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To: WL-law

It took me only a few minutes to confirm my suspicions exactly.

From the Washington Post:

Largess To Clintons Lands CEO In Lawsuit
Case Is a Window On Couple’s Ties

By Matthew Mosk and John Solomon
Washington Post Staff Writers
Saturday, May 26, 2007

For the past four years, the Clintons have jetted around on Vinod Gupta’s corporate plane, to Switzerland, Hawaii, Jamaica, Mexico — $900,000 worth of travel. The former president secured a $3.3 million consulting deal with Gupta’s technology firm. His presidential library got a six-figure gift, too.

Gupta’s generosity toward the Clintons has proved so controversial within his firm — a major provider of database-processing services — that it prompted a shareholder lawsuit complaining that hiring the former president was a “waste of corporate assets.”

.... In addition, it suggests the degree to which Hillary Clinton’s political career is also benefiting from those connections.

...

The jet travel for the Clintons was charged to the company as “business development” expenses, the lawsuit said. The company jet took them to vacation spots, whisked the former president to an international conference in Geneva and to a commemorative speech in Oklahoma City, and shuttled Hillary Clinton to a campaign fundraiser in New Mexico.

The Clintons complied at the time with federal law by reimbursing Gupta for a portion of the costs for the flights Hillary Clinton took to political and other events. The Clintons do not have to reimburse InfoUSA for any of Bill Clinton’s travel, and they had to pay only the equivalent of first-class airfare for her travel, a fraction of the actual cost.
.........


5 posted on 04/04/2008 4:30:49 PM PDT by WL-law
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To: WL-law

With their net worth, it’s surprising that the Clinton Foundations doesn’t have a timeshare arrangement on a jet. It would have saved the InfoUSA shareholders millions.


6 posted on 04/04/2008 4:51:21 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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