Former Qwest CEO Joseph Nacchio will be getting yet another day in court. The 10th Circuit Court of Appeals cited improper exclusion of testimony and evidence in Nacchio's April 2007 conviction on insider trading charges. Nacchio faces six years in prison and $71 million in fines and forfeitures if he loses this appeal.

• Web calendar startup Kiko sold for over $250k, which blogger Om Malik says is a great deal for a company that only took $50k in "convertible debt" (an angel investment somewhere between a loan and buying a share of the company outright). [GigaOM]

If his criminal charges are all dropped, Frank Quattrone could collect $100 million in back pay from his former employer. As long as the major investment banker (who blew up the dot-com bubble with IPO funding) stays clean for a year, he's golden. Great, story over, next criminal.