Reckoning, indeed! A developing story out of Rhode Island has Governor Lincoln Chafee talking in uncertain terms about the financial condition of Curt Schilling's 38 Studios, which the state gave a $75 million loan to a couple years back to move down to Providence.

The Providence Journal reports Gov. Chafee spent a "weekend of work on this subject" and wouldn't go into specifics. "We're doing everything possible, like I would for any Rhode Island company," he said this afternoon. The Journal reports he added the work was about "keeping 38 Studios solvent."

38 Studios' "Project Copernicus" MMO has been in development at the Rhode Island studio. The studio has no booth planned for E3 and has given no indications as yet to have a product planned for this year.

[Developing]