Whitewater scandal

The Whitewater scandal was an American political scandal which developed in Bill Clinton's first term as president, after the death of deputy White House counsel Vincent Foster. After Foster's death it was learned that chief White House counsel Bernard Nussbaum had removed documents concerning the Whitewater Development Corporation from Foster's office. President Clinton and his wife had invested in this corporation; the Clintons were accused of fraud in connection with this investment during the U.S. Securities and Exchange Commission's investigation of the bankruptcy of Madison Guaranty, an Arkansas trust company.

Ray Report

Kenneth Starr's successor, Robert Ray, released a report in September of 2000 that stated "This office determined that the evidence was insufficient to prove to a jury beyond a reasonable doubt that either President or Mrs. Clinton knowingly participated in any criminal conduct." Ray's report effectively ended the Whitewater investigation.

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