Educator, Game-Show Winner Declares Bankruptcy

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.... Full Story