Word: jacksonism
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...This Peter Pan died just as he was showing signs of adult behavior. In 2005, Jackson saw Ron Burkle, the billionaire chairman of Yucaipa Cos., at the funeral of Johnnie Cochran, who had defended Jackson. Burkle, a person close to the matter told People, "told him in a very honest way that he kind of had to grow up, and as an adult, you have to start paying attention to where your money is going. Ron advised him to cut his spending or go back to work." Jackson sold Neverland to a partnership run by Colony Capital, a private-equity...
...realm will be open for inspection and vandalism by any number of interested parties and their lawyers. A will Jackson signed in 2002, made public after his death, leaves his estate to a family trust and nothing to Debbie Rowe, his second wife and the mother of Prince Michael Jackson, 12, and Paris Jackson, 11. A third child, Prince Michael II, 7, was born to an unidentified surrogate mother. The star's mother Katherine is named as a beneficiary to the trust and guardian of the three children. But they won't see their inheritance, if any, until the debt...
...with the estate's current net worth north of $200 million and likely to spew cash forever, the vultures will circle ever lower; expect the convergence of cash and carrion. The will is sure to be contested. However sad the child-molestation cases were, the battles over the Jackson fortune, and the allegations that are sure to surface, will be uglier still. (Read "Remembering Michael Jackson on Twitter...
...sorts of pepper is flying out of the postmortem-Michael rumor mill: that Jackson dermatologist Arnold Klein is the father of two of the children, that Rowe was only the surrogate mother of those kids. Even if any of this is true, says Scott Altman, a law professor at USC, "that's probably going to be irrelevant. In California, a child born during a marriage is strongly presumed to be the child of the husband and the wife. And if Rowe has been visiting pretty regularly - if they think of her as a mother and have an ongoing personal, intimate...
...Twenty years ago, Jackson was concluding one of the hottest decades enjoyed by any star in any medium. Twenty years before that, he was a magic child, the Prince of Pop. It would be a blessing if he could be remembered for the joy he engendered and the musical kingdom he created and - if we see that last rehearsal tape - the artist he was about to prove he still could...