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Texas won't follow R.I. lead on pension reform
Texas public pensions said moving away from traditional defined-benefit plans wouldn’t shrink their unfunded liabilities, in contrast to money-saving steps to end lifetime guarantees by states from Rhode Island to Kansas. more
EDC leadership role in doubt after damning report
The driving force behind the privatization of the R.I. Economic Development Corporation in 1995 was a desire to separate the Ocean State’s volatile and corruption-prone politics from efforts to grow its economy. more

By Patrick Anderson
PBN Staff Writer | 10/1/12

R.I.’s bond sale successful, demand ‘exceeded expectations’
Rhode Island’s General Obligation Bond sale this week was a success and demand exceeded expectations, according to Gov. Lincoln D. Chafee and General Treasurer Gina M. Raimondo. more
| 10/11/12
38 Studios auction pulls in $180K
Bargain hunters spent $180,000 scooping up office furnishings and video-game equipment formerly belonging to 38 Studios LLC at the company’s Maryland bankruptcy auction last week, the court-appointed receiver in the case announced Thursday. more
38 Studios assets hit auction block in Maryland
Assets from 38 Studios LLC’s Big Huge Games are being auctioned off today as part of the company’s bankruptcy. more
| 10/16/12
38 Studios assets head to the auction block
(Updated, 11 a.m.) Computers, chairs, a 5-foot battle hammer and everything else a $75 million state loan guarantee can buy is available today at 38 Studios’ Rhode Island bankruptcy auction. more
Providence firefighters settle pension lawsuits
The Providence firefighters union has settled its two outstanding Medicare and pension lawsuits with the city, the union announced Thursday. more
| 11/8/12
Permanent damage risk of 38 Studios suit
As if Rhode Island needed another black eye on its national reputation as a place to do business, Gov. Lincoln D. Chafee has taken on the Sisyphean task of trying to extract more revenue from the 38 Studios LLC bankruptcy. more
11/12/12
Bloomberg analyzes 38 Studios lawsuit
Curt Schilling, the former baseball All-Star, struck up a conversation at a March 2010 fundraiser that would sow the seeds of financial ruin and has led to claims of a $75 million fraud. more
Chafee, business leaders at odds on view of economy
Gov. Lincoln D. Chafee’s latest idea for repairing the Rhode Island economy may be his most controversial. more

By Patrick Anderson
PBN Staff Writer | 12/10/12

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