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Politics : Clinton's Scandals: Is this corruption the worst ever? -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (1089)	8/13/1998 6:06:00 PM
From: Rick Slemmer	Read Replies (2) \| Respond to of 13994

EXTRA! EXTRA! READ ALL ABOUT IT! Clinton offends environmentalists! Excerpt from the Tribune-Review at tribune-review.com In 1972, the diamond-rich area of southwest Arkansas was purchased by the state and named Crater of Diamonds State Park, preventing private companies from mining the area. In 1986, then-Gov. Clinton appointed a commission to study the feasibility of allowing commercial operations in the park. In 1989, Clinton, despite strong opposition from environmentalists, gave Boulle's mining company the green light to begin testing of the site. The Chronicle reported in 1994 that Arkansas Diamond Development Co. is a "partnership that includes Exdiam of Dallas, Sunshine Mining Co. of Boise, and a private Arkansas corporation controlled by Stephens Inc., the powerful Little Rock-based investment house." Stephens Inc. is the largest financial house outside of Wall Street and consistently backed Clinton in his campaigns for governor and his 1992 presidential run. Stephens Inc. spokesman Frank Thomas said Stephens "was or is involved with a joint venture with Jean Ramon Boulle in ... Arkansas Diamond Development ... That joint venture is about to draw to a close because they, so far, have not turned up anything worth mining." RS