Caprio Now Attempting to Put Brakes on 38 Studios Loan

September 1, 2010 -

Rhode Island Democratic gubernatorial candidate Frank Caprio (pictured) is now attempting to block the $75 million loan used to lure Curt Schilling’s 38 Studios from Massachusetts.

Caprio, who is also the state’s General Treasurer, has expressed tepid uncertainty about the deal all along, calling for the state’s Economic Development Corporation to modify the loan and questioning the bond structure that will finance it.

His new position however, as reported by Boston.com, puts him firmly against the loan, and on the same side as Independent candidate for governor Lincoln Chafee, who Caprio lashed out against last week, saying to his opponent, “You don’t understand the deal. You don’t know the first thing about this.”

Caprio has now brought his doubts about the deal to credit rating firms Moody’s and Standard & Poor’s, urging them to “hold off on reviewing the project until a new governor can take office.”

This move prompted criticism from other candidates who accused Caprio of grandstanding. Not Chafee though, who stated, “The main thing is to stop the deal,” adding “…it's great to have General Treasurer Caprio now join me.”

Caprio’s website detailed the four “major issues” he has with the loan agreement:

1. The Deal Lacks Normal Guarantees
2. Failure to disclose current defaults by the State
3. Questionable approval by the State Legislature
4. The Deal Jeopardizes the State's Financial Stature

Caprio said he was just doing “what needs to be done to protect the taxpayers.”


 
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E. Zachary KnightSo aside from the supposed Kotaku/Quinn relationship, do you have a specific example of said lack of disclosure?10/02/2014 - 9:36am
prh99#gamergate renamed #butthurtfarce10/02/2014 - 9:31am
Sleakerwhat the message that they are actually trying to convey is.10/02/2014 - 9:30am
Sleakerthe fault of the journalist? If a large number of people read these articles and all came to the same conclusion that Gamers were being attacked by journalists as a whole, then it seems the burden of journalists to do a better job of explaining...10/02/2014 - 9:29am
Sleaker@EZK - It's not a surprise that articles came out. The surprise is when journalists fail to disclose relationships as they write about the trends, and the content by which the articles contain. Perhaps a large portion was misinterpreted, but isn't that10/02/2014 - 9:28am
prh99It definitely prolonged it, we wouldn't be hearing about Intel if not for Gamers are over/dead. Just additional wood for the fire.10/02/2014 - 9:23am
E. Zachary KnightConster, which sites associated "ALL" gamers with the harassment?10/02/2014 - 9:22am
E. Zachary KnightIs it really a surprise that 15 news sites responed to a very loud and very public shaming campaign against a woman critic of sexism and a woman being attacked unjustly because of the words of an ex-boyfriend.10/02/2014 - 9:19am
ConsterSo a bunch of assholes decided to harass people, sites wrote negative articles associating all gamers with said assholes, and people got so angry about the articles they decided to associate themselves with said assholes?10/02/2014 - 9:18am
Sleaker@EZK - I think you're attributing too much there. I think the reality is actually, if 15 news sites didn't alll write coincidentally 'gamers are dead' articles, in response to a very small number of harassment cases, we wouldn't be here.10/02/2014 - 9:10am
E. Zachary KnightSo what you are saying is that gamergate is a reflexive and defensive reaction to jerks and douchebags being told off?10/02/2014 - 9:06am
Sleaker@prh99 - the ZQ stuff was a catalyst, but GG didn't explode until the Gamers are dead articles popped up everywhere, see article 3 in the link I posted.10/02/2014 - 9:04am
prh99The articles by Leigh Alexander and others were in response to what happened to Anita and Quinn and this toxic subset of gamers. 10/02/2014 - 9:02am
E. Zachary KnightSleaker, My timeline puts events in the order that prh99 just laid out. Had Quinn's ex-boyfriend not been an incredible douchebag, we might not be where we are.10/02/2014 - 9:00am
prh99The blog post by Quinn's exboyfriend suggesting she slept with journalists to get favorable reviews was the impetus for #gamergate.10/02/2014 - 8:54am
SleakerTechRaptor seems to do a decent job of breaking down things in it's currently 6-part series: http://techraptor.net/2014/09/23/good-morning-orthodoxy-1/ - and why atleast for him, the whole Media-thing is offensive.10/02/2014 - 8:53am
SleakerSo from all of the articles I've read that give timelines and show tag trends, there's nothing to support GG being about AS or Quinn. These were a minority of people harassing.. The large portion of GG started when the 'Gamers are dead' articles started.10/02/2014 - 8:45am
prh99Btw apparently they've gone as far as creating a GitHub for this Operation Disrespectful Nod. http://bit.ly/1qsbWcq10/02/2014 - 8:44am
Sleakerthey don't consider the issue. This is the consumeristic nature of a market.10/02/2014 - 8:41am
prh99Attacking their integrity and now getting advertisers to pull their ads from those sites.10/02/2014 - 8:40am
 

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