Courtney Love has been making nice with Edward Norton after admitting she was wrong to accuse him of losing $300,000 US of her money on an investment, according to Rush and Molloy.

Love says Norton has also been “a force of good” in reestablishing communication with her daughter, Frances Bean Cobain, who has a restraining order against her mother.

“I feel very bad,” Love says about criticizing Norton.

“I have the greatest respect for Edward. He could be the president of the United States. I could be his drug czar.”

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