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Path: news.alt.net!news1.alt.net!su-news-hub1.bbnplanet.com!cpk-news-hub1.bbnplanet. From: jqp@globaldialog.com Newsgroups: alt.current-events.clinton.whitewater,alt.politics.clinton Subject: WHITEWATER: THE CONSPIRACY OF SILENCE Date: Mon, 18 Aug 1997 16:49:07 GMT Organization: A~ USENET --http://www.Supernews.com Message-ID: <5t9ubd$ds9@usenet79.supernews.com> NNTP-Posting-Host:.156.46.122.239 X-Newsreader: News Xpress 2.01 X ref: news.alt.net alt.current-events.clinton.whitewater:194170
http://citizensunited.org/cu/ww/monograph/

alt.politics.clinton

WHITEWATER: THE CONSPIRACY OF SILENCE A Citizens United Monograph

THE EARLY YEARS

The seeds of the Whitewater scandal were planted in the late 19705. In August 1978, Bill clinton, who was then Arkansas attorney general, and his wife, Hillary Rodham, joined James McDougal and his wife, Susan, in purchasing a 230+ acre tractof land located south of Crooked Creek and west of the Whi4e River in Marion County, Arkansas.1 Jim McDougal and Bill Clinton were long-time friends, having met when they worked together on Senator J. William Fulbright's (D-AR) staff in Washington, D.C. in the late 19605.2 NO MONEY DOWN The Clintons and McDougals purchased the Whitewater tract from 101 River Development, Inc. for $202,611.20. The purchase was financed by a $186,611.20 mortgage through the Citizens Bank & Trust Company.3 The bank's president, James Patterson, Jr., was also corporate secretary of 101 River Development, Inc.4 The mortgage suggests the Clintons and McDougals made a $20,000 down payment on the property. However, re~ords indicate the down payment was financed by a $20,000 unsecured loan from Union National Bank of Little Rock which was personally signed for by Bill Clinton and Jim McDougal.5 In November 1978, Bill Clinton was elected governor of Arkansas. Shortly after taking McDougal his top economic advisor.6 $48,000 PAPER PROFIT to his office, first term as Clinton made Jim

In June 1979, the Clintons and McDougals formed the Whitewater Development Company, Inc. (WDC) .7 The primary objective of WDC was "[t]o engage in the business of owning, selling, developing, managing and improving real property. "8 On September 30, 1979, the two couples sold their interests in the Whitewater land tr.act to their newly formed WDC.9 While the exact selling price has not been made public, real

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estate transfer tax payments suggest the price was in the neighborhood of $250,000.10 This would indicate a capital gain of about $48,000 for the Clintons and McDougals. However the gain appears to have been more a paper profit than a realized cash gain, as there are no publicly available records indicating a cash transfer from WDC to the Clintons and McDougals at the time of the property sale. In addition, the Clintons and McDougals remained personally obligated for the mortgage on the tract. 19805: DECADE OF GREED IN ARKANSAS

Although Bill Clinton was Arkansas' leading political figure throughout the 19805, his political career received a serious jolt when he lost his campaign for re-election during the Reagan landslide of 1980. As was the case with many Democrats, liberalism and high taxes were major factors in Clinton's humiliating defeat at the polls. After leaving office, Clinton joined the Little Rock law firm of Wright, Lindsey & Jennings where he practiced law and planned his political comeback.11 With Bill Clinton out of office, Jim McDougal left go into the banking business. He purchased Madison Kingston, Arkansas, which he later renamed Madison
UNUSUAL LAND TRANSACTIONS

state Bank Bank

government & Trust of & Trust.12

to

1980 also saw a series of unusual transactions involving and McDougal-owned Whitewater Development Company.

the

Clinton

October 14, Whitewater lot #7, which was described as "its best of land," was sold to Chris V Wade &Associiites (a.k.a. Ozarks Co.) for approximately $2,000. The next day, Chris V Wade & resold the lot for approximately $35,000,13 a profit of 1,650 percent in just 24 hours. Adding to the intrigue of this series of transactions is Chris Wade's relationship with the Clintons and McDougals. Wade was the real estate agent who represented the two couples in their Whitewater venture.14 Moreover he has publicly disputed the Clintons' claim that they lost money on their Whitewater investment.15 Another extraordinary transaction involved Hillary Clinton, then known as Hillary Rodham. On December 16, McDougal's Bank of Kingston loaned Hillary $30,000 to build what was called a "model home" on WDC lot #13.16 On December 28,lot # 13 was transferred from WDC to Hillary Rodham.17 The next day, $30,000 was deposited in the WDC account at the Bank of Kingston.18 While a home was eventually built on lot #13, it apparently was not a "model home." On November 10,1981, Hillary Rodham sold lot #13 and the home to Mr. Hillman Logan for $27,500.19 It is u~clear from publicly available documents whether Hillary suffered an actual loss on this series of transactions or whether her paper loss was somehow covered by WDC. It is known that as late as January 8, 1982, WDC made a $6,361.65 interest payment on Hillary's loan to Madison Bank & Trust (the Bank of Kingston having been renamed by Jim McDougal) .20 Hillary was receiving reimbursement for 1983 property tax payments on the lots as late as November 1984.21 Additionally, bank records indicate that the $30,000 model home mortgage was not fully paid off until October 19, 1983, almost two years after Hillary sold thelot.22 The mortgage pay-off was apparently made possible by a $20,800 personal loan to Bill Clinton from the Security Bank of Paragould. The check was made payable to Madison Bank & Trust and noted as "loan proceeds for Gov. BillClinton."23
JIM MCDOUGAL BUYS THE PIGG YBANK

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Hillary was not the only member of the Clinton household to receive credit from McDougal's bank. On February 20, 1982 ,Bill Clinton wrote personal check for $20,744.65 to Madison Bank & Trust. A notation in the lower left-hand comer of the check reads, "Re-payment of loan."24

The Lyons report, issued by Bill Clinton's 1992 presidential campaign for damage control, apparently included this loan as part of the Clintons' Whitewater investment. It accounted for a large portion of the nearly $70,000 loss the Clintons were claiming. But during his March 25, 1994 news conference, President Clinton said he now recalls that the loan was actually for a cabin built for his late mother.25 It is hard to imagine that someone who had been earning about $35,000 before taxes would not remember making a $20,800 loan to his mother. In any case, this particular loan had nothing to do with Whitewater and should not have been listed as part of the Clintons' capital investment. 1982 was also the year Jim McDougal purchased Madison Guaranty Savings & Loan (Madison S&L), which should not be confused with the McDougalowned Madison Bank & Trust.26 At the time, Madison S&L had approximately $6 million in liabilities. By 1985, however Madison S&L liabilities had grown to more than $123 million, due largely to speculative real estate loans.27 The S&L was shut down by federal regulators in 1989 at a cost to taxpayers of approximately $60 million.28 CLINTON STAGES POLITICAL COMEBACK

