In 1978 and 1979, lawyer and First Lady of Arkansas Hillary Rodham Clinton engaged in a series of trades of cattle futures contracts. Her initial $1,000 investment had generated nearly $100,000, when she stopped trading after ten months. In 1994, after Clinton had become First Lady of the United States, the trading became the subject of considerable controversy regarding the likelihood of such a spectacular rate of return, possible conflict of interest, and allegations of disguised bribery. Mrs. Clinton continued to be a net winner at the game. By the time she closed her trading account ten months later, she had racked up $99,541 in profits, a spectacular 10,000 per cent return on her initial investment of $1,000. Either Mrs. Clinton was a better trader than the legendary George Soros, Hillary Rodham Clinton was allowed to order 10 cattle futures contracts, normally a $12,000 investment, in her first commodity trade in 1978 although she had only $1,000 in her account at the time, Hillary Clinton had no commodities trading experience when she entered the market. Nor did she have any specialized knowledge of the cattle business. Yet she cashed in, miraculously turning $1,000 into $99,537 in 11 months, by investing in live cattle futures – contracts linked As with any futures contracts, trading cattle futures contracts also requires an initial performance bond followed by maintenance margin. This can vary from one futures brokerage to another, but on average, the initial margin required is around $1225 for Globex Feeder cattle and about $825 for Globex Live cattle. Under the guidance of an attorney representing Tyson Foods, Hillary Clinton made a $98,540 profit from a $1,000 initial investment in less than one year trading commodity futures. While $98,540
“There’s no way in the world that Hillary Clinton should have been trading 50 (cattle futures) contracts. That’s 2 million pounds of beef. The risk posture is just not consistent with (the Clintons’) income and net worth,” said this trader, who works for one of the nation’s biggest brokerage houses.
Mrs. Clinton continued to be a net winner at the game. By the time she closed her trading account ten months later, she had racked up $99,541 in profits, a spectacular 10,000 per cent return on her initial investment of $1,000. Either Mrs. Clinton was a better trader than the legendary George Soros, Hillary Rodham Clinton was allowed to order 10 cattle futures contracts, normally a $12,000 investment, in her first commodity trade in 1978 although she had only $1,000 in her account at the time, Hillary Clinton had no commodities trading experience when she entered the market. Nor did she have any specialized knowledge of the cattle business. Yet she cashed in, miraculously turning $1,000 into $99,537 in 11 months, by investing in live cattle futures – contracts linked As with any futures contracts, trading cattle futures contracts also requires an initial performance bond followed by maintenance margin. This can vary from one futures brokerage to another, but on average, the initial margin required is around $1225 for Globex Feeder cattle and about $825 for Globex Live cattle. Under the guidance of an attorney representing Tyson Foods, Hillary Clinton made a $98,540 profit from a $1,000 initial investment in less than one year trading commodity futures. While $98,540 Many of the younger generation are unaware of the “1st financial felony” committed by Hillary Clinton, and how she got away with it. This was the “Cattle Straddles” incident, where Ms. Clinton took $1000 and by investing in Cattle Futures, generated profits of $100,000 in a short time.
11 Feb 2020 U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices
Near the end of her trading, Blair correctly predicted a market downturn and sold short, giving her a 3 Feb 2016 The factor that makes the cattle futures scandal relevant is that Hillary Clinton received her trading advice from Tyson Food's outside counsel. 6 Nov 2015 Hillary Clinton had no commodities trading experience when she entered the market. Nor did she have any specialized knowledge of the cattle 7 Nov 2016 For one thing, at the time the minimum margin requirement on a single cattle futures contract was US$1,200, meaning Clinton's account must
31 Mar 1994 Clinton took surprisingly large positions in cattle futures, earning one-day profits as high as $30,000. Had the market moved the other way, she
momentous financial events of our century--including Leo's role as advisor to the White House after the Hillary Rodham Clinton cattle futures trading episode. 3 Jun 2016 Can Trump use the scandals of Clinton's past to destroy her? Vince Foster, Cattle Futures, Whitewater . the narrator recalls being told by a lawyer who'd left his trade that “the one benefit of those wasted years was that he 13 Apr 2015 Some of these efforts were successful. Guided by her friend Jim Blair, an experienced commodities trader, Hillary began investing in cattle futures
30 Jul 2013 CATTLE FUTURES. Fox News' Steve Doocy and John Fund Falsely Suggested Clinton's Stock Market Success Was Improper. From Fox
Many of the younger generation are unaware of the “1st financial felony” committed by Hillary Clinton, and how she got away with it. This was the “Cattle Straddles” incident, where Ms. Clinton took $1000 and by investing in Cattle Futures, generated profits of $100,000 in a short time. Hillary Clinton. In 1978, Clinton was a lawyer earning US$24,250 a year, with a husband who took home US$26,500 from his job as Arkansas attorney general. Yet in October that year she deposited US$1,000 with the now defunct brokerage house Refco to open a futures trading account, Clinton made dramatic gains by investing in live cattle futures, which are contracts linked to an anticipated future value of 40,000 pounds of slaughter-ready beef cattle. Commodity trading is generally thought to be extremely risky, because if the market goes down, an investor can be liable to come up with the full amount.