Jay-Z Sues Investment Company For $3.7 Million

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The cryingasses here jumping to the defense of Jay Z give another reason to laugh at unschooled niggas who think rappers speak the truth. Since y'all think studying Economics 1 at college gives you 'knowledge' (exception the bitch GWIZ whose been smoking cheap crack in the projects, the kind Jay Z used to sling when he was runnin around for real drug dealers and struggling to get by, which then magically became 'drug dealer who shifted weight' when in fact Dame and Biggs put in money, real drug dealer came up with the other cheddah that got Jay Z making his frist record), take it from somebody who knows about business - fronting is part of the rapper resume. If you aint Bill Gates, Warren Buffet, and all those whites who have the real wealth and power. Jay Z's just the water carrier for the big timers in the whole Nets shit - that's why he's there, they need a Black man to do their dirty work when they throw out the Black people from the area they want to 'develop'. Fools don't understand - you aint owning anything til you've paid for it. A mortgage means shit until it's paid off. Jay Z rents most of 'his properties' and I'm sure you didn't see that there's a lien that's been put on one of them. He aint got the cash flow because he aint worthy a multi millionaire's real worth outside of paper statements. You don't own property til you own it - it's paid off. Jay Z has paid off shit. Any cashflow that Jay Z had went on fronting, the parties, the jewellery, hiring of yachts, hiring of planes, paying off niggas who know shit about his private sex life (forget about the Beyonce bullshit, when you aint living with your woman most of the time that's a clue), paying niggas for protection, buying off niggas he knew as 'security' etc. All the shit like Diddy who couldn't even pay for the gold crown his son wore at his birthday party but had to hire it. It's mostly illusion and when you aint got the liquidity then you're going to be selling your investments. The Global situation has a lot of the real wealthy fucked so these rappers are going to be fucked right in their pretend rich asses. The 40 40 clubs aint making much money. Jay Z aint 'smart' - he's another dumbass who thinks if he keep saying he's this and that he'll be it. Reality whups your ass if you play that game too long. He's renting most of his 'properties' and the mortgages on the ones he's trying to buy are bleeding him which is why he cries like a bitch in lawsuits - he doesn't want to pay back money for failed business ventures. Typical ignorant rapper attitude.

i sold my hotel for one gigillion dollars yo. i get zee money..

Damn - so Jay Z's gotta chase 3.7 million on the pretext of some ol business bullshit? Laughing out loud! This nigga's supposedly got enough chedda to not bother with small scale shit like this - or has he? If you know the real world of business you know that all the Forbes/Fortune/Wall Street mags like to put out that the wealthy are wealthy in fact while often they are on wealthy on paper. So the ageing rapper appears on Forbes cover with his 'wife' Beyonce but their wealth like that of most entertainers and most 'multi millonaires' who aint the powers they pretend is mostly on paper. You've gotta look at the income after taxes - and Uncle Sam takes half. Yeah you've got tax havens but they aint what they used to be and you've gotta look at expenditures, Jay Z's business ventures that are losing money (the 40 40 places which didn't pay their employees properly - often a sign not just of exploitative owners like Jay Z but of running on a loss) and the rest. Paper wealth like the white mags focus on is different from the reality of expenditures and loss. The Global Meltdown has wiped out the wealth of 'multi millionaires' like Jay Z and Beyonce in stocks for a start. Recall that Jay Z lived like husband and wife with Larry Johnson, NFL player, in Trump Towers. These niggas didn't own the place - they were doing a form of renting. If Jay Z really had that chedda the nigga would have bought the place outright. Most rappers and other musicians are renting their places in France or wherever their publicist says they 'ive'. It's just fronting - Jay Z's got money but most of it's on paper . And wait til he does something his white industry owners don't like (don't mean standing up for niggas because he aint gonna do that). You'll find the nigga will owe money left, right and centa and lose the shit he does own.

Suing for $3.7 million? What happened Jigga? What was the hotel going to be about anyway? Playing loud, profanity laced rap music during the morning buffet, or having a talentless hack like freeway perform at the live band area at the lobby? Having rocawear as the default choice of clothes placed in the room cupboards?And having 40 oz in the minibar ? No CNN, ABC, CBS etc. Just BET and MTV? And having hookers as hotel staff? No wonder highland Capital had reservations doing business with you. You're better of selling crack to kids and then bringing that money into legitimate business started by other people's hard work and turning black money into 'good' money. Go back to rapping fool. That is, if you can stop yourself from delivering another dud like your previous 3 albums. Stans can start to dub me what they call a 'hater'. I can understand you must be high on the crack he sold you as well.

Sounds like the ole Senator Clay Davis move (The Wire). Shiiiiiiiiiiiiiiiit!!!

I don't see Jay tryin to scam an investment firm for $$$, that just doesn't make any sense. Why would he waste his valuable time trying to get money this way? But this investment firm, they deal with $$$ all day every day, they know the tricks and the ins and outs. BUT they shouldnt have tried to slip one past Jay ... now his lawyers will earn their pay and get Jay that $$$$$$$$ !

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"fuck you, pay me"

hotels are only $52 mil??? damn the economy is bad. i sold mine for $120 a while back