A state economic development official who stepped down amid the controversy over a loan guarantee to Curt Schilling’s troubled video game company will receive just under $64,000 in severance pay.
Where is the outrage from presidential candidate Willard Mitt Romney? One of his political friends – or cronies to use the term he prefers – from Massachusetts, Curt Schilling, declared bankruptcy after bilking tax payers […]
Former Red Sox pitcher Curt Schilling’s
troubled video gaming company, lured to Rhode Island with a $75
million state loan guarantee two years ago, filed for bankruptcy
protection on Thursday, and federal authorities have begun an
investigation into the firm.
Curt Schilling’s video game company, 38 Studios, laid off its entire staff in Rhode Island and Maryland last month, including 300 people who worked in Providence. If it folds, Rhode Island taxpayers may have to pick up the tab on a $75 million loan guarantee that lured 38 Studios from Massachusetts.
Former Red Sox pitcher Curt Schilling is thanking his well-wishers after his video game company defaulted on a $1.1 million payment to the state and was unable to meet payroll this week.
Former Red Sox pitcher Curt Schilling asked Rhode Island for additional help to save his video game company Wednesday, prompting state leaders to consider whether the firm is viable enough to justify further investment.