Corporate Governance

Nacchio Judge Resigns

By Armin K. Sarabi

Judge Edward W. Nottingham, the federal judge who presided over the insider trading trial of former Qwest Communications CEO, Joseph Nacchio, has resigned effective October 29, 2008.

The resignation comes amidst an investigation by the 10th Circuit's judicial counsel regarding complaints of judicial misconduct.  Included in those complaints were allegations that Nottingham viewed adult websites on his government issued computer, and spent $3,000 at a Denver strip club.  While neither of these charges are illegal per se, they may be unethical.  The American Bar Association's Model Rules of Conduct hold attorneys & judges up to a much higher moral & ethical standard.

The Race to the Bottom has extensively covered the trial of Joseph Nacchio, and has blogged some of the "interesting" interactions that Nottingham is well known for.

Click here to view posts relating to the Nacchio trial.

Full post as published by The Race to the Bottom on October 22, 2008 (boomark / email).