1. Thursday, August 14, 2008

    LA Times exclusive 

    : Donald Trump will bail out Ed McMahon


    Mega-developer and TV personality Donald Trump has agreed to buy Ed McMahon’s Beverly Hills house for an undisclosed amount and allow McMahon to continue living in it. Details of the deal are still being ironed out, but Trump’s interest is regarded as an act of benevolence.

    “I don’t know the man, but I grew up watching him on TV,” Trump said in an exclusive interview with The Times.

    McMahon, 85, was facing foreclosure within two weeks on his Beverly Hills home of 18 years. The aging television icon, who was Johnny Carson’s sidekick for three decades, defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp. He said in interviews that he was unable to work because of a neck injury that occurred about 18 months ago.

    read the whole story here yo