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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.
Robert W. Palmer is a former Madison Guaranty land appraiser. He pleaded guilty to federal conspiracy charges related to Whitewater and was later pardoned by President Bill Clinton . As a land appraiser he admitted to conspiring with Jim McDougal and others with Madison Guaranty savings association.
Castle Grande was a real estate development in Arkansas about 10 miles south of Little Rock. It came into National news as a result of the Whitewater investigations. The project was a 1,050-acre (4.2 km 2) lot where Jim McDougal hoped to build a microbrewery, shopping center, a trailer park and other future projects in 1985.
John Latham became part of Kenneth Starr's investigation into the Whitewater land deal. John Latham attempted to hide a $500,000 insider loan from federal bank examiners, with a nonrecourse debt that had been made to take a warehouse not on Madison's books. He was jailed for six months for bank fraud.
Susan Carol McDougal (née Henley; born June 27, 1955) is a real estate investor who served prison time as a result of the Whitewater controversy.. Her refusal to answer "three questions" for a grand jury, on whether President Bill Clinton lied in his testimony during her Whitewater trial, led her to receive a jail sentence of 18 months for contempt of court.
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. This failed business venture was incorporated in 1979 with the purpose of developing vacation properties on land along the White River near Flippin, Arkansas.
The Paula Jones case provided the impetus for Independent Counsel Ken Starr to broaden his ongoing investigation into Clinton's pre-presidency financial dealings with the Whitewater Land Company, and resulted in Clinton's impeachment in the House of Representatives and subsequent acquittal by the Senate on February 12, 1999.
On September 9, 1998, the Starr Report was released.. The Starr Report, officially the Referral from Independent Counsel Kenneth W. Starr in Conformity with the Requirement of Title 28, United States Code, Section 595(c), is a United States federal government report by Independent Counsel Ken Starr concerning his investigation of President Bill Clinton.