ATLANTA (AP) - Only months after winning and giving away $1
million on a television program, state Schools Superintendent Kathy Cox and her husband, John, have filed for bankruptcy.
Ga. school superintendent wins big on game show Georgia school chief to give $1 million game show prize to 3 schools
Game show appearance by Cox draws criticism. Cox said she and her husband decided on Nov. 17 to file for bankruptcy because of losses incurred in his home building business.
She said, "The collapse of the home building market has been well documented and small builders, like my husband, have been hit especially hard. This was a gut-wrenching decision, but in the end,
we felt that we had no choice.''
In paperwork filed Monday the couple listed $3.5 million in liabilities and $649,728 in assets.
In the summer, Cox won $1 million on the game show "Are You
Smarter Than A 5th Grader,'' and donated the winnings to three
schools for the deaf and blind in Georgia.
Comments: I don't know, is there a GOD? If so, how did this get past him?
No comments:
Post a Comment
Everyone is encouraged to participate with civilized comments.