Nicolas Cage

January 17, 2010 at 9:29am PST
Photos: Walt Disney Motion Pictures Studios

The saga of Nicolas Cage's disastrous financial situation may be one step closer to coming to an end.

Cage has said he will pay the IRS $14 million, hopefully resolving his tax woes for good. Ouch.

November 14, 2009 at 4:21am PST

It's nice to have friends in high tax brackets.

Johnny Depp has reportedly offered to help Nicolas Cage out with his current financial troubles because Cage helped to get Depp his first big role back when he was just a struggling musician.

November 7, 2009 at 5:47am PST

We don't want to say we told you so, but...

Even though Nicolas Cage is suing his former financial advisor over his "financial ruin," sources are claiming that the actor's own overspending habit is to blame for his current circumstances.

October 17, 2009 at 5:30am PST
Photos: Walt Disney Motion Pictures Studios

Sounds like Nicolas Cage may be indulging in a bit of court-supported scapegoating.

The actor has filed a lawsuit against his former business manager, Samuel J. Levin, for $20 million, claiming that his bad advice caused him "financial ruin."

According to the lawsuit: "Instead of protecting and preserving Cage's wealth during one of the greatest economic periods in the country's history, Levin placed Cage in numerous highly speculative and risky real estate investments, resulting in Cage suffering catastrophic losses."

December 16, 2008 at 3:11pm PST
Photos: splashnewsonline.com

Gwynnie Paltrow’s Apple, Jason Lee’s Pilot Inspektor, Ashlee Simpson’s Bronx Mowgli, Nick Cage’s Kal-El, David Duchovny’s Kyd (that is so wrong), and Jermaine Jackson’s Jermajesty…

Celebrities love to eff their kids up from the start by bestowing them with legendarily bizarre names.

But not Naomi Watts and Liev Schreiber.

They have named their newborn son Samuel Kai Schreiber.

Adorable!

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