This is a sad post, and it still shows the unsuitableness of out economy. This is some info taken from some court papers filed by Midway owner Mark Thomas.

– Midway will run out of cash in late June
– Midway has no games set to launch inbetween now and June
– Midway overstated the value of Mortal Kombat
– Midway has operated at a loss for the last decade
– in 2008, Citigroup couldn’t find anyone interested in purchasing Midway
– Mark Thomas initially offereed $1,000,000 for Midway but lowered his offer to $100,000 after re-assessing the risks; by necessity, the deal was finalized quickly and Thomas says that he did not have time to conduct normal due diligence.

Link