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Curt Schilling on 38 Studios' Demise

Former baseball star Curt Schilling was interviewed this morning on the Dennis & Callahan sports radio show on WEEI in Boston in the first such appearance since the demise of 38 Studios, the developer he founded. Boston.com quotes some of the conversation where Schilling spoke of investing all of his personal assets into the company while never a penny back out. He also says his former employees "have every right to be upset" as they were "blindsided" by the studio's closure after he promised a month or two of advance warning, admitting he "bombed on that one in epic fashion." He also describes the last ditch effort to save the company that failed because Rhode Island refused to go along with the plan, and addresses accusations that his acceptance of tax credits and loan guarantees from the state were hypocritical in light of his outspoken conservative viewpoints: "I don't know how that correlates to this. I donít have any problem with government helping entrepreneurs and businesses." Thanks JJ.

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36. Re: Curt Schilling on 38 Studios' Demise Jun 22, 2012, 19:53 Sepharo
 
RollinThundr wrote on Jun 22, 2012, 14:35:
Obama didn't need to bail GM out with tax payer money, they could and SHOULD have filed for bankruptcy and refinanced/restructured themselves. GM still owes the taxpayers millions, and guess what we'll never see it. The only entity that won out in that deal was the auto workers union, surprise surprise. Same thing with Crysler, the kicker there? Crysler is now owned by a European car maker.

You don't really know what you're talking about.

Global auto industry crisis 2008-2010
U.S. in 2008-2010 auto industry crisis

Bush put $17.4 billion into the bailout using executive powers to redirect TARP money after the Senate rejected the bill (a rare thank you to Mr. Bush!). Both Chrysler and GM filed for bankruptcy. Obama later put $21.6 billion into the bailout and fired GM's CEO. Chrysler has since "repaid its loans" years ahead of schedule, unfortunately GM owes much more still but it's still paying it off and has since become the #1 auto maker in the world again.

All that said, the numbers are all over the place and the bailout wasn't any one loan or event. It was over years and for various different reasons and funding sources... PolitiFact has more.

So yeah billions still to be paid off but I think saving a national industry and an entire metro region of about 5 million people was worth it especially considering what a huge success it was. Meanwhile Mitt "Let Detroit Go Bankrupt" Romney writes a fucking article in the top paper of his "home" state shitting on the people there and then after the successful bailout changes his name to Mitt "Iíll take a lot of credit" Romney. What a piece of shit.
 
