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05.11.2018 05:24
leading statements about the bonds used to fund the deal.Democratic Gov. Gina Raimondo said in a statement Tuesday that the sett Antworten

PROVIDENCE, R.I. -- Rhode Island has reached a $25.6 million settlement with two of the financial backers it sued over a disastrous deal with former Red Sox pitcher Curt Schillings 38 Studios video game company.The states Commerce Corp. announced Tuesday that it has agreed to the proposed settlement with Wells Fargo Securities and Barclays Capital Inc.The settlement was filed Tuesday in Rhode Island Superior Court and is contingent on the courts approval.The company founded by Schilling moved from Massachusetts to Rhode Island in 2010 after the states economic development agency agreed to give it a $75 million loan guarantee. The deal was financed through bonds offered to investors. Less than two years later, 38 Studios ran out of money and filed for bankruptcy.The state says its still in litigation with First Southwest Co. and Schilling.The new settlement brings to $42 million the amount the state has recovered from parties involved in the deal.This really and truly is a hard-won victory for all the parties, particularly the taxpayers of the state of Rhode Island, said retired Superior Court Judge Francis Darigan, Jr., who was called in as a mediator to help broker the settlement.Darigan told reporters Tuesday that negotiations are ongoing with the other parties and he is hopeful they can agree to a settlement before a trial scheduled for October. But he described Wells Fargo and Barclays as the biggest players and said hes doubtful the state will be able to recover from the remaining parties the nearly $40 million it says its still owed.That might be a stretch, Darigan said. Im hoping that we can make a significant contribution towards that, but I dont want to mislead anybody to think that the state is going to recover every nickel.Wells Fargo said in a statement that its pleased to have reached an agreement.We are not admitting liability, nor did we do anything improper, spokesman Gabriel Boehmer said in a statement. It is simply in our shareholders best interest to minimize the risk that accompanies lengthy litigation.The states top law enforcement officials announced last month that there would be no criminal charges following a yearslong investigation into the people and organizations involved in the 38 Studios deal. But the U.S. Securities and Exchange Commission is still pursuing a lawsuit against Wells Fargo and Rhode Islands economic development agency, which accuses them of making materially misleading statements about the bonds used to fund the deal.Democratic Gov. Gina Raimondo said in a statement Tuesday that the settlement is a big step in recovering taxpayer money lost to a bad deal.Rhode Islanders understandably feel hurt by this deal -- and I do too -- but I want everyone to know that we are demanding accountability, getting money back, and moving the state forward, she said. Cheap Jerseys Free Shipping . All of the scoring came in the final 20:04. Lucic scored on a power play at 15:46 of the third period, when he tipped a shot over Stars goalie Kari Lehtonen for a 3-1 lead. Wholesale Authentic NFL Jerseys . After a first half in which he thought "the lid was on the basket," the Toronto Raptors coach watched his squad mount a second half surge to defeat the Cleveland Cavaliers 98-91. http://www.jerseyswholesale.net/ . The Montreal Canadiens announced on Friday that the veteran forward will return to the teams line-up on Saturday night when the Habs visit the Nashville Predators. Jerseys NFL Wholesale . Louis. To which I would say two things: 1. Where there is smoke, there is or perhaps has been a little fire. Or, in other words, the two teams would appear to have at least spoken. And spoken is defined as one calling the other to inquire, no more, no less. Wholesale Jerseys China .C. -- When North Carolina freshman Ryan Switzer reported to training camp in August he was a little miffed to learn he was third on the depth chart at punt returner. AKRON, Ohio -- The U.S. Open trophy was on the kitchen table in Dustin Johnsons home in South Florida. That was by design.So when I came down the next morning, it was sitting right there, Johnson said Wednesday. Gave me a smile a little bit.For all his power, there is a subtle side to Johnson. He never got too down on himself when he was shooting 82 at Pebble Beach or grounding his club in sand without realizing it was a bunker at Whistling Straits. He played golf with friends the day after a three-putt cost him a shot at Chambers Bay.He sure didnt go over the top when he captured his first major at Oakmont.How to celebrate? Johnson skipped all the talk shows in New York. He waited until last Wednesday, his 32nd birthday, to head for some solitude in the Bahamas with family and friends, spending time on his boat, in the water and playing a little golf (a couple holes here and there) at Bakers Bay.He wasnt seen in public until he showed up on the range Wednesday at Firestone for the Bridgestone Invitational, and even then, he didnt get a lot of work in. Cleveland Cavaliers guard J.R. Smith stopped by for more than an hour, chatting with Johnson and former U.S. Open champion Justin Rose and taking a few swings with the driver.If his life has changed, its mainly finding time to respond to more text messages than he can count. Johnson figures he still has more than 100 messages on his phone, and he intends to respond to all of them.But first, he has more golf to play.The Bridgestone Invitational is in a different spot on the calendar because of the Olympics, squeezed in between a pair of majors. It also is opposite the French Open, which angered the European Tour so much that it is not sanctioning this World Golf Championship for the first time and has offered big incentive for players who have skipped Firestone for the French Open.That put defending champion Shane Lowry in a tough spot. The Irish is on the cusp of qualifying for his first Ryder Cup, but felt he should be at Firestone to defend. Whatever ranking points he earns this week will not count toward the Ryder Cup, leaving him three big events -- the Scottish Open, British Open and PGA Championshhip -- to make the team.ddddddddddddOnly 61 players are at Firestone, the smallest field since 2001, when this WGC featured a 39-man field of only Presidents Cup and Ryder Cup players.Johnson might have a little rust, but he is equipped with more confidence than ever.It was a popular victory, evident by the number of messages he received. Among the most meaningful was from hockey great Wayne Gretzky, his future father-in-law, who told him it was one of the greatest performances he ever saw. It meant a lot, because hes seen a lot of good things, Johnson said.And it was popular with his peers, particularly having to play the last seven holes not knowing the score because of an impending USGA ruling, and mainly because of how much heartache Johnson already had endured in the majors.Hes arguably the most talented golfer in the world. Ive been quoted saying that quite a few times, Jordan Spieth said. It was not a surprise, but personally knowing him and also knowing kind of the experiences to an extent that hes gone through, I thought it was very cool.Johnson said he had his doubts, normal for someone whos had so many close balls in the majors.Those appear to have been put to rest.I felt like I had it before, but it never worked out, Johnson said. But now I really know Ive got what it takes to get it done. I believed that I had it, but theres always that thing in the back of your head telling you, `Do you really have what it takes?He watched over the last six years as Rory McIlroy won four majors, Spieth won back-to-back majors last year, Jason Day won his first at the PGA Championship.Johnson moved up to No. 3 in the world, and he believes he is just getting started.I know when I play my best I can beat them, he said. But can you play your best all the time? The only person thats ever done that for a long period of time is Tiger (Woods) in recent years. But I know Rory and Jason and Jordan, when they play their best, theyre going to be very, very difficult to beat, just like when I play my best. Its going to be hard to beat me. 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