Because the EDC technically sold “moral obligation bonds,” the governor is required to ask the General Assembly to appropriate money to repay the bondholders if 38 Studios can’t pay up – but the lawmakers are not required to pony up the money. It’s assumed they probably wouldn’t default, however.
Wow. I thought Reckoning sold pretty well. Two DLC packs that were both in XBL top downloads? Seems like someone is getting away with suitcases full of cash.