Wow. This is cr-azy! This is Phil Spector's 2nd trial defending himself like a big dog against being convicted of murdering D-list actress Lana Clarkson. However, word is that he's running out of dough...spending his last on attorneys and what not. Regardless, this case is a clear-cut example of how money can buy freedom (at least for a white guy in the music industry). Let it be some random brotha (black or brown)! Everybody knows he'd be acclimated to his new environment by now. She was shot in his home, with his gun, and his chauffer said on record that Spector came running out of the house with a gun in his hand yelling,"I shot her!" And, since the incident, other women have come forth to say he's drawn down on them too. They have testified that the man is nuts! WTF? Money can keep you out of jail (for a while anywayz) but the truth is, it can only buy your physical freedom. It can't keep you sane, or keep you warm at night. But, again he's exempt: Mr. Spector has already lost his mind and we're sure he'll have no problems with being kept warm at night in the pokey. Not with that little frame and that wild mane! Lol! Again, per this L.A. Times article, he's going broke trying to save his ass. Ha! Either way he's going to lose it. Dayum, see how life works? Jus' sayin!
There are indications, however, that he is struggling financially. Records suggest he has liquidated assets as he pays for his defense. Last year, a few months after hiring Weinberg to handle his retrial, Spector borrowed $1.3 million against his Alhambra mansion -- nearly the entire assessed value of the hilltop estate -- according to public records. As his first trial got underway in 2007, he borrowed nearly $800,000 against the residence and a smaller house he owns nearby, records show. And in the run-up to that proceeding, Spector allegedly discussed shopping the publishing rights to some of his music, according to claims contained in a federal suit filed by a former publisher who wanted to be first in line for such a sale.
We say, Sell, sell, sell!!!
Article in the trunk: http://www.latimes.com/news/local/la-me-spector-money8-2009apr08,0,3817340.story
Pic lifted from L.A. Times/ Al Seib / Los Angeles Times
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