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Post Subject:

Michael Jackson says ranch foreclosure averted

Reply from: edonline
Date: 11 May, 23:56
http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?feedType=RSS&feedName=entertainmentNews

Michael Jackson says ranch foreclosure averted
Sun May 11, 2008 4:54pm EDT

NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a
foreclosure sale on his Neverland Ranch set for this week was averted
after a loan on the California property was sold to Colony Capital, a
large real estate investment firm.

The loan, which sources familiar with the matter said was about $23.5
million, had been held by Fortress Investment Group , a New York-based
private equity and hedge fund group. The 2,700-acre ranch in Santa
Barbara County was slated to be auctioned off on May 14 after Jackson
defaulted on loan payments.

In a press release, Jackson said he was in discussions with Colony and
its founder, Tom Barrack Jr., "with regard to the ranch and other
matters."

Colony, a Los Angeles-based firm that has invested more than $39
billion since its founding in 1991, is "very comfortable" holding the
loan while it negotiates payment terms, a person familiar with the
situation said.

Representatives of Jackson and Colony declined to comment. A Fortress
representative could not be reached for comment.

The formerly high-flying singer and songwriter saw his career slammed
a child molestation trial in 2005. Even though he was acquitted on all
counts, he has faced significant financial problems in recent years.

Reply from: explorer
Date: 12 May, 00:38
x-no-archive: yes
"edonline" <eronlineSPAMOUT@verizon.net> wrote in message
news:iqqe24p28j17ich8nkfohm3u5goqi1vmp9@4ax.com...
> http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?feedType=RSS&feedName=entertainmentNews
>
> Michael Jackson says ranch foreclosure averted
> Sun May 11, 2008 4:54pm EDT
>
> NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a
> foreclosure sale on his Neverland Ranch set for this week was averted
> after a loan on the California property was sold to Colony Capital, a
> large real estate investment firm.
>
> The loan, which sources familiar with the matter said was about $23.5
> million, had been held by Fortress Investment Group , a New York-based
> private equity and hedge fund group. The 2,700-acre ranch in Santa
> Barbara County was slated to be auctioned off on May 14 after Jackson
> defaulted on loan payments.
>
> In a press release, Jackson said he was in discussions with Colony and
> its founder, Tom Barrack Jr., "with regard to the ranch and other
> matters."
>
> Colony, a Los Angeles-based firm that has invested more than $39
> billion since its founding in 1991, is "very comfortable" holding the
> loan while it negotiates payment terms, a person familiar with the
> situation said.
>
> Representatives of Jackson and Colony declined to comment. A Fortress
> representative could not be reached for comment.
>
> The formerly high-flying singer and songwriter saw his career slammed
> a child molestation trial in 2005. Even though he was acquitted on all
> counts, he has faced significant financial problems in recent years.

How long until The Pedo defaults and screws this guy over, too, I wonder.



Reply from: SneakyP
Date: 13 May, 01:35
"explorer" <Nona@ubidnis.com> wrote in
news:8uidnYdNAt3w6LrVnZ2dnUVZ_tTinZ2d@centurytel.net:

> x-no-archive: yes
> "edonline" <eronlineSPAMOUT@verizon.net> wrote in message
> news:iqqe24p28j17ich8nkfohm3u5goqi1vmp9@4ax.com...
>> http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511
>> ?feedType=RSS&feedName=entertainmentNews
>>
>> Michael Jackson says ranch foreclosure averted
>> Sun May 11, 2008 4:54pm EDT
>>

>
> How long until The Pedo defaults and screws this guy over, too, I
> wonder.
>
>

Their own conjecture about the value of the land is high.
(They trying to hedge on an improved land market or sumptin?)





--
SneakyP
What's written in newsgroup stays in newsgroup.

PamelaKay@webtv.net (INEPT LANDLORD of AMMJ) bellowed to KowKlown in
news:20377-4793A91F-317@storefull-3157.bay.webtv.net:

> It's really funny that you and I continue to OWN this
> newsgroup, despite the haterf'losers desperate attempts.
>
Then that means haters are here rent-free
We're here at ***your*** expense.

