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Should Former Gov. Carcieri Apologize For 38 Studios Fiasco?

During his first interview about the video-game company since it closed, the former two-term governor takes responsibility for the original deal but says the state should have done more to save the company.

Former Gov. Donald Carcieri stopped short of apologizing for helping orchestrate the deal that gave 38 Studios a $75 million guaranteed loan to move to Rhode Island, but he did take some responsibility Thursday in his first interview on the subject.

"I will take responsibility for approving the deal," Carcieri said in an interview Thursday with WPRI's Tim White.

The video game company owned by legendary ex-ballplayer Curt Schilling closed in May, leaving the state on the hook for $102 million in bond payments. Until now, Carcieri had remained silent on the 38 Studios deal that passed the General Assembly in 2010 on the promise of hundreds of jobs.

Carcieri did tell White he wondered if the company would have remained viable if the state had put in more money.

"More could have been done to save the company," he said. He also suggested the state consider defaulting on the loan, something Gov. Lincoln Chafee said Friday he would not do, according to the Providence Journal.

What do you think? Should Carcieri have apologized? Should the state have done more? Add your comments below.

Local Bargain Jerk September 16, 2012 at 12:17 PM
At some level, I know that it's the job of a journalist to write provocative headlines and articles to provoke reader responses.....and this one certainly is a doozy. YES, the son of a ** should apologize. I voted for Carcieri each time, but he screwed this one up royally. While I recognize that it's not usual for a current or former government official to apologize for actions done or decisions made during the course of his/her job, an expression of PROFOUND REGRET would be most appropriate in this case. Oh, and any suggestion that the "the company would have remained viable if the state had put in more money" is ludicrous. If Carcieri truly believes that, then he as a businessman should have put in his own money and enjoyed the profits that resulted. Any businessperson could have done the same, because the opportunity was there for the taking. The fact that no private interest did so tells us all we need to know. You screwed up, Donny boy, and it wouldn't hurt to admit it. ** (and I don't mean 'gun').
Annabel September 16, 2012 at 01:11 PM
Wow Politician's apologizing ? This would be a first ! And would all politicians follow suit ?
Linda September 16, 2012 at 01:32 PM
Local bargain jerk got my attention. Unlike the commentator I did not vote for Carcieri and one of the main reasons was the arrogance exuding from the man. It gives me no pleasure to see that I was correct as the Stat of RI does not need to fork over $70 million - we have families living in cars due to the economy... Yes it would be nice if he gave a sincere apology but what would be the correct thing to do is to admit the mistake. No the former Governor suggest that the company would have remained viable if the "State" had put more money. Where was his money? A good friend once told me that the fish rots from the head down. This is an example of how true that is. Don - fess up and even better pay up.
Chris Christensen September 16, 2012 at 05:54 PM
Someone once said, "follow the money". Maybe that is why he is not apologizing! Just sayin
DownTown September 16, 2012 at 09:47 PM
Carcieri's Deepwater scam will cost ratepayers over $500 million in total which makes this look like a tip at a restaurant.
Bear401 September 17, 2012 at 02:05 AM
She should also apologize for not terminating the employment of the politically connected cronies in Veterans Affairs after they were investigated in 2007/2008. They abused their authority, misused funds & to this day maintain a hostile work environment at the VH & still ignore & participate in the harassment & descrimination of employees. But hey there is supposed to be a new facility built so I guess this kind of activity is acceptable. Let's not forget the Lucas Group scandal when they got a $400,000.00 check for "volunteer work" for DHHS.
Bear401 September 17, 2012 at 02:06 AM
He*

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