Leave Hillary alone! She has a concussion for
crying out loud.
Posted on 08/09/2013 1:51:45 PM PDT by SatinDoll
I can't remember if I have ever written this up, or maybe just explained it in a interview at some point, but I have had several people ask, so I'll explain it.
This is how Hillary Clinton "made" $100,000 off of an initial "investment" of $1000 in cattle futures back in the early 80's.
It was textbook money laundering.
I know you're shocked - SHOCKED to think that a Clinton could be involved in anything untoward, but I'm afraid it is true.
Back in the 80's in Arkansas, Bill and Hillary were the power couple ascending first to the position of Attorney General and then to the governor's mansion. Being the psychopathic whores that they both are, they were all about cashing in on their power and accepting de facto bribes and payola.
In Arkansas the Tyson family (as in Tyson chicken) were the big players at the time. Wal-Mart was still getting off the ground. Old Man Tyson wanted to buy off the Clintons, and so a money laundering scheme was hatched. A futures account would be opened with a broker named Red Bone (no joke) in HILLARY'S NAME. Red Bone cleared through a company called Refco, which would later become MF Global. That company through its entire history and iterations has always been a hive of villainy.
Anyway, the account was opened in Hillary's name and Hillary made an opening deposit of $1000.
Every day at the opening bell Red Bone, per Old Man Tyson's instructions, would put in two orders: Buy 50 contracts of live cattle futures AND sell 50 contracts of live cattle futures. (I'm just using 50 as a round number, I don't know exactly what the quantites were.)
At the close the same thing would be done - buy 50 and sell 50.
On days in which the market was higher from the open to the close, Hillary's account would be assigned the lower buy from the open and the higher sell from the close. If the close was $0.25 per pound higher than the open, the math would look like this:
$0.25 X 400 = $100 per contract $100 per contract X 50 contracts = $5000
A live cattle contract is 40,000 pounds, so the coefficient is 400. Trust me on that. The price is actually quoted in "hundredweights", hence the dropping of two zeroes.
Now here's the money laundering bit. The "losing" trades, namely the sell executed at the open and the buy executed at the close at the same prices would be assigned to Old Man Tyson's account.
On days when the market moved lower from the open to the close, Hillary was given the sell from the open and the buy from the close. Sell high, buy back low. Tyson got the opposite side.
Do that every day for a month or so and you can move $100k from Tyson to the Clintons very quickly. I think Red Bone also threw a few "losers" into Hillary's account just to attempt to cover their tracks - and yes, he made commission on all of it. I didn't back the commissions out of the calculation above, but of course Red Bone charged a hefty commission on every contract.
Giving the "good" trades to Hillary and the "bad" trades to Tyson is simply a way to move money from Tyson to the Clintons without Tyson writing the Clintons a check. This is called "money laundering".
This case was actually the reason why the law was changed and brokers HAD to attach an account number to every order UPON ENTERING THE ORDER. I started in the business in 1997, and that change predated me by 15 years. I can't imagine how it is that they let people assign account numbers at the end of the day - ever. That is just begging for unfair practices with regards to assigning of prices to customers. Favoritism, frontrunning, etc.
Oh, and Hillary claimed complete ignorance about all of this, which is, of course, a complete lie. She and Bill knew exactly what they were doing and why.
Too bad no one cared about the Clintons being psychopathic liars and conartists, because maybe then Hillary wouldn't have been able to murder Ambassador Chris Stevens and run all of those guns and MANPADS to the Muslim Brotherhood/AlQaeda, amongst all of their many other crimes.
Things like this matter. Give a money laundering psychopath enough power and they will move on to murder, genocide and tyranny. Ignore these indicators at your own peril.
So, for those of you who were too young to see/read about the nefarious adventure of Bill & Hill in the Clinton Chronicles back in 1992, here is the story on how exactly she made moolah on cattle futures.
Of course, she had help from the Tysons. Which is exactly why I won't buy their products even now decades later.
The investment was a dollar.
So she didn’t make 100,000, she only made 99,999$ from the bribe.
It was simply amazing to me how she got away with this. Not that she got away with the money laundering. But that Bill still got elected president. She’s the smartest woman in the world unless she’s in trouble, or if Bill is boinking an intern, then she’s just a dumb ol’ woman who can’t recall what she had for breakfast. Yet she’ll be the next president.
I bet that $100,000 (what difference does it make?) looks like chump change now. Today she gets $200,000 for a 15 minute speech. If anyone believes there aren’t two Americas, then who pays for those tickets to hear her talk?
