Hillary Rodham Cattle Futures Controversy
In 1978 and 1979, lawyer and First Lady of Arkansas Hillary Rodham 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 Hillary Rodham 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, allegations that Clinton strongly denied. There were no official investigations of the trading and Clinton was never charged with any wrongdoing.
Read more about Hillary Rodham Cattle Futures Controversy: Trades and First Exposure, Likelihood of Results, Merc and Melamed Investigations, Clinton Responses, Official Findings
Famous quotes containing the words hillary rodham, hillary, rodham, cattle, futures and/or controversy:
“What you don’t understand about this town is that they can fight about issues all they want, but they don’t really care about them. What they really care about is who they sit next to at dinner.”
—Anonymous “Prominent Woman,” Washington, DC, socialite. As quoted in The Agenda, ch. 20, by Hillary Rodham Clinton, to Bob Woodward (1994)
“What you don’t understand about this town is that they can fight about issues all they want, but they don’t really care about them. What they really care about is who they sit next to at dinner.”
—Anonymous “Prominent Woman,” Washington, DC, socialite. As quoted in The Agenda, ch. 20, by Hillary Rodham Clinton, to Bob Woodward (1994)
“Being a [Chicago] Cubs fan prepares you for life—and Washington.”
—Hillary Rodham Clinton (b. 1947)
“They may bring their fattest cattle and richest fruits to the fair, but they are all eclipsed by the show of men. These are stirring autumn days, when men sweep by in crowds, amid the rustle of leaves like migrating finches; this is the true harvest of the year, when the air is but the breath of men, and the rustling of leaves is as the trampling of the crowd.”
—Henry David Thoreau (1817–1862)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)
“Ours was a highly activist administration, with a lot of controversy involved ... but I’m not sure that it would be inconsistent with my own political nature to do it differently if I had it to do all over again.”
—Jimmy Carter (James Earl Carter, Jr.)