Actress Kim Basinger files for bankruptcy after a California judge orders her to pay $7.4 million for refusing to honor a verbal contract to star in the movie Boxing Helena. As a result, Bassinger loses the town that she purchased in 1989, Braselton, Georgia, to her partner in the deal, the pension fund of Chicago-based Ameritech Corp.[?]
... The racial makeup of the town is 46.37% White, 44.23% African American, 0.85% Native American, 0.85% Asian, 0.00% Pacific Islander, 2.35% from other races, ...