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Philip Falcone

SEC Rejects Deal That Would Have Barred This Man From Securities Industry

AP | MARCY GORDON | Posted 07.21.2013 | Business

WASHINGTON -- The Securities and Exchange Commission has rejected an $18 million settlement that would have banned billionaire hedge-fund manager Phil...

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...

Hedge Fund Manager Allegedly Used Fund's Money To Pay His Taxes

AP | MARCY GORDON | Posted 08.27.2012 | Business

WASHINGTON — Federal regulators are suing hedge fund manager Philip Falcone and his firm, accusing him of civil fraud for using fund money to pa...

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...