The Philip Falcone Headlines are Starting to Read Like a Comic Strip - the Motives are All over the Place..

Bank of America Loans Money on a Philip Falcone Art Collection, are you Kidding. Lightsquared is to Be the Biggest Wireless Company in the World, Supposedly and we have headlines of Feng Shui to keep away investigators and Art Collection Loans as Collateral for Loans... this Stuff is Looking Pretty Bad..

So Here is this Headline...

"Phil Falcone Pledges Art For Loan"

"Harbinger Capital founder Philip Falcone, who is already in hot water over a loan from one of his funds, has also pledged some of his art collection toward a loan.

Bank of America gave the loan to Falcone and his wife Lisa, with collateral described as “certain items of fine art,” according to a filing with the New York Department of State.

The amount of the loan, what it is being used for and what art was pledged were not revealed in the filing made by the bank Nov. 4.

Some of Falcone’s investors are also upset that he took a loan from his special situations fund last year to pay a $113 million tax bill when the same fund was closed to redemptions.

The Securities and Exchange Commission and the U.S. Attorney are reportedly investigating the circumstances of Falcone’s loan from his fund.

Falcone told The Wall Street Journal that he had already paid back half the loan.

Goldman Sachs reportedly is redeeming $120 million from the fund, in part, because of concern over that loan. Blackstone Group was reported to be doing the same, while the New York State Common Retirement Fund was said to have redeemed $41 million.

Harbinger did not return a call seeking comment on the loans.

At the same time that Falcone is facing controversy over his special situations fund, his flagship fund hasn’t been performing well this year; it’s reportedly down 15% through October.

But Falcone is still on track to complete his next project: a 4G wireless network. LightSquared, the telecommunications company that Falcone is backing, successfully launched a satellite dedicated to the network on Monday. "

Source of Philip Falcone - Harbinger Capital Partners News Article
http://www.hedgefund.net/publicnews/default.aspx?story=11929

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So What Does this Mean "The Securities and Exchange Commission and the U.S. Attorney are reportedly investigating the circumstances of Falcone’s loan from his fund. " I mean is it Fact or NOT? Is an investigation by the Securities and Exchange Commission and the U.S. Attorney or NOT? I mean it's your Tax Dollars at work here. You would think this stuff would be FILED, Reported... there would be Complaints Filed .. So is it "Reported" - meaning Goldman Sachs told ABC to .. ya know .. Smear Philip Falcone.. or is it FACT. .is the Truth Relevant at All.. How can, Supposed News, say this stuff willy nilly when Billions on top of Billions of Dollars are At Stake? Is there no Accountability what so ever...

And is the "Investors" Really Upset .. or is this speculation? IS one or two investors upset.. say Goldman Sachs and Blackstone - I mean have the investors been Quoted, Polled or really had a say in FACT .. in QUOTE what so ever or is this more .. Making Shit Up to Bring Down Lightsquared in Order to Protect the Turf of Verizon ? Well you already know my Opinion on that one.

And Well the last line of this article says "But Falcone is still on track to complete his next project: a 4G wireless network. LightSquared, the telecommunications company that Falcone is backing, successfully launched a satellite dedicated to the network on Monday"

So they throw in a BUT Philip Falcone, Harbinger Capital Partners statement of well all is still going well so don't worry - the Thing is Crisis, Loans on Art, Upset Investors, SEC and NYAG investigations.. or Maybe so .. oh and then that LightSquared thing.. well it's still a go.. maybe - I mean they did just throw up a Satellite and all. So what Next.. ? Will there be more road blocks thrown up for LightSquared - What Will Verizon do to STOP the Rise of LightSquared? Well We shall see, my guess is just about anything.. there is to much to be lost to TOO many Billionaires for them to Let LightSquared get a foothold..

And Who is Hedgfund.net Anyway and Really How dare they say Falcone did not return a Call.. What.. a Call to Comment on a Loan on a Private Art Collection and other Gibberish.. Hmmm..

Hedgefund.net - Channel Capital Group Inc., so what "Agenda" do they have? Who are they and is there an Angle that is of REAL Importance to Investors or the General Public... NO probably NOT .. most likely just the illusion of a Good Domain Name.. - So Who is Channel Capital Group Inc. - Capital Z Investment Partners ?? I mean Come on.. they are Part of the Associate Press - Yet ME Exposing Corruption and Telling Truth is for Some Reason Denied this Supposed "Right" - I say that Hedgefund.net is .. well ... Full of It and Needs to Do Some Thinking on what they Yammer About.. oh UNLESS they have a Mission, an Agenda to Push another investment that is In Competition with Harbinger Capital Partner and LightSquared... now there's a thought..

Got a Tip on Philip Falcone and Harbinger Capital Partners ?

How about a Tip on Verizon and Goldman Sachs?

got a Tip on Hedgefund.net - Channel Capital Group Inc. - Capital Z Investment Partners

Crystal@CrystalCox.com

Ownership, Board of Directors and Lots More Coming Soon on Hedgefund.net - Channel Capital Group Inc. - Capital Z Investment Partner, Donald Cacciapaglia, B. Minerd, Laurence Cheng and what makes them JUMP on the let's take Down Harbinger Party.. .. Stay Tuned..

"Channel Capital Group Inc. to Gather Information on Private Investment Opportunities for Private Equity and Hedge Fund Firms - "NEW YORK, June 4 /PRNewswire/ -- Channel Capital Group Inc., owner of alternative investment information services, HedgeFund.net (HFN) and PrivateEquityCentral.net, announces the launch of Capdial(SM), an innovative new database of private company investment and lending opportunities. Designed specifically for companies seeking $500,000 - $25 million in capital, Capdial lists institutional-focused equity or debt financings at revenue generating companies, as well as venture capitalinvestments and real estate development projects.

Capdial is structured for direct access by the 5000+ pre-qualified private equity, hedge fund and family office members of HedgeFund.net "

Source

http://www.highbeam.com/doc/1G1-164437939.html

Do You think that Channel Capital Group Inc.has motive to TRASH Harbinger.. or is it a .. ya But look they just launched a Satelllite so it's all good.. well the Motive, the Side, the Money.. the back end of this.. Coming Soon.. Come on you Know I will Get to the Bottom of it ..

Also Coming SOON - this New York State Common Retirement Fund pulling Money. .is this any connection to NYAG Corruption or are their Conflicts of Interest with this State of New York Supposed Investigations... I Say Big Money and Well a Big Player in the Only Game in Town - 4G Wireless is the ONLY Game and Who is On top of that is ON Top of Hedge Funds, Tech Companies and Well All Money in this next decade in a major way.. so watch out .. I think this will all get dirtier.. Verizon is Not Going to Fall Without a Loud Noise..