Schilling Rhode Island Development Deal Claims Another Victim

PROVIDENCE, R.I. (AP) _ The vice chairwoman of the state’s economic development agency has resigned, becoming the second official there to step down as the agency grapples with the future of former Red Sox pitcher Curt Schilling’s troubled video gaming company.

Economic Development Corp. Vice Chairwoman Helena Foulkes said in a statement Thursday she spoke with Gov.
Lincoln Chafee  and that thinks it’s best that she resign.

She said she wished him luck “in this very difficult challenge.”

A spokeswoman for Chafee had no immediate comment. 38 Studios moved from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee that officials said would bring jobs and tax revenue. The company was late this month on a $1.1 million payment to the EDC.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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