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Final Report of the Independent Counsel
(In Re:  Madison Guaranty Savings & Loan Association) of the Investigation In Re: Bernard Nussbaum

Robert W. Ray, Independent Counsel, March 16, 2000

In Re:  Bernard Nussbaum
Document Title File Format and Size Print Copy Pages
Preliminary Pages PDF 207K 1-4
Table of Contents PDF 120K 5-7
I.  Introduction PDF 353K 9-16
II.  Findings PDF 160K 16-18
III.  Summary of Investigative Steps PDF 146K 18-20
IV.  Factual Summary
A.  Bernard Nussbaum's Involvement in the Hiring of Craig Livingstone Was Very Limited and Did Not Include Discussions with Mrs. Clinton Regarding Mr. Livingstone PDF 410K 20-29
B.  The Evidence of a Relationship Between Mrs. Clinton and Mrs. Livingstone Is Limited to the Insert and Testimony That Mr. Kennedy and Mr. Livingstone Told Others of Such a Relationship PDF 291K 30-36
C.  Mr. Nussbaum Testified That He Was Unaware of a Relationship Between Mrs. Clinton and Mrs. Livingstone Who Also Denied a Personal Relationship PDF 166K 36-39
D.  The Circumstances Surrounding the Preparation of the Insert Do Not Corroborate its Accuracy PDF 178K 39-42
V.  Analysis of Potential Statutory Violations
A.  There Is No Evidence, Other Than the Insert, That Mr. Nussbaum's Limited Involvement in the Hiring of Craig Livingstone Included a Discussion With Mrs. Clinton About Mr. Livingstone or That He Knew Who Hired Mr. Livingstone PDF 159K 43-45
B.  Even Assuming That Mr. Livingstone and Mr. Kennedy Told Others of Mrs. Clinton's Involvement in the Hiring of Mr. Livingstone, There Is No Other Evidence, Except the Insert, of Such Involvement or Any Relationship Between Mrs. Clinton and Mrs. Livingstone PDF 120K 45-46
C.  The Insert's Probative Value is Limited Because of the Absence of Corroboration of the Circumstances of Its Preparation PDF 107K 46-47
VI.  Summary of Conclusions PDF 68K 48
Appendix of Comments or Factual Information Submitted Under 28 U.S.C. Section 594(h)(2) PDF 1.09M 49-88