Wednesday, September 28, 2005


Snoopy dance:

Sept. 28 (Bloomberg) -- U.S. Senate Majority Leader Bill Frist faces a near-term ordeal unwelcome to anyone, particularly an ambitious politician: an official probe into his personal financial dealings by the U.S. Securities and Exchange Commission.

The SEC authorized a formal order of investigation of Frist's sale in June of HCA Inc. shares, people with direct knowledge of the inquiry said yesterday. The order allows the agency's enforcement unit to subpoena documents and compel witnesses to testify, said the people, who asked not to be identified because the order hasn't been made public.