Senate Majority Leader Bill Frist, R-Tenn., has some explaining to do about how he came to sell stock in HCA Inc. a month before news of the hospital chain’s disappointing second-quarter earnings sent the stock price into a dive — and from a supposedly blind trust. Two federal inquiries rightly are seeking answers, as are Americans who just saw Martha Stewart do jail time for obstructing justice related to insider trading. This also presents the Republican-controlled Congress with another prime opportunity to show that its oversight of members’ ethics isn’t a joke. Either way, it’s not the sort of news Frist needed his name attached to if he’s serious about running for president.
Posted by Rhonda Holman
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