CLINTON MADE CALLS BEFORE WHITEWATER DEALS, WITNESS SAYS.Byline: Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. President Clinton, Gov. Jim Guy Tucker James "Jim" Guy Tucker, Jr. (born June 13 1943) is a former governor, lieutenant governor, attorney general, and a member of the United States House of Representatives from Arkansas. and financier David Hale David Hale may refer to:
Clinton and Tucker were on a short list of associates whose calls were to be put directly through to McDougal, then the owner of Madison Guaranty Madison Guaranty is an Little Rock, Arkansas financial trust company. Starting in 1982 and operated by Jim McDougal-Susan McDougal Madison Guaranty Savings and Loan failed in the late 1980s. Savings and Loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. , McDougal's former secretary testified Wednesday. Tucker, McDougal and his ex-wife, Susan, are accused of fraud and conspiracy involving $3 million in federally backed loans they received between 1985 and 1987 from Madison and Hale's small investment company. On the witness stand, former secretary Sue Strayhorn verified her logs of calls showing 23 messages to McDougal from then-Gov. Bill Clinton, Tucker and Hale over a period of 10 months, from April 1985 to February 1986. "If you take a look at the charges, that's right in the middle of the activity," deputy independent counsel Hickman Ewing said outside court. The McDougals were partners with Clinton and Hillary Rodham Rodham is an English surname which may refer to a number of persons or places. People Family of Hillary Rodham Clinton
Hale, who pleaded guilty to fraud and is cooperating with the Whitewater investigation, claims Tucker pressured him to make bad loans and that Clinton specifically pressed him to make a $300,000 business loan to Susan McDougal Susan McDougal (born 1955 in Heidelberg, Germany) is one of the few people who served prison time as a result of the Whitewater controversy in the United States, though fifteen individuals were convicted of federal charges. She was born Susan Carol Henley, the daughter of James B. . She deposited the money into her personal bank account April 3, 1986. Clinton and Tucker have denied the allegations, and the McDougals have subpoenaed the president to testify at the trial to rebut To defeat, dispute, or remove the effect of the other side's facts or arguments in a particular case or controversy. When a defendant in a lawsuit proves that the plaintiff's allegations are not true, the defendant has thereby rebutted them. TO REBUT. Hale, the prosecution's chief witness. Clinton has not been charged. Earlier Wednesday, Greg Young, Madison's former chief financial officer, testified that he would have asked questions in 1985 and 1986 if he had known of side deals that McDougal made with Tucker and others. He said any such information might have changed the way he calculated company profits and bonuses due McDougal from real estate transactions. However, when McDougal attorney Sam Heuer asked, "You've never been able to point your finger at one penny that was illegally taken from that savings and loan, have you?" Young said he hadn't. Young said he told investigators he had no reason to question the legitimacy of numerous deals, including a $260,000 loan Tucker got from Madison to buy property south of Little Rock. |
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