Michael Jackson Bailed Out Of Financial Mess by Friends

Roger Friedman of FoxNews.com was told that a $70 million payment that was due on Michael Jackson’s $350 million Bank of America loan was recently paid — not by Jackson, but by a group of friends and advisers who saved him from financial disaster. The payment was due on February 17th and has already been made by Jackson pals Al Malnik, a Miami lawyer, and Charles Koppleman, a long-time respected figure in the record business. Both of them attended the Monday summit of the Jackson inner circle at the Beverly Hills Hotel. Read more.