25 – Stanley Huggins
Stanley Huggins investigated Madison Guaranty, the financial institution operated by Jim McDougal and Susan McDougal which failed in the late 1980s.
Here is the rough sketch of the Madison Guaranty debacle:
Jim McDougal was convicted of 18 felony counts of fraud conspiracy charges. The counts had to do with bad loans made by Madison S&L. This S&L was partnered with Whitewater Development Corporation, the subject of Whitewater probe, and owned, in part, by Bill and Hillary Clinton.
Madison Guaranty and McDougal hired Rose Law Firm, where the Mrs. Clinton worked, as a defense attorney. Mrs. Clinton’s Rose Law Firm billing records on Madison Guaranty and McDougal’s Castle Grande project that Hillary called IDC – Industrial Development Corporation. How much work she actually did on Madison and Castle Grande was the subject of the missing billing records.
Stanley Huggins died when his plane crashed, but the NTSB never released the crash investigation report.
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