And like that, he was gone: Allie Braswell drops out of CFO race

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Central Florida Urban League President Allie Braswell Jr. has quit his campaign to become the state’s chief financial officer after it was revealed he has filed for bankruptcy three times, reports the Associated Press.

Braswell sent out a press release early Monday withdrawing from the race, four days after he joined it.

After he announced his candidacy, The Florida Times-Union reported Braswell had filed for bankruptcy three times in two states. The latest was filed in 2008 and showed he had $509,000 in liabilities with only $324,000 in assets. He then defaulted on a payment plan.

Braswell had never run for political office. He held management positions with Walt Disney World for seven years before being named to lead the Central Florida Urban League in 2010. He also served 13 years in the Marines.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.