Among other assignments she was investigating the failure of Madison Guaranty Savings and Loan, a Little Rock savings and loan company owned by James McDougal, who had been the Clintons' partner in Whitewater, a failed land development project in the Ozark Mountains of northern Arkansas. When the connection between the Clintons and McDougal became a news story, she refocused on the Madison Guaranty case. On September 2, 1992, just prior to the 1992 presidential election, she submitted a criminal referral to the FBI naming Bill Clinton and Hillary Clinton as witnesses in the Madison Guaranty case.
She was responsible for examining Madison Guaranty Savings and Loan, a Little Rock company owned by James McDougal, who had been Bill Clinton's partner in Whitewater. When the connection between the Clintons and McDougal became public knowledge, she changed her investigation to focus on the Madison Guaranty case. On September 2, 1992, just before the presidential election, she submitted a criminal referral to the FBI, naming Bill Clinton and Hillary Clinton as witnesses.