Word: leaching
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Meanwhile, Leach, deprived by the autocratic Gonzalez of one forum, avidly seized another. In a speech on the House floor on Thursday afternoon, he pursued two lines of accusations, delivered in a theatrical combination of harsh language and calm tone. One line was to portray Whitewater as a kind of sweetheart deal -- one to which "the Governor-in-the-making provided his name" while "the S&L owner ((McDougal)) and affiliated entities provided virtually all, perhaps all, the money." The company "may have begun as a legitimate real estate venture," Leach intoned, "but it came to be used to skim...
Coming closer to the present, Leach offered a detailed account of alleged attempts by RTC officials to shield the Clintons from embarrassment by interfering in its earlier investigations of Whitewater and Madison. From September 1992 to October 1993, Leach said, L. Jean Lewis, the lead RTC investigator in Kansas City, Missouri, and her colleagues could not find out what had happened to material they had forwarded to Washington; at one point the Justice Department told Lewis it "had no record of that referral; it is not in ((the Justice)) computer system." Then after Justice finally began to move -- and after...
...Leach's presentation was overshadowed hours later, however, by Clinton's news conference -- only the second one he has held in prime time. Though the session had been planned for two weeks, it was finally scheduled rather quickly. The main reason was to try to counteract a sharp plunge in the polls and do so just before Congress's Easter recess, so that lawmakers would discover pro-Clinton sentiment on the rise back home...
...proceeds of the loan had been used to buy land and a cabin for his mother. His poor memory seemed surprising, since a $20,700 repayment of a loan would have loomed very large then; the next year his salary as Governor was $33,750. In response to Leach's charges about the RTC investigation, Clinton remarked that "all the appointees of the RTC were hired under previous Republican Administrations." That was not entirely accurate; two of Breslaw's superiors were appointed last December by Altman, who is an old associate of the President...
...while he intended to cooperate "fully" with the special counsel and any congressional investigation, he also intended to stay "preoccupied with the business we were sent here to do for the American people." Responding to fresh allegations of wrongdoing -- leveled on the floor of the House by Republican Jim Leach -- the President categorically denied having tried to suppress a federal investigation of the S&L at the center of the Whitewater affair. To underline his contention that he had done nothing wrong in the real estate venture, the President publicly released his tax returns...