Reply from: R6
Date: 12 May, 05:29
edonline wrote:

>http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?feedType=RSS&feedName=entertainmentNews
>
>Michael Jackson says ranch foreclosure averted
>Sun May 11, 2008 4:54pm EDT
>
>NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a
>foreclosure sale on his Neverland Ranch set for this week was averted
>after a loan on the California property was sold to Colony Capital, a
>large real estate investment firm.
>
>The loan, which sources familiar with the matter said was about $23.5
>million, had been held by Fortress Investment Group , a New York-based
>private equity and hedge fund group. The 2,700-acre ranch in Santa
>Barbara County was slated to be auctioned off on May 14 after Jackson
>defaulted on loan payments.
>
>In a press release, Jackson said he was in discussions with Colony and
>its founder, Tom Barrack Jr., "with regard to the ranch and other
>matters."
>
>Colony, a Los Angeles-based firm that has invested more than $39
>billion since its founding in 1991, is "very comfortable" holding the
>loan while it negotiates payment terms, a person familiar with the
>situation said.
>
>Representatives of Jackson and Colony declined to comment. A Fortress
>representative could not be reached for comment.
>
>The formerly high-flying singer and songwriter saw his career slammed
>a child molestation trial in 2005. Even though he was acquitted on all
>counts, he has faced significant financial problems in recent years.

That kiddie-fucker just won't die.

Reply from: Agent Smith
Date: 12 May, 15:18
edonline <eronlineSPAMOUT@verizon.net> wrote in
news:iqqe24p28j17ich8nkfohm3u5goqi1vmp9@4ax.com:

> Colony, a Los Angeles-based firm that has invested more than $39
> billion since its founding in 1991, is "very comfortable" holding the
> loan while it negotiates payment terms,

"Payment terms"? Yeah, that'll be the day. Hell will freeze over before
they ever see a nickel of this loan.

Reply from: JFlexer
Date: 12 May, 21:09
"edonline" <eronlineSPAMOUT@verizon.net> wrote in message
news:iqqe24p28j17ich8nkfohm3u5goqi1vmp9@4ax.com...
> http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?feedType=RSS&feedName=entertainmentNews
>
> Michael Jackson says ranch foreclosure averted
> Sun May 11, 2008 4:54pm EDT
>
> NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a
> foreclosure sale on his Neverland Ranch set for this week was averted
> after a loan on the California property was sold to Colony Capital, a
> large real estate investment firm.
>
> The loan, which sources familiar with the matter said was about $23.5
> million, had been held by Fortress Investment Group , a New York-based
> private equity and hedge fund group. The 2,700-acre ranch in Santa
> Barbara County was slated to be auctioned off on May 14 after Jackson
> defaulted on loan payments.
>
> In a press release, Jackson said he was in discussions with Colony and
> its founder, Tom Barrack Jr., "with regard to the ranch and other
> matters."
>
> Colony, a Los Angeles-based firm that has invested more than $39
> billion since its founding in 1991, is "very comfortable" holding the
> loan while it negotiates payment terms, a person familiar with the
> situation said.
>
> Representatives of Jackson and Colony declined to comment. A Fortress
> representative could not be reached for comment.
>
> The formerly high-flying singer and songwriter saw his career slammed
> a child molestation trial in 2005. Even though he was acquitted on all
> counts, he has faced significant financial problems in recent years.

I don't get it... He's already said he won't ever be comfortable living
there again - so why not sell the danged property and be done with it.


