Realtime Worlds games company goes into administration

Real shame as 170 people have been locked out of the offices today and won't be getting paid in the near future (if at all). RTW management had hedged everything on APB being a success, and as you all know it wasn't. Feel quite sad as I know quite a few people from RTW - hope they find work soon.
 
Their single biggest mistake was refusing to work on the sequel to their successful game Crackdown (that was left to another developer) and instead opting to work on not one but two MMOs - one of which came out and was met with universal derision and the other receiving the coat-hanger treatment.

They must be kicking themselves. Just a shoddily-run business at the end of the day. Why oh why did they not just secure their future and work with Crackdown 2?
 
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