In November 1982, Bill Clinton made his political comeback by winning the governorship by a 55-45 percent margin, becoming the first Arkansas governor to regain the office after losing it in a prior election. But Jim McDougal was not so lucky. He lost his bid to win a seat in Congress to long-time GOP incumbent John Paul Harnrnerschmitt. By 1983, Capital Management Services, Inc. (CMS), a federally insured small business investment company owned by judge David Hale, had begun making sizable loans to members of the Arkansas political elite and their friends. On September 16, a $50,000 loan was made to County Cable, Inc., a company owned and operated by Jim Guy Tucker.29 On November 30, an additional $50,000 CMS loan was issued to County Cable.30 The problem with these seemingly innocent loans is that Capital Management Services was licensed by the Small Business Administration (SBA). As such, it was limited to lending to businesses that were socially or economically disadvantaged. A man of considerable personal wealth, Jim Guy Tucker was hardly qualified to receive these loans. Tucker is currently governor of Arkansas, having moved up from the position of lieutenant governor following Bill Clinton's election to the presidency. At the time of the CMS loans, Tucker was a partner in the law firm of Mitchell, Williams, Selig, Jackson & Tucker,31 a law firm that also served as legal counsel to Madison S&L. The attorney who performed the bulk of the fires legal work for Madison was none other than Beverly Bassett Schaffer, whom Gov. Clinton would later appoint as head of the Arkansas Securities Commission.32 In addition to the CMS loans, Tucker also secured business loans from Madison S&L.33 S&L, By 1984, accounts DEPOSITORS COVER WHITEWATER OVERDRAFTS WDC had begun running at both Madison Bank negative balances in its checking & Trust and Madison S&L. According

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Congressman Jim Leach (R-IA), ranking Republican on the House Banking Committee, these overdrafts often resulted from payments on loans for which Bill and Hillary Clinton were personally liable.34 For example, on October 4, 1984, WDC made a $4,811.19 payment on a personal loan of Bill Clinton's from the Security Bank ofParagould.35 This was the unsecured personal loan used to payoff the balance on the Whitewater lot # 13 mortgage for which Hillary Clinton was personally liable. Documents indicate that $2,811.19 of this payment was for interest, which the Lyons report concludes the Clintons inadvertently deducted from their personal taxes.36 Check stubs from the WDC account indicate the payment resulted in an overdraft of more than $2,900.37 On November 11, 1985, WDC made a$7,322.42 payment on a Bill Clinton loan from Security Bank of Paragould. However this payment was drawn on WDC's account at Madison S&L, resulting in a $7,309.93 overdraft in the account. 38 The check was covered the following day bya $7,500 deposit from Madison Marketing.39 On paper, Madison Marketing was owned and operated by Susan McDougal. But in reality it appears that it was an arm of Madison S&L and its subsidiary, Madison Financial Corporation. Like her husband, Susan McDougal served on the Madison S&L Board of Directors. In fact, Susan served as the S&L corporate secretary and treasurer. 40 According to a 1986 report of the Federal Home Loan Bank Board (FHLBB),Madison Marketing was set up for the sole purpose of handling advertising for Madison S&L and Madison Financial Corporation, Madison Marketing's only clients.41 Beginning in 1983, more than $1.5 million was funnelled through the S&L and its subsidiary.42 Approximately $200,000 of this amount was for the so called services of Madison Marketing, which, according to the FHLBB report, amounted to little more than adding its 15% fee to the bills of various advertising venders and passing them along to Madison S&L.43 Additionally, Rep. Leach says records on file with the Arkansas secretary of state indicate that on July 26, 1986, Madison Financial Corporation filed an application for registration to do business under the name "Madison Marketing." Rep. Leach contends it is likely that this filing was prompted by the FHLBB report which cited Madison Financial Corporation for having failed to register as doing business under a fictitious name. 44 According to Rep. Leach, this interwoven relationship between Madison Marketing, Madison Financial Corporation, and Madison S&L provides an illustrative example of how Madison S&L depositor funds were used to cover WDC overdrafts resulting from WDC's payments on loans for which the Clintons were personally liable.45
FEDERAL REGULATORS EYE MADISON S&L

As mentioned above, federal regulators issued their first report January 20, 1984, raising serious questions about the financial stability of Madison S&L. The FHLBB report concluded that:

on

The viability of the institution is jeopardized through the institution's current investment and lending practices in real estate development projects. There is a concentration of assets and loans in land and development type properties. Prudent investment practices have not been utilized in development projects and poor loan underwriting is characteristic of loans originated. These long-term investments and loans have been funded with short-term brokered deposits. Substantial profits from the service corporation on the sale of real estate owned have been improperly recognized. Such profits were recognized as a result of contract sales and submarket interest rates. Correcting entries will adversely affect the net worth and result in an insolvent position.46

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The report was especially critical of the S&L's management and its Board of Directors, citing its "limited savings and loan industry background. "47 The report pointed out that no one in the S&L top management had any S&L experience prior to joining Madison. Federal auditors warned that the operations and activities of the S&L "warrant close supervisoryattention."48 HILLARY TO THEIRESCUE
~ eaction places. to Hillary the FHLBB Rodham report of the was to powerful seek help Rose from Law his Firm

Jim McDougal's
friends in high

was eventually laced on a $2,000 per month retainer by Madison S&L. According to Mc ougal, this financial arrangement was made through Gov, Clinton, who st pped by the S&L during his morning jog through Little Rock. Hillary's :principal role was to deal with the state securities commission, whidh, by then, was scrutinizing the S&L finances.49 There is anothe ~ side to this transaction. According to published reports, McDoug 1 claims that he put Hillary on retainer solely to augment the Cli tons' financial situation: "I asked him how much he needed, and Cli ton said 'about $2,000 a month'... I hired Hillary because Bill ca e in whimpering they needed help. "50 Meanwhile, Gov. election campai time, was under campaign aide, Smith's bank 10 was easily re-e In addition to loaned money to investment. On Bank of Cherry a $9,162.53 ove account. 52 FRIENDS IN HIG~ Clinton needed an infusion of cash to finance his ren. Instead of turning to Madison S&L, which, at the oing intense scrutiny, Clinton turned to his senior aurice Smith, who owned the Bank of Cherry Valley. ned Clinton $50,000.51 In November 1984, Gov. Clinton ected with 64% of the vote. he campaign loan, the Bank of Cherry Valley apparently help underwrite the Clintons' and McDougals' Whitewater ecember 4, WDC made a $3,276-18 loan payment to the alley. WDC check stubs indicate the payment resulted in draft in the company's Madison Bank & Trust checking

