Word: variously
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Dates: during 1990-1999
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There are message doctors hovering everywhere now. Various Senators, led by Pete Domenici, Al D'Amato and Ted Stevens, began meeting privately weeks ago to figure out how to help. Part of the problem, they realized, was that Dole had no one with him on his plane who could read him the riot act. He had lots of staff but no peers. That was fixed by rotating the designated adult on the plane. "You need someone who can focus his attention on what he ought to be saying," said a Republican Senator's aide, "and can look...
...lent them money, including negotiating a loan renewal with a bank whose parent company was trying to get her husband to sign legislation it wanted. Much of what appears here will seem at odds with statements made by the President and First Lady, some of them under oath. At various times, they or their spokespeople have alleged that the Clintons had virtually nothing to do with Whitewater and were simply "passive" investors; that the McDougals didn't really absorb significantly more losses than the Clintons; that Hillary wasn't responsible for Madison Guaranty's becoming a client of the Rose...
...Whitewater venture illustrated all the major trends troubling the McDougal empire. In 1983 no new lots had been sold. Because of all the interest payments, negative cash flow that year was nearly $51,000, all of it covered either by new borrowing or payments from McDougal or his various ventures. One lot was sold in 1984. Negative cash flow was over $20,000, all of it covered by McDougal. With more interest and principal payments due, 1985 was even worse. Only one lot was sold. Negative cash flow was over $75,000, requiring even more payments from McDougal. At about...
...paperwork to incorporate Whitewater Development in the first place. Susan explained that Hillary was refusing to submit a financial statement, and she was desperate. "What can I do?" she asked. "This whole house of cards could come down." James came over, sat down with Susan and wrote down the various payments from the McDougals and Clintons on a yellow legal pad. Of the almost $200,000 that the Whitewater partners had had to contribute to cover shortfalls in income from the development itself, the McDougals had contributed just over $158,000; the Clintons just under $36,000. Before performing this...
...women in Little Rock at the time. As Governor, Clinton appointed her to the Commission for Arkansas' Future and, more important, to the Arkansas Development Finance Authority Board, which provides long-term financing for businesses starting or expanding in Arkansas. While Twin City had rarely been a trustee for various bonds issued under the adfa, it was named the trustee for four bond issues in 1988 and 1989, which brought in some lucrative fee income. Twin City, in turn, steered at least some legal work to the Rose firm. So when the unresolved issue of the Whitewater loan again arose...