• Choose a category
• All
• Classic-Fiction

By Root 2052 0

regulators discovered that Madison Guaranty was insolvent and might be closed by the state, Governor Clinton appointed a new state securities commissioner (Beverly Bassett Schaffer), who allegedly gave the struggling S&L preferential treatment, in part at the urging of First Lady Hillary Rodham Clinton in her capacity as a lawyer for the Rose Law Firm representing Madison; and (d) the Clintons and the McDougals could not account for the whereabouts of all the Whitewater records, some of which were allegedly “delivered to the Governor’s mansion,” but were now missing in action. Concluded Gerth: “Many questions about the enterprise cannot be fully answered without the records” (Gerth, “The 1992 Campaign,” 1).

It related to Madison Guaranty: Charles Banks, interview by author.

Later accounts confirm: McDougal and Wilkie, Arkansas Mischief, 248.

Moreover, records establish: Final Report/ Ray, vol. 4, 15–17, 19; see also David Kendall to Hon. Mark J. Langer, Clerk of Court, Final Report/Ray, 24 Oct. 2001.

“combined with Mr. McDougal’s previous acquittal”: Charles A. Banks to Don Pettus, 16 Oct. 1992, Heuer papers.

“the alleged involvement”: Final Report/Ray, vol. 4, 25; David Kendall to Hon. Mark J. Langer, 24 Oct. 2001.

Indeed, Banks made it clear: Charles Banks, interview by author.

“He played it straight”: Bill Clinton, interview by author.

In an odd twist: Simmons, McDougal and Heuer, transcript of conversation, 55–56, 115.

so he “loaned” McDougal: Sam Heuer, check for $1,000, 24 Dec. 1992, Gene Lyons papers. Author James Stewart later reported that Clinton attorney Jim Blair supplied the funds for the “loan” to McDougal (Stewart, Blood Sport, 233–34).

In a gesture designed: Ibid.

“closed for good”: Vincent Foster, Jr., to Whitewater Development Corporation File, 30 Dec. 1992; ibid.

Chapter 6: Death Song in the West Wing

Vince Foster had assembled: William Kennedy III, interview by author.

Webb Hubbell had joined: Webster Hubbell, interview by author.

“McDougal was losing it”: William Kennedy III, interview by author.

“the last four [elected] presidents”: Bernard Nussbaum, interview by author.

Vince Foster described him: Office of the Independent Counsel, Report of the Independent Counsel In Re: Vincent W. Foster, Jr., 30 June 1994, 8 (hereinafter cited as Fiske Report/ Foster).

Foster “came in on a high”: Peter J. Boyer, “Life After Vince,” New Yorker, 11 Sept. 1995, 57–58; Stewart, Blood Sport, 245–50; Bob Woodward, Shadow: Five Presidents and the Legacy of Watergate 229 30

He knew that Clinton: Bernard Nussbaum, interview by author.

Some of the ugliest stories involved: Fiske Report/Foster, 10–12.

After ordering: Ibid., 11; Woodward, Shadow, 230; Boyer, “Life After Vince,” 58; Toni Locy, “For White House Travel Office, a Two-Year Trip of Trouble,” “Washington Post, 27 Feb. 1995, A4. Former Travel Office Director Billy Dale was later acquitted of charges.

Assertions now began flying: Fiske Report/Foster, 11; Woodward, Shadow, 230. An extensive discussion of the Travel Office matter is contained in Office of Independent Counsel, Final Report of the Independent Counsel (In Re: Madison Guaranty Savings & Loan Association) In Re: William David Watkins and In Re: Hillary Rodham Clinton, 18 Oct. 2000.

“People in the Travel Office”: Bernard Nussbaum, interview by author.

Bill Kennedy, who led: William Kennedy III, interview by author.

Foster was a handsome man: Joe Purvis, interview by author.

“Does it take a $50,000-a-day fine”: “Who Is Vincent Foster?” Wall Street Journal, 17 June 1993, A10.

“because Vince read”: Joe Purvis, interview by author.

a follow-up editorial: “What’s the Rush?” Wall Street Journal, 19 July 1993.

Yet those present would recall: Fiske Report/Foster, 17.

“There is no victory”: Vince W. Foster, Jr., “Roads We Should Travel,” commencement address, University of Arkansas, Fayetteville, 8 May 1993, 3, Fiske Report/Foster, exhibit 7.

One faculty member: Jan Levine, interview by author.

“He felt like there”: Joe Purvis, interview by author.

“the best day we had [ever] had