The 2002 Hall of Shame

Rich Barry

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Nevertheless, angry customers, investors and congressional investigators have maintained their interest in Nacchio's communications breakdown. For instance, the California State Teachers' Retirement System recently sued Qwest, claiming the company and others used fraudulent practices that cost the fund $150 million; the suit names both Qwest founder Philip Anschutz and Nacchio, alleging the latter pocketed $228 million through insider trading. New Jersey has also sued Qwest and its former exec, claiming that misconduct led to stockholder losses. And the complaints and condemnations continue to pile up.

When Qwest president Afshin Mohebbi finally leaves on December 31, the last of the Nacchio Scheme Team will be gone. So there's no time like the present to grab your cell phones and headsets, raise a middle- finger salute and scream, one last time, "Joe, glad to see ya go!"