 LinklistPremium
join:2002-03-03
Longport, NJ
kudos:5 | Lightsquared accused of buying FCC decisions in past years »dailycaller.com/2012/02/28/light···e-house/
The Daily Caller first reported one week ago on emails and documents that indicate the Federal Communications Commission propped up LightSquared with favorable regulatory decisions as company executives met with administration officials at the White House and in other places. Obama’s FCC also appears to have used its regulatory muscle to eliminate LightSquared’s competitor, GlobalStar.
TheDC also uncovered a pattern of political contributions to Democrats that appear engineered to create a favorable political climate for LightSquared. Ahuja, who had never donated to Democrats before and has not since, gave the maximum allowable $30,400 contribution to the Democratic National Committee on the same day his lawyers were trying to arrange a meeting for him at the White House with top Obama technology adviser Aneesh Chopra and other officials.
»dailycaller.com/2012/02/21/docum···olyndra/
In emails between Ahuja’s lawyers and White House officials Ahuja wanted to meet with, his lawyers pointed out that he would attend an Obama fundraiser on or about the same day he wanted the meeting.
LightSquared spokesman Terry Neal did not immediately respond to TheDC’s request for comment on the possible connections between Ahuja’s resignation and revelations published exclusively by TheDC.
The Obama administration FCC approved Harbinger’s purchase of SkyTerra after what appeared to be a series of favorable regulatory decisions amid White House visits.
In the press release, Falcone said he remains confident in LightSquared’s future despite these new revelations and the company’s reported challenges related to GPS interference issues.
Edit: Falcone also put himself on Lightsquared's Board of Directors. I guess he wants to keep a closer eye on his minions.
--
The nine most terrifying words in the English language are, I'm from the government and I'm here to help.
»www.politico.com/2012-election/
|
|
 KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK | They tried to just muscle it through by paying contributions, a strategy that has worked for telecom giants for years.
... there's a catch though.... they were up against OTHER telecom giants and other big interests this time.
Simply put: They were up against other money set against them. Washington at it's finest. I think Lightsquared was particularly arrogant about it as well, they kept making clear statements, thinly disguised that if things go their way they'll pay. Much like the AT&T merger with T-Mobile, they just figured they'd throw cash and get what they wanted.
They both failed.
--
"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
|
|
LinklistPremium
join:2002-03-03
Longport, NJ
kudos:5 | reply to Linklist
A House committee is going to investigate the FCC over their Lightsquared decisions:
»thehill.com/blogs/hillicon-valle···tsquared |
|
KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK | Ah, more money from Telecom interests at work.
Also, it's an election year so they'll want to try and score political points as well, but will be very careful to limit the scope of the investigation so it won't splatter over to their own interests. (Such as AT&T influence, etc) |
|
