Vinod Gupta, CEO of InfoUSA, a public company that sells mailing lists, has slept in the Lincoln Room at the White House, turned down the ambassadorship to Fiji and helped fund the 2000 White House New Year's Eve party. While he has slept in the White House, his company paid the largest portion of underwriting the party, not him.
Apparently in return for these favors, his company - not Gupta - hired former President Clinton as a consultant to provide advice on strategic growth and general business issues. Clinton may be a smart guy but is he worth $3,300,000, the amount of the consulting contract, to advise InfoUSA how to better market mailing lists?
Of course, a gentleman helps not only a man but his wife. Hillary and Bill have enjoyed $900,000 worth of first class travel on the InfoUSA plane. Gupta, being a smart businessman, has had his company assume these costs as well.
Some stockholders of InfoUSA have raised the question as to whether the repayment of Gupta's debt to the Clintons should be paid by the company.
I wonder how much money Harry Truman made after his presidency.
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