The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

LightSquared Is Back In Business

And that business is making interest payments on its mountain of debt, as creditors, would-be creditors, Phil Falcone and a federal bankruptcy-court judge fiddle. LightSquared lost $51.4 million in July, bringing Philip Falcone’s wireless venture’s total loss since its May 2012 bankruptcy filing to $1.51 billion…. The company again attributed the bulk of the losses…

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