Los Angeles Times Tuesday, October 30, 2007 William S. Lerach, the securities lawyer whose multibillion-dollar recoveries on behalf of aggrieved shareholders made him a lightning rod, pleaded guilty Monday to a criminal charge that could send him to prison for up to two years

Verizon Agrees to Yearly Advisory Vote On Executive Pay Bloomberg News Washington Post Friday, November 2, 2007 Verizon Communications will hold a vote each year for investors to weigh in on executive pay, the second time a U.S. company has allowed such a measure

Pensions may be outsourced. Banks look to take the plans and their assets off the hands of employers By Jonathan Peterson, Staff Writer Los Angeles Times Wednesday, October 31, 2007WASHINGTON Would you feel comfortable if your company sold off your pension plan to a big bank?

Qwest investors rattled over Q3 report By Jeff Smith Rocky Mountain News Tuesday, October 30, 2007 Qwest's third-quarter profits soared on a one-time tax gain today, but revenues were down 1.5 percent and shares fell by more than 10 percent in early trading amid investor concerns over the Denver telco's strategy

Prosecution: No retaliation against Nacchio By David Milstead Rocky Mountain News Tuesday, October 23, 2007 Prosecutors fought ex-Qwest CEO Joe Nacchio's charge of government retaliation by pointing out that Qwest actually got a piece of the business Nacchio's attorneys say was lost

FCC Ready to Ban Exclusive Cable Contracts. Deals With Developments, Apartment Complexes in Jeopardy By Kim Hart, Staff Writer Washington Post Wednesday, October 31, 2007 When several Loudoun County neighborhoods were built five years ago, a Dulles company won long-term exclusive contracts to provide cable service to hundreds of residents

Qwest Is Quiet on Plans, Despite Profit By Roger Cheng The Wall Street Journal Wednesday, October 31, 2007 While Qwest Communications International Inc.'s third-quarter profit rose sharply on a $2.1 billion tax gain, lack of clarity on its strategy and silence on possible dividend plans weighed on its shares

Qwest settles remaining suits claiming stock-price inflation By Tom McGhee Denver Post Wednesday, October 31, 2007 Qwest has settled all the remaining shareholder lawsuits that accused the company of inflating its stock price in 2001

KPMG Case Delayed As Defense Lawyer Is Disqualified By Chad Bray and Amir Efrati The Wall Street Journal Friday, October 19, 2007 NEW YORK -- A federal judge in Manhattan delayed the trial of three former KPMG LLP executives and a onetime Sidley Austin LLP lawyer yesterday after disqualifying a lead defense attorney in the tax-shelter case

Pair seek separate Qwest fraud trial By Sandy Shore, Associated Press Rocky Mountain News Thursday, October 18, 2007 Two former Qwest Communications accountants claim their rights will be violated if they are tried on civil fraud charges at the same time as three high-ranking one-time executives, including former CEO Joe Nacchio

Surveillance Law Could Hold New Risks for Telecom Firms By Evan Perez The Wall Street Journal Saturday, October 20, 2007 WASHINGTON -- Legislation aimed at updating a law on government-surveillance activities would give telecommunications companies legal immunity for aiding a warrantless wiretapping program after the Sept. 11 terrorist attacks

AT&T, Verizon may shift to union-run health funds. GM, UAW made similar deal last month By Jeff Gree and John Uppert, Bloomberg News The Tennessean Wednesday, October 17, 2007 SOUTHFIELD, Mich. — AT&T Inc., the biggest U.S. phone company, and No. 2 Verizon Communications Inc. may follow General Motors in trying to shift retiree health-care liabilities to a union-run fund, a trend that has broad implications for American workers

Nacchio appeal ripped from pages of Ripley's By Al Lewis Denver Post Sunday, October 14, 2007 Joe Nacchio met with top officials of the National Security Agency in Fort Meade, Md., on Feb. 27, 2001

Former CEO Says U.S. Punished Phone Firm. Qwest Feared NSA Plan Was Illegal, Filing Says By Ellen Nakashima and Dan Eggen, Staff Writers Washington Post Saturday, October 13, 2007 A former Qwest Communications International executive, appealing a conviction for insider trading, has alleged that the government withdrew opportunities for contracts worth hundreds of millions of dollars

Bail Is Set for Lawyer Who Sued for Investors By Michael Parrish New York Times Saturday, October 13, 2007 LOS ANGELES —  Melvyn I. Weiss, known for filing class-action investor lawsuits and representing Holocaust victims, made his first appearance as a defendant Friday in a Los Angeles courtroom

Court unlikely to toss conviction, experts say By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, October 11, 2007 Former Qwest CEO Joe Nacchio could get a new trial based on his appeal, but it's unlikely the appellate court will throw out his insider-trading conviction completely, legal observers said Wednesday

Documents: Qwest was targeted. 'Classified info' was not allowed at ex-CEO's trial By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, October 11, 2007 The National Security Agency and other government agencies retaliated against Qwest because the Denver telco refused to go along with a phone spying program, documents released Wednesday suggest

Qwest shares drop amid broadband concerns By Andy Vuong The Denver Post Friday, October 11, 2007 Qwest shares dropped 5 percent Wednesday after a Wall Street analyst downgraded the company, citing a slowdown in broadband-subscriber growth.

Deal Ends 6-Hour Strike at Chrysler. Automaker Says Union Trust to Run Retiree Health Care By Sholnn Freeman, Staff Writer Washington Post Thursday, October 11, 2007 The United Auto Workers announced yesterday that it reached a tentative contract agreement with Chrysler after a six-hour strike against the automaker

Former Milberg Weiss partner pleads guilty. Steven Schulman faces up to 33 months in prison and will pay more than $2 million in connection with a kickback scheme that the class-action law firm is accused of running. From Bloomberg News Los Angeles Times Wednesday, October 10, 2007 Former Milberg Weiss partner Steven Schulman pleaded guilty in a Los Angeles federal courtroom Tuesday to one count of conspiracy in connection with a kickback scheme that allegedly netted millions of dollars in illicit legal fees

Nacchio appeal detailed in 58 pages. The brief argues there was insufficient evidence and the Denver trial took place in an atmosphere of "vitriol."  By Andy Vuong Denver Post Wednesday, October 10, 2007 The appellate attorney for Joe Nacchio laid out his case Tuesday, detailing in a 58-page opening brief why the former Qwest chief executive should have his insider-trading conviction overturned or, at the very least, be granted a new trial

Top U.S. attorney leaving the case. Cliff Stricklin got high marks as the leading prosecutor in the insider-trading trial, resulting in a conviction. By Andy Vuong Denver Post Tuesday, October 9, 2007 The prosecutor who led the government's criminal-insider-trading case against former Qwest chief executive Joe Nacchio, which resulted in a conviction, is stepping down from the case

UAW, Chrysler Begin Contract Talks By Jeffrey McCracken and John D. Stoll The Wall Street Journal Sunday, October 7, 2007 DETROIT -- Negotiators with the United Auto Workers union and Chrysler LLC were at the bargaining table Saturday as efforts to reach a tentative contract agreement intensified

A Turning Point for Health Care By Chad Terhune and Laura Meckler The Wall Street Journal Thursday, September 27, 2007 The labor agreement reached by General Motors Corp. is the most striking example of a bigger trend sweeping U.S. health-care:  employers renouncing their decades-old role as chief health-care buyer

'Classified' defense attacked. Ex-CEO didn't take secret info tack because it was 'a lie,' Stricklin says By Sara Burnett and Jeff Smith Rocky Mountain News Friday, October 12, 2007 Former Qwest CEO Joe Nacchio didn't present a classified information defense at his insider-trading trial because it was "a lie," the lead prosecutor in the case said Thursday

KPMG Trial, Pared in Scope, Nears After Stormy Prologue By Paul Daviess and Chad Bray The Wall Street Journal Friday, October 12, 2007 NEW YORK  It was once billed as the biggest tax-fraud case in U.S. history

Court unlikely to toss conviction, experts say By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, October 11, 2007 Former Qwest CEO Joe Nacchio could get a new trial based on his appeal, but it's unlikely the appellate court will throw out his insider-trading conviction completely, legal observers said Wednesday

Documents: Qwest was targeted. 'Classified info' was not allowed at ex-CEO's trial By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, October 11, 2007 The National Security Agency and other government agencies retaliated against Qwest because the Denver telco refused to go along with a phone spying program, documents released Wednesday suggest

Qwest shares drop amid broadband concerns By Andy Vuong The Denver Post Friday, October 11, 2007 Qwest shares dropped 5 percent Wednesday after a Wall Street analyst downgraded the company, citing a slowdown in broadband-subscriber growth

Deal Ends 6-Hour Strike at Chrysler. Automaker Says Union Trust to Run Retiree Health Care By Sholnn Freeman, Staff Writer Washington Post  Thursday, October 11, 2007 The United Auto Workers announced yesterday that it reached a tentative contract agreement with Chrysler after a six-hour strike against the automaker

Former Milberg Weiss partner pleads guilty. Steven Schulman faces up to 33 months in prison and will pay more than $2 million in connection with a kickback scheme that the class-action law firm is accused of running. From Bloomberg News Los Angeles Times Wednesday, October 10, 2007 Former Milberg Weiss partner Steven Schulman pleaded guilty in a Los Angeles federal courtroom Tuesday to one count of conspiracy in connection with a kickback scheme that allegedly netted millions of dollars in illicit legal fees

Nacchio appeal detailed in 58 pages. The brief argues there was insufficient evidence and the Denver trial took place in an atmosphere of "vitriol."  By Andy Vuong Denver Post Wednesday, October 10, 2007 The appellate attorney for Joe Nacchio laid out his case Tuesday, detailing in a 58-page opening brief why the former Qwest chief executive should have his insider-trading conviction overturned or, at the very least, be granted a new trial

High Court's Fraud Case Widely Seen as Stand-In for Enron By Carrie Johnson and Robert Barnes, Staff Writers Washington Post Friday, October 5, 2007 The largest corporate frauds in recent history could not have happened without the brainpower of accountants, bankers and lawyers who partnered with executives at the troubled firms

Feds try to 86 "I Spy" defense By Al Lewis, Staff Columnist Denver Post Friday, October 5, 2007 Near as I can tell, former Qwest chief executive Joe Nacchio lived a double life as a secret-agent man

SEC asks judge to deny separate trials in Qwest fraud case By Sandy Shore, AP money.aol.com Friday, October 5, 2007 DENVER (AP)  -  Federal regulators asked a judge Thursday to reject a motion seeking a separate trial for two former Qwest accountants who are among five one-time executives of the telecommunications company facing civil fraud charges

UAW Core Strategy Changes. Tentative GM Contract Reveals a New Formula Designed to Save Jobs By Jeffrey McCracken and Terry Kosdrosky The Wall Street Journal Saturday, September 29, 2007 As details of the United Auto Workers' tentative contract agreement with General Motors Corp. become public, it is becoming clear the deal marks a shift in the union's longtime core strategy for protecting jobs

Retiree precedent? The agreement to move retiree health care responsibility to the union may be repeated at Chrysler and Ford By Dee-Ann Durbin and Tom Krisher, Associated Press Minneapolis Star Tribune Thursday, September 27, 2007 DETROIT General Motors Corp. won its struggle to unload $51 billion in retiree health costs and improve competitiveness in the latest round of contract talks with the United Auto Workers (UAW)

Legal ploy could cloak case. A lawyer for the former Qwest CEO is pressing a familiar national-security defense in a civil fraud case filed by the SEC By Andy Vuong, Staff Writer Denver Post Thursday, September 27, 2007 Much like his criminal case, Joe Nacchio's national-security defense is threatening to engulf and place a cloud of secrecy over a civil fraud case pending against the former Qwest chief executive and several other former company officials

GM, UAW Reach Tentative Agreement. Framework Gives Company More Hiring Flexibility, Creates Health-Care Fund By Joseph B. White, John D. Stoll and Jeffrey McCracken, Staff Reporters The Wall Street Journal Wednesday, September 26, 2007 DETROIT General Motors Corp. and the United Auto Workers early Wednesday morning announced a tentative agreement on a new national contract for about 74,000 U.S. auto workers

Accord on One Key Issue Is Reported in G.M. Talks By Micheline Maynard New York Times Saturday, September 22, 2007 DETROIT, Sept. 21 Negotiators for the United Automobile Workers and General Motors have agreed on the framework for a health care trust, G.M.’s key demand in talks on a new contract

Fight over boards on again. The SEC is looking into how shareholders can have a greater say in choosing directors By Kathy M. Kristof Los Angeles Times Sunday, September 23, 2007 A coalition of investor groups wants to mobilize shareholders to upend proposals that could damage their rights

Unions Bolster Election Budgets. Voter-Outreach Programs To Use New Technologies To Back Democrats in '08 By Kris Maher The Wall Street Journal  Saturday, September 22, 2007 In a bid to help a Democrat reclaim the White House, the labor movement plans to spend a record amount on next year's election to boost its already ambitious voter-outreach program

GM contract talks said to be close to deal on health care trust. Creating the fund to pay for retiree benefits had been the sticking point in negotiations that have dragged on after the contract expired By Dee-ann Durbin, Associated Press Minneapolis Star Tribune Saturday, September 22, 2007 DETROIT General Motors Corp. and the United Auto Workers are close to an agreement on a historic deal that would transfer the automaker's retiree health care costs to a trust managed by the union

UAW, GM still at table. Union balking at taking on retiree health costs, observers say By Tom Krisher, Associated Press St Paul Pioneer Press Friday, September 21, 2007 DETROIT Negotiators for General Motors Corp. and the United Auto Workers, trying to craft a new contract, are still discussing the automaker's proposal to pay the union to form a trust and take over the company's huge retiree health care obligation, according to two people who have been briefed on the talks

Denver lawyer could prove a valuable witness By Al Lewis, Staff Columnist Denver Post Friday, September 21, 2007 A prominent Denver criminal defense lawyer may emerge as a witness in the prosecution of the notorious securities attorney Melvin Weiss

Milberg's Weiss May Face Indictment in Kickback Case By Nathan Koppel The Wall Street Journal Thursday, September 20, 2007 Having secured a plea agreement this week with one of its biggest targets in the criminal prosecution of the Milberg Weiss law firm, the government is moving forward against another

Nacchio transcripts may be made public By Andy Vuong, Staff Writer  Denver Post  Thursday, September 20, 2007 The government will submit redacted transcripts of closed-door hearings in former Qwest chief executive Joe Nacchio's insider-trading case to a federal court by Oct. 3, according to a court filing Wednesday

Redacted Nacchio transcripts to be unsealed By Andy Vuong, Staff Writer Wednesday, Sept 19, 2007 Denver Post The government will submit redacted transcripts of closed-door hearings in former Qwest chief executive Joe Nacchio's insider trading case to a federal court by Oct. 3, according to court filing today

Qwest to inspect wooden poles. Plan disclosed in court papers from '04 accident By James Paton Rocky Mountain News Wednesday, September 19, 2007 Qwest is launching a plan to inspect and test its wooden utility poles across Colorado after a jury found the company was to blame for a 2004 accident that left lineman Andy Blood paralyzed

Some Qwest vacations could be put on hold By Jeff Smith Rocky Mountain News Wednesday, September 19, 2007 Qwest Communications said Tuesday that it is asking managers to avoid scheduling vacations next August and September because of upcoming union negotiations

Merger of Little-Known Telecoms May Mean Rival for Heavyweights By Kim Hart, Staff Writer Washington Post Wednesday, September 19, 2007 Paetec Holding, a little-known New York telecom operator, built its business selling phone and Internet services to corporate customers

Qwest names new IR head By Andy Vuong, Staff Writer Denver Post Tuesday, September 18, 2007 Qwest announced today that Rahn Porter has been named senior vice president of investor relations, replacing Stephanie Comfort, who was recently promoted to a new corporate strategy position

Securities Lawyer Lerach Is Set to Plead Guilty By Nathan Koppel
The Wall Street Journal Tuesday, September 18, 2007 Noted securities lawyer William Lerach is set to plead guilty to one count of conspiracy in the criminal case involving his former law firm, now called Milberg Weiss LLP

Qwest refiles FCC petition for deregulation By Andy Vuong, Staff Writer Denver Post Friday, September 14, 2007 Denver-based Qwest has refiled a petition seeking to lift pricing restrictions on broadband services it sells to competitors and large businesses

Qwest CEO shuffles execs. In a major move, senior VP of investor relations Stephanie Comfort will now be senior VP of corporate strategy By Andy Vuong, Staff Writer Denver Post Tuesday, September 11, 2007 Qwest chief executive Ed Mueller is shuffling the company's senior management team, his first significant move since taking the reins a month ago

Former Qwest exec joins private equity firm  By Andy Vuong, Staff Writer Denver Post  Tuesday, September 11, 2007 Former Qwest operations chief Barry Allen has joined Providence Equity Partners, a private equity firm specializing in telecommunications, as a senior adviser, Providence announced today

Qwest ordered to pay $84 million to injured lineman. Company's safety practices found to be still deficient By David Milstead Rocky Mountain News Friday, September 7, 2007 One of Colorado's largest injury verdicts for a single person is now significantly bigger, with a judge ruling Qwest must pay paralyzed lineman Andy Blood more than $84 million

Qwest jet-set perk questioned. New CEO's use of corporate plane extends to wife, child By Jeff Smith Rocky Mountain News Thursday, September 6, 2007 The personal use of a corporate jet by new Qwest CEO Ed Mueller's wife and stepdaughter is rare

Off to School, in a Corporate Jet New York Times Wednesday, September 5, 2007 Some high school students will be making their way back to school this week on a bus

Analyst expects Qwest to issue dividend By Andy Vuong, Staff Writer Denver Post Wednesday, September 5, 2007 A dividend might be coming soon for Qwest shareholders, according to a Wall Street analyst

Bells May Merge Local Operations, Long Distance The Wall Street Journal Tuesday, September 4,  2007 WASHINGTON -- The Federal Communications Commission told the three remaining Baby Bell companies that they can bring their long-distance arms in-house

Healthcare hassles. Helena woman’s struggles with insurance company over $17,000 bill highlight complicated world of insurance ‘provider networks’ contracts By Mike Dennison Independent Record State Bureau Sunday, September 2, 2007 Nancy Davis went to the only hospital in town this spring for hip-replacement surgery, having had the procedure pre-approved by her health insurance company.

Qwest to let CEO's family use corporate jet By Andy Vuong, Staff Writer Denver Post Saturday, September 1, 2007 Qwest amended the employment contract of new chief executive officer Ed Mueller to allow his wife and youngest daughter to use the company's corporate jet without him present, according to a regulatory filing Friday

Nacchio jurors not happy over decision By The Denver Post Saturday, August 25, 2007 Two jurors who convicted former Qwest chief executive Joe Nacchio of illegal insider trading expressed displeasure with an appellate court's decision last week to allow Nacchio to remain free on bond during his appeal

Nacchio appeal set for Dec. 18 The Denver Business Journal Saturday, August 25, 2007 The U.S. Court of Appeals has set Dec. 18 as the date for oral arguments in the appeal of Joseph Nacchio

AARP to appeal retiree health benefits case to Supreme Court By Susan Kelly Financial Week Friday, August 24, 2007 The AARP will appeal to the U.S. Supreme Court a decision that validates federal regulations allowing companies to provide different health benefits to younger retirees and those eligible for Medicare

Onvoy sold to Colorado company By Katharine Grayson, Staff Writer Minneapolis/St. Paul Business Journal Thursday, August 23, 2007 Regional telecom firm Onvoy Inc. said Wednesday it has been acquired by a Colorado bandwidth services company for an undisclosed amount

Qwest off hook for Nacchio's latest fees By Jeff Smith Rocky Mountain News Friday, August 24, 2007 Wednesday's court ruling allowing former Qwest CEO Joe Nacchio to remain free pending appeal won't result in the Denver telco paying more of his legal fees -- at least not now

Former Qwest CEO Notebaert moves on By Andy Vuong, Staff Writer Denver Post Thursday, August 23, 2007 Former Qwest chairman and CEO Dick Notebaert has lined up his first assignment since retiring last week — a speaking engagement at the University of Notre Dame

What it all means - unfettered Nacchio is a free man for now By Sara Burnett And Jeff Smith Rocky Mountain News Thursday, August 23, 2007 Joe Nacchio won't be reporting to prison anytime soon

Turning of tide leaves a happy clam By Al Lewis, Staff Columnist  Denver Post  Thursday, August 23, 2007 "It's not over." That's what Joe Nacchio told me on his way out of court on July 27

Nacchio to stay free pending appeal By David Voreacos, Bloomberg News Denver Post Wednesday, August 22, 2007 Joseph Nacchio, the former chief executive officer of Qwest Communications International Inc. convicted of insider trading, may remain free on bail while he appeals, a federal court ruled

Qwest CEO pressured to buy assets. Telecom analysts recommend aggressive acquisition strategy By Jeff Smith Rocky Mountain News Wednesday, August 22, 2007 New Qwest CEO Ed Mueller's honeymoon promises to be a short one as pressure mounts to be more aggressive on the merger and acquisition front

Nacchio free pending appeal, judges rule By Sara Burnett and Jeff Smith Rocky Mounatin News Wednesday, August 22, 2007 Former Qwest CEO Joe Nacchio can remain free on bail while his insider-trading conviction is appealed, an appellate panel ruled Wednesday

Qwest opts for experience over aggressiveness. Some analysts are concerned that Ed Mueller lacks the innovation needed for growth. By Andy Vuong. Staff Writer Denver Post Monday, August 20, 2007 Qwest's recent selection of Ed Mueller as chairman and chief executive won praise from analysts focused on steady profits and free cash flow, but left others wondering if the board of directors is a bit gun shy

Q and A with Qwest's new chairman and CEO, Edward Mueller By Jeff Smith, David Milstead and Rob Reuteman Rocky Mountain News Thursday, August 15, 2007 Edward Mueller said Tuesday that Dick Notebaert first called him informally about a potential job last winter

Judge's ex-wife told not to talk. FBI wants silence on his alleged visits to site with porn links By Fernando Quintero Rocky Mountain News Tuesday, August 14, 2007 VAIL - The ex-wife of the federal judge who presided over the high-profile trial of former Qwest CEO Joe Nacchio said Monday the FBI told her to no longer comment about his possible use of his federal computer to access a Web site with links to porn

Judge spent $3,000 at strip club By Felisa Cardona, Staff Writer  Denver Post  Friday, August 10, 2007 Edward W. Nottingham, the chief federal judge in Colorado, spent $3,000 at a downtown Denver strip club and $150 on an Internet dating site, according to court transcripts from his divorce in July

Nacchio to appeal conviction By Andy Vuong, Staff Writer Denver Post Satuday, August 11, 2007 Former Qwest chief executive Joe Nacchio formally notified a federal court today of his plans to appeal his conviction on 19 counts of illegal insider trading

Federal judge 'ashamed' of actions. Strip club outing revealed in divorce By Rocky Mountain News Friday, August 10, 2007 U.S. District Judge Edward Nottingham's marriage ended after his wife discovered more than $3,000 in receipts from a Denver strip club, 9News reported Thursday

Qwest CEO job "attractive" to BellSouth ex By Andy Vuong, Staff Writer  Denver Post Friday, August 10, 2007 Telecommunications veteran and former BellSouth executive Dick Anderson, floated as a possible candidate to replace retiring Qwest chief executive Dick Notebaert, said Thursday that he thinks leading the Denver-based company would be appealing

Milberg Weiss loses bid to dismiss fraud charges. A judge rejects the law firm's contention that it didn't illegally pay kickbacks to plaintiffs By Molly Selvin, Staff Writer Los Angeles Times Tuesday, August 7, 2007 A federal judge Monday denied motions to dismiss charges against a New York law firm, a former partner in the firm and two other defendants in a fraud and conspiracy case scheduled for trial in Los Angeles next year

Qwest suit may win class status. If enough call-center workers sign on, the suit over overtime pay will get class-action certification. By Andy Vuong, Staff Writer Denver Post Tuesday, August 7, 2007 A federal judge in Minnesota has granted conditional class-action certification to a lawsuit that alleges Qwest failed to pay its call-center employees for overtime work

Class-action suit against Qwest is certified By H.J. CUMMINS Minneapolis Star Tribune Saturday, August 4, 2007 A Minnesota federal court has conditionally certified a class-action lawsuit against Qwest Communications

Workers, retirees say Nacchio sentence fits By Virgil Larson, Staff Writer Omaha World-Herald Friday, August 3, 2007 Judy Weis watched two momentous days in Joe Nacchio's life on closed-circuit TV

Notebaert successor picked? By Andy Vuong, Staff Writer Denver Post Friday, August 3, 2007 A Wall Street analyst said comments made by Qwest chief executive Dick Notebaert this week appear to indicate his successor has been picked

Nacchio appeals judge's bail denial By Andy Vuong, Staff Writer Denver Post Friday, August 3, 2007 Former Qwest chief executive Joe Nacchio is appealing a federal judge's denial of his request to remain free on bail during the appeal of his illegal-insider-trading conviction

Qwest Cost Cuts Help Net More Than Double in Period A Wall Street Journal News Roundup Thursday, August 2, 2007 Qwest Communications International Inc.'s second-quarter profit more than doubled, helped by further reductions in spending

Qwest: Last call for Notebaert? Outgoing CEO announces sixth straight profit, leaves door open for another job By Andy Vuong, Staff Writer Denver Post Thursday, August 2, 2007 Retiring Qwest chief executive Dick Notebaert said Wednesday he expects the board of directors to announce his successor "very soon," and left the door open for taking another corporate job at some point

Leone gratified at Nacchio sentence By Jeff Smith Rocky Mountain News Thursday, August 2, 2007 Former lead prosecutor William Leone sat in the packed courtroom gallery last Friday, watching Joe Nacchio's sentencing in relative anonymity

Nacchio, Qwest to split legal fees .The ex-CEO's contract required Qwest to pay for his defense.  He'll now have to foot the bill for his appeal attorney and her firm. By Andy Vuong, Staff Writer Denver Post Tuesday, July 31, 2007 Former Qwest chief executive Joe Nacchio will have to pay some of his legal fees as part of an agreement with the company

Nacchio awaiting word on prison. Ex-Qwest CEO's days of freedom down to weeks By Jeff Smith Rocky Mountain News Tuesday, July 31, 2007 Former Qwest CEO Joe Nacchio isn't required to keep in contact with authorities, but he has no passport either as he spends his last few weeks of freedom before being imprisoned on insider-trading charges

Crowd of onlookers tastes vindication in sentence. "I just wanted to see his face," says a retiree who blames a loss of $400,000 in Qwest stock on Nacchio By Greg Griffin, Staff Writer Denver Post Sunday, July 29, 2007 Some came because they lost money in Qwest stock.  Others harbored anger over Qwest's takeover of US West in 2000.  A few were just curious

Tension, zingers reign in courtroom. Judge Nottingham uses a movie quote to bolster his argument that laws should apply to the rich By Greg Griffin and Andy Vuong, Staff Writers Denver Post Sunday, July 29, 2007 Friday's sentencing of Joe Nacchio was more crowded than any single day during his trial and was at tension-filled as the day his verdict was rendered

Prison time satisfies former and current Qwest workers. General feeling is judge meted out right punishment By Joanne Kelley and Chris Walsh, Staff Writers Rocky Mountain News Saturday, July 28, 2007 Mimi Hull gleefully called out "Bye, Joe" as the former Qwest CEO sped away from the courthouse where he received a six-year prison sentence Friday

Prison time satisfies former and current Qwest workers. General feeling is judge meted out right punishment By Joanne Kelley And Chris Walsh Rocky Mountain News Sunday, July 28, 2007 Mimi Hull gleefully called out "Bye, Joe" as the former Qwest CEO sped away from the courthouse where he received a six-year prison sentence Friday

Judge slams door on a dazed, shaken Nacchio By Al Lewis, Columnist  Denver Post  Sunday, July 29, 2007 What did Joe Nacchio want to say? As the curtain closed on his sentencing hearing on Friday, the former Qwest CEO stood before U.S. District Court Judge Edward Nottingham, pleading to speak

Appeal faces tough hurdles. D.C. Justice lawyers take over ex-Qwest CEO's case By Andy Vuong, Staff Writer Denver Post Sunday, July 29, 2007 The uphill battle former Qwest chief executive Joe Nacchio faces to get his illegal-insider-trading conviction overturned and avoid a six-year prison term just got tougher

Nacchio had weak legal hand, and soon folded By Rocky Mountain News Editorial Friday, July 27, 2007 Former Qwest CEO Joe Nacchio held a weak legal hand going into today’s sentencing hearing, and it soon folded before common sense and federal sentencing rules

Ex-Qwest Chief Gets 6-Year Sentence By Dan Frosch New York Times Saturday, July 28, 2007 DENVER, July 27 — A federal judge on Friday sentenced Joseph P. Nacchio, the former chief executive of Qwest Communications International, to six years in prison in what prosecutors called the largest insider-trading case in history

Nacchio gets 6 years. Judge also orders ex-Qwest chief to forfeit $52 million profit, plus fines By Sandy Shore, AP St Paul Pioneer Press Saturday, July 28, 2007 DENVER - Joe Nacchio stood quietly in a packed courtroom Friday as a judge told the former Qwest Communications chief his $52 million in illegal stock sales represented crimes of "overarching greed" and ordered him to prison for six years

Former Qwest Chief Gets 6-Year Prison Term. Nacchio to Pay $71 Million in Insider-Trading Case By Carrie Johnson, Staff Writer Washington Post  Saturday, July 28, 2007 Joseph P. Nacchio, the former chief executive of Qwest Communications International, was sentenced to six years in federal prison, a Denver judge ruled yesterday in capping a lengthy investigation into questionable stock trades

Some glad Nacchio going to prison but say it's still not enough By Colleen Slevin, AP money.aol.com Saturday, July 28, 2007 DENVER (AP) - Behind a bank of television cameras and photographers outside the federal courthouse, Karen Drysdale snapped a photograph Friday with her disposable camera, her 5-month-old granddaughter asleep in the stroller next to her

Nacchio: A man for all seasons Posted by Al Lewis Al Lewis, Denver Post Blog Saturday, July 28, 2007 I wrote on Friday about a woman who compared Nacchio to Shakespeare’s Macbeth.

