Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (39740)	6/14/2000 12:46:00 PM
From: Ilaine	Respond to of 42523

There are at least two bidders for Iridium's constellation, Castle Harlan and Venture Partners. Right now as I understand it Castle Harlan is paying Motorola $200,000 a month to operate the constellation. Judge Blackshear has scheduled a hearing on the bids for July 31, but he may have to recuse himself before then because the creditors want to sue Chase Manhattan and Chase's lawyer and Judge Blackshear have some kind of relationship that may create a conflict of interest. Stay tuned.