Saturday, October 01, 2005

Outsider Trading

"Private e-mail between Senate Majority Leader Bill Frist (R-Tenn.) and his advisers reflects that Frist began discussing the sale of his HCA Inc. stock in April, months before it became clear that the hospital firm's shares would decline in value, according to documents reviewed by The Washington Post."

The SEC is investigating Frist for insider trading.
--LynZee