Tuesday, May 13, 2008

Barrack Saves Michael Jackson from Foreclosure

That's right, billionaire real estate investor Thomas Barrack struck a deal to buy a $23.9 million loan on Neverland Ranch from Fortress Investment Group. This should save this house of horrors until the next time.

Barrack is a billionare owner who ownes the property that sits between the Ronald Reagan estate and Michael Jacksons' Neverland.

Jump for the full story.


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