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Phil Falcone & Harbinger's 4G Wireless Network Bet: LightSquared

By MarketFolly on Fri, 2011-09-16 02:01
(via www.marketfolly.com)

Philip Falcone's hedge fund Harbinger Capital Partners has invested $2.9 billion into private 4G wireless network: LightSquared. We've detailed Harbinger's 4G bet before, but Falcone yesterday was interviewed by Maria Bartiromo from the Delivering Alpha Conference.

His whole goal with this...

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