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This file concerns James B. McDougal, the Arkansas businessman associated with Madison Guaranty Savings and Loan and the Whitewater controversy. A 1961 exchange shows Senator John L. McClellan requesting an FBI name check while McDougal was considered for a Senate committee position; J. Edgar Hoover replied that FBI files contained no pertinent identifiable information. The later records, dated 1993 and 1994, include newspaper clippings and FBI memoranda about the Resolution Trust Corporation's examination of Madison Guaranty, alleged Small Business Administration fraud involving David Hale, and claims concerning loans and Whitewater Development. A January 1994 memorandum states that Attorney General Janet Reno appointed Robert Fiske as special counsel and discusses FBI staffing for the sensitive investigation.

FBI file number: 62-58066 | Documents span: 1961-1994 | Released in 1 part
Names in this file: James B. McDougal, John L. McClellan, J. Edgar Hoover, David Hale, Susan McDougal, Bill Clinton, Hillary Clinton, Guy Tucker, Bruce Lindsey, Janet Reno, Robert Fiske
Subjects: Whitewater, Madison Guaranty, Resolution Trust Corporation, Small Business Administration fraud, FBI name checks, special counsel