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Clinton Associate Hubbell Gives Up His Law License

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<i> Associated Press</i>

Webster L. Hubbell, a former Justice Department official and partner with First Lady Hillary Rodham Clinton in the Rose Law Firm, surrendered his law license Monday.

Hubbell, also a longtime friend and golfing buddy of President Clinton, was associate U.S. attorney general until his resignation in March, 1994, amid questions about his billing practices at Rose.

He pleaded guilty Dec. 6 to mail fraud and tax evasion, admitting that he bilked nearly $400,000 from the firm and 15 of its clients.

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Hubbell’s lawyer, John Nields, did not return a call for comment made to his Washington office.

As part of a plea bargain, Hubbell agreed to cooperate with Whitewater special counsel Kenneth W. Starr’s investigation of the failure of Madison Guaranty Savings & Loan, which was owned by James B. McDougal.

McDougal and his former wife, Susan, were partners with the Clintons in the Whitewater Development Corp. in northern Arkansas.

Hubbell’s sentencing is scheduled for June 28. He faces up to 10 years in prison and $500,000 in fines.

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