Showing posts with label Harbinger Capital Partners. Show all posts
Showing posts with label Harbinger Capital Partners. Show all posts

Wednesday, December 28, 2011

iViewit Technology Theft - Curtis Lu Time Warner Inc. General Counsel LEAVES without Disclosing Massive Liability to Time Warner Board and Shareholders

Before Curtis Lu Left Time Warner, Curtis Lu Called Iviewit Founder Eliot Bernstein. How Much Risk Does Harbinger Capital Partners Investors Now Have ?

LightSquared now has Massive Liability in Curtis Lu as their General Counsel.

The Investors of Harbinger Capital Partners Will Pay the Price.

Do your Homework - it's YOUR Money ~ It's Your Life.

Curtis Lu Time Warner (NYSE: TWX) Contacts Eliot Bernstein April 15, 2010, after OVER a Decade in which Time Warner NEW of the Iviewit Technologies Massive Liability to the Time Warner Inc. and Related Companies.

Time Warner used this Technology and Continues
to VIOLATE Signed Agreements to This Day.

Time Warner has Violated Licensing Agreements with Iviewit Tech., and Violated NBA agreements. Curtis Lu - Time Warner IGNORES Massive Shareholder FRAUD then Conveniently Leaves Time Warner for the Harbinger Capital Partners - Philip Falcone investment of LightSquared.

Marc Garber of Flaster Greenberg and Eliot Bernstein of Iviewit Technologies Speaks with Curtis Lu of Time Warner Inc. About the RISK and Liability that Time Warner Faces over the Massive Fraud of the Stolen Iviewit Technology.

Curtis LU admitted he was familiar with the situation, and KNOWS all the Details and Liabilites and FAILED to Warn the Time Warner Board, Time Warner Shareholders.

"April 15, 2010 call prior to filing formal SEC Complaint and giving Time Warner a last chance to pay the true and proper inventor of Digital Imaging and Video Scaling Inventions and avoid further actions. "

After all is Said and Done, Curtis Lu Time Warner Inc. General Counsel - Now the General Counsel at Harbinger Capital Partners - Lightsquared.. well at the end Curtis Lu says he is Going to Go Back to His "Client" and Get THEIR "Reaction"

Well you Sure Gotta wonder what the Clients Reaction Was - I Mean that Next Month Curtis Lu went to some Convention where he talked about future issues and potential problems with Intellectual Property Rights - what a Joke that was.. and a few months later Curtis Lu, Time Warner Inc. Leaves Time Warner to be the General Counsel of Harbinger Capital Partners - Philip Falcone Multi-Billion Dollar Investment of a Company Called "Lightsquared" - which seems to think they will take over as the Leading Wireless, Internet Company in a couple of short years.

Ok so did Jeffrey Bewkes FIRE Curtis LuTime Warner Inc. - or Did They Cut a Deal where Curtis Lu would Leave with benefits and a good record? Did Jeff Bewkes WARN the Board of Directors at Time Warner Inc. or the Shareholders of Time Warner Inc. ?

WHO Did "Curtis Lu" - General Council of Time Warner actual "Get Back To?" and what did THEY really say to Curtis Lu, Time Warner Inc. General Counsel.

Curtis Lu is Involved in the SEC Complaint and Suit and will CERTAINLY call Eliot.. well Curtis Lu never did get back to Eliot. So What REALLY Happened?

Eliot Gave Time WarnerCurtis Lu Very Good Options and Well Curtis Lu was either FIRED or Simply Left Time Warner Inc. Right After This. Why? What is the REAL truth of Curtis Lu Leaving Time Warner for Philip Falcone - Harbinger Capital Partners, Star Investment LightSquared?

How Much Risk Does Harbinger Capital Partners Investors Now Have ?

Why is the NEW Time Warner General Counsel Paul T. Cappuccio IGNORING this Massive Shareholder Fraud and Failing to Disclose this Multi-Trillion Dollar Liability?

Well this is Massive Fraud and it is Easily PROVEN though Mary L. Schapiro the Chairman of the U.S. Securities and Exchange Commission seems to so far Ignore over 1200 documents and 10 years of proof, it is still proven and the Shareholders of Time Warner Inc., AOL, Warner Bros., Sony, Intel Corp., Lockheed Martin, IBM, and Many more will pay Trillions.. oh WEll Right .. Jeffrey Bewkes and Mary Schapiro and all the Others at the Top will not pay,odds are they have already hid their assets, I mean they have known this was coming for a VERY long time and STILL they sit on it. .the MOTIVE?

TO make sure they get THEIRS before the Investors / Shareholders take the inevitable financial hit that they will indeed take. .

