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Jumpin said:

 Similarly, Dennis Dyac broke off the relationship between Nintendo and Silicon Knights because he bet against the Wii. Iwata was the one who arranged for Silicon Knights to develop a Metal Gear Solid game on GameCube.

I don't think that Nintendo even sold their +20% stake in Silicon Knights despite them betting against the Wii.  They were still considered an affiliate and Dyack called Nintendo his silent partner.  Silicon Knights filed for bankruptcy on May 16, 2014.