Financial Adviser Sued Over 38 Studios Still Has Many Government Clients In Rhode Island
Photo courtesy 401kcalculator.org
Remember Rhode Island’s disastrous deal with former Red Sox pitcher Curt Schilling? The state invested $75 million of taxpayer dollars in Schilling’s video game company 38 Studios and lost it all before a lawsuit clawed back most of the money. It was one of the worst financial decisions in Rhode Island history. Yet the company that served as the state’s financial adviser on the deal has continued doing business throughout the state.