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Aug 21 2008

Talk About Doing to Much

Published by ubringmejoi at 1:02 pm under Finances, Hollywood, Music Edit This

Now this is a classic example of doing too much…Damon Dash and his wife, fashion designer Rachel Roy, are in danger of losing their two Manhattan apartments to foreclosure. (Why do you need two apartments in the same city?)

“According to bank filings, Dash and Roy owe $7.3 million on the two properties and foreclosure proceedings have begun. Dash and Roy has failed to pay monthly mortgage payments of $78,500 on the two pricey properties since Jan 2008.” (So that’s 7 months, wow, I didn’t know that mortgage companies gave you that much time to pay?!)

Regardless, Roy’s been struggling to keep her company afloat in a our jacked up economy. And who knows what Dash does for a living after he sold his stock in Roc-A-Fella Records and Roc-A-Wear to former business partner Jay-Z.

This is a shame I mean is it that serious to keep up with the ‘Jone’s’ that you risk getting humiliated by the media for not paying? Inquiring minds want to know… :-(

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4 Responses to “Talk About Doing to Much”

  1. ubringmejoion 30 Aug 2008 at 12:33 pm edit this

    and he never will be… lol!

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