A:

Arkansas bait shop owner Parker Dozhier allegedly paid David Hale, the Independent Counsel's key witness for confidential information during the Whitewater Investigation. In exchange for these alleged payments, Hale passed along information from the Independent Counsel's office to Dozhier who, in turn, relayed that information to a right-wing magazine called The American Spectator.

Dozhier's activities took place under the umbrella of the Arkansas Project: a dirty-tricks campaign funded by billionaire Richard Mellon Scaife designed to damage then-President Bill Clinton. According to a former girlfriend, Dozhier received approximately $200,000 for his affiliation with the Arkansas Project.

For his part, Dozhier insists he never made payments to David Hale for confidential information. He does, however, admit to receiving $35,000 in exchange for intelligence-gathering activities for The American Spectator. At present, Parker Dozhier has never been charged with any crime.

To read about more debauchery on Wall Street, see Handcuffs And Smoking Guns: The Criminal Elements Of Wall Street.

This question was answered by Justin Bynum.

RELATED FAQS
  1. What was the Whitewater scandal?

    The Whitewater scandal refers to a real estate controversy involving former President Bill Clinton and his wife Hillary. ... Read Answer >>
  2. A CFA Member or Candidate may be justified in disclosing confidential information ...

    The correct answer is: D) While acknowledging the importance of preserving confidentiality (and sensitivity of financial ... Read Answer >>
  3. Is credit counseling as damaging as bankruptcy on my credit report?

    Learn whether credit counseling is as damaging as bankruptcy. Bankruptcy wipes out all debts, but it can cut you off from ... Read Answer >>
  4. What is the "bait & switch" technique?

    The bait and switch is a advertising technique which can be considered illegal, but in most cases is merely looked upon as ... Read Answer >>
  5. What is a "phishing scam" and how can they be avoided?

    The term phishing (as in fishing for confidential information) refers to a scam that fraudulently obtains and uses an individual's ... Read Answer >>
  6. What is leakage?

    Leakage describes a situation where information is released to the public when it should have remained private. This is often ... Read Answer >>
Related Articles
  1. Investing

    Spectator Vs. Speculator: Two Market Approaches

    Spectators and speculators rely on different mechanisms to identify and profit from market opportunities.
  2. Financial Advisor

    How to Invest if Morgan Stanley is Right (XLU,XLV)

    Morgan Stanley's Adam Parker has lowered his expectations for the S&P 500. Here's why as well as where you might consider investing.
  3. Personal Finance

    Find the Right Reverse Mortgage Counseling Agency

    How to hook up with a counselor who can help you make the right decision about this trickiest of financing vehicles.
  4. Trading

    Defining Illegal Insider Trading

    The better you understand why insider trading can be criminal, the better you'll understand how the market works.
  5. Investing

    Sean Parker Relaunches His Group Chat App Airtime

    Napster co-founder Sean Parker relaunches video chat app Airtime.
  6. Investing

    Sarah Jessica Parker Returns to HBO With 'Divorce'

    Time Warner's (NYSE: TWX) HBO has long been synonymous with Sunday night television, and two shows helped to make it that way: The Sopranos and Sex and the City. While there's no sign of a Sopranos ...
  7. Retirement

    4 Books Every Retiree Should Read

    Learn more about the current financial situations retirees are facing and discover four books that every prospective and current retiree must read.
  8. Small Business

    Handcuffs And Smoking Guns: The Criminal Elements Of Wall Street

    From godfathers to perps, familiarize yourself with the "criminal elements" creeping around Wall Street.
  9. Insights

    How NDAs Work and Why They're Important

    A non-disclosure agreement, or NDA, is a legal document that keeps the lid on sensitive information.
  10. Insights

    America's Poorest States in 2016

    The poorest states in America include Mississippi, West Virginia and Arkansas.
RELATED TERMS
  1. Credit Counseling

    Personalized counseling services that provide guidance and support ...
  2. Confidentiality Agreement

    A legal agreement between two or more parties that is used to ...
  3. Non-Disclosure Agreement - NDA

    A legal contract between two or more parties that signifies a ...
  4. Confidential Treatment Order - CTO

    An order that provides confidential treatment for certain documents ...
  5. Confidential Treatment Application

    A form filled out in accordance with a company's 8-K, 10-Q, ...
  6. Bait Record

    An internal control used in accounting to detect fraud and improper ...
Hot Definitions
  1. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  2. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  3. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  4. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  5. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
  6. Yuppie

    Yuppie is a slang term denoting the market segment of young urban professionals. A yuppie is often characterized by youth, ...
Trading Center