Sun, Nov 22, 2009
EURweb |
|
Back to the Article »
Click Here
|
|---|
| Click here to post your comments. |
|
Name:
sultry
Comment: what in the world is going on? I am really confused about this situation.
|
|
Name:
ChocolateBrownGal
Comment: The whole scenario seems like a scam and MJ appears to be quite unstable. The "undated" photo...yeah...when WAS the last time Randy looked that good?
|
|
Name:
huey
Comment: ChocolateBrownGal
u r right, the last time i saw randy, he looked like he worked on the back of a sanitation truck.....
|
|
Name:
leeneepoo
Comment: That photo look like it came from one of the Jackson Five LP's it's really a dated photo. If Randy is conspiring to steal his brother's money he's wrong for that, but this is not uncommon in the brokest of families....
|
|
Name:
eddie
Comment: Michael never said Randy tried to steal his money.Don Stabler tried to STEAL the KING'S money.Stabler wasn’t happy, Jackson said.
“[Stabler] said, ‘What’s the problem? You’re not down, you’re with the Jews now. You’re not down with blacks anymore,’” Jackson testified.
“It was unkind,” Jackson added. “It was mean. It was meanspirited. It was nasty. Simply because he couldn’t get me to sign something that he wanted me to sign.”
The next time Jackson saw Stabler “he wanted to take my head off.” And his brother Randy wasn’t too happy, either.
Randy later claimed that Jackson and his staff had run up a $700,000 bill on his American Express card during the trial, which Jackson said he would repay.
It wasn’t the first time that Stabler teamed with Randy in trying to get him to sign off on a deal, Jackson claimed.
At a meeting in a bungalow at the Neverland ranch, Jackson said he had his mother at his side when he fought off another proposal.
“And I vehemently told them, ‘No, I am not signing this,’” Jackson recalled. “And I just remember how angry, the intensity of the anger in the room. And so they marched out.”
|
|
Name:
andryce76
Comment: i think somethings going on because randy wasn't named in the lawsuit, and michael and randy was together not to long ago something fishy is going on. hhmmm i don't think michael is all that mad at randy
|
|
Name:
B00TANEB00TUS
Comment: Randall is bad, he's bad-
come on
(Bad bad-really, really bad)
You know he's bad, he's bad-
you know it
(Bad bad-really, really bad)
You know he's bad, he's bad-
come on, you know
(Bad bad-really, really bad)
And the whole world has to
Answer right now
Just to tell you once again,
Randall's bad . . .
The word is out
He's doin' me wrong
I hope they lock his azz up
Before too long,
He's theiving eyes
Done told me so
That stupid muthafuccer
tried to steal my dough,
Your talk is cheap
You're not my brutha
You and Dash
are some foul mutha's...
|
|
Name:
eddie
Comment: Because Michael Jackson is a multi-Billionaire,almost everybody is trying to rip him off,But during breaks in the trial, Jackson says he was being pressured to sign off on a multimillion-dollar financing deal by Don Stabler, an associate brought in by brother Randy, his go-to guy on financial matters during much of his career.
Jackson initially took a liking to Stabler after Randy introduced them.
“He reminded me of people that live in mid-America like Indiana,” Jackson testified
|
|
Name:
eddie
Comment: Please leave Michael Jackson, the King,the Billionaire,one of the richest man on the planet,the most famous person on planet earth,the greatest entertainer in history,and the richest black man on planet earth,with Billions of dollars alone PLEASE!!!!!
|
|
Name:
andryce76
Comment: B00TANEB00TUS you crazy you wrong for that lol but he's not actually blaming randy i love my brothers and sisters with all my heart. all nine of them but aint no way in hell id let them have anything to do with my finances but you know them jacksons will get over this they always do
|
|
Name:
B00TANEB00TUS
Comment: I let yo butt in the Jackson's
You took Jermaine's place
Now you try and steal my money'
That's a slap in my fuccing face! . . .
Randall is bad, he's bad-
come on
(Bad bad-really, really bad)
You know he's bad, he's bad-
you know it
(Bad bad-really, really bad)
You know he's bad, he's bad-
you know it, you know
(Bad bad-really, really bad)
Woo! Woo! Woo!
(And the whole world has
to answer right now
Just to tell you once again...
|
|
Name:
eddie
Comment: Please stop stealing Michael Jackson's money,PLEASE !!!Because there’s a lot of money involved, there’s a bunch of schmucks in there,” Jackson said. “It’s the entertainment world, full of thieves and crooks. That’s not new. Everybody knows that.”
|
|
Name:
McNasty
Comment: During MiJac's trial I read an article that said that Randy had one of MiJac's Rolls Royce's transported to Florida where Randy lives so that he would have transportation. Randy was also suspected of spending/stealing over a million dollars that was to pay some household staff. I'm not sure what Randy did I am sure he did something.
|
|
Name:
NYCsoul
Comment: Boot> you'se a stone cold fool!! HAHAHAHAHAHAHAHAHAHA!
