When Senate Majority Leader Bill Frist asked a trustee to sell all his stock in his family's hospital corporation, a large-scale sell-off by HCA Inc. insiders was under way.
Shares of the Nashville, Tenn.-based hospital company were near a 52-week peak in June when Frist and HCA insiders were selling off their shares — just about a month before the price dropped...
For years, Frist, a heart surgeon, was criticized for holding stock in the nation's largest for-profit hospital chain while directing legislation on Medicare reform and patient issues. HCA was founded by his father, the late Thomas Frist Sr.; and his brother, Thomas Jr., is a director and leading stockholder.
His office has consistently deflected criticism by noting that his assets were in a blind trust and not under his active control.
So many scandals, so many Republicans.