Bill and Hilary Clinton and Jim and Susan McDougal were implicated in what financial scandal that was investigated by the US Justice Department in 1994?
Jim McDougal Jim McDougal James B. McDougal (August 25, 1940 – March 8, 1998), a native of White County, Arkansas, and his wife, Susan McDougal (the former Susan Carol Henley), were financial partners with Bill Clinton and Hillary Clinton in the real estate venture that led to the Whitewater political scandal of the 1990s. Starting in 1982, McDougal operated Madison Guaranty Savings and Loan Association. McDougal was a Democrat and a former aide to the late U.S. Senator James William Fulbright. He later was a political science professor at Ouachita Baptist University in Arkadelphia. In 1982, McDougal made a failed bid for
Clinton–Lewinsky scandal and the obstruction of justice charges. Ten Republicans voted for acquittal for perjury: John Chafee (Rhode Island), Susan Collins (Maine), Slade Gorton (Washington), Jim Jeffords (Vermont), Richard Shelby (Alabama), Olympia Snowe (Maine), Arlen Specter (Pennsylvania), Ted Stevens (Alaska), Fred Thompson (Tennessee), and John Warner (Virginia). Five Republicans voted for acquittal for obstruction of justice: Chafee, Collins, Jeffords, Snowe, and Specter. President Clinton was thereby acquitted of all charges and remained in office. There were attempts to censure the president by the House of Representatives, but those attempts failed. The scandal arguably affected the 2000 U.S. presidential election in two contradictory