Quote:
Originally posted by Mmmm, Burger (C.J.)
It's not insider trading. The mechanism is simple--take positions on a regular basis during periods of fluctuations. Some positions will go up; others will go down. Net they'll probably wash, or go down slightly (transaction fees). Change the name on one account, with post-dating. If you do it right, it's the one that goes up. Nothing illegal about it from a trading perspective. The claim of smell related to someone doing her a favor--i.e., it was a campaign donation in disguise. And by "campaign donation" I mean a thank you to her husband for some favorable legislation. And by "thank you" I mean payoff. So it might violate RICO or some state contributions law, but it's not a securities violation.
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And nothing that anyone has developed any evidence of beyond what the Clintons' political adversaries smell.
Sheesh. You folks make the JFK theorists look reasonable.
