07 Aug Michael Jackson Update: AEG Out “30 Million”
Katherine Jackson won and Michael Jackson will be buried soon at Forest Lawn. The brothers were hoping to bury him at Neverland and make money off of him by making Neverland an attraction. Gotta love family, right?
Also, AEG’s iron clad insurance policy they took out on Michael before his death isn’t so iron clad after all according to TMZ.
They state that The Lloyd’s of London policy — taken out by AEG in case Jackson didn’t perform his London concerts — did not cover death related to illegal drug use.
AEG claims they are $30 million in the hole n the policy was for $17 million. What happened to that $60 million made of rehearsal footage?
Randy Phillips, where you at?-Dr.FB