PLACES

On January 16, ~985, while the Arkansas State Securities Commission was investigating M~dison S&L, Gov. Clinton appointed his close friend Beverly Bassett ,Schaffer to serve as Arkansas State Securities Commissioner. 53 !Ms. Schaffer had served as legal counsel for Madison S&L when she wo~ked at the law firm of Mitchell, Williams, Selig, Jackson &Tucker.! McDougal claims that he recommended to Gov. Clinton that Schaffer be appointed to this position.54 On March 1, Mad'son S&L's accounting firm, Frost & Company, issued a report claiming the S&L was. actually solvent. The Frost report claimed that as of Dece er 31, 1984, Madison had assets of $48,961,154 and liabilities of$48,818,206. The S&L was reported to have a net worth of $142,948.55 The Frost report was a major tool used by Hillary Clinton in persuading B verly Bassett Schaffer and the State Securities Commission to a]low Madison S&L to remainopen.56 Coincidentally, Frost's chief a~ditor on the Madison project, James Alford, had two outstanding loaqs at Madison at the time. Soon after the ~ rost report was issued, Gov. Clinton appointed Madison S&L CEO, John L tham, to the state's Savingsand Loan Board.57 The appointment fol owed a strong recommendation from Jim McDougal, who referred to Mr. Lathamas "a major contributor to your campaign."58 In 1989, Latham pl aded guilty to falsifying Madison's records.59

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In 1985, Hillar in to represent offering. 60 On proposal to Ms. failure from a Schaffer inform accepted the Ro the public stoc

Clinton and the Rose Law Firm were officially brought Madison S&L with its proposal for a public stock pril 30, Hillary presented the S&L's recapitalization Schaffer.61 Despite warnings of the S&L's impending tate Securities Commission member, on May 14 Ms. d Hillary Clinton that the plan was approved, having e Law Firm's legal analysis of the proposal.62 However offering was never implemented.

On April 3, JimlMcDougal withdrew approximately $30,000 from the WDC account at Madi~on S&L, calling it a "loan repayment." The withdrawal caused a $28,00q overdraft in the WDC account.63 On April 17, Madison's real estate sub i idiary, Madison Financial Corporation, covered the deficit by auth rizing the deposit of Jim McDougal's $30,000"annual bonus" to the W C account.64 MADISON DEPOS~TORS BAIL On the day afte Madison S&L, Mc approximately $ 1984 campaign 1 the reported co contribution th records, Rennet credited with a cashier's check. However, Mr. Pe at Madison S&L claims to have that have come to the late Dea $3,000 contribu Washington Post believes as muc to the 1984 Cli OUT CLINTON CAMPAIGN

his withdrawal of $30,000 from WDC's account at ougal hosted a fund-raising event which raised 0,000 to help Bill Clinton repay the balance on his an from the Bank of Cherry Valley. 65 At least one of tributors to this fund-raiser denies having made the t bears his name. According to Clinton campaign Peacock, then a 24-year-old college student, was $3,000 contribution made in the form of a Madison S&L 66 Mr. Peacock denies having made thiscontribution.67 cock's father Charles Peacock, who was a major borrower nd at onetime served on the S&L's Board of Directors, ade the loan in his son's name.68 Other contributions nder scrutiny include a $3,000 contribution attributed Landrum, who was an employee of Charles Peacock, and a ion attributed to Jim McDougal's wife, Susan.69 The reported that the Resolution Trust Corporation (RTC) as $60,000 in Madison S&L depositor funds was dive~ted ton campaign.70

On May 30, 1985lWhitewater's tangled web became even more complicated. WDC traded two ~ozen lots to Ozark Air Services, Inc. for an airplane purportedly val ed at $35,000.71 It was actually Chris Wade who gained possession of t e lots and Jim McDougal who gained possession of the airplane. "I ha an airplane and no money, and they had the lots," recalled Wade i a subsequent interview.72 McDougal eventually sold the airplane to a L'ttle Rock flying service. The following day, the flying service sold th plane to one of McDougal's employees, who reportedly financed the pu chase through MadisonS&L.73 Citizens United has been advised that th McDougal employee who purchased the aircraft was Seth Ward. Mr. Ward's the father-in-law of former Associate Attorney General Webster Hubbell, who resigned facing damaging disclosures related to his illing practices at the Rose Law Firm. Ward was also a member of the Bard of Directors of Madison Financial Corporation at the time that H bbell, as a partner at the Rose Law Firm, represented the RTC in reco ering depositor funds following the collapse of Madison S&L.74
A NEW PIGGY ~K COMES INTO PLAY

The airplane sa ~ e was not the only possible sweetheart deal involving Seth Ward or We ster Hubbell in 1985. Their Park-Q-Meter company (PQM) received a $2,750,000 loan through the newly-created Arkansas Development and Finance Authority (ADFA) .75 ADFA was set up by Gov. Clinton as a bo d agency to generate funds for small business loans to

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create new jObS ~ within the state of Arkansas.76 As one of the largest parking meter c mpanies in the nation, POM was clearly not a small business. ADFA ave many other such loans to business enterprises of the Clintons' f iends and associates, including Rose Law Firm attorneys and their famil'es. More than $2 mi ~ liOn in ADFA loans also went to Pine Bluff Warehouse, whose chairman as the father of former Rose ~aw Fir~ partner William H. Kennedy III, who currently serves as Assoc1ate Wh1te House Counsel.77 Addi ionally, Rose Law Firm attorneys provided a large portion of the egal work on many ADFA public bond offerings.78
JUDGE HALE TO ITHE RESCUE

David

Hale's

ca , ital
loans circle

taxpayer-funded Clinton's inner

Management to business of friends

Services was similarly ventures associated and political allies.

