No, Ed McMahon did not win the Publisher's Clearing House Sweepstakes. Instead, it was Donald Trump who came to the rescue. Trump says he will bail out Ed McMahon by buying his foreclosed home and leasing it back to the show host.
The
85-year-old McMahon was Johnny Carson’s sidekick on "The Tonight Show" for three decades. He hasn’t been able to work for 18 months after breaking his neck. During that time, he defaulted on a $4.5 million mortgage from Countrywide Financial Corp.
85-year-old McMahon was Johnny Carson’s sidekick on "The Tonight Show" for three decades. He hasn’t been able to work for 18 months after breaking his neck. During that time, he defaulted on a $4.5 million mortgage from Countrywide Financial Corp.Trump says he doesn't know McMahon personally, but acted out of compassion. "When I was at the Wharton School of Business I'd watch him every night," the mega-developer said. "How could this happen?"
Source: The Associated Press (08/14/08)
This article is from Realtor Magazine Online Edition Daily Real Estate News for August 18, 2008
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