Qwest Ex-Chief Gets 6 Years In Prison for Insider Trading By Dionne Searcey The Wall Street Journal Saturday, July 28, 2007 DENVER -- Citing greed as the driving factor behind Joseph Nacchio's stock sales, a federal judge sentenced the former chief of onetime highflier Qwest Communications International Inc. to six years in prison and two years of probation for insider trading

Nacchio gets 6 years in prison, must pay $71 million; bail denied By Jeff Smith Rocky Mountain News Friday, July 27, 2007 Federal Judge Edward Nottingham today sentenced former Qwest CEO Joe Nacchio to six years in prison for his conviction in the largest insider-trading case in U.S. history. Nacchio, convicted of 19 counts of insider trading, also was fined $19 million and ordered to forfeit within 15 days the $52 million he made from illegal stock sales

Nacchio to prison for six years Tom McGhee and Andy Vuong, Staff Writers  Denver Post  Friday, July 27, 2007 A federal judge this morning ordered former Qwest chief Joe Nacchio to serve six years in prison and to pay $71 million in fines and forfeitures for illegal insider stock trades he made in 2001

Value of crime to guide sentencing of Nacchio. Nottingham likely to stay within guidelines today By Greg Griffin, Staff Writer Denver Post Friday, July 27, 2007 When Joe Nacchio is given his prison sentence in federal court today, much will ride on the financial value that a judge assigns to his crime

Nacchio's tale echoes that of Macbeth By Al Lewis, Columnist Denver Post Friday, July 27,2007 The tale of former Qwest CEO Joe Nacchio is still being told, but it's already a classic to Tina Eden, a mother of three from Gunbarrel

Mueller's Prepared Testimony, July 26, 2007 3:47 p.m. Robert S. Mueller, III, Director, Federal Bureau of Investigation Statement Before the House Judiciary Committee The Wall Street Journal Friday, July 26, 2007 Good afternoon Chairman Conyers, Representative Smith, and members of the Committee. I am pleased to be here today

Nacchio puts blame on ex-counsel. Fighting the conviction of the ex-CEO, his lawyers say Qwest's general counsel should have kept Joe Nacchio better informed.  By Andy Vuong, Staff Writer  Denver Post Wednesday, July 25, 2007 Former Qwest chief executive Joe Nacchio is pointing the finger at Drake Tempest, the company's former general counsel who often commuted by private jet with Nacchio from the East Coast to Denver when the two worked together

Prosecutors ask court to deny Nacchio new trial By Andy Vuong, Staff Writer Denver Post Wednesday July 25, 2007 Federal prosecutors said in a filing today that former Qwest chief executive Joe Nacchio's motion for a new trial and a change of venue should be denied because pretrial publicity did not prevent the selection of a fair jury

SEC to send checks to Qwest investors By Greg Griffin, Staff Writer Denver Post Wednesday July 07, 2007 The Securities and Exchange Commission plans to send checks totalling $267 million to 200,000 current and former Qwest shareholders beginning next week

Nacchio judge limits testimony by victims By Jeff Smith Rocky Mountain News Monday, July 24, 2007 A federal judge has made it difficult for prosecutors to line up victims to testify at former Qwest CEO Joe Nacchio's sentencing Friday. U.S. District Judge Edward Nottingham, in a ruling Monday, said he would set aside up to 90 minutes for victim statements

Nacchio files motion for bail. Ex-Qwest CEO seeks freedom during appeal; sentencing hearing Friday By Andy Vuong, Staff Writer Denver Post Tuesday, July 24, 2007 Attorneys for former Qwest chief executive Joe Nacchio on Monday filed a motion for bail pending appeal, disclosing that they will raise at least four issues as part of efforts to get his illegal insider-trading conviction overturned

Victim statements OK at Nacchio sentencing By Jeff Smith Rocky Mountain News July 23, 2007 "Victims" will be allowed to make statements for a total of 90 minutes Friday at former Qwest CEO Joe Nacchio's sentencing, but the government must coordinate their appearance, a federal judge ruled today

Prosecutors seek son's medical records By Andy Vuong, Staff Writer Denver Post Monday, July 23, 2007 Federal prosecutors have asked a judge to order former Qwest chief executive Joe Nacchio, who will be sentenced Friday on 19 counts of illegal insider trading, to turn over his son's medical records

New Nacchio lawyer a master of the appeal. Maureen Mahoney has argued 18 cases before the Supreme Court - and has lost only two of them.  By Greg Griffin, Staff Writer  Denver Post Monday, July 23, 2007 Convicted former Qwest chief executive Joe Nacchio hired an attorney with a stellar record before the nation's highest court, a place that experts say his case may never go

Q&A: Curtis Kennedy. A conversation with an attorney for the Association of U S West Retirees By Andy Vuong, Staff Writer Denver Post Sunday, July 22, 2007 Q.  Why did you decide to do this type of work -- taking on large corporations on behalf of retirees?

Ex-Qwest execs face civil trial in 2009. Magistrate lays out deadlines in fraud case filed by SEC By Jeff Smith Rocky Mountain News Saturday, July 21, 2007 The government's civil fraud suit against five former Qwest executives, including former CEO Joe Nacchio, won't go to trial until 2009 based on the latest schedule issued by a federal magistrate Friday

Prison time likely for Nacchio. Guidelines urge 70 to 87 months, but it's up to judge By Sara Burnett Rocky Mountain News Saturday, July 21, 2007 Joe Nacchio is likely to get a ticket to federal prison when he's sentenced Friday for insider trading.  The question is, how long will the former Qwest CEO be ordered to serve, and how much will his conviction cost him?

Nacchio's next stop: Sentencing. Former Qwest CEO Nacchio returns to court in a week to learn his fate By Andy Vuong, Staff Writer Denver Post Friday, July 20, 2007 Former Qwest chief executive Joe Nacchio returns to Denver federal court a week from today for sentencing on his April conviction on 19 counts of illegal insider trading

Powerless, retirees fear losing benefits. They remind workers, who will vote on deal, of sacrifices By Louis Aguilar The Detroit News Tuesday, July 17, 2007 Retirees are typically fiercely proud of their auto careers and staunch defenders of the United Auto Workers union.  But they are growing increasingly concerned about the fate of their health care coverage and pensions during upcoming contract talks

Prosecutors push Nacchio to forfeit $52 million By Jeff Smith Rocky Mountain News Thursday, July 19, 2007 Prosecutors have reiterated that former Qwest CEO Joe Nacchio should be ordered to forfeit $52 million as punishment for his conviction on 19 counts of insider trading

Qwest investors still wait for settlement cut By Jeff Smith Rocky Mountain News Thursday, July 19, 2007 The wheels of justice for Qwest shareholders have been turning slowly.  While their attorneys have been paid tens of millions of dollars, Qwest stockholders from the Joe Nacchio era still are waiting for their cut of a $400 million class-action civil settlement agreed to in late 2005 and approved by a federal judge last fall

Judge sets rules for sentencing in Nacchio case. Government wants the former Qwest CEO, convicted in April, to serve more than seven years By Andy Vuong, Staff Writer Denver Post  Thursday, July 19, 2007 U.S. District Judge Edward Nottingham on Wednesday filed his courtroom rules for the sentencing of former Qwest chief executive Joe Nacchio, who was convicted on 19 counts of illegal insider trading in April

KPMG fraud case wilts. A federal judge throws out charges against 13 former partners, ruling their constitutional rights were violated By Kathy M. Kristof, Staff Writer Los Angeles Times Tuesday, July 17, 2007 A federal judge dismissed criminal charges Monday against 13 former partners of accounting giant KPMG, including two in Southern California, gutting what had been billed as the largest tax fraud case in U.S. history

Another top Qwest executive will retire By Andy Vuong, Staff Writer Denver Post Tuesday, July 17, 2007 Denver-based Qwest said Monday that another member of its senior management team is retiring

Former SEC Officials Enter Securities Case. High Court to Consider Investors' Rights By Carrie Johnson, Staff Writer Washington Post Tuesday, July 17, 2007 Three former Securities and Exchange Commission officials yesterday asked for permission to intervene in a Supreme Court dispute that could determine whether defrauded investors can recover money from third parties

U S West retirees lose appeal over legal fees By Greg Avery Denver Business Journal Friday, July 13, 2007 Lead lawyers for U S West retirees and shareholders were entitled to the $15 million they were paid from a $50 million legal settlement they reached in 2005 after a five-year battle with Qwest Communications International Inc. the Colorado Court of Appeals ruled Thursday

Report: Motorola may hire Notebaert. Wall Street Journal says Qwest boss is candidate for CEO By Jeff Smith Rocky Mountain News Friday, July 13, 2007 Will Qwest CEO Dick Notebaert's retirement be short-lived?  The Wall Street Journal reported Thursday that Notebaert is being discussed as a possible successor to Motorola Chairman and CEO Ed Zander, who is under fire amid a weak financial performance

Motorola's Dim Forecast Raises Pressure on CEO. By Li Yuan, Christopher Rhoads and Joann S. Lublin The Wall Street Journal Thursday, July 12, 2007 Motorola Inc. warned of weaker-than-expected cellphone shipments and said its mobile-devices unit will post a loss for the full year, as the telecommunications-equipment maker continues to struggle to revive its handset business

Milberg Weiss partner agrees to plead guilty. By Edvard Pettersson, Bloomberg News Denver Post Tuesday, July 10, 2007 Los Angeles Milberg Weiss & Bershad partner David Bershad agreed to plead guilty to charges related to a scheme to pay illegal kickbacks to plaintiffs in securities lawsuits, the Justice Department said in an e-mailed statement Monday

The KPMG Fiasco The Wall Street Journal Editorial Tuesday, July 10, 2007 The judge in the "largest criminal tax fraud case in history" is now preparing a ruling that may result in the dismissal of all charges against two-thirds of the 18 so-called KPMG defendants

Monday Morning Sentencing Roundup The Wall Street Journal Posted by Ashby Jones Monday, July 9, 2007 Thanks in part to President Bush’s recent commutation of Scooter Libby’s prison term, we’ve got sentencing on the brain

Will we ever see "I-Spy"defense? By Al Lewis, Staff Writer Denver Post Tuesday, July 10, 2007 Let's throw Joe Nacchio in prison before we hear his defense

Nacchio facing 7 years-plus, if prosecutors have their way. Defense argues for leniency, based on 'prior good works' By Sara Burnett Rocky Mountain News Saturday, July 7, 2007 Former Qwest CEO Joe Nacchio should serve more than seven years in prison and pay a $19 million fine for his conviction on 19 counts of insider trading, prosecutors argued in court documents filed Friday

Nacchio asks for leniency. Kin's health should be weighed in sentencing, lawyers say By Tom McGhee, Staff Writer Denver Post Sunday, July 8, 2007 Judge Edward Nottingham should consider the perilous health of two of Joe Nacchio's family members before agreeing to the 10-year sentence prosecutors say he deserves for illegal insider trading, Nacchio's lawyers said in court documents filed Friday

Nacchio's defense team foresees 'mob scene' The Denver Business Journal Friday, June 28, 2007 Attorneys for former Qwest Communications International Inc. CEO Joseph Nacchio accused government prosecutors of trying to drum up a "mob scene" at the convicted executive's July 27 sentencing hearing under the guise of gathering victims' stories for sentencing

Qwest asks FCC to shift $500 million to rural Web access By Jeff Smith, Rocky Mountain News June 28, 2007 Qwest wants federal regulators to shift about $500 million from a wireless subsidy fund to support high-speed Internet projects in rural areas across the country

'09 start likely for Nacchio's civil trial. The government will file for a summary judgment in the SEC's suit against the former CEO of Qwest.  By Andy Vuong, Staff Writer Denver Post  Thursday, June 28, 2007 The earliest the Securities and Exchange Commission's civil fraud case against former Qwest chief executive Joe Nacchio and other former company officials will go to trial is 2009, based on deadlines set Wednesday by a magistrate judge

Nacchio victims to have their say. Officials want investors' statements at the ex-CEO's sentencing.  A retiree group welcomes the opportunity.  By Kimberly S. Johnson, Staff Writer  Denver Post  Wednesday, June 27, 2007 The government is looking for victims to testify at the sentencing of former Qwest chief executive Joe Nacchio, according to court documents filed Tuesday

Feds ask court for way to notify Nacchio 'victims.' Statements would be at sentencing By Jeff Smith, Rocky Mountain News June 27, 2007 Federal prosecutors on Tuesday requested a process for notifying "victims" so they could exercise their right to be "reasonably heard" at the July 27 sentencing of former Qwest CEO Joe Nacchio

The slickest merger of all: CEOs, cash By Al Lewis, Columnist Denver Post Tuesday, June 26, 2007 Cash Eating Organisms -- or, as most people call them, CEOs -- are handsomely paid no matter how destructive a job they do

Prosecutors Urge Dismissal Of KPMG Indictments. Government Cites Flaw In Tax-Shelter Action; Tactic to Save Case Seen By David Reilly and Paul Davies The Wall Street Journal Monday, June 25, 2007 Federal prosecutors are urging a judge to dismiss indictments against a dozen former KPMG LLP executives on charges they sold illegal tax shelters, the latest twist in what the government has billed as the biggest criminal-tax case in U.S. history

Coin often currency of happiness  By Al Lewis, Staff Columnist Denver Post Sunday, June 24, 2007 Can money buy happiness? You bet it can

Qwest video mired again. Company claims city ordinances are overly restrictive By Andy Vuong, Staff Writer Denver Post Friday, June 22, 2007 Qwest said Thursday that it has hit another roadblock in its efforts to offer video services to compete against cable-television operators such as Comcast

Supreme Court deals blow to securities class actions, 8-1 By Roger Parloff Fortune.com Thursday, June 21, 2007 By a resounding 8-1 margin, the Supreme Court dealt a blow to securities class action plaintiffs this morning by, in effect, requiring that they be able to show fairly convincing evidence of fraud before they can even initiate a lawsuit

Court Sets Securities Suit Standard  By Mark H. Anderson The Wall Street Journal Thursday, June 21, 2007 WASHINGTON -- The U.S. Supreme Court, ruling 8-1 in favor of Tellabs Inc., Thursday endorsed a high pleading standard for class-action securities lawsuits

Qwest sues Comcast over lack of access. The telecom says some Comcast customers have been unable to call Qwest to change providers.   By Andy Vuong, Staff Writer  Denver Post  Wednesday, June 20, 2007 Qwest strikes back. Just more than two weeks after Comcast sued the Denver-based company for false advertising, Qwest is accusing the cable giant of preventing some of its digital-voice phone customers from calling Qwest in an effort to switch service

Qwest VP exercises stock options By Jeff Smith Rocky Mountain News Tuesday, June 19, 2007 Retiring Qwest Executive Vice President Barry Allen, who sold $6 million of stock last year, netted an additional $5.4 million by exercising his remaining vested stock options, according to a regulatory filing late Friday

Retiring Qwest exec exercises options By Andy Vuong, Staff Writer Denver Post Monday, June 18, 2007 Article Last Updated: 06/18/2007 10:15:18 AM MDT Qwest executive vice president of operations Barry Allen, who is retiring at the end of this month, has exercised 1 million stock options and sold the shares for a pretax profit of roughly $5.37 million

Leaving before the job is finished By Al Lewis, Columnist Denver Post Tuesday, June 12, 2007 Qwest was a $5 stock when Dick Notebaert replaced disgraced CEO Joe Nacchio in June 2002

Boss's departure surprises workers. Notebaert called a breath of fresh air after Nacchio By James Paton Rocky Mountain News Tuesday, June 12, 2007 Qwest employees said they'll miss Dick Notebaert, describing their boss as a gung-ho CEO -- maybe too much of a cheerleader at times -- who replied personally to e-mails and heartily greeted them in the hallways

Notebaert's Qwest accomplished By Tom McGhee, Staff Writer Denver Post  Tuesday, June 12, 2007 Last month, a schoolteacher rose at a Qwest shareholders' meeting to ask chief executive Richard Notebaert if he was willing to use $10 million of his own money to replace reduced life-insurance benefits for Qwest retirees

Boss's departure surprises workers. Notebaert called a breath of fresh air after Nacchio By James Paton, Rocky Mountain News  June 12, 2007 Qwest employees said they'll miss Dick Notebaert, describing their boss as a gung-ho CEO - maybe too much of a cheerleader at times - who replied personally to e-mails and heartily greeted them in the hallways

Notebaert's notice a shocker. Announcement concerns analysts, deflates stock By Andy Vuong  Denver Post Staff Writer Tuesday, June 14, 2007 Qwest chairman and chief executive Dick Notebaert's announcement Monday that he will retire as soon as the board finds a replacement shook investors and analysts

Shake-up at top may be in future for Qwest By Andy Vuong, Staff Writer Denver Post Thursday, June 14, 2007 Qwest chief executive Dick Notebaert and his top operations executive, Barry Allen, are on their way out, and former chief financial officer Oren Shaffer left in April

Retiring Qwest CEO heading back to Wisconsin By Andy Vuong, Staff Writer Denver Post Friday, June 15, 2007 Qwest chief executive Dick Notebaert said today that he plans to move back to Wisconsin after his retirement from the telecommunications company

Notebaert says 'Qwest' normal today By Jeff Smith Rocky Mountain News Thursday, June 14, 2007 Qwest CEO Dick Notebaert today answered critics who say he's leaving the Denver telco before the job is finished

Qwest executive VP unloads options. Paula Kruger exercised 100,000 options and sold the shares for a profit of $460,737 two days after Dick Notebaert announced he was retiring as chief executive By Andy Vuong, Staff Writer Denver Post Friday, June 15, 2007 Qwest executive vice president of mass markets Paula Kruger exercised and sold 100,000 stock options two days after Dick Notebaert announced he was retiring as chief executive and chairman, according to a regulatory filing Thursday

Firm goes on Qwest buying spree By Andy Vuong, Staff Writer Denver Post Friday, June 8, 2007 A global investment management firm known for its quantitative models has quietly snatched up tens of millions of Qwest shares over the past two years

Qwest stock rises on analyst upgrade By Andy Vuong, Staff Writer Denver Post Saturday, June 9, 2007 Qwest stock shot up today after a Bank of America analyst upgraded the company and stated that improved cash flow could lead to a dividend or another share buyback

Nacchio claims acts in good faith By Jeff Smith Rocky Mountain News Thursday, June 7, 2007 Former Qwest CEO Joe Nacchio denied allegations he orchestrated a $3 billion massive financial fraud at the Denver telco between 1999 and 2002, saying he acted in good faith "at all times" and relied on accounting and legal experts

Longtime Notebaert ally to retire By Jeff Smith Rocky Mountain News Wednesday, June 6, 2007 Qwest Executive Vice President Barry Allen, recruited in August 2002 by friend Dick Notebaert to help turn around the Denver telco, is retiring June 29, the company announced Tuesday

Qwest executive Allen to retire By Andy Vuong, Staff Writer Denver Post Wednesday, June 6, 2007 Qwest announced today that Barry Allen, executive vice president of operations, is retiring effective June 29

Second top Qwest exec to retire. Executive vice president of operations Barry Allen will retire at the end of the month. He follows Oren Shaffer out the door By Andy Vuong, Staff Writer Denver Post Wednesday, June 6, 2007 Qwest announced Tuesday that Barry Allen, executive vice president of operations, is retiring effective June 29

SEC to Side With Enron Plaintiffs. Agency Asks Court to Back Shareholders By Carrie Johnson, Staff Writer Washington Post Saturday, June 2, 2007 Federal securities regulators will throw their weight behind investors in a big-money dispute that could resolve whether shareholders can sue bankers who enabled their corporate clients to engage in fraud, two people familiar with the decision said yesterday

An Eye-Poke to Investors Who Ignore the Small Print By Herb Greenberg The Wall Street Journal Saturday, June 2, 2007 Journalist Michelle Leder learned the hard way about not reading the footnotes

New CEO Takes Over Telecom Giant AT&T By The Associated Press New York Times Sunday, June 3, 2007 SAN ANTONIO (AP) -- After an acquisition binge that transformed the smallest Baby Bell into a telecommunications heavyweight, AT&T Inc. is undergoing another change Sunday:  a new chief executive.

The more they gain, execs lose public trust By Charles M Denny Minneapolis Star Tribune Monday, June 4, 2007 A continuing series of articles in the business section of the Star Tribune highlights the annual pay packages of our local corporate executives

Alcatel-Lucent Event Disrupted The Wall Street Journal Monday, June 4, 2007 Dozens of whistling and singing protesters forced Alcatel-Lucent Chairman Serge Tchuruk to suspend his opening speech at the shareholders' meeting Friday

Comcast sues Qwest over "false" ads By The Denver Post Tuesday, June 5, 2007 Comcast sued Qwest on Monday, claiming that its new "Broadband Challenge" ads are deceptive and misleading

Nacchio files for acquittal, another trial By Andy Vuong, Staff Writer Denver Post Tuesday, June 5, 2007 Attorneys for former Qwest chief executive Joe Nacchio on Monday filed motions for acquittal, a new trial and a change of venue -- more than six weeks after a federal jury convicted Nacchio on 19 counts of illegal insider trading

'Rude awakening' for Nacchio. Humbling existence likely awaits former Qwest CEO in any prison By Jeff Smith Rocky Mountain News Tuesday, June 5, 2007 Former Qwest CEO Joe Nacchio might not encounter violence in prison, but he faces tedious days devoid of any of the control and amenities he once took for granted

Companies are tuning in to stress. Companies are turning to computer technologies that put relief at employees' fingertips By Kimberly S. Johnson, Staff Writer Denver Post Friday, June 1, 2007 Mike Giovanni works in a stressful environment.  As a transport engineering manager for Verizon Wireless in Denver, he's a technician tasked with maintaining and expanding the company's cellphone network in the Rocky Mountain region

Milberg Weiss Held Talks On Settling Criminal Case By Nathan Koppel The Wall Street Journal Friday, June 1, 2007 Law firm Milberg Weiss & Bershad LLP held talks this week with federal prosecutors about settling a criminal case that alleges the firm made improper kickbacks to class-action clients, according to two people familiar with the case

Ex-Qwest CEO's invoices allegedly backdated By Sara Burnett Rocky Mountain News Friday, June 1, 2007 Joe Nacchio asked his financial adviser on three occasions to change the dates on invoices so Qwest would be stuck with the bill for the service, prosecutors allege

Prosecutors, Nacchio in talks over $52 million forfeiture By Jeff Smith Rocky Mountain News Friday, June 1, 2007 Prosecutors said Thursday they are "in the process" of reaching an agreement in which former Qwest CEO Joe Nacchio would set aside the $52 million he may be ordered to forfeit as a result of his insider-trading conviction

Two local firms to share $20 billion contract By Andy Vuong, Staff Writer Denver Post Thursday, May 31, 2007 Article Last Updated: 05/31/2007 10:56:07 AM MDT Two Colorado telecommunications companies are among the five firms awarded a piece of a federal contract worth up to $20 billion over 10 years

Statewide franchising of cable OK'd in Iowa. The state becomes the first in Qwest's service area to adopt the measure, aiding the company's video push. By Andy Vuong, Staff Writer  Denver Post  Thursday, May 31, 2007 The first state in Qwest's local service territory has approved a statewide cable-franchising measure

Qwest chokes on Nacchio tab By Al Lewis, Staff Columnist Denver Post Sunday, May 27, 2007 Qwest is balking at Joe Nacchio's legal tab after the former CEO was convicted on 19 counts of insider trading last month

CEO Leads Swiss Backlash Over Executive Pay By Edward Taylor The Wall Street Journal Saturday, May 26, 2007 In Switzerland, long a haven for big money, a backlash is developing against outsized executive compensation

Nacchio Sues Qwest To Pay for Legal Defense By Peg Brickley The Wall Street Journal Saturday, May 26, 2007 Joseph P. Nacchio, former chairman and chief executive of Qwest Communications International Inc., sued the company he once led to force it to keep paying his legal fees

Nacchio sues Qwest, claims unpaid legal fees By Jeff Smith, Rocky Mountain News May 26, 2007 Joe Nacchio has sued Qwest Communications, claiming the Denver telco is balking in its obligation to pay legal fees

Nacchio sues Qwest over fees By Al Lewis  Denver Post Staff Columnist May 25, 2007 Qwest is balking at Joe Nacchio's legal tab after the former chief executive was convicted on 19 counts of illegal insider trading last month

Ex-Qwest CEO wants legal fee payments to be guaranteed By SANDY SHORE AP Business Writer May 25, 2007 DENVER- Former Qwest Communications chief executive Joe Nacchio, convicted last month of insider trading, has asked a judge to guarantee the telecommunications company will continue to pay his legal fees

Qwest under scrutiny in Montana By The Associated Press Denver Post Thursday, May 24, 2007 Helena, Mont. - The Montana Public Service Commission has agreed to investigate a complaint, filed by Commissioner Ken Toole before he was elected, that Qwest Communications is exceeding its allowed profit in Montana.

