Month October 2011

Lightsquared: FCC to rule by year end

Dailywireless has a detailed, sometimes technical explantion of Lightsquared’s dilemma. The politically connected company wants to install terrestrial wireless. However many think it might inferere with GPS and that the Democratic Party insiders and big hitter contributors involved with the…

Fitch smacks the gangster banks

Fitch downgrades UBS, many others, puts Morgan Stanley, Bank of America, Goldman, BNP, Deutsche Bank, SocGen and others on Watch Negative This will have massive effects over the coming months. The game is up for the the TBTF banks who…