Phil Falcone's Failed Wireless Venture Lightssquared Has Filed For Bankruptcy

This has just been reported by Bloomberg.   Lightsquared, of course, is the wireless venture of hedge funder Phil Falcone whose fund, Harbinger Capital, owns 97% of the telecom company…

Read more: http://www.businessinsider.com/lightsquared-files-for-bankruptcy-2012-5#ixzz1urvOJy80