Thursday, September 29, 2005

 

The Domino Effect?

Will Tom DeLay's indictment be the domino that knocks down the entire corrupt GOP leadership? Watchdog alleges Frist made $2-6 million on insider trade

Senate Majority Leader Bill Frist, now under a formal investigation by the Securities and Exchange Commission for insider trading, 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, an analysis released today by the nonprofit, nonpartisan Foundation for Taxpayer and Consumer Rights (FTCR) alleges. FTCR also pointed to overly rosy earnings projections made by HCA executives at a conference with investors just as Frist and HCA insiders were dumping HCA stock en masse, saying HCA Sr. Vice President Vic Campbell's made misleading statements to investors.
SEC intensifies probe of Senate's Frist
The U.S. Securities and Exchange Commission has given subpoena power to investigators looking into the stock sales by Senate Majority Leader Bill Frist, said sources familiar with the matter on Wednesday.
Remember, "Every time a Republican is indicted, God creates a kitten."
# posted by MEC @ 9/29/2005 10:41:00 AM
Comments:
And every time a Republican White House aide is led off to jail in handcuffs, God feeds the kittens catnip.

Please, think of the kittens!
# posted by Blogger Phoenix Woman : 9/29/2005 11:32:00 AM
 
Geez..come on.. i'm not a right winger but lets be fair. when the left was in power they had their share of scandals. oh yes, it was a vast right wing conspiracy. now the corrupt republicans. man, i zone out both sides of the crazies. i think most of us are in the middle and don't really trust anyone in big government. left or right.
# posted by Anonymous Anonymous : 9/29/2005 10:15:00 PM
 
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