Starting a thread with a title that makes the situation clear.
This is a blow that an entire section of the company is shut down, but it's not the whole company. Factor 5 is based in Germany, and they are still around. A lot of articles don't have that in the headlines, and that's annoying, as it's trying to make it look worse just for the hits (yellow journalism).
But Joystiq fortunately did it right, and you can look up the details here: http://www.joystiq.com/2009/05/14/factor-5-shuts-down-us-operations/
A flashy-first game is awesome when it comes out. A great-first game is awesome forever.
Plus, just for the hell of it: Kelly Brook at the 2008 BAFTAs