Rep Watson: 38 Studios scandal waiting to happen

PROVIDENCE, RI – State Representative Robert Watson (R-East Greenwich) was the only one of 113 state lawmakers who voted against the standalone bill creating the loan guaranty program used in 2010 to help lure 38 Studios to Rhode Island from Massachusetts.

Meanwhile, 38 Studios' owner, Curt Schilling, writes on Facebook Friday that will the troubled video game maker will quote, "find a way to endure." As part of his Facebook post, Schilling also offers thanks for those extending their well wishes for the company and its employees.

RI Searches for EDC Director
Gov.Lincoln Chafee is continuing the search for a new director of the state's Economic Development Corporation. Chafee's spokeswoman, Christine Hunsinger, says the governor was unable to strike an agreement with one of the finalists for the job, developer Colin Kane. Compensation was a sticking point in the talks.

Hunsinger says Chafee is speaking with a number of candidates about leading the EDC. The agency's last director, Keith Stokes, resigned after financial problems at video game maker 38 Studios came to light this week.

38 Studios is on the agenda for the EDC board meeting on Monday at 5:00pm.

Hear the Rep. Watson Interview
Rep. Watson discussed that vote and other issues during an interview with Rhode Island Public Radio's Ian Donnis and Scott MacKay. Click on the audio icon to hear that interview.

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