Caprio reverses course, asks bond raters to put brakes on EDC-38 Studios deal

R.I. General Treasurer Frank T. Caprio said Tuesday he is attempting to block the state’s $75 million loan guarantee promised to Curt Schilling’s video game company, urging the rating agencies reviewing the deal to hold off until a new administration is in office.

Full Story: Caprio reverses course, asks bond raters to put brakes on EDC-38 Studios deal Source: Providence Business News, September 2nd, 2010 Author: William Hamilton