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September 28, 2005

DeLay Indicted

As they say, a prosecutor can indict a ham sandwich.

Unless that ham sandwich is named "William Jefferson Clinton," of course. Bill Clinton is the Rollo Tomase of American politics.

In better news, Bill Frist's statement about his sale of HCA stock noted that he had initiated the process of selling in April, before the July (I think) sale went through.

This distance between beginning the sale and the trustees' execution of it makes it seem less likely that he was acting on insider information of a very time-senstive nature. Apparently he wanted to sell long before that bad quarterly report; it just took a lot of time to have the sale cleared by the Senate Ethics Panel and such.

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posted by Ace at 01:46 PM

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