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...Reported by Nina Burleigh, J.F.O. McAllister, Suneel Ratan and Karen Tumulty/Washington
Economics correspondent Suneel Ratan reports that there are also a few regulatory hurdles for Levin to surmount: "The deal will have to gain two sets of clearances -- and any problems encountered likely will be a consequence of the arrangement's giving Malone a significant minority interest in the merged entity. One is from antitrust regulators. The second is from the Federal Communications Commission, which would determine if the deal conforms to a maze of rules." Clearing the federal hurdles, Ratan says, could take up to a year...
...Suneel Ratan/Washington
...Amato told CBS Radio that he will subpoena a White House employee who told friends in Arkansas that Foster shot himself in his car, on the White House grounds. Foster's body was found several miles away in the park. The White House employee, reports TIME's Suneel Rataan, is Helen Dickey, who was then Chelsea Clinton's babysitter. The White House has offered D'Amato a sworn statement from Dickey in which she describes learning of Foster's suicide late that night and discussing it with a state trooper at the Governor's mansion in Arkansas. Deputy Whitewater prosecutor...
...federal judge threw out a fraud indictment against Governor Jim Guy Tucker of Arkansas, the most prominent figure snared in the Whitewater investigation of special prosecutor Kenneth Starr. "This is a major blow to Starr," says Washington correspondent Suneel Ratan. "It means that he can no longer go after whomever he wants. His authority is being cut back." Tucker, a Democrat, had been accused of obtaining a federally backed loan under false pretenses and trying to avoid taxes. U.S. District Judge Henry Woods said the charges bore no resemblance to the matters Starr has been assigned to investigate. Ratan cautions...