Nacchio's surrender date postponed
By Andy Vuong
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.
U.S. District Judge Marcia Krieger postponed the date, scheduled
for Monday, indefinitely until she rules on Nacchio's request
for bail pending a Supreme Court review of his conviction.
The order is contingent on Nacchio filing on Friday a petition
to the Supreme Court and a request for bail pending the the high
court review with Krieger.
It's possible that Krieger could rule on the bail request Friday
and order Nacchio to report to prison on Monday as scheduled,
though she indicated during a court hearing today that she
wanted to have sufficient time to review the bail request.
Also today, Nacchio's attorney disclosed that his biopsy came
back negative and the "suspicious growth" on his leg is benign.
Nacchio had sought to delay the surrender date to receive
medical treatment for the growth.
Nacchio was not at the hearing. Court filings connected to
his medical condition suggest he is spending his time in Florida.
Andy Vuong: 303-954-1209 or