Let me just say, I love Ed McMahon...without Ed, Johnny would not have been 1/2 as good. And I know some people say it serves him right, or he did those ads...or he might have taken a drink too many...however, if you have a heart,
you gotta be happy with this outcome. (Like when the Dallas Football Coach bought Willie Nelson's ranch and gave it back to him when Willie got in trouble)...
If one rich person would help a few regular people, and give something back, there would be no need for any home
to ever be foreclosed, and America could be great again...pass it down...

http://www.latimes.com/classified/realesta...0,6229599.story

Donald Trump to buy Ed McMahon's house
Trump will allow McMahon, who was facing foreclosure, to continue living in the home.
By Ann Brenoff, Los Angeles Times Staff Writer
4:07 PM PDT, August 14, 2008
It's "The Donald" to the rescue.

Mega-developer and TV personality Donald Trump has agreed to buy Ed McMahon's Beverly Hills house for an undisclosed amount and allow McMahon to continue living in it. Details of the deal are still being ironed out.

"I don't know the man, but I grew up watching him on TV," Trump said in an exclusive interview with The Times.

McMahon, 85, was facing foreclosure within two weeks on his Beverly Hills home of 18 years. The aging television icon, who was Johnny Carson's sidekick for three decades, defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp. He said in interviews that he was unable to work because of a neck injury that occurred about 18 months ago.

Trump said he stepped in because helping McMahon "would be an honor." His plan is to buy the home from the lender and lease it back to McMahon.


"When I was at the Wharton School of Business," Trump said, "I'd watch him every night. How could this happen?"

The deal with Trump was cemented this past weekend when McMahon's listing agent, Alex Davis of Hilton & Hyland in Beverly Hills, flew to New York to make a personal appeal to Trump. Davis declined comment.

The six-bedroom, five-bathroom house had been on the market for about two years. At one point, it was listed at more than $7 million but dropped in increments, winding up this weekend at $4.6 million. McMahon purchased the house in 1990 for $2.6 million, according to public records.

Lenders had set a deadline of two weeks for another buyer to be found.

ann.brenoff@latimes.com

Well, graham ....

Ah, yeah ....

Okay ....

In your world, "regular" people like Ed McMahon can live in $4.8 MILLION homes in Beverly Hills ....

And it is a good thing and a proper thing that they continue to be able to do so ....

Up here where I am, "regular" people are having difficulty putting food on their tables ....

I guess the word "regular" is somewhat dependent on perspective ....

It doesn't really have a universal meaning ....

Nor should it, probably ....

Especially in a class-based society as is ours ...

And so ...

Heartwarming.......well, I bet the "regular people" who have lost their far less expensive homes are really impressed with Trump's magnanimous gesture to help McMahon.

Note that the magnanimous Trump is going to lease Ed back his home ....

He is not giving it back ....

I wonder how poor "regular" Ed is going to be able to afford the lease payments ...

Which raises the question of whether the magnanimous Trump will turf Ed out on the street if he defaults on the lease payments ...

And so ...