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38 Studios forum participants debate consequences of $17-million RI loan default

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By Philip Marcelo

PROVIDENCE, R.I. -- Conservative and liberal activists hosted a joint forum at the Rhode Island State House Thursday afternoon that they said was meant to provide the "fair, thoughtful debate" so far been lacking on the question of whether or not the state should default on its failed $75 million investment in Curt Schilling's now bankrupt video game company 38 Studios.

The forum, which included experts on both sides of the debt default debate, came just hours before the House Finance Committee was slated to hear from a financial analyst with ties to the 38 Studios deal on the possible consequences of default.

Many on the six person-panel agreed that state leaders need to make much more information public about the possible consequences of default.


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