handing with Bill

out

Judge Hale says ~ that he was first approached about helping the Clintons with a loan in he latter part of 1985.79 Hale says Clinton later requested that MS loan money to Susan McDougal to help clean up Madison S&L's b oks prior to the scheduled visit from federal auditors. 80 i On April 3, 198 ~ ' Judge Hale came through. CMS made a $300,000 SBA loan to Susan McDoug 1 and her newest business venture, Master Marketing,81 which, accordin to a "Confidential Data" report, was a real estate brokerage and 1 nd development firm.82 Mrs. McDougal received the SBA loan, which, as in the case of Jim Guy Tucker and County Cable, should have been reser 1 ed for economically or socially disadvantaged
businesses. Thr e months before applying for the loan, the McDougals

estimated

their

assets

at

over

$3 million.83

The funds were upposed to have been used for various real estate development projects, none of which were related to WDC or Madison S&L financial probl ms.84 In fact, a large portion of the loans proceeds were used as a own payment by WDC to purchase a parcel of land from the Internation 1 Paper Company.85 WDC ultimately defaulted on this transaction and International Paper repossessed the property.86 The $300,000 taxpay~r-guaranteed CMS loan was neverrepaid.87 Meanwhile, the continued to es highly critical accused Mr. McD projects underw are considered relatives of em issued a cease federal savings regulators, Jim
Directors. 90

inancial problems of Jim McDougal and Madison S&L alate. On March 4, 1986, the FHLBB issued a second report on the S&L's financial status. The report ugal of "divert [ing] substantial amounts of funds [from itten wit Madison S&L loans] to himself and others, who o be insiders {relatives of Mr. McDougal employees, loyees and friends) ."88 In August, federal regulators nd desist order directing the S&L to comply with and loan regulations.89 Under pressure from federal
!McDougal was eventually removed from the S&L's Board of

In November 198 ~ , Bill Clinton was elected to fourth term as governor. He would not ha e to see re-election again until1990, as the governor's term had been e tended from two years to four years.91 GIVE ME THOSE IRECORDS NOW! While 1987 was ~ relatively significant Whi 1 ewater-related
at some point d ring the year

quiet
Hillary

year,

there
Clinton

was at
According demanded

least
to and Jim

one
McDougal, was given

development.

all

WDC records.

The McDougals

say

that

the

records

were

turned

over

to

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Hillary at the ~ overnor's mansion in Little Rock.92 But when the Whitewater stor first broke during the 1992 presidential campaign, the Clintons claime they did not have any files. Yet, as The Washington Post reported, q few weeks later "Clinton aides had assembled enough documentation t~ prepare a 'forensic accounting' of the venture and declare it a motiey-loser for the candidate and his wife."93 Despite the fac 1 that Jim McDougal had been removed from the Madison S&L Board of Di ectors, he and his wife were still the majority stockholders in the S&L. However, on June 1, 1988 they signed a proxy for the annual ~adison S&L stockholders meeting, giving their votes to David Hale's CMci.94 There is yet to be a public explanation for this
t ac O J-on. I i

On September 14, Whitewater lot of Hillman Loga in no way impli York Times, the $8,000for the 1 received about Hillary Clinton publicly availa capital gain of

Bill and Hillary Clinton regained ownership of 13 from the bankruptcy trustee representing the estate .95 On October 31 they sold the lot to a couple that is ated in the Whitewater scandal. 96 According to The New Clintons paid the bankruptcy trustee approximately t. But when they resold it six weeks later, they 23,000 after deducting closing costs.97 Even assuming lost $2,500 on her initial sale of the lot in 1981, le documents indicate the Clinton household netted a over $ 10,000 on all of their lot #13 transactions.

The series of urlusual dealings surrounding lot #13 is one of the many matters that ne~ds to be further investigated. These transactions not only raise ques ~ ions as to the truthfulness of the Clintons' claim that they lost money on their Whitewater investment, but they also appear to undermine the c uple's assertion that they were merely passive investors in WD. In late NOVembe~
that , Hillary grant Clinton her wrote power of to Jim and for Susan all McDougal matters

requesting

they

attorney

dealing with WD .98 There is no record of the with this reque t. All the same, like the lot request seems c~rious in light of the Clintons' were passive in~estors in the company. ! On December
Marketing 1989 the

McDougals having #13 transactions, assertion that

complied this they

7,

compa court

~ MS filed suit against Susan McDougal and her Master y to recover its $300,OOOdefaulted loan. On February ntered judgment against Mrs. McDougal and her

6,

company. 99 Judg recovered. 100

Hale

says

none

of

the

loan

proceeds

were

ever

FEDS SHUT DOWN THE PIGGYBANK In March eventually

on federal

1989 M~dison S&L was taken over by shut 1 down.101 Later in the year,
frau charges, but he was ultimately

federal
Jim

regulators
was at

and
indicted trial. As

McDougal acquitted

stated million.

earlier,

the

S&L failure

cost

taxpayers

an estimated

$60

Also in 1989, Rqse Law Firm attorneys Vince Foster and Webster Hubbell sought and obta ~ ned an FDIC contract to help recover lost depositor funds that resu ted from failed Arkansas S&Ls. Their efforts earned the firm over $400, 00.102 Among the cases ~;handled by the Rose Law Firm was the government's $10 million suit ag inst Madison S&L accounting firm, Frost & Co. Rose settled the cas for less than $1 million.103 Rose Law Firm a~torney Hillary Clinton had represented Madison S&L, and

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& Co. report in her dealings with the State she had used ~ h Frost Securities Co 'ssion to keep Madison S&L open in 1985. With a bigmoney contract t stake, the Rose Law Firm apparently saw no potential conflict of int~rest arising out of their representation of the government, desRite the fact that they had previously used Frost & representation of Madison S&L. Compounding this Co.'s work in t ~ eir potential confl'ct was the fact that from 1977 to 1983, the Clintons had been using rost & Co. for their personal taxes. But when it was irequested that they represent Rose attorneys ~ ad an ethical change of heart. Hubbell wrote a letter declining to represent conflict of int rest resulting from the firm's FDIC.I04 THE1990s:IT The Whitewater Clinton went ALL iCOMES UNRAVELED ~candal on Ito win lay dormant for the next a fifth term as governor two years as Bill in November 1990. Judge David Hale, the On June28 Webster Judge Hale due to a representation of the

PEOPLE IN GLASS !HOUSES. On October excoriating the nation's 3, 1~91 Bill Clinton announced his the iReagan and Bush administrations sa~ings and loan crisis. Clinton candidacy for president, over their handling of declared:

For twelve ye~rs of this Reagan-Bush era, the Republicans have let S&L crooks and ~elf-serving CEO's try to build an economy out of paper and perks inste~d of people and products. They stack the deck in favor of their friend~ at the top and tell everybody else to wait for whatever trickl~s down.l0S The Whitewater ~candal shows that Governor Arkansas cronie~ were aggressively engaged candidate Clintdn was vocally condemning.
THE COVER-UP I:IEGINS

