jcb

From a Reuters Article

Sep 24, 2005 13:10

"Frist on June 13 requested the sale of all of his remaining stock in HCA, which was held in blind trusts, his spokeswoman Amy Call said. By July 8, the shares held for himself, his wife, and children were sold by trustees, she added ( Read more... )

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gamineserieuse September 24 2005, 17:28:11 UTC
All I know about blind trusts, and this is my hyperlimited layman's knowledge, is that the holdings of the trust are undefined to the beneficiaries. . . what does that have to do w/ the initiation of the sale?

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jcb September 24 2005, 17:39:08 UTC
. . . but it's 8 million shares of stock in one company, which is family happens to run. what's undefined? all he has to do is look in the paper for the current ticker of HAC, multiply by million . . .

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