Allegations Against Hillary Rodham Clinton

In the spring of 1994, at the time that a special prosecutor, Robert Fiske, had been selected to head the so-called Whitewater investigation into a real estate project in Arkansas in the mid-1970s, The New York Times published an account of first lady Hillary Rodham Clinton's 100-to-1 profit on an investment in cattle futures on the commodities market (Glassman, 1994). Fundamentally, the story was that over the course of several months in 1978 and 1979, in a series of multiple commodities contracts on cattle, Clinton parlayed $1,000 into nearly $100,000 (Turque & Thomas, 1994; Schneider & Babcock, 1994; Babcock, 1994). On March 29, 1994, the Post reported that the source of Newsweek's initial report that the investments had been a "sweetheart deal" for Clinton disputed that characterization (Kurtz, 1994, p. A5). On April 11, 1994, Newsweek published a nonbylined "correction" to that story, citing misunderstood comments from the source, James Blair, the lawyer/broker who had implemented the trades fo

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Clinton," while also receiving favorable legislative treatment from then Governor Clinton (Senate, 1994b). That factual mistake was not evident elsewhere in the public discourse. Conason and Lyons (2000) cite Governor Clinton's targeting of Tyson as an environmental polluter during his administration in Arkansas. Complicating the issue in the public arena was the fact that the series of Clinton 1994 responses to the 1978-79 trades were not uniform. The week after the Newsweek story on the trades was published, a White House statement said that Blair had placed Clinton's trades on her behalf. That same week, the Clintons paid the IRS $14,615 in back taxes and interest on the 1978 trades, upon discovering that Mrs. Clinton's profits had been larger than their 1979 tax return had indicated (Devroy & Babcock, 1994). At an hour-long news conference televised in late April 1994, Clinton herself stated to reporters who asked many questions that over the course of her trading she had no reason to think that she had received special treatment (Marcus, 1994, p. A1). She attributed her success in one statement to Blair's advice and in another to expertise she had gleaned from The Wall Street Journal (Adams, 1994; Conason & Lyons, 2000). O
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Approximate Pages = 8 (250 words per page)

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