Reply #30: See post 24. Altman is a close personal friend and former Bill Clinton official

[Catherina]

He was Deputy Secretary of the Treasury and acting CEO of the Resolution Trust Corporation (RTC), the federal agency cleaning up the savings and loan mess in the Clinton Administration. He was also Hillary's key backer for her NY Senatorial run.

Let me now come to the more difficult issue of the contacts about the statute of limitations and Mr. Altman's consideration of his possible recusal, starting with the meeting on February 2. Under the RTC statute, its chief executive is appointed by the President by and with the advice and consent of the Senate. In March 1993, pending the selection of a nominee, the President had named Deputy Secretary of the Treasury Roger Altman to serve simultaneously as acting chief executive of the RTC. Under applicable law, Mr. Altman could only serve as acting chief executive for a maximum of 120 days, expiring during July 1993, unless by that time a nomination had been sent to the Senate for its advice and
consent, in which case he could continue until the nominee took office. In July of 1993, before the 120 days expired, the President nominated Stanley Tate to the RTC post, but he ran into confirmation problems and withdrew on November 30. As a result, Mr. Altman was legally authorized to continue as acting chief executive for 120 additional days after November 30, 1993, i.e. March 30, 1994.

In January 1994, there was increasing congressional interest in the status of potential civil claims relating to Madison Guaranty and Whitewater. At that time, the relevant statute of limitations on such claims was to expire on February 28, 1994, and the RTC had not yet decided whether civil claims relating to Madison Guaranty should be brought. At a meeting requested by Mr. Altman and held with White House staff members on February 2, 1994, Mr. Altman briefed the White House staff on the procedural options available to the RTC in potential cases such as Madison Guaranty where the statute of limitations was about to expire, just as the RTC had previously briefed an interested member of Congress who had inquired about the Madison Guaranty situation.

http://www.clintonpresidentialcenter.org/legacy/072694-remarks-by-cutler-testimony-on-white-house-contacts.htm

The clean-up job he did for them was so disgusting. That's when all the young idealists who were serving in the Clinton Administration started jumping ship shocked by the level of corruption and cynicism.