Donald Trump has offered to buy the LA mansion of Ed McMahon -- saving it from foreclosure -- and then lease it back to McMahon, who defaulted on his loans.

The developer told the Los Angeles Times he doesn't know McMahon personally, but acted out of compassion because helping out "would be an honor."

"When I was at the Wharton School of Business I'd watch him every night," Trump told the Times. "How could this happen?"

Dude, Trump, do you ever even hear yourself? Must you plug Wharton every chance you get? We get it, dude, you went to a good business school. But that was like 100 years ago, and you sound like a complete tool whenever you go out of your way to mention it. It's like, ya know, I was on the honor roll in middle school, but I don't bring it up much these days, because nobody cares and I'd sound like an asshole.

The deal is expected to be completed sometime soon.

And also, just so we're all clear here, what Donald Trump is actually doing is purchasing valuable Los Angeles real estate at foreclosure prices at a time when the market's down anyway -- and the property comes complete with both a renter and tons of free publicity!

DONALD TRUMP IS DOING NO ONE A FAVOR HERE EXCEPT FOR DONALD TRUMP.

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