Home  ›  News  ›

Carl Icahn Buys $300 Million of LightSquared Debt

Article Comments  

This forum is closed.

This forum is closed.


Jan 20, 2012, 2:28 PM

He does nothing with stuff!

He bought the 70 percent completed Fontainebleau here in Vegas that was supposed to be open already like 3 years ago! That would be one of the most beautiful resorts. Then he sells the furnishings for the place at auction. Wth.
It is all part of his scheme to double up on his money ;).

He will do the same with Lightsquared.
That's exactly what I thought of when I saw your post was the Fontainblaeu. I currently live in Vegas. **But am going to school with intentions of moving back home!!!**

The Cosmopolitan is doing plenty fine, and so could the Fontainblaue if it was ...
He is a vulture. Same guy that bought TWA and ran it into the gound.
He will hold about 18% (if I figured right) of LS debt which will probably put him near the first of the line when it goes under.

But, he doesn't do these things without a plan....
Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram



All content Copyright 2001-2023 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.