Actor Nicholas Cage Says He Is Broke

Bloomberg: Manager Samuel Levin’s alleged failure to pay the actor’s taxes, combined with poor investment decisions, sent Cage “down a path toward financial ruin,” according to a complaint filed in a California state court in Los Angeles yesterday. Claiming professional negligence and breach of contract, the actor is seeking $20 million in damages.
November 3, 2009 at 12:52 pm - CNN
Dateline: Los Angeles, CA
jack   November 3rd, 2009 - 1:46 pm

Poor Nicholas Cage…had to sell his $2.5 million Bavarian castle to pay off his back taxes. Now he’ll just have to make do with his $12 million mansion in Malibu, his ski-in, ski-out chalet in Aspen, and his $2 million castle in Ireland.

the tree   November 3rd, 2009 - 2:00 pm

a part of another movie flick, loosing currency to governemnt taxation. nothing is worse than loosing cargo

Rudy   November 3rd, 2009 - 2:09 pm

Gee, that’s too bad. Maybe some of his liberal freak friends can scrape up a couple of dimes for the idiot.

Nancy L.   November 3rd, 2009 - 2:10 pm

Really? Well, cry me a river buddy.

Juan Galt   November 3rd, 2009 - 2:31 pm

Call Pelosi, Reid, Frank and the rest of them, Nicholas Cage needs a bailout!!

maggiccat   November 3rd, 2009 - 10:54 pm

I think someone needs to inform him about what ‘broke’ really means!

csldp03   November 4th, 2009 - 3:10 pm

He should have referenced Geitner and Rangle in his defense.

Alex   November 4th, 2009 - 4:55 pm

Wow, that is sad. The rule should be ‘watch your money’ and if you invest ’set aside a good amount to live off of’, but it seems to go bad in so many ways.

ALL RIGHT   November 9th, 2009 - 4:01 pm

Gee…maybe you should stop collecting multi-million dollar mansions everywhere you go. Perhaps THAT is where all your money went. Ya think? Typical Hollywood Bozo!

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