Crony Capitalism

Curt Schilling Loses Shirt (and Rhode Island's, too), Will Sell Sock

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As reported by Deadspin, former Boston Red Sox pitcher Curt Schilling is selling off his baseball memorabilia collection to pay back personally guaranteed loans given to his failed video game company, 38 Studios. While Schilling lost millions in the doomed enterprise, the taxpayers of Rhode Island are now on the hook for more than $100 million thanks to a crony capitalism boondoggle engineered by Fmr. Gov. Donald Carcieri (R-RI).  

The most noteworthy of the items up for auction is the famous "bloody sock" from the 2004 World Series, which had previously resided in a display case at the Baseball Hall of Fame and Museum in Cooperstown, N.Y., and which many assumed was the bloody sock from the 2004 American League Championship Series, where Schilling helped stage a historic comeback from a 3 games to none deficit against the New York Yankees. That inarguably more valuable sock was "unceremoniously discarded in a Yankee Stadium dumpster."

Earlier this month, Reason TV released the short documentary "38 Studios: Curt Schilling's Crony Capitalism Debacle." Video below:

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