Back in 2010, Curt Schilling agreed to deal to move his company, 38 Studios, from Massachusetts to Rhode Island in exchange for a $75 million loan guarantee. Less than two years later, 38 Studios declared bankruptcy as a result of the Rhode Island Economic Development Agency's (RIEDC) use of bonds to pay for the deal. In response, the Securities and Exchange Commission alleged that the bond produced by Wells Fargo and the RIEDC failed to "disclose that 38 Studios had conveyed that it...
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