EDC stuck with Capco loan; CEO backed Costantino, Cicilline

By Ted Nesi

PROVIDENCE, R.I. (WPRI) – Just weeks after the epic collapse of Curt Schilling’s 38 Studios, another high-profile loan guarantee to a politically company has gone sour after being approved by the R.I. Economic Development Corporation during the final year of former Gov. Donald Carcieri’s tenure.

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