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Trump Foreclosure with The Donald 08/15/2008
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Donald Trump will reportedly become Ed McMahon's landlord, according to the Associated Press.  Trump announced yesterday that he will save McMahon's mansion from foreclosure by purchasing it for an undisclosed amount, then leasing it back to him.  McMahon, who is now 85 years old and has been out of work for 18 months due to a neck injury, had defaulted on the 4.8 million dollar mortgage even though he's owned the six-bedroom, five bathroom, 7000-square-foot home since 1990.  Not to be confused with Vince McMahon, Ed was Johnny Carson's sidekick on the "Tonight" show for 30 years. 

Thanks to Simple Debt-Free Finance for tipping me off to this news.


 


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