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Old 06-04-2008, 09:51 AM
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Teak Teak is offline
Machiavelli Incarnate
 
Join Date: Oct 2007
Location: Malibu, CA
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The majority of people losing their homes to foreclosure, are those who have been living above their means for many years.

Just look at Ed McMahon, 85. This man has made many millions over the last 40 years yet he still has a $4.8 million mortgage. At 85 this man should have been able to retire in his Beverly Hills Mansion, with no worries at all.

Ed McMahon fighting foreclosure on his Beverly Hills home - Yahoo! News
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