Brian's Whitehouse X-Files
Castle Grande was a real estate corporation, similar to Whitewater (See X-File X301a) which Jim McDougal was involved in. McDougal and partner Seth Ward, the father-in-law of Clinton associate Webster Hubble obtained a $1.15 Million load from Madison Guaranty to purchase 1000+ acres of real estate, which was zoned commercial. The loan was acquired through an involved corporation arrangement that allowed him to assume no responsibility should the load go into foreclosure. McDougal invested $400,000 in the project prior to it's demise. Madison ultimately pade $400,000 for 22 acers of the original 1000+ acres.
Webster Hubble and Hillary Clinton worked for the Rose Law Firm when Seth Ward and Jim McDougal purchase the 1000+ acres. Hillary Clinton is supposed to have prepared the legal documents while employed by Rose Law Firm. When Castle Grande went into foreclosure the $4 million bill was left to the taxpayers. Hubble has denied making any effort to assist his father, Seth Ward, from obtaining the loans for Castle Grande.
Rose Law Firm was in the center of other McDougal enterprises which led to financial disaster and gives the appearance of illegal activities (See X-FILE X302A).
Hillary Clinton testified at the Resolution Trust Corporation (RTC) that she did not recall doing any work for Castle Grande. A code, included on documents prepared at Rose Law Firm, reportedly indicates Hillary Rodham had prepared option documents for Castle Grande. Hillary Rodham Clinton was, according to evidence presented at RTC, paid to perform legal work for business concerns related to Castle Grande.
Castle Grande was a real estate corporation owned by Jim McDougal and Seth Ward, the father-in-law of Webster Hubbell. Ward obtained a $1.15 million loan from Madison Guaranty to purchase 1,050 acres of real estate, which was zoned for commercial use. This loan was structured, so that he could not be held responsible in the event that Castle Grande went into foreclosure. In addition, McDougal invested $400,000 and eventually proposed buying out Ward's share of Castle Grande. Madison later agreed to pay Ward $400,000 for a 22-acre parcel of the Castle Grande property.
Both Hillary Clinton and Hubbell worked for the Rose Law Firm when Ward and McDougal purchased Castle Grande. The transaction allegedly was drawn up by Hillary Clinton while she was employed with Rose Law Firm. Eventually, Castle Grande went into foreclosure, costing taxpayers $4 million. Hubbell has denied he helped his father-in-law obtain Castle Grande.
Hillary has never adequately explained her involvement with Castle Grande. In December 1995, she testified to the Resolution Trust Corporation (RTC) that she could not recall doing any legal work on Castle Grande. The RTC was investigating an option agreement which Ward may have entered with Madison. Under the agreement, Madison agreed to pay Ward $400,000 for a 22 acre tract of the Castle Grande property. According to the Washington Post, a code on the agreement stated that it was drawn up by Hillary. She claimed that she had looked at the option documents, sent to her by the RTC in January 1996, and stated that she had no recollection of them. In addition, Hillary was allegedly was paid to provide the legal work for a sewer and a brewery for Castle Grande.
After failing to have conversations between her and personal lawyers was not protected under attorney-client privlege papers were provided to Kenneth Starr for investigation. Several issue are being investigated relative to this because it may prove that Hillary Clinton lied to the RTC, had documents removed from the Whitehouse after Vince Foster died (See X-FILE X307A), and Obstructed justice by hiding the various documents that mysteriously reappeared at the Whitehouse.
XFILE X512A Remains Open.
More X-Files. Main Page. More Rants and Raves.
This document subject to change without notice - in order to better communicate my message.