Ed McMahon in Foreclosure? | The Frugalista

Ed McMahon in Foreclosure?

by frugalista on June 4, 2008

Mcmahon Oh no! Say it ain’t so! What would Johnny think? Ed McMahon, the former right hand man on The Tonight Show, has his Beverly Hills manse in foreclosure.  McMahon defaulted on $4.8 million in mortgage loans with a unit of Countrywide Financial Corp., which filed a notice of default in March, according to the L.A. Times.

The L.A. Times ran a nice story explaining all the health troubles he’s been having lately, which has made it hard on his finances. Seems like Ed hit a rough patch. Maybe Ed and Latrell Sprewell can be come roommates?

What do you think about Ed McMahon’s home being in foreclosure? Do you think he should have prepared for a rainy day? Or, do you think that financial troubles can hit the best of us? If Johnny were still here, do you think he would have bailed Ed out? Let’s talk about it.

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