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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.
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.
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.
The Senate Whitewater Committee, officially the Special Committee to Investigate Whitewater Development Corporation and Related Matters, was a special committee convened by the United States Senate during the Clinton administration to investigate the Whitewater controversy.
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.