Page 2 - Light Squared News Today

Now the white house has denied any improper conduct in connection with this case, simply saying that the generals testimony went through the standard vetting process at the white house. three months ago a light squared executive took part in a white house sponsor roundtable in los angeles on the public of wireless innovatio megyn. megyn: thank you. there are real questions as you heard james outline about whether light squared, or the white house, or the two of them working in concert in any way...

Off. it could put our gps system and military capabilities and potentially airline safety at risk. now says the white who is tried to pressure him to massage that testimony to make it more favorable to lightsquared. his testimony before he gave it to that congressional hearing was leaked. the only oned who had it was the white house, the pentagon and omb. did anyone in government give to it lightsquared prior to the generals testimony? >> absolutely not. its a piece of misinformation out there. ...

Pose a big problem for the pentagon. chief washington correspondent james rosen has the story. >> absolutely not. >> so answered phil falcone. the billionaire investor behind light squared. a virginia based firm launching a new wireless network to charges that the company used white house connections to secure fcc waivers and to water down testimony last week by air force general william shelton. he had complained that the light squared network could interfere with critical g.p.s. systems. in an...

To change his testimony over a white house project. now, he used to be the head of the air force space command and he was going to give testimony about a virginia-based satellite company called light squared. now, apparently, i dont want to get too technical on this. what they wanted to do was come up with a 4g phone network that was going to, you know, surpass any technology weve seen in the world. well, members of the military were concerned that that might affect their gps systems so general ...

Straight to the issue of the heart of our national security is certain whether i of grave certain. >> further raising suspicions phil cohen gives a lot of money gave at love money to the green square project. another invested money in light square. donald gibbs who now serves as u.s. ambassador to south africa had $500,000 investment on light squared. william shelton did not directly state that he changed his testimony under white house pressure but he hinted at his concern. i dont know that its...

Billy, it is not just solyndra, general shelton and light squared. in each case theres common ground that is that you have big donors. big access. four meetings at the white house the week before they got 535 million dollars. then this solar city company, another big donor. and they got 275 million dollars guaranteed. another solar city company. the pattern is the same. money, buys you access, gets you money even if it is going to go bankrupt the taxpayers foot the bill. how big a scandal bill c...

>> bret: there is new scandal to worry about. alleged pressure on military leader to change congressional testimony to favor company headed by a major democratic donor. national security correspondent jennifer griffin has specifics from the pent. >> the military is worried that a technology and transmitter will interfere with the predivision gps system to guide missile, track troop position and drop bombs. that waiver was provided to a virginia-based company called light squared, whose largest i...

Latest updates on this topic.