Bloomberg News

Falcone Nearly Triples Lobbyist Spending

April 24, 2012

In today's "Movers & Shakers " Bloomberg's Erik Schatzker reports that LightSquared Inc. almost tripled spending on U.S. lobbying as the telecommunications company backed by billionaire Philip Falcone fought to keep regulators from killing its planned nationwide wireless network. He speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)

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