PrintMarch 29, 2008
Questioning Chelsea
Chelsea Clinton took offense when questioned about her mother's reaction to the Monica Lewinsky affair, claiming it was a personal matter. Okay, let‘s ask Chelsea about Mom‘s cattle futures trading. Chelsea has been employed in hedge funds, so she can be assumed to have a basic understanding of the margin call.
Wikipedia states:
"For example, she 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.[9]"
So Chelsea, given the current financial difficulties created by undercapitalized financial novices in the mortgage market, do you think it wise to have as President someone who allowed her broker to make trades on her behalf in violation of federal law requiring adequate margin? Your Mom got to play in the futures market without being required to ante up: is that how we can expect a Clinton Administration to regulate the financial markets?
To comment on this or any other American Thinker article or blog, you must be a subscriber to our ad-free service. Login to your subscription to access the comments section. You can subscribe on a monthly basis for $6.79 a month or for a year at $69.99
Login
Subscribe / Change PwdAd Free / Commenting Login
FOLLOW US ON
Recent Articles
- How the Fate of the West is Tied to the Fate of the Jewish Nation
- Green Cards, Student Visas and Domestic Terrorists
- Maybe the Little Things and Little People Matter
- The FBI Must Investigate Itself And, Once Cleaned, Several Other Political Crimes
- The Danger of Going Hungry
- The Tariff Is a Weapon
- Trump-O-Phobia Drives Some Americans to Questionable Greener Pastures Overseas
- A Businessman and a Brilliant Strategist
- A Remarkable Headline for a Fascinating Story
- Democrats Unmask Themselves
Blog Posts
- At Columbia, the janitors held hostage by pro-Hamas mobs strike back
- San Francisco Pride hemorrhages corporate dollars, will ‘make do’ with tight budget
- California's Newsom asks for a second bailout of $2.8 billion to cover 'free' health care for illegal aliens
- Null and void: Autopen misstep means arrests are now on the table
- Stephen Miller’s interview with Kasie Hunt reveals Dem’s abysmal constitutional ignorance
- RICO must make its debut in the Holy Land
- Looking for votes in all the wrong places
- A brief historical view of tariffs
- Will Trump be the next Andrew Jackson?
- Miserable Dems at the Kennedy Center
- Leftists are dragging us through the worst parts of their ‘Groundhog Day’
- Democrats smashed on the rocks
- Britain's lamest hour
- Illegals working for Congress — addendum
- Hills to Die On: Democrats know how to pick 'em