Tag: Bloomberg

LightSquared Bankruptcy Now A Possible Option For Investor Phil Falcone

Professional Land Surveyor News

Phil Falcone, who invested around $3 billion in LightSqaured through his hedge fund Harbinger Capital Partners, is now considering placing the troubled broadband wireless company in bankruptcy.

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More Bad News for LightSquared From Sprint and President Obama

Professional Land Surveyor News

The Bad, The Ugly and The LightScrewed News from around the web today was not good for LightSquared. Earlier this week, I wrote Sprint Grants LightSquared 30 More Days for FCC Approval, Has Another Wheel Fallen Off LightSquared’s Wagon?, and today

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