So what did Jeffrey Bewkes, Chairman and Chief Executive Officer really have to say about the now famed call from Time Warner Inc. - General Counsel Curtis Lu to Eliot Bernstein Iviewit Founder and One of the Inventors of the Mult-Trillion Dollar Iviewit Technology that Time Warner has made Billions on Top of Billions on and all the while knowing they had STOLEN the Technology and Violated SIGNED agreements with Iviewit. Where is Jeffrey Bewkes, Chairman and Chief Executive Officer on this?

"Jeff Bewkes is Chairman and CEO of Time Warner Inc. He was elected Chairman of the Board of Directors in January 2009, having served on the Board since January 2007. He was elected CEO of the Company in January 2008. "

Jeff Bewkes KNOWS of Massive Fraud and Neglects to TELL the Time Warner Board. Jeff Bewkes is GUILTY of Massive Shareholder Fraud and WILL BE indicted. This is Criminal, this is Immoral and Folks.. there is over 1200 Documents of Proof on top of other massive information. This is Fact, Jeff Bewkes Time Warner KNOWS it and DOES nothing to Warner you THE board, the investors of Time Warner Inc. - Why?




Part 1 - Curtis Lu for Time Warner Inc.




Part 2 Curtis Lu - Time Warner General Counsel




Part 3 - Curtis Lu - Time Warner General Council FAILS
to Disclose Massive Shareholder Liability.

So Curtis Lu, Ask Yourself, How Much "Risk" - Liability did you Bring to Philip Falcone and to LightSquared which is raking in billions of investors money to be the NEW "internet network" that takes over all others.

Yet Curtis Lu is their General Council and is named in a Federal RICO Lawsuit and an SEC Complaint and KNOWS of a Mult-Trillion Dollar Shareholder Fraud involving his Former Employer Time Warner Inc. - Well Curtis LuLightsqared General Counsel is Sure in Deep on this.

Time Warner Massive Liability - There is Proof that Time Warner Inc. was Infringing on this Technology, tons of the proof, and Yet Time Warner Inc. DOES not have This Liability Reported on the Books, WHY?

"We Should Have Been Disclosing?" - Curtis Lu asks.. GEE .. umm.. hmm..

"So Uh, are we.. uh is Time Warner a Defendent in all this? "

Time Warner Inc. has a Massive Undisclosed Liability...

So What Does the Time Warner Inc. Board have to Say about all this?

Jeffrey L. Bewkes
Chairman and Chief Executive Officer, Time Warner Inc.

James L. Barksdale
Chairman and President, Barksdale Management Corporation

William P. Barr
Former Attorney General of the United States

Stephen F. Bollenbach
Former Co-Chairman and Chief Executive Officer, Hilton Hotels Corporation

Frank J. Caufield
Co-Founder and Partner, Kleiner Perkins Caufield &; Byers

Robert C. Clark
Distinguished Service Professor, Harvard University

Mathias Döpfner
Chairman, Chief Executive Officer, Axel Springer AG

Jessica P. EinhornDean, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University

Fred Hassan
Former Chairman and Chief Executive Officer, Schering-Plough Corporation

Michael A. MilesSpecial Limited Partner, Forstmann Little & Company

Kenneth J. Novack
Senior Counsel, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC

Deborah C. WrightChairman, President and Chief Executive Officer, Carver Bancorp, Inc.


What Do the Senior Corporate Executives at Time Warner Have to Say?

Jeffrey L. BewkesChairman and Chief Executive Officer

Paul T. CappuccioExecutive Vice President and General Counsel

Patricia Fili-KrushelExecutive Vice President, Administration

Gary L. GinsbergExecutive Vice President, Corporate Marketing and Communications

John K. Martin
Executive Vice President and Chief Financial Officer

Carol A. Melton
Executive Vice President, Global Public Policy

Olaf Olafsson
Executive Vice President

Connected Time Warner Inc. Companies
Global Media Group, HBO - Home Box Office, Warner Bros. Entertainment,Time Inc., Turner Broadcasting System, AOL - ALL Liable for this Multi-Trillion Dollar Stolen Technology.


More Links to the Iviewit Stolen Technology Story
http://www.iViewit.tv/

http://www.DeniedPatent.com/

http://www.JeffreyBewkes.com/

Sunday, September 11, 2011

Philip Falcone - Lightsquared, Harbinger Capital Partners, Why Did Philip Falcone Hire and Investigative Blogger ?

