Is Whitney Houston Broke? [VIDEO]

Reports have surfaced that superstar Whitney Houston is broke. Allegedly, Houston has blown through her fortune of more than $100 million from her record deals. She is scheduled to appear on the big screen in the remake of Sparkle, in which she also helped produce. Insiders say that her comeback cannot come soon enough. Her record label, Arista, has been her source for money for awhile - fronting her funds. A source close to the diva said, "She might be homeless if not for people saving her. She is broke as a joke. She called someone for $100. It is so sad. She should have Mariah Carey money, but she's flat broke."

Whitney's reps vehemently deny this story and claim that her financial woes have been severely exaggerated, claiming that they are ridiculous and untrue.

What do you think?