Newt's company is about to go under, it looks like

And the hits keep on coming for Newt Gingrich.

Gingrich recently secured his place as the nation's most broke politician with his failed presidential campaign sitting in nearly $5 million in campaign debt. But there's more.

Before he entered the race last year, Newt Gingrich headed a small empire of business and nonprofits [Newt Inc.] that made more than a $110 million over the past decade, but Reuters reports today that the companies may vanish along with Gingrich’s political career, facing bankruptcies and debt.

Jesus, take the wheel.

[Salon]