Word: dealing
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Dates: during 1990-1999
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Blood Sport is as much about how political combat is waged in America today as it is about the Clintons and their misjudgments. The main excerpt, which is from Part 1 of the book, "The Road to Scandal," traces the deal that spawned the Clintons' current problems. The excerpt about Vincent Foster is from Part 2, "A Death in the White House." The third part of the book, "Shrouding the Truth," concentrates on subsequent events inside the White House, especially how the Clintons handled--and mishandled--mounting revelations about their lives in Arkansas...
...time, Susan noticed, was scanning the real estate ads in the local paper. Suddenly he looked up with a gleam in his eye. "Look at this," he told Susan. "Twelve hundred acres in Marion County for less than $100 an acre." It struck him as an amazingly good deal. "Is there any land in America that could be worth less than $100 an acre?" They bought the land within a week, sight unseen...
...about such tax matters themselves, but they had an employee whose job was to make sure taxes on the developments got paid on time. But whatever the reason for the delinquency, in Clinton's anger McDougal saw a glimmer of opportunity. Perhaps he could extricate the Clintons from the deal while still saving face. "Let's just get you out of this," McDougal suggested. Whitewater will "break even," McDougal euphemistically said, but that was the best that could be hoped for. Bill and Hillary could simply sign over their interest to the McDougals, who would in turn assume the remaining...
Susan was stunned. Obviously Bill hadn't told Hillary anything. She laughed nervously, trying to lighten the mood. "You have a problem? Well, O.K., no big deal." Susan took back the paper, rose stiffly and went straight back to Jim's office...
McDougal was an old hand at this game; he had even helped his old boss, Senator Fulbright, make some money by cutting him in on a land deal in 1974. Fulbright was thrilled, and word soon spread among the Senator's circle of McDougal's financial acumen. Later McDougal spotted a small plot near Little Rock, and, almost offhand, mentioned it one day to Clinton. "You ought to buy this, Bill," McDougal said. Clinton knew of McDougal's success with Fulbright and was interested. He was still paying off student loans he'd taken to finish Yale Law School...