LISTEN: EDC Paid $40K to Bond Agencies for 38 Studios

LISTEN: EDC Paid $40K to Bond Agencies for 38 Studios

The Rhode Island Economic Development Corporation paid $35,920 to its bond rating agencies -- Standard and Poor's and Moody's -- as well as over $5,000 in materials printing and shipping fees -- in 2010 for analytical and professional services for the $75 million Job Creation Guaranty Program Taxable Revenue Bonds for 38 Studios.