Clinton in the

and his circle very activities

of that

On March 8, 199~, The New York Times broke the Whitewater scandal wide open. 106 The co~er-up began only days later. On March 23, Denver lawyer James Lyons pre~ared a summary of the Clintons' Whitewater finances . Wh1Ch came to b known as the Lyons report. It concluded that the Clintons lost $ 8,900 on their Whitewater investment.107 The day after the Lyons repor was released, Jim McDougal told Arkansas attorney Sheffield Nelso that the Clintons' claim of a huge loss was untrue. "I noticed that ar icle yesterday in the Post where some guy there just accepted the Cl'ntons' $68,000," said McDougal. "I could sink it quicker than they could lie about it if I could get in a position so I wouldn't have my head beaten off. And Bill knows that."108 McDougal has publicly stated that the Clintons invested no more than $9,000 into theventure.109 By fall, the RTC had formally requested that the justice Department investigate the failure of Madison S&L.110 Bill Clinton was elected president on November 3, 1992. The next month, Hillary Clinton's Rose Law Firm partner Vince Foster negotiated the sale of the Clintons' WDC interest to Jim McDougal for $1,000.111 On January 20, 1993 Bill Clinton was sworn in as the 42nd president of the United States. FOSTER SUICIDE Six months offices of later, Judge INVESTIGATION COMPROMISED to into search the the

on July 20, the FBI obtained a warrant David Hale as part of an investigation

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practices of CMS.112 Within hours of the warrant's signing, Deputy White House Counsel Vince Foster was found dead of an apparent suicide in Fort Marcy Park, just outside Washington, D.C.113 That evening, White House aides Patsy Thomasson and Margaret Williams, led by then White House Counsel Bernard Nussbaum, secretly searched Foster's office and removed key documents.114 When u.s. Park Police and FBI agents initially sought to enter Foster's office as part of their investigation into his death, they were prevented from doing so by Nussbaum.115 It was July 22, two days after Foster's death, before law enforcement officials were allowed to enter Foster's office, and then only while escorted by Nussbaum and a Foster family lawyer. At the time of the search, Nussbaum failed to disclose that he had already entered the office and removed documents.116 was buried in Hope, Arkansas on July 23. Nussbaum claims to have found scraps of a possible suicide note while going through Foster's personal belongings on July 26, six days after Foster's death. The note was withheld from investigators for another two days.117 On August 10, the justice Department concluded that Foster's death was a suicide.118
A FULL-FLEDGED SCANDAL

Throughout the month of September 1993, Judge Hale's attorney tried in vain to negotiate a deal with federal prosecutors in which his client would assist the government in unraveling the facts of the Whitewater scandal. 119 But Little Rock's newly appointed U.S. Attorney, Paula Casey, who had studied law under Bill Clinton and had volunteered in numerous Clinton gubernatorial campaigns, refused all offers.120 Ms. Casey eventually recused herself from Judge Hale's prosecution, but only after publicly indicting him and destroying his value as a prosecution asset. 121 On November 9, all Republican members of the House Banking Committee signed a letter to Committee Chairman Henry Gonzalez (D-TX) requesting Congressional hearings into the failure of Madison S&-L.122 Gonzalez refused to call hearings. Instead, he designated limited staff to collect information about the S&L.123 On December 6, it was reported that Vince Foster received two potentially important phone calls on the morning of his death. One call was from Denver lawyer James Lyons, the author of the 1992 report claiming the Clintons lost nearly$70,OOO on their Whitewater investment. 124 These second phone call was from Brantley Buck, a lawyer at the Rose Law Firm charged with investigating the billing practices of Webster Hubbell.125 It was not until December 21 that the White House publicly acknowledged that Whitewater-related documents had been removed from Vince Foster's office by White House staff.126 Two days later Clinton lawyer David Kendall requested that the justice Department formally subpoena these documents. 127 Under a subpoena, the documents became exempt from public release under the Freedom of Information Act and thus were not subject to media and public scrutiny.128 On January 2, 1994,White House aide George Stephanopoulos announced that all Whitewater files had been turned over to the Justice Department. The next day the White House was forced to retract this statement. 129 Three days later, it was revealed that the Justice Department, pursuant to attorney Kendall's request, had previously issued a secret subpoena for the Whitewater-related documents. 130 The unfolding of these increasingly suspicious events led the media and

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Congressional Republicans to call for the appointment of a special prosecutor to investigate Whitewater. On January 12, President Clinton acceded to public pressure and asked Attorney General Janet Reno to name a special prosecutor.131 Eight days later, Ms. Reno named New York attorney Robert B. Fiske, Jr. to the post.132 Two days before Mr. Fiske took over the investigation, a federal grand jury issued a subpoena to Arkansas Governor Jim Guy Tucker seeking a wide range of records on President Clinton and others implicated in the scandal. 133 THE SHREDDING BEGINS Another bombshell hit in early March when it was revealed that a college student employed by the Rose Law Finn had been instructed to shred a box of documents bearing the initials of the late Vince Foster. 134 According to news reports of the employee's grand jury testimony, the shredding occurred around the time of Fiske's appointment as special prosecutor.135Later, when asked to pinpoint the time the shredding was done, the employee said it had taken place just after Fiske's appointment and after Fiske had announced that he would be investigating Vince Foster's death.136 Just a few days later, The Washington Times reported that during the 1992 presidential campaign, Hillary Clinton ordered Rose Law Firm employees to shred papers that she was holding at the governor's mansion. Reportedly, the shredding began in March, soon after The New York Times broke the Whitewater story, and continued through the November election.1370nce again, there was a denial of any wrongdoing. The shredding is alleged to have begun at the very time McDougal say she gave Hillary Clinton all of his WDC records, which the Clintons deny. The mystery of the documents deepened when The Washington Times reported on April 13, 1994 that former Clinton campaign workers stated that the campaign gathered documentation detailing hundreds of thousands of dollars in cash flow between Madison and Whitewater. The campaign workers stated that these documents were collected and then hidden away. Again, the Clinton campaign had sprung into action immediately following the March 8, 1992 Whitewater piece in The New York Times.138 Since the appointment of the special prosecutor, several key players have resigned from their posts in the administration, and new details come to light on an almost daily basis. On March 5, 1994 White House Counsel Bernard Nussbaum resigned only hours after he and several other top White House aides received subpoenas from a federal grand jury. The subpoenas followed revelations that these officials had held improper back-room meetings with federal Whitewater investigators.139 Less than two weeks later, Associate Attorney General Webster Hubbell resigned following damaging disclosures concerning his Rose Law Firm billing practices. 140 On March 24, President Clinton held a press conference in which he announced that he would release his tax returns from1977 and 1978.141 Pressure to release this information had been growing since the publication of a March 18 article by Jeff Gerth in The New York Times. In this piece, Gerth first broke the news of Hillary Clinton's involvement in commodities trading which netted her almost $100,000 in less than one year.142 Citizens United investigators and legal experts are currently reviewing these tax returns.

