Ed McMahon and his wife Pamela sat down with Larry King on Thursday night to talk about his mortgage woes.
McMahon revealed to King, "If you spend more money than you make, you know what happens. A couple of divorces thrown in, a few things like that."
Awwww. Chin up, gramps!
McMahon also confirmed that his house had been on the market for two years with no offers, but since news of the foreclosure broke Tuesday, "now there's tons of interest."
Yay! You turn the lemons into lemonade, take the catheter out and get to work!
When King asked why a multimillionaire could not make his house payments, McMahon's wife said, "Over the years, it's a combination of maybe Ed working so hard and not looking at proper management. We didn't keep our eye on the ball. We made mistakes."
What's happened to the McMahon's is a good lesson for us all!
[Image via WENN.]