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Old 04-05-2012, 08:59 PM  
Gouge
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Join Date: Mar 2005
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Gingrich sold his share of the CHT and Gingrich Group to the CHT May 10, 2011, and relinquished any legal connection with them. Even the New York Times got story right with the title "Former Gingrich Consultancy Files for Bankruptcy", Pacer has his 4 other corporations filed under the Gingrich Holdings umbrella and doing amazingly well.

And seeing how they don't need the CHT come June 5th Gingrich sold his interest, siphoned off the cash over the past year and filed chapter 7 to secure the creditors. Hes then going to bail out of the race and support Romney in return Romney will pay off the debt.

And with liabilities between $1 million and $10 million and a promissory note of between $5 million and $25 million from Gingrich Holdings everyone would get paid regardless...but why do that if Romney will do it for you.

Barry's super-PAC paid off Hillary's $17 million debt back in 08, so its not that much different.
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