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Word: mcdougals (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Usage:

...never want to live anywhere else," proclaimed the sales brochure for the 42 lots of the Whitewater project near Flippin in northern Arkansas. However, despite the scenic snapshots and the homey-but- hokey handwritten spiel, no one was buying into the forested real estate development. To spur sales, Jim McDougal, a local savings and loan tycoon, % thought he needed a model home -- and the help of one of his Whitewater partners, Hillary Rodham, as she then called herself. In 1980 McDougal loaned her $30,000 to build, own and ultimately sell a three-bedroom ranch-style unit. When the buyer...

Author: /time Magazine | Title: The House That Hillary Built | 1/10/1994 | See Source »

...loans in Arkansas, Madison Guaranty, was sliding toward insolvency. Its chief lending officer, Harry Don Denton, was furious that a local S&L had sold Madison millions of dollars in bad loans. He wanted the deal undone and at the suggestion of his boss, Madison chairman (and Whitewater partner) McDougal, he turned for help to one of the state's top lawyers, Hillary Rodham Clinton. After meeting with her for several hours, Denton helped her carry the files to her car in preparation for a lawsuit...

Author: /time Magazine | Title: The House That Hillary Built | 1/10/1994 | See Source »

...case with Denton, the future First Lady recognized a conflict of interest. But in the Clintons' relationship with McDougal, Hillary and her husband did not. They remained partners with Denton's boss McDougal and McDougal's wife Susan, a pair of notorious wheeler-dealers who drove the thrift into the ground at a cost to taxpayers of roughly $50 million. Indeed, several months before bowing out of the S&L dispute over the bad loans, Hillary Clinton actually represented Madison before state regulators in a petition to try to raise capital for the failing thrift by selling stock...

Author: /time Magazine | Title: The House That Hillary Built | 1/10/1994 | See Source »

...state agencies, most elected officials would conclude that Hillary had a conflict in this situation," argues Frank White, Clinton's G.O.P. predecessor as Governor. At any rate, the stock deal, though approved, never went through. By the end of 1986, federal regulators had moved in on Madison Guaranty, ousting McDougal as chairman in the vain hope of rescuing the thrift...

Author: /time Magazine | Title: The House That Hillary Built | 1/10/1994 | See Source »

Federal officials insist that the Clintons are not targets of the investigation and that the only link is their coincidental association with McDougal. Clinton said last week that neither he nor Hillary had done anything improper. "Knowing and being associated with Jim McDougal looked a lot different when he seemed to be a successful entrepreneur than it does now," says Bruce Lindsey, another native Arkansan, now senior adviser to the President. Indeed, based on the evidence known thus far, the Clintons may be guilty only of poor business judgment (they lost nearly $70,000 on the Whitewater deal...

Author: /time Magazine | Title: Friends in Low Places | 11/15/1993 | See Source »

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