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#5 | |
I think this line's mostly filler.
Join Date: Jan 2003
Location: DC
Posts: 13,575
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Quote:
Frist's "blind trust" had an exemption - the trustees were absolved "from any obligation ... to diversify the investments" from his HCA stock, which was a large portion of the trust. So he knew precisely how much HCA he had when he directed the trustees to sell before the crash. That's a lot more damning than I thought it would be. I sort of expected the Frist thing to end up being "sure is an amazing coincidence, but you can't prove a thing".
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