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Ha!!

Here's about the best story about all that.....

Clinton had no experience in such financial instruments. Bill Clinton's salary as Arkansas Attorney General and then Governor of Arkansas was modest and Clinton later said she had been interested in building a financial cushion for the future.

The Clintons' combined income in 1978 from the governorship and Rose Law Firm amounted to $51,173, equivalent to $212,600 in 2021.

James Blair was a friend, lawyer, outside counsel to Tyson Foods, Arkansas' largest employer, and had been doing so well trading commodities futures that he encouraged friends and family to enter the market too.

Blair in turn traded through, and relied upon cattle markets expertise from broker Robert L. "Red" Bone of Refco, a former Tyson executive.

In October 1978, when Bill Clinton was Attorney General and on the verge of being elected Governor, Clinton opened a trading account, although Blair made most of the trades.

FWIW...I traded futures way back then...with REFCO...Which had a whole floor on one of the Twin Towers...that vanished.

By January 1979, Clinton was up $26,000.. but later, she would lose $16,000 in a single trade. At one point she owed in excess of $100,000 to Refco as part of covering losses, but no margin calls were made by Refco against her.

That was the cheat right there....

Near the end of her trading, Blair correctly predicted a market downturn and sold short, giving her a $40,000 gain in one afternoon.

Red Bone gave her a big, big favor........

In July 1979, once she became pregnant with Chelsea Clinton, "I lost my nerve for gambling walked away from the table $100,000 ahead."

Ain't gambling if you know what you are doing....

She briefly traded sugar futures contracts and other non-cattle commodities in October 1979, but more conservatively, through Stephens Inc.....During this period she made about $6,500 in gains, which she failed to pay taxes on at the time, consequently later paying some $14,600 in federal and state tax penalties in the 1990s. Once her daughter was born in February 1980, she moved all her commodities gains into U.S. Treasury Bonds.