According to the Atlanta Journal-Constitution, GOP gubernatorial hopeful Nathan Deal lost $2 million in a business investment. (photo courtesy Deal campaign)
Deal is facing multi-million-dollar debts that exceed his assets because his daughter and son-in-law filed for bankruptcy, leaving him with financial responsibility for bank loans to finance the store.
Deal told a news conference on Wednesday that he will not file for bankruptcy and will pay the debts, which total more than $2 million. He said his financial troubles are a sign he's facing the same economic turmoil as most Georgians, and that the investment was something parents do to help their children.