Home Depot Chief Apologizes to Shareholders By Michael Barbaro New York Times Thursday, May 24, 2007 ATLANTA, May 24 — First, there was an apology. As he took the stage here for his first Home Depot shareholder meeting as chief executive, Frank Blake confronted the past, saying he regretted last year’s now infamous annual meeting, when members of the board stayed home and his predecessor, Robert L. Nardelli, refused to take questions from investors

Nacchio prosecutor cites profit obsession. Stricklin says he disagrees with those who say, "Greed is good." By David Milstead Rocky Mountain News Friday, May 25, 2007 Cliff Stricklin, first assistant U.S. attorney for the District of Colorado, spoke to the Denver Rotary Club on Thursday in some of his first comments since the conclusion of the Joe Nacchio trial in April

Nearly $40 million won by paraplegic vs. Qwest By James Paton Rocky Mountain News Friday, May 25, 2007 A jury has ruled against Qwest and awarded nearly $40 million to Andy Blood, 27, a Henderson man who was paralyzed after a telephone pole he was working on collapsed in 2004

Notebaert deserves every penny By Al Lewis, Staff Columnist Denver Post  Friday, May 25, 2007 Why does Dick Notebaert get paid so much? Because he's CEO of Qwest

Nacchio Taps Appellate Specialist Mahoney. WSJ telecom reporter Dionne Searcey filed this dispatch with the Law Blog The Wall Street Journal Thursday, May 24, 2007 To appeal his insider-trading conviction, former Qwest Communications chief Joseph Nacchio has hired a big gun: Latham & Watkins’s Maureen Mahoney

Qwest chiefs cause feathers to fly. Benefit caps, Notebaert's compensation lead some stockholders to squawk By Andy Vuong, Staff Writer Denver Post Thursday, May 24, 2007 The mood was light before Qwest's annual shareholders meeting Wednesday, with chairman and chief executive Dick Notebaert chatting and posing for photos with a shareholder advocate dressed in a chicken suit

Shareholders ruffle Qwest meeting. Retirees upset over benefit cuts, executive pay By Jeff Smith Rocky Mountain News Thursday, May 24, 2007 Qwest's annual stockholders meeting should have been a love fest Wednesday.  After all, the Denver telco posted a $593 million profit in 2006

Nacchio defense fees an issue as Washington lawyer joins his team By Andy Vuong, Staff Writer Denver Post Thursday, May 24, 2007 Five years removed from being Qwest's chief executive, Joe Nacchio's name still comes up during the Denver company's annual stockholders meeting

Qwest chiefs cause feathers to fly. Benefits caps, Notebaert's compensation lead some stockholders to squawk By Andy Vuong, Staff Writer Denver Post Thursday, May 24, 2007 The mood was light before Qwest's annual shareholders meeting Wednesday, with chairman and chief executive Dick Notebaert chatting and posing for photos with a shareholder advocate dressed in a chicken suit

Shareholders ruffle Qwest meeting. Retirees upset over benefit cuts, executive pay By Jeff Smith Rocky Mountain News Thursday, May 24, 2007 Qwest's annual stockholders meeting should have been a love fest Wednesday.  After all, the Denver telco posted a $593 million profit in 2006

Xcel stockholders won't link exec pay, performance. At the company's annual meeting, shareholders also voted down a proposal to split the jobs of CEO and chairman -- and voiced concerns about their dividends. By Mike Meyers Minneapolis Star Tribune Thursday, May 23, 2007 Shareholders of Xcel Energy Inc. on Wednesday defeated a proposal to curb executive pay and influence, but the meeting revealed that a significant number of shareholders are restive about the idea of the same person serving as CEO and chairman

Qwest Shareholder Proposals Denied By Sandy Shore, AP money.aol.com Wednesday, May 23, 2007 Updated:2007-05-23 17:07:20 DENVER (AP) - Qwest Communications International Inc. shareholders soundly rejected Wednesday three proposals that would have given them more clout in decisions about executive compensation

Qwest shareholders reject proposals By Andy Vuong, Staff Writer
Denver Post Wednesday, May 23, 2007 Article Last Updated: 05/23/2007 01:03:00 PM MDT Qwest shareholders defeated proposals today that would have given them an advisory vote on executive compensation and tied stock option awards to the company's performance

Court Limits Judge in KPMG Case By Chad Bray The Wall Street Journal Wednesday, May 23, 2007 NEW YORK -- A federal appeals court said Wednesday that a district judge overseeing the criminal trial of a group of former KPMG LLP executives doesn't have the jurisdiction to oversee a separate legal-fee dispute with the firm

Qwest to propose changes in executive stock policies By Jeff Smith Rocky Mountain News Wednesday, May 23, 2007 Qwest Communications is responding to pressure from its third largest shareholder and will recommend changes to the way it gives stock to its executives

Protesters target Qwest meeting By Andy Vuong, Staff Writer Denver Post Wednesday, May 23, 2007 About 150 Qwest shareholders and at least one chicken are expected to flock to the company's annual shareholder meeting today at the Grand Hyatt in downtown Denver

Nacchio team gains access to juror surveys. Judge Edward Nottingham calls the request by attorneys for the convicted former Qwest chief executive "grasping at straws." By Andy Vuong, Staff Writer Denver Post Wednesday, May 22, 2007 A federal judge on Tuesday granted Joe Nacchio's request for disclosure of questionnaire responses from 1,000 prospective jurors in his illegal-insider-trading trial.

High Court Raises Bar On Antitrust Lawsuits. Latest Tightening Of the Sherman Act Is Bid to Limit Costs By Jess Bravin The Wall Street Journal Tuesday, May 22, 2007 WASHINGTON -- Aiming to rein in the high cost of antitrust litigation, the Supreme Court toughened the standards for plaintiffs to get into court

Feds call Nacchio assets elusive. Funds in wife's name By Greg Griffin, Staff Writer Denver Post Tuesday, May 22, 2007 Federal authorities say they don't know where Joe Nacchio is keeping the $52 million he earned making illegal trades in 2001

Turbulence Over Executive Pay. Airline Workers Question Leaders' Bonuses After Rank-and-File Pay Cuts By Del Quentin Wilber, Staff Writer Washington Post Tuesday, May 22, 2007 FORT WORTH -- American Airlines executives should have been celebrating last week during their annual stockholders' meeting, the first in six years at which they could spotlight an annual profit

He's smiling. They're not. Disconnect: The Qwest CEO's pay package highlights a gulf between executive and employee compensation. By H. J. Cummings, Minneapolis Star Tribune Sunday, May 20, 2007 When Qwest Communications went looking for a new CEO in 2002, Richard Notebaert could play hard to get

Feds ask to freeze Nacchio assets. $52 million sought By Andy Vuong, Staff Writer Denver Post Monday, May 21, 2007 Federal prosecutors are seeking to freeze Joe Nacchio's assets, alleging in a court filing that the former Qwest chief executive transferred at least $133 million and a house in New Jersey to his wife in early 2002 as his legal problems mounted

Nacchio fund freeze sought. Prosecutors: Former Qwest boss put huge assets in wife's name By Sara Burnett Rocky Mountain News Monday, May 21, 2007 Former Qwest CEO Joe Nacchio transferred at least $133 million and one of his New Jersey homes into his wife's name and even considered a divorce in early 2002 so no one could get their hands on his money, prosecutors allege in newly filed court documents

Fewer options. With less lift from stock-option gains, executive pay in the state lost a bit of altitude last year -- a trend that could continue. By John J. Oslund and Patrick Kennedy, Staff Writers Minneapolis Star Tribune Monday, May 21, 2007 With one glaring exception, Minnesota's 100 highest-paid CEOs cashed in fewer stock options in 2006 than they did in 2005

Shareholders At Verizon Back Vote on Executive Pay By Crayton Harrison, Bloomberg News The Wall Street Journal Saturday, May 19, 2007 Verion Communications investors approved a proposal that would give them a nonbinding vote on executive pay, the second time such a measure has been approved by a U.S. public company

Verizon Vote on Pay Too Close to Call. Results on Executive Compensation Proposal Due in a Week By Tomoeh Murakami Tse, Staff Writer Washington Post Friday, May 4, 2007; Page D02 NEW YORK, May 3 -- Shareholders of Verizon Communications voted on a proposal Thursday that would give them an annual vote on pay packages of top executives, but the result is too close to call

AFL-CIO Goes After 6 Verizon Directors. Campaign Tests Shareholder Rights By Tomoeh Murakami Tse, Staff Writer Washington Post Friday, April 20, 2007 NEW YORK, April 19 -- The AFL-CIO has launched a campaign to unseat six members of Verizon Communications' compensation committee, saying they rewarded chief executive Ivan G. Seidenberg with generous pay even as the company's stock languished

Treasury Targets Financial Fixes. Paulson Sets Study on Rise In Corporate Restatements And the Impact on Markets By Deborah Soloman The Wall Street Journal Friday, May 18, 2007 WASHINGTON -- Treasury Secretary Henry Paulson, concerned that the number of corporate financial restatements has "soared" in the past decade, has ordered a study into the cause of the increase and its impact on investors and the U.S. capital markets

Ex-Qwest CEO seeks delays in civil case  By Sandy Shore, AP Business Writer  Denver Post  Friday, May 18, 2007 DENVER - Former Qwest Communications chief Joe Nacchio sought Thursday to delay some proceedings in a civil fraud case against him while he pursues an appeal of his insider trading conviction

Ex-Qwest CEO seeks delays in civil case  By Sandy Shore, AP Business Writer  Denver Post  Friday, May 18, 2007 DENVER - Former Qwest Communications chief Joe Nacchio sought Thursday to delay some proceedings in a civil fraud case against him while he pursues an appeal of his insider trading conviction

Experts scrutinize Qwest exec pay. Reports advocate earnings linked to performance By Jeff Smith Rocky Mountain News Friday, May 18, 2007 Two leading shareholder advisory firms support Qwest shareholder proposals that would more closely link stock awards and executive compensation to performance

Szeliga settlement another boost for fund. Investors will get $577,000 if court OKs agreement By Jeff Smith Rocky Mountain News  Wednesday, May 16, 2007 It's not a lot in the scheme of things, but a Qwest investors restitution fund has been boosted by more than $3 million as a result of settlements between the federal government and former Qwest executives

Supreme Court declines to rule on Qwest case By The Associated Press Denver Post Article Last Updated: 05/14/2007 11:28:22 AM MDT WASHINGTON - The U.S. Supreme Court today turned down an appeal from an Iowa telecommunications company that claimed Qwest Communications International Inc. owed it money for wireless phone calls that Qwest connected to its network.

For Telstra, Deal Is Option. CEO Says No Suitors Have Come Forward; 'Not on Our Agenda' By Susan Murdoch The Wall Street Journal Tuesday, May 15, 2007 MELBOURNE, Australia -- Sol Trujillo, chief executive of Telstra Corp., said the telecommunications company would consider any takeover options, but it hasn't been approached by another party

Appeals difficult vs. Nacchio judge. Legal scholars weigh Nottingham conviction record By Jeff Smith Rocky Mountain News Tuesday, May 15, 2007 The federal judge in the Joe Nacchio insider trading case has been reversed only 14 times out of 108 appeals during his 17-year career on the bench

That's a lot of clams. It takes the salaries of 131 workers in the state to equal the median pay of the 50 best-paid executives at Colorado's public companies.  The gap has doubled since 2002, when it was 67-to-1 By David Milstead Rocky Mountain News Sunday, May 6, 2006 Colorado incomes are rebounding after the recession.  But Colorado executive pay is skyrocketing

Tyco Paying $3 Billion to Shareholders By THE ASSOCIATED PRESS New York Times Tuesday, May 15, 2007 Filed at 10:03 a.m. ET CONCORD, N.H. (AP) --  Tyco International Ltd. said Tuesday it has agreed to pay about $3 billion to settle shareholder claims that arose after former Chief Executive Officer Dennis Kozlowski and other top officers were charged with looting the company and inflating its value

Boards Aim to Avoid Conflicts. Safeguards Are Imposed On Same Pay Consultant For Executives, Directors By Joann S. Lublin The Wall Street Journal Monday, May 14, 2007 Some corporate boards are replacing compensation consultancies that also work for the company's managers, heeding complaints that such arrangements can create conflicts of interest

Anschutz forges glittering L.A. empire By Tom McGhee, Staff Writer Denver Post Sunday, May 13, 2007 Denver investor Philip Anschutz's home remains in Denver, and the neon blue sign identifying Qwest, the company he founded, still dominates the skyline.

Support grows for health care coalition Associated Press May 9, 2007 NEW YORK (AP) - Support appears to be growing for a coalition initiated by an unlikely pair -- Wal-Mart Stores Inc. and the Service Employees International Union -- that aims to push affordable, quality health care as a top priority for politicians

Qwest joins call for universal health care The Denver Post May 9, 2007 Denver‑based Qwest and five other companies joined Wal-Mart Stores Inc. and two labor groups in a coalition calling for health coverage for all people in the U.S. by 2012

What the jury heard and saw By Rocky Mountain News Friday, May 11, 2007 Prosecutors on Thursday released hundreds of documents, as well as video and audio clips, from the trial of former Qwest CEO Joe Nacchio, who was convicted last month of 19 counts of insider trading

Spellings Defends Loan-Program Oversight By Anne Marie Chaker and John Hechinger The Wall Street Journal Friday, May 11, 2007 WASHINGTON -- Education Secretary Margaret Spellings defended her oversight of the federal college-loan program, even as a top House Democrat disclosed that the Justice Department has opened an investigation into the Education Department's treatment of a major student-loan company

Nacchio trial evidence made public  By Greg Griffin, Staff Writer Denver Post  Friday, May 11, 2007 Prosecutors released 500 exhibits Thursday used to convict former Qwest chief executive Joe Nacchio of illegal insider trading, including warnings he received in April 2001 that recurring sales were down and the company was relying too heavily on one-time deals

Former Qwest CEO Nacchio to oppose motion to forfeit $52 million By Jeff Smith Rocky Mountain News Wednesday, May 9, 2007 Joe Nacchio will oppose the government's motion for him to forfeit $52 million of proceeds from stock sales, his attorneys wrote in a brief filed in U.S. District Court in Denver on Tuesday

Qwest ranks low for executive pay vs. return. Group: Notebaert overpaid in light of stock performance By Jeff Smith Rocky Mountain News Tuesday, May 8, 2007 Qwest Communications is ranked among the 12 worst U.S. corporations in terms of the huge gap between executive compensation and shareholder performance, according to a respected independent research firm

Qwest fought back to recapture top spot By David Milstead Rocky Mountain News Saturday, May 5, 2007 When Qwest closed the books on 2006, it had a positive number on its bottom line:  $593 million in net income, unadulterated by special gains or other one-time items

Justice Dept. responds to Nacchio's request for jury questionnaires By Andy Vuong, Staff Writer Denver Post Saturday, May 5, 2007 The Justice Department said in a court filing on Fiday that Joe Nacchio doesn't have the "statutory right" to see how prospective jurors responded to a written questionnaire -- a request made last week by attorneys for the former Qwest chief executive

Verizon Shareholders May Get 'Say on Pay' By Kaja Whitehouse and Christopher Hinton The Wall Street Journal Friday, May 4, 2007 Shareholder support for a proposal asking to give Verizon Communications Inc. investors an advisory vote on executive pay was too close to call, raising the prospect that Verizon might be the first company where the say-on-pay effort has been passed

'Free' chat lines cost Qwest. Complaint to FCC alleges Iowa telco engaged in scam By Jeff Smith Rocky Mountain News Friday, May 4, 2007 Some adult chat lines are "free" these days -- but they're costing Qwest Communications a bundle.  The Denver telco has filed a formal complaint with federal regulators against a rural Iowa telco that allegedly engaged in a billing scam in concert with free calling services.

Report sees Qwest as a buyout lure. The once-troubled telecom has had five consecutive quarters of profit but still sits on a mountain of debt. By Andy Vuong, Staff Writer Denver Post Thursday, May 3, 2007 After years of reducing debt and growing cash flow, Qwest has emerged as a possible candidate to be bought out by a private-equity firm, according to a recent report by JP Morgan.

Notebaert not saying much about Nacchio By Jeff Smith Rocky Mountain News Wednesday, May 2, 2007 True to form, Qwest CEO Dick Notebaert didn't have much to say Tuesday about the recent conviction of former Qwest CEO Joe Nacchio on insider trading charges

Qwest's Net Profit Surges On Lower Operating Expenses By Jonathan Vuocolo and Josee Rose The Wall Street Journal Tuesday, May 1, 2007 Qwest Communications International Inc.'s first-quarter net income rose sharply, as lower operating expenses helped offset declining voice revenue

Group seeking telco performance-pay link By Jeff Smith Rocky Mountain News Tuesday, May 1, 2007 The Association of U S West Retirees is urging Qwest shareholders to back three proposals that would tie executive compensation to performance, according to a regulatory filing last week

Qwest wants price controls eased. Competitor says deregulation not freeing up market By Jeff Smith Rocky Mountain News Tuesday, May 1, 2007 Qwest Communications is asking federal regulators to ease wholesale pricing controls in four metropolitan markets -- Denver, Minneapolis, Phoenix and Seattle

Nacchio trial could advance careers of lawyers involved By Andy Vuong, Staff Writer Denver Post Monday, April 30, 2007 Prosecutors and defense attorneys alike stand to benefit from their involvement in the high-profile criminal insider-trading case of former Qwest chief executive Joe Nacchio.

AT&T Taps Stephenson as CEO. Telecom Landscape Offers Intense Global Challenges; A Loyal Whitacre Aide By Dionne Searcey and Jessica E. Vascellaro The Wall Street Journal Saturday, April 28, 2007 AT&T Inc.'s incoming chairman and chief executive, Randall Stephenson, will inherit a vastly bigger company competing in a more intense telecom landscape than ever before when he takes the reins from longtime Chairman and CEO Edward Whitacre in June.

A Pension to Retire For: $158.5 Million Plus. AT&T CEO Whitacre Gets Big Reward for Performance; Well-Earned or 'Egregious'? By Dionne Searcey The Wall Street Journal Friday, April 27, 2007 Edward Whitacre Jr. turned AT&T Inc. into the largest telecommunications company in the world by market capitalization, making acquisition after acquisition

Civil case proceeds vs. Nacchio. In the wake of last week's guilty verdict, a judge rules that the SEC can begin requesting evidence in its fraud case. By Andy Vuong, Staff Writer Denver Post Friday, April 27, 2007 The U.S. Securities and Exchange Commission can begin requesting interviews, documents and other evidence from Joe Nacchio as part of its civil fraud case against the former Qwest chief executive and a handful of his one-time lieutenants, a magistrate judge ruled Thursday

Nacchio's lawyers to seek retrial. Joe Nacchio's lawyers allege an error in jury selection. By Jeff Smith Rocky Mountain News Friday, April 27, 2007 Joe Nacchio's attorneys on Thursday said they intend to seek a new trial based in part on grounds an error "may have been committed" when the court narrowed the prospective juror pool from 1,000 to 78 before the jury selection process

CEO COMPENSATION SCORECARD. All Eyes on Perks, Pay, Deferred Comp By Annelena Lobb and Matt Phillips The Wall Street Journal Friday, April 27, 2007 SHAREHOLDERS ARE RESTLESS about executive compensation, and high pay amid middling performance, have led to CEO ousters and curtailed perks

Nacchio verdict renews focus on ethics By Mike Cote, ColoradoBiz Magazine Denver Post Thursday, April 26, 2007 Joe Nacchio probably wouldn't have been prosecuted by the federal government had he stopped trading shares of Qwest when it became clear to company executives that its 2001 earnings projections were unrealistic.

How Verizon Might Avoid Ruckus Over CEO's Pay By Alan Murray
The Wall Street Journal Wednesday, April 25, 2007
Verizon Chief Executive Ivan Seidenberg has reason to worry

SEC to Mull Letting U.S. Companies Use International Accounting Rules By David Reilly The Wall Street Journal Wednesday, April 25, 2007 The Securities and Exchange Commission said it will consider allowing U.S. public companies to choose which type of accounting standards they use to report financial results, a move some believe could one day spell the end of U.S. generally accepted accounting principles, or GAAP

Shareholders of Times Co. Hold Out 42% of Board Vote Landon Thomas Jr. New York Times Wednesday, April 25, 2007 Shareholders of The New York Times Company gave voice yesterday to their growing displeasure with the company’s management and financial performance by withholding votes representing 42 percent of the Class A shares at the annual meeting

"Goal!  He Spends It on Beckham By Graham Bowley New York Times Sunday, April 22, 2007 (Con't) Leaving no business stone left unturned, Mr. Anschutz has also plunged headlong into filmmaking.

Goal! He Spends It on Beckham By Graham Bowley New York Times Sunday, April 22, 2007 Denver  --  ONE night here in the late 1960s, around the time that Philip F. Anschutz began laying the foundations of a multibillion-dollar fortune, a drilling supervisor at one of his Wyoming oil rigs phoned him with bad news:  The well was on fire.  And if the fire kept burning, it would bankrupt him

Possible Qwest recovery of legal costs By Will Shanley, Staff Writer Denver Post Monday, April 23, 2007 Qwest Communications has firm legal footing to recover at least some of the millions of dollars the company has advanced Joe Nacchio for his legal bills, experts said

Ritter schmoozes with AFL-CIO By Steven K. Paulson, AP Denver Post Monday, April 23, 2007 Denver - Gov. Bill Ritter met today with AFL-CIO President John Sweeney and promised to work with him to resolve problems with organized labor leading up to the Democratic National Convention next year.

Heard on the Street: Behave. EXECS' HANDLING OF TRADES By Greg Griffin, Staff Writer  Denver Post Monday, April 23, 2007 Prosecutors said the insider-trading conviction of former Qwest chief executive Joe Nacchio on Thursday sent a strong message of caution to Wall Street

Prison life could jolt Nacchio.Menial labor, puny wages, wake-up at 6: It's no "Club Fed" By Julie Dunn, Staff Writer Denver Post Monday, April 23, 2007 Joe Nacchio, once accustomed to a seven-figure salary and multimillion-dollar bonuses, could soon be earning 12 to 40 cents an hour doing menial labor as a federal prison inmate

Tom Hall paid for Qwest prosecutors' education By Al Lewis, Staff Columnist Denver Post Monday, April 23, 2007 Friday would have been Ann Hall's 11th wedding anniversary

Joe Nacchio's reversal of fortune. SENTENCING By Andy Vuong, Staff Writer Denver Post Sunday, April 22, 2007 The insider-trading conviction of Joe Nacchio will probably put the former Qwest chief executive behind bars and lead to the depletion of a personal fortune once pegged at more than $500 million, experts say

Nacchio guilty ... of trying to best AT&T By Stephanie Mehta TheBrower.blogs.fortune.com Friday, April 20, 2007 Former Qwest CEO Joe Nacchio was convicted of insider trading yesterday by a U.S. jury in Denver

Qwest's Nacchio Is Found Guilty In Trading Case. Ex-CEO's Conviction On 19 of 42 Counts Adds To Government's Wins By Dionne Searcey, Peter Lattman, Peter Grant and Amol Sharma  The Wall Street Journal Friday, April 20, 2007 DENVER -- A jury found Joseph Nacchio, the former chief executive of Qwest Communications International Inc., guilty of 19 counts of insider trading, marking a victory for the government in the latest of a string of high-profile prosecutions of corporate executives that it began earlier this decade

Conviction could cost Nacchio $71 million By David Milstead Rocky Mountain News Friday, April 21, 2007 Joe Nacchio could be out $71 million as a result of his conviction -- but that's just a slice of the $321 million he made in his time as Qwest CEO

Lessons of past aided in convicting ex-CEO. But experts fear corporate crime cycle repeating By Jeff Smith Rocky Mountain News Saturday, April 21, 2007 Thursday's conviction of former Qwest CEO Joe Nacchio on insider trading charges closes the book on corporate scandals stemming from the overheated technology markets and subsequent stock-market crash of 2001

Primer on basic securities fraud. Qwest debacle underscores failure to take investors' trust seriously By Rob Reuteman Rocky Mountain News Saturday, April 21, 2007 A day after 12 everyday jurors convicted Joe Nacchio on 19 counts of insider trading, I feel the need to circle back to basics.  Call this column Securities Fraud for Dummies

Ex-Qwest CEO convicted on 19 counts of insider trading By Sandy Shore, AP Arizona Republic Friday, April 20, 2007 DENVER Joe Nacchio, a former AT&T executive tapped to transform Qwest Communications into a major telecommunications competitor, was convicted Thursday of 19 of 42 insider trading charges after one-time top executives described his relentless drive to meet revenue projections without revealing financial risks

Jurors find Nacchio guilty in split verdict Written by: Jeffrey Wolf , Web Producer Updated by: Shawn Patrick , Reporter 9news.com Created: 4/19/2007 4:14:01 PM Last updated: 4/19/2007 10:24:08 PM DENVER A jury found former Qwest CEO Joe Nacchio guilty on 19 of the 42 counts against him on Thursday afternoon. 

Nacchio found guilty By Rocky Mountain News Thursday, April 19, 2007 For a few minutes Thursday afternoon, Joe Nacchio dared to smile.  Seated between his attorneys, the former Qwest CEO and one-time titan of the telecom industry looked hopeful as U.S. District Judge Edward Nottingham read verdicts of not guilty to the first 23 counts of insider trading

Late decision: "So traumatic". 21 days of trial.  45 hours of deliberations.  19 guilty counts.  1 life-changing day By Tom McGhee, Christopher Osher and Kieran Nicholson, Staff Writers Denver Post Friday, April 20, 2007 As jurors gathered to deliberate Joe Nacchio's fate Thursday morning, some remained unconvinced of his guilt

Nacchio conviction "a long time coming"  By Will Shanley, Staff Writer Denver Post Friday, April 20, 2007 Some former Qwest shareholders and workers rejoiced Thursday following the guilty verdict in the insider-trading case against Joe Nacchio.

Unbridled ambition got the best of Nacchio By Al Lewis, Staff Columnist Denver Post Friday, April 20, 2007 Joe Nacchio looked prepared for whatever the jury would have to say.

Ex-Qwest CEO guilty of insider trading. Nacchio faces up to 10 years, $1M fine on each of 19 counts; judge sets July 27 sentencing St Paul Pioneer Press Staff and news reports Article Last Updated: 04/20/2007 12:03:33 AM CDT DENVER Joe Nacchio, the former chief executive of Qwest Communications International, was convicted Thursday of insider trading.

Nacchio Found Guilty Of Insider Trading By Dionne Searcey The Wall Street Journal Thursday, April 19, 2007  7:53 PM Former Qwest Communications International Inc. Chief Executive Joseph Nacchio was found guilty of 19 counts of insider trading, marking a victory for the government in the last of a string of high-profile prosecutions of corporate brass it began earlier this decade

Nacchio guilty on 19 counts By The Denver Post Article Last Updated:  4-19-07  6:06:48 PM A jury has found former Qwest chief executive Joe Nacchio guilty of 19 counts of illegal insider trading.

Nacchio found guilty By Rocky Mountain News Thursday, April 19, 2007 Former Qwest CEO Joe Nacchio was found guilty today of 19 counts of insider trading in connection with stock sales he made from January to May 2001

Nacchio jury wraps 4th day  By Andy Vuong, Staff Writer Denver Post Tuesday, April 17, 2007 Article Last Updated: 04/17/2007 05:06:02 PM MDT Jurors in former Qwest CEO Joe Nacchio's criminal insider trading case were dismissed this afternoon after completing their fourth day of deliberations without reaching a verdict.

Nacchio jury dismissed for day By Andy Vuong, Staff Writer  Denver Post Monday, April 16, 2007 Article Last Updated: 04/16/2007 05:12:49 PM MDT Jurors in the criminal insider trading case of former Qwest chief executive Joe Nacchio completed their third day of deliberations without reaching a verdict

DU students, profs weigh in on ex-CEO's trial By Rocky Mountain News Monday, April 16, 2007 Professors and students from the University of Denver Sturm College of Law have been attending the trial of Joe Nacchio and blogging about it on their Web site, theracetothebottom.org.  We asked four of the contributors what they've thought of the trial so far

Advice to the Boss --  On Boards. A corporate-governance expert discusses how far directors have come -- and how far they still have to go By Phred Dvorak Monday, April 16, 2007 When it comes to corporate governance, Richard Koppes has seen the issue from all sides

Stern's tales help Nacchios fill time. Ex-Qwest exec seems relaxed as he awaits verdict By Jeff Smith Rocky Mountain News Tuesday, April 17, 2007 Former Qwest CEO Joe Nacchio and his family have filled time in part by listening to stories from one of the defense attorneys as they await the verdict in his insider-trading case

4th day of Nacchio deliberations By Andy Vuong, Staff Writer Denver Post Tuesday, April 17, 2007 Article Last Updated: 04/17/2007 11:04:02 AM MDT Jurors in former Qwest CEO Joe Nacchio's insider trading case trickled in to their 10th-floor jury room this morning, some in pairs and others by themselves

The COE's being judged on more than just their performance. BY ANDREW LECKEY, a Tribune Media Services columnist Chicago Tribune Monday, April 16, 2007 When in doubt, fire the boss. That is increasingly the mindset in corporate America. The imperial executive has become the on-the-bubble executive

Ex-Qwest Lawyer never called to stand By Tom McGhee, Staff Writer Denver Post  Monday, April 16, 2007 Yash Rana, a one-time lawyer for Qwest who helped Joe Nacchio sell stock, is a background figure in Nacchio's trial on charges of insider trading

SEC Explores Opening Door To Arbitration. Agency to Study Option That Could Let Firms Limit Holder Lawsuits By Kara Scannell  The Wall Street Journal Monday, April 16, 2007 WASHINGTON -- The Securities and Exchange Commission is exploring a new policy that could permit companies to resolve complaints by aggrieved shareholders through arbitration, limiting shareholders' ability to sue in court

Testimony left jurors no picnic By Al Lewis, Staff Columnist Denver Post Sunday, April 15, 2007 Judge Edward Nottingham told jurors deciding the fate of former Qwest CEO Joe Nacchio that they must gauge the credibility of each witness.
 

