The Hogan Divorce Saga Continues, Palumbo Update, Waltman, More

Source: The Wrestling Observer Newsletter (F4WOnline.com)

? Chuck Palumbo worked AAA's Christmas show in Tijuana, and was said to be in good shape and overall worked well in the match. Palumbo teamed with Damian 666 and Konnan (and managed by former porn star and current 'WrestlingINC.com Girl Of The Month' Trina Michaels) to defeat De-Generation Mex (Sean Waltman, Rocky Romero and Alex Koslov).

? Speaking of Trina Michaels, she is planning to move to Louisville in February, so that she can train at the OVW wrestling school. She is the current WrestlingINC.com Girl Of The Month, to see her hot picture gallery, click here.

? CMLL lost their US TV deal at the end of 2008, as their TV contract with Fox Sports Espanol expired.

? WWE DVD distributor Genius Products is in serious financial peril after being de-listed for the over the counter board after the company failed to release a third quarter fiscal report. Genius Products lost $11.7 million in the second quarter. This affects WWE as they had plans to start regularly releasing Blu-ray discs late last year, but with the financial problems Genius had, they weren't able to make the shift. While Blu-ray releases are still considered a niche market, WWE officials weren't happy with UFC beating them to the marketplace with them.

? The Hogan divorce saga continues, here is the latest development. Linda Bollea (Hogan) now claims she has less than $200,000 in her bank account, and is considering writing a book about her marriage since she needs money to maintain her lifestyle. At this point, her attorneys are attempting to get her a share of $400,000 in frozen assets. The Hulkster pays his wife $40,000 per month in alimony, but she's already spent $850,000 in legal fees on the divorce, reports the Wrestling Observer Newsletter.