backhen, the clinton's went intousiness with james a susan mcdougal. together they formed the "wtewater development corporation" and bought 230 acres of land along arkansas' whitewater for vacation homes.veloping it thatasn't a crime but after whitater went sr, the mcdougals engagein back to hau thelints.me "the mcdougals andovnor tuckere coicted of lying reall loans for ney was intended for disadvantaged businesses. taxpayers lost morehathree million dollars. prosecutors never accused the president nor first lady owrongdoing but one witness, david hale, did testify the presidenexerted influence whilgovern. hale mr. clinton pressured him in the mid-1980s to make one of the illegal loans to susan mcdougal." clintons' names being found on documents surrounding the mcdougals' illegal activities