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October 20, 2005
Frist: Doctor of Sleaze
So what did Bill Frist do with all the money he got from his insider-trading, non-blind family-run trust stock sale? Why, he used it to pay off his sizeable campaign debts, of course!
These guys have NO SHAME.
Senate Majority Leader Bill Frist paid $72,012 from his own pocket to his 2000 re-election campaign fund in August, two months after he was notified that trustees had sold millions of dollars of his stock in HCA Inc., the hospital chain founded by his father and brother.That Aug. 30 payment was disclosed in Federal Election Commission filings last Friday. The documents also show the campaign fund on the same day paid off a $349,107 outstanding loan from U.S. Bank Corp.
Both transactions enabled the Tennessee Republican to close the Senate campaign fund in anticipation of his retirement from the Senate next year and a possible run for the White House in 2008.
Oh, the hubris, the hubris!
Posted By John Christian Plummer | October 20, 2005 04:06 PM | DIGG ME!
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