By News staff
PROVIDENCE, R.I. (AP) -- A panel of Rhode Island legislators is set to review the events that led up to the state's failed investment in former Red Sox pitcher Curt Schilling's now bankrupt video game company 38 Studios.
The House Oversight Committee plans to meet Wednesday afternoon at the Statehouse for a briefing on the process that led the state's Economic Development Corp. to extend a $75 million loan guarantee to Schilling's company.
Wednesday's meeting will include a presentation of documents from the EDC related to the approval of the investment.
Lawmakers say they want to better understand the 38 Studios debacle to improve the state's economic development efforts and prevent similar incidents from occurring again.