[amnestynone]

I used to be a commodity broker in Chicago in the ‘70’s. I know how the system worked. Houses often times entered orders and left out the account numbers. They put in numbers later(which is illegal). The winning trades were placed into favored accounts (usually the brokers own). And the losers went to the customers. They were able to do this because the customers stupidly give them power of attorney or discretion to do so. You just don't start out with $1000 and end up with $98000 dollars unless you are maybe a member floor trader in that length of time. And even if they did you would not just hang up with that kind of money and stop trading. This practice was especially wide spread among houses that were closest to the Chicago Mercantile exchange as opposed to the Board of Trade. The firm in question was Refco which was a Mercantile firm specializing i nCattle futures. No one who was in this business seriously believes that this was on the up and up.

[Pearls Before Swine]

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.

[Utilizer]

Anyone with even a bit of knowledge in this area knows what a lie she has been spouting for all these years, yet her supporters continue to insist she has done no wrong.

Their minds are made up, don’t confuse them with the facts!