38 Studios Puts Items Up for Auction

NOW - WE'RE WORKING
NEW DEVELOPMENTS IN
THE 38 STUDIOS SCANDAL.
ITEMS ONCE OWNED BY
THE FAILED VIDEO GAME
COMPANY HIT THE
AUCTION BLOCK TODAY.
EVERYTHING FROM
ELECTRONICS...
TO OFFICE SUPPLIES ARE
FOR SALE - IN AN EFFORT
TO RECOVER SOME OF
THE MILLIONS OF DOLLARS
LOST IN THE COMPANY'S
COLLAPSE.
TONIGHT GOVERNOR
CHAFEE IS ALSO
ADDRESSING THE
POSSIBILITY OF THE STATE
TAKING LEGAL ACTION.
EYEWITNESS NEWS
REPORTER KATHRYN
SOTNIK IS IN THE
NEWSROOM WITH THOSE
DETAILS.
WE'VE JUST LEARNED THAT
AUCTION IS ON-GOING AND WILL
CONTINUE UNTIL ABOUT SEVEN
O CLOCK TONIGHT..
BUT THE GOVERNOR SAYS HE'S
DOESN'T HAVE "HIGH HOPES"
THAT IT WILL BRING IN A LOT OF
REVENUE FOR THE STATE.
THE ITEMS UP FOR AUCTION
INCLUDE COMPUTERS,
TABLETS, A POOL TABLE,
FURNITURE, EVEN SUPPLIES..
THEY'RE ITEMS THAT ONCE
BELONGED TO "BIG HUGE
GAMES" A GAME DEVELOPER
OWNED BY 38 STUDIOS..
AND THEY'RE BEING AUCTIONED
OFF TO RECOUP MILLIONS OF
DOLLARS IN LOAN GUARANTEES
FROM THE 38 STUDIOS
BANKRUPTCY.
"we'll see what the auction
gets..i'm
just not overly optimistic its
really
going to put a big dent in what
we
owe."
AT AN EVENT TUESDAY - -
GOVERNOR LINCOLN CHAFEE
RE-ITERATED HIS STANCE ON
THE WHOLE DEAL..
"its just so confounding that we
found
ourselves into this pickle to
begin
with..and here we are announcing
good economic investments,
infrastructure for the long-term
and
not taking long, hail mary
passes..long bombs to the end
zone.and that's what the 38
studios
deal was.so risky."
CHAFEE ALSO REVEALED THAT
AN ANNOUCEMENT COULD BE
FORTHCOMING ON POTENTIAL
LAWSUITS THAT THE STATE WILL
FILE AGAINST THE PEOPLE
INVOLVED IN PUTTING THE 38
STUDIOS DEAL TOGETHER.
WE'VE ALSO LEARNED THERE
WILL BE ANOTHER AUCTION
NEXT WEEK AT THE FORMER 38
STUDIOS HEADQUARTERS IN
PROVIDENCE..
THAT AUCTION COULD LAST
TWO DAYS.
I'M KS EYN.