New Questions About Political Tampering
In late 1992, the Resolution Trust Corporation (RTC) sent the justice Department a 21-page “criminal referral” on the collapse of Madison Guaranty Savings and Loan, the Arkansas thrift run by James McDougal, the Clintons’ partner in Whitewater. The document recommended an investigation by justice. It named Bill and Hillary Clinton as possible beneficiaries of alleged financial misdeeds by McDougal, but not as targets of the criminal investigation. After Clinton took office, career officials at the justice Department decided not to act on the referral....