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Other key documents, however, remain unreleased. For example, on April 1, the National Park Service, on behalf of the U.S. Park Police, denied a Freedom of Information Act request for documents relating to Vince Foster's death, citing concerns of the special prosecutor.143 To date, the information has not been released.
CRIMES MAY HAVE BEEN COMMITTED

Throughout this developing scandal, President and Mrs. Clinton have repeatedly asserted that there are neither allegations nor evidence of criminal wrongdoing on their part. This claim is absolutely false. Citizens United has released a report detailing 47 federal and state criminal statutes that the Clintons may have broken. These possible crimes include but are not limited to: bank fraud;144 theft or bribery concerning programs receiving federal funds;145 aiding or abetting in the embezzlement of bank funds;146 corruption in public office;147 willful violations of state campaign financing laws;148 violations of federal income tax code including tax evasion;149 violations of Arkansas income tax statutes;150 obstruction of justice; 151conspiracy;152 and racketeering.153 <remainder snipped>

1 Warranty Deed recorded p. 320. A correction to 260, p. 255.

in this

Marion deed

Co., Ark., was filed

3 August 1978, Book 241, on19 December 1979, Book

2 "Clinton politics

Ex-Partner's Path to Bankruptcy; Arkansas and Risk," Washington Post, 29 November1993,

Co. mortgage p. 349. recorded in Marion

Banker Mixed p. Al.

Co., Ark., 3

3 Citizens Bank & Trust August 1978, Book 240,

4 Compare Warranty Deed conveying Whitewater tract to Clintons McDougals, note I, with corporate documents for Citizens Bank Co. on file with Arkansas Secretary of State.
5 Union National Bank promissory note, Loan #0004197, 19 June

and & Trust

1978.

6 "Down the Whitewater Rapids; They Hit The Rocks," Washington

7 Whitewater Arkansas Development Secretary of Company, State)

The McDougals Were on a Wild Ride. Post, 13January 1994, p. C1.

Articles . of Incorporation (available

Then

from

8 Ibid.

9 Warranty Deed recorded 260, p. 282. 10 Ibid 11 Who's Who in America,

in

Marion

Co.,

Ark.,

28 December

1979,

Book

47th

ed

(1992-1993),

p.

632. Banker p. Al. Mixed

12 "Clinton Ex-Partner's Path Politics and Risk," Washington 13 Warranty Deeds recorded in Book 270, p. 31. Wade disputes $32,000 for the lots.

to Bankruptcy; Arkansas Post, 29 November1993, Marion Co., the public

Ark., Book 268, p. 392 and records, claiming he paid

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14 Warranty Deeds 241, p. 320. 15 "Clintons' 19 December

recorded

in

Marion

Co.,

Ark.,

3 August

1978,

Book

Arkansas Land 1993, p. Al.

Venture

Losses

Disputed,"

Washington

Post,

16 Statement of Charles E. James, 4 March 1992. Mr. James performed accounting services for Jim McDougal during the period in question. His duties included keeping records of accounts for WDC. See also note evidencing $30,000 mortgag eon lot # 13, recorded on 12 January 1981, in Marion Co., Ark., Book 271, P. 125. 17 Warranty Deed recorded 270, p. 371. in Marion Co., Ark., 22 January 1981, Book

18 WDC checking account statement, transactions for December 1980. 19 Sales Record, 10 November 1981. Bank

Bank

of

Kingston,

reporting

20 WDC check #130 to Madison account at the same bank.

& Trust.

Check

was drawn

of

WDC's

21 Check stub for WDC check #125, dated 5 November 1984. Notation indicates check for $143.65 payable to Hillary Rodham Clinton for "Reimbursement for Lot 13 Whitewater Estates Real Estate Tax 1993. Check appears to have been drawn on WDC account at Madison Bank & Trust. 22 Mortgage Release from Bank of Kingston d/b/a recorded on 20 October 1983 in Marion Co., Ark., 23 Security Bank check from bank Vice President 24 Bill Worthen Clinton Bank. check #12677, 30 September 1983; Charles D. Campbell. #621, 20 February 1982, Madison Bank & Trust, Book 290, p. 24 I. accompanying letter

drawn

on account

at

the

25 "Transcript of President's New Conference Washington Post, 25 March 1994, p. A18.

on the

Whitewater

Affair,"

26 Report of Examination, Madison Guaranty Savings & Loan Office of Examinations and Supervision, Federal Home Loan March 1986. 27 Ibid 28 "With Political Washington Post, Connections, Arkansas 24 January 1994, p. Al. S&L Lived

Assoc., Bank Board,

and Died,"

29 CMS check #1591, dated 16 September 1983, drawn State Bank of Plainview. Notation marked "Loan. " 30 CMS check #1614, dated 30 November 1983, drawn State Bank of Plainview. Notation marked "Loan." 31 "With Political Washington Post, 32 Ibid 33 Transcript and Arkansas of 24 March 1992 attorney Sheffield Connections, Arkansas 24 January 1994, p. Al. S&LLived

on account

at

First

on account

at

First

and

Died,"

taped conversation between Jim Nelson. Copy on file in offices

McDouga1 of

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Citizens

United H1999, 20004 (dailyed

24 March 1994

34140 Cong. Rec. Rep. Leach) .

(statement

of

35 Check stub for WDC check #121, 4 October 1984, drawn on Madison Bank & Trust. Notation indicates payment to "Security Bank of Paragould, AR." The notation further indicates that the payment included $2,811.19 in interest and $2,000 in principal. 36 End-of-the-year interest statement from Security to Bill Clinton applied this payment to Mr. Clinton's loan from the bank. The interest notation corresponds notation of check stub #121. See note 37.
37 Check stub Bank & Trust. for WDC check # 121, 4 October 1984,

Bank of Paragould 30 September 1983 exactly with the

drawn

on

Madison

38 WDC check #145, 11 November 1985, drawn on account at Madison Guaranty S&L. According to the corresponding check stub the account a balance of $12.49 when the check was written. 39 Check 40 Report Office of 20 January stub for WDC check #145

had

of Examination, Madison Guaranty Savings & Loan Assoc., Examinations and Supervision, Federal Home Loan Bank Board, 1984. Assoc., Bank Board,

41 Report of Examination, Madison Guaranty Savings & Loan Office of Examinations and Supervision, Federal Home Loan March 1986. 42 Ibid 43 44140 Cong. Rec. Rep. Leach) . 45 46 Report of Examination, Madison Guaranty Savings of Examinations and Supervision, Federal Home Loan January 1984. 47 Ib 48 Ibid 49 "Clinton Ex-Partner's Path Politics and Risk," Washington 50 "Fallout From Collapse November 1993, p. Al 7. 51 Compare Denies "With Political of H1999, 20004 (dailyed. 24 March 1994)

(statement

of

Loan Assoc., Bank Board,

Office 20

to Bankruptcy; Arkansas Banker Mixed Post, 29 November 1993, p. Al. S&L Shadows Clinton," 28, Angeles with Times,
7

Connections, note 66.

