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Looking back at Falcone’s communications gamble and Druckenmiller’s anti-institutionalism

AR also revisits successful hedge fund Dodd-Frank lobbying and Sprott’s long-term gold bug bet.

  Phil FalconeOne year ago»» Phil Falcone and his Harbinger Capital Partners completed an all-cash $262.5 million acquisition of SkyTerra Communications in a bold, private-equity style bet that rankled some investors. Today, SkyTerra is called LightSquared and says it is on track to build a unique wholesale-only wireless communications

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