Friday, September 30, 2005

The SEC Turns The Heat Up On Frist.

Bloomberg is reporting that as Senate Majority Leader Bill Frist (R-TN) has recently come under intense fire in allegations of possible insider trading, the Securities and Exchange Commission has launched an formal order of investigation into Frist’s sale of all his shares in HCA.

Stuart Rothenberg, editor of the independent Rothenberg Political Report said, “This turns the flame up under the kettle.”


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