Topic - Usda'S Rural Utilities Service

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  • Dispute over federal loan to wireless firm settled

    A bankruptcy trustee and government lawyers have settled accusations that the Obama administration mishandled a multimillion-dollar loan awarded to a wireless company in the waning days of the George W. Bush administration, leading the business to go broke and lay off hundreds of workers.

  • ON RECORD: FCC Chairman Julius Genachowski attended a meeting of interest to investigators of the bankrupt Open Range, which had been awarded a federal loan. (Associated Press)

    Wireless firm's creditors demand details of White House meeting

    Creditors of the bankrupt wireless company Open Range Communications, which closed in October owing more than $70 million in unpaid federal loans, say the Justice Department is refusing to turn over records as part of a court-ordered investigation, including details from a meeting between two top Obama administration officials and the White House.

  • USDA, FCC blamed in company's collapse

    Wireless provider Open Range Communications recently filed for bankruptcy owing U.S. taxpayers more than $70 million from a loan awarded in the waning days of the George W. Bush administration, but now creditors are faulting the Obama administration's handling of the loan.

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