Greg Krikorian, a Glendale school board member challenging Assemblyman Mike Gatto in the 43rd district, defended his financial record Tuesday, calling the fact that he and his wife had to get through bankruptcy protection after incurring more than $49,000 in credit card debt a “little minor incident.”
His comments during a public school board meeting came three weeks after the News-Press reported that he and his wife, Christine, emerged from Chapter 7 bankruptcy protection last year after the debt was discharged by a U.S. District bankruptcy court judge in August 2011.
Krikorian, a Republican, is campaigning as a fiscal conservative, and in a statement on his election website lambastes Sacramento for spending “far in excess of what we take in.”
Speaking from his seat on the dais Tuesday, Greg Krikorian called the News-Press report “misleading” and claimed it was a product of mudslinging from Gatto’s camp.
He also stated his home is worth considerably more than what is listed in Los Angeles County assessor’s office records — a figure quoted in the story.