Sometimes the lighter side of Wall Street leads right into hedge funds and private equity news, and sometimes it leads to crazy antics of celebrities or politicians. It appears that Fortress Investment Group LLC (NYSE: FIG) has entered into an agreement with none other than Michael Jackson to allow him to keep the giant Neverland in California.
You can see the AOL link here to the full AP story, and in addition we did some digging back in time for some background. Low and behold, this led to a triangle with Bank of America (NYSE: BAC) and Sony Corp. (NYSE: SNE). It's also not the first hurrah between Michael Jackson and Fortress.
As odd as it seems, you know the guys at Fortress think there's money to be made here.
Fortress saved Michael Jackson's Neverland
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