EDC Vice Chairwoman Resigns
Helena B. Foulkes is the second state official to resign in the last week amidst the 38 Studios controversy.
Economic Development Corporation Vice Chairwoman Helena B. Foulkes has resigned, reports the Providence Journal, the second state official to resign amidst the controversy surrounding 38 Studios, which reportedly has laid off its staff. "I have discussed with the Governor his plans for the Board at the EDC, and I think it is best at this time I resign. I wish him good luck in this very difficult challenge," Foulkes said. Gov. Lincoln Chafee appointed Foulkes to the EDC last year. Foulkes' resignation comes a week after EDC Chairman Keith Stokes stepped down last Thursday in the wake of the controversy surrounding Curt Shilling's video game company. The company, headed by the former Red Sox pitcher, defaulted on a $1.125-million payment to …
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Rade
8:57 am on Friday, May 25, 2012
IMHO, there needs to be a criminal investigation as to how this mess got dropped on us. Every rational, fiscally responsible person (including Lincoln Chaffee) not only saw this coming, but tried to stop it, but the cronyism and greed won out. And now the people who put this mess together are blaming Gov. Chaffee for it falling apart. I don't think so. Shilling is nothing but a con man with a … more ›