RI lawmakers pushed to repay 38 Studios bondholdersJune 6th, 2013 at 6:20 pm by Ted Nesi under Nesi's Notes
By Ted Nesi
PROVIDENCE, R.I. (WPRI) – In a battle pitting Rhode Island against Wall Street, Wall Street will always win.
That was the emphatic message Thursday from top aides to Gov. Lincoln Chafee, who warned the state would risk “severe” consequences if lawmakers refuse to pay bondholders roughly $90 million they loaned the R.I. Economic Development Corporation to fund Curt Schilling’s bankrupt video-game company, 38 Studios.
Tags: 38 studios