|
|
Name:
beboyz
Comment: Its the one the only MijacWeb. All Michael, all the time. Keep the Michael news coming I'm loving it!!!
|
|
Name:
katgrrrl
Comment: Mo' money, mo' problems! B00TS, seriously, send some of your stuff to Saturday Night Live so they can be funny again! You have a gift that not too many people (like SNL's current writers) have.
|
|
Name:
bigheadbull2
Comment: Thanks McNasty cause I heard the same thing and Randy is always into some shady %*$!. Which one of them married or was messing with his brothers wife.
|
|
Name:
DCGG
Comment: Who gives a fuvk...I'm sick of Michael Jackson and all his damn problems...
|
|
Name:
Soulwriter
Comment: B00T IS KILLING UP IN HERE, STOP IT!!! :oD
That entire family is so throwed it's unreal; I'm convinced that if Michael hadn't fired his 'dream team' in the late 80's for disagreeing with his 27th nose job (Frank Dileo, John Branca, etc), he wouldn't be in this damn mess. Not everyone who nods 'yes' is your friend Mike, wise up and learn that people give you the truth FOR A REASON....
|
|
Name:
showtime
Comment: A little UPDATE regarding the case MJ filed against Universal Express (the folks who held the recent auction). There was a hearing this past Friday and the Judge ORDERED Universal Express to PAY ALL OF MJ'S ATTORNEY FEES AND OTHER EXPENSES regarding this case. The Judge also held Universal Express in contempt of court, for not following his previous instructions regarding the auction items. The contempt hearing will be held next month. Janet also filed a claim and her case is pending. The Judge ordered that NOTHING ELSE goes on sale until Janet and MJ have had a chance to go through all of the items that are left in storage. The media failed to report this update, as usual.
|
|
Name:
ReginaBio1
Comment: Boot, you're a damn fool! Somebody should be chronicling all of Boot's comments on these boards, they'd make for a great book!
|
|
Name:
Soulwriter
Comment: Thank you Showtime, I had been wondering about that mess....
|
|
Name:
yunvme
Comment: a billion dollas dont mean shat if you had to sell your soul to the devil to get it. So keep on braggin bout ya girl Mike.
|
|
Name:
showtime
Comment: The biggest question for me is the fact that there is an "agreement letter" which appears on Damien Dash's letterhead, but is NOT signed by Dash. There are also three other "AGREED TO" signature spaces for MJ, Dash, and Stabler. The ONLY signature which appears on the agreement letter is that of Don Stabler. Dash never signed the agreement letter, nor did MJ. How somebody can go into court with an agreement letter that is not signed (and notarized) by all parties, seems odd, in my opinion. I guess they expected MJ to make some type of settlement, before this case hit the courtroom.
|
|
Name:
ccognac
Comment: Randy's a crackhead. Go find the dopeman and you'll find Mike's money. SMDH!!
|
|
Name:
McNasty
Comment: Bigheadbull that greasy faced Jermaine picked up on Randy's sloppy seconds and both have a kid by her. Jermaine is now muslim and married to someone else. Their parents should have taught them there are some things you just don't share.
|
|
Name:
Mas90
Comment: You'll never make me pay /
So take your loan off of me /
I know your every move /
So won't you just let me be /
I've been here times before /
But I was to blind to see /
That you seduce every boy /
This time you won't seduce me /
He's saying that's ok /
Hey Mike do what you please /
I have the money the you want /
I am the bank that you need /
He looked me deep in the eyes /
He's screwing' me so to start /
He says there's no turnin' back /
He trapped me in his loan shark /
Dirty Jew, nah /
Dirty Jew, nah /
Dirty Jew, no /
Dirty Jew /
Let me be!
|
|
Name:
Stephanie
Comment: You talk about a dysfuctional family? Good Grief...Kathryn had to be on some type of psych meds every time she gave birth because all her kids are crazy, well except Marlon. His daughter works with me and she is sweet as apple pie. I asked her why does she work being a Jackson and she said because the whole damn family is crazy.
|
|
Name:
andryce76
Comment: yeah but her cousin works with me and said the same thing about her and don't believe that sweet as pie sh-t that's what she want's you to think
|
|
Name:
archcookies
Comment: Dayum, this family has more problems that Carter has pills.
|
|
Name:
showtime
Comment: In my opinion, the Jacksons are no more or less dysfunctional then any other family. The only difference is they live in a spotlight. Ask Oprah, who's niece sold her out to The National Enquirer on more than one occasion, or her father and his "book" deal. Or Bobby Brown's sister selling out Whitney (pictures included), to the highest bidder. As we all know, money makes folks do strange things, and unfortunately family members are not excluded!
|
|
Name:
showtime
Comment: Thanks to Stephanie and andryce 76, for confirming that OLD SAYING: "There are two sides to every story, and then there's the truth!"
|
|
Name:
archcookies
Comment: Let's clear up something, Michael Jackson is not a billionaire.
