"Unfortunately, what I've had to do here is max out my credit cards, take out personal loans and pretty much use all of my savings to pay off a bunch of people," said Garcia. The situation has strained his relationship with business partners, he added, and required him to put in extra hours at his day job as a union carpenter to provide for his son.
Bailey, who handles Hiero Day's finances, declined to be interviewed. In an email to KQED, he blamed Hiero Day's debts, in part, on the City of Oakland, which he said contributed less sponsorship money than it had promised.
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