Kodak patent auction to be probed (IndiaTimes) A New York hedge fund that owns bonds of bankrupt Eastman Kodak has asked the US Trustee to probe the company......(read more)

Lightsquared Inc., the U.S. group attempting to build a wireless network using satellite spectrum, has recently made an overdue payment of $56.25 million......(read more)

Philip Falcone, founder and manager of Harbinger Capital Partners, is facing heat for his investment in LightSquared. The wireless communications company......(read more)