Thursday, October 13, 2005

Frist Was Right All Along -- Apparently There Is A God

The SEC wants Bill Frist to turn over some documents:

Senate Majority Leader Bill Frist has been subpoenaed to turn over personal records in an investigation into possible insider trading, The Washington Post reported on Thursday.

The Securities and Exchange Commission issued the subpoena within the past two weeks, the newspaper reported, citing sources familiar with the probe.

A spokesman for Frist, a Tennessee Republican, was not immediately available for comment.

Frist aides previously said he had been contacted by regulators but did not mention that he had received a formal request for documents, The Washington Post said.
Needless to say, news reports like this make me very happy. And while they are at it, maybe the SEC investigators could take another look at the insider trading in which George W. Bush engaged back in 1990 while serving on the Board of Directors at Harken Energy Company. A re-opening of that investigation will help make up for the crappy job the SEC did the first time around.

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