| International News A forum for international news clippings. |
 |
|
6th June 2008, 02:28
|
#1 (permalink)
|
|
Eric C
is.....
Eye of the Tiger
Join Date: Aug 2006
Location: Soi Baan farang
Posts: 1,845
vCash: 500
|
Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Foreclosure possible for Ed McMahon
Compiled by FELICIA R. LEE Published: June 5, 2008
Ed McMahon, below, 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.
http://www.nytimes.com/2008/06/05/ar...ts&oref=slogin
I guess just about everybody picked up more house than they could afford when money was cheap and plentiful to borrow.
__________________
"It is anti-pedagogical to expect campesino students to be educated [in a schoolhouse in such poor condition], while government officials drive Mercedes cars. That is what we are fighting against."
--Ernesto "El Che" Guevara (hours before his execution)
"I don't believe that drug addiction is an occupational hazard."
-- Duke Ellington (Playboy's "Narcotics and Jazz Musicians" panel discussion)
|
|
|
|
10th June 2008, 18:23
|
#2 (permalink)
|
|
Piece Train
is playing slack key guitar with the native born
Hawaiians
Senior Member
Join Date: Jun 2007
Location: Ayutthaya
Posts: 2,448
vCash: 11459
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
I just read this article on Yahoo! News Headlines yesterday. Didn't even realize it was news on Ajarn until I saw this post by you.
Yes, it's a shame, the demise of Americans is the spending of so much on credit. Sooner or later that balloon has to burst.
__________________
|
|
|
|
|
10th June 2008, 18:25
|
#3 (permalink)
|
|
esoteric1
is a bitchy, moody
malcontent
Join Date: Sep 2005
Location: state of confusion
Posts: 23,524
vCash: 50
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
ain't that a bitch!
Quote:
Originally Posted by Eric C
He added that Mr. McMahon had been in “very fruitful discussions” with the lender to resolve the situation.
|
you or me would already be on the street. 
__________________
"Rhetoric is the art of ruling the minds of men." ~ Plato
|
|
|
|
|
10th June 2008, 18:26
|
#4 (permalink)
|
|
aging one
is.....
Space Cowboy
Join Date: Jan 2005
Location: don muang
Posts: 48,090
vCash: 90
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Thats the story, and add loans taken out against the house to keep up the same lifestyle when you basically are retired. Sad.
Evander Holyfield the fighter is also losing his place in Pen.
__________________
Too long in Exile, too long not singing my song.
Too long like a rolling stone, Too long in exile
Too long in Exile, baby you just arent my friend.
Too long in Exile my friend, Baby you can never go home again.
|
|
|
|
|
10th June 2008, 18:48
|
#5 (permalink)
|
|
Piece Train
is playing slack key guitar with the native born
Hawaiians
Senior Member
Join Date: Jun 2007
Location: Ayutthaya
Posts: 2,448
vCash: 11459
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
So much for bulk-rate Publishers' Clearinghouse Sweepstakes magazine subscription mailers spawning all over the country...ala 1980's...
__________________
|
|
|
|
|
10th June 2008, 19:21
|
#6 (permalink)
|
|
Constantine
is.....
New Member
Join Date: Oct 2005
Location: Byzantium
Posts: 32
vCash: 500
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by esoteric1
ain't that a bitch!
you or me would already be on the street. |
Yes, I think it's very silly. Even stupid.
Just think of how much money he made over his lifetime, and because of an extravagent lifestyle, and lack of planning, a man his age may foreclose, thereby losing his home and equity in it.
Silly. |
|
|
|
|
10th June 2008, 22:59
|
#7 (permalink)
|
|
Guy Mandude
is.....
Senior Member
Join Date: May 2005
Location: banned
Posts: 1,611
vCash: 450
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by Piece Train
I just read this article on Yahoo! News Headlines yesterday. Didn't even realize it was news on Ajarn until I saw this post by you.
Yes, it's a shame, the demise of Americans is the spending of so much on credit. Sooner or later that balloon has to burst.
|
You mean Thais don't spend too much on credit? I think this story is not nationality specific. Anyone, anywhere who lives about his means is headed for this same fall. |
|
|
|
|
11th June 2008, 00:26
|
#8 (permalink)
|
|
i1der
is thinking about grasshopper
หนุ่มต่างแดน
Join Date: Nov 2004
Location: Home Away From Home
Posts: 8,864
vCash: 1550
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by Guy Mandude
Anyone, anywhere who lives above his means is headed for this same fall.
|
too true, but let give him, Ed McMahon a break, he broke his neck 18 months ago and can't work since.
I'm hearing the same goes for Evander Holyfield.
__________________
ลาน้องก่อน พี่จนถึงต้องจำจาก, ถึงแม้พี่จะหลงรัก ฐานะพาพราก ต้องจากจอมใจ
ถ้าหากมั่งมี แล้วพี่จะคืนมาใหม่, ไม่ว่าจะอยู่แห่งไหน จะนานเท่าไร ยังไม่ลืมบาง...
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Last edited by i1der; 11th June 2008 at 00:29.
Reason: Automerged Doublepost
|
|
|
|
|
11th June 2008, 00:49
|
#9 (permalink)
|
|
Guy Mandude
is.....
Senior Member
Join Date: May 2005
Location: banned
Posts: 1,611
vCash: 450
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by i1der
too true, but let give him, Ed McMahon a break, he broke his neck 18 months ago and can't work since.
I'm hearing the same goes for Evander Holyfield.
|
The only thing wrong with this scenario is that in the US, most 85 year-olds aren't working. They're retired. Ed McMahon is practically an institution in the US, not only for his now famous "H-e-e-e-e-e-r-e's Johnny!" but for the "Star Search" show, a relatively innocent precursor to today's mean-spirited "American Idol." I don't know what happened to his finances, but it's tragic. |
|
|
|
|
11th June 2008, 01:07
|
#10 (permalink)
|
|
i1der
is thinking about grasshopper
หนุ่มต่างแดน
Join Date: Nov 2004
Location: Home Away From Home
Posts: 8,864
vCash: 1550
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by Guy Mandude
in the US, most 85 year-olds aren't working.
|
true
Quote:
Originally Posted by Guy Mandude
it's tragic.
|
true, again
I saw him on Larry King Live earlier this past weekend, he looks terrible, and his wife who looks half his age said that she can live any where if they're allowed 7 dogs to be with them. I don't think she's working either, no help there. It's like you on your own there, McMahon 
__________________
ลาน้องก่อน พี่จนถึงต้องจำจาก, ถึงแม้พี่จะหลงรัก ฐานะพาพราก ต้องจากจอมใจ
ถ้าหากมั่งมี แล้วพี่จะคืนมาใหม่, ไม่ว่าจะอยู่แห่งไหน จะนานเท่าไร ยังไม่ลืมบาง...
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
|
|
|
|
|
11th June 2008, 02:58
|
#11 (permalink)
|
|
dexter
is.....
Dexter
Join Date: Nov 2004
Location: Bangkok
Posts: 2,008
vCash: 470
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Bit of gossip which we can all drool over. Tall poppy bites the dust, etc...
Will it change the way you look at him, when you walk by him in the soi?
Hope it don't, cuz he probably don't know anything about the goss columns himself  .
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Last edited by dexter; 11th June 2008 at 03:03.
Reason: Automerged Doublepost
|
|
|
|
|
11th June 2008, 03:15
|
#12 (permalink)
|
|
Cream
is sick of pizza
I'm a Geordie, nut scouse
Join Date: Mar 2007
Location: Bangers
Posts: 2,546
vCash: 5248
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
 No idea who he is
__________________
I do not consider Adolf Hitler to be as bad as depicted. He is showing an ability that is amazing, and he seems to be gaining his victories without much bloodshed - Gandhi
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
|
|
|
|
|
11th June 2008, 03:17
|
#13 (permalink)
|
|
dexter
is.....
Dexter
Join Date: Nov 2004
Location: Bangkok
Posts: 2,008
vCash: 470
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Best to stay that way mate  .
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Last edited by dexter; 11th June 2008 at 03:23.
Reason: Automerged Doublepost
|
|
|
|
|
11th June 2008, 11:14
|
#14 (permalink)
|
|
Guy Mandude
is.....
Senior Member
Join Date: May 2005
Location: banned
Posts: 1,611
vCash: 450
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by i1der
I saw him on Larry King Live earlier this past weekend, he looks terrible, and his wife who looks half his age said that she can live any where if they're allowed 7 dogs to be with them. I don't think she's working either, no help there. It's like you on your own there, McMahon |
And when he passes away, his younger wife WILL have to do something to pay of those debts and feed all those dogs. |
|
|
|
|
13th June 2008, 19:18
|
#15 (permalink)
|
|
Piece Train
is playing slack key guitar with the native born
Hawaiians
Senior Member
Join Date: Jun 2007
Location: Ayutthaya
Posts: 2,448
vCash: 11459
|
Re: Foreclosure possible for Ed McMahon former co-host of The Tonight Show.
Quote:
Originally Posted by dexter
Bit of gossip which we can all drool over. Tall poppy bites the dust, etc...
Will it change the way you look at him, when you walk by him in the soi?
Hope it don't, cuz he probably don't know anything about the goss columns himself . |
Looks as if the same thing's going on in Britain as well...
Reasons to be cheerful? Well, at least the sun shone yesterday - Telegraph
If I may...a quote from the article:
After a decade of New Labour, the United Kingdom feels increasingly dysfunctional, a country whose economic engine has been filled with bootleg fuel - excessive personal debt, uncontrolled immigration, government profligacy - and is now blowing thick smoke.
(Highlighted your tall daddy in bold).
| |
