The White House and the President's supporters claimed that they were exonerated by the Pillsbury Report. This was a $3 million study done for the Resolution Trust Corporation by the Pillsbury, Madison & Sutro law firm at the time that Madison Guaranty Savings & Loan was dissolved. The report concluded that James McDougal, who had set up the deal, was the managing partner, and Bill Clinton was a passive investor in the venture; the Associated Press characterized it as "generally supportthe Clintons' description of their involvement in Whitewater." However, Charles Patterson, the attorney who supervised the report, "refused ... to call it a vindication" of the Clintons, stating in testimony before the Senate Whitewater Committee that "it was not our purpose to vindicate, castigate, exculpate."