Will Bill Pull a Martha?
HCA documents have been subpoenad, apparently in the Frist matter.
Later: More details from Bloomberg:
The SEC ``contacted Senator Frist's office after the story appeared in the press about the sale,'' spokesman Bob Stevenson said in a statement. ``The majority leader will provide the SEC any information that it needs with respect to this matter.'' HCA said it ``intends to cooperate fully.'' HCA spokesman Jeff Prescott said today that the information in the subpoena indicated that the probe relates to Frist's stock sale. He declined to comment further.
That seems about right for Christopher Cox's SEC. They investigate the trade after the story appears in the papers. Kind of like George Bush's hurricane response, where he decides to so something after somebody shows him a DVD of TV news reports. And a tangentially related tidbit to that note, via The Washington Note: looks like Hurricane Czar Karl Rove will be doing some political fundraising in North Dakota when Rita hits Texas.
Par for the course.