LightSquared, Obama, and Soros
As Republican lawmakers begin to dig into the White House’s cozy relationship with a startup wireless company and the wealthy Democratic donor who owns it, a new character has appeared on the story’s edges: liberal superdonor, conservative bete noire and controversial investor George Soros. Soros reportedly invested in the telecom company LightSquared through a hedge fund, and many of the nonprofits he finances have backed LightSquared in regulatory and policy disputes. The background ...
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