Light Squared Bankruptcy

[ubuy2wron]

http://finance.yahoo.com/news/falcones-lightsquared-files-bankruptcy-182323779.html

[alertmeipp]

when is CLWR and S's turn?

[ubuy2wron]

when is CLWR and S's turn?

Hesse has to be one of the worst CEO,s alive today. I suspect when all is said and done Falcone may face criminal charges what he did to his hedge fund investors with locks ups and the investing in light squared stinks.

[txlaw]

when is CLWR and S's turn?

 

More likely for CLWR than for S, I think.  But I think that it is even more likely that there is just more and more dilution for shareholders, thanks to Hesse and team.