Nacchio verdict may affect civil suits. The jury's decision is likely to affect the course of civil actions, in which monetary stakes are high and the burden of proof lower.  By Greg Griffin, Staff Writer Denver Post Sunday, April 15, 2007 Joe Nacchio's legal problems with the government began with civil charges that he orchestrated a $3 billion accounting fraud at Qwest from 1999 to 2002

Jurors to Resume Deliberations In Nacchio Trial on Monday Associated Press The Wall Street Journal Saturday, April 14, 2007 DENVER -- Jurors deliberated a second day in the $101 million insider-trading trial of former Qwest Communications International Inc. chief executive Joe Nacchio before being dismissed for the weekend

Nacchio jury released for weekend  By Andy Vuong, Staff Writer Denver Post Friday, April 13, 2007 Jurors in Joe Nacchio's insider trading case were sent home for the weekend after they completed their second day of deliberations without reaching a verdict

42 counts + 12 jurors = 1 mystery By Al Lewis, Staff Columnist  Denver Post Friday, April 13, 2007 Joe Nacchio walked out of the courtroom Thursday with only one remark for the media.

Jury gets started with questions. Deliberations' Day 1 includes call for prosecution exhibit By Andy Vuong, Staff Writer Denver Post Friday, April 13, 2007 A jury of eight men and four women completed the first day of deliberations in the criminal insider-trading case of former Qwest chief executive Joe Nacchio without reaching a verdict.

Day ends without verdict  By Tom McGhee & Andy Vuong, Staff Writers  Denver Post  Friday, April 13, 2007 A jury of eight men and four women deliberated for several hours today without reaching a verdict in the insider trading case of former Qwest chief executive Joe Nacchio.

Jury begins deliberations By Tom McGhee & Andy Vuong, Staff Writers Denver Post Thursday, April 12, 2007 After the judge in the Joe Nacchio insider-trading trial in federal court took an hour this morning to read them their deliberation instructions

Both sides skirted issue of reasonable doubt By Anthony Accetta
Denver Post Thursday, April 12, 2007 Closing arguments in the Joe Nacchio trial were a dizzying ride on crosscurrents

Stricklin begins rebuttal  By Tom McGhee, Staff Writer Denver Post Wednesday, April 11, 2007 Article Last Updated: 04/11/2007 02:58:28 PM MDT Former chief executive of Qwest Communications, Joe Nacchio, center, his wife Anne, left, and son Michael, right, arrive at the federal courthouse in Denver Wednesday, April 11, 2007

Former Qwest CEO's trial resumes; unknown if he'll testify By SANDY SHORE, AP money.aol.com Monday, April 9, 2007 DENVER (AP) - Defense attorneys resumed their case in Joe Nacchio's $101 million insider trading trial Monday without revealing publicly whether the former chief executive of Qwest Communications International Inc. will testify

New player expected in arena wars. A deal is in the works for a new manager for the financially troubled Target Center.  The firm, AEG, runs other such venues. By Jay Weiner Mpls Star Tribune Monday, April 9, 2007 What:  Target Center is expected to get a new manager

Busy weekend for Nacchio's team. Defense seeks to strike investment analysts' testimony By Jeff Smith Rocky Mountain News Monday, April 9, 2007 Motions from Joe Nacchio's attorneys are still coming in a flurry, even as the criminal case nears completion

Nottingham getting stern with Stern By Tom McGhee, Staff Writer Denver Post  Monday, March 9, 2007 If attorney Herbert Stern has proven anything in his defense of former Qwest chief executive Joe Nacchio, it is that he can take a tongue-lashing

Stiffed Board. Shareholders angry about executive pay are targeting the people responsible: directors By Kaja Whitehouse The Wall Street Journal Monday, April 9, 2007 Shareholders irked with executive pay are increasingly taking it out on directors.

Reducing Rewards. Facing greater disclosure, boards are cutting back on CEO extras from chauffeur service to deferred compensation By Joann S. Lublin The Wall Street Journal Monday, April 9, 2007 Golden goodies for America's highest bosses are starting to lose their luster

Ten Ways to Restore Investor Confidence In Compensation. What boards can do to ease shareholder anger over pay packages By Joann S. Lublin The Wall Street Journal Monday, April 9, 2007 Outrage over executive compensation has hit a boiling point.  And it may get worse before it gets better

CEO trial edges to a close By Sara Burnett and Jeff Smith Rocky Mountain News Saturday, April 7, 2007 Prosecutors this week rested their insider trading case against former Qwest CEO Joe Nacchio, after testimony by a parade of former executives and analysts

Anschutz testimony leaves questions By David Milstead Rocky Mountain News Friday, April 6, 2007 Phil Anschutz testified publicly, under oath, for the first time Thursday about what happened at Qwest.  And many of your questions, and mine, went unanswered

Dark shades, light detail  By Al Lewis, Staff Columnist  Denver Post Friday, April 6, 2007 Famously reclusive billionaire Phil Anschutz remained famously reclusive in federal court Thursday

Judge lifts restrictions, sets deadlines in Nacchio civil case By Sandy Shore, The Associated Press Denver Post Saturday, April 7, 2007 Denver  -  A magistrate today lifted most of the interview and evidence restrictions in a civil fraud case against former Qwest chief executive Joe Nacchio and others now that Nacchio's criminal trial on insider trading charges is winding down

Nacchio jury goes home  By Andy Vuong and Tom McGhee, Staff Writers  Denver Post  Thursday, April 5, 2007 The insider-trading trial in federal court of former Qwest CEO Joe Nacchio concluded its third week of testimony around noon today, with only one more witness scheduled to testify for the defense

Defense did well in cross-examination By Scott Robinson Rocky Mluntain News Friday, April 6, 2007 The billionaire and the abbot. The title of a new TV sitcom?

Experts agree it's risky business to allow defendant to take stand By Jeff Smith Rocky Mountain News April 5, 2007 Does Joe Nacchio need to testify?

Defense on stage today as feds rest. ANSCHUTZ WILL TAKE STAND By Andy Vuong Denver Post Staff Writer April 5, 2007 The Justice Department rested its insider-trading case against former Qwest chief executive Joe Nacchio on Wednesday after calling 20 witnesses to build a case that he sold $100.8 million worth of stock while he knew his company was crumbling

Anschutz to testify today By Greg Griffin Denver Post Staff Writer April 5, 2007 Prosecutors made a strong case during 10 days of testimony that former Qwest CEO Joe Nacchio knew Qwest was in financial trouble when he sold $100.8 million in company shares from January to May 2001, according to legal experts

"Anxious" Nacchio should be resting easy By Al Lewis, Staff Columnist Denver Post Thursday, April 5, 2007 Good thing I'm not on the jury in the trial of former Qwest chief executive Joe Nacchio, because right now I'd be thinking about letting him go

Feds score, but no home run By Greg Griffin, Staff Writer Denver Post Thursday, April 5, 2007 Prosecutors made a strong case during 10 days of testimony that former Qwest CEO Joe Nacchio knew Qwest was in financial trouble when he sold $100.8 million in company shares from January to May 2001, according to legal experts

Anschutz to testify Thursday By Tom McGhee, Staff Writer Denver Post Thursday, April 5, 2007 Qwest founder Philip Anschutz will be the first witness Thursday morning as the defense begins presenting its case in the insider trading trial of former Qwest CEO Joe Nacchio

Softening a Sarbanes-Oxley Thorn. SEC Makes Progress On Tweaking the Rules For Unpopular Provision By Kara Scannell The Wall Street Journal Thursday, April 5, 2007 WASHINGTON -- Federal securities regulators approved guidance staff should follow when paring back a provision of the Sarbanes-Oxley law to change how companies and auditors comply with accounting provisions unpopular with many businesses

What Mohebbi didn't say Posted by Al Lewis @ 2:20 pm Denver Post Tuesday, April 3, 2007 Afshin Mohebbi had about $8 million work of vested stock options in January 2001.  He never sold a single share.

Mohebbi recalls warning Nacchio. REVENUE GOALS TOO HIGH By Andy Vuong, Staff Writer Denver Post Tuesday, April 3, 2007 Former Qwest president Afshin Mohebbi provided the government on Monday with perhaps its strongest testimony yet in its criminal insider-trading case against former Qwest chief executive Joe Nacchio

Judge wrong to usurp jury's role By Anthony Accetta Denver Post Sunday, April 1, 2007 Hamstrung.  That's the only word for it. Apparently Judge Edward Nottingham wanted former Qwest chief executive Joe Nacchio to transfer $90 million to his wife a little faster

Government struggles to make case. WHERE IS THE EVIDENCE? By Greg Griffin, Staff Writer  Denver Post  Sunday, April 1, 2007 Two weeks into the insider-trading case against Joe Nacchio, the government has not introduced strong evidence that the former Qwest chief executive willfully broke the law, experts say

Nacchio 'constantly' upbeat. Adviser testifies ex-CEO believed stock would rise By Sara Burnett Rocky Mountain News Friday, March 30, 2007 Former Qwest CEO Joe Nacchio told his financial adviser "constantly" in 2000 and 2001 that he believed in the future of the company and expected Qwest's stock price to rise, the adviser testified at Nacchio's insider trading trial Thursday

Nacchio right-hand man on stand. Case may hinge upon Mohebbi  By Andy Vuong and Will Shanley  Denver Post Staff Writers  Friday, March 30, 2007 Former Qwest president Afshin Mohebbi began testifying Thursday against his former boss, Joe Nacchio, in what legal experts say could be make-or- break testimony for the prosecution in the criminal insider-trading case against Nacchio

Qwest pays Notebaert $25 million. Stock awards form bulk of '06 package By James Paton Rocky Mountain News Friday, March 30, 2007 Qwest Chief Executive Dick Notebaert received nearly $25 million in compensation last year, the company said Thursday

Justices question Tellabs lawsuit. May tighten rules on stockholder actions Bloomberg News Chicago Tribune Thursday, March 29, 2007 WASHINGTON -- U.S. Supreme Court justices signaled Wednesday that they might tighten the standards for securities lawsuits, questioning shareholder accusations that Naperville-based Tellabs Inc. fraudulently inflated revenue

Transfer of assets alleged. Prosecutors claim in court filing ex-CEO tried to hide $90 million By Andy Vuong  Denver Post Staff Writer March 29, 2007 Former Qwest chief executive Joe Nacchio tried to hide more than $90 million in assets in February 2002 by transferring them to accounts held solely in his wife's name, the Justice Department alleges in a court filing

United workers join for fight. Once at odds, unions riled by $38 million stock awards to CEO By Julie Johnsson, Staff Reporter Chicago Tribune Thursday, March 29, 2007 Tension over pay issues is building at United Airlines, where five unions representing 30,000 employees on Tuesday called for the carrier to let rank-and-file workers share in the largesse enjoyed by senior executives

Ex-controller wanted to reveal Qwest 1-time deals. Mark Schumacher, testifying in Joe Nacchio's trial, said he was told it wasn't necessary, but the info was released later. By Andy Vuong and Tom McGhee, Staff Writers Denver Post Thursday, March 29, 2007 By early 2001, one-time deals for capacity on Qwest's fiber-optic network made up such a large portion of the company's revenues that then-controller Mark Schumacher wanted to disclose them in the first-quarter earnings report, Schumacher testified Wednesday in the insider trading trial of former chief executive Joe Nacchio

Nacchio 'hid' assets, adviser may testify. Defense moves to forbid evidence of transfer to wife By Sara Burnett Rocky Mountain News Thursday, March 29, 2007 Prosecutors plan to call Joe Nacchio's financial adviser to testify today that the former Qwest CEO tried to "hide" $90 million in assets by moving them into his wife's name in 2005

Tellabs Warns By Mike Trigg The Motley Fool June 20, 2001 Tellabs (Nasdaq: TLAB) lowered its second-quarter financial guidance yesterday as difficult economic conditions force customers to cut back spending on telecommunications equipment

Tellabs appeal could hinder investor suits By James P. Miller, Staff Reporter Chicago Tribune Wednesday, March 28, 2007 When the U.S. Supreme Court hears oral arguments Wednesday in a case involving Naperville-based Tellabs Inc. securities regulators and the investing community will be paying close attention.

Ex-Qwest limo driver says Nacchio abrupt on phone By Jeff Smith Rocky Mountain News Wednesday, March 28, 2007 A former limousine driver for Qwest executives was among those in the courtroom gallery Tuesday

Exec objected to higher targets. DISSENSION AMONG THE RANKS By Andy Vuong, Staff Writer Denver Post Wednesday, March 28, 2007 In the fall of 2000, the heads of Qwest's various business units met with then-chief executive Joe Nacchio on the 52nd floor of the company's Denver headquarters

Nosh? Nack? Notch? Nock? Posted by Al Lewis @ 6:06 pm Denver Post Tuesday, March 27, 2007 I thought I knew Joe Nacchio.  Truth is, I don't even know how to pronounce his name

Paying piper for public pillaging By Al Lewis, Columnist Denver Post Tuesday, March 27, 2007 Dennis Kozlowski, former CEO of Tyco International, says a fury sent him to prison for being rich

She raised red flag often, ex-CFO Szeliga testifies. Year passed before Nacchio lowered revenue outlook By Sara Burnett Rocky Mountain News Tuesday, March 27, 2007 Former Qwest Chief Financial Officer Robin Szeliga warned Joe Nacchio repeatedly in late 2000 and early 2001 that the company would have trouble meeting its 2001 revenue projections, Szeliga testified at the CEO's insider-trading trial Monday

Nacchio's Sales Goals Scrutinized in Trial. Ex-Finance Chief Testifies as Defense Asks for a Mistrial Associated Press The Wall Street Journal Tuesday, March 27, 2007 DENVER --  Joseph Nacchio, the former chief executive of Qwest Communications, International Inc., told managers of the telephone company's key business units to focus on meeting internal business targets despite their concerns they would be unable to achieve the goals he set for them, a former chief financial officer of the company testified yesterday

High court case to decide fate of shareholder suits Chicago Tribune Friday, March 23, 2007 Next week, the Supreme Court will consider the truthfulness of Richard Notebaert, one of Chicago's best-known corporate chief executives

Colombo-like defense drops ticking time bomb By Anthony Accetta Denver post Monday, March 26, 2007 Now the promises of lawyers move from talk to action

Nacchio just missed great excuse  By Al Lewis, Staff Columnist  Denver Post Sunday, March 25, 2007 Joe Nacchio missed the excuse jackpot by one day

Joe Nacchio Is Guilty ... of Being a Moron By Tim Beyers The Motley Fool Friday, March 23, 2007 Let's say you know a CEO.  He seems like a smart guy.  He's good with the press.  He's also quotable and brash

Conscience had Qwest exec in a lock By Al Lewis, Staff Columnist Denver Post Friday, March 23, 2007 What kind of company was Qwest under Joe Nacchio?

Ex-workers are among spectators By Will Shanley, Staff Writer Denver Post Friday, March 23, 2007 Rich Mahan retired from Qwest in 2001 as a manager of field technicians

Tough day at the defense table By Jeff Smith Rocky Mountain News Friday, March 23, 2007 The blowup comes soon after Nottingham has rebuked Stern for summarizing witness testimony, saying, "If you've established something, move on;  you can do that in your closing argument."

Buying on Nacchio's say-so. Ex-Qwest employee Anderson testifies she purchased shares based on CEO's e-mail By Sara Burnett Rocky Mountain News Friday, March 23, 2007 Sally Anderson was excited about the e-mail she received from Qwest CEO Joe Nacchio on Sept. 7, 2000

Nacchio retains his firm grip on charm By Al Lewis, Columnist Denver Post Thursday, March 22, 2007 Joe Nacchio took my hand in one of those long, friendly grips during a court recess on Tuesday.

Qwest Ex-Official Sold Shares. At Nacchio's Trial, Witness Testifies Outlook Was Shaky By Dionne Searcey The Wall Street Journal Thursday, March 22, 2007 DENVER - A former investor-relations manager at Qwest Communications International Inc. testified yesterday during former chief Joseph Nacchio's insider-trading trial that a "crisis of conscience" stopped him from selling stock during the same period as Mr. Nacchio because he knew what investors didn't know -- that the company's finances were in trouble

Nacchio foes start swinging. Lawyers lay out contrasting cases; testimony begins The ex-CEO's attorney says the Qwest board forced the sale of millions in stock; the government says Nacchio misled investors.  By Andy Vuong and Greg Griffin Denver Post Staff Writers Denver Post March 21, 2007 Joe Nacchio's attorneys plan to show that he didn't want to sell his Qwest stock in late 2000 and early 2001 but that the board of directors insisted the then-chief executive sell the shares.

Nacchio retains his firm grip on charm By Al Lewis Denver Post Columnist Denver Post March 21, 2007 Joe Nacchio took my hand in one of those long, friendly grips during a court recess on Tuesday

Obituaries in the News Washington Post Tuesday, March 20, 2007 Denver (AP) Thomas W. Hall, a former Qwest Communications executive and the first person sentenced in the telecommunications company's accounting scandal, died Monday of brain cancer, his family and attorney said.  He was 55

Prosecutors:  Former Qwest CEO a Cheater By Jon Sarche, The Associated Press Washington Post Wednesday, March 21, 2007 DENVER Former Qwest Communications CEO Joe Nacchio, a firm believer in the telephone company's future, was reluctant to sell shares in early 2001 and asked the board for an extension but was turned down, his attorney says

Lawyers leave nothing uncontested By Anthony Accetta Denver Post March 21, 2007 Lawyers for Joe Nacchio suggested Tuesday that this case is just one horrible misunderstanding

Verdict hangs on jury picks. Selecting the right panel is key for both sides By Sara Burnett Rocky Mountain News Monday, March 19, 2007 Joe Nacchio is used to being the most important guy in a room

Winnowing of jurors begins By Greg Griffin, Staff Writer  Denver Post  Monday, March 19, 2007 A blue-collar, predominantly male jury could be most likely to convict former Qwest chief executive Joe Nacchio of insider trading

A continental divide on views of ex-CEO. By Andy Vuong and Greg Griffin, Staff Writers Denver Post  Monday, March 19, 2007 Former Qwest chief executive Joe Nacchio evokes the kind of gut-level reactions that few Colorado business leaders, if any, have ever elicited

Qwest ex-CEO's trial means a lot to many. Joe Nacchio's federal trial will be watched closely by many who were affected by the company's roller-coaster fortunes when he was at the helm. The Denver Post - Editorial Monday, March 19, 2007 Today begins the insider trading trial of Joe Nacchio, a man once at the top of the Denver business world but now accused of unloading $100.8 million of company stock because he knew Qwest was heading for financial disaster

Stern's approach in front of a jury: "Don't be brilliant. Just be right" By Al Lewis, Staff Columnist  Denver Post Sunday, March 18, 2007 Twelve will be selected this week to decide the fate of former Qwest CEO Joe Nacchio

Nacchio trial: The defense. STRATEGIES HONED, READY By Andy Vuong Denver Post Staff Writer Article Last Updated: 03/19/2007 09:34:47 AM MDT The stock trades were part of a sales program typical for many company executives.

Nacchio defense dumps media liaison By Andy Vuong, Staff Writer Denver Post Saturday, March 17, 2007 Veteran public relations representative Charlie Russell has been let go from his duties as the media liaison for former Qwest chief executive Joe Nacchio and his attorneys -- just three weeks after he was hired

A tumultuous tenure By Rocky Mountain News Saturday, March 17, 2007 Joe Nacchio took Denver and the telecom industry by storm

Picking up the tab. Defending Nacchio, other execs already has cost Qwest $1 billion By Jeff Smith Rocky Mountain News Friday, March 16, 2007 Qwest Communications has blown through more than $1 billion since 2002 defending itself and its former officers and directors from civil and criminal fraud allegations

Ex-Telecom CEO Fields 'Black Box' Trial Defense. Qwest's Nacchio, to Fight Insider Trading Charge, Cites Classified Dealings By Dionne Searcey and Peter Lattman The Wall Street Journal Friday, March 16, 2007 Nearly five years after he left the former telecom highflier Qwest Communications International Inc., Joseph Nacchio is set to go on trial for insider trading

Accounting details would just baffle jury By David Milstead, Business Columnist Rocky Mountain News Wednesday, March 14, 2007 I spent a great deal of time in 2001 and 2002 trying to understand Qwest's accounting theory for network capacity sales

Richardson getting ready to take over as Qwest CFO
By Bob Mook The Denver Business Journal Friday, March 9, 2007 John Richardson, who will officially succeed Oren Shaffer as the chief financial officer of Qwest Communications International Inc. on April 1, realizes he's got some big shoes to fill

On-Demand May Be Path For Qwest By Roger Cheng The Wall Street Journal Wednesday, March 14, 2007 As Qwest Communications International Inc. Chief Executive Dick Notebaert weighs the company's future direction, he may be betting that the TiVo Inc. generation of on-demand viewers will come to dominate television consumers

Telecoms Wait Nervously On $20 Billion Contract By Kim Hart, Staff Writer Washington Post Wednesday, March 14, 2007 Over the past 3 1/2 years, AT&T has spent several million dollars putting together two 5,000-page proposals detailing how it can upgrade phone lines, wireless networks and fire walls for the federal government

How Five New Players Aid Movement to Limit CEO Pay
Mainstream Figures Mix With Activists; A Fix 'From Within'
By Joann S. Lublin and Phred Dvorak The Wall Street Journal Tuesday, March 13, 2007 Meredith Miller, a low-key state official with a lot of clout, is helping rev up the movement to limit executive pay

Stern seen as a star performer By Andy Vuong, Staff Writer Denver Post Sunday, March 11, 2007 Award-winning actor Martin Sheen fondly remembers a real-life federal judge he portrayed two decades ago -- even though the film, "Judgment in Berlin," generated meager box-office results

Stricklin's work reflects his faith By Greg Griffin, Staff Writer Denver Post Sunday, March 11, 2007 A judge's decision to reduce bail for a wealthy murder defendant prompted federal prosecutor Cliff Stricklin to quit his job and seek election to the Texas state bench in 2000

Dreams of trips to Alaska disappear By Sara Burnett Rocky Mountain News Saturday, March 10, 2007 For the 25 years he worked for U S West, then Qwest, Donald Keller contributed the maximum allowable amount -- 16 percent of each paycheck -- to his 401(k), all of it in company stock

Still comfortable -- but out $1.5 million By Jeff Smith Rocky Mountain News Saturday, March 10, 2007 Alan Henry said he lost $1.5 million because of the alleged misdeeds of Nacchio

U S West retirees still angry. Former workers look forward to day Nacchio's trial begins By Rocky Mountain News Saturday, March 10, 2007 Dublin, Ohio, June 4, 2002 Qwest moves its annual meeting from Denver, but angry shareholders follow from across the country

Closed hearing held in insider trading case By Sandy Shore, Associated Press Rocky Mountain News Friday, March 9, 2007 Prosecutors and Joe Nacchio's attorneys briefly criticized one another Friday before they huddled privately with a judge to discuss the former Qwest chief's upcoming insider trading trial

No secret exit for Nacchio By Andy Vuong Denver Post Friday, March 9, 2007 The staff at the federal courthouse in Denver said today that Nacchio will be required to enter and leave the courthouse through the front door during his trial, which could last up to eight weeks

Anschutz billions dwindle; Ergen remains ahead The Denver Business Journal Friday, March 9, 2007 Denver financier Phil Anschutz has lost more than half of his wealth since 1999, according to the annual ranking of the world's richest people released by Forbes magazine Thursday

Labor pulls an ace from sleeve. Convention Threat By Tom McGhee, Staff Writer Denver Post Friday, March 9, 2007 The national AFL-CIO threatened Thursday to recommend that the Democratic Party move its 2008 national convention from Denver unless Gov. Bill Ritter makes good on campaign commitments to labor

IBM to Provide Financial Advice for Workers By Jilian Mincer The Wall Street Journal Friday, March 9, 2007 International Business Machines said it will provide free, comprehensive financial advice to its 127,000 U.S. employees as the company prepares to replace its pension with an enhanced 401(k) plan

Making 'Great Deal of Progress' On Proxy Access, SEC's Cox Says By Judith Burns The Wall Street Journal Friday, March 9, 2007 WASHINGTON Securities and Exchange Commission Chairman Christopher Cox said Thursday that regulators have made good progress in addressing a thorny question concerning shareholder democracy and will propose a final rule this year that will favor investors

Accounting for the Future. Down to four big firms and fearing the effects of even one major suit, the audit industry presses for legal relief. By Carrie Johnson, Staff Writer Washington Post Friday, March 9, 2007 The future of the accounting industry may depend on the answer to a single question: With only four major firms left in the business, are there too few to let any fail?

NWA pilots blast executive pay By Liz Fedor Mpls Star Tribune  Thursday, March 8, 2007 The head of the Northwest Airlines pilots union said Wednesday that the company's executives are poised to award themselves excessive compensation, even though the airline's projected profitability was achieved largely because employees took deep pay cuts.

Qwest filing shows new CFO's pay, bonus Denver Post Thursday, March 8, 2007 Denver  John Richardson, who will replace Oren Shaffer as Qwest's chief financial officer April 1

Nacchio defense may not have revealed full hand By Jeff Smith Rocky Mountain News Thursday, March 8, 2007 Joe Nacchio's attorneys and prosecutors have huddled in closed hearings recently, jostling over classified material that may be admitted at trial.  But is that just a diversion?

Qwest CFO Shaffer nets $4.8 million By Jeff Smith Rocky Mountain News Tuesday, March 6, 2007 Qwest Chief Financial Officer Oren Shaffer, who is retiring April 1, netted $4.8 million pretax from the sales of options last week

Case could shift Nacchio appellate strategy By Jeff Smith Rocky Mountain News Tuesday, March 6, 2007 Former WorldCom Chairman Bernie Ebbers' unsuccessful appeal gives a glimpse into what may or may not work as an appellate strategy should former Qwest CEO Joe Nacchio be convicted of insider-trading charges

Feds may be compelled to lift blinds By Andy Vuong, Staff Writer Denver Post Wedneday, March 7, 2007 National-security issues could become a land mine for the government and turn into a central focus of the criminal insider-trading case against former Qwest chief executive Joe Nacchio, experts say

Ex-Qwest CEO accused of insider trading. Judge reveals rules for long-anticipated trial By Andy Vuong, Staff Writer Denver Post Wednesday, March 7, 2007 U.S. District Judge Edward Nottingham on Tuesday laid out the ground rules for the upcoming criminal insider trading trial of former Qwest chief executive Joe Nacchio

Qwest still hiring India staff.Even as layoffs keep mounting at U.S. locations By Kimberly S. Johnson, Staff Writer Denver Post Tuesday, March 5, 2007 Qwest Communications is expanding and hiring employees in the high-tech hub of India, as its U.S. workforce declines

HOUSE OF 'CARDS' - Fling With Tax Shelters Haunts Silicon Valley Funded by Tech Barons, MyCFO Inc. Sold Deal The IRS Later Nullified By Peter Waldman The Wall Street Journal Tuesday, March 6, 2007 John Doerr is the dean of Silicon Valley venture capitalists, one who helped launch tech icons like Google and Sun Microsystems

Qwest resumes giving, donates more than $6M last year By Beth Potter The Denver Business Journal Friday, March 2, 2007 Charitable giving is "in the company's DNA," as the right thing to do, Qwest Communications International CEO Richard Notebaert is fond of saying

Key decision: Will Nacchio testify? Lawyers say there's a big risk in putting the former Qwest CEO on the stand.  Would his hot-tempered, arrogant side come out?  By Greg Griffin, Staff Writer Denver Post Sunday, March 4, 2007 Will Joe Nacchio testify?

