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 For Immediate Release
Oct 14, 1999 Contact: Press Office
202-646-5172


JUDICIAL WATCH TO CHALLENGE NEW ILLEGAL CLINTON HOUSE DEAL

Clintons Try To Pull "Fast One" On Day Their Banks Were To Respond To Court


(Washington, D.C.) Today, the day Deutsche Bank and Bankers Trust were to respond to Judicial Watch's Motion for Preliminary Injunction to block the illegal purchase of the Clintons' mansion in New York State, the White House conveniently announces a new illegal loan deal.

Judicial Watch will expand its litigation to include this new illegal loan since the Clintons cannot qualify, given their five million dollars of debt and the prospect of tens of millions of dollars in damages as a result of the civil litigation which has been filed by Judicial Watch and its clients against them.

"The Clintons are clearly entitled to live in New York if they so please; however, they should secure a house within their means, and not look to others, seeking to buy influence. This is illegal and must be stopped before a dangerous precedent is set granting them special favors that allow presidents, political candidates, and federal workers to line their pockets while allegedly serving the public," stated Judicial Watch Chairman Larry Klayman. As shown in the below linked PNC Mortgage Guide entitled "How Much Can I Get?," the Clintons do not qualify for a mortgage on a $1.7 million dollar mansion with their new bank, PNC Mortgage Corp. of America. Further, it was illegal to use White House lawyers to negotiate the illegal deal," added Klayman.

PNC Mortgage Guide (Calculate at a $200,000 annual income)

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