Wouldn't you really rather have a Buik?

David Buik, the genial media star and market commentator at money broker BGC, is in his usual entertaining form during his daily email dispatch to the City today. "Judy Wallman, a professional genealogical researcher, discovered that Hillary Clinton's great-great uncle, Remus Rodham, was hanged for horse stealing and train robbery in Montana in 1889," Buik confidently begins.

"The only known photograph of Remus shows him standing on the gallows. On the back of the picture is this inscription: 'Remus Rodham; horse thief, sent to Montana Territorial Prison 1885, escaped 1887, robbed the Montana Flyer six times. Caught by Pinkerton detectives, convicted and hanged in 1889'."

"Judy e-mailed Hillary Clinton for information about her great-great uncle. Hillary's staff sent back the following biographical account: 'Remus Rodham was a famous cowboy in the Montana Territory. His business empire grew to include acquisition of valuable equestrian assets and intimate dealings with the Montana railroad. Beginning in 1883, he devoted several years of his life to government service, finally taking leave to resume his dealings with the railroad."

"In 1887, he was a key player in a vital investigation run by the renowned Pinkerton Detective Agency. In 1889, Remus passed away during an important civic function held in his honour when the platform upon which he was standing collapsed'."

"NOW THAT is how it's done folks!" says Buik. "THAT is SPIN."

Really? Others seem to believe it's a very old urban myth.