Damon Dash broke

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blunt_hogg559
Jul 6, 2005
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#42
especially not $100k in a car, bought outright. maybe a house, maybe.

what you all don't under stand is that when you have a lot of money like that, you get taxed like a mother fucker. so you, with the help of a good accountant, should look for ways to decrease your tax liabilities. that is why you mortgage a house, instead of buying one. things like that. and an accountant is different that a financial advisor, who should help you decide What to invest in.
 
Apr 25, 2002
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#43
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.
I understand Dame strong armed Def Jam to let them have the deals they did for their records. Without Jay dropping them hits, what product is Dame pushing? Its kind of like coke sell itself. Are cocaine dealers great business men who mastered economics and supply and demand? Or do they just have a product everyone wants (needs) so they get breaded out.

I dont know the ins and outs, and you probably dont know either. There are plently of GREAT LEGIT business men who went out, got breaded out from a single venture, parlayed that money into another venture, and became even more successful. Thats what I call a hustler, and someone about their business. Dame doesnt fit that category.

Tell me something different.
 
Dec 13, 2003
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#44
he had a broke man's mentality. when you're a millionaire...you arent supposed to have monthly bills that exceed what you make

800 a month on a leased vehicle. 80k a month on a condo...mutha fucka you're not supposed to be paying rent. if i was supposedly worth 50mill...a 3.5 mill condo would be bought outright...for less than 3.5 mill

and the purpose of a lawyer when you're rich is to keep your money intact...not always to keep you out of prison...thats why you pay taxes. this cat thinks the man is out to scarface his ass.. they want your money...not you...and they got it...lol