II note

"Businessman

Giving

Donation,"

52 Check stub for WDC check # 127, 4 December 1984, drawn on Madison Bank & Trust. Notation indicates loan payment of $3,000 principal and $276.18 interest. 53 "With Political Connections, Arkansas S&L Lived and Died

14

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Washington

Post,

24 January

1994,

p.

Al
Pay a $50,000 p. B8 . Personal Debt in

54 "Head of Failing S&L. Helped Clinton 1985, II New York Times, 15 December 1993,

55 Report Directors,

of Frost I March

& Company, 1985.

CPAS,

to

Madison

Guaranty

S&L Board

of

56 "With Political Washington Post, 57 Ibid

Connections, Arkansas 24 January 1994, p. Al.

S&L Lived

and

Died

587 February 1985 Memorandum from Jim McDougal quoted in 140 Cong. Rec. H1999, 20004 (daily ed. (statement of Rep. Leach) . 59 "With Political Washington Post,
60 Ibid

to Gov. Bill Clinton, 24 March 1994)

Connections, Arkansas 24 January 1994, p. Al.

S&L Lived

and

Died,

61 Ibid 62 Ibid 63 Notes of 2 February 1994 conversation between RTC Senior Criminal Investigator L. Jean Lewis and FDIC attorney April Breslaw, quoted in 140 Cong. Rec. H1999, 20004 (daily ed. 24 March 1994) (statement of Rep. Leach) . 64 Ibid. at H2006 (Minutes of Meeting of Madison Financial Corporation Board of Directors, 17 April 1985) .A chart attached to Rep. Leach's statement, which is not reproduced in the Congressional Record says the deposit left the account with a balance of just $255.13. This chart is available at the offices of Citizens United. 65 "With Political Washington Post, 66 "Businessman Washington Post, 67 Ibid
68 Ibid

Connections, Arkansas 24 January 1994, p. Al. Denies Giving 16 December Donation 1993, p. At A6.

S&L Lived

and Died,"

85 Clinton

Fund-Raiser,"

69 Ibid 70 "84 p. Al. Clinton Panel Named as a Suspect," Washington B=, 2 April 1994,

71 Warranty Deed recorded in Marion p. 130. The deed says WDC received Valuable Consideration) . 72 "Clintons' 19 December 73 Ibid 74 "S&L Cases Earn Rose Firm Times, 4 March 1994, p. A15. Arkansas Land 1993, p. Al. Venture

Co., Ark., 10 June 1985, $ 1.00and O.G.V.C. (Other

Book 314, Good and

Losses

Disputed,"

Washington

Post,

$1 Million See also

and Counting," Washington "Regulators Say They Were Unaware

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Of Clinton A4.

Law Firm's

S&L Ties,"

Washington

Post,

3 November

1993,

75 Arkansas Development Finance Authority, statement Activity Bonds, January 1984 January 1992. Copy of offices at Citizens United. 76 Arkansas Development General Assembly of the 201, et seq. 77 Arkansas Development Activity Bonds, January at offices at Citizens Finance Act, Act No.1062, State of Arkansas, Code of

of Private document on file

at

$ 28.00, 75th Ark. $$ 15-5

Finance 1984, United.

Authority, statement January 1992. Copy of

of Private document on file

78 E.g. $54,285,000 ADFA bond listing (18 November 1993); #37,930,000 ADFA bond listing (20 June 1991) $22,845,000 ADFA bond listing (November 1990) .Copies of these and other listings are available from the offices of Citizens United. 79 judge David Hale, Back To Washington," Citizens United. interview by Floyd Brown on "Floyd 5 November 1993. Tape available at Brown's offices Talk of

80 Ibid. See also "Clintons' Former Real Estate Firm Probed; Inquiries Focus on Financial Activities of Other Arkansans," Post, 2 November 1993, p. A1. 81 CMS check #458, Pulaski Bank.
82 Loan Agreement Capital-Management

Federal Washington

3 April

1986,

in

the

amount

of

$300,000.00,

drawn

on

between Services,

Susan H. Inc.,

McDougal 3 April

D/B/A 1986.

Master

Marketing

and

83 "Clintons Understated November 1993, p. Al. 84 Loan Agreement Capita1-Management

Involvement

in

Venture,"

Washington

Times,

between Susan H. McDouga1 D/B/A Services, Inc., 3Apri1 1986.

Master

Marketing

and

85 "Clinton Ex-Partner's Path politics and Risk," Washington 86 Ibid 87 Ibid.

to Bankruptcy; Arkansas Banker E=, 29 November1993, p. Al.

Mixed

88 Report of Examination, Madison Guaranty Savings & Loan Assoc., Office of Examinations and Supervision, Federal Home Loan Bank Board, March 1986. 89 Madison Guaranty S&L Assoc., Stipulation and Consent to Entry August 1986) . 90 "With Political Washington Post, 91 Arkansas 92 "Questions January 1994. FHLBB Resolution No.86-85 1, of Order to Cease and Desist

(FDIC

15

Connections, Arkansas 24 January 1994, p. Al. amend In

63, $ 1

S&L Lived

and

Died,

Constitution, That Linger

The Whitewater

Matter,"

New York

Times,

13

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93 "An Nothing

Ever-Growing To Volumes,

Paper Trail; II Washington

Clintons' Whitewater B=, 8 January 1994,

Records p. Al.

Go From

94 Proxy

signed

by

Jim

and

Susan in

McDougal, Co.,

I Ark.,

June

1988. 1988, Book

95 Warranty Deed recorded 347, p. 225. 96 Warranty Deed recorded 347, p. 193. 97 "Clinton York Tunes, 98 Letter letterhead) November

Marion

1 December

in

Marion

Co.,

Ark,

28 November

1988,

Book

Joined S&L. Operator in An Ozark 8 March 1992, $ 1, p. 1. Hillary Rodham Clinton (written Jim McDougal with accompanying

Real-Estate

Venture,"

New

from to 1988.

on Rose Law Firm Power of Attorney,

28

99 Capital-Management Services, Inc. v. Susan H. McDougal, No.88-7624 (Cir. Ct., Pulaski Co., Ark. filed 7 December1988); Capital-Management Services, Inc. v. Susan H. McDougal, No.88-7624, slip opinion (Cir. Ct., Pulaski Co., Ark. 6 February 1989) . 100 Judge David Hale, Back To Washington," Citizens United. 101 'The Tangled Web," interview 5 November by Floyd Brown on "Floyd 1993. Tape available at Brown's offices Talk of

24 January

1994,

p.

