Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Tx4obama

(36,974 posts)
Thu Apr 5, 2012, 11:49 PM Apr 2012

As ACA is Reviewed by SCOTUS, Gingrich Health Care ‘Think Tank’ Files Bankruptcy



During the week that ObamaCares is being reviewed by the Supreme Court, the Gingrich company that “fought” against the healthcare reform act has filed for bankruptcy.

Newt Gingrich’s LLC the Center for Health Transformation, a healthcare “think tank” that Newt claims actively campaigned against “ObamaCares”, has filed for Chapter 7 bankruptcy in Atlanta, Georgia. The company was involved health care industries and drug makers paying the company a lot of money so their voices could be heard on legislation.

The Atlanta Constitution Journal reports:

The Gingrich Group LLC, doing business as the Center for Health Transformation, filed Wednesday in U.S. Bankruptcy Court in Atlanta,, listing $1 million to $10 million in debt, with only up to $100,000 in assets. The filing was first reported by the Atlanta Business Chronicle.

Gingrich’s presidential campaign has suffered a number of recent setbacks, including the announcement that it had shed staff and that the former U.S. House speaker was trimming his campaign schedule.


<SNIP>

Full article here: http://www.politicususa.com/gingrich-think-tank/



2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
As ACA is Reviewed by SCOTUS, Gingrich Health Care ‘Think Tank’ Files Bankruptcy (Original Post) Tx4obama Apr 2012 OP
Soo..did the Think Tank have no money... Owlet Apr 2012 #1
I think Newt; greiner3 Apr 2012 #2
 

greiner3

(5,214 posts)
2. I think Newt;
Fri Apr 6, 2012, 08:09 AM
Apr 2012

Was using this as a way to fund his campaign.

Inquiring minds want to know if this will bite him in the ass and if he will be investigated for another 'oops' moment.

Latest Discussions»Retired Forums»2016 Postmortem»As ACA is Reviewed by SCO...