Falcone Hopes Icahn Rides to LightSquared’s Rescue

Falcone Hopes Icahn Rides to LightSquared's Rescue

In today’s “Movers & Shakers” Bloomberg’s Erik Schatzker reports that Phil Falcone, the hedge-fund manager who has invested $3 billion in wireless broadband startup LightSquared Inc., said he hoped Carl Icahn, the vulture investor who made billions seizing control of companies, might become a partner. He speaks in Bloomberg Television’s “Inside Track.” (Source: Bloomberg)