6/06/2008

Housing Hardships:

LOS ANGELES - Ed McMahon, who for decades appeared as Johnny Carson's sidekick on "The Tonight Show," is fighting to avoid foreclosure on his multi-million dollar Beverly Hills home, according to published reports. (7) In this case, McMahon is recovering from a broken neck, and regardless of his income level should have some type of a safety net so the house is not lost. However, McMahon is over $644,000 dollars behind in taxes. The house is listed for sale at a cool $6.25 million, and has been on the market for two years.

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