Word: madison
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Clinton: I don't know of any charges other than this incident arising out of a limited representation I had of Madison in which a request for a legal opinion was made to the ((Arkansas)) securities commissioner. I don't know of any other legitimate claims; now there are lots of illegitimate claims floating around these days, and apparently you can say anything these days and get somebody to prove it. We're trying to break through all that and get to what the facts...
...government regulators, sometimes led to conflict-of-interest accusations. In 1988 the firm and its insurer paid $3 million to settle a conflict charge stemming from the failure of FirstSouth Savings and Loan. At the insistence of Senate Republicans, the FDIC has reopened a conflict-of-interest investigation involving Madison Guaranty, the failed S&L headed by James McDougal, the Clintons' partner in Whitewater. In 1989 the firm represented the FDIC in a suit against Madison's auditors, despite the fact that, four years earlier, Hillary had dealt with state regulators on Madison's behalf...
...particularly sensitive because the agency is trying to recapture money lost from failed savings and loans like Madison Guaranty of Little Rock, the institution with ties to the Clintons' hapless Whitewater Development Corp. As a result of Altman's congressional testimony, the public now knows that Treasury officials held three meetings with White House aides to discuss the RTC's Madison investigation. Administration officials confirm that Altman didn't know about the first two. Those became public after Altman acknowledged that he himself called the third for last Feb. 2, a session he describes as a "brief heads-up" designed...
...Altman told Congress about his Feb. 2 meeting. Republicans responded predictably, charging improper conduct. On the following day, Altman recused himself from any further RTC decisions involving Madison, even though Treasury and RTC ethics officials say he had no legal obligation to do so. Unsubstantiated reports allege that Altman sought the advice of White House aides before his recusal. He denies that charge, and Administration officials support...
...Hillary begins") and Hillary's press secretary, Lisa Caputo, sat in front of a grand jury last Thursday to explain whether, by meeting at least five times with Treasury regulators, White House officials tried to interfere with the criminal investigation into Whitewater and its ties to the bankrupt Madison Guaranty Savings & Loan...