You had us at 'hello.' Alexander Graham Bell's breakthrough forever changed communications -- and society By Barbara Yost The Arizona Republic Saturday, March 3, 2007 Like a tin can-and-string telephone, there is a connection between Alexander Graham Bell and Jim Wicks

No-nonsense judge expected to keep Nacchio trial on track By Sara Burnett Rocky Mountain News Saturday, March 3, 2007 It was the King of Pop vs. the King of Courtroom C203.  On the witness stand sat Michael Jackson, the Grammy-winning pop singer who inspired fans around the world to moonwalk and sport a single, sequined glove

Nacchio witnesses present problems. Testimony of those who received immunity or deals may come back to bite prosecutors, experts say By Jeff Smith Rocky Mountain News Friday, March 2, 2007 Prosecutors in the insider-trading trial of former Qwest CEO Joe Nacchio face risks in putting certain witnesses on the stand who received immunity or especially lenient deals, legal experts said

Judge rejects proposal by Nacchio's defense team. Written questionnaire for potential jurors viewed as 'overkill' By Jeff Smith Rocky Mountain News Friday, March 2, 2007 Joe Nacchio's attorneys were rebuffed Thursday in their request to submit their own written questionnaire to potential jurors

Nacchio witness, evidence lists shared By Andy Vuong, Staff Writer Denver Post Friday, March 2, 2007 Documents detailing the witnesses and evidence that prosecutors may use during the criminal insider-trading trial of former Qwest chief executive officer Joe Nacchio will be kept from public view until the trial begins March 19

Anschutz unloads Qwest. Financier will trim holdings in company to almost nothing by 2010 By Andy Vuong, Staff Writer Denver Post Friday, March 2, 2007 Qwest founder Philip Anschutz has unloaded the rest of his stock in the company, a little more than two weeks before the start of former chief executive Joe Nacchio's criminal insider-trading trialQwest CFO slates exit in April

Retirement won't shake telecom's recovery, analyst says By Andy Vuong, Staff Writer Denver Post Thursday, March 1, 2007 Qwest chief financial officer and vice chairman Oren Shaffer will retire April 1, nearly five years after embarking on the unenviable task of repairing the financials of a deeply troubled phone company

Goodyear to Change Retiree Benefits Plan By Terry Kosdrosky The Wall Street Journal Thursday, March 1, 2007 DETROIT Goodyear Tire & Rubber Co. said Wednesday it will freeze its current pension plan for salaried workers, replacing it with a 401(k) program, as the tire maker continues to cut costs in the face of stiff foreign competition

Qwest CFO Shaffer to leave By The Associated Press Denver Post Wednesday, February 28, 2007 Denver-based phone company Qwest Communications International Inc. announced today that vice chairman and Chief Financial Officer Oren G. Shaffer would step down from his posts effective April 1

Feds to list witnesses in Nacchio trial By Andy Vuong, Staff Writer Denver Post Wednesday, February 28, 2007 Federal prosecutors will produce for the first time Thursday a list of witnesses they plan to call during the criminal insider-trading trial of former Qwest chief executive Joe Nacchio

Nacchio's defense team hires spin doctor. Damage control expert had role in HealthSouth case By Jeff Smith Rocky Mountain News  Tuesday, February 27, 2007 Veteran Denver public relations consultant and sometimes controversial damage control expert Charlie Russell has been hired by Joe Nacchio's defense team

Qwest teams with USA Hockey By Tripp Mickle The Denver Business Journal Monday, Monday, February 26, 2007 Funding usually peaks for national governing bodies during Olympic years and dips during the years in between, but USA Hockey has found a way to beat that trend

Shareholders Push For Vote on Executive Pay By Erin White and Aaron O. Patrick The Wall Street Journal Monday, February 26, 2007 Some shareholders are angry about soaring executive pay.  Soon, they may get a voice

Raising the Curtain on the Nacchio Trial Posted by Peter Lattman The Wall Street Journal Monday, February 26, 2007 Saturday’s Rocky Mountain News gave us a good old fashioned curtain raiser on the upcoming criminal trial of former Qwest CEO Joseph Nacchio, scheduled to begin on March 19.

Eight volumes speak strategy.Herbert Stern, author and lead attorney for the ex-Qwest CEO, will stress key points and try to get jurors to argue his case too. By Andy Vuong and Greg Griffin, Staff Writers Denver Post Sunday, February 25, 2007 Herbert Stern, Joe Nacchio's lead attorney, will come out firing in the criminal insider-trading trial of the former Qwest chief executive.

Trial may show whether Stern is man of his words By Al Lewis Denver Post Sunday, February 25, 2007 When former Qwest chief executive Joe Nacchio is tried on criminal insider-trading charges next month, his attorney, Herbert Stern, just might arrive at the courthouse in a Chevy

Judge, attorneys close hearing in Nacchio case By Sandy Shore, Associated Press Rocky Mountain News Saturday, February 24, 2007 DENVER Prosecutors, defense attorneys and a federal judge met for more a little more than an hour behind closed doors Friday to discuss secret government documents that Qwest chief Joe Nacchio wants to use in his insider trading trial.

Nacchio case mantra: Keep it simple. Prosecutors want to make sure jury understands story By Jeff Smith Rocky Mountain News Saturday, February 24, 2007 Prosecutors for the insider trading case against former Qwest Chief Executive Joe Nacchio know firsthand the pitfalls of a corporate fraud case:  jury-numbing complicated accounting issues, ambiguous evidence and disharmony among prosecutors

Phone scheme cost it millions, Qwest alleges. Calls were routed illegally, it says in Iowa lawsuit By Jeff Smith Rocky Mountain News Friday, February 23, 2007 Qwest Communications claims it has lost millions of dollars due to an illegal phone call routing scheme created by rural Iowa telcos and companies that advertise free adult chat and international calling services

Qwest housecleaning leads to improved ratings By David Milstead Rocky Mountain News Saturday, February 17, 2007 Qwest has completely turned around its corporate-governance rating from a leading shareholder advisory firm

Telstra Net Drops on Restructuring Costs. Telecom Firm Boosts Outlook Citing Strides In Turnaround Effort By Lyndal McFarland The Wall Street Journal Friday, February 16, 2007 SYDNEY  Telstra Corp. said its fiscal first-half net profit declined 21% due to restructuring costs, but an upgraded earnings forecast and a turnaround strategy boosted the company's share price

Qwest gives $500,000 to online safety effort By Jeff Smith Rocky Mountain News Friday, February 15, 2007 Qwest Foundation has donated $500,000 to the National Center for Missing & Exploited Children to create a free online safety resource for parents and children

Qwest trims 10 percent of Colorado IT workers. About 100 nonunion information-technology employees in Denver received notice Thursday. By Andy Vuong, Staff Writer  Denver Post Friday, February 16, 2007 Qwest laid off 10 percent of its information-technology workforce in Colorado on Thursday, according to its union, as the Denver-based company continues to shed jobs amid accelerating losses in phone customers

Telstra's Profit Falls 20% on Costs Of Overhaul, but Outlook Is Raised By Lyndal McFarland The Wall Street Journal Thursday, February 15, 2007 SYDNEY, Australia In its first result since being freed from government ownership, Telstra Corp. said first half-profit fell 20%, hurt by restructuring costs, but the Australian telecommunications group boosted its full-year outlook as it takes market share from rivals

NARROW ESCAPE:  How a Chastened KPMG Got By Tax-Shelter Crisis; Boss of Just Three Days Admitted Firm's Sins, Fought to Keep Clients By David Reilly The Wall Street Journal Thursday, February 15, 2007 Timothy Flynn, a top executive at KPMG LLP, was driving to a nephew's graduation in May 2005 when he got a phone call from the chairman:  The firm faced imminent criminal indictment over tax shelters it used to sell

Business Seeks to Defeat Bill on Unions By Jeanne Cummings The Wall Street Journal Wednesday, February 14, 2007 WASHINGTON Business interests are bracing for their first clash with the Democratic Congress, raising millions of dollars to defeat a proposal to ease labor-organizing efforts

Government backs Notebaert in Tellabs case By Jeff Smith Rocky Mountain News Tuesday, February 13, 2007 The full force of the U.S. government is siding with Qwest Chief Executive Dick Notebaert in a case stemming from statements he made while CEO of telecommunications equipment maker Tellabs Inc

Qwest reaches $11 million settlement Rocky Mountain News Tuesday, February 13, 2007 Qwest Communications will pay $11 million to settle a class-action lawsuit over its failed European joint venture KPNQwest

Qwest cut 1,300 jobs during '06. Filings show Colorado lost 600 slots.  Analysts question whether the firm can afford to keep it up.
By Andy Vuong, Staff Writer Denver Post Tuesday, February 13, 2007 Amid its return to profitability in 2006, Qwest shrunk its workforce by nearly 1,300 jobs, including 600 in Colorado

S.E.C. Seeks to Curtail Investor Suits By Stephen LaBaton New York Times Tuesday, February 13, 2007 WASHINGTON The Securities and Exchange Commission has begun to take steps on two fronts to protect corporations, executives and accounting firms from investor lawsuits that accuse them of fraud

1,000 quizzed for jury service (Nacchio trial) By Greg Griffin, Staff Writer Denver Post Sunday, February 11, 2007 Have you lost money in a stock-option plan?  You probably wouldn't qualify to sit on the jury that will decide former Qwest chief executive Joe Nacchio's fate

Sarbanes-Oxley is manna for lawyers By Frank Schuchat Rocky Mountain News Saturday, February 10, 2007 The last cycle of corporate scandals from the early part of this decade seems like very old news by now.  Ken Lay has gone on to that great boardroom in the sky

Peek at evidence suggests how Nacchio trial will play. Contract talks with U.S. could cut both ways By Jeff Smith Rocky Mountain News Saturday, February 10, 2007 Defense attorneys say their case is bolstered by brokers who advised Joe Nacchio to sell Qwest stock

Qwest Sets CFO Base Pay at $875,000 AP WASHINGTON (AP)Telecommunications provider Qwest Communications International Inc. said Thursday it will pay Finance Chief Oren Shaffer a base salary of $857,000 for the coming year

Notebaert Webcast DENVER--(BUSINESS WIRE)----Qwest Communications International Inc. (NYSE: Q) today announced that Richard C. Notebaert, Qwest chairman and CEO, will present at the Merrill Lynch Communications Forum

Investors, executives to discuss CEO pay From Reuters Los Angeles Times Friday, February 9, 2007 About 20 large investors and company officials will meet today as the first step in a campaign by shareholders to gain a bigger voice on setting compensation for U.S. company executives

Qwest's Profit Is Helped by Gain By Roger Cheng The Wall Street Journal Friday, February 9, 2007 Qwest Communications International Inc.'s aggressive cost cuts helped the company turn a profit, but it wasn't enough to satisfy Wall Street expectations

Nacchio judge refuses trail delay By Jeff Smith Rocky Mountain News Friday, February 9, 2007 Denver Federal Judge Edward Nottingham on Thursday scolded prosecutors and Joe Nacchio's defense attorneys, saying they were acting like "petulant children in a sandbox" in arguing over how quickly evidence is being exchanged

Nacchio judge: No delays. Quit stalling, he tells attorneys for both sides By Greg Griffin, Staff Writer Denver Post Friday, February 9, 2007 Blasting lawyers for behaving like "petulant children in a sandbox," a federal judge on Thursday refused to delay the trial of former Qwest chief executive Joe Nacchio

Use of Generic Drugs Is Rising, Especially Among the Elderly By DEAN TREFTZ Wall Street Journal February 8, 2007; Page D3 WASHINGTON Government data to be released today show that almost two-thirds of prescriptions filled for Medicare beneficiaries are for generic, rather than brand-name, drugs

Feds, Nacchio at impasse on evidence By Andy Vuong, Staff Writer Denver Post Thursday, February 8, 2007 The Department of Justice said in a court filing it is at an impasse with attorneys for former Qwest chief executive Joe Nacchio over how the parties will handle the introduction of certain classified information during the course of his criminal insider-trading trial

Tug of war tightens in Nacchio case By Jeff Smith Rocky Mountain News Thursday, February 8, 2007 Federal prosecutors late Wednesday rebutted the claim by Joe Nacchio's attorneys that they've been slow in turning over evidence such as witness interviews

Nacchio's attorneys ask judge to delay trial By Andy Vuong, Staff Writer Denver Post Wednesday, February 7, 2007 The Department of Justice has turned over witness interviews that could help clear former Qwest chief executive Joe Nacchio of some of the illegal insider trading charges against him, defense attorneys said in a court filing Tuesday

Fed Chief Warns of Widening Inequality. Bernanke Urges Steps That Avoid Harm to Economy By David Wessel The Wall Street Journal Wednesday, February 7, 2007 WASHINGTON Federal Reserve Chairman Ben Bernanke cautioned that widening economic inequality may make Americans "less willing to accept the dynamism ... so essential to economic progress."

State of mind called key in Qwest case By Greg Griffin, Staff Writer Denver Post Sunday, February 4, 2007 ImClone Systems' Samuel Waksal urged his daughter to sell her stock right before bad news was announced -- then he lied to investigators.  He pleaded guilty and went to jail

Drug Industry Faces Bitter Pill. Congress Proposes Tougher Regulation, Cheaper Medications By ANNA WILDE MATHEWS February 2, 2007; Page A6 Wall Street Journal Congress is kicking off efforts to pass big reforms of the Food and Drug Administration, and that could produce some bitter pills for the pharmaceutical industry: potentially, tougher safety rules and provisions to reduce the cost of medicines

Qwest quietly settles lingering lawsuits. Resolutions reached with investors over Nacchio-era losses By Jeff Smith Rocky Mountain News Saturday, February 3, 2007 Qwest Communications has quietly settled several lingering fraud lawsuits since late December, according to court records

Dick Notebaert elected chair of the board of trustees of the University of Notre Dame By Andy Vuong Denver Post Saturday, February 3, 2007 A tale of two executives.  Former Qwest CEO Joe Nacchio is about to stand trial on 42 counts of illegal insider trading

Plaintiff Says He Conspired With Milberg By Nathan Koppel The Wall Street Journal Thursday, February 1, 2007 A Connecticut man agreed to plead guilty to conspiring with the law firm Milberg Weiss & Bershad LLP and several of its partners to obstruct justice and make false statements in class action lawsuits it handled

Civil Court Rejects Tax Shelter Tied to KPMG By David Reilly and Paul Davies The Wall Street Journal Friday, February 2, 2007 In a significant decision regarding the validity of a tax shelter at the heart of a criminal trial involving former KPMG LLP executives, a federal judge in Texas hearing a separate civil suit found the structure was a sham that "lacked economic substance."

Nacchio settles pension lawsuit for $1.5 million By Jeff Smith Rocky Mountain News Thursday, February 1, 2007 Former Qwest Chief Executive Joe Nacchio has agreed to pay $1.5 million to settle a fraud lawsuit filed by one of the country's largest pension funds

Nacchio not paying settlement By Jeff Smith Rocky Mountain News Friday, February 2, 2007 Former Qwest CEO Joe Nacchio's $1.5 million settlement with the California State Teachers Retirement System isn't an admission of wrongdoing, and he personally didn't make the payment, his attorney said Thursday

Senators bristle at FCC chief's enforcement of AT&T-BellSouth merger By Paul Davidson USA Today Friday, February 2, 2007 The chairman of the Federal Communications Commission faced tough questions from a Senate panel Thursday over his comments that he would not enforce a key condition the FCC imposed before approving of the AT&T-BellSouth merger

Bush Addresses Income Inequality. Economic Speech Touches on Executive Pay as Senators Move to Rein It In By Michael Abramowitz and Lori Montgomery, Staff Writers Washington Post Thursday, February 1, 2007 NEW YORK, Jan. 31 President Bush acknowledged Wednesday that there is growing income inequality in the United States, addressing for the first time a subject that has long concerned Democrats and liberal economists

Owens faces hard task on Key board By David Milstead Rocky Mountain News Wednesday, January 31, 2007 Bill Owens could have chosen an easier task for his first corporate board. Earlier this month Houston-based Key Energy Services said Owens would become a director

Executive Camp The Wall Street Journal - Editorial Wednesday, January 31, 2007 Here we go again.  This week Democrats are partying like it's 1993 in the Senate, where they are about to fire what promises to be only the first salvo in their latest war on "excessive" CEO pay

Boards Clueless on CEO Pay By The Associated Press New York Times Wednesday, January 31, 2007 NEW YORK (AP) -- Shareholders worried about runaway executive pay are likely to be stunned by the findings of a new study that shows many board directors still have no idea how much their CEOs would collect if they retire, are fired or bought out

Anschutz loses London casino bid By David Stringer, The Associated Press Denver Post Wednesday, January 31, 2007 London - Manchester was the surprise choice Tuesday as the site for Britain's first Las Vegas-style supercasino, beating bids from London's Millennium Dome -- owned by Anschutz Entertainment Group -- and Blackpool

Is Anschutz project falling out of favor? By Paula Moore The Denver Business Journal Tuesday, January 30, 2007 Odds-makers have made the city of Blackpool the favorite in the competition for Britain's first Las Vegas-style supercasino, according to British press reports

SEC Clears Market-Based Way To Value Staff Stock Options By David Reilly and Serena Ng The Wall Street Journal Tuesday, January 30, 2007 The Securities and Exchange Commission for the first time has blessed a method for valuing employee stock options that relies on market forces rather than academic models

Strike One for Executive Pay. Senate Provision Begins Push To Rein In Compensation Packages By Sarah Lueck The Wall Street Journal Tuesday. January 30, 2007 The Senate's likely passage this week of legislation raising taxes on executive pay is just the beginning of a tough look by the new Democratic Congress at big corporate compensation packages

Now Someone Else Has to Tell Retirees 'No'. Firms Escape Health Costs By Creating Trusts, Giving Unions Control of Funds By Kris Maher The Wall Street Journal Monday, January 29, 2007 Every week, Mike Mormile receives up to 50 calls from retirees and widows who can't pay a prescription-drug bill or who missed a mailing explaining medical benefits

Qwest may face fight for money. If its ex-CEO is convicted, the firm can seek reimbursement for paying to defend him. By Andy Vuong, Staff Writer Denver Post Sunday, January 28, 2007 CA Inc. is trying to recover the $14.9 million that the software company spent to defend former chief executive Sanjay Kumar against accounting-fraud charges

Why You'll Have a Worry-Free Retirement By Tim Hanson The Motley Fool Friday, January 25, 2007  What a load off, huh? According to a recent study by Towers Perrin reported in The Wall Street Journal, "The pension plans of Fortune 100 companies ended 2006 with 102.4% of the assets needed to pay pensions indefinitely."

US union says exec pay resolutions at 44 companies Reuters.com  Friday, January 26, 2007 WASHINGTON, (Reuters)Resolutions seeking more shareholder say over executive pay are being filed at 44 major U.S. corporations in the 2007 proxy season by institutional investors, a big labor union said on Thursday

Wanted:  Qwest witnesses By Jeff Smith Rocky Mountain News Friday, January 26, 2007 Federal prosecutors have asked a retirees group to help identify potential witnesses who suffered large financial losses after buying Qwest stock during the first five months of 2001

Top Executives at American Express Will See Retirement Benefits Shrink By Robin Sidel The Wall Street Journal Saturday, January 27, 2007 American Express Co. is cutting retirement benefits for its top executives by about 12% under a wide-ranging overhaul of the card company's benefits program for all employees

Nacchio attorneys say items withheld By Greg Griffin, Staff Writer
Denver Post Friday, January 26, 2007
Attorneys for former Qwest chief executive Joe Nacchio complained to a federal judge Thursday that prosecutors are dragging their feet in getting evidence to them as the March 19 trial approaches

Nacchio's legal tab picked up. Bylaws require Qwest to pay for ex-CEO's defense By Andy Vuong, Staff Writer Denver Post Friday, January 26, 2007 Joe Nacchio is getting the best defense Qwest can buy

Judge says Nacchio team can see rebuttal evidence. Joe Nacchio is expected to base defense on U.S. security. By Jeff Smith Rocky Mountain News Thursday, January 25, 2007 A Denver federal judge has ordered prosecutors to produce immediately the evidence they intend to use to rebut Joe Nacchio's possible national security defense

Union boss pops off on economy By Al Lewis, Staff Columnist  Denver Post Wednesday, January 23, 2007 Last week, I made this silly bet with Andy Stern, president of the nation's fastest-growing union

UAW May Run Some Retiree Benefits. GM, Ford Explore Moving Obligation For Health Care By Jeffrey McCracken The Wall Street Journal Tuesday, January 23, 2007 Detroit's auto makers and the United Auto Workers are examining a potentially revolutionary plan that would shift to the union responsibility for tens of billions of dollars in retiree health-care liabilities, according to people familiar with the matter

Here Today, Here Tomorrow. Many Retired CEOs Retain Offices at Firms They Led; To Critics, It Is a Costly Favor By Joann S. Lublin The Wall Street Journal Monday, January 22, 2007 Larry Kellner, chief executive of Continential Airlines Inc., wanted to discuss his industry's consolidation with an expert.  So one day last month, he rode an elevator up 23 floors to see his predecessor, Gordon M. Bethune.

Attorneys in Nacchio case want jury questions sealed By Andy Vuong, Staff Writer Denver Post Article Last Updated: 01/22/2007 11:19:46 AM MST Prosecutors and defense attorneys in the criminal insider trading case against former Qwest chief executive Joe Nacchio have asked a judge to seal their proposed jury questions

Pension Plans Take Healthy Turn. Rising Markets Aid Big Firms' Funds; Failure Risk Lessens By Theo Francis The Wall Street Journal Tuesday, January 23, 2007 After years of steep underfunding, pension plans are now healthy, thanks to several years of double-digit investment gains and rising interest rates, separate studies from benefits consultants suggest.

Activist Holders Gain Ground In Quest for Access to Ballots By Kara Scannell The Wall Street Journal Tuesday, January 23, 2007 WASHINGTON Shareholder activists won a modest victory in their efforts to win greater access to corporate ballots

Retiree lawsuit on insurance in wings for Qwest. The first '07 death of a former employee is likely to bring about legal action over benefit caps. By Andy Vuong, Staff Writer Denver Post  Tuesday, January 23, 2007 As soon as the first Qwest/US West retiree passes away this year, the Denver- based phone company will be hit with a lawsuit from the Association of US West Retirees, the group's executive director Nelson Phelps said Monday

Qwest settles lawsuit brought by California teachers fund By Jeff Smith Rocky Mountain News  Tuesday, January 23, 2007 Qwest Communications and founder Phil Anschutz have settled a fraud lawsuit filed by one of the country's largest retirement funds, according to court documents

New relevations about Nacchio's defense. Filings lend "some plausibility" By Greg Griffin and Andy Vuong, Staff Writers Denver Post Sunday, January 21, 2007 A single phone call landed Qwest a top-secret contract in 1999 to install a fiber-optic line for the federal government.  There was no bidding

Bush Plans to Seek Tax Break For Private Health Insurance By John D. McKinnon The Wall Street Journal Sunday, January 21, 2007 WASHINGTON President Bush will propose a sweeping change in the way the government taxes health-care insurance, in an effort to make coverage cheaper and more widely available

Executives Get Bonuses As Firms Reprice Options. Aim Is to Offset Losses As Backdating Is Fixed;  Mr. Deason's Windfall By Charles Forelle The Wall Street Journal Saturday, January 20, 2007 The stock-options backdating scandal has prompted dozens of companies to fire top executives, take charges totaling billions of dollars against earnings and tell shareholders that they misrepresented how options were awarded

Nacchio trial's veil may be lifting. The illegal insider-trading case against the ex-CEO of Qwest is opening proceedings to the public as security issues are dealt with. By Andy Vuong, Staff Writer Denver Post Friday, January 19, 2007 After a series of closed-door hearings, the cloud of secrecy over the criminal insider-trading case against former Qwest chief executive Joe Nacchio could be lifting

A straight-up cure for CEO hubris By Al Lewis, Staff Columnist Denver Post Friday, January 19, 2007 This week it was Walter Forbes, former chairman of Cendant Corp., sentenced to prison for fraud.  Forbes follows Enron's Jeff Skilling, WorldCom's Bernie Ebbers, Tyco's Dennis Kozlowski and Adelphia's John Rigas.  In March, former Qwest chief executive Joe Nacchio stands trial

Senate Panel Limits Pay Deferrals for Executives. Measure Is Part of Broad Tax-Break Package to Help Small Businesses Offset Cost of Minimum Wage Rise By Lori Montgomery and Jeffrey H. Birnbaum, Staff Writers Washington Post Thursday, January 18, 2007 The Senate Finance Committee approved legislation yesterday to limit one element of the big pay packages awarded to corporate executives, a move that business lobbyists saw as the harbinger of an assault on corporations and the wealthy now that Democrats control Congress

Where’s Herb? ( * ) He’s in the Rocky Mountain News! By Peter Lattman The Wall Street Journal Wednesday, January 17, 2007 The Rocky Mountain News ran a big 2,000-odd word profile over the weekend on Herbert Stern, the former federal judge and U.S. Attorney in New Jersey defending former Qwest CEO Joseph Nacchio, who is expected to go on trial in March on charges of insider trading

Senators To Target Executive Benefit. Deferred Pay May Be Capped By Lori Montgomery and Jeffrey H. Birnbaum, Staff Writers Washington Post Wednesday, January 17, 2007 The Senate Finance Committee is considering a proposal to sharply limit the earnings corporate executives and other highly paid employees can place tax-free into deferred compensation plans, one of the most popular executive benefits in corporate America

The Shifting Calculus Of Workplace Benefits. Amid Rising Health Costs, Employers Offer Growing Menu of Insurance Products That You Pay for Yourself By M. P. McQueen The Wall Street Journal Wednesday, January 17, 2007 Joann Visconto was considering buying life insurance that was offered through the bank where she works

Court Lets IBM Pension Plan Stand By Mark H. Anderson The Wall Street Journal Wednesday, January 17, 2007 WASHINGTON -- The U.S. Supreme Court let stand a lower court ruling that said International Business Machines Corp.'s switch to a cash-balance pension plan didn't discriminate against older workers, ending a lawsuit that could have cost the company $1.4 billion

Anschutz shedding Qwest. More sales of stock lead to questions about confidence in telco By Jeff Smith Rocky Mountain News Tuesday, January 16, 2007 Philip Anschutz, Qwest founder and once the Denver telco's largest investor, has now sold more than 90 percent of his holdings in the company

Company Clinics Cut Health Costs By Milt Freudenheim New York Times Sunday, January 14, 2007 Frustrated by runaway health costs, the nation’s largest employers are moving rapidly to open more primary care medical centers in their offices and factories as a way to offer convenient service and free or low-cost health care

Nacchio has a tiger in his corner. Aggressive attorney Herbert Stern has succeeded in getting convictions - and avoiding them, too By Jeff Smith Rocky Mountain News Friday, January 13, 2007 Herbert Stern spent his early career putting corrupt officials behind bars. As a top federal prosecutor in New Jersey, Stern helped convict eight mayors, a U.S. congressman and dozens of other public officials

Companies Trim Executive Perks To Avoid Glare. Jet Rides, Club Dues On Chopping Block As SEC Rules Kick In By Erin White and Joann S. Lublin The Wall Street Journal Friday, January 13, 2007 Some CEOs may soon learn there's no such thing as a free ride -- on the corporate jet, anyway

Anschutz likely sold chunk of Qwest shares. The phone company may have bought the shares, worth about $250 million, in a buyback program. By Andy Vuong, Staff Writer Denver Post Friday, January 12, 2007 Qwest founder Philip An schutz, who has significantly trimmed his stake in the phone company in recent months, likely sold 31 million more shares this week, according to a Wall Street analyst.

