:eek:
Never knew that. More problems coming his way as you said:
http://www.sciencedaily.com/upi/inde...n-finances.xml
Fox News reports that the Bank of America has sold Jackson's loans, which total $270 million, to Fortress Investment Group, a New York-based private hedge fund. The collateral for the loans includes Mijac, which owns Jackson's song catalog, and his 50 percent stake in Sony/ATV Music Publishing, which owns the Beatles' catalog.
Jackson's lavish lifestyle, including the Neverland Ranch, and legal expenses have left him with little cash. He has been staying afloat with loans.
:eek: :eek: :eek: