Why LightSquared lenders want Falcone to go away, and why that might never happen

July 09, 2012   |   July 2012 Bond Updates
The value of telecom hopeful LightSquared’s debt is defying gravity even during bankruptcy and myriad regulatory issues. While debt holders and management continue to debate the viability of the enterprise, the market awaits the truth behind the recent secondary sales of the company’s debt, something that could emerge within the month, sources have told S&P Capital IQ’s Leveraged Commentary & Data.

View more at: http://www.forbes.com/sites/spleverage/2012/07/09/why-lightsquared-lenders-want-falcone-to-go-away-and-why-that-might-never-happen/
 
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