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former9thward

(33,424 posts)

31. Hilliary Clinton made her money the old fashion way -- cattle futures!

Tue Jul 22, 2014, 05:16 PM

Jul 2014

She turned $1000 into $100,000 in 10 months by trading cattle futures with the help of a "friend" and "reading the Wall Street Journal."

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, according to trade records the White House released yesterday.

The computerized records of her trades, which the White House obtained from the Chicago Mercantile Exchange, show for the first time how she was able to turn her initial investment into $6,300 overnight. In about 10 months of trading, she made nearly $100,000, relying heavily on advice from her friend James B. Blair, an experienced futures trader.

http://www.washingtonpost.com/wp-srv/politics/special/whitewater/stories/wwtr940527.htm

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Hillary Clinton is rich. She is not Mitt Romney rich. [View all] ErikJ Jul 2014 OP

Her cars have to use the stairs? NightWatcher Jul 2014 #1

Ba da� Jackpine Radical Jul 2014 #6

DUzy! KamaAina Jul 2014 #12

Bill and Hillary's net worth is $101.5m LittleBlue Jul 2014 #2

She's making Romney's mistakes, though Warpy Jul 2014 #3

Bingo. Anyone playing this game is wrong. DirkGently Jul 2014 #26

To be fair ... 1StrongBlackMan Jul 2014 #34

Agree it was a careless exaggeration. Unfortunately for her, DirkGently Jul 2014 #36

My only concern for HRC is ... 1StrongBlackMan Jul 2014 #37

And no matter the legitimacy of the criticisms, some will support her. DirkGently Jul 2014 #45

True ... 1StrongBlackMan Jul 2014 #46

I don't dislike rich people. I dislike rich people who screw the poor like Romney Lex Jul 2014 #4

RW rich want their taxes cut vs LW rich who dont ErikJ Jul 2014 #7

As others are saying, I actually like rich people. My experiences with them closeupready Jul 2014 #5

Oh wait - this is from the Washington Post, Beltway Bubble Bible. closeupready Jul 2014 #8

The problem is not how rich she is. the problem is how poor she claimed to be CBGLuthier Jul 2014 #9

But they WERE in debt to lawyers which can be scary even for very rich. ErikJ Jul 2014 #10

When you owe $12M and do not have even 20% of it, then you are broke. Beacool Jul 2014 #19

Well they made up for lost time didn't they? former9thward Jul 2014 #28

Yeah, they made money. Beacool Jul 2014 #39

Doesn't bother me. former9thward Jul 2014 #44

You don't need to buy a house in New York State to run for Senator. closeupready Jul 2014 #29

I see, a former WH couple should just trent a railroad apt. in the Bronx. Beacool Jul 2014 #40

Thank you ... 1StrongBlackMan Jul 2014 #35

They were broke because they owed millions of dollars and they didn't have the money. Beacool Jul 2014 #41

Yes it is ... 1StrongBlackMan Jul 2014 #47

She is still richer then I ever expect to be n/t Lurks Often Jul 2014 #11

How rich were they before Bill became president? IronLionZion Jul 2014 #13

They had trillions (aka 4,500 dollars in liquid cash) says the haters uponit7771 Jul 2014 #22

Not rich at all. But they were well off for Arkansas, pnwmom Jul 2014 #24

Wealthy politicians, 'relating' to the working classes leftstreet Jul 2014 #14

like FDR - what ever happened to him? Or Jack Kennedy? rurallib Jul 2014 #30

What does that have to do with me or anyone else besides the Clintons? n/t Dawgs Jul 2014 #15

GOP now heavily using Hillary's wealth to "tarnish" her as a 1%er ErikJ Jul 2014 #16

I believe she is still out of touch bigwillq Jul 2014 #17

You gonna stay home then like the GOP wants you to? ErikJ Jul 2014 #18

Nope. I have never missed an election bigwillq Jul 2014 #21

I'd prefer Warren but GOP propaganda machine attacking her wealth too. ErikJ Jul 2014 #25

I want Warren to stay in the Senate bigwillq Jul 2014 #27

I copletely agree ... 1StrongBlackMan Jul 2014 #38

She's not out of touch, could care less if she's rich... she can relate at some level to the rest of uponit7771 Jul 2014 #20

it's not the Clinton's wealth that's the dealbreaker for me. it's their 3rd Way, neolib, politics. Tierra_y_Libertad Jul 2014 #23

Hilliary Clinton made her money the old fashion way -- cattle futures! former9thward Jul 2014 #31

She's rich. He's wealthy CincyDem Jul 2014 #32

all our politicians are rich. nt La Lioness Priyanka Jul 2014 #33

This message was self-deleted by its author 1000words Jul 2014 #42

To put it simply... Iggo Jul 2014 #43

Once your net worth is over $100 million, Jenoch Jul 2014 #48