According to a recent interview with a Michael Jackson associate, the star has $100 million in loans. This is a good news indeed: the very same loan was more then $300 million back in 2005.
If Jackson will pay his loans like this, then he will be DEBT FREE before 2011 (and we did not take into consideration his incomes from the AEG Live deal).
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You made some good points there. I did a search on the topic and hardly found any specific details on other sites, but then great to be here, seriously, thanks...
- John
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