Philip Falcone - Harbinger Capital - Harbinger Capital Partners - Harbinger Group Inc. Hired an Investigative Blogger to Turn up Dirt on Insiders of the GPS Council and those in the Save the GPS Coalition in order to Affect Public Perception and Dig up reasons why they were "ganging up on Lightsquared".


Philip Falcone - Harbinger Capital - Harbinger Capital Partners, Lightsquared - Harbinger Group Inc, in my Opinion has connection in the FCC that are On "his side", and I believe that  Philip Falcone - Harbinger Capital - Harbinger Capital Partners - Harbinger Group Inc, has connections with Intel's CEO Paul Otellini  that gets Philip Falcone Harbinger Capital Partners, Lightsquared - Political Favors, SEC Favors, FCC Favors, Special Treatment international in the Telecommunications Industry. 


I believe, in my Opinion, that Philip Falcone of Harbinger Capital Partners, Harbinger Group Inc, and Lightsquared have connections with Goldman Sachs, JP Morgan and Credit Suisse that are way more then meets the eye and go way back to the Billions made in the Secondary Mortgage Market.  And I Believe that these connections get political favors still today. 


I believe, in my Opinion, that Philip Falcone of Harbinger Capital Partners, Harbinger Group Inc, and Lightsquared has been involved in many dealings within the US Bankruptcy Courts that need to be EXPOSED to the light.  I Believe there is alot more to the Larry StricklingMotorola Connection and many other things that Philip Falcone of Harbinger Capital PartnersHarbinger Group Inc, and Lightsquared have been accused of in the last year. 

Please eMail Me If YOU Have a Tip
on ANYTHING on this Post. 

Crystal@CrystalCox.com 

Did Harbinger Capital Partners - Lightsquared Philip Falcone Hire an Investigative Blogger to Manipulate the FCC, GPS Council, Gently and Partially Expose NTIA members (but not to much Exposure), to expose Alan Kahn as a Serial Plaintiff to discredit Alan Kahn and alter public perception of the spectrum usage?

Did Philip FalconeHarbinger Capital Partners - Lightsquared Philip Falcone hire an investigative blogger to take over the search engines for what he wanted found by those looking for Lightsquared or any Spectrum Usage Issues?

What is the Real Story with the Political Favortism, Friends at the SEC, and other Political Fraternity and Favors Owed ?

Why did Philip Falcone SEEM to want .. to Go Easy on the "Intel CEO", and Intel is connected to the iViewit Stolen Technlogy as far as it seems to me and so is Curtis Lu, the Now General Counsel of Lightsquared that was the General Counsel of Time Warner Inc.  Here is a Link to Intel Corp. Involvement with the iViewit Technlogy Theft and Usage.

http://www.industrywhistleblower.com/2011/02/open-letter-to-intel-corp-board-of.html

More Coming Soon regarding Philip Falcone, Harbinger Capitol and Andrew Hamerling, James Kirkland, Craig McCaw, Deere and Company, and Trimble Navigations.

What does Harbinger Capital Partners Lightsquared Philip Falcone have to say about Kenneth Boehm, about the Owner of LightsquaredSucks.com ( not ME), about the Spectrum Usage, Conflicts of Interest with James Kirkland and Clearwire, and the GPS Issues in General?

*****
More Coming Soon on Philip Falcone, Lightsquared "Offering" to Limit the Power
from It's Signal, more on the Supporting the Hurricane yet Interference with Weather Equipment.

More on Philip Falcone knowing that no way would Lightsquared Fail or why would Philip Falcone, Harbinger Capital put Billions at Stake.  You would have to, IN MY OPINION, have an in with a few politicians, someone at the FCC, Someone at NTIA, and well a few Senators, Congressman and overseas officials sure don't hurt, RIGHT ?

Information coming soon on the possible and "Alleged" connections and why with...  Miles Rubin and Coda, on the connections of Terrastar Bankruptcy's, Lucent, Echostar, Politicians and Lobbyists, Satelitte Contracts unDisclosed, Middle East Deals, Phillipine and International Internet Providing Deals, Political Favortism with US Officials and Orange, Political Favors in the Philippines, Kathleen Murphy Connections, Credit Suisse, Goldman Sachs, JP Morgan, Crutch and Dunn Law Firm in All this ......

More about Recent 'Fires', and New Hires .. Lightsquared - Harbinger Capital Partners.