Business firms buried hatchets. Drive to woo Dems in 2008 united rivals in raising $23 million By Gargi Chakrabarty Rocky Mountain News Friday, January 12, 2007 Rival companies buried their differences and high-tech competitors joined hands with traditional utilities to raise more than $23 million in pledges to land Denver the Democratic National Convention in 2008

Qwest cable help pushed. Bill would bypass municipal franchise requirements By Andy Vuong, Staff Writer Denver Post Friday, January 12, 2007 State Rep. David Balmer said Thursday he will introduce legislation that would allow Qwest to seek a statewide cable-franchise agreement

Audit Watchdog Report Raps Ernst, KPMG By David Reilly The Wall Street Journal Friday, January 12, 2007 In its final two inspection reports on 2004 corporate audits done by the country's biggest accounting firms

Icahn on Chiefs, Morons and Leased Jets New York TimesThursday, January 11, 2007 Earlier this week, several blogs and the New York Post picked up a funny and harrowing anecdote about the billionaire financier Carl Icahn that appeared in a profile in Avenue magazine

Accountant Pleads Guilty in KPMG Shelter Case By Lynnley Browning New York Times Thursday, January 11, 2007 A California accountant pleaded guilty yesterday to charges of conspiracy, tax fraud and obstructing a federal investigation, and pledged to help prosecutors as they conduct a widening criminal investigation of questionable tax shelters

SEC has settlement talks with 5 ex-Qwest officials. The agency sued 12 for fraud and has settled with 6 By Andy Vuong, Staff Writer Denver Post Thursday, January 11, 2007 The Securities and Exchange Commission has held preliminary settlement discussions with each of the former Qwest executives the agency has sued for fraud, an SEC attorney said Wednesday

Hoping to settle Qwest fraud case, judge urges talks By Jeff Smith
Rocky Mountain News Thursday, January 11, 2007 Federal Magistrate Judge Craig Shaffer wants to resolve quickly a nearly two-year-old government civil fraud case against a handful of former Qwest executives, and on Wednesday he again encouraged settlement discussions

Commentary;  CEO Politics The Wall Street Journal Tuesday, January 9, 2007 For an excellent example of why federal agencies so rarely admit mistakes, look no further than the recent uproar over the Securities and Exchange Commission's flip-flop on stock-option disclosure

Private Firms Lure CEO’s With Top Pay By Andrew Ross Sorkin and Eric Dash New York Times Monday, January 8, 2007 Robert L. Nardelli’s unceremonious departure from Home Depot may spell the end of the era of super-size pay packages for chief executives of public companies, but a new refuge for lavish compensation and private jets is emerging elsewhere

Qwest to view video options. The Denver-based phone company has called for cost estimates from vendors on switching from copper to a fiber-optic infrastructure. By Andy Vuong, Staff Writer Denver Post Monday, January 8, 2007 Qwest is quietly taking steps toward a major upgrade of its network that would ultimately allow the company to offer its own video service on a broader scale

So Many Millions, So Little Body Armor By Ben Stein New York Times Sunday, January 7, 2007 The current state of corporate ethics, and the governmental and public policy response to that state, are so bewildering, so upsetting, so impossible to understand except in terms of the famous phrase, “Follow the money,” that it makes my poor old head spin

Home Depot logic has screw loose By Al Lewis, Staff Columnist  Denver Post Sunday, January 7, 2007 When my son was 4 years old, he went to Home Depot with some neighbors and learned to build a squirrel feeder

Former Qwest exec reaches tentative deal in fraud case By Jeff Smith Rocky Mountain News Saturday, January 6, 2007 Former Qwest Chief Financial Officer Robin Szeliga has reached a tentative civil fraud settlement with the Securities and Exchange Commission

Anschutz sells D.C. United soccer team The Denver Business Journal By Neil Adler, Washington Business Journal The Denver Business Journal Saturday, January 6, 2007 The sale of D.C. United to an investment group that includes the pro soccer team's president

Gadflies Get Respect, and Not Just at Home Depot By Charles Duhigg New York Times Friday, January 5, 2007 For decades, activist shareholders were an entertaining, but largely ignored, Wall Street sideshow

Qwest's has a new artful marketing campaign. Qwest's artful marketing campaign shows it's thinking outside the sandbox, but is its morphing message ...art for art's sake? By Andy Vuong, Staff Writer Denver Post Friday, January 5, 2007 A small fish morphs into a whale that ultimately turns into a model of the globe

A Warning Shot by Investors to Boards and Chiefs By Gretchen Morgenson New York Times Thursday, January 4, 2007 Arrogance has never been attractive in a leader.  Now, in corporate chief executives anyhow, it may be a career ender

KPMG Acquitted in Norway Bankruptcy Case Los Angeles Times Thursday, January 4, 2007 OSLO, Norway A partner with accounting firm KPMG was sentenced to 30 days in jail Thursday for negligent accounting in one of this country's worst bankruptcies, while the Norwegian branch of the firm was acquitted

Qwest execs cash in By Andy Vuong Denver Post Thursday, January 4. 2007 Qwest chief executive Dick Notebaert has sold 410,800 Qwest shares worth $3.44 million, according to a filing with regulators today

Charge Against KPMG Dropped. Firm Cooperated Over Tax Shelters, Prosecutors Say By Carrie Johnson, Staff Writer Washington Post Thursday, January 4, 2007 A federal judge dismissed a criminal conspiracy charge yesterday against the accounting firm KPMG after prosecutors said it had complied with an August 2005 deal that helped it avoid a possible death sentence

Pension funds seek vote on executive pay From Bloomberg News Los Angeles Times Saturday, January 3, 2007 New York's pension funds asked Home Depot Inc., Blockbuster Inc. and Par Pharmaceutical Cos. to let shareholders vote on whether they approved of top executives' pay packages

AT&T Unveils New Structure By a Staff Reporter The Wall Street Journal
Tuesday, January 2, 2007 AT&T Inc., which closed its $85 billion acquisition of BellSouth Corp. on Friday, unveiled its new management structure and added three BellSouth directors to its board

Going universal. The American healthcare system is, simply put, a mess, but we may finally be ready to fix it. By Ezra Klein Los Angeles Times Tuesday, December 26, 2006 The statistics by now, are well known.  Forty-seven million uninsured Americans

Firms tighten director elections. Qwest, First Data to require majority vote for nominees By David Milstead Rocky Mountain News Friday, January 2, 2007 Qwest and First Data have adopted a new standard of voting for directors, with nominees needing a majority vote of shareholders to be re-elected

AT&T Completes BellSouth Takeover. FCC Approves $85 Billion Deal By Alan Sipress and Sara Kehaulani Goo, Staff Writers Washington Post Saturday, December 30, 2006 The Federal Communications Commission yesterday overcame a seven-month deadlock and approved AT&T's $85 billion purchase of BellSouth

Canned Phrases for Making an Exit By Katie Hafner New York Times Saturday, December 23, 2006 It is a turn of phrase with a long tradition, spun from corporate boardrooms in all seeming sincerity — no winks, no nods — just the sober announcement.

Cash-rich firms skimp on dividends. Fewer big companies lift payouts in 2006, ending an uptrend. More is spent on buybacks. By Tom Petruno, Staff Writer Los Angeles Times Friday, December 29, 2006 Investors in Mattel Inc., McDonald's Corp. and Home Depot Inc. got hefty cash bonuses this year for being shareholders.  All three raised their dividend payments 30% or more

Probe of KPNQwest sought By Jeff Smith Rocky Mountain News Friday, December 29, 2006 A Dutch court wants to investigate whether KPNQwest, a joint venture of Royal KPN and Qwest Communications, misled investors before spiraling into bankruptcy in 2002

N.M., Qwest settle; upgrades ordered By Jeff Smith Rocky Mountain News Friday, December 29, 2006 New Mexico regulators on Thursday unanimously approved a proposed settlement requiring Qwest Communications to invest in network upgrades and high-speed Internet services, ending litigation stemming from an investment shortfall.

As Health Middlemen Thrive, Employers Try to Tame Them. Some Seek More Transparency, Deal With Doctors Directly; Fighting for Drug Rebates; Caterpillar Uses Its Leverage By David Wessel, Bernard Wysocki Jr. and Barbara Martinez The Wall Street Journal Friday, December 29, 2006 Chicken producer Perdue Farms Inc. used to hire a big health insurer to bargain with doctors

United Steelworkers Union Approves Goodyear Contract Associated Press The Wall Street Journal Friday, December 29, 2006 AKRON, Ohio The union representing about 14,000 Goodyear Tire & Rubber Co. workers approved a new contract that includes plans to close a Texas tire factory and create a $1 billion health-care fund for retirees, the United Steelworkers said Friday

AT&T Yields to Seal BellSouth Deal. Broad Concession Package Aims to Win FCC Backing; Big Role of 'Net Neutrality' By Amy Schatz and Peter Grant The Wall Street Journal Friday, December 29, 2006 AT&T Inc. made numerous new consumer-friendly concessions on the terms of its proposed $85 billion merger with BellSouth Corp. in an effort to get approval by the Federal Communications Commission before the end of the year

SEC Reversal Irks a Committee Chief. Rep. Frank Shows Concern For Relaxed Disclosure Rule, Vows to Get Congress Involved By Siobhan Hughes Thursday, December 28, 2006 WASHINGTON The Securities and Exchange Commission's decision to reverse course and relax disclosure rules on executive pay isn't sitting well with the Democrat who will head the House Financial Services Committee in the new Congress

Bosses' Pay: How Stock Options Became Part of the Problem. Once Seen as a Reform, They Grew Into Font of Riches And System to Be Gamed Reload, Reprice, Backdate By Mark Maremont and Charles Forelle The Wall Street Journal Wednesday, December 27, 2006 Eugene Isenberg is the little-known chief executive of a modest-sized oil-services company in Houston.  But he stands out in one way:  He is among the highest-paid corporate executives in history.  In the past 19 years, he has pocketed more than $450 million

UnitedHealth Faces Formal Probe By a WALL STREET JOURNAL Staff Reporter Wednesday, December 27, 2006 UnitedHealth Group Inc. said the Securities and Exchange Commission has launched a formal investigation into its stock-options practices

Casino plan displeases King Tut exhibitor The Denver Business Journal Tuesday, December 26, 2006 Denver billionaire Phil Anschutz's The O2 venue in London, which is the redevelopment of the troubled Millennium Dome, may be the victim of a new wrinkle in the curse of King Tut

Corporate accounting errors persist By Al Lewis, Staff Columnist
Denver Post Tuesday, December 26, 2006 Nearly five years after WorldCom, Enron and Qwest, corporate America remains rife with accounting errors

Ma Bell is calling again, with a big voice. AT&T seeks dominance with its plan to buy BellSouth, though the field is more complex. By James S. Granelli, Staff Writer Los Angeles Times Tuesday, December 26, 2006 More than 22 years after the federal government broke up the AT&T phone monopoly, Ma Bell's family is getting back together

SEC Changes Reporting Rule on Bosses’ Pay By Floyd Norris New York Times Wednesday, December 27, 2006 The Securities and Exchange Commission, in a move announced late on the last business day before Christmas, reversed a decision it had made in July and adopted a rule that would allow many companies to report significantly lower total compensation for top executives

AT&T must face lawsuit by MediaOne executives From Bloomberg News Los Angeles Times Friday, December 22, 2006 AT&T Inc., the largest U.S. telephone company, must face a lawsuit by former MediaOne Group Inc. executives who say a buyout reduced the value of their stock options, a judge ruled

Guilty Plea Made in Trial Over Shelters From KPMG  By Lynnley Browning  New York Times Friday, December 22, 2006 A businessman pleaded guilty yesterday to charges of conspiracy and fraud and agreed to help federal prosecutors pursue indicted former employees of the accounting firm KPMG in a widening investigation into questionable tax shelters

Qwest Adopts Majority Voting Formula For Directors Associated Press Business Week December 19, 2006 (AP) DENVER  Qwest Communications said Monday it has revised corporate governing policy to require directors to be elected by majority vote in some elections, mirroring a trend that gives shareholders a stronger voice

IBM Ends Director Stock Options, Spotlighting Popular Perk's Decline By Joann S. Lublin and William M. Bulkeley The Wall Street Journal Thursday, December 21, 2006 Stock options, long touted by many companies as a vital tool for rewarding board members and aligning their interests with those of shareholders, are falling out of favor as a perk amid scandal and accounting and legal changes

Bell Companies' FCC Victory Might Be Short-Lived By Amy Schatz The Wall Street Journal Thursday, December 21, 2006 WASHINGTON Phone companies scored a win at the Federal Communications Commission when the agency agreed to change rules to let them enter the cable-television business faster, but the victory may be short-lived, as congressional Democrats complained and opponents threatened legal action

Level 3 Regains Luster Amid Web-Video Boom By Li Yuan and Gregory Zuckerman The Wall Street Journal Thursday, December 21, 2006 Fiber-optic network operator Level 3 Communications Inc., a high-flyer during the telecommunications bubble, almost went bankrupt after the sector burst in 2000

Price we pay for health insurance isn't all financial By Loren Steffy, Business Columnist Houston Chronicle Thursday, December 20, 2006 My employer wants my blood. I've been assured that the bleeding will be short and merciful and that it's being done for my own good

Free phone calls brighten desperate lives By Gary Massaro Rocky Mountain News Wednesday, December 20, 2006 A borrowed cell phone and a free long-distance call gave hope to folks who don't have much else.  It was the monthly service provided by Qwest and 10 employees who volunteer their time at Denver Rescue Mission

Anschutz, Cussler in 'Sahara' standoff By Paula Moore Denver Business Journal Wednesday, December 20, 2006 Denver billionaire Phil Anschutz's hotly contested legal battle with writer Clive Cussler is scheduled to finally go to trial late next month in Los Angeles

Phone companies poised to enter cable TV market. Telephone companies are coiling up in anticipation of taking on your cable television company. By Steve Alexander, Minneapolis Star Tribune Wednesday, December 20, 2006 After years of tentatively testing the cable television waters, telephone companies are poised to invade the market with their own service

Get Ready For A Red-Hot Proxy Season By Joan Warner Forbes.com Wednesday, December 20, 2006 If the 2006 proxy season felt dramatic, just wait until spring

Paying Health Care From Pensions Proves Costly By Mary Williams Walsh New York Times Tuesday, December 19, 2006 Many local governments began turning to their pension funds to help pay for health care for retired public workers in the 1990s.  Some are now regretting it

Social Security officials warn recipients of e-mail scam From Newsday Los Angeles Times Tuesday, December 19, 2006 MELVILLE, N.Y. The government says that the 49 million people receiving Social Security will get a 3.3% cost-of-living increase next year.  It didn't take long for crooks to try to get their cut.

Qwest:  DirecTV deal not window dressing By Andy Vuong, Staff Writer Denver Post Tuesday, December 19, 2006 Qwest receives recurring revenue from its relationship with DirecTV and would continue to resell the satellite-TV service when, or if, the company launches a broad video initiative, said Qwest chief executive Dick Notebaert.

Denver's convention hopes hit snag. A stagehands association leader refuses to sign a pledge not to strike if the Democrats come to town. By George Merritt, Staff Writer Denver Post Tuesday, December 19, 2006 Denver's bid to host the 2008 Democratic National Convention hit a serious snag Monday after a union leader refused to sign a no-strike pledge, with a decision due anytime

The Growing Appeal of Disability Insurance. Sales Rise as Cheap Policies Prompt Employers to Offer Coverage at a Discount By M. P. McQueen The Wall Street Journal Tuesday, December 19, 2006 Often, it's one of the last safety nets people think about -- after health, home and car insurance

Amid Twists at FCC Review, AT&T Hurdles Loom. Republican Panel Member Abstains in BellSouth Vote; Odds of Concessions Rise The Wall Street Journal By Amy Schatz Tuesday, December 19, 2006 WASHINGTON AT&T Inc.'s $86 billion bid to buy BellSouth Corp. could face a variety of unwanted conditions after a Federal Communications Commission member said he won't vote on the deal because of ethical concerns

Health care debate to heat up in 2007 By Julie Appleby USA TODAY Tuesday, December 19, 2006 WASHINGTON Sen. Ron Wyden, getting a jump on his fellow lawmakers, outlined an ambitious plan last week that he says will guarantee all Americans health insurance similar to what Congress now gets, and save money at the same time

States struggle to cover retirees By Dennis Cauchon USA TODAY Monday, December 18, 2006 State and local governments are starting to take aggressive steps to reduce the enormous cost of providing health care benefits to retired teachers, police officers, firefighters and other public workers

U.S. Is Proposing to Cut Medicaid’s Drug Payments By Robert Pear New York Times Monday, December 18, 2006 WASHINGTON, Dec. 17 The Bush administration on Monday will propose sweeping reductions in payments to pharmacies as a way to save money for Medicaid, the health program for more than 50 million low-income people

Companies soften view of ex-workers. Once scorned as deserters, they're now valued and courted BY Ellen Simona, Associated Press St Paul Pioneer Press Monday, December 18, 2006 NEW YORK The old view of corporate exes — employees who leave for other jobs — was that they were deserters and traitors who must never be spoken of again

Mass. health plan drawing interest as model for US. Universal care issue reemerges By Susan Milligan, Globe Staff Boston Globe Monday, December 18, 2006 WASHINGTON -- Universal healthcare, an issue the White House and Congress have largely abandoned since the early 1990s, has reemerged as an issue on Capitol Hill and around the country, with lawmakers looking to Massachusetts' landmark plan as a political and structural model for the nation's 46 million uninsured.

'Lucky' Stock Options Not Limited to Executives. Study Finds Board Members Profit, Too By Terence O'Hara, Staff Writer Washington Post Monday, December 18, 2006 Chief executives weren't the only ones enjoying near-guaranteed profits from stock options in the past decade

9 ex-officials want boost to their state pensions, too. Bulger ruling sparks requests for thousands By Matt Carroll, Globe Staff Boston Globe Sunday, December 17, 2006 A number of prominent retired state officials have quietly requested boosts in their state pensions in recent weeks, aiming to capitalize on former University of Massachusetts president William M. Bulger's successful legal battle to increase his pension by $17,000 last month

Battleground of the telecoms. Qwest is going all out to maintain its phone-customer dominance over competitors Cox and Comcast, especially Comcast.  The battle lines are drawn in six major metro markets that analysts say are critical to Qwest's future. By Andy Vuong, Staff Writer  Denver Post Sunday, December 17, 2006 Portland, OR  --  With 2.5 million residents in its metro area, Portland is among the frontline battlegrounds in Qwest's fight against intensifying competition from cable companies

Insurance With Limits By M. P. McQueen The Wall Street Journal Sunday, December 17, 2006 A growing number of employers are offering limited medical insurance to part-time and temporary workers, but the plans may be a mixed blessing

Striking union workers, AFL-CIO protest Goodyear tire stores By Nate Jenkins, AP St Paul Pioneer Press Sunday, December 17, 2006 LINCOLN, NE --  Union members battling Goodyear Tire & Rubber Co. took their picket lines to tire retailers across the country on Saturday as part of an effort to gain leverage in talks with the company

Cuts in incentives upset 3M supervisors. 3M managers learned that the company will trim its long-standing profit-sharing and stock-option plans. The company says changes are necessary to help "support growth.'' By Dee DePass Minneapolis Star Tribune Saturday, December 16, 2006 3M Co. supervisors, managers and unit directors learned this week that the Maplewood company is planning to significantly cut its stock-option plan and end the quarterly profit-sharing checks it has disbursed since the 1950s

Despite pinch of rising health costs, cutbacks not a burden for retiree By Jeff Smith Rocky Mountain News Saturday, December 16, 2006 Barbara Wilcox is quick to say Qwest's planned cutbacks in retiree benefits won't put her in hardship.  But the health care caps will certainly affect her

Couple say they're far from set after taking lump-sum payout in 2001 By Jeff Smith Rocky Mountain News Saturday, December 16, 2006 John and Veronica Rommelfanger, longtime U S West employees, left Qwest in 2001 after the two companies merged

Health care cap creating 'bleak' view, advocate says By Jeff Smith
Rocky Mountain News Saturday, December 16, 2006
Mary, or Mimi, Hull lives comfortably in a condominium near downtown Denver.  Cuts in her retiree benefits aren't likely to change her lifestyle in the immediate future

Plans to cut benefits infuriate retiree battling tumor By Jeff Smith Rocky Mountain News Saturday, December 16, 2006  

Qwest retiree benefits dwindle By Jeff Smith Rocky Mountain News Saturday, December 16, 2006 The Denver telco recently announced life insurance benefit cuts affecting all 48,000 retirees and health care cost caps affecting 9,000 retirees

Last-Minute Inserts Offer Benefits in Medicare Bill By Robert Pear New York Times Friday, December 15, 2006 WASHINGTON — By slipping four sentences into a big bill (HR 6408) passed last week, Speaker J. Dennis Hastert secured a major change in Medicare policy avidly sought by a few health insurers, in particular a multinational company with headquarters in his home state, Illinois

Executive Compensation Comes Into The Clear By Terence O'Hara, Staff Writer Washington Post Friday, December 15, 2006 Shareholders can expect a clearer picture of how much top executives are paid as new rules go into effect today, requiring companies to clearly explain their compensation practices

Retirees shouldering rising health plan costs. Rather than end plans, firms are shifting more costs to their retirees, a study shows. By H.J. Cummins Minneapolis Star Tribune Thursday, December 14, 2006 Mary Ann Neuman U.S. companies are shifting more of the costs of retiree health coverage onto their retirees, rather than terminate the plans amid rising costs, according to the Kaiser/Hewitt 2006 Survey on Retiree Health Benefits, released Wednesday

SEC Eases Regulations on Business By Stephen Labaton New York Times Thursday, December 14, 2006 WASHINGTON  Responding to criticism that regulators had overreacted to years of major corporate scandals, the Securities and Exchange Commission on Wednesday issued a flurry of deregulatory orders and proposals intended to lower costs to public companies.  It said the moves would not reduce investor protection.

Health care for all proposed By Ricardo Alonso-Zaldivar, Staff Writer Los Angeles Times Thursday, December 14, 2006 WASHINGTON A prominent Democratic senator unveiled an ambitious proposal today to provide health insurance for all Americans, while reining in rapid healthcare inflation that threatens benefits for millions of workers and their families

Future retirees to bear bigger part of health costs By Will Shanley, Staff Writer Denver Post Thursday, December 14, 2006 About 11 percent of large U.S. companies surveyed dropped health benefits for future retirees under age 65 this year, with a nearly equal number considering doing the same in 2007, according to a study released Wednesday

Investing in Dems. Qwest and Xcel pledge millions if convention comes to Denver By Gargi Chakrabarty Rocky Mountain News Wednesday, December 13, 2006 Qwest has promised to pony up $6 million if Denver hosts the Democratic National Convention in 2008

Barry K. Allen, Executive vice president of operations, Qwest First job, December 9 Rocky Mountain News Saturday, December 9, 2006 •  First job:  Platoon leader, 2nd Armored Cavalry Regiment

Mail Rates to Be Harnessed As Part of Postal-Overhaul Bill By John D. McKinnon and Rick Brooks The Wall Street Journal Monday, December 11, 2006 The Postal Service generally will be barred from raising postage rates beyond the rate of inflation for the next decade under an overhaul passed by Congress.

AT&T Merger With BellSouth Could Remain Stalled at FCC By Amy Schatz The Wall Street Journal Saturday, December 8, 2006 WASHINGTON -- The Federal Communications Commission could remain deadlocked on the pending $84 billion merger of AT&T Inc. and BellSouth Corp., as a new Republican commissioner raised new questions about whether he intends to vote.

Ex Qwest exec gets off without probation By Jeff Smith Rocky Mountain News Friday, December 8, 2006 Former Qwest finance executive Grant Graham on Friday was given credit for the 2 1/2 years he already has served under court supervision and was released without further punishment by a federal judge.

Ex-Qwest exec Graham sentenced today By Jeff Smith Rocky Mountain News Friday, December 8, 2006 Former Qwest finance executive Grant Graham is scheduled to be sentenced today, more than two years after he pleaded guilty to one felony count in connection with an alleged revenue-inflation scheme.

No signal in exec's stock sales. Qwest CFO says top brass remain heavily invested in company By Jeff Smith Rocky Mountain News
Thursday, December 7, 2006
Recent stock sales by top executives at Qwest Communications shouldn't be construed as a lack of confidence in the company's future, the Denver telco's chief financial officer indicated Wednesday at an analysts conference.

Classified evidence OK'd in Nacchio trial By Jeff Smith Rocky Mountain News Thursday, December 7, 2006 Former Qwest CEO Joe Nacchio's attorneys say their client believed the Denver telco would be awarded hundreds of millions of dollars in government contracts in 2001 -- more than enough to offset the warnings he was receiving about the company's finances. 

How a Giant Insurer Decided To Oust Hugely Successful CEO By James Bandler and Charles Forelle The Wall Street Journal Thursday, December 7, 2006 Over the past 15 years, the board of UnitedHealth Group Inc. couldn't have been more supportive of its chairman and chief executive, William McGuire.

Anschutz's O2 in lead for casino license The Denver Business Journal Tuesday, December 5, 2005 Denver billionaire Phil Anschutz's $1.1 billion The 02 project in London apparently remains the front-runner to get a license for a super-casino from the British government, according to British press reports.

PBGC benefit increases By Jeannine Aversa, Associated Press  Rocky Mountain News Wednesday, December 6, 2006 WASHINGTON - The federal agency that insures private pension plans for millions of Americans announced Tuesday that the maximum annual benefit for plans taken over next year will be $49,500 for workers who wait until 65 to retire.

Another Qwest exec cashes out stock options Rocky Mountain News Tuesday, December 5, 2006 Paula Kruger, Qwest's executive vice president of mass markets, last week became the latest Qwest executive to exercise a chunk of her stock options, making $1.1 million in the process.

Qwest sells 23-story tower. Miller Global pays $108 million for the building, at 1005 17th St.  The phone company's headquarters and some operations will stay downtown. By Andy Vuong, Staff Writer Denver Post Tuesday, December 5, 2006 Qwest has sold its 23-story building at 1005 17th St. to Miller Global Properties for $108 million, the Denver-based phone company said Monday.

Health costs rise faster than pay. Percentage rise is 5 times that of workers' pay. Average annual premiums paid by Colorado workers and employers for family coverage hit $12,386. By Will Shanley, Staff Writer Denver Post Tuesday, December 5, 2006 Health care costs in Colorado have jumped 82.2 percent since 2000, more than five times the earnings increase for workers

Alcatel-Lucent Hits the Ground, Prepares to Cut Products and Jobs By Leila Abboud in Paris and Sara Silver in New York The Wall Street Journal Tuesday, December 5, 2006 Telecommunications-equipment maker Alcatel SA of Paris has put the finishing touches on its $11.6 billion acquisition of Lucent Technologies Inc.

Qwest renews pride in service. Company touts offerings in ads, holiday catalog By Jeff Smith Rocky Mountain News Saturday, December 2, 2006 Qwest Communications, which once made "Spirit of Service" an advertising focal point, has increasingly moved to traditional product marketing. 

Directors find elections tough to lose. 'Stalinesque' rules slammed by shareholder activists By David Milstead Rocky Mountain News Saturday, December 2, 2006 Pity the poor politicians last month who lost when the votes were counted. 

Firms must track employee e-mail By Christopher S. Rugaber, Associated Press Denver Post Saturday, December 2, 2006 U.S. companies will need to know more about where they store e-mails, instant messages and other electronic documents generated by their employees in the event they are sued, thanks to changes in federal rules that took effect today, legal experts say

FCC Chairman Tries To Push Forward AT&T-BellSouth Deal By Amy Schatz The Wall Street Journal Saturday, December 2, 2006 Federal Communications Commission chairman Kevin Martin set the wheels in motion late Friday to compel a Republican commissioner to vote on the pending merger of AT&T Inc. and BellSouth Corp., which has hit an impasse over potential merger conditions.

Lerach's Enron Lawsuit Against AllianceBernstein Is Dismissed By Peter Lattman The Wall Street Journal Saturday, December 2, 2006 The federal judge overseeing the Enron Corp. shareholders' class-action lawsuit has dismissed a $1 billion claim brought by plaintiffs' lawyer William Lerach against investment firm Alliance Capital Management LP, now known as AllianceBernstein LP.

Stock rises after upgrade By News staff and wire reports Rocky Mountain News Thursday, November 30, 2006 Goldman Sachs on Wednesday removed Qwest Communications from its "Americas Conviction Sell List," meaning ratings made with great conviction. 

Qwest CEO enthused over wholesale. Notebaert tells a telecom conference that wholesale business is "just as important as retail." By Andy Vuong, Staff Writer Denver Post Thursday, November 29, 2006 Qwest's wholesale business is usually overshadowed by the Denver-based phone company's retail business, which includes residential customers and big corporate clients.

Why Analysts Divide on Outlook For Australian Telecom Telstra By Lyndal McFarland The Wall Street Journal Thursday, November 29, 2006 SYDNEY, Australia -- After 17 months of cajoling investors and Australian lawmakers to take a bet on his turnaround strategy, Telstra Corp. Chief Executive Sol Trujillo has put some of his own money on the table.

Panel Seeks Cap on Liability Of Accounting Firms By David Reilly
The Wall Street Journal Thursday, November 30, 2006
Congress should consider curtailing the liability accounting firms face from auditing public companies either by capping their potential courtroom damages or by creating special protections for some auditing activities, according to a report due today from a committee weighing the competitiveness of U.S. capital markets.

