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FeedRank: 4/10  4/10  Good  ---  feeds.usmagazine.com
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Friday, August 22, 2008 --- 138 days ago
Former Tonight Show sidekick Ed McMahon has escaped the prospect of foreclosure by selling his gated, six-bedroom Beverly Hills estate. Though Donald Trump offered to buy the property – which is in Britney Spears ' neighborhood – McMahon's rep said the real estate mogul was not the buyer. In June, news broke that McMahon, 85, defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp. He has not worked for about 18 months due to a neck injury. The 62-year-old Trump — who doesn't know McMahon — had said making the deal "would be an honor" because "I'd watch him every night." Trump asked, "How could this happen?" ...




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