The Providence Journal sat neatly presented on the counter at the Dunkin Donuts across the street from 38 Studios in Rhode Island, it be headline clear as day: "Loan-guarantee fallout costs EDC chief his job." Further down the right column a the page be the other harbinger headline: "Too little cash t' cover the check."
This be last Friday, May 18, the day after the head a the Rhode Island Economic Development Corporation, the quasi-government group responsible for co-signing the $75 million loan t' 38 Studios, be fired. It be also the day after the state couldn't deposit a $1.12 million check the studio delivered as a payment because the company's chief financial officer called t' say there be insufficient funds.
A man walked up t' the counter for his morning caffeine fix. I guessed he worked at 38 Studios because he had 'the look.' The lady working the counter confirmed me egregious profiling by asking, "How be things going over there?"
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