--
-J

*** Keeper of Bette Midler and Betty Buckley ***


Reply from: edonline
Date: 12 May, 21:11
On May 12, 3:09 pm, "JFlexer" <jf09623...@hoo.com> wrote:
> "edonline" <eronlineSPAM...@verizon.net> wrote in message
>
> news:iqqe24p28j17ich8nkfohm3u5goqi1vmp9@4ax.com...
>
>
>
> >http://www.reuters.com/article/entertainmentNews/idUSN115599282008051...
>
> > Michael Jackson says ranch foreclosure averted
> > Sun May 11, 2008 4:54pm EDT
>
> > NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a
> > foreclosure sale on his Neverland Ranch set for this week was averted
> > after a loan on the California property was sold to Colony Capital, a
> > large real estate investment firm.
>
> > The loan, which sources familiar with the matter said was about $23.5
> > million, had been held by Fortress Investment Group , a New York-based
> > private equity and hedge fund group. The 2,700-acre ranch in Santa
> > Barbara County was slated to be auctioned off on May 14 after Jackson
> > defaulted on loan payments.
>
> > In a press release, Jackson said he was in discussions with Colony and
> > its founder, Tom Barrack Jr., "with regard to the ranch and other
> > matters."
>
> > Colony, a Los Angeles-based firm that has invested more than $39
> > billion since its founding in 1991, is "very comfortable" holding the
> > loan while it negotiates payment terms, a person familiar with the
> > situation said.
>
> > Representatives of Jackson and Colony declined to comment. A Fortress
> > representative could not be reached for comment.
>
> > The formerly high-flying singer and songwriter saw his career slammed
> > a child molestation trial in 2005. Even though he was acquitted on all
> > counts, he has faced significant financial problems in recent years.
>
> I don't get it... He's already said he won't ever be comfortable living
> there again - so why not sell the danged property and be done with it.
>
> --
> -J
>
> *** Keeper of Bette Midler and Betty Buckley ***

Maybe he didn't have enough time to remove all of the evidence?


Reply from: sunshinelikeacid
Date: 12 May, 21:28

There has been so much controversy surrounding his ranch, that I don't
think I would be comfortable living in it!!
I mean it was creep to begin with; a playground for little kids owned
by an aging unmarried man...CREEPY!!! (just saying)
But now, after the whole kid molesting thing...it should be burnt to
the ground!!!

How did he get so creepy?
well, i guess if you look like this...
http://www.starvsstar.tv/michael-jackson.html

Reply from: Wyle_Coyote_©2008
Date: 14 May, 19:07
You sure know how to pick ''em HOLLYWOOD!

http://home.planet.nl/~rob9/weblog/images/marilyn.jpg

Reply from: Fujikawa Yamamoto
Date: 13 May, 03:14
On 11 May 2008, edonline <eronlineSPAMOUT@verizon.net> posted some
news:iqqe24p28j17ich8nkfohm3u5goqi1vmp9@4ax.com:

> http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?
> feedType=RSS&feedName=entertainmentNews
>
> Michael Jackson says ranch foreclosure averted
> Sun May 11, 2008 4:54pm EDT
>
> NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a
> foreclosure sale on his Neverland Ranch set for this week was averted
> after a loan on the California property was sold to Colony Capital, a
> large real estate investment firm.
>
> The loan, which sources familiar with the matter said was about $23.5
> million, had been held by Fortress Investment Group , a New York-based
> private equity and hedge fund group. The 2,700-acre ranch in Santa
> Barbara County was slated to be auctioned off on May 14 after Jackson
> defaulted on loan payments.
>
> In a press release, Jackson said he was in discussions with Colony and
> its founder, Tom Barrack Jr., "with regard to the ranch and other
> matters."
>
> Colony, a Los Angeles-based firm that has invested more than $39
> billion since its founding in 1991, is "very comfortable" holding the
> loan while it negotiates payment terms, a person familiar with the
> situation said.
>
> Representatives of Jackson and Colony declined to comment. A Fortress
> representative could not be reached for comment.
>
> The formerly high-flying singer and songwriter saw his career slammed
> a child molestation trial in 2005. Even though he was acquitted on all
> counts, he has faced significant financial problems in recent years.

--
Talk about your financial welfare system for broken-down poop singers.

Next sucka!



Reply from: Daedalus
Date: 13 May, 18:55
On Sun, 11 May 2008 17:56:34 -0400, edonline
<eronlineSPAMOUT@verizon.net> wrote:

>http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?feedType=RSS&feedName=entertainmentNews
>

>The formerly high-flying singer and songwriter saw his career slammed
>a child molestation trial in 2005. Even though he was acquitted on all
>counts, he has faced significant financial problems in recent years.

In three years you have never and will never again read an article
about Wacko that doesn't have a paragraph like this.

This should just be his epitaph.


