Tuesday, September 27, 2005

Blind Trust

Blind Trust. Is that an appropriate name? Bill Frist, that compassionate conservative leader in the Senate, apparently sees the contents of his "blind" trust quite well. Well enough to order the sale of all of his HCA stock just before it dropped in value. His wife and 3 sons, all with similar "blind" trusts were able to sell their HCA stock as well.

Now maybe I am confused...and I'm obviously wrong, but I thought that a blind trust meant that the owner of the trust no longer controlled the disposition of the contents of that trust.

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