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