Tuesday May 15, 2012

If This Game Studio Collapses, Taxpayers Will Owe $112.6M

There seriously needs to be some ass kicking going on here...starting with the governor. mad

With Rhode Island politicians and 38 Studios silent on the precarious financial condition of the developer, the potential cost of the doomsday scenario to taxpayers has come to light. WPRI reports that if 38 Studios can't pay the bonds it received from the state, taxpayers will actually be responsible for paying back $112.6 million through 2020.