|
|
Name:
yasmine1
Comment: the Jackson ain't no more dysfunctional than any other American family.. because they are famous.. they are under the microscope.. i bet if any of our families were under the microscope.. there would be a lot more than this.. anyways.. Michael wasn't putting all the blame on Randy.. NY Daily News is a tabloid and their interpretation of this lawsuit.. might not be right..stay tuned,... and that eurweb intern needs to stop quoting tabloids...
|
|
Name:
yasmine1
Comment: lets clear up something else. Michael is a BILLIONAIRE.. and was one way before Oprah...
|
|
Name:
arkansasgirl
Comment: I don't know why some people think MJ doesn't have any money. The man owns half of Sony. He is a billionaire and will be forever!
|
|
Name:
Angel
Comment: MJ needs to take some tips from Oprah on how to manage his day-to-day business. It seems like he's forever being sued for not paying somebody. He may be able to do the big picture stuff (i.e. acquiring the Beatles catalogs), but he definitely doesn't care about the minutia (i.e. paying staff on time).
|
|
Name:
Southernbelle
Comment: I cosign Angel. If he can't reach Oprah then he needs to find himself a much better accounting firm. The only reason people questions his wealth is because he's constantly in the news in similar situations such as this. Whether he's a billionaire, zillionaire or whatever I don't know. Unfortunatly, I haven't been privy to his business portfolio. But, all of these incriminating lawsuits does not look well on a man of his calibar.
|
|
Name:
archcookies
Comment: >Yasmine, MJ has never been a billinaire. Oprah made the news as the first black billionaire a few years ago. Mike has money but not billions.
|
|
Name:
Train
Comment: Correction, BET Founder Bob Johnson was the first black billionaire when he sold his company to Viacom. Oprah was the second and any of us, with hard work coud join them.
|
|
Name:
Angel
Comment: Archcookies - I'm pretty sure the first AA billionaire was Robert Johnson. Oprah was the first AA woman billionaire...well, depending on who you ask. Some consider Robert Johnson's ex wife since they owned their stock together prior to divorcing...but Oprah is definitely the first "self-made" AA female billionaire.
|
|
Name:
REDDOG
Comment: Apparently most of the comments today show many have not taken basic accounting. 1. MJ does not own half of Sony, he owns have of the Beatles discograpy. 2. MJ is not a Billionaire,never has been 3. you can not spend the amount of money on things MJ does without the same amount coming in and stay financially solvent. he is in debt up the ying yang and only able to keep the money he has by paying out to multiple attornies etc. BUT, he has a lot more money than any of us on this site!
|
|
Name:
archcookies
Comment: >Angel I forgot about him I stand correction, Oprah was the first black female billionaire
|
|
Name:
eddie
Comment: On February 6th, 2003, it was shown in interview that Martin Bashir questioned Michael Jackson on how much he was worth. Bashir stated "How much do you think you're worth?" Jackson replied "It's way up there". After more communication, Bashir asked "A billion dollars?" to which Jackson replied "It's over there". Bashir asked for confirmation: "Over a billion dollars!" to which Jackson replied "Yes". When the interview was aired in the United States, broadcaster Barbara Walters replied, saying, “As for his claim to be worth over a billion dollars,” Walters explained, “industry sources tell us that Jackson’s last CD was not profitable and that his actual worth is in the two or three hundred million range. That’s hardly bad, but it’s nowhere near a billion”. Deputy District Attorney Ron Zonen called Jackson a “self-proclaimed billionaire”,[24] and during Jackson's trial defense attorney Thomas Mesereau Jr. said that the Beatles catalogue (of which Jackson owns 50%) was worth $1 billion in 2003. There have been estimates it's now worth between $4 billion and $5 billion[25], but forensic accountant John Duross O'Bryan testified that the total value of Jackson's %*$ets was $130 million.
Michael Jackson has never appeared on Forbes international billionaire list nor has he ever been ranked among Forbes 400 richest Americans, a list which has often required less than even half a billion for membership. When Forbes editor Peter Newcomb was asked in 2003 to explain Jackson’s absence from their lists he replied “MJ owes $250 to $300 million to a consortium of banks; you will see him selling his publishing company any month now, my prediction”.[26]Racism has also been blamed for derailing the careers of Blacks who appeared headed for billionaire status. Author and activist Dick Gregory says “Michael Jackson did something that no one thought a Black man would do. He purchased the Beatles catalog for $48 million and today it is worth $1.5 billion. He didn’t know when he bought it that the Beatles owned Little Richard’s music. Michael gave it back to Little Richard, who is very happy now. Michael also owns the Elvis Presley catalogs. A Black man owns (the music of) two of the most important music figures in the world and anytime something is played by either of them, Michael gets paid…He’s a good man and I feel that he’s been the target of a conspiracy to destroy his career. In my opinion, there are people who have a financial interest in bringing Michael down.”
