Is jackson broke, or just holding on to what funds he has left so he pay another young boys family off???
http//uk.news.yahoo.com/10032006/325/jackson-ordered-close-neverland.html
So at least jacko has paid his employees .
from court tv this morning
Sunday, March 19, 2006
Updated March 17, 2006, 343 p.m. ET
Spokesperson Jackson hasn't completely shut down Neverland
LOS OLIVOS, Calif. (AP) — Michael Jackson has closed the house on his Neverland Ranch and laid off some of the employees there but has not completely shuttered the sprawling estate, the pop star's spokesman said.
"It is public knowledge that Mr. Jackson currently resides in the Middle Eastern country of Bahrain," Jackson spokeswoman Raymone K. Bain said late Thursday in a statement. "He therefore decided to close his house and reduce his work force."
The action came a day after state labor officials announced that Jackson had agreed to pay his Neverland Ranch employees hundreds of thousands of dollars in back wages, avoiding a lawsuit by the California Department of Industrial Relations.
Employees who received their back pay Thursday were told they were being laid off because Jackson had shut down the ranch, syndicated TV news magazine "Entertainment Tonight" reported on its Web site Thursday.
But Bain indicated the ranch was still operating, at least on a limited basis.
"Reports indicating that Neverland has been closed or `shut down' for good are inaccurate," she said. A call to the ranch's manager, Joe Marcus, was not immediately returned.
Bain's statement, which did not indicate what plans Jackson has for the estate's future, concluded "There will be no further comments regarding this matter."
Authorities told Jackson's representatives last week they had received complaints from at least 30 workers who had not been paid since Dec. 19 and were owed $306,000 in back wages. Jackson also was told he would have to pay about $100,000 in penalties.