laethyn1's comments

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laethyn1

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@Mr_Mark_Legion

They didn't release their game, though I wish they had.

Reckoning (Big Huge Games) is not Copernicus (38 Studios).

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laethyn1

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@Dudeinator @nickpeck36

Except it wasn't a loan, it was a loan guarantee. Big difference.

People who were on the fence about investing in 38 studios were told by RI "hey don't worry, if something goes wrong, we'll pay you back".

In exchange for this loan guarantee, 38S moved from Maynard, MA to RI (to get more people working to help boost the RI economy, which is not unusual for states to do).

Now that they are having to do exactly the purpose of a loan guarantee, they are bawking? pfft.

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laethyn1

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@decoy1978

RI provided a loan guarantee, not a loan. There's a difference.

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laethyn1

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Edited By laethyn1

@Stiler @ranbla

They did not loan 38 studios money. The put up the money as loan guarantees.

There is a difference.

RI told the people lending 38s money "hey no worries. if something happens, we'll pay you back". They did this in exchange for 38 moving to RI. Now that they have to do exactly what they agreed to do, they are bawking. If 38S was successful, the state would have never spent a dime.

That's what a loan guarantee is.

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laethyn1

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@zeorhymer123321

They didn't. It wasn't a loan. Not the way people think.

That said, Chaffee was against the guarantee from the beginning. The moment he was elected, 38S was screwed and everyone knew it.

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laethyn1

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@eric_neo3 @Yuusha09

You have proof of the fraud then? Have you let the courts in RI know?

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laethyn1

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@Schucknasty

Well, since Reckoning wasn't made by 38 studios, and was paid for by different funding from EA, and all proceeds were going back to EA in exchange for the funding, that's really not how it works.

KoA: Reckoning, was made by Big Huge Games. They had been working on the game long before 38 studios came along. Once they did though, the setting was moved from what they were working on to fit in the larger "Amalur" world.

But otherwise, yeah. It was not a loan, it was a loan guarantee.

The problem I see is Chaffee had it out for 38 studios from the beginning. The moment he was elected governor, 38S was screwed.

Also, RI went to 38S, not the other way around. It was a "hey, we'll back things, in exchange, move your company here and help boost our economy". Same thing many states do.

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laethyn1

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Edited By laethyn1

@tim1935

They never released the game, so the rest of your comment is invalid.

Reckoning was put out by BigHugeGames, funded by EA. 38 studios was hundreds of miles away, working on Copernicus.

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laethyn1

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Edited By laethyn1

@JBo796 @King_Wii

EA was "taking a cut" because they had paid the bills to get Reckoning made.

Reckoning had very little to do with 38 studios, which was focused on Copernicus.

Big Huge Games had been working on the game long before 38 studios stepped in and saved them from bankruptcy. Once they did, the setting was changed to fit with what was going on with Copernicus.

It also amazes me how many people blame Schilling et al for RI going to him and offering him money in exchange for moving this company.

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laethyn1

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@edinko @heat_masheet

Which they've already said can be turned off.

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