|Conservative darling Schilling|
...Curt Schilling said Friday that the collapse of his 38 Studios video game company probably has cost him his entire baseball fortune, and he placed part of the blame on Rhode Island officials, including Gov. Lincoln Chafee.
Schilling said during a 90-minute interview on WEEI-FM in Boston that he put more than $50 million of his own money in the company and that he's had to tell his family that "the money I saved during baseball was probably all gone." source
He is not the first former athlete to make bad investments, nor will he be the last. However, there is a unique twist to his story. Schilling has been notorious for expressing his vehement opposition to government spending and bail-outs:
He missed a $1 million payment on the loan this week, then delivered a check that bounced today. Late in the day, he delivered another payment that the governor of Rhode Island says cleared.
Earlier this week, he asked his Rhode Island state government friends -- already on the hook for $75 million -- for more. source