News: Rockstar promises to make it all better.
If you were one of the unlucky many experiencing game-crippling crashes and still scratching your head as to how such a thing passed quality-assurance tests, rest assured that Rockstar is hard at work on fixing the problem(s). Unfortunatly it is going to take them up to a week to get the patch out to us. In the mean time you can always read the bug-free manual!
We are very aware of the problems some people have been experiencing with the Xbox 360 version of Bully: Scholarship Edition and have been doing everything within our powers to resolve these issues as quickly as possible. We will be releasing a title update through Xbox Live within the next week that we are confident will rectify the problem. We apologize wholeheartedly for the inconvenience that this matter has caused some owners of the game.
source: Kotaku