Information and More Background on Sanjiv AhujaCurtis LuLarry StricklingPeter JensonSteve OliveSteve GlazeKenneth BoehmKeith HladekPhillip HummHugh RovitAnthony GenitoMarc Kirschner,

.. More on Spectrum Brands, the FCC Supposed Probe, GPS Interference Issues, FCC Chairman Julius Genachowski, Hurricane Tracking Equipment, Congressional Science Committee Hearing,U.S. House Science, Space and Technology Committee, Transportation Department and the National Aeronautics and Space Administration, North American Energy Partners, Inc. (NYSE: NOA) ,Harbert Management CorporationCharlie Ergen and the multiple bankruptcy cases surrounding Terrastar, Loral Space and many others that seem to affect all this and certainly affect the prices of stocks.

Is there really a Spectrum Shortage? What is the Real Story on the issue many say that Philip Falcone Harbinger Capital Partners got the "Spectrum" for FREE ??

When Did Philip FalconeHarbinger Capital Partners Begin to Suspect interference from Verizon and ATT and possibly their Lobbyists?

Why does Philip Falcone, Harbinger Capital seem to feel Curtis Lu is innocent in the iViewit Stolen Technology Scandal as the Formor General Counsel of Warner Bros, Time Warner Inc. Whom seems to me to be guilty of using, stealing a 13 Trillion Dollar Patent

Click on Link Below for More on iViewit and Time Warner and the Case of a 13 Trillion Dollar Stolen Technology, and 
the fact, as proven from taped phone calls online and email documentation from iViewit, Curtis Lu talked with Eliot Bernstein Founder of Iviewit Technologies and one of the iViewit Inventors, just before Curtis Lu left Time Warner as their Genera Counsel and is Now the General Counsel of Lightsquared, whom Philip Falcone "thinks" is a Good Guy. 


Philip Falcone Believes that James Kirkland is somehow guilty by association, as James Kirkland was the General Counsel of Clearwire Corp. and is Now the General Counsel of Trimble Navigations and James Kirkland is head "Outspoken" One of the GPS Council and the Fight for "Save our GPS".   YET Somehow this Double Standard by Philip Falcone, Harbinger Capital, Lightsquared seems to go unnoticed in regard to his chosen General Counsel of Lightsquared, Curtis Lu - who WAS knowledgeable of what seemed a Massive Shareholder Fraud and Failed to disclose this Fraud.

More on Time Warner Inc. and iViewit
http://www.investigativeblogger.com/2011/03/twx-open-letter-to-time-warner-warner.html

More Curtis Lu, Lightsquared General Counsel Links

http://www.curtislu.com/2011/02/curtis-lu-time-warner-inc-general.html

http://www.curtislu.com/search?updated-max=2011-02-22T18%3A49%3A00-08%3A00&max-results=7

Research what Curtis Lu, Lightsquared General Counsel knew and seemed to fail to disclose to shareholders, and auditors about this Massive Possible Fraud on Investors, and then decide if Curtis Lu, Lightsquared General Counsel will MOST Likely do the same thing to Harbinger Capital - Lightsquared Investors.

More Soon also on
"Omar Asali President Of Harbinger Group Inc." -  Harbinger Capital Partners .. and the connections, affiliations and backstory.. 


And more soon on .. 


* Philip Falcone while he was at Barclays Capital

* How did Philip Falcone KNOW to bet against the Secondary Mortgage Market?  What does Kathleen MurphyCredit Suisse, and Goldman Sachs have to do with any inside information Philip Falcone, Lightsquared, Harbinger Capital

The New York Times Company, Cleveland-Cliffs, Inmarsat, SkyTerra and Terrestar,and British sugar producer Tate & Lyl.. and how all of this affects you in this PUSH for Spectrum to Make Billionaires Even More Billions.

What is the Truth of HBOS and the Philip Falcone Connection?

**********

All information will Be Posted Coming Soon at


Philip Falcone .com 


http://www.philipfalcone.com/

Posted Here by
Crystal L. Cox
Investigative Blogger
Crystal@CrystalCox.com 


Please eMail Me If YOU Have a Tip on ANYTHING on this Post. 


Philip Falcone Research Links


http://www.investigativeblogger.com/2011/02/is-credit-suisse-right-on-suggesting.html


http://www.sanjivahuja.com/

http://www.investigativeblogger.com/search/label/Philip%20Falcone

http://www.sanjivahuja.com/2011/02/ad-hoc-group-senior-secured-payment-in.html

http://www.larrystrickling.com/2011/03/ken-boehm-on-philip-falcone.html

http://nlpc.org/sites/default/files/HarbingerLetter.pdf

Tuesday, July 12, 2011

Harbinger Group Inc., Omar Asali, Philip Falcone, Harbinger Capital Partners - Omar Asali announced as Harbinger Group Inc. President. Harbinger Capital Partners


Harbinger Group Inc. (“HGI” or the “Company”; NYSE: HRG) announced that Omar Asali has been appointed acting President of Harbinger Group Inc. (, and is expected to be appointed President subject to approval by the Board of Directors of Harbinger Group Inc. (.

