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Bank Let Clinton Delay Repayment, Trial Told

Thu., July 18, 1996, midnight

Completing his Whitewater trial testimony, presidential aide Bruce Lindsey acknowledged Wednesday that a rural Arkansas bank had allowed Bill Clinton to delay repayment of $100,000 in personal loans for two years.

Before leaving the witness stand on a less acrimonious second day of testimony during the trial of the bank’s owners, Lindsey said that repayments were extended until the eve of the 1992 presidential election - when a nationwide fund-raising appeal retired them.

The questioning of Lindsey, one of President Clinton’s closest advisers, was a prelude to Clinton’s videotaped testimony, which is expected to be played in court today.

Prosecutors have said the Arkansas bankers were trying to ingratiate themselves with Clinton to win state appointments and obtain future business from him after he assumed the presidency.


 
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