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Message: From GoLocalProv by GoLocalProv News Team: A 38 Studios default would put Rhode Island as the lowest state bond rating in the nation and would be considered “Junk Bond” status by the industry, according to a report released by SJ Advisors. The report analyzed the potential financial and reputational impacts on the state of either payment or nonpayment of the moral obligation bond debt service associated with the 38 Studios bankruptcy. http://www.golocalprov.comhttp://beta.golocalprov.com/advisors-defaulting-on-38-studios-would-make-ri-bonds-junk-status