<nettime> A CEO who resisted NSA spying is out of prison.

[James A. Donald]

On 2013-10-04 20:02, Adam Back wrote:
> People frown at Russian suspected political prosecution (eg oligarchs
> falling with someone politically powerful and then with coincidental 
> timing
> finding themselves incarcerated for probably trumped up financial
> irregularity or other charges.)
>
> Here we see it US style.  A judicial inquiry should be heard, he should
> receive a pardon and compensation.  This is a horrendous judicial fraud
> sanctioned at high levels and carried out by a complicit justice 
> system. The perpetrators in NSA, government and justice system should 
> receive long
> prison sentences.  Otherwise the rule of law in the US has received a big
> credibility hit, the only fig leaf is the shaky plausibility of the 
> trumped
> up charges.
>
> Unfortunately its not completely impluasible in isolation because wealthy
> business people from time to time have committed these exact crimes in
> showing poor judgement by backdating options, and insider trading and 
> such
> shenanigans despite already being wealthy enough to not have their grand
> children work a day in their lives.
>
> But it sure looks suspicious and the political cover story has been 
> blown. At minimum he should get a judicial review or inquiry and probable
> vindication.
>
> Adam
>
> On Fri, Oct 04, 2013 at 11:46:27AM +0200, Eugen Leitl wrote:
>> ----- Forwarded message from nettime's avid reader <nettime at kein.org> 
>> -----
>>
>> Date: Fri, 4 Oct 2013 10:58:36 +0200
>> From: nettime's avid reader <nettime at kein.org>
>> To: nettime-l at kein.org
>> Subject: <nettime> A CEO who resisted NSA spying is out of prison.
>> Reply-To: a moderated mailing list for net criticism 
>> <nettime-l at mail.kein.org>
>>
>>
>> A CEO who resisted NSA spying is out of prison. And he feels 
>> ‘vindicated’
>> by Snowden leaks.
>> http://www.washingtonpost.com/blogs/the-switch/wp/2013/09/30/a-ceo-who-resisted-nsa-spying-is-out-of-prison-and-he-feels-vindicated-by-snowden-leaks/ 
>>
>>
>> By Andrea Peterson, Published: September 30 at 12:07 pmE-mail the writer
>> Both Edward Snowden and Joseph Nacchio revealed details about some of 
>> the
>> things that go on at NSA headquarters in Fort Meade. 
>> (REUTERS/NSA/Handout)
>>
>> Both Edward Snowden and Joseph Nacchio revealed details about some of 
>> the
>> things that go on at NSA headquarters in Fort Meade. (NSA/Reuters)
>>
>> Just one major telecommunications company refused to participate in a
>> legally dubious NSA surveillance program in 2001. A few years later, its
>> CEO was indicted by federal prosecutors. He was convicted, served 
>> four and
>> a half years of his sentence and was released this month.

Insider trading laws are so vague and all encompassing that it is 
entirely impossible to be innocent of insider trading, unless you pick 
your stocks by throwing darts

Almost every investor is guilty of insider trading.  Prosecutions are 
selective and arbitrary.