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The Whitewater controversy, Whitewater scandal, Whitewatergate, or simply Whitewater, was an American political controversy during the 1990s. It began with an investigation into the real estate investments of Bill and Hillary Clinton and their associates, Jim and Susan McDougal , in the Whitewater Development Corporation.
James Bert McDougal (August 25, 1940 – March 8, 1998) and his wife, Susan McDougal, were financial partners with Bill Clinton and Hillary Clinton in the real estate venture that led to the Whitewater political scandal of the 1990s. Starting in 1982, McDougal operated Madison Guaranty Savings and Loan Association.
As part of his guilty plea for looting money from an insurance company, he provided the allegations for the Whitewater scandal and testimony for its investigators. [ 2 ] He testified in the trial of Jim and Susan McDougal in 1989 when the Madison Guaranty Savings and Loan originally failed, and at the time, he never mentioned Clinton in a ...
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Clinton's Republican opponent in his 1986 gubernatorial reelection campaign accused Bill and Hillary Clinton of conflict of interest because Hillary's employer, the Rose Law Firm, did state business. The Clintons countered these accusations by claiming that state fees were walled off by the firm before her profits were calculated. [ 41 ]
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