Posted on 08/21/2008 2:59:44 PM PDT by fightinJAG
Footnote to the Democratic primary: Among the worries of the party faithful about New York Sen. Hillary Rodham Clinton was the business baggage of Bill Clinton, including his lucrative relationship with Vinod Gupta, founder and CEO of the infoUSA database and marketing firm.
Make that former CEO.
Gupta was replaced as chief executive of the Omaha-based firm as part of a proposed settlement of a shareholder suit which accused him of misspending millions in company funds, part of that on the Clintons.
Gupta, who still owns a hefty chunk of infoUSA shares, remains a board member, but turns over the reins of the company to one of its outside directors, according to an infoUSA announcement this morning.
Under Gupta, infoUSA paid for use of a corporate yacht with an all-female crew, a jet, a box at the University of Nebraska football stadium and condominiums in Hawaii and California.
(Excerpt) Read more at swamppolitics.com ...
Pics. We need the pics.
FMCDH(BITS)
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