He became president in 1992 and is currently still the president of the United States of America.
The Whitewater scandal is about the Clintons" and McDougals" land deal while Bill Clinton was governor of Arkansas. The land was in trouble. The individual land plots were not selling. Mr. McDougal approached David Hale of Capital Management Services, Inc. Hale's firm was authorized by the federal small Business Administration to lend federally guaranteed and subsidized loans to small businesses operated by minorities and the disadvantaged. Just before Christmas, Governor Clinton approached Hale at the steps of the Capitol building. Clinton asked him if he was going to help Mr. McDougal and himself out. The next meeting was in February 1986, where Hale, Clinton, and McDougal were present. Hale said he felt pressured into approving a SBA loan for $300,000 to Susan McDougal who was a partner in Whitewater. Susan McDougal, a millionaire, was not legally qualified for a SBA loan. Clinton, Hale, and McDougal planned to defraud the federal government. .
The loan was never paid back, and records show that $110,000 of it found its way into the Whitewater account. In July of 1993, the FBI raided Hale's office and found documents outlining the illegal loan. Hale was under investigation for unrelated charges and offered to reveal incriminating evidence against Clinton in return for a plea bargain. But the prosecuting U.S. attorney in Little Rock, Arkansas, Paula Casey, a former Clinton campaign worker who had just been appointed by Clinton would hear nothing of the charges against Clinton and refused to plea bargain with Hale. But when the special Whitewater prosecutor Robert Fiske came to Little Rock in 1994, he struck a plea bargain with Hale, and since then Hale has been a frequent guest of the Whitewater grand jury in Little Rock. In February of 1994, Skip Rutherford pressured Trooper Brown, who witnessed the Christmas meeting between Clinton and Hale, not to cooperate with Whitewater investigators.
