Whitewater controversy original FBI investigation of Madison Guaranty in 1989; only after coming under indictment himself in 1993, did Hale make allegations against the Clintons. A U.S. Securities and Exchange Commission investigation resulted in convictions against the McDougals for their role in the Whitewater project. Jim Guy Tucker, Bill Clinton's successor as governor, was convicted of fraud and sentenced to four years of probation for his role in the matter. Susan McDougal served 18 months in prison for contempt of court for refusing to answer questions relating to Whitewater. Neither Bill Clinton nor Hillary were ever prosecuted, after three separate inquiries found
Whitewater, Wisconsin when the first railroad line in Wisconsin passed through in 1853, but struggled when the two largest employers left town. Whitewater was a New England settlement. The original founders of Whitewater consisted entirely of settlers from New England. These people were "Yankees", that is to say they were descended from the English Puritans who settled New England in the 1600s. They were part of a wave of New England farmers who headed west into what was then the wilds of the Northwest Territory during the early 1800s. Most of them arrived as a result of the completion of the Erie