Omar Asali, Harbinger Group Inc. has served as a Director of the Harbinger Group Inc. since May 2011. Omar Asali, Harbinger Group Inc. is also a Managing Director and Head of Global Strategy for Harbinger Capital Partners and Omar AsaliHarbinger Group Inc. is responsible for its global portfolio and business strategy of Harbinger Group Inc. 

Philip Falcone, who was President of Harbinger Group Inc., will continue to serve as the Chairman of the Board and Chief Executive Officer of Harbinger Group Inc.

Philip FalconeHarbinger Group Inc. said “Omar’s appointment significantly strengthens the management team for building HGI, and I look forward to working with him to take the Company forward,” - Philip Falcone, Chief Executive Officer and Chief Investment Officer. Harbinger Group Inc. - Harbinger Capital Partners

Philip FalconeHarbinger Group Inc. Said,  "I have known Omar Asali for almost 10 years and have complete confidence in Omar Asali's management skills and Omar Asali 's ability to lead and build organizations. I believe his business and financial acumen will contribute significantly to our future growth and value-creation potential.”

Prior to joining Harbinger Capital Partners in 2009, Omar AsaliHarbinger Group Inc. Harbinger Capital Partners was co-head of Goldman Sachs Hedge Fund Strategies (“HFS”), where Omar AsaliHarbinger Group Inc. -  Harbinger Capital Partners helped to manage capital allocated to external managers.

Omar AsaliHarbinger Group Inc. also served as co-chair of the Investment Committee at HFS. Before joining HFS in 2003,Omar AsaliHarbinger Group Inc. - Harbinger Capital Partners worked in Goldman Sachs’ Investment Banking Division, where Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners provided merger and acquisition and strategic advisory services. Omar Asali, Harbinger Group Inc. -  Harbinger Capital Partners began his career in public accounting as a C.P.A.

Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners received an M.B.A. from Columbia Business School and a B.S. in Accounting from Virginia Tech.


Harbinger Group Inc. is a diversified holding company. Harbinger Group Inc.’s principal operations are conducted through subsidiaries that offer life insurance and annuity products, and branded consumer products such as batteries, pet supplies, home and garden control products, personal care and small appliances.

Harbinger Group Inc. focuses on opportunities in these sectors as well as financial products, telecommunications, agriculture, power generation and water and natural resources.

Harbinger Group Inc.makes certain reports available free of charge the Harbinger Group Inc. website at www.harbingergroupinc.com as soon as reasonably practicable.




Thursday, February 3, 2011

Harbinger Capital Partners Invests in Coda Holdings Soon to Produce the Coda Sedan, an All Electric Vehicle. Miles Rubin

"Southern California electric car and battery maker Coda Holdings has raised $76 million of new investments in preparation for the production of its all-electric flagship vehicle.

The Santa Monica-based company said Wednesday that the new funds bring its total invested capital to more than $200 million as it looks to begin production of the four-door, five-passenger Coda Sedan and to develop its Lithium-Ion battery systems.

New investors in the company include Harbinger Capital Partners, and current investors who contributed include company founder and co-chairman Miles Rubin.

The company had planned to start selling the sedan in 2010 but has delayed the beginning of production until the second half of this year. "

Source of Harbinger Capital Partners - Coda Holdings - Miles Rubin Post.

http://www.sfexaminer.com/news/2011/01/calif-company-raises-76m-toward-new-electric-car#ixzz1AJdEiWlw

Monday, December 20, 2010

Fred Salerno is former Vice Chairman and CFO of Verizon

"Mr. Stroz and Mr. Friedberg will continue as Co-Presidents and will be joined on Stroz Friedberg’s Board of Directors by Fred Salerno, Raj Gupta, Myron Trepper, and Alok Singh, who will serve as Lead Director. Robert Niehaus and Dhiren Shah will continue serving on the Board representing Greenhill Partners. Fred Salerno is former Vice Chairman and CFO of Verizon and current Director of Akamai Technologies, Inc., CBS Corp., Intercontinental Exchange, Inc., Banco Popular, Inc., Viacom, Inc., and National Fuel Gas Co. Raj Gupta is former Chairman and CEO of Rohm and Haas and current Director of Tyco, The Vanguard Group, Delphi Automotive and HewlettPackard Company.

Myron Trepper formerly served as Co-Chairman of Willkie Farr & Gallagher LLP and now serves as Senior Counsel to the law firm.