How do you know it was only a dollar rather than $1000?
I’ve been following the Clinton family’s salacious activities for over 20 years. Maybe I saw that one dollar statement some where - it sure sounds like something that cheap-wad Hillary would do - but if you have a hard copy source I would appreciate a reference.
Spot. On.
That kind of fraud was too frequent before the computers and communications of purchases became instantly posted.
In the old days brokers could pick winners and losers if their books could be held off out of view for a short time.
$100,000 from a thousand?
It’s a miracle, right?
I think we’ve all known how this scam was rigged back in the 90’s. This writeup is very clear and explanatory but I think this has been common knowledge for a long time. It either happened this way or she was a very lucky investor right up until she hit the $100,000 mark and then abruptly stopped - oh yeah - as she said she read the WSJ as well.
When Clinton was elected, I said, what the heck, let’s give them a chance. After a short while, I realized how awful the two of them were. When anyone asked, I would tell them that the only two things they need to know were Hillary’s futures account and what happened to Billy Ray Dale in the White House Travel Office.
Ann has summarized the futures deal.
For those who don’t know about the other scandal, Billy Ray Dale had run the WH Travel Office for administrations of both parties for 20 or 30 years. Hillary had some friends she wanted to give the appointment to. Since that office is appointed, all she had to do was fire Dale and give the appointment to her friends. But since that would look too political, instead she had him accused of embezzlement. He had to spend something like $250K to defend himself, and the jury acquitted him in a very short time. All of this, just because of appearances.
The Clintons suck. They politicized the administrative and judicial branches with their appointments far beyond the extent any previous President had dared. And you know what? Obama and Jarrett and the rest of his crowd are even worse.
The “news” media ignored this story because it concerned Hitlery. Now if it had been a Repub who made this kind of money.....
Can’t provide a reference... what I had read back at the time was that while she claimed a thousand dollar investment there was no proof that it existed except after the fact.
Most folks that have traded in commodities realize that you can’t gain much useful trading information from reading a daily paper like “The Wall Street Journal.” By the time you have the data it’s a day old and old news. When Hillary lied and said she studied that paper to time her trades it told me she didn’t have a clue about trading. In real life she would have lost her shirt.
I would also suggest that any good trader wouldn’t have stopped at one hundred thousand. If you were that good you would have continued trading.
I would like to know how much the Clinton’s made playing the oil futures with Marc Rich and the Oil For Food Program.
As president B Clinton was able to control the price of oil.
Rattle sabers with Saddam Husain and the price would go up.
Ok the release of Iraqi oil for the OFF program and the price would go down.
Turn a back to smuggled Iraqi oil and the price kept dropping giving a perfect opportunity to buy and stockpile in old tankers until price went back up.
If it’s less than a 1/4 billion I’d be surprised.
The point was she never paid a cent for it.
He charged her a dollar for it, and fronted her the dollar.
I had a lawyer friend, and he asked me at one point for a nickle. I gave it to him. After that, he explained, he was on retainer, and we could talk about things honestly.
Leave Hillary alone! She has a concussion for
crying out loud.
Looks like the Hillary hacker brigade has taken down her website. Link gives me “Problem loading page.”
Hillary Clinton should have been put in jail for what she did to Billy Dale. I remember Sam Donaldson lamenting how bad Billy Dale had been treated.
Find a book called “The Great Whitewater Fiasco” by Martin Gross. Hillary was the brains behind the Clinton’s scandals. She is evil.
apostrophe alert: maestros of crime, not maestro’s.
I will say this, not necessarily in reference to the Clintons. And, this is obviously just my opinion.
One of the challenges some politicians face after leaving a life of public service is laundering their money back into daylight.
So you have people establishing foundations which receive millions or maybe hundreds of millions in donations. I always suspect much of that is their own money. Or you have people accepting partnerships for millions per year in firms where they do no work. Writing books for multimillion dollar advances that no one reads (can it be proven that all the copies “bought” were even printed up?). Speaking tours at hundreds of thousands for 20 minutes.
There is no reason to bribe an ex-president, so I assume again that much of this is their own money being brought into daylight.
During the Clinton years he made a great show of going after banking secrecy, but never went after Saudi banks. So I always assume that is one place people keep their money.
I notice that politicians and generals who have gone to the aid of muslim kingdoms and helped to establish muslim countries on European soil, for example, seem to leave office with really large fortunes. Not naming names, but its just an observation.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.