Senator Says LightSquared, Falcone May Have Offered Bribe

Jan 24 2012 | 2:25pm ET

Add a possible bribery scandal to the growing list of headaches for Harbinger Capital Partners and its controversial wireless Internet venture.

Sen. Charles Grassley (R-Iowa) yesterday took Harbinger founder Philip Falcone to task for a potential quid pro quo arrangement he says a supposed Harbinger representative offered to one of his staffers.


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    Save The Date: FINforums Annual Hedge Fund Summit

    Feb 21 2012 | 9:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry.
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