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AP: Prosecutors, SEC Probe Frist Stock Sale

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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-23-05 11:38 PM
Original message
AP: Prosecutors, SEC Probe Frist Stock Sale
Edited on Fri Sep-23-05 11:56 PM by ShockediSay
Federal prosecutors and the Securities and Exchange Commission have opened investigations into Senate Majority Leader Bill Frist's sale of stock in a hospital operating company founded by his family. Documents show Frist was updated several times about his investments in HCA Inc. and other transactions even though they were held in blind trusts.

Despite the updates, Frist insisted in public statements afterward that he didn't know what was in the trusts, specifically denying knowledge of his HCA holdings.

Nashville, Tenn.-based HCA said Friday 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....


http://www.nytimes.com/aponline/national/AP-Frist-Stock.html


http://www.guardian.co.uk/worldlatest/story/0,1280,-5298970,00.html
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-23-05 11:40 PM
Response to Original message
1. Not Frist, no! I can't believe he is a dirty rat bastard
who...oh wait he is.
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maddezmom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-23-05 11:43 PM
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2. duplicate topic
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=1801070
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