Saturday, June 21, 2008

Citibank sues Ed McMahon for $200,000!

Ouch. That's gotta hurt........
Citibank is suing Ed McMahon, seeking to recoup nearly $200,000 lent to the financially strapped Hollywood icon, court records show. Citibank filed the lawsuit against McMahon in Los Angeles Superior Court on June 9, according to the documents. The bank's suit seeks at least $179,687 in damages as well as attorney's fees on debt incurred within the past four years.
The former "Tonight Show" sidekick and "Star Search" host has faced mounting money problems since it was revealed earlier this month that he was $644,000 behind on payments on his Beverly Hills home. The lender, Countrywide Financial Corp., filed a default notice on the home in late February.

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