|Buddy Cianci on D&C: Curt Schilling situation ‘a comedy of errors’||05.25.12 at 4:06 pm ET|
Appearing on Dennis & Callahan on Friday morning, former Providence Mayor Buddy Cianci called the mess surrounding 38 Studios a “comedy of errors” while placing blame on Rhode Island’s Economic Development Commission (EDC) as well as Curt Schilling. To hear the interview, visit the Dennis & Callahan audio page.
“It’s going to go deeper. There’s a lot of accusations with insider deals now, with people involved in government who wanted this thing to happen,” Cianci said. “Just yesterday all the employees were laid off. Curt Schilling, according to the governor, has not been forthcoming with financial information and it’s just been a comedy of errors and it’s just an awful thing for the state of Rhode Island.”
Cianci, who served four years in federal prison for racketeering and now hosts a radio show in Providence, said there was not enough vetting and research done on Schilling’s company, and the judgment to give 38 Studios the loan happened too quickly.
“Even today we don’t have the information that is necessary to make determinations as to what course of action should be taken,” Cianci said. “The [Rhode Island] governor was on my radio show the other day and he said that Schilling was stonewalling the whole process, number one.”
Cianci added he believes part of the problem came from a fascination that surrounded Schilling.
“There’s people that were enamored with him, with the industry, with the opportunity for a quick fix, and create an industry that frankly they thought could boost the financial prowess of Rhode Island,” Cianci said. “And they were all wrong.”
The former Providence mayor said the EDC originally approached the legislature with an idea for a $50 million loan, available to any business, to help create jobs. But the EDC had $75 million added to the loan for Shilling, without notifying the legislature, Cianci said.
“That was a gathering of fools in that legislature,” Cianci said. “They were voting for something that they thought was for all businesses, but it really was just for Schilling. That’s what people are mad at.”
Cianci said he understands there are many questions surrounding the entire process, such as connections between the various people involved with Schilling’s company and how everyone went about their business.
“But whether there’s any criminality to it, I don’t know, it’s just stupidity and it certainly is the lack of diligence and it certainly was a bad, bad, bad process that was used and implemented by our own Economic Development Corporation,” Cianci said.
Cianci also credited Massachusetts for refusing Schilling the loan.
“I don’t know how the state is going to get out of this, but to the credit of the people of Massachusetts, they refused Schilling’s loan. They wouldn’t give him a loan, and that’s why he came here.”
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