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Soriku said:
Soon came along Sony. They ushered SE to mske games for them and taunted them with CDs. SE agreed and left Nintendo with their N64. Sure, money talks, but Nintendo saved them from going down. They left Nintendo to drag around for 2 gens and make Sony King.

 You forgot the part where Square, upon leaving Nintendo, convinced Capcom and Namco to leave Nintendo as well and join them on Sony's console. It was a real kick in the teeth.