Expand All Collapse All Extent 6 folders, approximately 523 pages Summary This collection consists of records relating to the presidential pardon of Edward Downe, Jr. In 1992, the Securities and Exchange Commission [SEC] charged Downe, a former director of the Bear Stearns investment firm of providing inside information to friends and family in order to make illegal stock trades in the late 1980’s. The records in this collection contain the petition for a pardon, character afffidavits, and correspondence in support of the petition. Scope and Content Note The materials in FOIA 2009-0736-F are a selective body of documents responsive to the topic of the FOIA. Researchers should consult the archivist about related materials. FOIA request 2009-0736-F contains material pertaining to the Presidential pardon of Edward Downe, Jr. on January 20, 2001. The material includes the petition for a pardon, character afffidavits, and correspondence in support of the petition. In 1992, the Securities and Exchange Commission [SEC] charged Downe, a former director of the Bear Stearns investment firm of providing inside information to friends and family in order to make illegal stock trades in the late 1980’s. According to the SEC, Downe and his friends amassed $13 million in profits. He was convicted of charges including wire fraud, filing false income tax returns, and securities fraud. Downe was sentenced to three years' probation and community service for the federal violations. In 1994 he agreed to pay back $11 million. Record Type Textual System of Arrangement Records that were responsive to this FOIA request were found in one collection area – Clinton Presidential Records: Staff and Office Files. Staff and Office Files were maintained at the folder level by staff members withing their individual offices and document all levels of administration activity. Staff and Office files are processed at the folder level, that is, individual documents are not selected and removed from a folder for processing. While this method maintains folder integrity, it frequently results in the incidental processing of documents that are not wholly responsive to the subject area. Access Collection is open to all researchers. Access to Clinton Presidential Records is governed by the Presidential Records Act (PRA) (44 U.S.C. Chapter 22, as amended) and the Freedom of Information Act (FOIA) (5 U.S.C. 552, as amended) and therefore records may be restricted in whole or in part in accordance with legal exemptions. Copyright Documents in this collection that were prepared by officials of the United States government as part of their official duties are in the public domain. Researchers are advised to consult the copyright law of the United States (17 U.S.C. Chapter 1) which governs the making of photocopies or other reproductions of copyrighted material. Provenance Official records of William Jefferson Clinton’s presidency are housed at the Clinton Presidential Library and administered by the National Archives and Records Administration (NARA) under the provisions of the Presidential Records Act (PRA). Processed by Staff Archives Specialist, 2009-2010. Previously restricted materials are added as they are released. Last Modified Date 2015-06-03 Container List The following is a list of documents and folders processed in response to FOIA 2009-0736-F: Box 1 Clinton Presidential Records: Staff and Office Files Counsel’s Office Cabe, Meredith Edward Downe [1] [OA/ID 24947] Edward Downe [2] [OA/ID 24947] Edward Downe [3] [OA/ID 24947] Lindsey, Bruce Pardon/Clemency – Edward Downe – [Untitled Redwell #1] [OA/ID 21523] Pardon/Clemency – Edward Downe – [Untitled Redwell] [1] [OA/ID 21529] Pardon/Clemency – Edward Downe – [Untitled Redwell] [2] [OA/ID 21529]