|
|
Name:
Zumbagirl
Comment: Jackson Dysfunctions: 1) Jackie, while still married to Enid, has an affair with Laker Girl Paula Abdul, provoking Enid to invite Paula over whereupon she ties Paula to a chair; 2) La Toya runs off with a conniving (and, might I add, breathtakingly unattractive) middle-aged slimester and then accuses her father of incest and her brother of pedophilia and then takes it all back; 3) "Sweet" Katherine orders Joe's secretary to quit because she suspects he's having an affair with her and when she refuses, Katherine, accompanied by a young Randy and younger Janet, goes to the office and sucker punches the woman while Randy and Janet hold her down; 4) Joe fathers an extramarital child who looks just like Janet; 5) Jermaine gets his mistress pregnant while his then wife Hazel Gordy is also pregnant -- oh and then he hooks up with Randy's ex-wife; 6) Katherine, Joe, Tito, Jermaine, and Randy have all filed bankruptcy; and 7) Michael's "vitilago" condition has had the unprecedented medical effect of changing his entire genetic make-up, thereby causing him to "produce" 3 100% white babies. Yep, just your typical everyday American family!
|
|
Name:
Zumbagirl
Comment: Reddog: You speak the truth re MJ's finances!
|
|
Name:
Southernbelle
Comment: LMAO @ Zumbagirl!> You could have listed a hundred more examples but we get your point.
|
|
Name:
eddie
Comment: Michael Jackson is a multi-Billionaire,his 50% share in sony/ATV music publishing is worth 2.5 Billion,because the entire catalog is worth 5 Billion dollars.Michael owns half or 50% of Sony /ATV music publishing currently valued at 5 BILLION ,keep in mind ,this does NOT include Michael's personal music catalog,MJJ music.
|
|
Name:
archcookies
Comment: >Eddie, Michael Jackson exaggerates a lot, as I stated before he has %*$ets but he is not as wealthy as people think he is. First of all he is a very wasteful spender, secondly you can read about his problems paying bills, he usually has to be taken to court before he forks up. I take the statement about his financial situation that I do in his "innocently" spleeping with little boys, I has it twisted somewhere in his mind.
|
|
Name:
yunvme
Comment: Ok. You know so much about Michael and how many azzets he has, how about the fundamental pricipals of accounting. Along with azzets you also have debits/bills/loans/lawsuits etc. Subtract all the loans, unpaid bills, and financing from the money you say he has. That would CLEARLY bring him under a billion. You seem to have orgasm when talking about his money, like I said, you can boast on his behalf all you want. He sold his soul to the devil. That is evil money. It is all coming back to haunt him. His world is crumbling. LOOK AT HIM.
|
|
Name:
yasmine1
Comment: REDDOG, you are technically wrong on all 3 points.. but it really doesn't matter..one way or another.. as for Marlon's daughter.. she is a little flakey.. and if she is dogging her family shame on her.. she needs to respect those who paved the way for her because.. if she wasn't a Jackson who knows where her azz would be and we all know sometimes we might need financial help .. well she got a couple of rich family members she knows would bail her butt out if needed...and Mijac is a strong individual becuz all this was going on while he was fighing for his life in court.. keep your head up Mike..
|
|
Name:
Angel
Comment: I don't believe anything MJ says after he sat there on national tv and said he's only had 2 plastic surgeries and they were both on his nose to help his breathing. Give me a f*cking break!!! Since when do you cut off half your nose in order to breath better?
|
|
Name:
yunvme
Comment: dont forget he said he doesnt bleach his skin either. LMAO. The man is a mess.
|
|
Name:
yasmine1
Comment: archcookies .. its not an exaggeration.. that catalog was officially appraised and during the trial it was stated how much its worth.. the media is going to give you the info of a broke man that don't pay his bills but .. no one can spend like Michael spends .. never tours to make money.. have people stealing from him left and right.. and still has NOT filled bankruptcy.. If Michael was poor.. or really in dire straits as some think.. NO ONE would be talking about him.. Poor black men.. don't have billionare friends to consultant with or being invited to live in a palace for as long as he wants.. Believe what u want
|
|
Name:
yasmine1
Comment: the hate.. comes through everytime for some of u.. but it don't change the facts.. neither does the constant tabloid stories by Eurweb...there is more to this lawsuit.. Londell McMillan is repping Mike on this suit.. and I know eurweb will print the tabloid version of the case.. and not AP's version..
|
|
Name:
yunvme
Comment: it dont change the fact that he is a wacked out crazy azz walking corpse who "likes" little boyz. So fvckin what if he can dance or carry a tune. Why does he look like a woman?
