Looks like Bill Frist may be guilty of some inside trading. Frist ordered the trustee of his blind trust to sell off his shares of his family's business, Hospital Corporation of America, Inc. This move was preceded by the rest of his family selling off their shares prior to a weak earnings report.
I don't understand why people would so brazenly do this. It's too easy to get caught. What a dumbass.
Perhaps Frist can write a follow up to his book Good People Beget Good People: A Genealogy Of The Frist Family (Actual book, I know, the fact that anyone would write a book with such a self aggrandizing title is just hilarious.) with Inside Traders Beget Inside Traders: A Genealogy Of The Ethically Challenged Frist Family. Seriously, go to the Amazon site and read the reviews. There is a couple of hours of enjoyment there.
This won't affect Frist's chances for the Presidency. They're still at zero. He has the charisma of a robot with a low battery.
UPDATE: Subpeonas are flying at HCA related to the good doctor's sell off of stocks.
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