1. DEBT

    Gingrich Had Second Tiffany’s Credit Line

    Bill Haber / AP Photo

    Is there anyone who loves jewelry more than the Gingriches? Presidential hopeful Newt Gingrich’s campaign admitted Tuesday that he had another line of credit at the luxury jewelry store Tiffany’s, this one for as much as $1 million. Gingrich’s spokesman said the candidate’s financial-disclosure statement will reveal that Gingrich and his wife, Callista, had a “$500,000 to $1 million line of credit at Tiffany’s, that it has a zero balance and has been closed.” This revelation comes only a few weeks after another set of financial-disclosure forms revealed the family had a $250,000 to $500,000 line of credit at Tiffany’s during 2005-06. Earlier Tuesday, Gingrich’s finance team resigned, only a few weeks after the 16 other top aides quit.

    Read it at The Washington Post