|
|
Name:
Angel
Comment: yasmine1 - For God's sake, please get off this man's d*ck!!! Good lawd, we get that you are part of some pro-MJ propaganda machine, so I truly hope you're getting paid a nice penny to do so. I know MJ ain't broke because he's probably paying out the azz for you guys to patrol blogs all day to post the same ish over and over again. We get it!!! In your eyes (or in the eyes of the person who's paying you), MJ is a billionaire that didn't touch those boys. LOL
|
|
Name:
eddie
Comment: >archcookies ,I guess if Forbes magazine said Bill Gates is the richest man, you would believe them right,well I have news for you , because Bill Gates, Never was,is and never will be the richest man,because The SULTAN of Brunei,Hassanal Bolkiah is the RICHEST man on planet earth,with a mind blowing $ 100 Billion dollars in CASH,if his asets were included,an out of this world QUARTER OF A TRILLION NET WORTH.WHICH IS $250.000.000.000.00 BILLION.THATS $250 Billion dollars, which is more money than ,ALL the richest americans combined, including Bill Gates.
|
|
Name:
showtime
Comment: REDDOG, Sony/ATV is way more then just the Beatles music. That catalogue now contains OVER 500,000 songs. The Beatles portion only covers 250 of their songs. After the recent purchase of the Stoller-Lieber catalog and the more recent purchase of the Famous Music catalog, there is no telling how much Sony/ATV is actually worth.
|
|
Name:
OSUN
Comment: If MJ is a billionaire, why wont he pay his bills???
|
|
Name:
yunvme
Comment: does Michael do or have anything he can call his own with out partners? Every deal he has made, every loan he has out he as partners. So I doubt very seriously if he owns 50% of anything.
|
|
Name:
yunvme
Comment: if Michael is a billionare why would he still be wearing one of Diana Ross's old wigs from her Supreme days. LoL.
|
|
Name:
eddie
Comment: Forbes magazine NEVER gave a list of the SUPER RICH ARABS ( The OIL TYCOONS),because Forbes knows for a FACT ,The ARABS (The OIL TYCOONS ) TRILLIONS of dollars net worth ,would EMBRASSED THEM,espically Bill gates,and a few people who thinks he is rich.
|
|
Name:
showtime
Comment: LOL! MJ's net worth has be the topic of discussion for the last 10, or more, years. How many stories have we all read over the year's regarding MJ going broke or being broke? Who knows what the brother is actually worth. But there is one thing we must all agree on, MJ has never filed for bankruptcy and he continues to live in the lap of luxury, as he travels around the world.
|
|
Name:
ladybyrd
Comment: He thought MJ wouldn't notice it, because money was being paid out all over the place. If this is true shame on you Randy!
|
|
Name:
MsMo
Comment: 1) As stated before, this family is no more dysfunctional than most others. The difference is that all their business is all over the news WITH a NEGATIVE SPIN and half-truths.
2) Michael is the ATV in Sony/ATV music publishing, meaning he owns HALF of the business all by himself, (over half a million songs, including the Beatles catalog and some Elvis) and Sony/ATV is either the 2nd or 3rd largest music publishing company in the WORLD, the last I heard. www.sonyatv.com/index.php/news/261
Plus, he owns ALL of his own music (Mijac) since his solo career began.
3) Michael gave away more money to charities than Oprah made last year, before Oprah had it to give. The difference between him and people like Oprah and Robert Johnson is that he owns land all over the world and put most of his money in Swiss/offshore accounts away from the prying eyes of the U.S. Gov. Therefore, nobody knows for sure how much he’s worth and it really ain’t nobody’s business, but, he is estimated to be worth at least 5 billion, half of Sony/ATV alone is estimated to be worth 2 billion. He’s good friends with some of the richest people on earth, including a Saudi King, whom I’ve heard is the richest man in world and ya know they ain’t gonna being hangin’ around with NO broke Negro.
4) As far as this case goes, it’s one of the last of a string of CONs, and it appears that Michael never signed anything, nor gave anyone permission to sign for him. It also appears that they MAY HAVE fooled Randy, but Michael wasn’t fooled and got advise from other friends.
5) Anyway, it seems as though he’s got a good lawyer/accountant team working for him now, who has been dealing with these con cases one by one instead of settling like his old team advised to make mo’ money for themselves, which only caused more bogus suits to be filed.
|
|
Name:
eddie
Comment: Michael Jackson is the ONLY person in the u.s.a. who has business companies, with the world super rich Arabs,The king of Bahrain,Prince Alweed Bin Tal,Shiek of UAE (United Arab Emerates)most importantly, The Richest of the Rich ,The Sultan of Brunei,Hassanal Bolkiah.The world's first trillionaire to be.
|
|
Name:
showtime
Comment: USA Today, just announced that this case has been dismissed. Apparently, there was some type of settlement. At this point, I'm not sure what that means. BUT it is interesting that the Judge DID NOT order MJ to pay the attorney fees for the other side. If you lose a civil case, most often the Judge will order you to pay the legal fees of the other side. I'm just glad it's over and MJ can move on.
|
|
Name:
yunvme
Comment: eddie...fvck them arabs. Are you a arab michael jackson fan? cause we dont care bout no sultans over here. The only thing they can do for me is lower the cost of gas.
|
|
Name:
yasmine1
Comment: this case is now settled and here is an article on Jessie Jackson...The news thread is't open yet so I will post this here.
http://www.chicagotribune.com/news/nationw...nationwor ld-hed
Money talks, Jackson to Jackson
Mary Owen
Published June 18, 2007
Rev. Jesse Jackson said Sunday that he has counseled Michael Jackson -- whom he has known since the early 1970s, during the days of the Jackson 5 -- financially and spiritually since the start of the singer's 2005 child molestation trial.
