Posts tagged "38 Studios"
July 10, 2012
June 29, 2012
Lincoln Chafee's remarks retroactively caused 38 Studios bankruptcy
June 27, 2012
R.I. hires Providence law firm to try recouping blood from a stone
June 26, 2012
Not to be callous, Curt, but “Strike 3 . . . yer out!!”
"I'm tapped out, if that helps"
I guess it helps a little bit.
June 18, 2012
Curt Schilling still whining he didn't get enough handouts from RI
Martha Coakley asked to investigate 38 Studios’ relocation firm - Boston.com
A lawyer representing five former employees of Curt Schilling’s bankrupt video game company asked Massachusetts Attorney General Martha Coakley on Friday to investigate the firm’s relocation company for violating the state’s consumer protection law and sticking workers with a second mortgage.
June 15, 2012
Ology Politics: Curt Schilling Owes Citizens Bank $2.4 Million, And They Want Their Money, Like, Now
So, remember when it came out, as part of the airing of dirty laundry that accompanied the demise of 38 Studios, that Curt Schilling had chosen to use $4 million of Rhode Island’s $75 million loan to pay himself rather than make payroll? Seemed pretty selfish, right?
Reblogged 11 months ago from ologypolitics
It is extraordinarily difficult for someone at the top of one field to reach the top of another, totally unrelated field. Schilling did try to hire experienced gaming execs to help fill in the blanks, but ultimately he was an ex-ballplayer in charge of a digital content corporation. And he often fell back on ballplayer habits, like wanting total control (his money, his family members on the board, etc.). Not necessarily a recipe for failure, but certainly not the base ingredients for success. Dan Primack, Fortune
Curt Schilling 'refused' to pay back debt, according to bank
To be fair, they’re bill collectors—what do you expect them to say?
June 14, 2012
R.I. Labor Dept. suspends investigation into 38 Studios because of bankruptcy filing
“Unpaid wage claims become a matter for the courts when a company declares bankruptcy or is placed into receivership.”
How Curt Schilling’s video game company duped Rhode Island out of $75 million
Perhaps the best path would be to take advantage of the fact that the 38 Studios bonds are moral-obligation bonds rather than general-obligation bonds, and simply default and refuse to pay. The big downside to defaulting is that it makes it much harder to borrow money in the future. But considering Rhode Island’s track record of debt-financed economic development schemes, that might be a blessing in disguise.
Curt Schilling just having a sucky day overall.
RBS Citizens, better known as Citizens Bank, has sued Curt Schilling to recover $2.4 million in loans it made to the retired Red Sox star’s bankrupt video game company.