During the 1970s and '80s, the Clintons invested in the [[Whitewater]] Development Corporation which later became the subject of a federal investigation, prosecutions and convictions. Jim and Susan McDougal, and then-Arkansas Governor Jim Guy Tucker were convicted of multiple counts of financial fraud, even though President Clinton testified for four hours for the defense.<ref>William J. Clinton (April 28, 1996). [http://www.pbs.org/wgbh/pages/frontline/shows/arkansas/docs/clintondepo.html "Transcript of President Clinton's video deposition"]. Reprinted at "Once upon a time in Arkansas" (October 1997). ''Frontline'' (PBS website/WGBH).</ref> | During the 1970s and '80s, the Clintons invested in the [[Whitewater]] Development Corporation which later became the subject of a federal investigation, prosecutions and convictions. Jim and Susan McDougal, and then-Arkansas Governor Jim Guy Tucker were convicted of multiple counts of financial fraud, even though President Clinton testified for four hours for the defense.<ref>William J. Clinton (April 28, 1996). [http://www.pbs.org/wgbh/pages/frontline/shows/arkansas/docs/clintondepo.html "Transcript of President Clinton's video deposition"]. Reprinted at "Once upon a time in Arkansas" (October 1997). ''Frontline'' (PBS website/WGBH).</ref> |