"There were all these decisions that he had to make," Jesse Jackson told the Tribune. "I was simply one voice that had some access to him. I do not credit myself with having the determining voice."
Jesse Jackson said he met with bankers on the performer's behalf, told him to reduce spending and suggested charging for admission to Neverland Ranch. When some people urged the singer to rid himself of debt by selling off his music publishing holdings, Jesse Jackson said that he urged him not to do so.
He said the singer's business deal with Sony that owns and administers copyrights of thousands of songs is one of Jackson's most valuable long-term %*$ets.
"[I'll do] whatever I can do to make sure that the Sony coalition continues, I think it's mutually beneficial," Jesse Jackson said. "Its success has worldwide ramifications."
A Santa Maria, Calif., jury acquitted Michael Jackson of child molestation in June 2005.
Citing court transcripts, the New York Daily News reported Sunday that the singer said he turned to Jesse Jackson and billionaire Ron Burkle for guidance after suspecting other advisers were exploiting him.
"Michael's resources are substantial," Jesse Jackson said. "Wherever there is money, there are predators and greed."
Jesse Jackson said he referred the singer to Burkle.
"Burkle was capable, credible and honest with no need to exploit Michael," he said.
Jesse Jackson added that Michael Jackson is "business-focused" these days and will soon come out with a new "product," but he declined to elaborate.
|
|
Name:
MsMo
Comment: As for him not paying his bills, he put millions in an account for them to be paid, but his old accountants pocketed the money instead, so he paid them when he found out.
FYI, he has lawsuits pending against his old accountants and lawyers right now.
|
|
Name:
yunvme
Comment: ok if his publishing deal with Sony is so lucrative why would his advisers ask him to cut spending and charge an admission fee to Neverland ranch?
|
|
Name:
andryce76
Comment: all the haters on here sure is funny posting multiple times about someone you don't care for uuumm think that's kind of pitiful obsession is dangerous lol
|
|
Name:
yasmine1
Comment: Angel, if I am getting paid to be pro-mj then you must be getting paid to do what u do.. yunvme and Angel.. the hate don't change a thing..
|
|
Name:
yunvme
Comment: Yasmine, If Michael Jackson is worth 5 Billion dollars why on earth would his "advisers" advise him to cut his spending? Why would they want him to charge admission to his house to supplement his income?
|
|
Name:
eddie
Comment: The Sultan is famous for his vast automobile collection. In 1998, the British car magazine Autocar published undercover photographs of the Sultan's cars, which included unique conversions of Ferraris and Bentleys into station wagons. He is variously said to have owned between 3,000 and 5,000 cars; although the number purchased by his business interests and the number actually used by himself and his family differ greatly. According to Guinness World Records the Sultan's personal private collection has 500 Rolls-Royces — the largest collection of that marque in the world. During the 1990s, his family accounted for almost half of all Rolls-Royce purchases, bulk buying slightly modified vehicles for diplomats and adding unique cars to their own collection. He also owns the very last Rolls-Royce Phantom VI, a 1992 state landaulette.
|
|
Name:
yunvme
Comment: you just dont get it do you. We dont give a fvck about no damm sultan. I am convinced now that you are an arab. Or are you so obsessed with Michael that you automatically like who he likes?
|
|
Name:
Zumbagirl
Comment: Re: "As stated before, this family is no more dysfunctional than most others." MsMo, you are so right! Just last week, my 7-year old niece Blanketta was fitted for a new summer mask.
|
|
Name:
eddie
Comment: Sultan of Brunei, Hassanal Bolkiah, who has been the richest man in the world for many years, certainly has a fine way to spend his money. He owns around 5000 cars: the most expensive, the most beautiful, the most rare, the fastest, the unique...yes, he has them all. He keeps them in five big warehouse-garages. One visitor of the sultan's garage's once said: "It can take an hour and a half just to get a certain car out if it's been parked right at the back."
