#1
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Bill Frist hounded by allegations of insider trading
hmmmm...a Republican who would break the law for financial gain...
never saw that coming...<snort> http://www.washingtonpost.com/wp-dyn...102065_pf.html RB |
#2
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Re: Bill Frist hounded by allegations of insider trading.
[img]/images/graemlins/grin.gif[/img] if ya ain't cheating; ya ain't trying hard enuf; friest has the juice to prevent even a thought of a trial; in many countries; it is not a crime to use inside info to make stock market profits; why not take advantage of your knowledge...
jmho gl [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/spade.gif[/img] p.s. surgeons have so much money; they gotta find some way to use it... gl [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/spade.gif[/img] |
#3
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Re: Bill Frist hounded by allegations of insider trading
Wow!
A 9% price fluctuation. Why, such a big swing is just unheard of. I mean it means for every $11 he got from the sale, he would have only got $10 instead. This is just wrong. A 9% price swing is clearly proof of insider trading. I mean I've never had my poker bankroll take a 9% swing, that is just so BIG and unbelievable in the real world. [img]/images/graemlins/smirk.gif[/img] |
#4
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Re: Bill Frist hounded by allegations of insider trading
according to MSNBC, the total drop was about 16% and shares were sold to a total of 112 mil. -
so yah....16% - with millions of dollars on the line - yah they will do that.... but I'm sure you're right...I'm sure there's nothing unusual there at all....that's why the SEC is investigating - cause they don't think they'll find anything and they don't feel like really working hard. |
#5
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Re: Bill Frist hounded by allegations of insider trading
[ QUOTE ]
hmmmm...a Republican who would break the law for financial gain... [/ QUOTE ] You are correct. Democrats believe more in providing things for free. Like that time Democratic Congressman Barney Frank let his boyfriend run a gay prostitution ring out of his Washington D.C. apartment. As far as I know, he didn't charge his boyfriend any rent for use of the facilities. A greedy Republican Congressman would certainly have charged his boyfriend with rent or at least some type of user's fee. |
#6
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Re: Bill Frist hounded by allegations of insider trading
Humans actually break the law for financial gain? Say it ain't so! [img]/images/graemlins/shocked.gif[/img]
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#7
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Re: Bill Frist hounded by allegations of insider trading
[ QUOTE ]
Humans actually break the law for financial gain? Say it ain't so! [img]/images/graemlins/shocked.gif[/img] [/ QUOTE ] I don't know, I'd put you 2:1 that Frist is some sort of machine. |
#8
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Re: Bill Frist hounded by allegations of insider trading
[ QUOTE ]
according to MSNBC, the total drop was about 16% and shares were sold to a total of 112 mil. - so yah....16% - with millions of dollars on the line - yah they will do that.... but I'm sure you're right...I'm sure there's nothing unusual there at all....that's why the SEC is investigating - cause they don't think they'll find anything and they don't feel like really working hard. [/ QUOTE ] Your reading comprehension needs a little work. Nowhere in the article does it say that the SEC is investigating Frist. Also, the article states that Frist is/was within the rules of the Senate. Tell me again why I should be upset. |
#9
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Re: Bill Frist hounded by allegations of insider trading
[ QUOTE ]
Tell me again why I should be upset. [/ QUOTE ] It's the 9% profit!! Of course, Hillary's 2000% profit on cattle futures shouldn't raise any concern. |
#10
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Re: Bill Frist hounded by allegations of insider trading
Broken down in tiny little sentences:
Federal prosecutors have subpoenaed documents from HCA, not Frist, related to Frist (and his family's) stock sales. Frist's family founded the company, which is the largest for-profit hospital chain in the country. Frist's brother still sits as a board member of HCA. Frist has held on to the stock for more than two years, despite complaints that he shouldn't be promoting anti-malpractice legislation. He suddenly instructed the blind trust (which shouldn't be possible) to sell all his shares and his family's shares two weeks before a negative earnings announcement. Selling stock, especially through what is supposed to be a blind trust, based on insider information (non-public) is illegal. See "Wall Street", "Martha Stewart". |
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