Gothamist: Damon Dash Pretty Much F*cked (Financially)

dooWOP

Fri, 14 Nov 2008 23:41:20 -0500

All the haters from Gothamist out in full force - surprise, surprise. But seriously, black dudes and good finances just don't mix, at least for the long term...

NannyState

Fri, 14 Nov 2008 22:11:17 -0500

"I said sell short, not sell snort!"

i_heart_nyc

Fri, 14 Nov 2008 20:05:59 -0500

He should have used Wu Tang Financial because you and your fam can't be relying on wankstas like Smith Barney." You need to diversify yo' bonds, nigga!

Jerky

Fri, 14 Nov 2008 18:26:40 -0500

You mean taking out a $7.5 million dollar mortgage isn't a smart thing to do when you're only worth $20 million? Gee, I never saw that one coming.....

aveB4life

Fri, 14 Nov 2008 15:59:44 -0500

smh @ johnie.

deleteyourself

Fri, 14 Nov 2008 15:37:45 -0500

That last bit from the Jay-Z song is about Memphis Bleek dude. Can't you read? Dame Dash is an idiot that has ridden the coat tails of jay-z for years.

Johnie

Fri, 14 Nov 2008 14:55:55 -0500

I thought Jay-Z had his back...granted after fckin' him over. http://nymag.com/news/profiles/17268/index4.html And from "Diamonds From Sierra Leone": You know the next question dog 'yo, where Dame at?'(uh) This track the Indian dance to bring our reign back (whoo!) 'wassup wit you a Jay man, are ya'll okay man?' [Jay-Z] Yep! I got it from her 'ye damn! The chain remians, the gang is in tact The name is mine, I'll take blame for that The pressure's on, but guess who ain't gon' crack? [laughs] Pardon me I had to laugh at that How could you falter when you're the rock of gibralter I had to get of the boat so I could walk on water This ain't no tour order, this is nothin to me Difficult takes a day, impossible takes a week I do this in my sleep, I sold Kilos of coke, (so?) I'm guessin' I can sell CD's I'm not a buisness man I'm a buisness, man Let me handle my buisness, damn! Kanyeez you got me, Freeway and Foxy YG', Teairra Mari, Petey watch me Bleek could be one hit away his whole career As long as I'm alive, he's a millionaire And even if I die, he's in my will somewhere So he can just kick back and chill somewhere, oh yeah He don't even have to write rhymes The Dynasty like my money last three lifetimes

EastRiver

Fri, 14 Nov 2008 14:28:33 -0500

So rap stars don't know how to manage their money? Maybe they got bitch slapped by the drop in the Euro?

JenChungsBra

Fri, 14 Nov 2008 13:35:50 -0500

So what? Who among us hasn't pissed through $20 million before?

killerasp

Fri, 14 Nov 2008 12:51:52 -0500

roca-pads sales are poor? http://www.metacafe.com/watch/181834/roca_pads/

emilydickinson

Fri, 14 Nov 2008 12:47:18 -0500

That's so odd, because I usually equate hip-hop with financial responsibility.

FinalShaft

Fri, 14 Nov 2008 12:27:14 -0500

The full expression is more appropriate... "He doesn't have a pot to piss in or a window to throw it out of."

Billiamsburg

Fri, 14 Nov 2008 12:26:50 -0500

wait wait wait. So rap stars don't know how to manage their money? So throwing cash out of hummer limos and dumping out over priced champagne is a bad financial move?

babyhitler

Fri, 14 Nov 2008 12:25:07 -0500

What? you mean all those videos about rappers and bling are fake and was all on borrowed studio money that they eventually had to pay back with interest? get out! No wonder Jay-Z's successor committed suicied. the real gangsta's have always been old white dudes.

thelexiphane

Fri, 14 Nov 2008 12:17:50 -0500

Jay Z says, "He's got 99 problems and being rich ain't one."

whitecastlerock

Fri, 14 Nov 2008 12:16:59 -0500

Great news!

r1b2

Fri, 14 Nov 2008 11:51:42 -0500

A fool and his money are often parted.

fugothamist

Fri, 14 Nov 2008 11:51:24 -0500

good

Steven

Fri, 14 Nov 2008 11:45:39 -0500

He probably though the money will always be coming in left and right so why should I try to save money or make "smart decisions".