Well, it looks like ol’ Bill Frist got his tit caught in a wringer trying to use inside information with his blind trust.
He sold all his stock, as well as those of his wife and kids two weeks before his parent’s company, HCA came out with a disappointing earnings report. Now that couldn’t be considered insider trading, could it?
Even though Martha Stewart was convicted of the same thing, it’s my bet that Frist will come up with some excuse and walk.
There seems to be two sets of rules governing us. Those for Bush and his friends and those for the rest of us.
I can’t speak for anyone else, but I want to see Billy boy with an ankle bracelet.
The California Curmedgeon
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