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  1. Jun 22, 12:16 Re: Curt Schilling on 38 Studios' Demise Tumbler
  2. Jun 22, 12:22 Re: Curt Schilling on 38 Studios' Demise fujiJuice
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  16. Jun 22, 14:04        Re: Curt Schilling on 38 Studios' Demise NKD
  21. Jun 22, 17:02      Re: Curt Schilling on 38 Studios' Demise jdreyer
  3. Jun 22, 12:32 Re: Curt Schilling on 38 Studios' Demise Creston
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  11. Jun 22, 13:42   Re: Curt Schilling on 38 Studios' Demise Creston
  18. Jun 22, 15:23    Re: Curt Schilling on 38 Studios' Demise bhcompy
  14. Jun 22, 13:53 Re: Curt Schilling on 38 Studios' Demise Cutter
  17. Jun 22, 14:35  Re: Curt Schilling on 38 Studios' Demise RollinThundr
  26. Jun 22, 18:07   Re: Curt Schilling on 38 Studios' Demise Cutter
  27. Jun 22, 18:32    Re: Curt Schilling on 38 Studios' Demise Tom
  29. Jun 22, 18:34    Re: Curt Schilling on 38 Studios' Demise bhcompy
  35. Jun 22, 19:44     Re: Curt Schilling on 38 Studios' Demise Cutter
  32. Jun 22, 19:09    Re: Curt Schilling on 38 Studios' Demise jdreyer
>> 36. Jun 22, 19:53   Re: Curt Schilling on 38 Studios' Demise Sepharo
  37. Jun 22, 20:47    Re: Curt Schilling on 38 Studios' Demise RollinThundr
  38. Jun 22, 21:18     Re: Curt Schilling on 38 Studios' Demise Sepharo
  39. Jun 22, 21:35      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  41. Jun 22, 21:55       Re: Curt Schilling on 38 Studios' Demise Prez
  43. Jun 22, 22:02        Re: Curt Schilling on 38 Studios' Demise RollinThundr
  50. Jun 22, 23:11         Re: Curt Schilling on 38 Studios' Demise Mr. Tact
  45. Jun 22, 22:44       Re: Curt Schilling on 38 Studios' Demise jdreyer
  48. Jun 22, 23:03        Re: Curt Schilling on 38 Studios' Demise RollinThundr
  51. Jun 22, 23:20         Re: Curt Schilling on 38 Studios' Demise Mr. Tact
  71. Jun 23, 13:57          Re: Curt Schilling on 38 Studios' Demise sfhand
  72. Jun 23, 14:04           Re: Curt Schilling on 38 Studios' Demise RollinThundr
  74. Jun 23, 15:32            Re: Curt Schilling on 38 Studios' Demise descender
  76. Jun 23, 17:12             Re: Curt Schilling on 38 Studios' Demise RollinThundr
  77. Jun 23, 17:31              Re: Curt Schilling on 38 Studios' Demise descender
  79. Jun 23, 17:35               Re: Curt Schilling on 38 Studios' Demise RollinThundr
  80. Jun 23, 18:11                Re: Curt Schilling on 38 Studios' Demise Stormsinger
  81. Jun 23, 18:14                 Re: Curt Schilling on 38 Studios' Demise RollinThundr
  84. Jun 23, 20:45                  Re: Curt Schilling on 38 Studios' Demise Yifes
  82. Jun 23, 19:12                Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  85. Jun 23, 21:10                 Re: Curt Schilling on 38 Studios' Demise RollinThundr
  86. Jun 23, 22:20                  Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  87. Jun 23, 23:05                   Re: Curt Schilling on 38 Studios' Demise RollinThundr
  89. Jun 24, 00:37                    Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  90. Jun 24, 02:03                     Re: Curt Schilling on 38 Studios' Demise RollinThundr
  91. Jun 24, 02:09                      Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  92. Jun 24, 08:19                       Re: Curt Schilling on 38 Studios' Demise Prez
  98. Jun 24, 17:20                        Re: Curt Schilling on 38 Studios' Demise jdreyer
  93. Jun 24, 10:47                       Re: Curt Schilling on 38 Studios' Demise Dades
  94. Jun 24, 12:12                        Re: Curt Schilling on 38 Studios' Demise RollinThundr
  96. Jun 24, 12:45                         Re: Curt Schilling on 38 Studios' Demise Wowbagger_TIP
  97. Jun 24, 12:55                          Re: Curt Schilling on 38 Studios' Demise Stormsinger
  75. Jun 23, 16:57            Re: Curt Schilling on 38 Studios' Demise sfhand
  54. Jun 23, 00:01         Re: Curt Schilling on 38 Studios' Demise jdreyer
  63. Jun 23, 02:26         Re: Curt Schilling on 38 Studios' Demise cappy
  58. Jun 23, 01:37       Re: Curt Schilling on 38 Studios' Demise cappy
  40. Jun 22, 21:54     Re: Curt Schilling on 38 Studios' Demise jdreyer
  42. Jun 22, 21:56      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  44. Jun 22, 22:15      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  52. Jun 22, 23:38       Re: Curt Schilling on 38 Studios' Demise jdreyer
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  57. Jun 23, 01:32     Re: Curt Schilling on 38 Studios' Demise cappy
  60. Jun 23, 01:45      Re: Curt Schilling on 38 Studios' Demise RollinThundr
  56. Jun 23, 01:13    Re: Curt Schilling on 38 Studios' Demise bhcompy
  55. Jun 23, 01:01   Re: Curt Schilling on 38 Studios' Demise cappy
  59. Jun 23, 01:38    Re: Curt Schilling on 38 Studios' Demise RollinThundr
  65. Jun 23, 03:14     Re: Curt Schilling on 38 Studios' Demise cappy
  66. Jun 23, 03:40      Re: Curt Schilling on 38 Studios' Demise jdreyer
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  78. Jun 23, 17:32        Re: Curt Schilling on 38 Studios' Demise m0deth
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  100. Jun 24, 18:17          Re: Curt Schilling on 38 Studios' Demise RollinThundr
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  103. Jun 24, 20:15            Re: Curt Schilling on 38 Studios' Demise Sepharo
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  22. Jun 22, 17:11  Re: Curt Schilling on 38 Studios' Demise jdreyer
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