Whitewater controversy Whitewater controversy The Whitewater controversy, Whitewater scandal, or simply Whitewater, was an American political controversy of the 1990s. It began with an investigation into the real estate investments of Bill and Hillary Clinton and their associates, Jim McDougal and Susan McDougal, in the Whitewater Development Corporation. This failed business venture was incorporated in 1979 with the purpose of developing vacation properties on land along the White River near Flippin, Arkansas. A March 1992 "New York Times" article published during the 1992 U.S. presidential campaign reported that the Clintons, then governor and first lady of Arkansas, had invested and lost money
Whitewater Canal exists, although badly silted up. Little is left of the Whitewater Canal today. Some towpath was bought by the Whitewater Valley Railroad Company and has been used in various train operations over the years. A section of the rail line is still in use as a tourist railroad. The Whitewater Valley Railroad operates between Connersville, Indiana and Metamora, Indiana. The remains of many of the canal locks on this section of the canal can still be seen as well as the diversion dam near Laurel, Indiana that was rebuilt in the 1940s and provides water for the restored canal section