Accused D.C. call-girl madam also a stock picker

[Joanne98]

Source: Reuters

WASHINGTON (Reuters) - The woman accused of running a prostitution ring serving Washington's elite, including at least one U.S. government official, also appears to be something of a stock picker.

The woman, Deborah Jeane Palfrey, asked a federal judge on Monday for permission to sell almost 5,000 shares of Dolby Laboratories Inc. that were in an account frozen by the government because she believed the stock had reached its high point.

"I believe it's reached its peak," she told Judge Gladys Kessler. Palfrey said she bought the shares in the sound system firm at about $22 a share. "I don't want to see it waste away," she said, facing an expensive trial with most of her assets frozen.

Dolby was at about $37 a share on Monday morning, a possible pre-tax profit of $75,000.




Read more: http://www.reuters.com/article/topNews/idUSN3043095920070430

[benddem]

1. tips from her clients?

A little insider trading for your favorite hostess. Hmmmm

[Joanne98]

2. That's what I was thinking.

[mahatmakanejeeves]

3. Well, we probably both got

a decline in our portfolios.

[youngdem]

4. Insider info from clients, no doubt.

[Lone_Star_Dem]

5. I bet anyone that gave her bad info is regretting it right about now. n/t

[Joe Bacon]

6. She blinded me with science...

:-)

[Vogon_Glory]

7. Things That Right-Wingers Really HATE

We ought to make a list of things that right-wingers hate. One is public enterprises that generate a profit for the government and taxpayers.

Another seems to be "sinful women" getting rich on the basis of their brains and not what they do with the mouth or on their backs.

Looks like Ms. Palfrey was a good stock picker. I'd bet that she was also a better businesswoman than Dear Leader was back when he was in the private sector.