Ed McMahon Begs for Money on Today Show

Ed McMahon went on the Today Show to once again tell his tale of how he is at risk to lose his multimillion dollar home. There have been some who have come out saying they are willing to help Ed.

There are rumors that Ed’s wife, Pam McMahon, has been spending the couple into the poor house by racking up over $700,000 in credit card (AmEx) bills alone. Pam made a statement saying she has been reduced to shopping in the bargain bins at Target. Uh huh, riiiiight.

Despite Ed’s claim that his money was mismanaged he hasn’t addressed rumors of his wife spending it all, or the fact he got $7.2 million for his current home that is in foreclosure, after suing over a mold problem with the house. Ed is selling the home for $6.25 million. It appears Ed already got more than he paid for the house, so what’s the real problem?