Hillary Rodham Cattle Futures Controversy - Clinton Responses

Clinton Responses

Hillary Clinton's defenders, including White House Counsel Lloyd Cutler, maintained throughout that she had made her own decisions, that her own money was constantly at risk, and that she made both winning and losing trades throughout the ten months. Regarding suggestions that Blair had favored Clinton so that Tyson Foods could gain influence with Governor Clinton, they pointed out that Tyson had, in fact, later opposed Clinton during his 1980 re-election bid, an observation the First Lady had also made at her news conference.

Clinton's defenders also stressed that Blair and others stayed in the market longer than Rodham and lost a good amount of what they had earlier made later that summer and fall, showing that the risk was real. Indeed, some reports had Blair losing $15 million and Bone was reported as bankrupt.

Read more about this topic:  Hillary Rodham Cattle Futures Controversy

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