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Ed's Wife-- Shopping Him Into the Poorhouse

6/17/2008 12:26 PM PDT BY TMZ STAFF

The one word that's turning Ed McMahon from baller to beggar: Plastic.

Our sources tell us Pamela McMahon, Ed's wife of 16 years, is literally spending him onto the street. We hear she's completely "oblivious" to the late night legend's cash troubles, and shops like their life depended on it. Her AmEx bill is legendary -- the couple reportedly owes them nearly $750K.

That's causing an issue for Ed's friends, who are conflicted about bailing him out. They don't want to see their 85-year-old friend foreclosed on and homeless, but they also don't want to encourage Pamela's passion for Prada.

And to add insult to injury, now Donald Trump wants to exploit Ed's sad situation for publicity. The blowhard famewhore has made a public "offer" to help the "Bloopers" star, but that's news to Ed. Trump's only reached out to the public -- not the McMahons -- as you think he might. A source close to Ed tells us the "people who are talking publicly aren't necessarily the ones who are helping." We hear there are others who "quietly" are trying to assist.

Ed's rep denies Pamela's spending is the reason for their troubles -- the rep says she's not "extravagant."
81 COMMENTS

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31.

Kristi    

TMZ: Is this credit card stuff rumor or FACT? If it is a fact, then I would like to know what this woman does for a job. She is young, capable...she should be working her ass off and selling anything expensive that they own. There is no shame in using Ebay, lady! I do believe she loves Ed but I also know that shopping and bad money management is hard to control unless you have the right people to give you the right advice. My advice to them: sell the house, get your nice little condo and get some financial advisors ASAP.

2321 days ago
32.

Edumacated    

This is what every man who marries a women 20 to 30 years his junior has to look forward to. It's fine when he is 45 or 50 and she is 25 or 30 (makes him feel like a big man in front of his friends). But when she is still a relatively young and vibrant 50 and you are a feeble 70, this is what you are left with. Ten years from now, when he is 70, this is what Donald Trump will have to look forward to wiht Melania. It's called Karma (and male stupidity)

2321 days ago
33.

LeeLee    

Sounds like she needs an allowance, not a carte blanche credit card.

2321 days ago
34.

dodo    

W H O C A R E S ? ? ? P O O R R I C H P E O P L E BOO HOO

2321 days ago
35.

godathedevil    

This is disguisting. This OLD MAN AND HIS TROPHY WIFE ACTUALLY SAT ACROSS FROM (OLD MAN) LARRY KING AND WHINNED BECAUSE BRITNEY LIVED CLOSE BY AND THEY COULDN'T SELL THEIR HOUSE BECAUSE OF THE TRAFFIC AND THE PAPS..............ED MAKES ME SICK AND I DON'T BLAME HIS WIFE, I'D TAKE HIM TOO, HE'S AN IDIOTWHO SAT ON A COUCH AND LAUGHED ON 'Q' FOR A BIZILLION $ AND NOW HE'S CRYING POOR. NO SYMPHATHY HERE, YOU ARE AN IDIOT ED.

2321 days ago
36.

rachel    

What disgusts me is that people wanted to send HIM money!
What about real people who have no where to live?

2321 days ago
37.

Mary    

Does EDD's wife has any skills? apart from the obvious? why dont she get a job like normal people? I do think if Donald Trump is going to help him out there should definately be strings attached, nothing for nothing! To think he is broke and his wife is oblivious to all what is going on i think homelessness would be a good lesson. Maybe humilitation will give her a wake up call.

2321 days ago
38.

pointfivewit    

seems like eddy has launched a 'poor me' campaign. he and the missus were on larry king bemoaning foreclosure poverty... now this platic business. i say we all send ed a coupon for an extra add shot at starbucks, or maybe a free ride should we see him hitch hiking.

2321 days ago
39.

OJ    

damn bitches! gotta lov them!!
OJ

2321 days ago
40.

SUSAN    

Her skin is stretched tighter than Saran wrap. Worst face-lift I've ever seen!

2321 days ago
41.

Didntknowthis    

What about their adopted daughter Victoria?????????????????? Nic panting....

2321 days ago
42.

Didntknowthis    

I meant nice parenting. I am sick as a dog. Forgive please.

2321 days ago
43.

Charito    

One does not know what truly happens in another's life for something like this to happen. Rejoicing for other's misery and wishing that this man looses his home is not right. We should always remember that we do not know what life holds for us in the future.

2321 days ago
44.

pappi6    

SHE SHOULD FIRE HER PLASTIC SURGEON. WITH A FACE THAT LOOKS LIKE THAT I KNOW THEIR NOT GOING HUNGRY BECAUSE PEOPLE MUST BE THROWING PORK CHOPS AT HER.

ED? YOU'VE DONE WELL WITH BEATING HER WITH AN UGLY STICK!!!!!!!!!!

2321 days ago
45.

Lucy Phoenix    

What can she possibly need that she doesn't already have ten of? Cut up her cards, take away her car keys and make her clean the mansion!

2321 days ago
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