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Even the rich and famous can't seem to escape the recession, especially when their fame and fortune peaked long ago.
Michael Jackson, Ed McMahon, Victoria Gotti and Willie Aames are some of the stars reportedly struggling with financial problems.
Hit by tough times and lack of opportunities, stars including Stephen Baldwin, Michael Jackson, Ed McMahon and Annie Leibovitz have been hit by tough times. Some have had to put their multimillion dollar homes on the market, declare bankruptcy or seek foreclosure. Below, ABCNews.com takes a look at nine stars that have found themselves strapped for cash.
Stephen Baldwin
Stephen Baldwin, the star of films like "Bio-Dome" and "The Usual Suspects," may watch his Rockland County, N.Y., home go up for auction on June 24. The born-again Christian and brother of Alec Baldwin paid $515,000 for the home and 1.4-acre lot in 1997, according to the AP. The star has recently been appearing on...
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