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Former Qwest executive pleads guilty

Former Qwest Communications EVP Marc Weisberg has reached a plea agreement with the U.S. government and will cooperate in the insider-trading case against former CEO Joseph Nacchio. Although Weisberg is not considered a crucial witness in the Nacchio case, he is believed to have information about Qwest's financial situation at the time of the alleged misdeeds. Wall Street Journal, The (12/29)