The last thing that Harbinger Capital Management founder
Philip Falcone needed was another problem. But that's exactly what he's got
after his wife was charged with drunk driving over the holiday weekend.
Lisa Marie, Falcone's colorful spouse, allegedly crashed her
car in Bridgehampton, N.Y., on Saturday afternoon. Police say she was both
drunk and on prescription medication.
Falcone was charged with driving while intoxicated. No one
was injured. Falcone was released on her
own recognizance and was back in court today, when her case was adjourned until
Oct. 3, pending the results of a blood test.
Falcone's husband is currently fighting a Securities and
Exchange Commission fraud lawsuit while simultaneously trying to save his
troubled wireless Internet venture, LightSquared, and turn his hedge fund,
which lost almost half of its value last year, around….
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