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Quote by Bill Frist

“The notion that you have a blind trust but you can tell your trustee when to sell stock in it just doesn't make any sense. It means you have a seeing eye trust and not a blind trust. It's ridiculous.”

Quote by Bill Frist

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Bill Frist
Bill Frist

Bill Frist, a former United States Senator, was born on February 22, 1952. He has made significant achievements in politics, medicine, and philanthropy. more

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“In April, I asked my staff to determine if Senate rules and relevant laws would allow me to direct the trustees to sell any remaining HCA stock. In May, my staff worked with outside counsel and with the Senate ethics committee staff to draft a written communication to the trustees. After obtaining pre-approval by mid-June from the Senate ethics committee, I issued a letter directing my trustees to sell any remaining HCA stock in my family's trust.”

IfsMayLawWrittenCommunicationEthicsDirectMy FamilyLettersSellsDetermineRelevantSenateApprovalStaffCommitteesJuneAprilObtainingTrustees
Author:Bill Frist
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