The cars are driven by the Sultan, members of his family, and also by the ministers of state, government officials and other members of the royal household.
|
|
Name:
soulmusic101
Comment: Okay, okay, let it go...we all know that MJ has more cash than everybody on this board...go out and do something for your fellow man or woman instead of bickering...lol
|
|
Name:
OSUN
Comment: Zumbagirl that was hilarious
|
|
Name:
Angel
Comment: yasmine1 - I post on several topics daily. You seem to focus most of your energy on any topic that mentions MJ. Like I said, get off his d*ck!!!
|
|
Name:
Zumbagirl
Comment: 5000 cars and only one azz. That's obscene. Eddie's Uncle Hassanal should be ashamed of himself. lol
|
|
Name:
Babygurl
Comment: This is ridiculous! That's all I can say.
|
|
Name:
MsMo
Comment: Showtime -
GOOD! Glad to hear that's over with.
|
|
Name:
MsMo
Comment: In other MJ news...
www.aphroditejones.com/books/Michael_Jackson.htm
www.iuniverse.com/books/michael-jackson-conspiracy/
|
|
Name:
Lusciousl
Comment: Did Eurweb do a story on Mike buying Eminem's song catalogue?
|
|
Name:
Lusciousl
Comment: The ignorance on this so-called intelligent black board is astounding. And these would be the same people on the Oprah threads or Whitney threads chewing people out for trashing them or not trying to uplift them and so on.
I would not respond to such foolishness, its childish. I presume its a lot of jealously and ignorance as I notice many of the posters say " well its in the news" he's broke! YOu guys still believe everything on the news?? If these are adult people like they say, there truly is no hope for the future of Black young people. They're as doomed as the " media" say they are.
|
|
Name:
remello
Comment: Michael Jackson settles breach of contract claim
Mon Jun 18, 2007 3:51 PM EDT
NEW YORK (Reuters) - Debt-laden pop singer Michael Jackson reached a settlement on Monday over a breach of contract claim by New Jersey-based finance house Prescient Capital.
Prescient sued Jackson and his MJ Publishing Trust in July 2005 for $48 million alleging breach of contract after providing financial advice to Jackson and his various companies.
Prescient said it helped Jackson secure a commitment for a total of $537.5 million in financing to enable him pay off a $272.5 million debt to Bank of America and to possibly exercise his 'Put Option' to purchase the 50 percent interest in Sony/ATV Music Publishing he does not currently own. Prescient secured funding from New York-based hedge fund Fortress Investment Group.
Sony/ATV, the world's fourth largest music publisher, is jointly owned by MJ Publishing Trust and Sony Corp. Among its valuable catalog of songs are most of the hit songs of the Beatles and songs penned by Jackson himself.
Michael Jackson has been reported to be struggling with debt which saw him seek refinancing to avoid losing publishing rights to his valuable catalog of songs, which also includes songs by Bob Dylan and John Mayer.
A spokesman for Jackson told Reuters the settlement means that both the Beatles and Jackson's song and others in the library are "safe and sound."
Court documents showed a voluntary dismissal of the breach of contract claim.
The terms of the settlement were not disclosed in filings at the U.S. District Court Southern District of New York.
© Reuters 2007. All Rights Reserved.
|
|
Name:
Zumbagirl
Comment: Luscious, just curious, where exactly do you get YOUR information? If not the news, you must have a heck of an inside track with MJ.
|
|
Name:
MsMo
Comment: Re: Lusciousl"
Did Eurweb do a story on Mike buying Eminem's song catalogue?"
Probably NOT!
Sony/ATV Buys Viacom's Famous Music For $370M
May 31, 2007 10:43 a.m. EST
Mary K. Brunskill - AHN Staff Writer
New York, NY (AHN) - Sony/ATV Music Publishing, a joint venture between Sony and trusts set up by Michael Jackson, is purchasing the music publishing business Famous Music from Viacom. Sony is paying about $370 million in the deal and will be acquiring more than 125,000 songs, among them "Moon River," "Footloose" and Eminem's "The Real Slim Shady."
Jackson said in a statement: "This is a milestone event for Sony/ATV Music Publishing. The diverse collection of songs in this catalogue range from timeless classics to contemporary hits, and I am pleased to add the acquisition of Famous Music to Sony/ATV."
Famous Music started in the late 1920s as a publisher of music for films. Sony/ATV will now be the owner of a number of movie theme songs, including those for "The Godfather" and "Beverly Hills Cop."
Other songs on the Famous Music roster that now belong to Sony/ATV include songs by Shakira, Beck and Bjork.
www.allheadlinenews.com/articles/7007505465
|
|
Name:
ladybyrd
Comment: Michael Jackson is NOT broke. And #2 every family have problems, but the Jackson's problems are front page news. And probably some of the posters family members who was sent to jail. lol
|
|
Name:
Zumbagirl
Comment: ladybyrd: au contraire. for the record, none of the 7 dysfunctions I listed in my earlier post made "front page news."
|
|
Name:
DOne
Comment: People the value of a person's company does not necessarily equal their personal wealth. In other words the value of Michael the company is different from the value of Michael the individual. The company and its holdings could very well be worth a couple of billions, but that doesn't necessarily make the owner a billionaire because as with any corporation, there are many many hands in the pot. That why you have situation where a company may do millions in sales, but the owner of the company isn't a millionaire or you can even have the reverse. So when the publishing company is paying $370 million, its not like its money coming directly out of Michael's pocket. The wealthy rarely use their personal money for anything.
|
|
Name:
MsMo
Comment: Re: remello
Sounds like a win for Michael since it was DISMISSED with prejudice, meaning for good reason and the plaintiff is barred from filing the same claim again.
