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R.I. official out amidst Schilling controversy

Keith Stokes, executive director of the Rhode Island Economic Development Corporation, has resigned, in the middle of controversy over a $75 million loan guarantee gave to 38 Studios, a video game company owned by former Red Sox pitcher Curt Schilling. The company moved to Rhode Island from Massachusetts in 2010 after the state offered the financing, claiming the deal would create 450 jobs and increase tax revenue

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