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Ranchers.net

Let's see now, in the House, Tom DeLay's PAC is charged, at the White House Carl Rove is being investigated for outing CIA agents, and now Senate Majority Leader Bill Frist is under investigation, too. Wow! Republicans have outdone themselves this time! Link below; my emphais.

"Blind trusts are designed to keep an arm’s-length distance between federal officials and their investments, to avoid conflicts of interest. But documents show that Senate Majority Leader Bill Frist knew quite a bit about his accounts from nearly two dozen letters from the trust administrators.

Frist, R-Tenn., received regular updates of transfers of assets to his blind trusts and sales of assets. He also was able to initiate a stock sale of a hospital chain founded by his family with perfect timing. Shortly after the sale this summer, the stock price dived.

A possible presidential contender in 2008, Frist now faces dual investigations by the U.S. attorney for the Southern District of New York and the Securities and Exchange Commission into his stock sales."


http://www.msnbc.msn.com/id/9469609/
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