38 Studios is back in default on its $75-million loan because it didn’t give the state advance notice it was laying off its whole staff Thursday, Governor Chafee said at a Friday-afternoon news conference.

Right. They’re supposed to be providing jobs in exchange for that giant loan. I guess Curt forgot.

Chaee [sic] said he wants a forensic audit of the company. He said he is confident its records are secure, but wouldn’t say why he’s confident.

It’s about time.

NB: Does the Journal need some help copyediting? “Chafee” is way easier to spell than “Cicilline”, and they get that one right most of the time. It might be wise for journalists at the state’s paper of record to add the Governor’s name to their spellcheckers’ dictionaries.

The governor said he didn’t know at the time that Keith Stokes, his former economic-development director, had signed an agreement to let IBM submit oral reports monitoring the company’s status, rather than the written reports originally required.

Any way you can fire him again, Linc?

Asshats.

And yet we have Curt bragging on Twitter that it “outperformed EA’s projections”. Asshat.

Former Red Sox pitcher Curt Schilling’s video game company has laid off its entire staff in the wake of financial difficulties, according to multiple media reports.

A: Because no one else bought his bullshit.

‘Cuz apparently your employees ain’t seeing it.

38 Studios LLC, the teetering video game company of former Red Sox pitcher Curt Schilling, could be ineligible for million in state tax credits because the firm is incorporated in Delaware, not Rhode Island, according to WPRI-TV CBS 12.

Gov. Lincoln D. Chafee on Wednesday said the apparent departure of two of 38 Studios’ top executives—CEO Jen MacLean and Senior Vice President of Product Development John Blakely—“is not good news” for the struggling video game company.

C’mon. They could have at least bitchslapped Schiller.

“I have serious questions about the viability of that kind of an offer to a company that is full of questions,” he said in July, 2010.

“I have concerns because that money should have been destined for our small businesses, which are struggling in this state, and can’t get financing.”