As a former Qwest employee and stockholder, I am satisfied with the prison sentence and fines that have been levied on Mr. Nacchio as a result of the criminal acts that committed against the shareholders, the employ of Qwest and the overall public trust. The prison sentence is being called the stiffest so far.
Under Nacchio, Qwest was driven to the point of skirting backruptcy while employees (both management and occupational) lost their faith in the company as a result of Nacchio's actions. Many unecessary risks were taken, many jobs (both management and occupational) were lost and entire centers were closed and sent to vendors during Nacchio's tenure.
REC supports civil litigation by the shareholders to attempt to recover losses.