Default price too steep in 38 Studios case

Fallout from the 38 Studios LLC debacle has followed a predictable pattern whenever people try to avoid responsibility. First comes the blame game. The company publicly blamed the state, and specifically Gov. Lincoln D. Chafee, for letting it die. Gov. Chafee blamed the company and, in a potentially chilling lawsuit, just about everyone who had

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

No posts to display

1 COMMENT

  1. $100 million is a lot of money. RI is in such poor financial shape all options should be explored before we write off that much money. It is clear the decision makers at EDC skipped the due dilligence work before they approved the 38 Studio’s deal. Is the same approach being used at PBN? Exactly what research has PBN done to support your belief that defaulting is not a viable option??