As for the settlement, I wonder how much they had to pay him?!? Or perhaps he threw them a bone just to be done with it rather than wasting his time with a trial...that can be the smarter move SOMETIMES, I guess...main thing is that his investments are safe and sound.
Hmmm, he can't be in too much debt since he and Sony just made two major purchases in the last month or two, one for $370 MILLION! LOL!
|
|
Name:
showtime
Comment: I agree with you MsMo. And according to the lawsuit that was filed, Prescient claimed to have also secured over $400 MILLION in order for MJ to buy the other half of Sony/ATV. Now you certainly can't be too bad off financially if somebody is willing to loan you OVER 400 MILLION DOLLARS. Ain't nobody trying to loan money to a broke person. LOL!
|
|
Name:
MsMo
Comment: Re: DOne
Tru dat, not necessarily.
Re Showtime
Exactly!
|
|
Name:
Angel
Comment: MsMo - It was dismissed with prejudice because the parties settled out of court.....Showtime- the judge did not rule on a winner/loser of the case due to the settlement, so he wouldn't dictate who pays attorneys fees. That's covered in the settlement agreement.
|
|
Name:
showtime
Comment: Angel, the "auction" case was also settled out of court, but the Judge ordered that the folks who held the auction had to pay all of MJ's legal bills related to that case. I find it interesting that the Judge in this case made not such order for Presicent's benefit.
|
|
Name:
yasmine1
Comment: Angel, I don't post on topics just to spew hate.. if I don't like the topic.. i move on.. .. as the old saying goes .. "if you can't say anything nice, don't say anything at all.. and if I was riding Michael's d*ck... well.. don't be jealous.. also, they is no need to get personal.. because some people are defending a person you don't like..I always find personal attacks comes when someone can come at you with facts... rumours and tabloid stories ain't facts.. Keep your head up Mike!
|
|
Name:
yasmine1
Comment: I mean: someone CANT come at you with facts
|
|
Name:
Angel
Comment: Showtime - Everything I've seen on the auction case says that a confidential settlement was reached and the auction occurred. Haven't seen anything about a court order for Universal Express to pay Jackson's legal fees...where did you see that?
|
|
Name:
Angel
Comment: yasmine1 - PLEASE trust me when I say that I'm not jealous of ANYBODY who's on MJ's d*ck. I actually feel sorry for them. MJ is in need of some serious mental help and if it wasn't for all of these yes men surrounding him, he probably would've gotten help a long time ago. I love the OLD MJ before he mutilated himself and chose to speak in a childlike squeaky voice as a grown azz man. I will never understand what happened to him and I've NEVER wished him ill will, but at some point you have to call a spade a spade....he's a musical genius, but something ain't right in his head.
|
|
Name:
Angel
Comment: yasmine1 - As for the facts, you conveniently leave out facts that are not favorable to MJ. That's what I mean about pro-MJ propoganda. I would have more respect for your comments if you would concede that he has some issues and all of his problems don't stem from some conspiracy to bring him down. There is some ish that MJ is responsible for, but you seem to always ignore or gloss over those. If you gave the COMPLETE facts, it wouldn't be so obvious what your motives are.
|
|
Name:
showtime
Comment: Angel, there was another court hearing this past Friday. The Judge not only order Universal Express to pay MJ's legal fees, he also held Universal Express in contempt of court, for not following his earlier instructions. The contempt hearing will be held next month. It was also brought out, that Janet has now joined this case. The Judge further ordered that Universal Express cannot sell anything else, until MJ and Janet have gone through what ever is left. This information comes from the Court's website. I figured if the news was pro-MJ, the media would not cover it, so I looked it up myself. (Which is basically the way I do things, I don't trust the media to tell me anything. The best way to get the FACTS is to see EXACTLY what happened in court. That way, you don't have to filter out the SPIN. LOL!)
|
|
Name:
RMP7772000
Comment: Thanks Eddie for all the up to date info. And I agree, please leave Mike alone! And Boot you are crazy funny. Hell, i'm buying one of Donald Trumps Pent Houses and know one knows me, but I bet a family member will try and get a cut! That's what some family members do! Stay blessed and loved ALL!!!!!!!
|
|
Name:
MsMo
Comment: Showtime you're right. It took me a moment to learn how to filter out the spin and figure out who are the most credible, fair and balanced sources...I don't even read the ones who call him out of his name in a negative way or keep bringing up irrelevant old news.
Like I said yesterday...
"We claim that Prescient's efforts never materialized," said attorney L. Londell McMillan, adding that Jackson settled to avoid the financial costs of a trial.
www.northjersey.com
"The most important thing is that Michael Jackson's publishing catalog remains safe and sound," said Jackson's lawyer, L. Londell McMillan, whose clients have included Prince and
Stevie Wonder.
http://news.yahoo.com/
|
| Back to Top |
| Click here to post your comments. |
| Back to the Article » Click Here |
|---|
...
