Breaking?: Frist Traded stocks outside his Blind Trust

[Perky]

AP: Frist Accumulated Stock Outside Trusts

By LARRY MARGASAK and JONATHAN M. KATZ
Associated Press Writers





WASHINGTON (AP) -- Outside the blind trusts he created to avoid a conflict of interest, Senate Majority Leader Bill Frist earned tens of thousands of dollars from stock in a family-founded hospital chain largely controlled by his brother, documents show.

The Tennessee Republican, whose sale this summer of HCA Inc. stock is under federal investigation, has long maintained he could own HCA shares and still vote on health care legislation without a conflict because he had placed the stock in blind trusts approved by the Senate.

However, ethics experts say a partnership arrangement shown in documents obtained by The Associated Press raises serious doubts about whether the senator truly avoided a conflict.

In that case, the HCA stock was accumulated by a family investment partnership started by the senator's late parents and later overseen by his brother, Thomas Frist. The brother served as president of the partnership's management company and as a top officer of HCA. Sen. Frist holds no position with the company.

http://customwire.ap.org/dynamic/stories/F/FRIST_STOCK?SITE=CATOR&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2005-10-11-18-16-13

[FreedomAngel82]

1. So what does this mean with Frist?

Does this mean he was caught lying in a Martha Stewart?

[Perky]

4. I am not sure about the legal things but

he is deep doo-doo for lying to everybody about it.

[GrpCaptMandrake]

9. This means he's been trying to scrabble up

all the money he can muster for that '08 run for the White House. It takes a lot of money to keep his Superstition Industry base video tapes of human vegetables he's diagnosed long-distance.

:crazy:

[babylonsister]

2. Here's another thread on Frist:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x5034638

[leveymg]

3. Is there going to be enough room in the Alexandria, VA jail

for all these White House and Capitol Hill GOP VIPs facing indictment?

Better send out for more bologna sandwiches.

[GrpCaptMandrake]

6. I Want In On

the soap-on-a-rope franchise, if Halliburton doesn't already have it.

:rofl:

[leveymg]

7. Fashion Accessories Available at the Court Gift Shop

[GrpCaptMandrake]

8. Oooooo, kinky! They look sooooo good with French cuffs! n/t

[leveymg]

10. With your tastes, you could have worked for the WH Comm Office.

It's not too late to make the Last Seating in the Oak Room tonight.

[GrpCaptMandrake]

11. Wow!

Mean *and* cold! :)

Just the Oak Room?

[bbinacan]

12. I bet there's room at

GITMO!:evilgrin:

[Hubert Flottz]

5. Bill has been buying up stock like crazy, in a sure-fire winner...

Kool-Aid... Up another $4670.99.9 a barrel today, for light sweet Kool-Aid.

[nadinbrzezinski]

13. So exactly how many of these bastids

will fall in the next three months?

Not that I am complaining ok

:popcorn:

[Neil Lisst]

14. Frist is going down for this

Trading on insider info is a serious matter, and while they would ordinarily make a deal, in the case of Frist, he may have to go away like Martha and Lil Kim.


http://www.webcomicsnation.com/neillisst/