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Old 09-19-2005, 04:08 PM   #388
taxwonk
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Penalizing the Cops

Quote:
Originally posted by Penske_Account
This hypo sounds far-fetched, I am not sure it could ever happen irl. Isn't more likely that a first time investor could just get lucky and make outsized profits in a very short period in the complex world of the commodities markets, cash out on a high and then never trade in such instruments again? The latter seems more like the common fact pattern to me.
I'm fairly certain that in the political world, a former hot-shot ex=President or former Secretary or other adminstration insider would stay away from risky things like commodities in the future and go with sure-fire investments like laundering money for the Saudis through the Carlyle Group, or hitting the lecture circuit at $50 grand a pop. Why risk your money in futures when folks are falling all over themselves to hand it to you risk-free?
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