WASHINGTON — Federal regulators are investigating possible fraud claims against Arkansas Gov. Jim Guy Tucker and James B. McDougal, President Clinton's partner in the Whitewater land venture, court records show.
The Resolution Trust Corp., the government's savings and loan cleanup agency, is pursuing civil claims aimed at recovering taxpayers' losses from the failure of Madison Guaranty Savings & Loan in Little Rock, Ark., which was owned by McDougal.
The investigation is separate from a criminal probe being conducted by the special prosecutor in the Whitewater affair, which also is focusing in part on Tucker and McDougal.
The documents filed last week in U.S. District Court here state the RTC "is conducting an investigation to determine . . . whether to pursue possible claims involving McDougal and Tucker and others, including claims for fraud and intentional misconduct."