Panel Urges Relaxing Rules For Oversight. Report Seeks Shift to 'Principles' To Ease a Financial Burden; Protection for Auditors, Directors By Greg Ip, Kara Scannell and Deborah Solomon The Wall Street Journal Thursday, November 30, 2006 A blue-ribbon committee on financial regulation has called for better protection of auditors, company employees and outside directors from authorities and lawsuits, as well as less-detailed rule-making and lower-key investigations.

Qwest investigator joins firm's local office By Jeff Smith Rocky Mountain News Tuesday, November 28, 2006 Former Colorado U.S. Attorney William Leone, who headed the government’s investigation of former Qwest executives, is joining Faegre & Benson as a partner in its Denver office.

Shareholder equity likely to diminish under new accounting By Drew DeSilver, Business Reporter Seattle Times Sunday, November 26, 2006 For decades, underfunded pensions, retiree health plans and other post-retirement employee benefits have been the hidden shame of American business — exiled to little-read footnotes far away from the balance sheets, where their dodgy accounting couldn't embarrass their corporate sponsors.

Supreme Court Case on Baby Bells May Affect Antitrust Enforcement By Jess Bravin The Wall Street Journal Tuesday, November 28, 2006 WASHINGTON -- In a case with implications for antitrust enforcement, the Supreme Court heard arguments on how specific a plaintiff's allegations must be to claim anticompetitive behavior.

Question the motives behind big stock buybacks By Rachel Beck, AP St Paul Pioneer Press Friday, November 24, 2006 When it comes to stock buybacks, corporate leaders have mastered the game of doublespeak.  At the same time they are touting the advantages of repurchasing shares on their investors' dimes, some are cashing out of their own stock holdings

The 'bucs' top here By Dahlia Jean Weinstein Rocky Mountain News Thursday, November 23, 2006 What: Museum After Dark: Unveiling a Colorado Gem

Holiday meal sweet at Rescue Mission By Gary Massaro Rocky Mountain News Thursday, November 23, 2006 It wasn't the turkey dinner or even the dessert Wednesday at Denver Rescue Mission that had Leonard Loftin Jr. breaking loose with a half-moon smile. It was the free phone call that was sweeter to him than the pumpkin pie.

Give Thanks, Then Get Started Selling Those Overvalued Stocks By James B. Stewart The Wall Street Journal Wednesday, November 22, 2006 Investors certainly have plenty to be thankful for this week when they sit down to their holiday feasts

Place Your Bets, Please:  Takeover Wheel Spins By Gregory Zuckman The Wall Street Journal Wednesday, November 22, 2006 Who's next? That's the question on the lips of investors, traders and investment bankers on the heels of a deluge of mergers and acquisitions

Lawyer files objection to Qwest settlement Rocky Mountain News Tuesday, November 21, 2006 A Denver attorney on Friday objected to a proposed $37.5 million class-action settlement connected to Qwest's management of its employee-investment plan during the Joe Nacchio era

Anschutz signs contract sell Qwest stake, donate shares By Associated Press Rocky Mountain News Monday, November 20, 2006 Philip Anschutz, Qwest Communications' founder and largest shareholder, has entered into a contract to sell an additional 25 million shares and also agreed to donate another 53 million shares to the Anschutz Family Foundation, the company said Monday

AT&T Unlikely to Budge With FCC on Merger Deal DOW JONES NEWSWIRES The Wall Street Journal Tuesday, November 21, 2006 HANOI AT&T Inc. expects to get approval of its $80 billion takeover of BellSouth Corp. from the Federal Communications Commission by the end of the year without having to make further concessions

Employers seek options as healthcare costs climb By Daniel Yi, Staff Writer Los Angeles Times Sunday, November 20, 2006 Employers are running into limits on how much more they can shift rising health benefit costs to workers, prompting them to use other methods to cut costs, businesses and healthcare experts say

Telstra Sale Draws Robust Demand. Australian Telecom Shares Exceed Government's Goal, Bringing in $11.92 Billion By Lyndal McFarland The Wall Street Journal Sunday, November 20, 2006 SYDNEY The Australian government said it raised A$15.5 billion (US$11.92 billion) from the sale of part of its stake in Telstra Corp., almost doubling its initial target and exceeding its expectations

Pension Agency's Deficit Shrinks Associated Press The Wall Street Journal Thursday, November 16, 2006 WASHINGTON -- The federal agency that insures private pension plans for millions of Americans logged a deficit of $18.1 billion this year, a big improvement from last year thanks to a new pension law

Judge rebuffs Nacchio in request for records Denver Post Wednesday, November 15, 2006 DENVER - Former Qwest chief executive Joe Nacchio on Monday lost his latest bid to force the government to turn over grand jury records to support his allegation of prosecutorial misconduct or for his records in case of appeal

Attorney fees limited in securities suit. Judge sets amount at 12%; ruling benefits Colorado PERA By David Milstead Rocky Mountain News Wednesday, November 15, 2006 Colorado PERA will get more and its attorneys less as a judge moved to limit fees in one of the largest securities lawsuits ever

Another Qwest exec cashes out options Business briefs Rocky Mountain News Wednesday, November 15, 2006 Barry Allen, Qwest's executive vice president of operations, has exercised 1.2 million options and sold the stock for a pretax profit of $6 million, according to a federal regulatory filing Tuesday

Qwest loses appeal AP The Wall Street Journal Monday, November 13, 2006 Also Monday, Qwest Communications International Inc. lost an appeal on whether it must turn over privileged documents in class-action suits related to accounting fraud allegations against the company

Qwest plays it close to the vest. While its competitors bet on acquisitions and risky new projects, Qwest is playing it safe, or is it? By Andy Vuong, Staff Writer Denver Post Sunday, November 12. 2006 Qwest's peers and competitors are betting billions of dollars on acquisitions and lofty initiatives in the high-stakes battle to win phone, Internet and video customers

Telstra Offer Will Grow on Demand From Retail Buyers By Lyndal McFarland The Wall Street Journal Monday, November 13, 2006 SYDNEY -- The Australian government confirmed yesterday it will increase the size of its Telstra Corp. share offer after strong demand from retail investors

Qwest Execs Cash in Stock Options The Associated Press Washington Post Friday, November 10, 2006 DENVER -- Three Qwest Communications International Inc. executives made more than $43 million by cashing in stock options, according to regulatory filings this week

Qwest retirees come out fighting. Group plans rallies, letters, possible suit over benefit caps By Jeff Smith Rocky Mountain News Saturday, November 11, 2006 A Qwest retirees group plans to fight benefit cuts by staging rallies, writing letters to company directors, talking to lawmakers and possibly filing a lawsuit. The Association of U S West Retirees' board came up with its plan during an all-day meeting Thursday near Denver

SEC, Accounting Board Officials To Weigh Sarbanes-Oxley Update By Carrie Johnson, Staff Writer Washington Post Saturday, November 11, 2006 Leaders of the Securities and Exchange Commission and the panel that oversees the accounting industry will meet Sunday in an effort to resolve differences over how to overhaul a controversial corporate accountability measure that business groups have targeted as overly expensive

Qwest gives its Retirees Motive to die Al Lewis Denver Post Staff Columnist Saturday November 11, 2006 If you are a US West/Qwest retiree and wish to collect full life-insurance benefits, you must die within seven weeks. Video interview with Al Lewis

Notebaert to give stock profits to charity. Qwest CEO nets options income of $18.4 million By Jeff Smith Rocky Mountain News Friday, November 10, 2006 Qwest Chief Executive Dick Notebaert netted $18.4 million from exercising stock options this week -- and he plans to give all his after-tax profits to charities

Exec's profits rub Qwest retirees raw By Jeff Smith Rocky Mountain News Thursday, November 9, 2006 Qwest's chief legal officer netted pretax profits of $6.4 million this week exercising stock options, upsetting retirees whose benefits are being slashed

Retiree Health Costs to Hit Government Employers By Jilian Mincer The Wall Street Journal Thursday, November 9, 2006 NEW YORK -- Like the toothache you can't ignore, public employers will soon have to face the pain of funding retiree medical benefits

UnitedHealth Executives Forfeit $390 Million in Options By Steve Stecklow and Vanessa Furhmans The Wall Street Journal November 9, 2006 The two top executives of UnitedHealth Group Inc. agreed to forfeit about $390 million in stock-option compensation, by far the biggest sum returned to a company under scrutiny for backdating options awards

Pioneer Press proposes freeze in pension fund. The St. Paul newspaper would freeze the plan for 450 Newspaper Guild members. By Gregory A. Petterson Minneapolis Star Tribune Wednesday, November 8, 2006 The St. Paul Pioneer Press is proposing to freeze pension benefits for its workers in the Minnesota Newspaper Guild Typographical Union to help make up a projected $22 million pension-fund shortfall

Qwest's credit gains higher investor rating. About $7.8 billion of the company's debt is raised to investment grade for the By Andy Vuong, Staff Writer Denver Post Tuesday, November 7, 2006 Fitch Ratings announced Monday it has upgraded Qwest's credit to two notches below investment grade

Challenges loom for Qwest. Analysts weigh telco's solid profits vs. ongoing loss of phone lines By Jeff Smith Rocky Mountain News November 4, 2006 Qwest Communications has earned a profit in three consecutive quarters, generating hundreds of millions of dollars of cash in the process

Ford cutting back health benefits for white-collar workers. Many retirees' benefits will be eliminated; those for active employees will be reduced. About 135 workers in St. Paul are affected. By Dee DePass Minneapolis Star Tribune Friday, November 3, 2006 White-collar workers at Ford Motor Co. got an unwelcome surprise this week when management announced that health care benefits for many white-collar retirees will be eliminated, while those for active salaried employees will be reduced

Shriners Hospital sues Qwest again By Andy Vuong, Staff Writer Denver Post Friday, November 3, 2006 Shriners Hospital for Children on Thursday filed a shareholder lawsuit against Arthur Andersen, Qwest and several former Qwest officials, seeking $20 million in damages

Qwest retirees lodge protests By Virgil Larson, Staff Writer Omaha World Herald Thursday, November 2, 2006 Phone company retirees picketed Qwest Communications offices in Omaha today to protest a freeze on pensions, a shift of health insurance premium increases to them and a cut in life-insurance benefits.

Notebaert says firm continuing along trajectory its executives promised By Jeff Smith Rocky Mountain News Wednesday, November 1, 2006 Dick Notebaert, Qwest's chief executive officer, talked with the Rocky Mountain News on Tuesday after the Denver telco announced its third consecutive quarterly profit

Telco sued over failed European joint venture By Jeff Smith Rocky Mountain News Thursday, November 2, 2006 A $278 million lawsuit was filed against Qwest Communications and some of its former executives in connection with the Denver telco's handling of its failed European joint venture KPNQwest.

Qwest profit fails to impress investors. Some say that despite its third straight quarter in the black, the telco shows no signs of building revenue against rivals. By Andy Vuong, Staff Writer Denver Post Wednesday, November 1, 2006 Qwest reported its third straight quarterly profit Tuesday as cost cuts and growth in high-speed Internet subscribers helped offset a larger-than-expected decline in land-line customers

Qwest among three firms given $3 billion defense info contract  By Associated Press Rocky Mountain News Wednesday, November 1, 2006 WASHINGTON - The U.S. Defense Information Systems Agency said Tuesday it awarded a contract worth up to $3 billion to Qwest Communications, AT&T and a third company to upgrade the agency's communications network

Qwest Rebounds to Post Profit On Aggressive Cost Reductions By Roger Cheng The Wall Street Journal Wednesday, November 1, 2006 Qwest Communications International Inc. rebounded to a third-quarter profit as aggressive cost-cutting plans continued to pay off.

Qwest financial status mixed. Third-quarter profit clouded by dispute with retirees, loss of landline customers By Leslie Brooks Suzukamo St Paul Pioneer Press Wednesday, November 1, 2006 Qwest Communications International swung to a profit for the third-straight quarter this year, but angry company retirees in Minnesota and elsewhere say the company is pleading poverty to saddle them with higher health care costs

Qwest reports 3rd straight profit By Andy Vuong, Staff Writer Denver Post Tuesday, October 31, 2006 Qwest said today that it posted a third quarter profit of $194 million, or 10 cents per share, compared with a loss of $144 million, or 8 cents per share, in the third quarter of 2005

Law firm offers to pay costs to retirees' lawyer Business Briefs Rocky Mountain News Tuesday, October 31, 2006 The California law firm Lerach Coughlin on Monday offered to pay Denver attorney Curtis Kennedy $64,570 for his time and other costs he incurred in persuading a federal judge to cut Lerach's fee in the Qwest shareholder class-action settlement from $96 million to $60 million

Anschutz to gain more Regal rule By David Milstead Rocky Mountain News Friday, October 27, 2006 A stock sale by one of Regal Entertainment Group's early investors will tighten Phil Anschutz's hold on the company.  Once Oaktree Capital Management sells roughly 7.7 million shares of Regal stock, Anschutz's voting control of Regal will top 90 percent.

Suit weighed over Qwest's retiree cuts. Despite the telecom's caps on health care and life insurance, Qwest is one of the few that provide them.
By Andy Vuong, Staff Writer Denver Post Thursday, October 26, 2006
Qwest's decision to cap health-care and life-insurance for retirees has drawn the fire of attorney Curtis Kennedy, who has won many court battles on behalf of former phone-company employees.

Health, life benefits targeted by Qwest. Retirees' lawyer calls caps 'despicable'; legal action possible By Rachel Brand Rocky Mountain News Thursday, October 26, 2006 Qwest will cap health and life-insurance benefits for thousands of former workers next year. 

Qwest retirees denounce benefit reductions. Some stand to lose most of the value of their life insurance. By Steve Alexander Minneapolis Star Tribune Thursday, October 25, 2006 Some Minnesota Qwest retirees said Wednesday they felt betrayed by the company's announcement this week that it will cut retirement benefits, which they said could be devastating for some former colleagues.

FCC action on AT&T deal hits roadblock By Jim Puzzanghera, Staff Writer Los Angeles Times Monday, October 24, 2006  WASHINGTON Robert McDowell's confirmation in May as the fifth member of the Federal Communications Commission was supposed to end a 2-2 partisan deadlock that had stymied the agency on several issues for more than a year

AT&T Posts 74% Increase in Profit. Acquisitions Help Expand Margins in Land-Line And Wireless Businesses By Amol Sharma Tuesday, October 24, 2006 AT&T Inc.'s third-quarter results showed Wall Street that a string of acquisitions under Chief Executive Edward E. Whitacre Jr. is starting to pay off.

The Boss Taketh Away And the Boss Giveth. As Health Benefits Shrink, Companies Add Other Perks; Buying Extra Vacation Days By M.P. McQueen The Wall Street Journal Tuesday, October 24, 2006 Employers might appear stingy as a result of cuts to pensions and health-care, but recently, companies have been trying to lessen the pain by introducing other kinds of workplace benefits.

Nacchio judge rules in secret By Sandy Shore, The Associated Press Denver Post Thursday, October 26, 2006 A federal judge has issued a secret ruling about the relevance of classified government documents that former Qwest Chief Executive Officer Joe Nacchio wants to use in his defense against insider trading charges.

Qwest cuts retiree benefits.Life insurance, health care hit. The director of a group of retirees calls the changes "heartless" and says the issue may end up in court. By Andy Vuong, Staff Writer Denver Post Wednesday, October 25, 2006 Despite posting two straight quarterly profits and initiating a stock buyback of up to $2 billion, Qwest plans to cut health-care and life-insurance benefits for thousands of retirees.

Pension Law Shrinks Lump-Sum Payouts. Changes in Defined-Benefit Plans Affect Many Highly-Paid Workers; Making Do With $200,000 Less
By Theo Francis The Wall Street Journal  Wednesday, October 25, 2006

When Larry Korwatch began planning his retirement last winter after three decades as a ship's engineer, his pension-plan administrator told him he could expect to walk away with a lump-sum payment of about $1.3 million.

Municipal Wi-Fi networks are moving forward. But not without a few bumps along the way. By Shawn Young The Wall Street Journal Monday, October 23, 2006 The effort to blanket cities and towns across the U.S. with wireless Internet access is starting to move from the drawing board to real life. But not without plenty of kinks along the way.

Denver Inc.: 'Bizarre,' Anschutz rep says of report By Jane Hoback & Gil Rudawsky  Rocky Mountain News Monday, October 23, 2006 The flak over the connection between Denver billionaire Phil Anschutz and British Deputy Prime Minister John Prescott just won't go away

Up in Arms About UnitedHealth. Readers Protest Conflicts of Interest, Treatment of Shareholders, Clients By Alan Murray The Wall Street Journal Saturday, October 21, 2006 Reaction to last week's Business column, which dealt with UnitedHealth Chief Executive William McGuire -- who has agreed to step down by Dec. 1 -- shows the options backdating scandal continues to feed anger over the high pay of U.S. CEOs

How Did UnitedHealth's McGuire Get Same Options Twice? By Charles Forelle and James Bandler The Wall Street Journal Friday, October 20, 2006 Investors and the public heaped scorn on William McGuire this week for his role in apparent stock-options backdating at UnitedHealth Group Inc.

The good fight. Lawyer in U S West case puts principle over profit  By Jeff Smith, Rocky Mountain News October 21, 2006 As a boy in a Dallas orphanage, Curtis Kennedy fought a bully who was picking on an overweight kid. They fought to a draw, and Kennedy and the bully later became friends.

Anschutz gifts bring federal complaint. A London businessman cites U.S. bans on bribes in his protest of hospitality given a British official. By The Associated Press Denver Post Friday, October 20, 2006 London - A businessman has complained to the U.S. Department of Justice about gifts a Colorado billionaire gave to British Deputy Prime Minister John Prescott, a news report said Thursday.

Nacchio's attorneys seek to review notes Denver Post Thursday, October 19, 2006 DENVER - Attorneys for former Qwest chief Joseph Nacchio have asked a federal judge for permission to review notes taken by government attorneys during interviews of 13 potential witnesses, including former Qwest CFO Robin Szeliga, in Nacchio's criminal insider-trading case.

Judge tosses suit against Qwest. The failure of a joint venture with a Dutch telecom spurred the fraud suit, which now has to be filed in the Netherlands.By Andrew Harris, Bloomberg News Denver Post Thursday, October 19, 2006 Trenton, N.J. -  Qwest, the fourth-largest U.S. local-phone company, has won dismissal of a securities-fraud lawsuit filed after a joint venture between Qwest and a Dutch telecommunications firm went bankrupt.

10/23/06:   Information on Health & Life Insurance Cutbacks.  "Far too many American families are counting on this much needed life insurance.  Everyone is too old to get affordable replacement coverage, if any can be obtained at all.  The decision to bust coverage down to a mere $10,000 is most despicable.  The very person dictating that thousands of families should get ready for poverty is being paid $ millions and constantly getting more and more every year, unashamed.  This despicable act to take away promised family protection benefits is part of an insidious American Corporate Disease now taking over Qwest.", Curtis L. Kennedy Attorney for the AUSWR.  Click to Read more...

Verizon Ties CEO Pay to Project Success Instead of Company Stock Performance By Sara Silver The Wall Street Journal Wednesday, October 18, 2006 Verizon Communications Inc. used to give its chief executive officer long-term rewards based on the performance of the company's stock.

UnitedHealth CEO to Retire Amid Stock-Options Probe A WALL STREET JOURNAL ONLINE NEWS ROUNDUP Sunday, October 15, 2006 UnitedHealth Group Chief Executive William McGuire plans to retire amid questions about the company's past stock-options grants, according to a person familiar with the matter.

McGuire Faces Pressure to Leave At UnitedHealth. Investigation Finds Evidence Options Were Backdated;  Board Plans to Meet Sunday By James Bandler and Charles Forelle Saturday, October 14, 2006 William McGuire, chairman and chief executive of UnitedHealth Group Inc., faces mounting boardroom pressure to leave the giant health insurer after an internal probe found evidence that stock options were improperly backdated to benefit insiders, people familiar with the matter said.

Qwest Buyback Disappoints Investors By Peter Svensson, AP money.aol.com Saturday, October 14, 2006 NEW YORK (AP) - It's not easy being Qwest.

FCC Delays Vote On AT&T's Deal To Buy BellSouth By Amy Schatz The Wall Street Journal Saturday, October 14, 2006 WASHINGTON -- Bickering at the Federal Communications Commission delayed an expected vote on AT&T Inc.'s acquisition of BellSouth Corp. until at least next month.

SEC Defers Divisive Shareholder Ruling From Reuters Los Angeles Times Friday, October 13, 2006 The Securities and Exchange Commission clouded the 2007 corporate proxy season with uncertainty by delaying action on a rule for handling shareholder proposals, investor activists said Thursday.

Ex-US West chief forges ahead in Australia. Solomon Trujillo's brash style as head of phone company Telstra has antagonized many.  But his success is earning respect. By Wayne Arnold, The New York Times Denver Post Friday, October 13, 2006 Sydney, Australia - Solomon Trujillo, who has drawn criticism over his running of Australia's dominant phone company, Telstra, might have expected vindication last week when he started the company's new high-speed cellular network three months ahead of schedule

Fiorina autobiography calls Nacchio "arrogant and slick" By Andy Vuong, Staff Writer Denver Post Friday, October 13, 2006 Former Hewlett-Packard chief executive Carly Fiorina takes a few shots at former Qwest CEO Joe Nacchio in her new autobiography, calling him "arrogant and slick."

Lawyer asks for $40,500 in legal fees. Kennedy got judge to cut others' $96 million bill By Jeff Smith Rocky Mountain News Thursday, October 12, 2006 The California law firm Lerach Coughlin sought $96 million in legal fees when it engineered a $400 million shareholder class-action settlement with Qwest Communications over alleged securities fraud.

Nacchio hearing held in secret By Andy Vuong, Staff Writer Denver Post Thursday, October 12, 2006 A federal judge held another closed hearing today in former Qwest chief executive Joe Nacchio's criminal insider trading case to discuss the handling and relevance of classified information that may be presented during trial.

Judge considers classified documents in Nacchio case By The Associated Press Rocky Mountain News Thursday, October 12, 2006 A federal judge closed a hearing Thursday in the insider trading case against former Qwest Chief Joe Nacchio so attorneys could debate the relevancy of classified documents detailing Qwest's business dealings with the government.

Telstra Roadshow Abroad Receives A Tepid Reception By Barbara Adam The Wall Street Journal Thursday, October 12, 2006 CANBERRA, Australia -- The first stage of the international roadshow for the Australian government's 8 billion Australian dollar (US$6 billion) offer of Telstra Corp. shares hasn't wowed investors, Finance Minister Nicholas Minchin said yesterday.

Qwest chunk on the block. Founder Anschutz to get $562 million in "forward sales" By Greg Griffin, Staff Writer Denver Post Thursday, October 12, 2006 Qwest founder Philip Anschutz has sold more than a quarter of his holdings in the Denver-based phone company this week in a complex transaction to be completed in 2010.

Telstra Roadshow Abroad Receives A Tepid Reception By Barbara Adam The Wall Street Journal Thursday, October 12, 2006 CANBERRA, Australia -- The first stage of the international roadshow for the Australian government's 8 billion Australian dollar (US$6 billion) offer of  Telstra Corp. shares hasn't wowed investors, Finance Minister Nicholas Minchin said yesterday.

Behind Soaring Executive Pay, Decades of Failed Restraints. Instead of Damping Rewards, Disclosure, Taxes, Options Helped Push Them Higher Return of Golden Parachutes By Joann S. Lublin and Scott Thurm The Wall Street Journal Thursday, October 12, 2006 In 1993, activist investor Ralph Whitworth shuttered United Shareholders Association, a group that was trying to tackle the contentious issue of executive pay.  It looked as if his work was done.

Justice Department Criticized For Approving Big AT&T Deal By Amy Schatz and Siobhan Hughes The Wall Street Journal Thursday, October 12, 2006 WASHINGTON -- The Justice Department's unconditional approval of AT&T Inc.'s $67 billion buyout of BellSouth Corp. drew criticism from consumer advocates and lawmakers, raising the possibility that the deal could face delays at the Federal Communications Commission.

Anschutz close to selling soccer team, paper says By Joyzelle Davis Rocky Mountain News Wednesday, October 11, 2006 Anschutz Entertainment Group is reportedly again close to selling the rights to Major League Soccer team D.C. United, a move that would pare Anschutz's soccer holdings to three teams. 

Anschutz dialing out of Qwest? By J. Kyle Foster, Bloomberg Denver Post Wednesday, October 11, 2006 A block trade of Qwest Communications International Inc. shares last night prompted speculation that billionaire founder Philip Anschutz sold part of his stake

Stockholder sells 66 million shares of Qwest By Jeff Smith Rocky Mountain News Wednesday, October 11, 2006 A Qwest stockholder, probably founder Philip Anschutz, sold 66 million shares of the stock worth $540 million, an analyst reported today

AT&T's Purchase of BellSouth Gets Justice Department Approval Associated Press The Wall Street Journal Wednesday, October 11, 2006 The Department of Justice on Wednesday approved AT&T Inc.'s $67 billion purchase of BellSouth Corp

Australia Aims Telstra Sale at Small Investors. Bonus-Shares Program, Ad Campaign Inaugurate Frequently Delayed Offering By Lyndal McFarland The Wall Street Journal Tuesday, October 10, 2006 SYDNEY, Australia -- After months of delays and bickering, the Australian government launched its prospectus to sell $8 billion Australian dollars (US$5.94 billion) of Telstra Corp. shares, with a marketing campaign aimed at local small investors

Corporate Governance:  New Respect for an Old Ritual. Maybe the annual meeting isn't so pointless, after all By Karen Blumenthal The Wall Street Journal Monday, October 9, 2006 The lowly annual meeting got a big boost this year from the Home Depot Inc. board of directors

Corporate Governance:  Getting the Message. Shareholders have long passed resolutions.  Companies have long ignored them. Until now. By Jennifer Levitz The Wall Street Journal Monday, October 9, 2006 John Chevedden had a nickname for Sempra Energy:  serial ignorer

Corporate Governance: What's New. Dispatches from the staff of the Dow JonesCorporate Governance newsletter The Wall Street Journal Monday, October 9, 2006 More Work, More Pay Director pay reached a new high in 2005

Bigger Than They Look. How can investors with small stakes have such a large impact in proxy fights? By STEVEN GRAY The Wall Street Journal Monday, October 9, 2006 In August, after H.J. Heinz Co.'s annual meeting, billionaire investor Nelson Peltz breezed through the Pittsburgh Hilton declaring victory

Move Over, CEO: Here Come the Directors. Board members are becoming more plugged in to the companies they serve. It makes for better oversight -- and potentially strained relations with management. By Kaja Whitehouse The Wall Street Journal Monday, October 9, 2006 The boardroom walls are coming down.

Corporate Governance:  Private Time. As more boards meet without management present, it makes for franker talk -- and anxious CEOs By George Anders Thw Wall Street Journal Monday, October 9, 2006 When a chief executive officer leaves a board meeting, is it time for everyone else to go home?  Or is the real corporate drama about to begin?

