People Who Should Be Subpoenaed for the 38 Studios Investigation
Thursday, October 29, 2015
The House Oversight Committee has started its review of the 38 Studios collapse and much has been made about the need to subpoena 38 Studios founder Curt Schilling.
Other key players, however, need to come before the House Oversight Committee and give testimony.
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Schilling, a former baseball star with the Boston Red Sox, was one of the most noticeably absent from giving a deposition as part of the 38 Studios lawsuit filed by the state of Rhode Island.
Depositions in the State’s Lawsuit Include Three Governors
Three Governor’s have been deposed for their diverse roles relating to 38 Studios. Republican Don Carcieri testified about his role in creating the $125 Loan Guarantee Program and the funding of $75 Million to 38 Studios, then-Independent Governor Lincoln Chafee was deposed regarding his stewardship of the loan, and present-Governor Gina Raimondo, a Democrat, was questioned about her role as General Treasurer.
It is unclear why Schilling was not deposed by the State of Rhode Island. The state’s attorney, Max Wistow, told GoLocal that it was due to Schilling’s battle with cancer -- and then by the time he was healthy enough, the state "had what it needed." During the two years in which depositions were conducted, Schilling worked extensively as an analyst for ESPN during major portions of this period.
The depositions to date have been conducted for the purposes of economic issues between the State of Rhode Island and a range of defendants including Wells Fargo Bank and others. Federal authorities at the US Attorney's office have repeatedly affirmed that there is not presently a federal investigation.
Goal of the Oversight Committee
Unlike the state’s pending law suit and the State Police’s investigation, the role of the House Oversight is to probe how the 38 Studios' deal came about and the need for sunlight on the deal. The committee is chaired by Representative Karen MacBeth, a Democrat from Cumberland. The purpose of the House Oversight Committee's role has been criticized for lacking definition.
Former candidate for Governor Ken Block wrote in a GoLocal MINDSETTER™ column that the House Oversight Committee's role is critical to moving Rhode Island forward.
Block wrote, "Hold subpoena-based hearings to demand answers from everyone involved – especially those who were not deposed in the court case. Remember that the lawyers in the court case were only interested in winning their case – they were not trying to fully explain 38 Studios. The public needs more information than is contained in the released depositions and documents. If possible, the motivations of key players like Fox, Corso, Carcieri, Stokes, Murphy and Chafee need to be determined."
Related Slideshow: Who Should Be Subpoenaed in 38 Studios Hearings
See the seven that should be subpoenaed to testify on 38 Studios.
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