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(BuisnessWeek)   SEC: Frist "inquiry" upgraded to "investigation." Expected to make "hurricane" by Saturday   (businessweek.com ) divider line
    More: Followup  
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6985 clicks; posted to Main » on 29 Sep 2005 at 8:15 AM (10 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



335 Comments     (+0 »)
 


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2005-09-29 11:34:27 AM  
Any second now, Cheney will be indicted for raping a monkey...
 
2005-09-29 11:34:34 AM  
roberts is so in, what will be really funny is when he turns out to be a big commie. I can hear sean hannity in ten years:"we don't need ANOTHER bad pick by president whoever".
 
2005-09-29 11:34:39 AM  
Frist aye
 
2005-09-29 11:34:44 AM  
Bush's approval rating is dropping like a rock, and the Republican leaders in the both the House and Senate are under criminal investigation. Yet, the Democrats still can not pull it together and show any leadership or initiative.

"Vote for us. We're not Bush! Huh? Our plan for running the country. Well.... ummmm. LOOK suffering Katrina victim. *runs away*"
 
2005-09-29 11:35:03 AM  
the alpha males

and

[image from images.amazon.com too old to be available]

I'm actually more of a pi man, myself
 
2005-09-29 11:35:16 AM  
masterthief your're missing something.

Corporations are constantly analyzing their numbers to make sure their quarterly performance meets expectations of investors. The most telling of these analysis begins right after the second month in the quarter closes. It is from this that companies start sending signals to investors on how this performance is shaping up to try to limit the volatility of the stock.

In the case of Frist, his brother has access to these day-to-day analytics, and the first round of these two month performance analytics would be done somewhere around the 10th of the month. Frist sells his stock after this is done but before the performance news gets out.

I'm willing to speculate that the reason this has turned into a full fledged investigation is that he had contact with his brother or someone else at the company in the days before the sale.

/and the lying to a reporter thing takes on a whole new aspect when you also consider the legislation he's worked on for years and from which he has personally profited.
 
2005-09-29 11:35:25 AM  
LessthanZero: The sale of stock by the executives at the company is certainly a good excuse for Frist to sell the stock (and completely legal), but I wonder why then the SEC just upgraded its inquiry into an investigation. Doesn't that imply that they know something not public yet?

Likely this is just another case of correlation being mistaken for causation. Probably nothing, but it's good to check just to be safe. (I'd be more worried if the SEC weren't checking in to this.)
 
2005-09-29 11:36:09 AM  
GodsTumor: /Anyone see Mr. Coulter on Larry King last night wearing a turtleneck?

Yes. I almost attacked my TV.
 
2005-09-29 11:36:21 AM  
Looking at the TV all I have to say is that if all the Senate pages were layed end to end I wouldn't be at all surprised

/plagirism
 
2005-09-29 11:37:09 AM  
I'm actually more of a pi man, myself

would that be...RHUBARB?
 
2005-09-29 11:37:51 AM  
That's why this "liberal bias" charge against the media is so bogus. It's a spin technique to make it easier for the corrupt conservatives to get away with more than if they actually had to defend themselves in the media.

Clavis, and that's why ol' Spirow Agnew first trotted out the canard in the first place: to try to distract from his own corrupt dealings.
 
2005-09-29 11:38:06 AM  
Senate Majority Leader Bill Frist, and House Majority Leader Tom Delay both on the chopping block? I bet this is the first time in their lives they wish they were a minority.
 
2005-09-29 11:38:29 AM  
Clavis: Cheney will be indicted for raping a monkey...


The monkey was begging for it. Did you see how he was dressed.
 
2005-09-29 11:38:35 AM  
captaindog: zerkalo :

maybe someone will post a picture of some cute puppies



[image from e-michael.jp too old to be available]

"I smell an SEC violation! Or is it bacon?"
 
2005-09-29 11:39:29 AM  
We have a Pope Chief Justice!
 
2005-09-29 11:40:28 AM  
Jaboobinator

captaindog: zerkalo :

maybe someone will post a picture of some cute puppies


Next up, "Dogs wearing hats with a wide-angled lens!"
 
2005-09-29 11:40:40 AM  
Jaboobinator :

thank you!!!!

oh, it's bacon.
 
2005-09-29 11:40:46 AM  
MasterThief: Likely this is just another case of correlation being mistaken for causation.


See, but my point was that that would have come out in the inquiry and the SEC would have gone away. They fact that they upgraded the inquiry, at least to me, suggests that they know something the public currently does not.
 
2005-09-29 11:40:54 AM  
Snausages
 
2005-09-29 11:42:14 AM  
Digitalstrange - You respond to my words with a picture? Must be a Republican!
 
