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Is the Mortgage Crisis Hitting Billion-Heirs?

Wed, Jan 14, 2009

Celebrity Gossip

Remember that rant by that guy who kept calling Lindsay Lohan a firecrotch? Well, let me refresh your memory if you don’t.

That babbling-brown-haired man happens to be an oil heir of Marvin Davis worth billions and not to mention, Paris Hilton’s best friend. But that’s beyond the point. What’s more important is that Brando’s mommy owes over $200,000 on her Bel Air home. Even worse, the company that gave her the loan for the home is threatening to foreclose on her if she doesn’t pay back what is owed by February 26. This is not a good sign. If billionaires can’t afford their homes then who can? Supposably the house is up for sale for around $20,000,000. Good luck selling that one in this economy! Sounds like another house of cards…

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