Hillary tries to whitewash Whitewater

HILLARY CLINTON tried to lay to rest the Whitewater controversy yesterday by giving her first press conference about the Clintons' business affairs in Arkansas. Admitting that her liking for privacy might have stoked suspicions, she denied any wrongdoing in her real-estate investment or commodities dealing.

By taking the offensive when there is increasing public scepticism about the media's obsession with Whitewater, the Clintons may hope to escape the legacy of their Arkansas business affairs which have dogged them since 1992. A confident Mrs Clinton explained she made dollars 100,000 ( pounds 67,000) in forward cattle dealing in 1978- 79, because she was confident about the expertise of her friend, Jim Blair.

She said she had left the trading in his hands, but commodities takes 'a lot of nerve and I just found out that I was pregnant.'

On the Whitewater Development Corporation, she said the most embarrassing aspect was that it was so unsuccessful. She said the collapse of the property market in Arkansas in the early 1980s had made it impossible for them to get out of the company. She denied money had gone from their partner, Jim McDougall's Madison Savings and Loan, to Mr Clinton's political campaign.

Few questions from the White House press corps were aggressive. The danger is that some of the information she gave will prove to be false. Refusing to attack her critics Mrs Clinton said: 'This is really the result of our inexperience of Washington.' Speaking of her former partner at the Rose Law Firm Vince Foster, who became a senior White House lawyer before committing suicide last year, she said she did not know why he did it.

The most dangerous questions revolve around her dollars 100,000 profit in the risky cattle-futures market of the 1990s. She says she invested dollars 1,000 because that was all she could afford to lose, but in fact her potential losses were greater. She denied that she received favoured treatment because her husband had become governor.

Suggested Topics
Start your day with The Independent, sign up for daily news emails
News
people
News
A survey carried out by Sainsbury's Finance found 20% of new university students have never washed their own clothes, while 14% cannot even boil an egg
science...and the results are not as pointless as that sounds
News
politicsIs David Cameron trying to prove he's down with the kids?
News
Cumberbatch was speaking on US television when he made the comment (Getty)
people
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA year of political gossip, levity and intrigue from the sharpest pen in Westminster
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Bookkeeper

Negotiable: Recruitment Genius: One of the world's leading suppliers and manuf...

Tradewind Recruitment: Science Teacher

Negotiable: Tradewind Recruitment: We require a teacher of Science in this com...

Recruitment Genius: Business Development Manager

£20000 - £30000 per annum: Recruitment Genius: This leading provider of waste ...

Recruitment Genius: Sales Representative

£18000 - £20000 per annum: Recruitment Genius: To promote and sell the Company...

Day In a Page

Woman who was sent to three Nazi death camps describes how she escaped the gas chamber

Auschwitz liberation 70th anniversary

Woman sent to three Nazi death camps describes surviving gas chamber
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea