Worse than Solyndra. Add the name LightSquared to your crony capitalism watch list. The story emerging has elements even worse than the squandering of half a billion dollars on an Obama bundler's venture. Brendan Sasso of The Hill reports: LightSquared plans to provide high-speed wholesale wireless service nationwide through a network of satellites and land-based cell towers ... MOREThomas Lifson: Crony Capitalism At LightSquared
Worse than Solyndra. Add the name LightSquared to your crony capitalism watch list. The story emerging has elements even worse than the squandering of half a billion dollars on an Obama bundler's venture. Brendan Sasso of The Hill reports: LightSquared plans to provide high-speed wholesale wireless service nationwide through a network of satellites and land-based cell towers ... MORE