Cadillac Owners Forum banner

1 - 20 of 21 Posts
S

·
Guest
Joined
·
0 Posts
Discussion Starter #1
http://www.cbsnews.com/stories/2005/09/23/ap/business/mainD8CQ0KMO0.shtml


HCA Subpoenaed, May Involve Frist Sales

WASHINGTON, September 23, 2005



Hospital operator HCA Inc. said Friday that federal prosecutors have issued a subpoena for documents the company believes may be related to the sale of its stock by Senate Majority Leader Bill Frist.

A release from the Nashville-based company said the subpoena came from the U.S. attorney for the Southern District of New York.

The Securities and Exchange Commission also contacted Frist this week about the sales, said Frist spokesman Bob Stevenson.

"Not surprisingly, the Securities and Exchange Commission contacted Senator Frist's office after the story appeared in the press about the sale of his Hospital Corporation of America stock," Stevenson said. "The majority leader will provide the SEC any information that it needs with respect to this matter."

Frist traded using only public information, and only to eliminate the appearance of a conflict of interest, his spokesman added.

Stevenson couldn't immediately be reached for further comment. An HCA spokesman also wasn't immediately available for comment.

HCA, the nation's largest for-profit hospital company, was founded by Frist's father and his brother was formerly its CEO and chairman and remains on the board of directors.

Frist asked a trustee to sell all his HCA stock in June, near a 52-week stock price peak of $58.40 and at the same time HCA insiders were selling off shares. Reports to the Securities and Exchange Commission showed insiders sold about 2.3 million shares, worth about $112 million, from January through June, said Mark LoPresti of Thomson Financial.

The sale came about two weeks before the company issued a disappointing earnings forecast that drove its stock price down almost 16 percent by mid-July. They still have not recovered, closing Thursday at $45.90.

The value of Frist's stock at the time of the sale was not disclosed. Earlier this year, he reported holding blind trusts valued at $7 million to $35 million.

The sale of stock was first reported Monday by Congressional Quarterly. On Tuesday, the Associated Press reported that the stock was sold at or near its peak between June 13, when Frist asked the shares to be sold, and July 1, when he was told the sale was complete. On July 8 he was informed that his wife and children's shares had also been sold as per his request, his spokeswoman Amy Call said.

For years, Frist was criticized for holding HCA stock while directing legislation on Medicare reform and patient issues. His office has consistently deflected criticism by noting that his assets were in a blind trust and not under his active control.

Frist, a Tennessee Republican, is widely considered a potential presidential candidate in 2008.

HCA said the subpoena seeks the "production of documents," and said it plans to fully cooperate with the district attorney's investigation.

On Thursday, SEC spokesman John Nester would neither confirm nor deny that Frist or any officer or director of HCA is the subject of an investigation, citing the agency's policy.

Shares of HCA fell 20 cents to $45.70 in premarket trading on the New York Stock Exchange.
=================

So much corruption these days, Billy thought that he might as well take advantage of it too. :histeric: Cons are resigning from the White House and several are under investigation in the Congress. Their time of cashing in is coming to an end. The funny thing is is that all their stumpfvck sackriders will be footing the bill.
 

·
Banned
1996 Fleetwood Brougham
Joined
·
7,237 Posts
White Water. :D

You didn't care then, so why do you care now? :tisk:

I say let's make White Water an issue for 2008. Thnuder thighs wants to be president? Let's revisit White Water, shall we?

Let's see if Frist lies under oath during the SEC investigation. Oh wait that's not a grave enough offense anymore either.

But he's a republican and that's enough reason for the angry liberal mob to hang him on the highest tree!!
 

·
Registered
Joined
·
290 Posts
"Thunder thighs" wants to run for Prez?? I didnt know that Laura Bush wanted to run.
 
S

·
Guest
Joined
·
0 Posts
Discussion Starter #5
Deep Sleep said:
"Thunder thighs" wants to run for Prez?? I didnt know that Laura Bush wanted to run.

It'd be much safer than letting her drive! Laura Bush has killed the same number of people as Ted Kennedy. Ahhhhh, to see their self-rightousness be obliterated. :histeric:
 

·
Registered
Joined
·
290 Posts
HotRodSaint said:
The DNC better hope (because they don't pray) that Laura Bush doesn't go up against Thunder Thighs!!!
Oh, you must mean Condi "Thunder Thighs" Rice. Hmmm, I can't see the the DNC running Condi "Thunder Thighs" Rice. I also don't see them running Senator Hillary Clinton. New York lovers her too much to let her leave.
 
