Attention creditors and the state of California: Even as his Neverland ranch has been shut down today by authorities, Michael Jackson is back home in Encino after a nine month self-imposed exile.

Sources tell me exclusively that Jackson has been back at his family home in Encino for a day or so. He did not return to Neverland because he owes the staff back pay from December 23, 2005.

This column has been the first and only to chronicle the lack of pay and insurance at Neverland. Reports today that California authorities finally figured out that there was no insurance at Neverland are pretty amusing. We've told you repeatedly for weeks that Neverland was about shut its doors. Wire reports today say that 30 employees have filed official complaints with the state labor authorities.

Readers of this column knew that weeks ago.

Some good news, though: Jackson returns to the family home in Encino with his mortgage payments up to date. Sources tell me sister Janet Jackson brought his $2.2 million loan current on February 10th. The mortgage holder is relieved they don't have to foreclose. Janet Jackson also brought up to date Jackson's overdue payments on storage facilities in Buellton, California.

But Michael Jackson is in big, big trouble now. The state fined him $69,000, or $1,000 per employee, for allowing his insurance to lapse. He's also been levied $100,000 in fines for not paying the employees $306,000. That comes to $475,000, which Jackson does not have.

I do feel a little like Rodney Dangerfield here. For weeks I've told you in this space that Jackson was heading for a colossal financial disaster. Well, it's here, and so is he. Jackson's arrival in Encino signals a total break with Prince Abdullah of Bahrain who was underwriting the singer's extravagant lifestyle since last year. At the same time, Jackson faces imminent foreclosure on $270 million of loans guaranteed by his 50% ownership in Sony/ATV Music Publishing, a.k.a the Beatles catalog.

More tomorrow, including the news that Jackson's year 2005 civil attorney, Brent Ayscough, has filed a breach of contract suit against the singer in Torrance, California as of February 21, 2006. And that's not all. Tonight, even as you read this, Jackson's employees who are still talking to him are headed to the Encino house for a meeting.

Our flies are on the walls.

Source: http://www.foxnews.com/st...06,00.html

By Roger Friedman

Thursday, March 09, 2006

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The big news is...Michael is back in U.S.A.
Let me be the first on the org to say...Welcome back Michael!

We don't know this for sure. It's a RF article, take it with a grain of salt.

The news about his employees being barred from Neverland due to the lack of workers comp insurance, and the unpaid wages and the associated fine, is true. We'll see about the other things RF is reporting! I wish I had a dollar for every time he's predicted Jacko's imminent doom!

Check out this thread for more details about the problems at Neverland:

http://www.prince.org/msg/8/180591?pg=1

The bit about Jacko falling out with the Prince is interesting. And what happened to the Katrina single?! It was supposed to be out by the end of February:

http://www.mjnewsonline.c...the-month/

'Eight days after Hurricane Katrina hit, Michael Jackson announced he would release an all-star charity single within two weeks.

Nearly six months later, after questions about exactly who would be participating, the prince who has been hosting Jackson during his self-imposed exile in Bahrain says the song will come out by the end of this month.

In a telephone interview from Dubai last week, Sheik Abdullah bin Hamad Al Khalifa, the son of Bahrain’s king, told The Associated Press, “The record is coming along great. We’ve been taking our time to perfect it and mix it.”...'

What More Can I Give?

JasonStar said:

People seriously think MJ does not have $475,000? That's the stupidest thing I've ever heard.

Militant said:

If he doesn't, Janet does

Militant said:

If he's got it, why the hell hasn't he paid his employees? They haven't been paid since December 19th.

His employees are far too good to him, cuz it could not have been me, going 2 1/2 months without a pay check?!

Shiiiiit, fuck that, I'd have gotten my money from the National Enquirer.

wait a minute..i remember reading another that there is a loan stipulation forbidding him from being lended finances to pay off debt? (which is a silly obsurd thing in the first place)..

now the tabs are saying janet is paying him off? silly arse reporters..


and i repeat, if a borrower is in default of paying their mortage by law the creditor must publish a foreclosure statement in the local paper. there are mortgage brokers who make a living off of that classified page..and their are real estate agendts who make a living buying up foreclosed homes, fixing them up and then selling them for a profit.

how in the world would we not find out that one of the most famous men in the world is i default is beyond me.....

silly half arse reporters...

It's amazing that everytime Prince is getting ready to come out with new music or go on tour Michael always manage to try to steal the show and the same with Madonna. --Keep doing your thing Prince. Handle it Right!!!

RosesRred said:

wtf?

Novabreaker said:

nutter. lots about.

SexyBeautifulOne said:

RosesRred said:

Novabreaker said:

sosgemini said:

Umm, maybe the stipulation was that he couldn't take out a new loan to pay off the old one... this hardly applies to having your sister bail you out of trouble.

jtfolden said:

you cant stipulate that though..trust man, im in the industry. you can have problems securing a new loan if you cant prove you have income..but existing loans? the banks just want their money...they dont care if you had to take a personal loan to get it.

When Bubbles gets his own emoticon he gets a hum dinger!

JasonStar said:

RUN, CHILDERN, RUN!!!

uPtoWnNY said:

You had to go and be cruel about Michael's return to his country, didn't you?

JasonStar said:

You're genuinely hurt, aren't you?

Prospect said:

is this emoticon insuinuating something about recycling?

CalhounSq said:

I think it's cruel for a grown man to have sleep overs with little kids, but that's me. If the average person did that, we'd call Five-0 on his ass.

There's a reason Michael called his ranch "Neverland". Any kid who goes there will NEVER be the same again.

uPtoWnNY said:

DAMN!! That's some cold shit! & probably true!

CalhounSq said:

If it was so true, the jury would have checked guilty at least once out of the multiple times. Justice was served. Michael may be "freaky" but not "guilty." Go pick on R. Kelly. Maybe you can get your conviction with him. But leave Michael alone.

CalhounSq said:

Honestly, it sounds pretty accurate.

I liked Michael but now in days he gets on my nerves. And no matter what any jury says he'll always be guilty in my mind and i'll continue to express it.

jayaredee said:

If you believe that kid Gavin and his lying Mom, then your judgement is about as off the wall's as Michael's for giving that kid and his family the time of day. He paid for that kids cancer treatment, and then got stabbed in the back. Wouldn't we all want friends like that?

JasonStar said:

What do your parents think of your delusion?

Nothinbutjoy said:

No kidding!!!

P.S. That was awesome Prospect, thanks!