Business Briefs Rocky Mountain News Saturday, October 7, 2006 Qwest has reorganized its corporate communications department, and it now reports to Laura Sankey, vice president for corporate marketing and advertising

Telstra Launches 3rd-Generation Network. By SYD101-1005061127© 2006 The Associated Press Houston Chronicle Friday, October 6, 2006 SYDNEY, Australia — Australian telecommunications giant Telstra Corp. on Friday launched a third-generation network it says will reach 98 percent of the country and cover the largest geographical area of any such network in the world

Delta, retirees reach benefit deal. By Harry R. Weber, Associated Press Philadelphia Inquirer Friday, October 6, 2006 ATLANTA - Delta Air Lines Inc., which is operating under bankruptcy protection, reached an agreement Thursday with thousands of retirees on changes to medical benefits that will save the nation's No. 3 carrier about $50 million annually

Qwest earned too much, Montana complaint says Business Briefs
Rocky Mountain News Friday, October 6, 2006 Qwest Communications has earned millions more than Montana regulators authorized, charges a complaint filed by a legislator running for Montana's utility board and by two dozen other telephone customers

Court: Unisys misled retirees. The judge wants the Blue Bell firm to be ordered to pay medical coverage for 12 plaintiffs in the 1992 case. By Akweli Parker, Staff Writer Philadelphia Inquirer Wednesday, October 4, 2006 A handful of former Unisys workers stands to save hundreds of dollars on monthly medical premiums because of a federal ruling against the Blue Bell company

Qwest plans $2 billion buyback. Teleco's 'milestone' benefits shareholders by pushing stock up By Jeff Smith Rocky Mountain News Thursday, October 5, 2006 Qwest Communications, armed with cash four years after skirting bankruptcy, said Wednesday it will buy back as much as $2 billion of stock during the next two years

Qwest declares buyback of stock. The intent to reacquire about 12 percent of its stock is called "an enormous vote of confidence".  By Andy Vuong, Staff Writer Denver Post Thursday, October 5, 2006 Qwest announced plans Wednesday to buy back up to $2 billion worth of its common stock, a move that could boost investor confidence in the Denver-based phone company

2 Senators Want Pension Agency to Get a Checkup By THE ASSOCIATED PRESS New York Times Wednesday, October 4, 2006 WASHINGTON, Oct. 3 (AP) — Two senators asked Tuesday that Congress find out whether the federal agency that insures private pension plans for millions of Americans has enough money and the right approach to do its job

Qwest Accused of Deals-For-Access Scheme By Kevin O'Hanlon, AP money.aol.com Tuesday, October 3, 2006 LINCOLN, Neb. (AP) - Qwest Communications is being accused of making secret deals that prevented some phone companies from having fair access to lease its phone lines in Nebraska

Qwest accused of secret deals in Nebraska Business briefs Rocky Mountain News Tuesday, October 3, 2006  Qwest Communications is being accused of making secret deals that prevented some phone companies from having fair access to lease its phone lines in Nebraska

Wily MBA students lead cheating pack By Al Lewis, Staff Columnist Denver Post Tuesday, October 3, 2006 Cheating in business starts with cheating on tests, and nobody cheats more than people working on their MBAs

Private-Sector Anger Builds as Public Pension Costs Rise Lawmakers feel the heat from taxpayers who see their own benefits wither, and traditional payouts give way to 401(k)-style plans. By Molly Hennessy-Fiske, Staff Writer Los Angeles Times Monday, October 2, 2006 HADDONFIELD, N.J.—For insurance agent Steve Adams, 51, the resentment began two years ago

Drama in the Boardroom. Deferential No More, Directors Are Speaking Out More Often;  When Is Dissent Dysfunctional? By Joann S. Lublin and Erin White The Wall Street Journal Monday, October 2, 2006 Corporate directors, pressed to become more vocal following the scandals of the Enron era, are throwing their weight around more, rubber-stamping management less -- and roiling many once-clubby boardrooms

Putting Pensions on Balance Sheets. Plans' Deficits, Surpluses Are Taken Out of Footnotes In First of Coming Changes By David Reilly The Wall Street Journal Friday, September 29, 2006 Forget the fine print.  Accounting standard setters plan today to issue a final rule requiring companies to include on their balance sheets the overall deficit or surplus for their retirement plans, lifting the figure from often overlooked and complex footnotes

Szeliga, Nacchio civil cases a go. A judge refuses to dismiss a suit against the ex-CFO of Qwest. Depositions are ordered for the ex-CEO By Sandy Shore, The Associated Press Denver PostFriday, September 29, 2006 A judge has refused to dismiss a civil fraud case against former Qwest finance chief Robin Szeliga, ruling that the complaint lacked clarity but provided sufficient details to allow her to respond properly

Lawmakers Seek Delay in AT&T-BellSouth Merger By Siobhan Hughes The Wall Street Journal Friday, September 29, 2006 WASHINGTON A growing chorus of caution from lawmakers -- particularly Republicans -- could make it more difficult for the Federal Communications Commission and the Justice Department to finish their reviews of AT&T Inc.'s $67 billion purchase of  BellSouth Corp. by mid-October as planned

U.K. official won't face police corruption inquiry By Joyzelle Davis
Rocky Mountain News  Thursday, September 28, 2006 U.K. Deputy Prime Minister John Prescott, who came under fire this summer for his ties to Phil Anschutz, won't face a police corruption investigation into his stay at the Qwest founder's eastern Colorado ranch

Telstra CEO's Pay Draws Fire. Rift With Government Grows, Could Damp Interest in Stock Sale By Barbara Adam and Lyndal McFarland Thursday, September 28, 2006 CANBERRA, Australia The rift between Telstra Corp. and the government, which owns a majority stake in the company, deepened yesterday over the bonus paid to Telstra's chief executive just weeks ahead of a planned 8 billion Australian dollars (US$6 billion) share issue

Qwest Beats the Odds, So Far By Ken Belson New York Times Wednesday, September 27, 2006 DENVER Richard C. Notebaert, the chief executive of Qwest Communications, is not one for conventional wisdom.  Just a year ago, many on Wall Street thought Qwest, the nation’s fourth-largest phone company, was so weak that it was bound to be broken up or sold

Premiums pinch bosses, employees By Will Shanley, Staff Writer Denver Post Wednesday, September 27, 2006 In the past six years, health-insurance premiums have jumped 87 percent, more than four times the increases in wages and consumer prices during that time, according to a nationwide survey released Tuesday

Health-Care Premiums Rise 7.7%, Outpacing Wages and Inflation By Vanessa Fuhrmans The Wall Street Journal Tuesday, September 26, 2006 The health-care premiums of employers and their workers have climbed twice as fast as wages and inflation in 2006 -- to nearly double their cost in 2000 -- and look to rise at a similar clip next year, two nationwide surveys show

Employers Chip Away at Retiree Health Benefits By Jonathan Peterson, Staff Writer Los Angeles Times Tuesday, September 26, 2006 Geraldine Picha knew that her pension would be modest, given her tenure of just 15 years at the phone company

Telstra Comes Out Against Government's Board Nominee By Barbara Adam The Wall Street Journal Tuesday, September 26, 2006 CANBERRA, Australia --  Telstra Corp. rejected the government's candidate for a board seat, further straining relations ahead of an 8 billion Australian dollar, or about US$6 billion, share sale later this year

The tortoise and the payer. Racing to net new customers, Comcast and Qwest try to poke fun at each other without tripping up By Andy Vuong, Staff Writer Denver Post Monday, September 25, 2006 It might not be Coke vs. Pepsi, but the advertising battle between Qwest and Comcast is beginning to sizzle

Names may change, but telco battles still rage on By Rob Reuteman, Business Editor Rocky Mountain News Sunday, September 24, 2006 It seems so very long ago, that March day in 2001 in Aspen's Hotel Jerome.  Gov. Bill Owens was conducting a winter retreat for his Science and Technology Commission, which sported a roster of anyone who was anyone in Colorado's tech sector

Q & A:  Teresa Taylor. A conversation with Teresa Taylor, executive vice president and chief human resources officer at Denver-based Qwest By Andy Vuong, Staff Writer Denver Post Sunday, September 24, 2006 Q:  What are some of the challenges that you have faced from a human resources standpoint during Qwest's recovery, in which the company has both cut its workforce and hired new employees?

Qwest's Notebaert focuses on fast web service, package deals By News wire reports Wednesday, September 20, 2006 Qwest’s digital subscriber line, or DSL, service is available to 81 percent of customers in its 14-state market, Notebaert said today in an interview in New York, where he was attending a Goldman Sachs Group Inc. conference

Qwest closer to dividend decision. Notebaert, Shaffer defend telco's pace By Jeff Smith, Rocky Mountain News Thursday, September 21, 2006 Qwest's top executives this week hit the road to tout the company's financial progress, but they shed little light on whether the Denver telco will soon re-institute a dividend

Officials seek to keep freeze in Qwest civil case By Jeff Smith, Rocky Mountain News September 12, 2006 Federal prosecutors want to continue to freeze the government's civil-fraud case against six former Qwest executives until the criminal trial of former CEO Joe Nacchio is completed

Court Decision Prompts S.E.C. to Revisit a Rule on Shareholder Proposals By Floyd Norris; The New York Times ~ Sep 08, 2006 A federal appeals court has at least temporarily cleared the way for shareholders to force companies to hold contested elections for directors, with rival candidates appearing on the ballots distributed by companies

Qwest wireless service ranked By Andy Vuong Denver Post Staff Writer September 8, 2006 Denver-based Qwest ranks No. 2 in cell phone call quality in the west region, according to new study by J.D. Power and Associates

Ex-Nacchio crony heads to college By Al Lewis Denver Post Staff Columnist Friday, September 8, 2006 Westwood College would be a great business school if the new chief executive of its parent company could teach what he knows

Minneapolis OK's citywide Wi-Fi network. Qwest disappointed with decision, touts its own Net product By Jeff Smith, Rocky Mountain News Wednesday, September 6, 2006 The city of Minneapolis has become the second large market in Qwest's territory to decide to build a high-speed municipal wireless network.

States give Qwest "flexibility" By Andy Vuong, Staff Writer Denver Post Monday, September 4, 2006 Ten of the 14 states in Qwest's service territory, including Colorado, have reduced regulatory oversight of the company's phone business, giving the carrier more leeway to change prices and package services.

Deposition requested in Qwest civil case By Andy Vuong Denver Post Staff Writer Tuesday, September 5, 2006 A civil fraud case against former Qwest chief executive Joseph Nacchio and five other former Qwest officials might advance even before Nacchio's criminal insider-trading case is completed.

Adviser Slams Alcatel-Lucent Deal. Firm Says Holders Of French Company Should Reject Merger By Leila Abboud The Wall Street Journal Wednesday, August 30, 2006 French investor-advisory firm Proxinvest is urging shareholders of French telecommunications-equipment maker Alcatel SA to reject a proposed merger with U.S. rival Lucent Technologies Inc., raising a potential roadblock as shareholders on both sides of the Atlantic prepare to vote on the deal next month

 

Telstra to Appeal Australian Regulator's Fixed-Line Fee Decision. Going on the Attack Again Contradicts Pledge to Ease Criticisms Ahead of Sale By Lyndal McFarland The Wall Street Journal Tuesday, August 29, 2006 SYDNEY, Australia -- Telstra Corp. has attacked a recent decision by Australia's competition regulator, saying it "defied logic," just three days after assuring the government that it would tone down its criticism ahead of a share sale of eight billion Australian dollars (US$6.06 billion)

 

Pensions Likely to Stay Dying Breed. Law Fails to Offset Reasons For Employers to Freeze, End Defined-Benefit Programs By Steven D. Jones The Wall Street Journal Tuesday, August 29, 2006 President Bush recently signed into law a comprehensive bill aimed at rehabilitating the traditional pension plans still operated by many American companies

 

Public hearings to begin on 'Super Casino,' with Anschutz one bidder The Denver Business Journal Friday, August 24, 2006 Public hearings start next week at the eight short-listed locations in England competing for a Las Vegas-style "super casino" license -- including the Millennium Dome being redeveloped by Anschutz Entertainment Group Inc. (AEG)

 

Australia to Lure Telstra Investors With Entitlement Offers By Lyndal McFarland The Wall Street Journal Sunday, August 27, 2006. SYDNEY -- The Australian government Sunday said it will use entitlement offers to lure retail investors back into the struggling Telstra Corp. as part of its plan to sell eight billion Australian dollars (US$6 billion) worth of stock

 

Plaintiffs' Lawsuits Against Companies Sharply Decline. Court Rulings, Legislators Curb Asbestos, Silicosis Claims; Indicted Firm Cuts Filings;  Questioning 'Jackpot Justice' By Paul Davies The Wall Street Journal Saturday, August 26, 2006 Companies involved in many of the largest and most controversial legal clashes of recent decades are seeing a sharp decline in the number of lawsuits filed against them

 

Denver Inc.: Tops on Notebaert's 'honey-do' list: Leave the e-mail at the office By Jane Hoback & Gil Rudawsky Rocky Mountain News Saturday, August 26, 2006 Qwest Chief Executive Dick Notebaert has always prided himself on being a truly bundled CEO -- connected to his office 24 hours a day through e-mail, phone and text messaging

 

Citing Cost Concerns, More Workers Leave Firms' Health Plans By Vanessa Fuhrmans The Wall Street Journal Friday, August 25, 2006 Fewer and fewer workers can afford what once was the best bet for generous health insurance:  the benefits offered by the country's biggest employers

 

Feds oppose open hearing in Nacchio trial. The government wants parts of today's hearing closed to discuss how to handle classified info. By Andy Vuong, Staff Writer Denver Post Friday, August 24, 2006 A hearing scheduled today should be closed for "a very limited portion" so the parties can discuss how to handle classified information in the insider-trading case against former Qwest chief executive Joseph Nacchio, the government said Thursday in a court filing

 

Telstra Sale Will Proceed, A$8B On Offer Dow Jones Newswires The Wall Street Journal Friday, August 25, 2006 CANBERRA (Dow Jones) -- Australian Prime Minister John Howard confirmed Friday the government will proceed with the planned sale of its remaining stake in Telstra Corp. (TLS), offering A$8 billion worth of shares to investors

 

PUC Approves Plan to Abolish Many Phone-Rate Price Caps By James S. Granelli, Staff Writer Los Angeles Times Thursday, August 24, 2006 Ending decades of government price regulation, the Public Utilities Commission on Thursday approved a plan that allows California's major phone carriers to raise residential rates at will

 

AT& T Sues, Alleging Fraudulent Access to Customer Accounts By Ellen Nakashima, Staff Writer Washington Post  Thursday, August 24, 2006 AT&T Corp. on Wednesday filed suit in federal court to unmask and halt the actions of 25 people who allegedly posed as customers to gain unauthorized online access to private phone records

 

U.S. Seeks to Shut Part of Qwest Hearing By Sandy Shore, AP money.aol.com Thursday, August 24, 2006 DENVER (AP) - Prosecutors have asked a judge to bar the public from part of a motions hearing set Friday in the insider trading case against former Qwest Chief Executive Joseph Nacchio because it could involve classified government information

 

New prosecutor in Nacchio case. Stricklin, government attorney in Enron trial, takes on tough assignment By Jeff Smith Rocky Mountain News Thursday, August 24, 2006 An Enron prosecutor has been named to head the government's insider-trading case against former Qwest CEO Joe Nacchio.  Cliff Stricklin, one of four prosecutors in the trial of Enron executives Ken Lay and Jeff Skilling, will replace Bill Leone as first assistant U.S. attorney in Colorado.  He will make $142,000 a year in the post

 

AEG puts up shell, raises suspicion By Tom McGhee, Staff Writer Denver Post  Wednesday, August 23, 2006 Philip Anschutz's company AEG has reportedly built a shell to house a regional casino at the Millennium Dome even though the London location has yet to win approval for a gambling license

 

ACLU assails Qwest move to stop telling customers of data release By Greg Griffin, Staff Writer Denver Post Wednesday, August 23, 2006 Qwest had a policy until October 2001 of notifying customers, when possible, that a subpoena or court order required it to release their confidential records to the government or anyone else

 

Telstra Stake Sale Fails to Get Green Light DOW JONES NEWSWIRES The Wall Street Journal Wednesday, August 23, 2006 CANBERRA, Australia -- The Australian government failed to give the green light to a proposal for the US$17 billion sale of its remaining 51.8% stake in telecommunications company Telstra Corp

 

With Its Future Now Uncertain, Bell Labs Turns to Commerce. Storied Font of Basic Research Gets More Practical Focus Amid Worry Over a Merger.  Mr. Kim's 'Totally Crazy' Idea By Sara Silver The Wall Street Journal Monday, August 21, 2006 Lucent Technologies Inc.'s Bell Labs, the birthplace of the transistor and the laser, has been through a decade of turmoil during which it was reduced to a third of its size

 

New pension law closes loopholes in charity deductions Eileen Ambrose Personal Finance Columnist Baltimore Sun Sunday, August 20, 2006 If you donate old clothes and stuffed animal heads to charity, or even if you just throw a few bucks into the Sunday collection plate, Congress thought about you in the new pension law

 

Business letters  -  To the Editor Qwest, U S West crooks leave the fallout to us Rocky Mountain News Saturday, August 19, 2006 Between CEOs Sol Trujillo and Joe Nacchio robbing U S West and Qwest, no wonder my bill has doubled since 2000

 

Generations Will Feel Pension Act Differently By Kathleen Day, Staff Writer Washington Post Sunday, August 20, 2006 The pension legislation President Bush signed last week will make the most significant changes to U.S. retirement laws in three decades, affecting workers of every age, from graduates on their first job to employees who are about to retire

 

Prosecutors want to keep Nacchio trial in Denver The Denver Business Journal by Bob Mook Saturday, August 19, 2006 Federal prosecutors in the case against Joseph Nacchio are asking a U.S. District Court judge to keep the trial in Denver, despite claims from Nacchio's lawyers that the former CEO of Denver-based Qwest Communications International Inc. can't get a fair trial in the city

 

Disney heir not amused by CEOs By Al Lewis, Staff Columnist Denver Post Friday, August 18, 2006 As CEOs go, Ken Denman is a marked man. Roy E. Disney -- nephew of the late Walt Disney - wants him fired

 

Sprint Nextel told to divest in Midwest By Andrew Harris AP Wednesday, August 16, 2006 Sprint Nextel Corp., the nation's third-biggest mobile phone service provider, must divest its Nextel operations in Illinois, Michigan, Iowa and parts of Nebraska, an Illinois judge ruled after a 25-day trial

 

The deal brokers. Family-film venture by Anschutz, Murdoch marks pair's latest power-pact episode in long-running series By Tom McGhee, Staff Writer Denver Post Wednesday, August 16, 2006 An agreement between Denver financier Philip Anschutz's Walden Media, maker of "The Chronicles of Narnia" movies, and media titan Rupert Murdoch's News Corp. to jointly develop family films isn't the first deal cut by this power couple

 

Court rules on Nacchio classified files By Jeff Smith Rocky Mountain News Wednesday, August 16, 2006 Top officials at the Justice Department's counterespionage section are among those who will be handling the classified documents relating to the criminal case of former Qwest Chief Executive Joe Nacchio, a court order indicated Tuesday

Nacchio case has classified aspects Lawyers will have to get a national-security clearance to review some of the evidence By Andy Vuong Denver Post Staff Writer The criminal insider-trading case against former Qwest chief executive Joe Nacchio may involve classified information that affects national security, a federal judge said Tuesday in a court filing

Judge issues procedures for classified info in Qwest case By Associated Press August 15, 2006 A federal judge on Tuesday issued procedures for the handling of classified government information that may become part of former Qwest chief Joseph Nacchio's defense

12-step program aids Qwest's recovery By Bob Mook Denver Business Journal Friday, August 11, 2006 With quarterly earnings reports showing a profit for two consecutive quarters and its stock gaining traction on Wall Street, the questions about Denver-based Qwest Communications International Inc. have swung from "will it survive?" to "how'd they do it?" in the past five years

 

Verizon Is Rewiring New York, Block by Block, in a Race for Survival By KEN BELSON New York Times Monday, August 14, 2006 It’s 9 in the morning, and a team from Verizon has been stringing fiber optic cable along a residential side street in the Bronx for three hours

 

What You Need To Know About Pension Changes. New Law and Court Ruling Mean More Companies May Convert Plans to 'Cash Balance' Model By Ellen E. Schultz and Theo Francis The Wall Street Journal Tuesday, August 15, 2006 If you're covered by a traditional pension plan, the odds that your employer will change to a "cash balance" pension plan have just increased

 

Officials Ramp Up Rural Broadband. A Wyoming town plans to build a fiber optic network to spur economic growth despite the objections of service providers Associated Press Writer Los Angeles Times Monday, August 14, 2006 POWELL, Wyo. Hay and beans have fueled this rural economy for years. But it's fiber of another kind that city leaders believe is key to Powell's future

 

SEC Revamps Plan on Pay Disclosure From Bloomberg News The Wall Street Journal Friday, August 12, 2006 The Securities and Exchange Commission proposed a revamped rule Friday that would require companies to provide compensation details for top-paid nonexecutives who make "significant policy decisions."

 

LA Times gives high ranking to Anschutz The Denver Business Journal Friday, August 11, 2006 The Los Angeles Times on Friday singled out financier Philip Anschutz of Denver as one of the 100 most powerful people in Southern California

 

Sprint to Settle Suit Over Retirement Accounts From the Associated Press Los Angeles Times Friday, August 11, 2006 Sprint Nextel Corp. has agreed to pay almost $29 million to settle a class-action lawsuit filed by current and former employees

 

D.C. may take stronger role in Nacchio's case. Bill Leone will be replaced by Troy Eid as U.S. attorney for Colorado By Jeff Smith Rocky Mountain News Friday, August 11, 2006 Outgoing U.S. Attorney for Colorado bill Leone said he plans to go back to private practice -- which likely means Washington, D.C., will take a more active role in the criminal prosecution of former Qwest Chief Executive Joe Nacchio

 

Top prosecutor in Nacchio case stepping down By Andy Vuong, Staff Writer Denver Post Friday, August 11, 2006 Bill Leone, the lead prosecutor in the criminal insider-trading case against former Qwest chief executive Joe Nacchio, said Thursday he is withdrawing from the case and returning to private practice

 

Telstra Net Slides Amid Discussion Of Equity Offering By Lyndal McFarland The Wall Street Journal Thursday, August 10, 2006 SYDNEY, Australia Telstra Corp. said annual net profit slumped 26%, the last results to be reported by Australia's biggest telecommunications company before the government decides the fate of its US $19 billion privatization proposal

 

Telstra Scraps Australia Network PlanBy Nina Sovich and Lyndal McFarland The Wall Street Journal Tuesday, August 8, 2006 Australian telecommunications company Telstra Corp. said it won't go ahead with plans to build a high-speed broadband network in Australia because negotiations with regulators over whether it would be required to share the network with competitors failed

 

Australian media abuzz over Trujillo severance. Defender: $72 million is proof ex-US West boss loves working By Jeff Smith Rocky Mountain News Wednesday, August 9, 2006 Sol Trujillo's $72 million golden parachute from U S West in 2000 has riled up the Australian press and caused a longtime colleague to defend his honor

 

Denver retirement plan sues Qwest over stock losses By Sam Adams Rocky Mountain News Tuesday, August 8, 2006 The city’s retirement plan administrators filed a federal lawsuit against Qwest Communications International seeking at least $1.2 million they said was lost in an accounting scandal that forced the company to restate billions of dollars in revenue

 

IBM Ruling Paves Way For Changes to Pensions. Appeals Court's Reversal Of Discrimination Finding To Aid Cash-Balance Plans By Ellen E. Schultz and Theo Francis The Wall Street Journal Tuesday, August 8, 2006 A federal appeals court reversed a lower court's finding that International Business Machines Corp.'s pension plan discriminated against older workers

 

Getting exec pay out in the open may be our best bet to end gluttony. Curiosity about someone else;s paycheck is natural. And for public companies, disclosing pay and perks of the top executives is the law By Lou Gelfand, Columnist Minneapolis Star Tribune Tuesday, August 7, 2006 The newsroom manager across the table seemed to be eyeballing someone behind me.  Her head bobbed up and down, then sideways

 

Greed is .... disclosable.  Crunch time at hand for executive pay? New proxy disclosure rules from the Securities and Exchange Commission will curb excessive executive compensation Martin R. Rosenbaum Minneapolis Star Tribune Tuesday, August 7, 2006 In the climactic scene of the film "Wall Street," takeover artist Gordon Gekko recites the memorable line, "Greed is good."

 

Personal Finance: A clear look at executive pensions. Disclosures under new SEC rules might provide the new "Oh, wow" factor for investors By Kathy Kristof, Los Angeles Times Minneapolis Star Tribune Sunday, August 6, 2006 Investors might soon be going ballistic over executive pensions, rather than executive pay

 

Nacchio's hired gun fires a blank By Al Lewis, Staff Columnist Denver Post Sunday, August 6, 2006 One reason why ex-Qwest CEO Joe Nacchio wants his insider trading trial moved to New Jersey is me

Pension reforms a mixed bag. Young workers, Wall Street likely to benefit most By Jim Abrams, Associated Press August 5, 2006 WASHINGTON Young workers, Wall Street, a couple of airlines and U.S. taxpayers could come out as winners in the pension changes made by Congress

Sol's Payday By Stephen Keating, Business Editor Denver Post Saturday, August 5, 2006 SOL'S PAYDAY:  Recent reports that former US West CEO Sol Trujillo got a $70 million parachute on leaving the company in mid-2000, just before its merger with Qwest was completed, aren't news

 

Pension Measure To Enact Changes Over Several Years By Deborah Solomon The Wall Street Journal Saturday, August 5, 2006 WASHINGTON The long-awaited pension bill headed for President Bush's desk is expected to strengthen the nation's employer-sponsored pension system

 

Qwest outage affect other telecoms in Wyoming By BOB MOEN, AP money.aol.com Friday, August 4, 2006 CHEYENNE, Wyo. (AP) - The outage that left much of Wyoming without 911 service for hours earlier this week affected the emergency dispatch systems of other telecommunications companies in the state besides Qwest Communications International Inc., a state regulatory official said Friday

 

Pension overhaul bill sent to president By Jim Abrams, Associated Press Writer Denver Post Friday, August 4, 2006 WASHINGTON (AP) Congress passed major pension legislation designed to assure American workers, including millions of baby boomers nearing the end of their working careers, that the pensions they have been promised will be there when they retire

 

On Point: Alarming signal By Vincent Carroll, Columnist Rocky Mountain News Friday, August 4, 2006 Sol Trujillo presided as CEO of U S West for all of two years, having marched his way to the top during a quarter-century as a loyal company man

 

No need to move Qwest trial Denver Post Editorial Wednesday, August 2, 2006 Former Qwest chief executive Joe Nacchio wants to go home

 

Pension bill should be Senate priority. Full consideration should be given to a measure that would protect the retirement funds of 106 million working Americans and their families Denver Post Editorial Wednesday, August 2, 2006 With the financial security of 106 million working Americans and their families at stake, the U.S. Senate is trying to pass a major pension reform bill before breaking for recess Friday

 

Patience of Qwest investors repaid By Andy Vuong, Staff Writer Denver Post Thursday, August 3, 2006 The big winners in Qwest's resurgence could be the longtime shareholders who suffered significant paper losses during the Joe Nacchio days but stayed committed to the company.

 

Sol's goodbye kiss. US West CEO got $72 million severance By Jeff Smith, Rocky Mountain News Thursday, August 3, 2006 Qwest Communications agreed to pay then-U S West CEO Sol Trujillo a $72 million golden parachute a day before the merger between the two communications giants closed on June 30, 2000

 

The Big Pension Bill:  Is That All There Is? By David Wessel The Wall Street Journal Thursday, August 3, 2006 There is a bill pending in the Senate that offers something for almost everyone.  For those at the bottom, there's an increase in the minimum wage

 

Qwest considers dividend. 2nd consecutive quarterly profit leads it to explore ways to reward investors By Jeff Smith Rocky Mountain News Wednesday, August 2, 2006 Qwest Communications posted its second straight quarterly profit Tuesday and said it was looking at a way to reward stockholders, with one option to issue its first dividend in four years

 

Qwest posts second straight profit. The firm credits cost-cutting and growth in Internet services amid a drop in phone clients. A stock buyback or dividend may follow. By Andy Vuong, Staff Writer Denver Post Wednesday, August 2, 2006 Qwest announced Tuesday it was profitable for a second consecutive quarter, sending its stock price to a level not reached in more than four years

 

Nacchio lawyers file for trial shift. His attorneys say Denver is "poisoned" for the former Qwest chief executive, who is facing 42 insider-trading charges. By Greg Griffin, Staff Writer Denver Post Tuesday, August 1, 2006 Former Qwest chief executive Joseph Nacchio wants his insider-trading trial to take place in his home state of New Jersey rather than the "poisoned local environment" of Denver

 

Nacchio lawyers seek new venue. Motion says 'reviled' Qwest figure can't get fair trial in Colo. By Jeff Smith Rocky Mountain News Tuesday, August 1, 2006 Attorneys for former Qwest Chief Executive Joe Nacchio on Monday reiterated the claim that he is "among the most reviled figures in recent Denver history" and that his insider-trading trial should be moved out of state

 

Qwest profits bring choices. Analysts say Qwest's second-quarter earnings may lead to buybacks or rewards for investors. By Beth Potter, Staff Writer Denver Post Tuesday, August 1, 2006 Qwest could announce a stock buyback, a reinstatement of dividends or additional capital spending in its second-quarter earnings call today, two analysts said