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Philip Falcone

Stay Classy: Hedge Fund Manager Spent On Private Jet While Borrowing For Taxes

Bloomberg Businessweek | KATHERINE BURTON, SAIJEL KISHAN and JOSHUA GALLU | Posted 06.28.2012 | Business

In early 2009, hedge-fund manager Philip Falcone was living the life of a newly made billionaire. He had started extensive renovations on a $49 millio...

FCC Sends Wireless Broadband Firm LightSquared Back to Square One

Corbin Hiar | Posted 04.18.2012 | Technology
Corbin Hiar

Wireless broadband company LightSquared's fast-tracked approval process came to a screeching halt late Tuesday when the FCC decided to "indefinitely suspend" its conditional waiver to operate.

The Next Berkshire Hathaway?

nytimes.com | AZAM AHMED | Posted 10.16.2011 | Business

In a four-page letter, Christopher P. Mittleman, the chief investment officer at a small New York money manager, likens the embattled hedge fund billi...

Philip Falcone's LightSquared Could Test Ultrafast 4G Wireless In Denver

Denver Business Journal | Bill Flook | Posted 05.25.2011 | Denver

Harbinger Capital Partners, a New York hedge fund headed by billionaire Philip Falcone, has selected Nokia Siemens Networks in a $7 billion, eight-yea...

Philip Falcone, Hedge Fund Manager, Bets The Farm On Satellites

Reuters | Matthew Goldstein and Svea Herbst Bayliss | Posted 05.25.2011 | Business

Investing with hedge fund manager Philip Falcone, who oversees about $8 billion at his Harbinger Capital Partners, has required an awfully strong stom...

Hedge Fund Managers Tell Congress They See Need For Tighter Restrictions

NY Times | LOUISE STORY | Posted 05.25.2011 | Business

Five prominent hedge fund managers testified Thursday before a House committee that they supported some additional regulation of their industry. The ...

Ex-Penthouse Publisher's NYC Pad Sells For $49 Million

New York Post | Braden Keil | Posted 05.25.2011 | Business

The Upper East Side mansion seized from former Penthouse magazine publisher Bob Guccione has been sold by his creditors for a very sexy price. Accord...