Chafee names 3 to EDC; Deloitte starts audit of 38 Studios

May 31st, 2012 at 4:55 pm by under Nesi's Notes

By Ted Nesi

PROVIDENCE, R.I. (WPRI) – Governor Chafee on Thursday nominated three new board members to the R.I. Economic Development Corporation and ordered an independent outside review of the agency after a $75 million loan guarantee to 38 Studios blew up in its face.

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2 Responses to “Chafee names 3 to EDC; Deloitte starts audit of 38 Studios”

  1. SentToCoventryRI says:
    May 31, 2012 at 6:07 pm

    I was hoping Gov. Chafee would take the opportunity of so many directors resigning to shut down that graft factory.

    Isn’t the entire thing an admission that Rhode Island isn’t competitive with other states? Why do we need a special commission to bribe companies to come here?

  2. B says:
    June 1, 2012 at 2:50 pm

    I was hoping Gov. Chafee would take the opportunity to appoint Legal and Financial experts to the EDC board.