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Politics : Clinton's Scandals: Is this corruption the worst ever?
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To: j g cordes who wrote (4326)9/9/1998 8:58:00 PM
From: Sam Citron  Read Replies (1) of 13994
 
Grand juries are simply fishing expeditions to determine whether there is enough credible evidence on which to base a prosecution. They are not like trials, which demand that defendants have the constitutional right to defend themselves, inter alia, by impeaching the credibility of witnesses. Now impeachment proceedings aren't a full trial either, and the constitutional rights of defendants to these actions are a bit more vague. This is why the White House wanted time to issue its report before the public gets Starr's report and screams, "Quel horreur!"

But what really matters to the investor or the market historian is simply where did the market bottom in '74. I believe it did not bottom until Nixon resigned. That was the first time the All Clear was sounded.

Sam
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