Jacko: Where Have All the Children Gone?

11/5/2007 2:49 PM PST

Jacko: Where Have All the Children Gone?

'Twas two months before Christmas and all through Michael Jackson's Neverland Ranch, not a creature was stirring -- anywhere! The King of Pop's now dilapidated playground -- 2,800 acres of bumper cars, carousels and Ferris wheels -- is a virtual ghost town, as Jacko has less than 90 days to make good on a $23 million loan -- or get in line at Six Flags.

The House That Thriller Built once employed dozens of servants and groundskeepers, but now sits empty while the reportedly near-bankrupt star rents an expensive home in Washington, D.C.

A formal Notice of Default and Election to Sell was filed in Santa Barbara County on October 22, according to FOX News' Roger Friedman.

In 2006, Neverland Ranch and its assets were said to be worth a whopping $17,042,560.

Perhaps he can rent it out as a location for "Kid Nation 2"!