Probe Into Frist Stock Sale Continues
Senate Majority Leader Bill Frist remains under investigation by federal authorities for his sale of stock in his family founded hospital chain this year. He said Sunday that he has not testified in the matter. "I am cooperating fully and am anxious to provide all information, which I've been doing throughout," Frist, R-Tenn., told "Fox News Sunday."
Federal prosecutors and the Securities and Exchange Commission in September opened an investigation into Frist's order to sell all his stock in HCA Inc., the hospital company founded by his father and brother.The sales were completed by July 1, near the stock's 52-week peak and two weeks before share prices fell 9 percent.
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