It's always intrigued me that people who are very successful in one area believe that particular success validates their judgment in every other area. Classic case in point: Curt Schilling. From what I read from insiders in the video game industry, he pretty much did everything wrong.
Curt Schilling told the Providence Journal today that he stands to lose all of his savings on a failing video game company called 38 Studios.
The company — which Schilling founded and moved to Rhode Island in 2010 because of a $75 million loan guarantee — fired its entire staff last week.It's effectively out of business, and now RI taxpayers are on the hook for $112 million, according to CNN.
Today, Schilling spoke publicly about the failing business for the first time — blaming the government for refusing to give the company tax credits, claiming a video-game maker backed out of a deal with 38 Studios after public comments made by Rhode Island Gov. Lincoln Chafee, and saying that he put everything he's ever saved into the company.
[...] But here's an excerpt that the AP pulled out:Schilling, 45, told the newspaper he stands to lose all the money he saved while playing baseball, and rejects criticism that he is seeking a public handout.
"I have done whatever I can do to create jobs and create a successful business, with my own income. Fifty million dollars, everything I've ever saved, has been put back into the economy. The $49 million from Rhode Island has been put back in the economy. I've never taken a penny and I've done nothing but create jobs and create economy. And so how does that translate into welfare baby? I've tried to do right by people."