Curt Schilling's 38 Studios Can't Pay Employees, Bounced A Check To The StateBarry Petchesky5/17/12 7:05pmFiled to: Curt Schilling38 StudiosRhode IslandVideo GamesPoliticsSmall BusinessNewsMlb28EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkWe've been following the sad saga of 38 Studios, Curt Schilling's video company that moved to Rhode Island after receiving a whopping loan from the state. Well, things haven't gone well. They haven't employed the number of people they promised. Their big game isn't close to being on schedule. The state is afraid they might go under, and leave taxpayers on the hook for more than $100 million. Schilling pleaded for a bailout.