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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-05 01:58 PM
Original message
Why Reid said what he did about Frist ...
snip ...

"I know he wouldn't do anything intentionally wrong," Reid said of his counterpart.

Reid, who has spent most of his life in public service, immediately distinguished his net worth from that of Frist, whose family started the hospital chain and has been millionaires for decades in Nashville. "Idon't have the resources he has," Reid said.

Still, the Nevadan has assembled a large number of holdings -including a chunk of stock in HCA, the company at the center of the investigations by the Securities and Exchange Commission and the U.S. Attorney for the Southern District of New York.

Ironically enough, Reid has profited off the Frist family's fortune in the past. On April 6, 2004, Reid sold between $1,001 and $15,000 worth of HCAstock, leaving him with less than $1,000 worth of the stock as of Dec. 31, according to financial disclosure reports filed with the Secretary of the Senate.

Reid also invested in another company founded by a colleague, Kohl's Corp., the department store chain once run by Sen. Herb Kohl (D-Wis.). On the same day he sold HCAstock, Reid also sold off a similar amount of Kohl's stock, leaving him with less than $1,000 in the department store.

more...

http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=574&topicId=100007426&docId=l:313659054&start=5
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lcordero2 Donating Member (832 posts) Send PM | Profile | Ignore Mon Sep-26-05 02:06 PM
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1. What I see is that he is in the Senate to serve himself
forget about serving the taxpayer.
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-05 02:09 PM
Response to Reply #1
2. Invest in a pair of corrective lenses. That should help. n/t
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lcordero2 Donating Member (832 posts) Send PM | Profile | Ignore Mon Sep-26-05 02:11 PM
Response to Reply #2
3. don't need any to see that he is covering up for Frist in order to
cover his own behind.
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-05 02:16 PM
Response to Reply #3
4. what is Reid's conflict of interest in HCA?
Does his brother own the company?
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lcordero2 Donating Member (832 posts) Send PM | Profile | Ignore Mon Sep-26-05 02:30 PM
Response to Reply #4
5. The conflict of interest was that it wasn't in a blind trust in the
first place.

http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=574&topicId=100007426&docId=l:313659054&start=5

I also noticed one small detail:

Potentially subject to greater conflicts are Reid's holdings in companies that have major issues before the federal government, including defense manufacturer United Technologies, Wal-Mart, Freddie Mac, Microsoft, Pfizer, General Electric and Citigroup.

and another small detail here:

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=107&session=2&vote=00237

Question: On the Joint Resolution (H.J.Res. 114 )

This is the Resolution for the military to use force against Iraq

Reid (D-NV), Yea

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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-05 09:12 PM
Response to Reply #5
6. hmmm, let's see, Citigroup, hmmmm, bankruptcy bill, hmmmm, I get it!
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