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Archae

(46,327 posts)
Sat Jun 9, 2012, 10:45 PM Jun 2012

Another "conservative" hypocrite...

This one shilling (pun intended) for a "small government" politician, but he wants state taxpayers to bail him out.

(Associated Press) PROVIDENCE, R.I. — The federal and state probes into former Red Sox pitcher Curt Schilling’s video gaming company, which filed for bankruptcy protection this week, extend to all the firm’s financial transactions, the head of the Rhode Island state police said Friday.

Col. Steven O’Donnell said state police, the state attorney general, the U.S. attorney in Rhode Island and the FBI are conducting the investigation into 38 Studios. He didn’t elaborate.
The U.S. attorney’s office confirmed the investigation but would not provide details.

The Providence-based company, along with a sister operation in Baltimore, filed for bankruptcy Thursday in Delaware.
The parent firm owes US$150.7-million and listed its assets at US$21.7-million, according to court filings. 38 Studios Baltimore owes more than US$121.4-million and has assets of more than US$335,000, the filings show.

In both filings, the company lists its biggest liability as US$115.9-million in debt from bonds backed by the state, interest on the bonds and fees to Rhode Island.

http://www1.whdh.com/news/articles/local/south/12007653558744/baseball-champ-facing-possible-failure-in-business/

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Another "conservative" hypocrite... (Original Post) Archae Jun 2012 OP
kick Angry Dragon Jun 2012 #1
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