S

·
Guest
Joined
·
0 Posts
Discussion Starter #8
And that is the thing about hate, it retards the mind against reality and causes resentment toward people who could be your friend. But then again, hate is the only thing the GOP can grow in this country because they cannot grow the economy, net number of jobs, educational opportunities, etc.....
 
S

·
Guest
Joined
·
0 Posts
Discussion Starter #11
that's what retarded little bigots do. It's in their nature. DESTROY....because they cannot build.
 

·
Registered
Joined
·
290 Posts
ben72227 said:
And the rest of the country hates her too much to let her even get out of New York.:p
In the words of HRS, Can you post a link to back that up? :rolleyes:
 

·
Banned
Joined
·
1,483 Posts
In the words of HRS, Can you post a link to back that up? :rolleyes:
Do I really need to? I'm pretty sure thats common knowledge.

(A) She's woman, so she won't be president.
(B) She's a cold-hearted bitch, so she won't be president.

And my favorite:lildevil:

(C) She's a democrat, and they can't win elections :histeric:
 

·
Banned
1996 Fleetwood Brougham
Joined
·
7,237 Posts
scourge said:
that's what retarded little bigots do. It's in their nature. DESTROY....because they cannot build.
Scourge the troll came to our forum,
He lacked manners and civil decorum,
Slander and lie, that's all he would do,
And lie he did, while he blamed it on you!!

:thepan:
 
S

·
Guest
Joined
·
0 Posts
Discussion Starter #15
The problam with HRS is that he fails to realize that BBS boards re not verbal. There exists a paper (polygon) trail.

quotes from HRS.....

"It must really be dark at your house, you dimwitt."

"When you reattatch your balls, just let me know."

"After you take your prozak, feel free to participate."

"then email the author and stop acting like a baby who can't have any candy for dinner!"


Typical of a hypocrit - attack others and then play the victim when called upon it. Nope, intellectually taking on HRS is like abusing a small handicapped child.:histeric:
 

·
Banned
1996 Fleetwood Brougham
Joined
·
7,237 Posts
scourge said:
Nope, intellectually taking on HRS is like abusing a small handicapped child.:histeric:
I'll take your word on that one, as I've never abused any child, let alone a small handicapped one. :eek:

Since you claim to have me on ignore, I have to wonder how you are able to take me on intellectually? Do you do this in your dreams? :hmm:

If you are so superior intellectually, then why do you act like a coward by hiding behind the ignore feature?
 

·
Banned
1996 Fleetwood Brougham
Joined
·
7,237 Posts
scourge said:

"It must really be dark at your house, you dimwitt."

"When you reattatch your balls, just let me know."

"After you take your prozak, feel free to participate."

"then email the author and stop acting like a baby who can't have any candy for dinner!"


Typical of a hypocrit - attack others and then play the victim when called upon it.
Typical liberal, taking quotes out of context.

These were retorts, not attacks. An english teacher would know the difference, a partisan lacky wouldn't.
 

·
Registered
Joined
·
290 Posts
HotRodSaint said:
I'll take your word on that one, as I've never abused any child, let alone a small handicapped one. :eek:
Can you post a link to support that claim? :rolleyes:
 

·
Registered
Joined
·
290 Posts
ben72227 said:
Do I really need to? I'm pretty sure thats common knowledge.

(A) She's woman, so she won't be president.
(B) She's a cold-hearted bitch, so she won't be president.

And my favorite:lildevil:

(C) She's a democrat, and they can't win elections :histeric:
On (A), I have to agree, I don't see that happening anytime soon.
On (B), You must know her personally, Or you don't know. I think the later in your case.
On (C), Most of Washingtons elected congressmen are Democrats and so is our Govenor :histeric: :thumbsup: :highfive:

Could'nt find a link eh?
 

·
Banned
Joined
·
1,483 Posts
Most of Washingtons elected congressmen are Democrats and so is our Govenor
I meant NATIONAL elections. Looks like the Republicans control the executive, judicial, AND legislative branches of government.:devil:
 
1 - 20 of 21 Posts
Top