[Congressional Record Volume 140, Number 107 (Friday, August 5, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: August 5, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                       LLOYD CUTLER'S REDACTIONS

  Mr. LIVINGSTON. Mr. Speaker, on July 26, 1994, Lloyd Cutler, special 
counsel to the President, before the House Committee on Banking, 
Finance and Urban Affairs said:

       We have not redacted anything relevant to the committee's 
     inquiries, and I'd like to add that as a lawyer who has been 
     in the business of producing documents to other lawyers for a 
     good 50 years, this is the first time that any other lawyer 
     has ever questioned whether the production of redacted 
     documents under my supervision has been unethical.

  Despite Mr. Cutler's statement, the Wall Street Journal of August 5, 
1994, amply demonstrated that Mr. Cutler did indeed redact, or delete, 
critical information from the material supplied to pertinent 
congressional committees.
  It turns out he redacted references to the Rose Law Firm, the RTC, 
the disclosure or lack of disclosure on the impact on Madison Guaranty 
Savings & Loan, Mr. Hubbell's relationship with his father-in-law, Seth 
Ward, and litigation in Madison Guaranty, whether or if FDIC or RTC 
would review the conflicts of interests, civil and criminal liability 
of the Rose Law Firm and other attorneys for failure to disclose civil 
actions on James and Susan and McDougal on the board of Madison Savings 
& Loan and on professional law firms and accounting firms involved in 
those same circumstances.
  Mr. Cutler, you owe the American people an explanation. You have 
redacted, or deleted, vital information. In my opinion, you should 
consider resignation as counsel to the President of the United States.
  I shall expand on these comments in a 5-minute special order this 
afternoon, August 5, 1994.

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