Pop legend Michael Jackson was paying $30 million (£20 million) in interest on his huge debts at the time of his death, leaving him flat broke. Forensic accountant William Ackerman took the stand at a Los Angeles courtroom on Monday (13Aug13) as a defence witness in the battle between the Jackson family and concert promoters AEG Live over the singer's 2009 death.
Ackerman was handed the job of sifting through the King of Pop's finances, and he revealed the star was "tapped out" at the time of his passing due to the huge interest payments on a number of loans estimated to total $500 million (£333 million).
He told the court that "consistently, his (Jackson's) largest expenditure was interest expense. He spent a ton of money on interest."
Other expenditures which were draining Jackson's finances included payments on his Neverland ranch, which boasted its own zoo, train line and full staff, and donations to charity, as well as purchases of jewellery, art and furniture.
Ackerman claimed Jackson's history of debt started in 1993 with a $30 million (£20 million) loan, which grew to $140 million (£93 million) by 1998. The total stood at between $400 and $500 million (£266 million - £333 million) when he died in June, 2009.
In the lawsuit, the family claims AEG bosses should be held accountable for hiring the King of Pop's doctor, Conrad Murray, who has been convicted of inadvertently killing the star by giving him an overdose of a surgical anaesthetic.
Jennifer Aniston celebrated her fiance Justin Theroux's 42nd birthday on Saturday (10Aug13) by throwing a star-studded party at their Los Angeles home, with guests including Ben Stiller, Tobey Maguire and Jason Bateman. Fellow actors Don Cheadle, Isla Fisher, Will Arnett, Malin Ackerman, Kristen Bell and her fiance Dax Shepard were also in attendance, as were comedians Jimmy Kimmel and Ellen DeGeneres, although Aniston's best pal, former Friends co-star Courteney Cox, was absent from the festivities after reportedly breaking her wrist on vacation in Mexico.
Guests were treated to a buffet-style meal as they mingled at the couple's newly-renovated Bel Air mansion and they toasted the birthday boy with glasses of champagne.
The celebration took place on the one-year anniversary of Aniston and Theroux's engagement.
The movie beauty recently insisted they were in no rush to head down the aisle, insisting they "already feel married".
Last year (11) the A Better Life Oscar nominee signed on to portray Hollywood producer Buddy Ackerman in a 2012 Mexico City production of Swimming With Sharks, directed by his sibling Bruno.
But Bichir admits the 12-week commitment caused him to miss out on several other opportunities, revealing he lost the chance to play iconic villain Khan in the science fiction film franchise's latest movie.
He tells New York Magazine, "I had a great meeting with J.J. (Abrams), but we couldn't do it at this time, because of the play, and I was getting ready for opening night, so I could not leave the project... But I hope we work together someday, because I absolutely want to work with J.J."
The Big Love star has created the Ginnifer shoe, a pair of five-inch (12.7-centimetre) pumps in bright orange leather, to be sold on the Milk and Honey shopping website.
A portion of profits from every pair sold will benefit the celebrity designer's choice - and Goodwin is handing her proceeds over to St. Jude's Children's Hospital.
She says, "Growing up in Memphis, I have always admired St. Jude's for the magnificent work they do. Knowing that I would be contributing even in this small way made designing this shoe really special. My stylist, Penny Lovell, and I came up with the idea to do a classic beautiful shoe in a fun stand-out color and I love this shade of orange."
Other fashion-forward stars joining the Generous Soles programme include Kate Mara, AnnaSophia Robb, Malin Ackerman and Mindy Kaling.
In the cinematic desert that is the January-February movie-release schedule one gains a greater appreciation for mere competence. And that’s precisely what you’ll get with Man on a Ledge a mid-budget thriller with modest aspirations and genuine popcorn appeal. Sam Worthington (Avatar Clash of the Titans) stars as Nick Cassidy a former New York City cop wrongly convicted for the theft of a prized diamond. After exhausting all judicial avenues for exoneration he takes the unusual and seemingly desperate next step of planting himself on a ledge outside the penthouse of midtown’s Roosevelt Hotel and threatening to jump. An NYPD psychologist (Elizabeth Banks) is summoned to talk him down unaware that Nick harbors an ulterior motive. From his perch above midtown he is secretly orchestrating a scheme to take revenge against the corrupt corporate chieftain (Ed Harris) who engineered his demise and prove his innocence once and for all.
Director Asger Leth making his U.S. feature-film debut with Man on a Ledge keeps the pace brisk and never allows the tone to stray into self-seriousness which is crucial for a movie whose premise is so devoutly ridiculous. The script from Pablo F. Fenjves provides enough feints and twists to keep us engaged. Jamie Bell and Genesis Rodriguez aren’t the most believable of couples but there’s a screwball charm to their comic routine as amateur thieves charged with aiding Nick’s scheme. (Leth can’t resist inserting an entirely superfluous – but nonetheless greatly appreciated – scene of the criminally gorgeous Rodriguez stripping down to a thong in the middle of a heist.) Worthington makes for a likable populist protagonist even if his Australian accent betrays him on copious occasions and Harris’ disturbingly emaciated frame lends an added menace to his devious plutocrat villain.
The former Taxi star, 58, earned a degree in history education from Iowa's University of Dubuque before launching his acting career.
He recently signed with America's A&E network to spend a year teaching 10th grade English at a Yonkers, New York school - where he shot the pilot for his new show Teach.
However, the city’s school board vetoed future episodes, forcing production to move to Philadelphia's Northeast High School, reports People.com.
Philadelphia's School Reform Commission voted 3-1 on Wednesday (19Aug09) to approve the filming of 13 episodes of the show in the new location - and Danza has brushed off the production stumble.
He says, “(I am) humbled, honoured and so grateful that the City of Philadelphia has decided to let us try this. I have always wanted to teach, so this is a gift for me. I will work hard to make sure I don’t let anyone down, especially the kids.”.
Philadelphia schools Superintendent Arlene Ackerman adds, “This important project will help illuminate the joy, rewards and challenges of one of the most gratifying professions available, a first-year teacher in the city of Philadelphia.
The series is scheduled to air this autumn (09).