2005-09-29 11:42:19 AM  
zerkalo: We have a Pope Chief Justice!


That would be a good headline for the thread. You get my vote.
 
2005-09-29 11:44:17 AM  
caiteach
Bush's approval rating is dropping like a rock, and the Republican leaders in the both the House and Senate are under criminal investigation. Yet, the Democrats still can not pull it together and show any leadership or initiative.
"Vote for us. We're not Bush! Huh? Our plan for running the country. Well.... ummmm. LOOK suffering Katrina victim. *runs away*"


That's funny. Enjoy mocking the Democratic party for "not having a unified message" and "not having any ideas" and just being "obstructionist". I call that being harmless and not farking up this country with their stupid ideas...

I thought you conservatives WANTED a government that was too slow and ponderous and listless to do any damage! "The government that governs least", remember? Under the Democrats as you depict them, the federal government will clearly get nothing done... which you guys used to think was a good thing.

Instead, under your boy Bush's watch, the federal government has ballooned in size, federal spending has increased so much that they won't even release good numbers, and the federal government is getting involved with all sorts of areas that the states and locals ought to be handling...

Nice work, Bush fans. You've become what you hate -- guess being in charge of government is a seductive power that it's hard not to indulge. Remember what a wise man once said -- "Battle not with Democrats, lest ye become a Democrat..."
 
2005-09-29 11:44:19 AM  
And I give it to you my child, go forth and submit
 
2005-09-29 11:44:46 AM  
Clever Neologism: Next up, "Dogs wearing hats with a wide-angled lens!"


Sorry, no wide-angle lens on this one.

/Teh GIS, it does nothing!

[image from yummyfordogs.org too old to be available]
 
2005-09-29 11:45:26 AM  
GodsTumor: Anyone see Mr. Coulter on Larry King last night wearing a turtleneck?>

Whenever I see Coulter, I turn it off. I don't change channels, I turn the televison off. T.V. has blown it for the night as far as I am concerned.(even if something i wanted to watch later comes on, the T.V. stays off.)

/"Don't watch them...Don't watch them....mon-STERS-s-s-ss"
 
2005-09-29 11:46:16 AM  
Clavis
Any second now, Cheney will be indicted for raping a monkey...

Yeah, but that slut was asking for it
 
2005-09-29 11:47:23 AM  
HappyDaddy In the future, when you post images of women in bikinis, please make them larger

Aye, cache wouldn't retrieve, so I had to make do.

Cache Rules Everything Around Me

[image from images.google.com too old to be available]

Get the image, google google search y'all
 
2005-09-29 11:47:40 AM  
Damn, I just lemmed with the whole monkey thing.

Git it together big Z!
 
2005-09-29 11:49:04 AM  
yeah, I turned off my tv for good in 2001. one of the best things I ever did.

Are ya pissed CLAVIS?
 
2005-09-29 11:49:15 AM  
Clavis

Conservatives who want to see a "liberal bias" in the mainstream media will find it.


I want them to. I want Liberals to find a conservative bias, libertarians to find socialist biases, and anarchists to find fascist biases.

The press should be hostile to politicians, period. A hostile press is the only way politicians are kept in check. The French realized the importance of the press, that's why it was called the Fourth Estate. When the Fourth Estate starts playing politics, you can't trust it for information anymore than you can trust any Senators word against another... which is not at all.


Imagine how frightening Washington would be if our society actually expected them to answer reporter's questions? Scott McClellan would poop his pants and then have a stroke...


People don't want to know the truth. Watch Bullworth and see how ridiculous it would be to tell the truth (yes, I know it's a freaking movie, but you get the idea). They want nice stories and a rousing political piss match. Just read Fark for evidence.
 
2005-09-29 11:49:44 AM  
captaindog

zerkalo
:maybe someone will post a picture of some cute puppies


This is an old shot of my friend Dan, who made it back from Iraq last week. Look, they found a cute puppy! (No, I have no idea what became of it. I believe it joined Al Phaedo...)

[image from img265.imageshack.us too old to be available]
 
2005-09-29 11:50:53 AM  
[image from birdsinthebelfry.com too old to be available]

Lookout! It's comin' down!!!

 
2005-09-29 11:51:09 AM  
Clavis:

This is an old shot of my friend Dan, who made it back from Iraq last week. Look, they found a cute puppy! (No, I have no idea what became of it. I believe it joined Al Phaedo...)


You could probably trade that picture for some sween interner pr0n.
 
2005-09-29 11:51:46 AM  
"sween" = sweet

/lo ciento
 
2005-09-29 11:52:06 AM  
Jaboobinator

Why, thank you. :)

Doing my best to piss off the Religious Right.
 
