Mar 17
Here is an update on what is happening with the supposed deal he worked out to save his ranch.
The reports that were out about him getting financing to save his ranch from auction were a wee bit premature. Actually, according to Fox’s Roger Friedman, Michael was only able to work out a two month extension on the auction with Fortress Investments -which means it has been re- scheduled to take place May 14.
Yet again, I ask, why isn’t his family loaning him the money? I bet they figure Michael doensn’t need that that big of a ranch. He should be happy living in a normal sized mansion!
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