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When Clinton got into office and decided not to prosecute the wrongdoings of the Bush White House, it taught the Republicans that they could get away with anything. That has a lot to do with the situation we are in now, with the whole Executive Branch running roughshod over our rights and over the law, and then saying "We dare you to prosecute us. That would be partisan".
Bush II did not have to investigate or prosecute Clinton's wrongdoings. The Republicans had just spent 8 years doing that. Remember the whole Whitewater thing and the impeachment? Even after that, when the Clintons left the White House, all those stories about how they took stuff and messed up the computers? Those stories that turned out to be false and just made up by the Bushies?
Malfeasance by any White House should be prosecuted by the subsequent one, if for not other reason than a sign that no one is above the law, even, or especially, a President.