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1 posted on 10/21/2005 9:45:56 AM PDT by Positive
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To: Positive

"A close examination of her individual trades underscores Blair's pivotal role. It also shows that Robert L. "Red" Bone, who ran the Springdale, Ark., office of Ray E. Friedman and Co. (Refco), allowed Clinton to initiate and maintain many trading positions – besides the first – when she did not have enough money in her account to cover them."

Well presumably those trades were one side of offsetting trades (long and short the same contract) that the firm put on to facilitate a payoff from party A to the clintons, so there was no real risk.


2 posted on 10/21/2005 10:01:39 AM PDT by WoofDog123
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To: Positive

When a trader is undermarginalized in trading futures, Hitlery HAD to have someone with money guarantee her account. In other words, if she lost money by buying on margin, someone else with lots of money in the background would have to put up the money. Who that was is anyone's guess? Perhaps, Tyson's Food.


3 posted on 10/21/2005 10:04:13 AM PDT by lilylangtree
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To: Positive
Thanks this "blast from the past."

Was going to sink a load into Refcofx but coincindences kept getting in the way. Would've lost a ton...

4 posted on 10/21/2005 10:10:57 AM PDT by NameItClaimIt (Revolutionaries Unite)
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