I dont feel sorry for Ed McMahon either, He has worked for 4 decades and you mean to tell me he has not saved any money.. If you or were behind on our mansion payment , no one would rescue us but ourselfs... Lets face it.. he has blown millions on women , liquor, cars, vacations, plastic surgery and lord knows what else...
Ed McMahon's mansion saved by 'The Donald' - CNN.com
Ed McMahon's mansion saved by 'The Donald'Story Highlights
Donald Trump to buy Ed McMahon's 7,000-square-foot Beverly Hills mansion
Trump says he plans to lease the home to McMahon
McMahon fell behind on mortgage payments after suffering neck injury
Next Article in Entertainment »
BEVERLY HILLS, California (AP) -- Donald Trump will soon be Ed McMahon's landlord.
Donald Trump says he plans to buy Ed McMahon's mansion, saving it from foreclosure.
Trump announced Thursday he would save the television personality's Beverly Hills mansion from foreclosure by buying it for an undisclosed amount and leasing it to McMahon.
The developer told the Los Angeles Times he doesn't know McMahon personally, but acted out of compassion because helping out "would be an honor."
McMahon, 85, who was Johnny Carson's sidekick on the "Tonight" show for three decades, has not worked for about 18 months because of a neck injury. He defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp.
McMahon's spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was "very optimistic" the deal would go through.
"When I was at the Wharton School of Business I'd watch him every night," Trump told the Times. "How could this happen?"
McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend -- down from a peak price of $7 million
Ed McMahon's mansion saved by 'The Donald' - CNN.com
Ed McMahon's mansion saved by 'The Donald'Story Highlights
Donald Trump to buy Ed McMahon's 7,000-square-foot Beverly Hills mansion
Trump says he plans to lease the home to McMahon
McMahon fell behind on mortgage payments after suffering neck injury
Next Article in Entertainment »
BEVERLY HILLS, California (AP) -- Donald Trump will soon be Ed McMahon's landlord.
Donald Trump says he plans to buy Ed McMahon's mansion, saving it from foreclosure.
Trump announced Thursday he would save the television personality's Beverly Hills mansion from foreclosure by buying it for an undisclosed amount and leasing it to McMahon.
The developer told the Los Angeles Times he doesn't know McMahon personally, but acted out of compassion because helping out "would be an honor."
McMahon, 85, who was Johnny Carson's sidekick on the "Tonight" show for three decades, has not worked for about 18 months because of a neck injury. He defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp.
McMahon's spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was "very optimistic" the deal would go through.
"When I was at the Wharton School of Business I'd watch him every night," Trump told the Times. "How could this happen?"
McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend -- down from a peak price of $7 million

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