Whitewater Controversy Research Paper

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Whitewater Controversy Looking back throughout American history, scandals, especially in the White House, are very prevalent. The white The Whitewater controversy began with an investigation into real estate investments of Bill and Hillary Clinton and their associates, Jim and Susan McDougal. The Clinton family had made plans with the McDougals to buy land and turn it into the Whitewater Estates, a vacation destination. At this point Clinton was still governor but after losing his reelection bid he entered a private legal practice. McDougal, Clinton's economic development director, quits his government job to buy a small bank in Kingston, Ark. He loans $30,000 to Hillary Clinton to build a model house on a Whitewater lot.McDougal buys a small savings and loan and names it Madison Guaranty. After two years, Clinton is reelected as governor. Federal regulators begin to question the financial stability and lending practices of Madison Guaranty, criticizing their speculative land deals, insider-lending and hefty commissions paid to the McDougals and others. James McDougal holds a fundraising event at Madison Guaranty to help pay off a campaign debt following Clinton’s election. Investigators later determine some of the money was improperly withdrawn from …show more content…

Linda Tripp begins to tape her telephone conversations with Lewinsky, her friend, about her affair. She then contacts Kenneth Starr, the Independent Counsel who was put in charge of investigating the Whitewater scandal, offering him 20 hours of taped conversations. Starr decides he can use the tapes to prove to the public that if Clinton would lie about his affairs he might be lying about Whitewater too. He is already using Paula Jones who had a sexual harassment suit against the

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