Sokol bought Lubrizol for his own account because he liked the business and thought it was attractively priced.
While he was trading on the information for himself and Lyford Cay fund, a Bear Stearns colleague, Robert Babcock, 33, figured out the trading patterns and began to mimic Franklin's trading for his own account.
It seemed reasonable for him to account for his own expenses and set up his own SEP pension plan.
FORBES: Even Consulates Have Independent Contractor Problems!
For instance, Bill Gates used to have his own personal account until a year ago, when he gave up because he had 10, 000 people requesting to be his friend and found it too time-consuming.
As senior trader for MF Global, Grady runs an operation that executes orders for brokers in gold, silver and copper, as well as trading his own account.
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But it is profoundly embarrassing for him that it was not till the end of 2010 that - on his own account - he began to learn of the scale of malpractice at newspapers that were his responsibility.
But it takes some explanation beyond the usual bruises of political life to account for the full extent of Mr Mandelson's isolation within his own party and the venom he arouses.
But Edin Dzeko, Wolfsburg's second-highest scorer last season, opened his account for this campaign in the 73rd minute and Pierre Wome put through his own net 60 seconds later.
Indeed, the previous paragraph is lifted almost word for word from Richard Crossman's account of how he thought things stood in 1963, even before his own frustrating experiences in Harold Wilson's cabinet.
Whether either should have been at risk at all is another matter: Gordon Brown, Britain's finance minister, having beaten off commission criticism of his own spending plans, said there was growing support for a less mechanistic view of the stability pact, taking greater account of the economic cycle and of the levels of investment and public debt.
ECONOMIST: Germany escapes an EU reprimand for its big budget deficit
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