Reuters: Technology News: Falcone's LightSquared files for bankruptcy

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Falcone's LightSquared files for bankruptcy May 14th 2012, 18:33 Philip Falcone, chief executive officer and chief investment officer for Harbinger Capital Partners, participates in a panel discussion during the Skybridge Alternatives (SALT) Conference in Las Vegas, Nevada May 9, 2012. Credit: Reuters/Steve Marcus

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