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NY Times on 38 Studios

NYTimes.com offers "Curt Schilling, Rhode Island and the Fall of 38 Studios," a very lengthy and detailed look at the startup studio that ended up costing baseball star Curt Schilling and the state of Rhode Island a lot of money. Nobody comes out looking too good after all this, as the article details the na´vetÚ of game development neophyte Schilling taking on the most ambitious type of game in undertaking an MMORPG, and the sketchy history of politics in Rhode Island ("Rhode Islanders are used to being played by their politicians. What makes them cringe is the suspicion that virtually all their elected leaders might have been played by someone else."). They touch on an interstate rivalry with Massachusetts which played a part in Rhode Island's overreach here, and the behind-the-scenes machinations to facilitate the state's hefty loan to the company, which prompted the one dissenting voter to say: "Scandal finds money." The article is filled with detail on problems inherent in this situation, such as 38 Studios needing to control costs at the same time they were trying to live up to the pumped-up promise that they would bring new jobs to the state and how former 38 Studios CEO Brett Close urged releasing Amalur in smaller phases, rather than "trying to build the skyscraper horizontally and then standing it up." They sum up the current legal proceedings between Rhode Island and Schilling, and offer this interesting take: "At bottom, 38 Studios may be that rare political scandal that grew not from any lies that anyone told the public, but from the stories that desperate politicians told themselves." Thanks nin via Kotaku.

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41. Re: NY Times on 38 Studios Apr 22, 2013, 16:50 TurdFergasun
 
Julio wrote on Apr 22, 2013, 11:36:
LittleMe wrote on Apr 22, 2013, 11:22:
The Chinese and many other countries own a huge amount of our debt.

Beamer wrote on Apr 22, 2013, 11:24:
8%. China has 8% of our debt.

And other countries besides China own another 38% or so of the US debt. Not that I'm agreeing with LittleMe on why our manufacturing base is moving to China. To me, it's a matter of corporations offshoring to increase profits, and consumers not caring where they buy from. There's a large amount of people buying non-US cars, they don't care if they buy goods from China either.

Whenever this much money vanishes, I still think it's worth an investigation to see if any of it stuck to Curt or the politicians' hands.

the free market only comes into play when it's advantageous to big business in the western world, it's free market hard knocks for everyone else when it doesn't suit the old boys. It's easy to continuously shift labor to markets where labor is cheaper, and a lot of times is maintained cheaper as a result of a massive lobbying force pushing for legislation to keep it that way. The only thing free about our market is the loyalty it's minions continue to shower upon it.
 
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