Friday, March 11, 2005

Not Really About Michael Jackson

Sorry for getting sucked into this, but this is a little unbelievable:

Prosecutors believe Jackson may be $300 million in debt, then said the singer may have $400 million in liabilities and that his financial troubles "will all come crashing down on him in December of 2005," Auchincloss said.

Is it possible he actually owes $300 million? Who the hell would extend that kind of credit of any type.

...ah, apparently it's at least because he put up half the beatles catalog as collateral...