Senate Majority Leader Being Investigated For Insider Trading
Prosecutors, SEC probe Frist stock sale:
SEP. 23 4:40 P.M. ET Federal prosecutors and the Securities and Exchange Commission are looking into Senate Majority Leader Bill Frist's sale of stock in HCA Inc. at a time when insiders at the hospital operating company were also selling off shares.
HCA, based in Nashville and founded by the Frist family, said Friday that it had received a subpoena from prosecutors for the Southern District of New York, asking for documents the company believes are related to Frist's stock sale.
Please keep in mind that Senator Frist's family business HCA was found guilty in the largest Medicare fraud case in the country's history. Frist was Bush's leader in organizing the latest Medicare law which as we all know was written by and for the insurance and pharmacutical industries. Just another case of citizens being screwed to make the already rich much much richer. I hope he goes to jail for a long time.
posted by Gary Brownlee @ 8:54 AM
4 Comments:
Its martha all over again!
Yup. Except that instead of running a company that deals in doilys and slip-covers he runs the U.S. Senate.
I wonder if it will get anywhere near the attention that Martha got?
Yea right, it should be a much bigger deal, but who can compete with the scandal of the domestic diva...lol.
Well, sure, if he could make a muffin worth talking about then we'd have a story.
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