1) Cattle Futures Trading Scandal
Considering Bill Clinton’s seemingly endless series of sensational sex scandals during the 1990s, it is easy to understand why people forget that Hillary Clinton’s was caught in extremely irregular and improbably lucrative trading in commodity futures. The New York Times and Washington Post both reported extensively on the First Lady’s improper cattle futures trades, which netted her an incredible $98,540 return on a $1,000 investment. Decades later, this seems like an insignificant amount, but this ‘windfall’ netted the Clintons more than Bill and Hillary’s combined annual income.
Clinton received trading advice from outside counsel for Tyson Food, a major Arkansas agricultural producer. This advice, along with improperly executed trades, resulted in first-time investor Hillary receiving extraordinary profit on the investment in suspicious circumstances. Why would Tyson ‘help’ Clinton this way?
The Times reported, “During Mr. Clinton’s tenure in Arkansas, Tyson benefited from a variety of state actions, including $9 million in government loans, the placement of company executives on important state boards and favorable decisions on environmental issues.”
Tyson could not legally compensate the Clintons via a campaign contribution to Bill Clinton because that would have violated contribution limits. If you think this activity foreshadows the same pattern of behavior as Clinton’s more recent 7-figure speaking fees, you are seeing the point that was forgotten, swept aside since the 1990s, in the wake of Bill’s notorious sexual misconduct and Whitewater scandals.
But what about Bill Clinton’s sex scandals? Was Hillary involved with those? Find out next: