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Current DateTime: 02:48:59 28 Nov 2009
LinksList Documentid: 31388230
Expiration DateTime: 11/28/2009 2:51:10 PM
    • Shopper & Investor Deals  25 Nov 2009

        A look at what's likely to happen at the registers once the doors open on Friday, with Richard Hastings, Global Hunters Securities; Richard Jaffe, Stifel Nicolaus & Co. and CNBC's Jane Wells.

    • Black Friday: Bargain or Bust?  25 Nov 2009

        Whether the deals are better than what shoppers will usually see or if it is just another marketing tactic, with Hitha Prabhakar, Style File Group; Brad Wilson, BlackFriday2009.com and CNBC's Jane Wells.

    • Holiday Central  25 Nov 2009

        A discussion of the many ways retailers are preparing for Black Friday, live from K-Mart in Burbank, CA, with CNBC's Jane Wells.

    • Retailers Getting Ready for Black Friday  25 Nov 2009

        Retailers are getting ready for Black Friday, and CNBC's Jane Wells has the play by play. Stacy Janiak, of Deloitte, shares her insight.

    • Amazon vs. Wal-Mart  24 Nov 2009

        What began as a price war between Wal-Mart and Amazon over a handful of books has nos spread to a wide assortment of consumer goods. Lee Eisenberg, a noted retail expert and consumer behaviorist, and CNBC's Jane Wells discuss.

    • Prices to Be Thankful For  24 Nov 2009

        A decrease in food prices is something to be thankful for this holiday, reports CNBC's Jane Wells.

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Current DateTime: 02:49:01 28 Nov 2009
LinksList Documentid: 31388237
Expiration DateTime: 11/28/2009 2:51:17 PM
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Funny Business

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Sep.03
1:27 PM ET
Wednesday, 3 Sep 2008
Donald Trump "Still Here To Help" Ed McMahon Stay In House

Donald Trump
Donald Trump

Donald Trump may end up being a knight in shining armor after all. With word that Ed McMahon's house is back on the market after a second buyer's offer fell through, Trump spokesman Michael Cohen says The Donald is still interested in helping out the TV veteran.

"We are currently working with the broker who is coordinating the efforts of the various lenders that have interest in the McMahon property," Cohen tells CNBC. They're hoping to come to terms soon. "The window of opportunity is very truncated. We're working within those time constraints."

It's not clear when McMahon may have to be out of his home, which was foreclosed on after he defaulted on a $4.8 million mortgage from Countrywide. McMahon says he couldn't keep up with payments after a neck injury made it impossible to work, and because his finances were drained by things like divorce payouts. Trump first offered to buy the house and lease it back to McMahon, but then a second, mystery buyer stepped forward with apparently a better offer, but one that required financing. That deal fell through.

As for suggestions that the reason Trump couldn't close a deal in the first place was because he wanted to be McMahon's landlord, Cohen says the two never discussed rent. However, he earlier told us last month that that McMahon's home, "had issues with it--including a tenant who might not be capable of paying to stay there."

Cohen says Trump and McMahon have not spoken since the house came back onto the market, but "anytime Mr. McMahon wants to speak with Mr. Trump, he has his number and is welcome to call. The goal is to purchase the property, and to let Mr. McMahon remain in his Beverly Hills home."

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