Report Shows Edc Needs Major Overhaul in Wake of 38 Studios Scandal

SCANDAL ---- INDEPENDENT REPORT COMMISSIONED BY GOVERNOR CHAFEE, FOLLOWING THE COLLAPSE OF CURT COMPANY. COUNCIL FOUND THE AGENCY BEHIND THE LOAN GUARANTEE TO 38 STUDIOS, NEEDS A MAJOR OVERHAUL. REPORTER SUSAN THE PROVIDENCE MOBILE LATEST. (SC) TONIGHT... WE SPOKE WITH SEVERAL REPORT... AND THEY SAY THEY KNOW FOR THE RHODE ISLAND CORPORATION AS WE KNOW IT. A GAME PLAN FOR THE OCEAN SPELLED OUT IN THIS NEW ECONOMIC DEVELOPMENT year, we should have a structure in place, really an overall economic development plan for the state. LATE TUESDAY AFTERNOON... THE GENERAL ASSEMBLY'S ECONOMIC DEVELOPMENT LEARN MORE ABOUT RIPEC'S REPORT.... WHICH WAS ORDERED BY GOVERNOR LINCOLN CHAFEE AFTER CURT SCHILLING'S VIDEO GAME COLLAPSED. THE REPORT OUTLINES INCLUDING... BECOME THE RHODE ISLAND COMMERCE CORPORATION AND OPERATE WITHIN STATE UNDER THE GOVERNOR'S OFFICE. getting more business friendly ri and and be good paying going forward. RIPEC ALSO WANTS LAWMAKERS COME UP WITH A JANUARY RELATED TO EDC CHANGES . very possible. that part of it is EARLIER IN THE DAY... REPORTERS HE IS REVIEWING we still have hard work. i'm not naive about the challenges we have but we're looking ahead, not back. THE GREATER CHAMBER OF COMMERCE PROVIDENCE MOBILE NEWSROOM, SUSAN CAMPBELL, EYEWITNESS NEWS. COUNT ON EYEWITNESS COVERAGE OF THE 38 STUDIOS SCANDAL. GO TO OUR WEBSITE - W-P-R-I DOT-COM - TO REPORT... AND CHECK OUT A TIMELINE THAT DETAILS STATE'S DEAL WITH THE VIDEO GAME COMPANY. (JM)