Wednesday, September 28, 2005

Watchdog alleges leader Frist made $2-6 million on insider trade

The Raw Story | Watchdog alleges leader 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. ...

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