Negative publicity doesn't get you bankrupt, spending more money than you earn gets you bankrupt. Which is surprising since I thought LA Noir was doing well.
Not surprised, as they have received a lot of negative publicity (shut up, fellow BCom Marketing students, there is something like negative publicity) over the last couple of months.
I think that it's a strong possibility. Plus Rockstar has refused to work with them again in future. Maybe they were paying off employees to keep them quiet XD
I suppose confidence in your company must not be very high when one of the biggest video game companies in the WORLD refuse to work with you ever again. If I was an investor, I would withdraw every cent from the company.
From what ive heard the only scumbag is this "Brendan McNamara" guy,
no point in throwing the baby out with the bath water.
All the bad publicity was about him and him alone.
Ive worked for my share of bad managers , no point in painting the company black if the manager is a douchebag.
There are also many factors that come in to over spending a budget , especially if the manager is a moron.