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Schwartz says 38 Studios “never really had a chance,” questions why RI officials were slow to understand

July 26, 2012

Jason Schwartz, who wrote the definitive story on the 38 Studios saga for Boston Magazine, tells NECN the short version is this: the company “never really had a chance.”

Schwartz says former governor Don Carcieri seemed to be “the only person on Earth” who wanted to provide money to Curt Schilling’s video game company.

Governor Lincoln Chafee has said problems at 38 Studios weren’t apparent until a meeting at the company on April 13. But Schwartz says one of his big unanswered questions is why Rhode Island officials were so slow in finding out something was wrong at the company.

Schwartz scored a coup by getting Schilling to sit down with him. The former star pitcher has offered very few interviews since 38 Studios went south. Schwartz says he thinks the fact he’d spoken with a number of former 38 Studios employees was a factor in why Schilling agreed to talk with him.

Schwartz is also set to appear during the broadcast this weekend of WPRI/WNAC-TV’s Newsmakers.

One Comment leave one →
  1. Craig O'Connor permalink
    July 27, 2012 11:47 am

    While an enjoyable and disturbing read, Jason Schwatrz’s story missed an opportunity to talk about the truly important aspect of the 38 Studios disaster. Mr. Schwartz barely mentioned the politicians involved who sold RI residents down the river – he mentions Carcieri a few times, but never addresses the role of Speaker Fox, Senate President Paiva-Weed or then-Finance chair Steven Costantino. He doesn’t point out that they circumvented the traditional method of appropriated funding, and that they had their colleagues pass the legislation without telling them the additional $75 million was for this project. I believe it was only 8 days after the bill passed that EDC made the deal – meaning Fox et al knew it was earmarked already for this. And he doesn’t call out the bi-partisan folly of continued belief in trickle-down corporate welfare economics. Instead of loaning $1 million to 75 small, local businesses, Carcieri, fox, Paiva-Weed and costantino decided to bet the farm on one big crap shoot, apparently based on the idea that a rich famous guy can’t help bu succeed. blinded by ideology and a lust for rubbing shoulders with heroes, our elected officials and their failure are the real story.

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