A healthcare think tank founded by Newt Gingrich has filed for bankruptcy, piling further humiliation on the Republican presidential hopeful following the virtual collapse of his campaign.
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The Gingrich group was at the heart of 'Newt, Inc.' Photo: AP Photo/The Daily Times, Laura Emmons |
In the interim between resigning as Speaker of the House in 1998 and announcing his bid for the presidency last year, Mr Gingrich set up a number of businesses, including the Gingrich Group, a healthcare advisory company.
Records show that that the business, which was at the heart of a collection of Gingrich-run firms referred to as 'Newt, Inc.', filed for bankruptcy in Atlanta on Wednesday.
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