Newt Gingrich’s health care think tank files for bankruptcy in Atlanta federal court

[trumad]

ATLANTA — The health care think tank created by Republican presidential candidate Newt Gingrich has filed for bankruptcy.

Records show the Gingrich Group, also known as the Center for Health Transformation, filed for Chapter 7 bankruptcy on Wednesday in federal court in Atlanta. The filing indicates the group has liabilities between $1 million and $10 million, and between 50 and 99 creditors.
http://www.washingtonpost.com/national/newt-gingrichs-health-care-think-tank-files-for-bankruptcy-in-atlanta-federal-court/2012/04/05/gIQAQYFbxS_story.html

[Old and In the Way]

1. Republican governing philosophy at work.

Just like their ideas on managing government...their business management skills are no better.

[madokie]

2. How rich is this

[PoliticAverse]

3. "liabilities between $1 million and $10 million"

I guess I can see why they went bankrupt if they can't narrow down their liabilities with less than a factor of 10.

[ellenfl]

4. his think tank is bankrupt? that's a surprise? eom

[Texas-Limerick]

7. If "I think tank, therefore I am"

Then what now?

[DLine]

5. I guess its expensive to not have ideas.

[Ganja Ninja]

6. Tanks for nothing Newt.

Looks like the GOP's 'Idea Man" dropped a deuce in his think tank.

[KG]

8. he's a con man, been one his whole life. GOPpers just too stupid to see it...

[JoePhilly]

9. He should list its address as "the moon" and then claim his creditors lack

jurisdiction to collect.

[arbusto_baboso]

10. Well, there's your problem.

having the words "Newt Gingrich", "health care" and "think tank" together on the same continent, much less in the same thought, is just plain unworkable and ridiculous.

No wonder this organization is bankrupt.