“For 10 years, Eric Friedberg and I have kept our firm focused on helping companies and law firms with exceptional expertise in digital evidence, investigations, and computer breach incident response,” says Mr. Stroz, “and we see the need for these services, including Foreign Corrupt Practices Act and forensic accounting investigations, substantially increasing.”

Fred Salerno Links to Research Fred Salerno

Viacom Connections and Verizon Connections and Researching my Sites on Lightsquared? Hmmmm

http://en.wikipedia.org/wiki/Frederic_Salerno

Something Fishy about all of these Fred Salerno..
Email me your Fred Salerno Tip..
Crystal@CrystalCox.com

Wednesday, November 24, 2010

Philip Falcone - Harbinger Capital Partners Fund - Harbinger Group - Spectrum Brands

"Philip Falcone Finds a New Way to Raise Money Harbinger's chief, facing investor redemptions, will use a shell company to pay for acquisitions

Philip Falcone, the hedge fund manager who made a fortune betting against subprime mortgages in 2007, has hit a tough patch. His flagship Harbinger Capital Partners Fund and another fund under his control have faced redemption calls from major investors anxious about the funds' investments in a wireless satellite network.

Harbinger Capital is also at the center of an investigation by the Securities and Exchange Commission and the Manhattan U.S. Attorney's office over a $113 million loan it gave to Harbinger Capital Partners founder and Chief Executive Officer Falcone to cover a tax bill, according to two people with knowledge of the probe. Falcone, who declined an interview request, said in an e-mail that the loan "was documented and audited by outside accountants and legal advisers."

Despite his troubles, the hedge fund manager has found a way to raise funds in a difficult environment. Falcone, 48, is selling stock and bonds through Harbinger Group (HRG), a publicly traded shell company.

On Nov. 15, Harbinger Group raised $350 million by selling five-year debt yielding 11 percent. Falcone plans to use the new capital to buy controlling stakes in industries from agriculture to telecommunications, according to a Nov. 1 filing by Harbinger with the SEC.

To back the bonds, Harbinger hedge funds plan to give Harbinger Group most of their majority stake in Spectrum Brands (SPB), a publicly traded company whose products include Rayovac batteries and George Foreman grills, in exchange for additional Harbinger Group Stock.

Most hedge funds raise money from institutional investors, such as pension funds, that can withdraw their money under certain circumstances. Owning a publicly traded company allows Falcone to pay for acquisitions by issuing stock. "Our corporate structure provides significant advantages compared to the traditional hedge fund structure for long-term holdings," Harbinger Group said in the Nov. 1 SEC filing.

Redemption calls are a worry now at Harbinger. Goldman Sachs (GS) plans to pull its entire $120 million investment from Harbinger Capital Partners following a 15 percent decline this year through mid-October and the disclosure about the personal loan to Falcone, according to people briefed on Goldman's plans.

Other investors such as Advantage Advisers Management, a subsidiary of Oppenheimer Asset Management, have also indicated they want out, according to regulatory filings. Falcone's New York-based firm's overall assets have declined to about $9 billion, as of September, from $26 billion in mid-2008.

Falcone has angered some clients by investing about 90 percent of his flagship Harbinger Capital Partners Fund and more than half his Special Situations Fund in wireless-telecommunications investments, as of September. He is trying to build a multibillion-dollar satellite wireless network that would take on entrenched players such as AT&T (T) and Verizon Communications (VZ) through a company he created called LightSquared.

Falcone is liquidating about 80 percent of the $2 billion Special Situations Fund at the request of clients, investors say. He's been trying since June to raise $1 billion to $1.5 billion for LightSquared from investors who would be willing to commit capital for several years, according to potential investors who have seen marketing documents.

In theory, Falcone could use shares of Harbinger Group, which is listed on the New York Stock Exchange (NYX), to meet redemptions in his hedge funds, says David Guin, head of the U.S. securities practice at law firm Withers Bergman in New York.

Harbinger spokesman Jeffrey Zelkowitz says the proceeds of the bond sale won't be used to cover redemptions or finance investments in LightSquared. "Rather, HGI is a permanent capital vehicle to house longer-term controlling equity stakes in companies that operate across a diversified set of industries."

Falcone created Harbinger Group last year, when three of Harbinger's hedge funds paid $74 million to acquire a 51.6 percent stake in Zapata, an oil driller with cash and no operating businesses that was co-founded by President George H.W. Bush.

Falcone reincorporated Zapata as Harbinger Group in December and later moved its headquarters to Manhattan from Rochester, N.Y. Having Harbinger Group gives Falcone a degree of freedom he doesn't have now, says Daniel Celeghin, a partner at Casey, Quirk & Associates, a Darien (Conn.)-based consultant to investment advisory firms: "Here is a pool of money you can manage indefinitely, and you don't have to worry about redemptions."

