LightSquared Caused Phil Falcone's Harbinger To Get Absolutely Destroyed In 2011

Phil Falcone

Photo: www.dealbreaker.com

Hedge fund manager Phil Falcone’s embattled wireless network investment LightSquared was a big bust for his Harbinger Capital Offshore Fund last year.According to Bloomberg TV, Falcone’s investment in LightSquared caused the fund to lose 47% in 2011. 

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