Talk:Hospital Corporation of America
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[edit] HCA and Bill Frist
I'm taking a break from Wikibreak because this article had problems. First, there was some vandalism by an IP user. Second, there was some related nonsense about Bill Frist in this article. Maybe there was some actual revelance between Bill Frist and HCA, but all we have is uncited assertions. Specifically:
Now, first, "reportedly" needs a citation. But given the subsequent sentence, which also would need a citation or link to the stock's fall, the first is horrendously libelous. Why? Stock sales by significant shareholders and officers are subject to prior SEC disclosure. It's also not noted when he instructed the trustee to sell his shares. He might have instructed the trustee to sell them in, say, February, and the transaction (especially if it was a lot of shares) might have taken several weeks to unload. Finally, a "15-point" plunge sounds like a lot, but that all depends on the share price. A 15 point pluge of shares in Berkshire Hathaway class A is nothing. (Each stock is worth over $80,000 USD). So a percentage should instead be noted. Finally, there was the statement that "most of" Bill Frist's wealth came from his family's stake in HCA. That needs some sort of reliable source backing that up. Twenty million is certainly a lot to me, but it may or may not have comprised "most of" Frist's wealth without very detailed insight into Frist's finances (unless Frist himself said so). Disclaimer: I believe I held shares in HCA at one time in 2002-2003; however, these holdings would have been short-term.
- --Otheus 14:16, 15 May 2007 (UTC)
[edit] Fair use rationale for Image:HCALogo.PNG
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