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Report: McMahon Fighting Home Foreclosure

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Uploaded by on Jun 4, 2008

PlusReport: McMahon Fighting Home ForeclosureReport: McMahon Fighting Home ForeclosureThe Associated PressEd McMahon, who for decades appeared as Johnny Carson's sidekick on 'The Tonight Show,' is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, according to published reports. (June 4)NATS UP-- COMMERCIAL He made a career out of helping Americans' dreams come true... But now Ed McMahon is reportedly the one in need of help. Johnny Carson's longtime sidekick on "The Tonight Show" is allegedly in danger of losing his Beverly Hills, California mansion. The Wall Street Journal first reported McMahon is close to 650-thousand dollars behind in payments on his nearly 5-million dollar mortgage. The former "Star Search" host hasn't been able to work since he broke his neck 18 months ago. McMahon's spokesman says the 85-year-old pitchman and his wife are in "fruitful discussions" with his mortgage company to try work out a deal. McMahon's real estate agent says the six-bedroom, five-bath house has been on the market for two years. It's in a hilltop gated community that overlooks famed Mulholland Drive. But the agent says it's been a tough sell, partly because pop star Britney Spears is a neighbor -- and she attracts paparazzi. ___ ___, The Associated Press.RESTRICTIONS: commercial: courtesy publishers clearing house pics: www.hiltonhyland.com

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  • @ramona7609 Yep. Catering business right outside the house.

  • Larry King should have a special show devoted to helping the millions of working class people who lost thier jobs and homes over the past 8 years or so, I doubt very seriously that the rich will reach out to help them ,but everytime a celebrity has a stroke of bad luck, thats when the violin music starts to play,I remember when Willy Nelson went broke and fans actually sent him money,and now alot of them probably need help.

  • hIs NEW WIFE SAID ON LARRY KING,WITH ED NEXT TO HERTHAT SHE ""NEVER OWNED A HOME UNTIL SHE MARRIED ED""" huh????,is that why she married him???When Ed passes ,probably shorty,we are going to hear quite a bit about a fight over his estate between Ed"s kids and her...GUAREEN DAMN TEE YA it will happen

  • I don't understand. his house is going into foreclosure because he got fucked over by the bank or he doesn't have the income to pay his payments or both? Anyway, no one should feel bad for this fat old piece of shit. he had millions and spent it all. well, now its time to face reality. Your fucked, let me repeat, you are fucked up the ass. I hope your wife does you over like your ex's did so many times before. There are people who have not only lost their jobs, but their home as well.

  • why the hell should I feel bad for HIM! He was America's biggest "pitch man" for years he was paid a fortune hawking everything from pork pies to Brazeers. Not to mention his money fro 30 years with Johnny Carson. I have to watch every penny I earn. They should let this old coot live in a cardboard box on the street.

  • Who is that broad in the red sweater? Must be some gold digger...Bet ya.

  • notice how he talked on larry king about being britney spears' livin' next door to him? He only said that so that some crazy fan or some press will buy his place so they can watch her ALL the time .. buy his house and have spears be your freak neighbour. lol just kidding.. good luck to the amercian home owners - you should have all planned ahead and saved your money.

  • Is wife is still young enough to work and I am sure there is a grocery store or Wal Mart somewhere around Beverly Hills.

  • Unbelievable!!He made over $200 million in his life and he lost it all. Does anyone really feel bad for him? I sure as hell don't. He is a drunk,a womanizer,and has always led a lavish lifestyle and now it's time to pay the fiddler. The next news will be his divorce. Wifey will be finding another old, rich guy who can pay the bills while she "bones" the pool guy. What a joke!There are alot of hard-working people needing finiancial help and not one of them ever wasted $200 mil. Ed, just go away.

  • I hope he ends up a homeless crazy man. Many people (especially old) were swindled by Publisher's Clearing House. He helped cheat people to make money and over extended himself with his buying habits and gold digging young wife. Boo Hoo I'll lose a lot of sleep over that. Many friends I know are having a hard time staying in a modest home.

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