Fears of 38 Studios insolvency mount; Chafee opposes RI aid
May 18th, 2012 at 3:27 pm by Ted Nesi under Nesi's Notes
By Ted Nesi
PROVIDENCE, R.I. (WPRI) – Governor Chafee said Friday he opposes further taxpayer assistance for Curt Schilling’s troubled video game company beyond tax credits already available, saying the firm has gotten enough state aid and will need to turn to private investors to solve its cash crunch.
Read the rest of this story ยป
The story will be updated throughout the afternoon.
Tags: 38 studios, curt schilling, lincoln chafee
Nesi's Notes covers politics and the economy in and around Rhode Island for WPRI.com. (Twitter: 
Companies go out of business all the time. My question why was this clown given $75 million of taxpayers money without having to go to venture capitialist for money? Is it because the venture capitialist know Rhode Island is the last place in the United States you want to invest? Rhode Island again is the third world of the United States. You people who vote for these clowns have to accept the fact that there is no more money being invested in Rhode Island by the private sector. The Federal government is also starting to say no to Rhode Island. You people better get off the entitlement mentality, if not who is going to pay for all the projects, the RIte Care and welfare you people want?
That’s right, it’s the fault of those welfare mommas, not Curt Schilling. Heck, that man’s got a bloody sock! He’s chock full of glittery wonderfulness. Hasn’t he EARNED a handout?
pitbull tickler you are the problem with Rhode Island. You can’t comprehend. Are you learning disabled? Read this sentence again. This is the second and third sentence. “My question why was this clown given $75 million of taxpayers money without having to go to venture capitialist for money? Is it because the venture capitialist know Rhode Island is the last place in the United States you want to invest?”
There is too much money given out in this state. Welfare is more expensive than what was loaned to this clown. No business or individual is entitled to government for their gain.
[...] said the release date of 38 Studios’ video game “Project Copernicus” has been pushed back to June 2013, the tight-lipped company tweeted the first look we’ve had at the massively multiplayer [...]