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 River (Great Miami River tributary) the valley. The West Fork of the river is paralleled by State Road 121 from Connersville to west of Brookville, thence by U.S. Route 52 to the Ohio River. The region surrounding the Whitewater River is known as the Whitewater Valley. The melting Wisconsin ice cap starting about 21,000 years ago created the Whitewater Valley basin as we know it today. The Whitewater Valley encompasses approximately between Hagerstown in Wayne County and Lawrenceburg in Dearborn County on the Ohio River. The Whitewater River and its valley were the main conduit of settlement of southeastern and eastern Indiana from Cincinnati and