Frist Political Fund Can't Cover Bank Loan (Reg. Required)

"A campaign fund controlled by Senate Majority Leader Bill Frist (R-Tenn.) has lost almost $460,000 in stock market investments since 2000 and now does not have enough to cover a sizable bank loan, according to federal election records and the manager of the Frist account.

The heaviest losses, totaling more than $500,000, occurred in a stock index fund in 2001 and 2002, years when the securities markets suffered a major downturn. But the Frist campaign account lost an additional $32,050 in July and August, a setback that was only partially offset by a gain of $11,472 in September, according to Linus Castignani, treasurer of 'Frist 2000,' which was created to finance the senator's successful campaign for a second six-year term in 2000."

Tom Daschle - "He still thinks we should put seniors' Social Security funds in the stock market?!"

Bill Frist is slimy. This doesn't mean anything politically, but I think it sure says something about his character.  ¶
- david | 1:31 PM