Page 1 of 2 12 LastLast
Results 1 to 15 of 29
  1. #1

    • Darkbeer
    • Offline

    Join Date
    Jan 2005
    Location
    Tustin
    Posts
    8,260
    Blog Entries
    1

    Wacko Jacko is in SERIOUS money trouble!

    http://www.foxnews.com/story/0,2933,184325,00.html


    Jacko Kicked Out, Cut Off by Arab Prince

    Today will be the seventh week in a row that employees at Michael Jackson's Neverland Ranch have not received paychecks.

    And now I have really bad news for them: Jackson has been cut off and kicked out by Prince Abdullah, son of the King of Bahrain. He is no longer, I repeat, not doing it anymore — not funding Jackson, his kids and nanny in an extended stay in Bahrain.

    The first clue that this was the case was Jackson's traveling last week from Bahrain to Germany, and then on to Italy — on commercial flights in business class. There was no more private plane.

    But now I'm told that the prince has been informed by his family, the al-Khalifa clan, that Jackson is no longer welcome to unlimited generosity from the Bahraini royals.

    In fact, Jackson is aware of this. Sources tell me that he had found a couple of wealthy families in Dubai who helped him out, but their largesse was limited.

    "Jackson is essentially bouncing around the United Arab Emirates looking for handouts," my sources say.

    Compounding this now dire situation is a sharp, harsh reality: Jackson's $270 million worth of loans owned by Fortress Investments are due on Feb. 20.

    Fortress had given Jackson a 60-day extension, which began on Dec. 20, to resolve his problems with it, but nothing's happened. Now Fortress will either foreclose on Feb. 20 or make a deal with Sony Music.

    Sony, I am told, doesn't want Fortress to foreclose and send Jackson's loans to a public auction via bankruptcy court. Sony has been negotiating for weeks with Fortress, sources say, to avoid that development.

    But either way, Jackson's inability to deal with reality and his financial problems constitutes a veritable house of cards. And it's all about to come crashing down.
    Check out my Theme Park Photos at http://darkbeer.smugmug.com

  2. #2

    •   
    • Dept. 41 and Club 55
    • Offline

    Join Date
    Jun 2005
    Location
    Planet Selectro, in the Andromeda galaxy
    Posts
    2,038

    Re: Wacko Jacko is in SERIOUS money trouble!



    Looks like he has to grow up after all!

  3. #3

    • Banned User
    • Offline

    Join Date
    Aug 2005
    Location
    well thats none of your buisness
    Posts
    25,263

    Re: Wacko Jacko is in SERIOUS money trouble!

    oh oh, looks like this old boy got some hard knocks a coming, wonder which country he will run to next ? Can any one say pennyless?

  4. #4

    • MiceChat Round-Up Crew
    • Nikon +Disneyland = :)
    • Offline

    Join Date
    Jun 2005
    Location
    12.5 minutes from Disneyland
    Posts
    14,007
    Blog Entries
    9

    Re: Wacko Jacko is in SERIOUS money trouble!

    Coming soon to a theater near you...


  5. #5

    • Flames Fan/Oiler Hater
    • Offline

    Join Date
    Jan 2005
    Location
    Calgary Alberta
    Posts
    8,060

    Re: Wacko Jacko is in SERIOUS money trouble!

    Haha, what an idiot. Should've thought of this before becoming a white girl.

  6. #6

    • Married and happy again!!
    • Offline

    Join Date
    Feb 2006
    Location
    Hershey Pa, aka Chocolatetown USA
    Posts
    4,325

    Re: Wacko Jacko is in SERIOUS money trouble!

    In a way I am glad to hear this sort of thing maybe he will have to sell the rights to the Beatles song catalog. Then I might not have to hear thier songs whored out for commercials any more. That plus maybe it is time for a realitly check for him (doubt it though).
    Micechatter #5053 Looking for our new home in the WDW area! We need to get closer to our "Laughing Place"!























  7. #7

    • MiceChat News Team
      MiceChat Round-Up Crew
      MiceChat Administrator
    • MiceChat Contributer
    • Offline

    Join Date
    Feb 2005
    Posts
    3,042
    Blog Entries
    4

    Re: Wacko Jacko is in SERIOUS money trouble!

    Why does this make my heart smile?
    "All my life I've had one dream, to achieve my many goals.
    Homer Jay Simpson



  8. #8

    • I'm your huckleberry.
    • Offline

    Join Date
    May 2005
    Location
    Ventura County, CA
    Posts
    6,176

    Re: Wacko Jacko is in SERIOUS money trouble!

    How much of that loan money went to pay for plastic surgery?

