posted on December 23, 2005 03:42:15 PM
SEC Issues Subpoena To Frist, Sources Say
Records Sought On Sale of Stock
By Carrie Johnson and Jeffrey H. Birnbaum
Washington Post Staff Writers
Thursday, October 13, 2005; Page A01
Senate Majority Leader Bill Frist (R-Tenn.) has been subpoenaed to turn over personal records and documents as federal authorities step up a probe of his July sales of HCA Inc. stock, according to sources familiar with the investigation.
The Securities and Exchange Commission issued the subpoena within the past two weeks, after initial reports that Frist, the Senate's top Republican official, was under scrutiny by the agency and the Justice Department for possible violations of insider trading laws.
posted on December 23, 2005 08:14:29 PM
One of the Fox Sat morning money guys once described Frist as the only person he's ever met with a "Blind Trust" that has 20/20 vision.
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Never ask what sort if computer a guy drives. If he's a Mac user, he'll tell you. If he's not, why embarrass him? - Tom Clancy