Jim McDougal

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Jim McDougal (August 25, 1940–March 8, 1998) was the husband of Susan McDougal. They were financial partners with Bill Clinton and Hillary Rodham Clinton in the real estate venture that led to the Whitewater political scandal of the 1990s. On April 14, 1997, McDougal was convicted of fraud conspiracy charges. Kenneth Starr "requested a reduced sentence for McDougal for assisting the prosecution." Starr offered McDougal reduced sentences for helping Starr with an investigation on the Clintons. On March 8, 1998, he died of a heart attack in federal prison in Fort Worth.

He joined with his wife and the Clintons to borrow $203,000 to buy land in the Ozark Mountains for vacation homes. When the development failed, he attempted to cover the losses with S&L funds that he had gotten. McDougal was prosecuted for fraud in 1984 and hired the Rose Law Firm to defend him. He also held a fundraiser that paid off Clinton's campaign debt of $50,000.