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Chafee: I’m very, very angry about the situation we’re in

May 24, 2012

Governor Lincoln Chafee says he mostly feels angry about the state’s flagging investment in 38 Studios.

During a taping of an interview at RIPR today, Chafee recalled his request in late 2010 that the Carcieri administration hold delay a $75 million state loan guarantee for the video game maker.

“That’s all I was asking them to do — can’t you wait three months untl there’s a new governor? Let that person make that decision? …. And they just wouldn’t listen. They wouldn’t listen to industry analysts that said this is a risky industry, and there’s a high, high potential of failure of tens of millions of dollars. They just didn’t listen, and now we have the ramifications. So I have no vindication. I’m just very, very angry about the situation we’re in.”

During Political Roundtable and a separate interview, Chafee discussed whether his administration offered adequate oversight of the loan guarantee and his spat this week with state Treasurer Gina Raimondo, among other topics.

You can hear Roundtable Friday morning at 5:40 and 7:40, and the separate interview with Scott MacKay and me at 6:40 and 8:40.

3 Comments leave one →
  1. tim1999 permalink
    May 24, 2012 11:41 pm

    Little Linc is very very angry that the spotlight is now shining brightly on his non-handling and non-oversight of 38 Studios over the past 17 months.

  2. May 25, 2012 11:11 am

    Ms. Raimondo is being blatantly opportunistic in her shallow protestations over the 38 Studios deal. She is NOT displaying the thoughtful leadership our state needs.

  3. tim1999 permalink
    May 25, 2012 12:06 pm

    There’s nothing shallow about Gina Raimondo. Now Linc Chafee is another story which is why Linc is so threatened by Raimondo. She knows here stuff, Chafee has no clue and both are very apparent to the greater public.
    Craig you and your liberal media buddies can attempt to prop up Linc Chafee all you like but it’s a lost cause. Once he opens his mouth it’s all over.

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