31 Law Finn's S&L Ties,"

102 "Regulators Washington Post, 103 "S&L Cases Times, 4 March

Say They Were Unaware Of Clinton 3 November 1993, p. A4. Earn Rose Firm 1994, p. Al 5. $1 Million and

Counting,"

Washington

104 Letter from Webster Hubbell (written on Rose Law Firm letterhead) to Gary Green, Re: Capital Management Services, Inc. vs. Susan H. McDougal d/b/a/ Master Marketing, a Sole proprietorship, and Frost Company, dated 28 June 1989. 105 Bill Clinton's Presidential campaign announcement, 3 October quoted in 140 Cong. Rec. H 1999, 20004 (daily ed. 24 March 1994) (statement of Rep. Leach) . 106 "Clinton York Times, 107 Report Joined 8 March of S&L. Operator 1992, $ 1, P. Lyons, in 1. An Ozark Real-Estate Venture," 1991,

New

James M.

Denver,

Colo.,

23 March

1992. McDougal of

108 Transcript of 24 March 1992 and Arkansas attorney Sheffield Citizens United. 109 "With Washington Political Post,

taped conversation between Jim Nelson. Copy on file in offices

Connections, Arkansas 24 January 1994, p. Al.

S&L Lived

and Died,"

110 Letters from RTC Field Investigations Officer, L. Steve Irons, Supervisory Special Agent, White Collar Federal Bureau of Investigation, I September 1992 and U.S. Attorney, E. D. Ark., September 1992, quoted in H1999, 20004 (daily ed. 24 March 1994) (statement of 111 "Clintons' Former Real Estate Firm Probed; Federal

Richard Iorio to Crime Unit, Charles A. Banks, 140 Cong. Rec. Rep. Leach) . Inquiries Focus

17

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on Financial Activities November 1993, p. Al. 112 FBI Search No. 93-M-4060, 113 Narrative 1993.

of

Other

Arkansans,

"Washington

Post,

Warrant issued by U.S. District 1:35 p.m., 20 July 1993. Report, Fairfax Co., Va., Fire

Court,

E.D.

Ark.,

Case

and

Rescue

Dept.,

20 July

114 "Questions That 13 January 1994. 115 "Foster's Note Finding Of Suicide," 116 "Questions That 13 January 1994.

Linger

In

The Whitewater

Matter,"

New York

Tunes,

Reveals An Anguished Aide; Probe Concludes Washington Post, 11 August 1993, p. A1. Linger In The Whitewater Matter," New York

With

Times,

117 "Handling Of Foster Explanation For 30-Hour July 1993, p. Al. 118 "Foster's Note Finding Of Suicide,

Case Is Defended; Delay In Reporting

White House Offers Note, "Washington

Post,

30

Reveals An Anguished Aide; Probe Washington Post, 11 Augustl993,

Concludes p. Al.

With

119 Letter from attorney for David Hale Randy Coleman to u.s. Attorney Paula Casey, 15 September 1993; Letter from Mr. Coleman to Ms. Casey, 20 September 1993; Letter from Mr. Coleman to Assistant U.S. Attorney Michael Johnson, 20 September 1993. 120 Letter from US. Attorney 1993; Letter from Ms. Casey
121 "Poison, Then Recuse,"

Paula to Mr.
Wall

Casey to Coleman,
journal,

Randy Coleman, 16 September 21 September 1993.

4 March 1994, p AB

Street

122 Letter Committee, 123 Letter

to Rep. Henry B. 9 November 1993. to Rep. Jim Leach

Gonzalez,

Chairman,

House

Banking

from

Rep. Last

Gonzalez, Days,"

9 November Washington

1993 6

124 "S&L Scandal Shadows December 1993, p. Al. 125 "Conspiracy Post, 13 March Theorists 1994, p.

Foster's

Times,

Find A10.

Foster

Case Hard

to

Resist,"

Washington

126 "Whitewater Files Confirms, Washington

Were Post,

Removed In Foster's 22 December 1993,

Office, p.A16.

White

House

127 "President's Lawyer Files," Washington Post,

128 Freedom of Information

Tried To Limit justice Dept. 8 January 1994, p. A9.

Act, 5 U.S.C. Files; 1994, $ 552 White p. A1. (b) House

Use Of Whitewater

(5)
To Comply In S&L

129 "Subpoena Issued for Clinton Probe, " Washington E=, 6 January

130 Ibid 131 "Clinton Independent Yields To Calls For Land investigator," Washington Special Counsel Deal Probe; Reno Pledges B=, 13 January 1994, p. A1 'Thorough Probe," Washington

132 "Whitewater

Promises

18

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Post

21

January

1994,

Al of Probe; Wide Range Of Post, 22 January 1994, p

133 "Subpoena of Gov. Arkansas Relationships A3. 134 "Grand jury New York Times, 135 Ibid

Tucker outlines Scope Pursued," Washington

Is Reportedly 4 March 1994,

Told Of Shredding p. A1

at

Little

Rock

Firm,

136 "Rose Courier Now Says Shredding New York Times, 9 March 1994, p. A1. 137 "Rose Staffers Say Hillary Times, 7 March 1994, p. Al. 138 "Clinton Campaign Hid 13 April 1994, p. A10 Ordered

Took

Place

After

Inquiry

Was Set

Papers

Shredded,"

Washington

Whitewater

Files

in

P92,1

Washington

Times, Tunes, 6

139 "Fiske Turns Up The Heat; March 1994, p. Al. 140 "Hubbell March 1994, Resigns p. Al. Post,

Nussbaum

Bows Out,"

Washington

Cites

'Distractions,"'

Washington

Times,

141 "President Revises Whitewater Washington Post, 25 March 1994,

p.

Losses; Al.

To Reveal

Tax

Data,

142 "Top Arkansas Lawyer Helped Hillary Clinton Commodities Trading in '70'5 Yielded $100,000," March 1994, p. Al. 143 Letter Service to April1994.
14418 4518 u.s.c. u.s.c.

Turn Big New York

Profit; Times,

18

from National Capital Region Director of Citizens United Foundation Legal Director

National Michael

Park Boos,

$ $

146 Code of 47 Code of 148 Code of 14926 u.s.c.

Ark Ark Ark.

23-34-107

$$ 5-52-101, $$ 7-6-203, 7203,

102, 205, 7206,

202,

103, 206 7207

203,

104,

107

$$ 7201, Ark
$$

150 Code of 15118 15218 u.s.c u.s.c

26-18-201,

204

$$ 1505,
$ 371.15318

1510
u.s.c. $ 1962

Copyright
-> -> Send

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