You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

More Questions About Bill Frist’s Sale of HCA Stock

HeadlineOct 12, 2005

Meanwhile Senate Majority Leader Bill Frist’s private financial dealings are back in the news. The Associated Press reports Frist earned tens of thousands of dollars from stock in HCA, the family-founded hospital chain largely controlled by his brother. Earlier this month the Securities and Exchange Commission began investigating whether Frist engaged in insider trading by selling off stocks in HCA. The nonpartisan Foundation for Taxpayer and Consumer Rights estimates that Frist made between $2 million and $6 million by selling his HCA holdings just before stock values plummeted in the face of a bad earnings report.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top