More Tiffany & Co. Credit for Gingrich?

By Lindsey Boerma

The former speaker's campaign hits another roadblock

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The rain just keeps falling from the personal storm cloud that seems to have formed over Newt Gingrich's presidential campaign.


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On Tuesday, The Washington Post, citing a Gingrich spokesman, reported that the former House Speaker had a second line of credit at Tiffany and Co. for as much as $1 million; for Gingrich, it was a painful complement to the ruckus that ensued last month when personal financial disclosure reports for his wife, Callista, revealed the family's first line of credit at the high-end jewelry store, ranging between $250,000 and $500,000.

Details of the second account will be documented in Gingrich's personal financial disclosure filing, due within 30 days of a candidate's formal entrance into the race. The report, Gingrich spokesman Joe DeSantis told the Post, will "show that the Gingriches had a $500,000 to $1 million line of credit at Tiffany's, that it has a zero balance, and it has been closed."

Earlier on Tuesday, the candidate's senior fundraising staffers -- director Jody Thomas and consultant Mary Heitman -- left the campaign a week and a half before Gingrich's fundraising totals were due to the Federal Election Commission, citing weak receipts and heavy spending.


Image Credit: Phil McCarten / Reuters

This article available online at:

http://www.theatlantic.com/politics/archive/2011/06/more-tiffany-co-credit-for-gingrich/240841/