ARKANSAS GOVERNOR, McDOUGALS INDICTED

"These indictments may have little or nothing to do withWhitewater," saysTIME's James Carneyof the 48-page indictment that charges Bill Clinton's former business partner James McDougal, his wife Susan, and Arkansas governor Jim Guy Tucker with bank fraud and numerous other crimes. "Webster Hubbell was indicted, and it was shown that the Clintons had nothing to do with his crime. It is not clear that this involves the Clintons at all," says Carney. " Still, it certainly isn't good news for the Clintons."