38 Studios Investigation: 16 to Watch in 2016 in RI

Tuesday, December 29, 2015


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It's 2016, and the State of Rhode Island is nearing the four year mark on the Rhode Island State Police investigation into the collapse of 38 Studios.  When will Rhode islanders ever see the report?

Hopefully, 2016 is the year.  And the sooner, the better. 

The company folded in 2012, leaving RI taxpayers on the hook.  It was a heated campaign issue during the race for Attorney General in 2014, with Republican candidate Dawson Hodgson going on the offensive against Kilmartin time and time again. 

Judge Michael Silverstein may have allowed for the release of tens of thousands of pages of documents pertaining to 38 Studios from the state’s suit against multiple defendants, but the taxpayers of Rhode Island are still looking for answers that left them on the hook at one point for over $100 million.  

Last fall, a number of groups called for an independent investigation into the failed job guarantee program — and moral obligation bond — in light of what they said are constraints with the state’s legislative chambers, but the appeal fell short of that they asked for.

With subpoenas issued for former House Finance Chair Steven Costantino, tax credit lawyer and Gordon Fox associate Michael Corso — and 38 Studios founder Curt Schilling to appear before the General Assembly — Rhode Islanders may be waiting to see what becomes of the legislator-driven investigation, the big question is what the State Police find.


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