Times are hard for celebrities: Rocafella Records co-founder and former Jay-Z sidekick Damon Dash (pictured, with Maybach) can't pay his mortgage! His bank has started foreclosure proceedings on his two apartments after the mini-mogul failed to pay his combined $78,500-per-month mortgage. Times are also hard for celebrity coverage: as you can see, it's been reduced to finding ways to tie in the mortgage crisis with celebrity lifestyles. The media's already expanded the definition of "celebrity" to include politicians and athletes, so playing off real estate trends is a logical next step. There's a massive news hole to fill. First Ed McMahon was foreclosed on, now this! When will it stop? We can't wait to find out! [Newsday. Pic via NYM]
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Hip Hop Mogul Faces Foreclosure [Damon Dash]
Posted: August 20th, 2008, 1:38pm CDT by Hamilton Nolan
Tags: damon Dash
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New Hires: Hip hop mogul Damon Dash is writing a weekly ...
Posted: September 11th, 2007, 9:10am CDT
Tags: damon Dash
Hip hop mogul Damon Dash is writing a weekly business column for subway handout Metro. Expect horoscopes from L.A. Reid in A.M. New York any day now. [WWD]