2005-09-29 11:52:26 AM  
zerkalo: And I give it to you my child, go forth and submit

Damn, you can't strike on link submissions. Came out like - We have a new pope chief justice. Chance of greenlight= -700.

I was going to split the greenlight with you to give you 30.5 and me 0.5. Sorry, for the failed attempt. I made it [image from img.fark.com too old to be available] to stand out from the [image from img.fark.com too old to be available]s. Don't know what else I could have done.
 
2005-09-29 11:52:54 AM  
[image from img.fark.com too old to be available] Roberts Confirmed, Indicted.
 
2005-09-29 11:53:58 AM  
Clavis

You said it. The Republicans of today are the Democrats of yesteryear. The GOP figured out that it is good to be king, just like the Democrats did. Now it's all about staying in power.

The GOP started down this path in one simple vote. Remember the Contract with America and the platform of term limits? The GOP won the House after 40 years in '94 because of the postal scandal and failed socialized medicine from Clinton. The main plank of the nationalized house elections was term limits. They voted it down.

Ever since then there was a slow slide into more corruption. The differences between these two parties at this point is negligible in my opinion
 
2005-09-29 11:54:03 AM  
Roberts Confirmed, Indicted.!

I'm glad gay people finally have one of their own in the highest court.
 
2005-09-29 11:54:45 AM  
Blind trusts work better when you keep your eye on them...

/paradigm shift
 
2005-09-29 11:55:28 AM  
Clever Neologism : I think you are right, the only way to make this thing work is to have everybody at each others throats. the last thing i want to see is both gov't parties and the media getting along

/Clavis : nice puppy picture!
//i'm a libertarian, and yes, it's all a commie conspiracy
 
2005-09-29 11:57:55 AM  
teh ghay on the chief justice seat?
 
2005-09-29 11:58:19 AM  
Dennis_Moore: Roberts Confirmed, Indicted.


Yeh that is funnier than

[image from img.fark.com too old to be available] We have a pope chief justice.

Time to go eat my humor flakes for today and sit in a corner.
 
2005-09-29 11:58:49 AM  
Sorry about that Timbomb, I had no idea. Mea culpa, mea culpa, mea maxima culpa
 
2005-09-29 12:01:39 PM  
Oh man, now ya done it Timbomb. I gotta storm off in a jealous huff. Either that or I need some sleep. Night all!

Yes, I know its morning in America
 
2005-09-29 12:05:28 PM  
Clavis,

You sir are a partisan tool. I am not nor have I ever been a Republican or Bush supporter. I'm sick of the cronyism (sp?), promotion of bad policy that thickheadly refuses to even consider any science or evidence to the contrary, and the out of control pork barrel spending.

I am an independent who would like to have a real alternative, but the Democrats have proven themselves to be increasignly worthless. For the last several major elections they have tried to ride in to control by simply being the Anti-Rep party without taking any real policy stance of their own. They cling to this strategy thinking it will get them the middle even though they keep losing.

Where is their energy policy, economic plan, spending policy? Can't promote anything like that because that might offend some key constituency.

The only real victory Dems had in 2004 was in Colorado where the they were able to ride the promotion of a renewable energy policy into strong victory in a heavily Republican state. You would think the national party would get the message, but I haven't seen any real sign of it.

That the current Administration is as bad as it is just increases my digust over the Democrats baffling inability to get their shait together.
 
2005-09-29 12:06:06 PM  
zerkalo: Night all!

Yes, I know its morning in America


g'night. Sorry, that one lost out also.

[image from img.fark.com too old to be available]Roberts confirmed for Supreme Court; adopts the name "Chief John Benedict VII"

We were close, poor execution on my part.
 
2005-09-29 12:08:15 PM  
Legalize It: Corporations are constantly analyzing their numbers to make sure their quarterly performance meets expectations of investors.

Tis true...I can't speak for them all, but in my personal experiences that is absolutely the case.

The most telling of these analysis begins right after the second month in the quarter closes.

Yup, in it's most simplistic form think Target vs Actuals. Nuff said.

[image from thoughtcrimes.org too old to be available]
 
2005-09-29 12:16:34 PM  
Let's go back to what I said on yesterday's DeLay thread:


2005-09-28 02:01:08 PM kliq

whorehopper:

You forgot "runaway judiciary." That's a favorite. I predict the following to be said:

"The Democrats control the Supreme Court, and thus their guys cannot be touched. Republicans control the House of Representatives, and thus the Democrats are sore losers."


Today, Rush: (paraphrased) "Democrat Ronnie Earle is going after Republicans because they are losing at the ballot box, and only win on the Supreme Court."
 
2005-09-29 12:22:03 PM  
as a liberal, let me be the first to say this is a non-issue and Frist did nothing wrong.
 
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