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Delayed InfoUSA 10-K Means Rating Review (Clinton scandals downgrade CNN pollster's company)
Associated Press (excerpt) ^ | March 12, 2008

Posted on 03/12/2008 7:43:43 AM PDT by HAL9000

NEW YORK - Concerns that infoUSA Inc.'s announced delay in filing its 2007 annual report could trigger a loan default led two credit rating agencies Wednesday to consider downgrading the database provider's debt rating.

On Friday, infoUSA said its 2007 annual report will not be filed by a March 17 due date. The company said the report will be late because of an ongoing Securities and Exchange Commission investigation and a shareholder lawsuit.

The SEC is investigating entertainment expenditures and certain stock trades. And a lawsuit filed by Cardinal Value Equity Partners and hedge fund Dolphin LP alleges that infoUSA founder Vin Gupta used private corporate jets to fly Bill and Hillary Clinton on business, personal and campaign trips, questions why Gupta gave Bill Clinton a $3.3 million consulting contract and asks why the company paid for extravagant luxuries Gupta enjoyed.

News of the delayed filing led Moody's Investors Services and Standard & Poor's Ratings Services to consider a downgrade.

~ snip ~


(Excerpt) Read more at biz.yahoo.com ...


TOPICS: Crime/Corruption; Extended News; News/Current Events; Politics/Elections
KEYWORDS: cnnpollster; infousa; opinionresearch; sec; vinodgupta

1 posted on 03/12/2008 7:43:45 AM PDT by HAL9000
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To: HAL9000; doug from upland

Wonder if Gupta would turn on the klintoons if he is offered a deal?


2 posted on 03/12/2008 7:45:55 AM PDT by dynachrome (Immigration without assimilation means the death of this nation~Captainpaintball)
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To: HAL9000; dynachrome

Good post. Good question. Thanks.


3 posted on 03/12/2008 7:46:52 AM PDT by PGalt
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To: HAL9000
...but, but...$hrillary/Bubba, Only wants to help, the Chil'ren. /s
4 posted on 03/12/2008 7:51:31 AM PDT by skinkinthegrass (just b/c your paranoid, doesn't mean "they" aren't out to get you...our hopes were dashed by CINOs :)
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To: dynachrome
Wonder if Gupta would turn on the klintoons if he is offered a deal?

The klintoons had me send this to gupta {so their fingerprints wouldn't be any where to be found}.

They made him an offer he can't refuse.

5 posted on 03/12/2008 7:53:56 AM PDT by USS Alaska (Nuke the terrorist savages - In Honor of Standing Wolf)
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To: HAL9000
Huma Abedin & Hillary Clinton flown to Aspen & wined and dined by infoUSA
http://www.freerepublic.com/focus/f-news/1920213/posts
6 posted on 03/12/2008 8:01:07 AM PDT by KayEyeDoubleDee (const Tag &referenceToConstTag)
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To: dynachrome
Wonder if Gupta would turn on the klintoons if he is offered a deal?

Only if Hillary doesn't get the nomonation. If she does, he knows he has already paid for a pardon.

7 posted on 03/12/2008 8:32:41 AM PDT by Soliton (McCain couldn't even win a McCain look-alike contest)
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To: dynachrome
Wonder if Gupta would turn on the klintoons if he is offered a deal?

Don't worry, the situation is in hand.


8 posted on 03/12/2008 12:13:30 PM PDT by HAL9000 ("If someone who has access to the press says something over and over again, people believe it"- B.C.)
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To: HAL9000

Showing him the sights at Ft. Marcy Park, no doubt!


9 posted on 03/12/2008 1:13:49 PM PDT by dynachrome (Immigration without assimilation means the death of this nation~Captainpaintball)
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