Neverland Ranch SAVED

Jackson Lawyer: Neverland Ranch saved

By NEKESA MUMBI MOODY, AP Music Writer 1 hour, 28 minutes ago

Michael Jackson has refinanced Neverland ranch in time to save his famed California spread from a public auction that was scheduled for later this month.


Jackson attorney L. Londell McMillan told The Associated Press on Thursday that the pop star has worked out a "confidential" agreement with Fortress Investment Group, LLC. The deal allows him to retain ownership of the famed property in Los Olivos, Calif.

"Neverland and MJ are fine," McMillan said.

An auction date had been set for March 19 because of $24.5 million the singer owed on the 2,500-acre spread northwest of Santa Barbara.

A source close to the singer who requested anonymity because of the sensitivity of the matter said it's not clear whether Jackson will keep Neverland. Jackson has not lived there since his acquittal on child molestation charges in 2005.

http://news.yahoo.com/s/ap/20080313/...ichael_jackson

This news makes you very happy, does it not?

No, not really.

I was watching something on the discovery channel about some lady who bought giraffes from his ranch.

Were they...queer...giraffes?

I don't think so, but you never know..

I was referencing Gladiator.

Happyfun times at Neverland Ranch.

No, just no.

It would be a nice place for kids, minus the molestations.