Lawsuit: Michael Jackson Near Bankruptcy

AP via Yahoo ^ | 5/23/03 | LINDA DEUTSCH

[Billy_bob_bob]

This guy's career is flaming out in an ever more spectacular series of catastrophic explosions. He's gone from the "king of pop" to the "master of disaster". Too bad the disaster in question is his personal life.

[FreedomCalls]

Good. Maybe now Paul McCartney can buy back the rights to the Beatles' songs.

[IronJack]

Is there a psychological term for "money-induced dementia"?

[cubreporter]

Anyone making that kind of money and losing it all is unbelieveable! All that money and now where is it?

[Michael.SF.]

Good. Maybe now Paul McCartney can buy back the rights to the Beatles' songs.

My thoughts exactly. But the way this whole escapade has gone over the years, I bet Yoko ends up buying them, out bidding Paul just for spite.

[Welsh Rabbit]

From what I saw in that TV special he did some months ago, it appears he goes into the most expensive stores he find, buys half the inventory, then has the stuff warehoused away, never seeing it again.

[ChemistCat]

It probably takes more effort to run a bank balance like that into the red, but it's probably much harder to salvage it. No one wants to hear him sing anymore.

[breakem]

He should sell off his assests, pay off his debts, downsize, and move to France. Seriously the folks in Europe fawn all over him and they don't seem to care if he is a child molestor. I volunteer to manage the downsizing, for a fee of course. Before this is over, he'll beg for second or third billing in oldie shows in the US.

[glorgau]

I bet Yoko ends up buying them, out bidding Paul just for spite.

Paul would win any bidding war.

[shred]

Well, if he'd stop buying 8 million dollar gaudy vases at overpriced Vegas pawnshops, he might not be in this mess.

[LibKill]

Freako Jacko broke?

Pulheze say it ain't so! :)

[CFC__VRWC]

Anyone making that kind of money and losing it all is unbelieveable! All that money and now where is it?

Isn't it funny how it is that the folks who p!ss money away the best always seem to be liberals, who never pass up an opportunity to lecture the rest of us on how only the government is wise enough to spend our money?

[Skip Ripley]

So many boys..
So many Lawyers...
Such little money

[HighWheeler]

"Anyone making that kind of money and losing it all is unbelieveable! All that money and now where is it?"

He put it all in stock: Enron, Worldcom, Global Crossing, and Walmart. He only had $25,000 in Walmart, however.

[mombonn]

He'll wind up like "The Donald" - his creditors can't afford fo him to go bankrupt.

[FreePaul]

Buying those young boys can be very expensive according to the weird pedophile that we have here.

[eeman]

Maybe he can open a day-care center ;-)

[Roscoe Karns]

I hope this doesn't cause him to lose face.