Michael Jackson has been spotted in Brooklyn doing a photo shoot for the front cover of Ebony magazine.
Apparently, during the shoot, he went on about hwe he loves children.
Given that he has deliberately changed his skin colour, and is in financial freefall, why is a magazine that focuses on the contribution that African Americans have made to the world so keen to put him on the front cover?
Thursday, November 01, 2007
Tuesday, October 30, 2007
Jackson Bankrupt
The Mirror reports that with debts of over $320M, and having learned that Neverland may be repossessed in 90 days, Michael Jackson is considering declaring himself bankrupt.
Then what?
Then what?
Monday, October 29, 2007
Jackson To Lose Neverland?
Reality may finally be catching up with Michael Jackson, as his Neverland ranch is now under serious threat of repossession.
He has 90 days to pay back a $23M loan plus interest, or he will lose Neverland and other property.
Jackson has reportedly defaulted on the $23M loan with Fortress Music Trust, which he was to have settled by October 12.
A notice of default was filed in Santa Barbara Country on October 22.
The value of Neverland is reported to be $17M. However, any sensible person buying it would undoubtedly have to spend a large amount of money removing the amusements and other assorted paraphernalia.
He has 90 days to pay back a $23M loan plus interest, or he will lose Neverland and other property.
Jackson has reportedly defaulted on the $23M loan with Fortress Music Trust, which he was to have settled by October 12.
A notice of default was filed in Santa Barbara Country on October 22.
The value of Neverland is reported to be $17M. However, any sensible person buying it would undoubtedly have to spend a large amount of money removing the amusements and other assorted paraphernalia.
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