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-- NY Times: Ed McMahon faces foreclosure...


Posted by EXTREMUM on Jun-05-2008 20:39:

NY Times: Ed McMahon faces foreclosure...

Foreclosure Possible for Ed McMahon

Compiled by FELICIA R. LEE
Published: June 5, 2008

Ed McMahon, Johnny Carson�s former sidekick on �The Tonight Show� and the former host of �Star Search,� is said to face foreclosure on his multimillion-dollar Beverly Hills house, above, because he is $644,000 behind in payments. The Associated Press reported that Mr. McMahon had fallen behind in payments on $4.8 million in mortgage loans. A unit of the Countrywide Financial Corporation filed a default notice on Feb. 28 with the Los Angeles County Recorder�s Office, The Wall Street Journal reported on Tuesday. Beyond his decades of work with Carson, Mr. McMahon, 85, has also been a spokesman for the American Family Publishers� sweepstakes. But Howard Bragman, his spokesman, said Mr. McMahon had not been able to work as a spokesman for various products since he broke his neck 18 months ago. He added that Mr. McMahon had been in �very fruitful discussions� with the lender to resolve the situation. It is unclear whether Mr. McMahon and his wife, Pamela, will remain in the six-bedroom, five-bathroom house, in a hilltop gated community overlooking Mulholland Drive. It is listed for sale at $6.25 million and has been on the market for two years, said a real estate agent, Alex Davis.[quote]


Posted by jpisani on Jun-05-2008 20:42:

This article lists him as a spokeman, but he himself has a spokesman? Thats just poor money management.


Posted by bas on Jun-05-2008 20:55:

He should have just wrote himself one of those big checks.


Posted by glass on Jun-05-2008 21:34:

Heeeeyyyyooooooooo


Posted by sweds00 on Jun-05-2008 21:40:

what an old fuck


Posted by EXTREMUM on Jun-05-2008 22:12:

quote:
Originally posted by sweds00
what an old fuck

I suppose living to see 80+, isn't on your to-do list?

I'll tell you this though, it must suck being 85, and losing your fortune.


Posted by Ygrene on Jun-05-2008 22:38:

quote:
Originally posted by bas
He should have just wrote himself one of those big checks.


You are correct sir! YES!



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