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Famous People and Bankruptcy-How Celbrities Go Bankrupt - 0 views

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shared by Diane Morrow on 28 Sep 10 - No Cached

Diane Morrow on 28 Sep 10

If you ask Kim Basinger, she might tell you it was her weakness for the town of Braselton, Georgia. Basinger bought the town for $20 million around the time she dropped out of the movie Boxing Helena. While this might have been a wise career decision, the financial fallout was severe. After being sued for breach of contract, Basinger filed for bankruptcy and had to sell the town.

<div class="cArrow"> </div><div class="cContentInner">If you ask Kim Basinger, she might tell you it was her weakness for the town of Braselton, Georgia. Basinger bought the town for $20 million around the time she dropped out of the movie Boxing Helena. While this might have been a wise career decision, the financial fallout was severe. After being sued for breach of contract, Basinger filed for bankruptcy and had to sell the town.</div>

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