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Title: Sen. Bill Frist to become a billionaire
Source: drudge
URL Source: http://notyetondrudge.com
Published: Jul 23, 2006
Author: drudge
Post Date: 2006-07-23 23:05:07 by Jethro Tull
Keywords: None
Views: 465
Comments: 18

Drudge is reporting that Bill Frist's holdings in his family company, Hospital Corporation of America, will be purchased by a conglomerate of business for $21 billion dollars. I'm not sure what % he owns, but this man of the people will become a billionaire. The Senate has to approve the deal, but I think it will get the green light....

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Begin Trace Mode for Comment # 8.

#3. To: Jethro Tull (#0)

why does the senate have to approve the deal if it's a family business?

christine  posted on  2006-07-23   23:12:23 ET  Reply   Untrace   Trace   Private Reply  

why does the senate have to approve the deal if it's a family business?

Because the family business is a publicly traded corporation.

NYSE ticker symbol: HCA

Nice little arrangment...frist drops his opposition to amnesty and the SEC drops their insider trading investigation of him and his family and he gets to be a billionaire.

orangedog  posted on  2006-07-23   23:25:25 ET  Reply   Untrace   Trace   Private Reply  

#10. To: orangedog (#8)

Nice little arrangment...frist drops his opposition to amnesty and the SEC drops their insider trading investigation of him and his family and he gets to be a billionaire.

well, how about that? /sarcasm

christine  posted on  2006-07-23 23:31:27 ET  Reply   Untrace   Trace   Private Reply  

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