Saturday, January 12, 2013

38 Studios: Curt Schilling's Crony Capitalism Debacle

The 2012 bankruptcy of Rhode Island-based video-game developer 38 Studios isn't just a sad tale of a start-up tech company falling victim to the vagaries of a rough economy. It is a completely predictable story of crony capitalism, featuring star-struck legislators and the hubris of a larger-than-life athlete completely unprepared to compete in business.

Grouch: Does this not sound similar to some of the green energy scams perpetraiting on the taxpayer by Obama bundlers and their friends in DC?

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