Book claims Reagan 'rescued' by Hollywood studios

07/02/2007 @ 12:25 pm

Filed by RAW STORY

A new book claims Hollywood movie studios paid off former President Ronald Reagan before his run for California governor with a sweetheart land deal that netted the former Screen Actors' Guild president nearly $2 million, the New York Post reports.

According to the Page Six item, the book, "Hollywood Confidential," documents how Reagan spent $85,000 in 1951 for hundreds of acres of less-than-prime land in Malibu.