Damon Dash broke

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Jul 25, 2007
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#27
thats what happens when he only wears new clothes once and then throws them away saying he's to good to wear the same thing twice. remember that shit on MTV Cribs? I never liked that nigga after I saw that. You should stay humble when you've made it not be a cocky ass nigga thinking you gonna be like that for life.
 
Jul 29, 2008
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#31
thats what happens when he only wears new clothes once and then throws them away saying he's to good to wear the same thing twice. remember that shit on MTV Cribs? I never liked that nigga after I saw that. You should stay humble when you've made it not be a cocky ass nigga thinking you gonna be like that for life.
I forgot bout that. yeah he did. Well, when you are a bum, those clothes are all you have. Lesson Learned.

Any motha fuka that thinks he got it made and gets all cocky bout it like that... I applaud the failure.
 
Apr 25, 2002
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#33
Dame tried to think that because he road the tailcoats of Jay and Rocafella, that made him some super intelligent business man. So he ventured out and tried to do other things, but when he couldn't ride coattails, it became apparent the dude doesn't have any sense of acutally running a business.
Dame isn't broke but aside of that, you're crazy if you actually believe all that stuff you just said. Dame was just as important to the success of Rocafella as Jay was. Dude is sharp and a real hustler. His success wasn't just handed to him and he damn sure put in his work to get there.

I don't know why people think it's so easy to make judgments like you when you've probably never meet those cats, don't know them, and really have no clue about what happened behind the scenes.
 
Feb 2, 2006
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#35
$78 g a month mortgage payment
no wonder why he on broke status
he lives in new york and everything is expensive there
 
Aug 24, 2003
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#37
I dont understand this shit, i thought the same thing when mike tyson went broke

dudes lose all their money to invisible percentages and interests and shit

leasing cars in stead of buying them, some high interest mortages, putting everything on credit

wtf, dont people just BUY shit anymore? are you simply not allowed to buy a $100,000 car or 2,000,000 condo outright? do you HAVE to put it on some loan or credit and pay 3 times as much for it or waht?
 

:ab:

blunt_hogg559
Jul 6, 2005
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#40
Right? A fuckin Tahoe at that. You can lease a brand new fully loaded caddy for less than that. If you have the money, why not just buy the shit outright? Financial idiot.
he didn't handle his money correctly. he over extended his credit, maybe expecting to get income as he did with the Roc.

but financially, you wouldn't want to put $40-$50k into a depreciating asset (something that loses value over time) like a car. you want it in a house, stocks, bank accounts, etc. anything that will gain value over years, not lose.