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SEC Investigating 38 Studios Loan

WPRI has word that the U.S. Securities and Exchange Commission is investigating the loan from the Rhode Island Economic Development Corporation to 38 Studios, Curt Schilling's failed video-game startup. This case has been through the legal system more than once already, and they say it's not apparent what the angle is this time: "It's unclear what exactly the SEC is investigating about the 38 Studios transaction, which was finalized in the final months of Carcieri's second term. A lawsuit filed by the EDC last November alleges two top EDC employees, 38 Studios executives and outside advisers all withheld information from the agency's board to win approval of the deal." Thanks GamePolitics.

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2. Re: SEC Investigating 38 Studios Loan Sep 11, 2013, 13:11 NKD
So what they are saying is "It's a big conspiracy!"

This is a monumental waste of time. Taxpayers already got bilked out of a bunch of money, and now they want to waste more taxpayer money on investigations that won't turn up shit. Rhode Island needs to know when to quit.

Shit, by now even if there was a conspiracy, the evidence has been shredded and deleted.
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Citizen of the United Shitholes of America
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1. Re: SEC Investigating 38 Studios Loan Sep 11, 2013, 12:29 Cutter
"Where's the fuckin' money, Lebowski?! Where's the money, shithead?!"
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I have written the only diet book that I believe needs to exist, and here it is: CHAPTER ONE: Eat a bit less. CHAPTER TWO: Move about a bit more. THE END. - Miranda Hart
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