Posted by: Jennifer | December 20, 2005

facing the music like a regular celebrity

If a low-income family of four were to default on a bank loan, the bank would seize their assets. Period. No negotiation. When it comes to the regular people of the world, there is very little leeway given by banks and financial companies.

I hope that Michael Jackson is treated the same way. If he can’t afford to pay his loan back, then he should have his collateral seized. No negotiations, no extended deadlines. Giving him more time is not going to change the fact that he is spending more than he is making.

Of course, my desire to see this deadline enforced has nothing to do with the fact that I think that Paul McCartney should own the Beatles catalogue. Nothing at all. Just a coincidence.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: