29.9.05

Formal Investigations

Bill Frist's sleazy family hospital HMO chain HCA Inc. has announced that the SEC is launching formal investigations into insider trading issues and other financial crimes. HCA Inc. has been one of the most suspected violators of SEC financial regulations of any healthcare facility; perhaps some truths with come to light now about this healthcare "provider" and the ultra-wealth of the Frist family that has benefitted from it.

Atrios also has an interesting point about Frist- that it's unlikely he was stupid enough to just make a trade knowing the world watched his every move. People do stupid things, though... And when the benefit is the difference between losing over $2 million, sometimes greed wins out.

1 Comments:

Blogger General Stan said...

The voices you hear in your head are delusions. The fact of the matter is that the practical proof of the lord is when there cease to be two sets of footprints in the sand- cause, see, that's when, when your corrupt family stock plummets, the lord lifts you in his hands. Frist should have waited until he stopped seeing his own footprints. That would have proved his Christian value.

Duh.

29.9.05  

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