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We need an audit of the E.D.C. loan program. The Schilling loan was a "clunker' that most of us could see coming from the start. If it was approved by the glare of celebrity,that shows naïve,and poor business practice. If it was approved because the typical "old boy" network stood to profit from the deal,that's quite another story.

The same holds true for the R.I. pension fund. What communities didn't make their annual contributions? When? Who authorized it? How were hedge funds selected? Has there been a link between selections and contributions? Do any of the hedge funds in the portfolio hire "expert groups" {often linked to insider trading}?

From: We need to get to bottom of 38 Studios deal

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