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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.
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.
The committee was created by S.Res. 120 [1] on May 17, 1995, and approved by the Senate, 96-3. Hearings ran for 300 hours over 60 sessions across 13 months, taking over 10,000 pages of testimony and 35,000 pages of depositions from almost 250 people, [2] and culminating in an 800-page final majority report on June 18, 1996. [3]
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.
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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.
SCITUATE – A councilman who negotiated a 10-year tax deal for the town with the Providence Water Supply Board approached the agency a year later, asking that it pay him $300,000 for a ...