LightSquared Attempted to Bribe Senator Grassley With A Call Center?
This blog was one of the first blogs to report the LightSquared scandal. At the time it seemed that the administration was the sole culprit in the case when it pressured Air Force Major General William Shelton to change his testimony about the adverse effect LightSquared's proposed 4G LTE network would have on GPS. Later it was learned that the waiver granted by the FCC which was chaired by Julius Genachowski, a law school buddy of President Obama was tantamount to a $10 billion gift to LightSquared if it could successfully build out its wireless network. Further digging revealed that many in the Obama administration were invested personally in LightSquared and that one Obama crony,
Donald Gips had reaped a $500,000 profit when he sold his stock options and that Senator Obama had once purchased $50,000 worth of Skyterra stock, the company that owned the broadband spectrum which was acquired by Harbinger Capital and renamed LightSquared.
Okay, team Obama got caught with its hand in the cookie jar and unless it can come up with another retirement plan soon they may have to live out the rest of their lives in the middle class. Now a new wrinkle to the case is emerging and this case may turn toxic. Sen. Chuck Grassley has been a consistent and persistent critic of LightSquared and now he is charging that LightSquared is attempting to use "improper influence" to silence him.
Grassley states that twice his staff has been contacted urging him to "pull punches" in his investigation. If the Senator would agree to not rough up LightSquared too much Iowa, Grassley's home state, would be rewarded with a "call center".
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