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...Proctor seemed to be falling all over himself to be nice, asking her how things were going and telling her not to worry about the Whitewater bank loan. Yet Proctor himself was evidently still trying to get the financial statement from the Clintons. Susan Sisk, the senior lender at Twin City at the time, recalls chatting with Wes Strange, 1st Ozark's new president, who mentioned that Clinton had recently made a speech in the Flippin area. "I told Bill," Strange reported to Sisk, "we still need the financial statement...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

Susan McDougal was aware that something was going on between Hillary, 1st Ozark, and officials at the parent, Twin City. One day Hillary called, asking Susan to get a copy of a Whitewater document and drop it off at the Twin City headquarters in North Little Rock, which Susan did. Then, soon after, Susan received a call from the Governor himself. "Would you mind," he began, "Hillary wants to look at the documents" to support Susan and James' calculations on the yellow pad. So Hillary didn't trust her, Susan thought. Well, she'd be only too happy to give...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

Dewey's argument seemed to make the board nervous. Clinton was, after all, the Governor. Edward M. Penick, president of Twin City and ex-officio chairman of 1st Ozark, said he'd take up the matter personally. He knew Hillary somewhat; Hillary and the Rose firm had successfully represented Twin City in a complicated bond case. Penick drafted the letter and sent it to Hillary at the Rose firm...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

...other potential problem is in-fighting at the White House. Ickes and Morris, the twin planets of the Clinton re-election team, barely tolerate each other. They are the poster boys of the opposing White House camps: liberals vs. moderate New Democrats. Morris has solidified his role as Clinton's guru of choice. One night a week, usually Wednesday, he leads a campaign meeting at the residence that includes the President, Vice President, Sosnik, Bob Squier (the campaign media adviser brought in by Morris and Gore), Stephanopoulos and other senior aides. Ickes apparently bridles at Morris' highbrow musing about...

Author: /time Magazine | Title: CAMPAIGN '96: WHAT CLINTON IS DOING RIGHT | 2/5/1996 | See Source »

...debt-ceiling extension the G.O.P. now says it will pass next month. The package Gingrich outlined would shave as much as $100 billion from spending during seven years, devoting $25 billion of this to tax cuts. If this package sounds familiar, there's a reason. It's a pale twin of the President's February 1995 budget, the timid postelection plan that launched this yearlong roller-coaster ride in the first place. But there is one new wrinkle: with tax cuts up front, Gingrich's scheme could very well increase the deficit in the next two years, then leave...

Author: /time Magazine | Title: CAMPAIGN '96: NOT A BANG BUT A WHIMPER | 2/5/1996 | See Source »

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