    Quote Originally Posted by Senator David Wu (D-OR)
    Don't let faux-klingons send real Americans to war!

    Quote Originally Posted by TheHousingBubbleBlog
    Everyone says that the U.S. doesn’t make anything anymore, but that’s not exactly true. We’re the world leader in the manufacturing of bull****.

  9. #9

    • Gloomy Day, probably rain
    • Offline

    Join Date
    Jan 2005
    Location
    Orange, CA
    Posts
    624

    Re: Wacko Jacko is in SERIOUS money trouble!

    It makes me a little sad to think what's happened to Jackson. I always liked his music and thought well of him up until the last few years of course. It makes you wonder what all those years of being famous and on top of the world does to a person. He certainly went off his rocker. O well, bad kharma.

  10. #10

    • The Power To Do More
    • Offline

    Join Date
    Jul 2005
    Posts
    401

    Re: Wacko Jacko is in SERIOUS money trouble!

    Michael is talented but tainted.

    His reputation is pretty much shot.
    He is still a "child" in many ways.
    I was shovelling my driveway, cutting the lawn etc and having a lot of other responsibilities before I was 10.

    It's amazing how many celebraties have these problems. Just not all of them have them on Michael's scale.

    Perhaps if he was able to keep his hands to himself he would not have seen this decline. But perhaps with his "naivity" this was bound to happen.

    Learning from the school of hard-knocks. A lot of people have. Being a celebrity shouldn't give you immunity.

    But it was a great trip spanning multiple decades. Could you imagine having a house with your own personal amusement park in the backyard? Walt had his own, but Walt opened his up to the "children of the world", oh and Walt helped share the cost of the park with those who visited. Who said Walt didn't know as much about finance as Roy? He knew more then some.

    However in semi jacko defense. If he was a normal citizen holding his child out on the balcony probably would have gone unnoticed.

  11. #11

    • Banned User
    • Offline

    Join Date
    Aug 2005
    Posts
    18,922

    Re: Wacko Jacko is in SERIOUS money trouble!

    Why on earth was he being supported by an Arab prince anyway???

  12. #12

    • Waiting for my E-Ticket
    • Online

    Join Date
    May 2005
    Location
    Hanging out at The Attic with Johnny Dakota
    Posts
    19,735

    Re: Wacko Jacko is in SERIOUS money trouble!

    Today will be the seventh week in a row that employees at Michael Jackson's Neverland Ranch have not received paychecks.
    If those employees had any brains they'd be looking for another job.

    Quote Originally Posted by Jessicalover
    In a way I am glad to hear this sort of thing maybe he will have to sell the rights to the Beatles song catalog.
    SELL IT BACK TO PAUL!!! SELL IT BACK TO PAUL!!!

  13. #13

    • MiceChat Round-Up Crew
    • Get the Iodine!
    • Offline

    Join Date
    Jul 2005
    Location
    Here
    Posts
    17,659
    Blog Entries
    10

    Re: Wacko Jacko is in SERIOUS money trouble!

    So now we can brag that we are richer than the King of Pop? AWSOME!!!

  14. #14

    • Banned User
    • Offline

    Join Date
    Aug 2005
    Posts
    18,922

    Re: Wacko Jacko is in SERIOUS money trouble!

    Quote Originally Posted by aimster
    If those employees had any brains they'd be looking for another job.


    SELL IT BACK TO PAUL!!! SELL IT BACK TO PAUL!!!
    YES, YES, YES!!!!!!!!!!!!! I love the way you think!!!!!!!!!!!!

  15. #15

    • Banned User
    • Offline

    Join Date
    Aug 2005
    Posts
    18,922

    Re: Wacko Jacko is in SERIOUS money trouble!

    Quote Originally Posted by Disney Wrassler
    So now we can brag that we are richer than the King of Pop? AWSOME!!!
    HAHAHAH! I love it!

Page 1 of 2 12 LastLast

Similar Threads

  1. Wacko Jacko goes out in Public... dressed in drag....
    By Darkbeer in forum MiceChat News Archive
    Replies: 23
    Last Post: 10-12-2006, 08:52 PM
  2. Am I in trouble?
    By doombuggy driver in forum The Forums
    Replies: 11
    Last Post: 09-10-2006, 09:32 AM
  3. Trouble at the HoB?
    By SanSooJustin in forum Disneyland Resort
    Replies: 16
    Last Post: 07-22-2005, 08:13 AM
  4. Wacko Jacko- Guilty or Innocent??????
    By dramaqueen in forum MiceChat Main Lounge
    Replies: 32
    Last Post: 06-09-2005, 04:49 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •