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Whitewater |
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Whitewater, city, United StatesWhitewater, city (1990 pop. 12,636), Jefferson and Walworth counties, SE Wis., in a dairy and farm area; inc. 1885. It has a foundry and plants that make various light manufactures, such as eyeglasses, rakes, and dairy products. It is the seat of the Univ. of Wisconsin at Whitewater.Whitewater, in U.S. historyWhitewater, popular name for a failed 1970s Arkansas real estate venture by the Whitewater Development Corp., in which Governor (later President) Bill Clinton Clinton, Bill (William Jefferson Clinton), 1946–, 42d President of the United States (1993–2001), b. Hope, Ark. His father died before he was born, and he was originally named William Jefferson Blythe 4th, but after his mother remarried, he assumed the..... Click the link for more information. and his wife, Hillary Rodham Clinton Clinton, Hillary Rodham (rŏd`əm), 1947–, American lawyer and political figure, wife of U.S. President Bill Clinton , b. ..... Click the link for more information. , were partners; the name is also used for the political ramifications of this scheme. Whitewater was backed by the Madison Guaranty Savings and Loan, which went bankrupt in 1989. The controlling partners in both the land deal and the bank were friends of the Clintons, James and Susan McDougal. Vincent Foster, a Little Rock law partner of Mrs. Clinton, represented the Clintons in the buyout of their Whitewater shares. Accusations of impropriety against the Clintons and others soon surfaced, regarding improper campaign contributions, political and financial favors, and tax benefits. Claiming that relevant files had disappeared (they were found at the White House in 1996) and that they had in any case lost money on the Whitewater venture, the Clintons denied any wrongdoing. When Foster, now White House counsel, committed suicide (1993), however, more questions arose. Strongly pursued in Washington, mainly by Republicans, but largely ignored by the general public, Whitewater was investigated by a special prosecutor beginning in 1994 and by congressional committees in 1995–96. Special prosecutor Kenneth Starr Starr, Kenneth Winston, 1946–, American public official; b. Vernon, Tex. Educated at Harding College and George Washington Univ., he studied law at Duke Univ. After clerking for Chief Justic Warren Burger and working in the Justice Dept. In a 1996 trial, the McDougals and Jim Guy Tucker, Clinton's successor as governor of Arkansas, were found guilty of fraud in the case, and in another decision the former municipal judge David Hale, who had pled guilty to fraud and had been a witness in the McDougal trial, received a jail sentence. In yet another trial the same year two Arkansas bankers were acquitted of some charges, and the jury deadlocked on others. Although nothing conclusive concerning the Clintons' involvement in the Whitewater deal was proved in the congressional or special prosecutor's inquiries, Republicans charged Hillary Clinton with having sought to suppress politically damaging information and accused Clinton administration officials of lying under oath. In early 1998, Starr won authorization to expand his investigation to include the Lewinsky scandal Lewinsky scandal (ləwĭn`skē) BibliographySee J. B. Stewart, Blood Sport: The President and His Adversaries (1996); M. Isikoff, Uncovering Clinton (1999). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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