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Why, you’re talking about “bucketing” trades.

It’s amazing how few people understand how this worked.

Blair (Tyson’s attorney and VP, and Hillary’s adviser) called up a broker friend of his, one “Red” Bone (how Southern). Red had, incidentally, been censured for bucketing trades. (The phrase comes from the old days, when the tickets were tossed in a bucket, and the winners/losers assigned at the end of the day. Jesse Livermore wrote about it with stocks.)

So, what almost certainly happened is that Blair calls up Red and says, “Me and the little lady is going to do some trading for a while. Put most of the winning trades on her account, and the losers on mine, until I tell you to stop.” So, Red does as told, and the account goes onward and upward until the agreed upon bribe amount of 100k is reached. At that time, the smartest woman in the world loses interest in commodities trading and focuses on motherhood.

There’s so many things wrong here:
* inadequate margin
* Tyson having a number of affairs before the Governor, Bill, such as being allowed to run overweight chicken trucks.
* No records (all conveniently lost in the mists of time)
* A broker of known questionable integrity

It’s very damning of how the Clintons have always done business. But most people who aren’t familiar with markets find it hard to understand how baldly obvious and bad it is.

The formal term, instead of 'bucketing', used to be 'allocation' (CFTC's term, not mine), whereby the orders were distributed to various accounts after the fact (and after the mkt close that day). I was for a time in the compliance department with her brokerage, which was the old Clayton Brorkerage of St. Louis. Red Bone worked for Clayton in the Memphis and Little Rock offices. He had been caught allocating orders several times over the years.

Nice guy, very personable, but the first guy I ever met who made me want to count my fingers after shaking hands with him. He died in 1980 or 1981, if I recall rightly. Clayton, in 1979, got tangled up with the Hunt brothers silver machinations in 1979-1980, and bit the big one when the Hunts went down. Look up "liquidation only directives" from a commodity exchange if you want to see a **scary** story!