Mrs Clinton In Big Profit Claim

The Age

Wednesday March 30, 1994

Washington, Wednesday.

Mrs Hillary Clinton, acting on the advice of a commodities broker who was later barred from trading for ethical reasons, turned a $1000 stake into a $99,000 profit in less than a year in the late 1970s, the White House disclosed yesterday.

Officials said there was nothing improper in Mrs Clinton's speculation in cattle futures and other commodities. Mrs Clinton bailed out of the high-risk venture 10 months after she started because, according to an aide, she became pregnant.

The disclosures raised new questions about Mrs Clinton's relationship to the commodities broker Robert ``Red" Bone, who was disciplined by market regulators for ``serious and repeated" violations of exchange rules before and after Mrs Clinton opened her commodities trading account with him. - Los Angeles Times

© 1994 The Age

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