Feds Investigating Big Clinton Backer, Favors For Bill And Hil Questioned

[babylonsister]

SEC Investigates Omaha Database Company
Wednesday November 21, 3:16 pm ET
By Josh Funk, AP Business Writer
SEC Opens Investigation Into Company Whose Founder Spent Heavily on Clinton Travel, Library


OMAHA, Neb. (AP) -- The Securities and Exchange Commission has opened an investigation into spending by database marketer in Omaha which already faces a lawsuit alleging the company misspent millions -- some of it on Bill and Hillary Clinton.

The shareholder lawsuit questions why InfoUSA Inc. founder Vin Gupta used private corporate jets to fly the Clintons on business, personal and campaign trips, why Gupta gave Bill Clinton a $3.3 million consulting contract and why the company paid for extravagant luxuries Gupta enjoyed.

The company said in a filing Tuesday that it would cooperate with the SEC's request for documents related to expense reimbursement, transactions with related parties, some corporate expenditures and certain trades of company stock.

The company did not specify what the SEC is looking for, but the lawsuit filed by two investment managers in a Delaware court may offer some clues.

Investment manager Cardinal Value Equity Partners and hedge fund Dolphin Limited Partnership filed the lawsuit earlier this year alleging Gupta misspent millions of dollars in corporate funds.

According to the lawsuit, InfoUSA has spent nearly $900,000 since 2001 flying the Clintons to domestic and international locations and political events.

more...

http://biz.yahoo.com/ap/071121/infousa_investigation.html?.v=3

[Captain Hilts]

1. Bush DoJ going after the leading Dem candidate? Why would they want to do that? nt

[babylonsister]

4. Is the SEC part of the DOJ? nt

[Captain Hilts]

7. Okay, Bush's SEC going after the Dem front runner? Pourquoi? nt

[illinoisprogressive]

2. Bush wants Hillary to be president. This guy has been in big trouble before with his own board

The directors of his company have been upset and reprimanded him this past spring.
this man has been doing some very unethical things.

[Evergreen Emerald]

3. BS they hate the Clintons. The firings of the federal prosecutors

did exactly what they wanted done: investigate democrats and attempt to ruin them

[babylonsister]

5. It's a shareholder lawsuit the FEC is investigating, and has nothing

to do with federal prosecutors. Perhaps you'd benefit from reading the article before reacting.

[Captain Hilts]

8. Now you're saying the FEC.....nt

[babylonsister]

9. Oh my, a typo, so sorry. I meant SEC. nt

[druidity33]

11. Federation for Egalitarian Communities? nt

[Reno.Muse]

6. Why aren't they also investigating neocon Sheldon Adelson and his donations

for Guiliani and the invasion of Iran?

Google Guiliani and Sheldon Adelson and you will see what I mean.

[KoKo]

10. Yep...Josh Marshall has an article up from Chicago Times about Adelson...

and his casiono's and Rudi and ties to AIPAC. Real nest of snakes there too. The Vast Criminal Enterprise of the Powers that Be...encompasses both parties, though. Their nepotism and equal opportunity High Roller Globalists and Lobbyists for Defense and Gambling and Prostitution are everywhere.