Jade

Reply from: SneakyP
Date: 13 May, 20:36
Daedalus <jade@newtko0ouks.biz> wrote in
news:sfhj249tl0ncmrrqhbqkfhuclob0hfs2rm@4ax.com:

> On Sun, 11 May 2008 17:56:34 -0400, edonline
> <eronlineSPAMOUT@verizon.net> wrote:
>
>>http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?
>>feedType=RSS&feedName=entertainmentNews
>>
>
>>The formerly high-flying singer and songwriter saw his career slammed
>>a child molestation trial in 2005. Even though he was acquitted on all
>>counts, he has faced significant financial problems in recent years.
>
> In three years you have never and will never again read an article
> about Wacko that doesn't have a paragraph like this.
>
> This should just be his epitaph.
>
>
Fpfmpfmpppffpffmppmpm mmmpppmpm pfmmmmpffmmmpfmmfppffmmmfmmmppmpm mpfppfpff
fmpppfpfmmfffpfmpf'pmfppfppfpppfmm fmpppf mfmmmmfpppmp ppffpmmpppff.



--
SneakyP
What's written in newsgroup stays in newsgroup.

PamelaKay@webtv.net (INEPT LANDLORD of AMMJ) bellowed to KowKlown in
news:20377-4793A91F-317@storefull-3157.bay.webtv.net:

> It's really funny that you and I continue to OWN this
> newsgroup, despite the haterf'losers desperate attempts.
>
Then that means haters are here rent-free
We're here at ***your*** expense.

Reply from: spooge
Date: 14 May, 04:46
Daedalus <jade@newtko0ouks.biz> wrote in
news:sfhj249tl0ncmrrqhbqkfhuclob0hfs2rm@4ax.com:

> On Sun, 11 May 2008 17:56:34 -0400, edonline
> <eronlineSPAMOUT@verizon.net> wrote:
>
>>http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511?
>>feedType=RSS&feedName=entertainmentNews
>>
>
>>The formerly high-flying singer and songwriter saw his career slammed
>>a child molestation trial in 2005. Even though he was acquitted on all
>>counts, he has faced significant financial problems in recent years.
>
> In three years you have never and will never again read an article
> about Wacko that doesn't have a paragraph like this.
>
> This should just be his epitaph.

There is a stand-up comic who advises in his routine that any time you
forget the punchline to a joke: "Just say 'Michael Jackson'. It works
every time."

The Comedy Network uses that clip in an ad that runs many times every day.

What we've been telling the floons for a long time now has come to
fruition: their hero <choke> is nothing more than a sideshow freak who is
the punchline to almost any joke.

And it's going to continue to get worse for him and them.

--
Black Metal ist Krieg

Reply from: Fujikawa Yamamoto
Date: 15 May, 08:56
On 13 May 2008, spooge <spooge@petitmorteREMOVETHIS.net> posted some
news:Xns9A9DC937C19B8mypostdammet@207.14.116.130:

> Daedalus <jade@newtko0ouks.biz> wrote in
> news:sfhj249tl0ncmrrqhbqkfhuclob0hfs2rm@4ax.com:
>
>> On Sun, 11 May 2008 17:56:34 -0400, edonline
>> <eronlineSPAMOUT@verizon.net> wrote:
>>
>>>http://www.reuters.com/article/entertainmentNews/idUSN1155992820080511
>>>? feedType=RSS&feedName=entertainmentNews
>>>
>>
>>>The formerly high-flying singer and songwriter saw his career slammed
>>>a child molestation trial in 2005. Even though he was acquitted on
>>>all counts, he has faced significant financial problems in recent
>>>years.
>>
>> In three years you have never and will never again read an article
>> about Wacko that doesn't have a paragraph like this.
>>
>> This should just be his epitaph.
>
> There is a stand-up comic who advises in his routine that any time you
> forget the punchline to a joke: "Just say 'Michael Jackson'. It works
> every time."
>
> The Comedy Network uses that clip in an ad that runs many times every
> day.
>
> What we've been telling the floons for a long time now has come to
> fruition: their hero <choke> is nothing more than a sideshow freak who
> is the punchline to almost any joke.
>
> And it's going to continue to get worse for him and them.

Well, wacko always did want to be immortalized. He succeeded, just not
the way he had it all dreamed in his deluded mind.




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