5.01.2008

Jingle mail: celebrity edition

The latest person to mail the keys back to the bank on an underwater house? Jose Canseco:
Canseco, 43, one of the most flamboyant U.S. baseball players until his retirement from the major leagues in 2001, told the celebrity TV show 'Inside Edition' that it did not make financial sense to keep his 7,300-square-foot home in the Los Angeles suburb of Encino. 'Inside Edition' said it had foreclosure documents showing Canseco owed a bank more than $2.5 million on the house.

Canseco is a true American hero, and a role model. I hope his shining example encourages thousands of Americans in bad mortgages to mail their keys back to the bank.

HT: T-Dub.

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