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Tuesday, February 28, 2012

LightSquared CEO resigns amid revelations of company’s proximity to Obama White House

LightSquared CEO Sanjiv Ahuja abruptly announced his resignation Tuesday amid revelations of his company’s political proximity — and his own closeness — to the White House and Obama administration officials...The Daily Caller first reported one week ago on emails and documents that indicate political ties and numerous meetings between LightSquared and Obama administration officials as the company was undergoing regulatory review...Ahuja, who had never donated to Democrats before and has not since, gave the maximum allowable $30,400 contribution to the Democratic National Committee on the same day his lawyers were trying to arrange a meeting for him at the White House with top Obama technology adviser Aneesh Chopra and other officials

Read more: http://dailycaller.com/2012/02/28/lightsquared-ceo-resigns-amid-revelations-of-companys-proximity-to-obama-white-house/#ixzz1njoWRW4D

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