"Shortly after that sale, the stock price dipped because of a warning that earnings would not meet Wall Street expectations"... Frist sold the HCA stock at a time when insiders in the company also were selling off shares worth $112 million from January through June of this year".
They put Martha Stewart's ass in jail for a hell of a lot less!
"Blind trusts are designed to keep an arm's-length distance between federal officials and their investments, to avoid conflicts of interest. But documents show that Senate Majority Leader Bill Frist knew quite a bit about his accounts from nearly two dozen letters from the trust administrators.
Frist, R-Tenn., received regular updates of transfers of assets to his blind trusts and sales of assets. He also was able to initiate a stock sale of a hospital chain founded by his family with perfect timing. Shortly after the sale this summer, the stock price dived.
A possible presidential contender in 2008, Frist now faces dual investigations by the U.S. attorney for the Southern District of New York and the Securities and Exchange Commission into his stock sales.
There's no question...Bill Frist needs to be the Republican nominee for president in 2008! Tom Delay hopefully will be his VP.
Sunday, September 25, 2005
FRISTHAND KNOWLEDGE
"Shortly after that sale, the stock price dipped because of a warning that earnings would not meet Wall Street expectations"... Frist sold the HCA stock at a time when insiders in the company also were selling off shares worth $112 million from January through June of this year".
They put Martha Stewart's ass in jail for a hell of a lot less!
"Blind trusts are designed to keep an arm's-length distance between federal officials and their investments, to avoid conflicts of interest. But documents show that Senate Majority Leader Bill Frist knew quite a bit about his accounts from nearly two dozen letters from the trust administrators.
Frist, R-Tenn., received regular updates of transfers of assets to his blind trusts and sales of assets. He also was able to initiate a stock sale of a hospital chain founded by his family with perfect timing. Shortly after the sale this summer, the stock price dived.
A possible presidential contender in 2008, Frist now faces dual investigations by the U.S. attorney for the Southern District of New York and the Securities and Exchange Commission into his stock sales.
There's no question...Bill Frist needs to be the Republican nominee for president in 2008! Tom Delay hopefully will be his VP.
WANTED
Dead or Alive
