Wow! I turn my back for one second, and all kinds of news breaks! Flagship Studios goes under, and apparently citibank will have the rights to hellgate:london? And then WAR announces major cuts to the game at release.
It's a tough call, what to do when your game isn't ready. You need money coming in, but you're going to alienate people. Frankly, I expect they made exactly the right business decision - people are waiting for WAR, and they'll probably pay (regardless of how much they scream right now). So get something out there (that works) and add the rest.
Obviously the mistakes were in announcing the rest before they could actually be done. Don't any of these companies have a project manager? Or someone capable of telling them 'no, we can't do that in 12 months'.