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Robert W. Palmer
Robert W. Palmer is a former Madison Guaranty land appraiser. He pleaded guilty to federal conspiracy charges related to Whitewater and was later pardoned by President Bill Clinton. As a land appraiser he admitted to conspiring with Jim McDougal and others with Madison Guaranty savings association. The case was part of the Whitewater property, which Bill Clinton and Jim McDougal originally purchased in 1978. The conspiracy was to inflate the estimates used for the loans. Kenneth Starr's investigators were also told that Palmer inflated estimates used to support loans made to Gov. Jim Guy Tucker of Arkansas. The false land appraisals made Madison Guaranty's books look better than they were. Mr. Palmer did about 90 percent of the appraisals for Madison and that about 90 percent of those were inflated. Madison records showed one appraisal was for a $1.05 million loan to Tucker and an associate to buy a water and sewer system for real estate development known as Castle Grande. Lat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madison Guaranty
Madison Guaranty Savings and Loan Association was a savings and loan association based in Little Rock, Arkansas. The company operated from 1979 until 1989 when it was shut down by federal regulators as a result of bank failure, leading to a loss of $60 million for the Federal Deposit Insurance Corporation. Beginning in 1982, the bank was owned and managed by Jim McDougal, a friend of Bill Clinton and Hillary Clinton. On March 8, 1992, during the 1992 United States presidential election the bank was the subject of an article in ''The New York Times'' by Jeff Gerth, which linked the bank to Whitewater Development Corporation, owned by McDougal and the Clintons. After Clinton's election as president, the bank was the subject of investigations by the United States Congress and special prosecutor Ken Starr as part of the Whitewater controversy. McDougal was investigated to determine if he improperly diverted money from the bank to Whitewater or the Clinton campaign during the Arkans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Clinton Pardons Controversy
Bill Clinton was criticized for some of his presidential pardons and acts of executive clemency. Pardoning or commuting sentences is a power granted by the Constitution to sitting U.S. presidents. Scholars describe two different models of the pardons process. In the 'agency model' of pardons the process is driven by nonpolitical legal experts in the Department of Justice. In contrast, Clinton followed the 'presidential model', viewing the pardon power as a convenient resource that could be used to advance specific policy goals. While Clinton pardoned a far greater number (450) of people than his immediate one-term predecessor, Republican George H. W. Bush, who pardoned only 75, the number of people pardoned by Clinton was comparable to that pardoned by two-term Republican Ronald Reagan and one-term Democrat Jimmy Carter, who pardoned 393 and 534 respectively. However, Clinton chose to make nearly a third of his pardons on January 20, 2001, his last day in office. This was ridicul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Year Of Birth Missing (living People)
A year is a unit of time based on how long it takes the Earth to orbit the Sun. In scientific use, the tropical year (approximately 365 solar days, 5 hours, 48 minutes, 45 seconds) and the sidereal year (about 20 minutes longer) are more exact. The modern calendar year, as reckoned according to the Gregorian calendar, approximates the tropical year by using a system of leap years. The term 'year' is also used to indicate other periods of roughly similar duration, such as the lunar year (a roughly 354-day cycle of twelve of the Moon's phasessee lunar calendar), as well as periods loosely associated with the calendar or astronomical year, such as the seasonal year, the fiscal year, the academic year, etc. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by changes in weather, the hours of daylight, and, consequently, vegetation and soil fertility. In temperate and subpolar regions around the planet, four seasons a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABC News (United States)
ABC News is the news division of the American television network ABC. Its flagship program is the daily evening newscast '' ABC World News Tonight with David Muir''; other programs include morning news-talk show '' Good Morning America'', ''Nightline'', '' 20/20'', and Sunday morning political affairs program '' This Week with George Stephanopoulos''. The network also includes daytime talk shows '' The View'', '' Live with Kelly and Mark'', and '' Tamron Hall''. In addition to the division's television programs, ABC News has radio and digital outlets, including ABC News Radio and ABC News Live, plus various podcasts hosted by ABC News personalities. History 20th-century origins ABC began in 1943 as the NBC Blue Network, a radio network that was spun off from NBC, as ordered by the Federal Communications Commission (FCC) in 1942. The reason for the order was to expand competition in radio broadcasting in the United States, specifically news and political broadcasting, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arkansas Democrat-Gazette
