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Kowers Files For Bankruptcy: Florida reliever, Penny Kowers, filed for bankruptcy this morning in a Florida court. According to the Chapter 7 filing, Mr. Kowers's restaurant chain lost $5.5 million last year. Among his assets, the reliever listed over 2 million in Rolex watches.

Penny has been quoted as saying, "What can I tell you? Those timepieces are the epitome of class. I can't say anything about my financial situation. Go through my lawyer."
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