Whopping Commission

The Center for Public Integrity: Crossroads groups raise whopping $51 million in 2011By Peter H. Stone, iWatch NewsSuper PAC American Crossroads and its sister organization raised more than $51 million last year with more than 60...The Huffington Post - Jan 31 05:06pm
Double trouble for Phil Falcone's LightSquaredFederal regulators delivered a near death blow yesterday to Phil Falcone’s troubled LightSquared venture, saying the government would revoke the initial approval it granted the company to operate its high-speed wireless network. The Federal Communications Commission said it planned to suspend the license after a key government report determined...New York Post - Feb 14 10:36pm
Falcone double troubleThe Federal Communications Commission said it won’t let billionaire hedge-fund manager Phil Falcone’s LightSquared begin service after an Obama administration adviser found that the wireless venture disrupts navigation gear. Federal agencies have determined that LightSquared’s signals interfere with global-positioning system devices, Tammy Sun, an FCC spokeswoman, said...New York Post - Feb 14 08:52pm
10 Best New Stock Ideas by Steven CohenBOSTON (TheStreet) -- Need new investment ideas? Steven Cohen's SAC Capital hedge fund initiated 461 equity bets in the fourth quarter, including recent hot IPO Michael Kors Holdings and Reliance Steel. Cohen's Stamford, Conn.-based hedge fund was founded in 1992 and has generated average annual returns of about 30% with a long-short equity strategy, according to The Wall Street Journal. As the ...TheStreet.com - 1 hour, 1 minute ago

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