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

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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]

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