This is one scumbag that deserves jail. I hope they make enough of the charges stick to put him away. With all of the others who are cooperating against him I think he will be toast.
When he did not have the financial (share) value in his company to purchase USWest he did a dark fiber or "capacity" swap with USWest, ie "I give you mine to use and in trade you give me yours to use". Then he counted ten years of revenue forward from the theoretical sale of the dark fiber bandwidth, booked it into the quarter he wanted to consumate the purchase of US West in and then counted it as revenue!
The man gives crooks a bad name.