How in the world can that happen? The guy was raking in money

Current Events » in reply to Wow. Jackson was $400 million in debt when he died.

How in the world can that happen? The guy was raking in money

David F Mayer — 6/28/2009 3:03:13 PM (archived)

One forensic accountant testified that the singer had an "ongoing cash crisis" and was spending $20 million to $30 million more per year than he earned.

I wish that I could spend $20 million a year more than I made. Only rich guys can do that.

David F Mayer

The whole thread (28 posts)

Michael Jackson is dead. - Jefferson-Washington - 6/25/2009 10:00:51 PM
- Wow. Jackson was $400 million in debt when he died. - z - 6/26/2009 3:06:32 PM
  - How in the world can that happen? The guy was raking in money - David F Mayer - 6/28/2009 3:03:13 PM
    - This is why poverty will never be eliminated. - Lee - 6/28/2009 6:20:46 PM
      - A person has to be a world class fool to waste hundreds of millions of HIS OWN money. (n/t) - David F Mayer - 6/28/2009 7:08:18 PM
- I was a fan until he got too weird - z - 6/26/2009 12:05:46 PM
  - Even WEIRDER............ - carl - 6/26/2009 1:54:53 PM
- An odd thing about Jackson. - Bowser - 6/26/2009 4:05:26 AM
  - I noticed that too. - REB - 6/26/2009 5:42:05 PM
  - PPS..Peter Pan SYNDROME - carl - 6/26/2009 1:56:43 PM
- re: Michael Jackson is dead. - ER - 6/26/2009 12:25:40 AM
  - Like Howard Hughes... - TB - 6/26/2009 4:45:32 AM
  - I predict his death will be ruled a suicide. (n/t) - Lee - 6/26/2009 1:16:14 AM
    - Accidental drug overdose. I'd bet on it. - Bowser - 6/26/2009 1:53:46 AM
      - Price of FAME and Fortune - carl - 6/26/2009 1:59:14 PM
        
        Did you know that Dale had Trigger stuffed? - Lindy - 6/27/2009 12:45:18 AM
        
        When I was a kid, - ER - 6/27/2009 2:21:53 AM
        
        After Trigger died at age 33, his hide was stretched over a plaster likeness and put on display, - Lindy - 6/27/2009 2:38:01 AM
        
        Did Dale even have a twin a sister? (n/t) - ER - 6/27/2009 2:48:47 AM
- I was never a fan. - Eri - 6/26/2009 12:16:59 AM
- A tortured soul. Largely misunderstood, a victim of a PR lynch mob and other miscreants. - Bowser - 6/25/2009 11:00:36 PM
- A tragic figure. - Lee - 6/25/2009 10:30:50 PM
  - I admired his talent as a dancer and a good enough singer - FrankC - 6/26/2009 7:33:59 AM
  - A touching and perceptive comment, Lee. - ER - 6/26/2009 12:37:26 AM
  - Ditto (n/t) - Buck Galaxy - 6/26/2009 12:11:34 AM
  - Me too Lee... (n/t) - Jody - 6/26/2009 12:06:46 AM
- Good news for parents who don't want their children molested. (n/t) - David F Mayer - 6/25/2009 10:24:28 PM
  - Never proven - Adam - 6/26/2009 1:21:31 AM

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