Bloomberg News

Gingrich's Newt Inc. Bankrupt, Facing Campaign Debt

April 12, 2012

Bloomberg's Julie Bykowicz reports that former U.S. House speaker Newt Gingrich’s time on the GOP presidential campaign trail has led to the shuttering of two businesses that generated $107 million in income during the last 10 years and helped him accrue at least $7.3 million in assets. His campaign also is struggling, bouncing a $500 check for the filing fee in the June 26 Utah primary, and amassing almost $4.5 million in debt. She speaks on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

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