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Linda McMahon to pay back creditors from 1976



In a fresh round of criticism against Linda McMahon, the Democrats of Connecticut blasted the former WWE CEO for not paying the creditors in their 1976 bankruptcy and now Linda McMahon has vowed to track every single creditor and pay them back. The McMahon family had around $1 million in debts back in 1976 and court documents -published by the Greenwich Time newspaper shows all the creditors and how much they are owed by the McMahons. In total, there are 29 creditors, some of who have passed away. “Over the past two days, Vince and I have begun attempts to locate and reach out to all individuals on the creditor list. It is our intention to reimburse all private individual creditors that can be located. We feel it is the right thing to do to pay them in full, including an adjustment for inflation at four times the initial amount as shown on the list of creditors,” Linda said in a statement. You can read the document at http://www.greenwichtime.com/local/article/McMahon-I-ll-make-good-on-my-deb ts-3882247.php

(thanks to Colin Vassallo)

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6 Responses

  1. loo s says:

    Hey McMahon’s u guys owe me $6.50. That’s how much I paid to go see No Holds Barred in 1989. Plus interest……

  2. bah says:

    It’s a bit too late though, isn’t it?

  3. Paul says:

    Is it just me or does the name “McMahon” translate into English as “Penny-pinching scum”?

  4. The Kayfabe Ninja says:

    “McMahon” means capitalism hehehehe!

  5. penny says:

    DONT YOU THINK THAT THEY SHOULD AT LEAST MAKE ONE PPV FREE ALL THE MONEY THAT WE PAY FOR EVENTS ARE CRAZY

  6. Fisha695 says:

    I’m all for paying back creditors (and not paying them back as well), but when you’re called out for not paying them back (after 36 years) and then the next day all of the sudden you’re getting stuff together to pay them back it just makes you look like you’re only paying them back because you got called out on it which IMHO is worse then not paying them back in the first place.

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