LightSquared CEO Resigns Amid Appearance of Bribery

Posted by Unknown on Wednesday February 29, 2012 @04:30AM from the punished-with-huge-severance-package dept.

New submitter msauve writes "LightSquared, the company who's request to use make use of spectrum in a way likely to interfere with GPS was recently denied, has suffered another setback. CEO Sanjiv Ahuja has now resigned, only a week after a report detailing political contributions and the personal financial interests of Obama and officials in his administration in SkyTerra, the precursor company to LightSquared. Ahuja's one and only contribution to the Democratic Party occurred on the same day he tried to arrange a meeting with Obama administration officials, apparently as part of LightSquared's desire to fast track FCC approval of a change beneficial to the company."

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Would have worked on Bush, not Obama by Anonymous Coward · 2012-02-29 04:54 · Score: -1, Troll

If a Republican was President, there would not have been any problem bribing your way into an arrangement that damages the country.
Look at Enron, Halliburton, Boeing, BP, Exxon.
They all bribed Republicans and got their way.
Now with a Democratic President, sleazy corporations have shifted to bribing corrupt politicians who seek to defeat the President electorally.
Large scale bribes to super-pacs are specifically designed to unseat un-bribeable politicians.
That's why Republican Supreme Court Justices invented the SuperPac in a 5-4 partisan decision.
Republicans thrive on corruption.