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From ABC News:
Kathy Cox, the Georgia state schools superintendent who recently won $1 million on the TV game show "Are You Smarter Than a Fifth Grader?," declared bankruptcy last week, another victim of the housing crisis. A spokesman for Cox said she will uphold her promise to donate her winnings to two schools for deaf children and a school for the blind, despite declaring personal bankruptcy with more than $3.5 million in liabilities and less than $650,000 in assets -- which is separate from her winnings.
The comments get ugly.
2 comments:
I don't get some of the comments. The way I understand it her winnngs weren't hers. She had promised them to the schools. How then could she ethically retract that and use the money to get out of her tight spot?
To be fair, this was her husband's business.
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