The ''Arkansas Democrat-Gazette'' is the newspaper of record in the U.S. state of Arkansas, printed in Little Rock with a northwest edition published in Lowell. It is distributed for sale in all 75 of Arkansas's counties. By virtue of one of its predecessors, the '' Arkansas Gazette'' (founded in 1819), it claims to be the oldest continuously published newspaper west of the Mississippi River. The original print shop of the ''Gazette'' is preserved at the Historic Arkansas Museum in Little Rock. History Early years The history of the ''Arkansas Democrat-Gazette'' goes back to the earliest days of territorial Arkansas. William E. Woodruff arrived at the territorial capital at Arkansas Post in late 1819 on a dugout canoe with a second-hand wooden press. He cranked out the first edition of the ''Arkansas Gazette'' on November 20, 1819, 17 years before Arkansas became a state. The ''Gazette'' scrupulously avoided political involvement or endorsement early in its history. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CBS News
CBS News is the news division of the American television and radio broadcaster CBS. It is headquartered in New York City. CBS News television programs include ''CBS Evening News'', ''CBS Mornings'', news magazine programs ''CBS News Sunday Morning'', ''60 Minutes'', and ''48 Hours (TV program), 48 Hours'', and Sunday morning talk show, Sunday morning political affairs program ''Face the Nation''. CBS News Radio produces hourly newscasts for hundreds of radio stations, and also oversees CBS News podcasts like ''Major Garrett, The Takeout Podcast''. CBS News also operates CBS News 24/7, a 24-hour digital news network. Up until April 2021, the president and senior executive producer of CBS News was Susan Zirinsky, who assumed the role on March 1, 2019. Zirinsky, the first female president of the network's news division, was announced as the choice to replace David Rhodes (CBS News President), David Rhodes on January 6, 2019. The announcement came amid news that Rhodes would step do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Comey
James Brien Comey Jr. (; born December 14, 1960) is an American lawyer who was the seventh director of the Federal Bureau of Investigation (FBI) from 2013 until Dismissal of James Comey, his termination in May 2017. Comey was a registered Republican Party (United States), Republican for most of his adult life but in 2016 he stated he was Unaffiliated voter, unaffiliated. During the Presidency of George W. Bush, presidential administration of George W. Bush, Comey was the U.S. Attorney for the Southern District of New York, U.S. attorney for the Southern District of New York from January 2002 to December 2003 and later the United States Deputy Attorney General, United States deputy attorney general from December 2003 to August 2005. In August 2005, Comey left the U.S. Department of Justice (DOJ) to become a senior vice president of Lockheed Martin as general counsel. In 2010, he became general counsel at Bridgewater Associates. In early 2013, he left Bridgewater to become a senio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mary Jo White
Mary Jo White (born December 27, 1947) is an American attorney who served as the 31st chair of the Securities and Exchange Commission (SEC) from 2013 to 2017. She was the first woman to be the United States Attorney for the Southern District of New York, serving from 1993 to 2002.2001 CNN profile of Mary Jo White CNN. (February 6, 2001). Retrieved February 24, 2011 On January 24, 2013, President nominated White to replace Elisse B. Walter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings And Loan Association
A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. While the terms "S&L" and "thrift" are mainly used in the United States, similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization like the members of a credit union or the policyholders of a mutual insurance company. While it is possible for an S&L to be a joint-stock company, and even publicly traded, in such instances it is no longer truly a mutual association, and depositors and borrowers no longer have membership rights and managerial control. By law, thrifts can have no more than 20percent of their lend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whitewater (controversy)
The Whitewater controversy, Whitewater scandal, Whitewatergate, or simply Whitewater, was an American political controversy during the 1990s. It began with an investigation into the real estate investments of Bill and Hillary Clinton and their associates, Jim and Susan McDougal, in the Whitewater Development Corporation. This failed business venture was incorporated in 1979 with the purpose of developing vacation properties on land along the White River near Flippin, Arkansas. A March 1992 ''New York Times'' article published during the 1992 U.S. presidential campaign reported that the Clintons, then governor and first lady of Arkansas, had invested and lost money in the Whitewater Development Corporation.Jeff Gerth"Clintons Joined S.& L. Operator In an Ozark Real-Estate Venture" ''The New York Times'', March 8, 1992. Accessed April 30, 2007. The article stimulated the interest of L. Jean Lewis, a Resolution Trust Corporation investigator who was looking into the failu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud
In law, fraud is intent (law), intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate Civil law (common law), civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, such as obtaining a passport, travel document, or driver's licence. In cases of mortgage fraud, the perpetrator may attempt to qualify for a mortgage by way of false statements. Terminology Fraud can be defined as either a civil wrong or a criminal act. For civil fraud, a government agency or person or entity harmed by fraud may bring litigation to stop the fraud, seek monetary damages, or both. For cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
