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

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  4. Controversy12

    I am soo glad that Mrs. Katherine is handling things and Michael Jackson will be laid to rest at Forest Lawn — as far as AEG they have made millions not only from MJ but soo many other artist

    P.S . Thanks Doc for your continuing coverage on MJ & for keeping things respectable

  5. lori

    well i don’t want aeg to get a dime, but i’m wondering how they can have already ruled they don’t get the money because of a reason that hasn’t been proved yet. i mean the cause of death findings aren’t even back. that could all be conjecture or even lies til it’s shown in some verifiable way.

  6. Mone

    GOOOD! I hope they are out more $$ in the future–Im so tired of these leeching parasite low lifes.

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