The bottom line: While dealing with investor redemptions, Falcone is raising capital through a public company he took over. "

Source of Post
http://www.businessweek.com/magazine/content/10_49/b4206051251677.htm

Saturday, October 2, 2010

Curtis Lu Time Warner Inc. General Counsel LEAVES without Disclosing Massive Liability to Time Warner Board and Shareholders

Before Curtis Lu Left Time Warner, Curtis Lu Called Iviewit Founder Eliot Bernstein. How Much Risk Does Harbinger Capital Partners Investors Now Have ?

LightSquared now has Massive Liability in Curtis Lu as their General Counsel.

The Investors of Harbinger Capital Partners Will Pay the Price.

Do your Homework - it's YOUR Money ~ It's Your Life.

Curtis Lu Time Warner (NYSE: TWX) Contacts Eliot Bernstein April 15, 2010, after OVER a Decade in which Time Warner NEW of the Iviewit Technologies Massive Liability to the Time Warner Inc. and Related Companies.

Time Warner used this Technology and Continues
to VIOLATE Signed Agreements to This Day.

Time Warner has Violated Licensing Agreements with Iviewit Tech., and Violated NBA agreements. Curtis Lu - Time Warner IGNORES Massive Shareholder FRAUD then Conveniently Leaves Time Warner for the Harbinger Capital Partners - Philip Falcone investment of LightSquared.

Marc Garber of Flaster Greenberg and Eliot Bernstein of Iviewit Technologies Speaks with Curtis Lu of Time Warner Inc. About the RISK and Liability that Time Warner Faces over the Massive Fraud of the Stolen Iviewit Technology.

Curtis LU admitted he was familiar with the situation, and KNOWS all the Details and Liabilites and FAILED to Warn the Time Warner Board, Time Warner Shareholders.

"April 15, 2010 call prior to filing formal SEC Complaint and giving Time Warner a last chance to pay the true and proper inventor of Digital Imaging and Video Scaling Inventions and avoid further actions. "

After all is Said and Done, Curtis Lu Time Warner Inc. General Counsel - Now the General Counsel at Harbinger Capital Partners - Lightsquared.. well at the end Curtis Lu says he is Going to Go Back to His "Client" and Get THEIR "Reaction"

Well you Sure Gotta wonder what the Clients Reaction Was - I Mean that Next Month Curtis Lu went to some Convention where he talked about future issues and potential problems with Intellectual Property Rights - what a Joke that was.. and a few months later Curtis Lu, Time Warner Inc. Leaves Time Warner to be the General Counsel of Harbinger Capital Partners - Philip Falcone Multi-Billion Dollar Investment of a Company Called "Lightsquared" - which seems to think they will take over as the Leading Wireless, Internet Company in a couple of short years.

Ok so did Jeffrey Bewkes FIRE Curtis Lu, Time Warner Inc. - or Did They Cut a Deal where Curtis Lu would Leave with benefits and a good record? Did Jeff Bewkes WARN the Board of Directors at Time Warner Inc. or the Shareholders of Time Warner Inc. ?

WHO Did "Curtis Lu" - General Council of Time Warner actual "Get Back To?" and what did THEY really say to Curtis Lu, Time Warner Inc. General Counsel.

Curtis Lu is Involved in the SEC Complaint and Suit and will CERTAINLY call Eliot.. well Curtis Lu never did get back to Eliot. So What REALLY Happened?

Eliot Gave Time Warner, Curtis Lu Very Good Options and Well Curtis Lu was either FIRED or Simply Left Time Warner Inc. Right After This. Why? What is the REAL truth of Curtis Lu Leaving Time Warner for Philip Falcone - Harbinger Capital Partners, Star Investment LightSquared?

How Much Risk Does Harbinger Capital Partners Investors Now Have ?

Why is the NEW Time Warner General Counsel Paul T. Cappuccio IGNORING this Massive Shareholder Fraud and Failing to Disclose this Multi-Trillion Dollar Liability?

Well this is Massive Fraud and it is Easily PROVEN though Mary L. Schapiro the Chairman of the U.S. Securities and Exchange Commission seems to so far Ignore over 1200 documents and 10 years of proof, it is still proven and the Shareholders of Time Warner Inc., AOL, Warner Bros., Sony, Intel Corp., Lockheed Martin, IBM, and Many more will pay Trillions.. oh WEll Right .. Jeffrey Bewkes and Mary Schapiro and all the Others at the Top will not pay,odds are they have already hid their assets, I mean they have known this was coming for a VERY long time and STILL they sit on it. .the MOTIVE?

TO make sure they get THEIRS before the Investors / Shareholders take the inevitable financial hit that they will indeed take. .

So what did Jeffrey Bewkes, Chairman and Chief Executive Officer really have to say about the now famed call from Time Warner Inc. - General Counsel Curtis Lu to Eliot Bernstein Iviewit Founder and One of the Inventors of the Mult-Trillion Dollar Iviewit Technology that Time Warner has made Billions on Top of Billions on and all the while knowing they had STOLEN the Technology and Violated SIGNED agreements with Iviewit. Where is Jeffrey Bewkes, Chairman and Chief Executive Officer on this?

"Jeff Bewkes is Chairman and CEO of Time Warner Inc. He was elected Chairman of the Board of Directors in January 2009, having served on the Board since January 2007. He was elected CEO of the Company in January 2008. "

Jeff Bewkes KNOWS of Massive Fraud and Neglects to TELL the Time Warner Board. Jeff Bewkes is GUILTY of Massive Shareholder Fraud and WILL BE indicted. This is Criminal, this is Immoral and Folks.. there is over 1200 Documents of Proof on top of other massive information. This is Fact, Jeff Bewkes Time Warner KNOWS it and DOES nothing to Warner you THE board, the investors of Time Warner Inc. - Why?






Part 1 - Curtis Lu for Time Warner Inc.






Part 2 Curtis Lu - Time Warner General Counsel






Part 3 - Curtis Lu - Time Warner General Council FAILS
to Disclose Massive Shareholder Liability.

So Curtis Lu, Ask Yourself, How Much "Risk" - Liability did you Bring to Philip Falcone and to LightSquare which is raking in billions of investors money to be the NEW "internet network" that takes over all others.

Yet Curtis Lu is their General Council and is named in a Federal RICO Lawsuit and an SEC Complaint and KNOWS of a Mult-Trillion Dollar Shareholder Fraud involving his Former Employer Time Warner Inc. - Well Curtis Lu, Lightsqared General Counsel is Sure in Deep on this.

Time Warner Massive Liability - There is Proof that Time Warner Inc. was Infringing on this Technology, tons of the proof, and Yet Time Warner Inc. DOES not have This Liability Reported on the Books, WHY?

"We Should Have Been Disclosing?" - Curtis Lu asks.. GEE .. umm.. hmm..

"So Uh, are we.. uh is Time Warner a Defendent in all this? "

Time Warner Inc. has a Massive Undisclosed Liability...

So What Does the Time Warner Inc. Board have to Say about all this?

Jeffrey L. Bewkes
Chairman and Chief Executive Officer, Time Warner Inc.

James L. Barksdale
Chairman and President, Barksdale Management Corporation

William P. Barr
Former Attorney General of the United States

Stephen F. Bollenbach
Former Co-Chairman and Chief Executive Officer, Hilton Hotels Corporation

Frank J. Caufield
Co-Founder and Partner, Kleiner Perkins Caufield & Byers

Robert C. Clark
Distinguished Service Professor, Harvard University

Mathias Döpfner
Chairman, Chief Executive Officer, Axel Springer AG

Jessica P. Einhorn
Dean, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University

Fred Hassan
Former Chairman and Chief Executive Officer, Schering-Plough Corporation

Michael A. Miles
Special Limited Partner, Forstmann Little & Company

Kenneth J. Novack
Senior Counsel, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC

Deborah C. Wright
Chairman, President and Chief Executive Officer, Carver Bancorp, Inc.


What Do the Senior Corporate Executives at Time Warner Have to Say?

Jeffrey L. Bewkes
Chairman and Chief Executive Officer

Paul T. Cappuccio
Executive Vice President and General Counsel

Patricia Fili-Krushel
Executive Vice President, Administration

Gary L. Ginsberg
Executive Vice President, Corporate Marketing and Communications

John K. Martin
Executive Vice President and Chief Financial Officer

Carol A. Melton
Executive Vice President, Global Public Policy

Olaf Olafsson
Executive Vice President

Connected Time Warner Inc. Companies

Global Media Group, HBO - Home Box Office, Warner Bros. Entertainment,Time Inc., Turner Broadcasting System, AOL - ALL Liable for this Multi-Trillion Dollar Stolen Technology.


More Links to the Iviewit Stolen Technology Story

http://www.iViewit.tv/

http://www.DeniedPatent.com/

http://www.JeffreyBewkes.com/

http://www.ceopaulotellini.com/

http://www.brucesewell.com/