Replies

I can tell you how it was done: I used to work at the CME many years ago (Chicago Mercantile Exchange).

With the help of a crooked little brokerage house in Little Rock, and an enthusiastic influence peddler ( a guy from Tyson Foods--wanted influence with then Arkansas Secretary of Agriculture Bill Clinton) a commodities account was opened. Mrs. Clinton put in her $1,000. She could either buy or sell some futures contracts (IT DIDNT MATTER WHICH) because the influence guy would take the other side of buy or sell. No names were written on the contracts (Street Name) which was legal back in those days. Later--that day or more--contracts were sold or bought back if short sale, and the influence guy took the loser contracts and Mrs. Clinton the winners. Brokerage house accomated this process. It's called "Parking the Trade".

21 posted on 09/25/2006 6:08:16 AM PDT by johnandrhonda (have you hugged your banjo today?)

To: johnandrhonda

Thanks for clarifying...
'Parking the Trade.' 'Trading the farm' (ours, not theirs) was/is operational also.

23 posted on 09/25/2006 6:27:24 AM PDT by Mia T (Stop Clintons' Undermining Machinations (The acronym is the message.))

To: johnandrhonda

So the "losing" side was a guy who wanted to spend 100 thou to buy Hillary. No trades are marked until settle up when she takes all the winners and he takes the losers. Pretty neat work if you can get it.

28 posted on 09/25/2006 7:07:40 AM PDT by groanup (Did you know there are actually Freepers who defend the IRS?)

To: johnandrhonda

Thanks for the explanation.

74 posted on 09/27/2006 2:21:03 AM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")

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