38 Studios

Political Roundtable
4:00 am
Fri May 16, 2014

Political Roundtable: Kilmartin on the Debate Over Repaying 38 Studios' Bondholders

Credit Ian Donnis/File Photo / RIPR

Attorney General Peter Kilmartin joins Political Roundtable to discuss warnings to the state from credit-rating agencies over 38 Studios; the debating over repaying the company's debt; and other issues.

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Political Roundtable
4:00 am
Fri May 16, 2014

Bonus Q+A: Kilmartin on 38 Studios, Guns, Deepwater & More

Attorney General Peter Kilmartin joins Bonus Q+A to talk about 38 Studios, Deepwater Wind, gun violence and gun control, and a host of other issues.

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On Politics
9:00 pm
Thu May 15, 2014

Fiscal Advisers Say More Info Need to Decide 38 Studios' Repayment Question

URI's Leonard Lardaro speaks to House Oversight.
Credit Ian Donnis / RIPR

Outside fiscal advisers told the House Oversight Committee Thursday that lawmakers need more information to decide the merits of paying debt related to the failed video game company 38 Studios.

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On Politics
3:57 pm
Mon May 12, 2014

S&P Warns RI Of Slipping Credit If The State Balks On 38 Studios' Debt

Standard & Poor's Rating Services has put Rhode Island's credit on watch with negative implications due to ongoing debate about paying back bondholders who invested in the failed video game company 38 Studios.

In an advisory released Monday, S&P said it was lowering the rating on bonds issued by the Economic Development Corporation for 38 Studios in 2010 from A to BBB.

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On Politics
4:40 pm
Fri May 9, 2014

TGIF: 12 Things to Know About Rhode Island Politics & Media

Welcome back to my Friday column. Your tips and thoughts are always welcome at idonnis (at) ripr (dot) org, and you can follow me through the week via the twitters. Let's head in.

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On Politics
2:27 pm
Fri May 9, 2014

RI Assembly Caught in Curt Schilling Rundown Pickle

So here’s another report that shows just how badly the General Assembly has fumbled the 38 Studios ball. Gov. Lincoln Chafee has released a financial consultant’s report that shows that it would cost less for the state to pay off the 38 Studios  bonds than to default.

The finding, by the firm SJ Advisors, states that Rhode Island’s credit rating would take a significant hit if the state walked away from the $75 million in  bond obligations to those who invested retired Red Sox pitcher Curt Schilling’s folly, 38 Studios.

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On Politics
12:49 pm
Fri May 9, 2014

State-Commissioned Report Finds RI Better Off Paying Back 38 Studios' Investors

Credit Ian Donnis/File Photo / RIPR

A report commissioned by the Chafee administration has found that even under the best-case scenario, Rhode Island will be better off paying back bondholders who invested in the failed video-game company 38 Studios.

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Political Roundtable
4:00 am
Fri May 9, 2014

Political Roundtable: 38 Studios; Infrastructure Funding; & Chafee as Lame Duck

Credit Ian Donnis/File Photo / RIPR

Pablo Rodriguez joins Political Roundtable this week to discuss the latest developments related to 38 Studios; competing legislative plans on funding infrastructure improvements; Governor Chafee's effectiveness as a lame duck; and the impact in Rhode Island of climate change.

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Scott MacKay Commentary
4:06 pm
Wed May 7, 2014

Scott MacKay Commentary: RI Lawmakers Swept 38 Studios Under The Rug

It's been nearly four years since the General Assembly approved state support for the now-defunct video game company 38 Studios.
Credit RIPR FILE

What’s worse than the 38 Studios fiasco for Rhode Island ‘s political and economic reputation? RIPR political analyst  Scott MacKay points to the aftermath.

It’s been nearly four years since  then- Gov. Donald Carcieri, the state Economic Development Corporation and the General Assembly foisted the disaster that is 38 Studios on Rhode Island taxpayers.

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On Politics
4:31 pm
Fri April 25, 2014

TGIF: 15 Things to Know About Rhode Island Politics & Media

Welcome back to my weekly column. Your tips and thoughts are always welcome at idonnis (at) ripr (dot) org, and you can follow me through the week on the twitters. Let's get to it.

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