LightSquared goes down in flames

....The only model this demonstrates is how Democratic donors got favorable treatment from the Obama administration. The Post doesn’t mention that Obama was an early investor in a LightSquared predecessor, or how investors had access to the White House, nor how the White House tried to pressure witnesses to Congress to modify testimony favorably toward LightSquared. None of the reports mention that the FCC could have easily bench-tested this a year ago and found out exactly what we know now, which would have saved LightSquared and taxpayers a lot of time and money. Grassley’s investigation wants to get to the bottom of all these questions, and so far Genachowski has been stonewalling to prevent it.....