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Young Buck Files For Bankruptcy, and Plans To Sue 50 Cent

Posted by Blogger in Tuesday, August 31st 2010   
Topics: News    Tags: 50 Cent, Bruce Seckendorf, Chapter 13 Bankruptcy, Curtis Jackson, Curtis Jackson III, David Brown, David Darnell Brown, G Unit Inc, IRS, Law Suit, Michael Clervoix, Young Buck
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buck Young Buck Files For Bankruptcy, and Plans To Sue 50 Cent

David Darnell Brown, who performs under the stage name Young Buck, filed for protection under Chapter 13 of the bankruptcy code earlier this month. The filing came soon after IRS personnel carried out an early-morning raid on Brown’s lakeside home in Hendersonville, seizing much of his personal property.

The bankruptcy petition came to light Monday after Nashville’s U.S. District Court lifted the seal it had placed on court filings related to the August 3 seizure. The Chapter 13 process, designed to allow individuals to restructure their debts, automatically halts efforts by any creditor — even the IRS — to collect on debts owed by the person who files. Creditors can ask the bankruptcy court to lift the stay against them on certain grounds, allowing them to move against the debtor.

The tax authority claims Brown owes it about $305,000 for taxes due between 2006 and 2008, including penalties, interest and collection costs.

…click here to read more

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Kanye West Promises To Release A Track Every Week

Posted by Blogger in Sunday, August 22nd 2010   
Topics: Gossip    Tags: Kanye West, New Music, Twitter
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kanyefriday Kanye West Promises To Release A Track Every Week

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Wyclef Jean’s Run For Haiti’s Presidency Presumably OVER

Posted by Blogger in Friday, August 20th 2010   
Topics: News    Tags: Presidency, President, Wyclef
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wyclef jean Wyclef Jean’s Run For Haiti’s Presidency Presumably OVER

Haiti hip-hop star Wyclef Jean is not on the list of approved candidates who satisfy legal requirements to run in the country’s November 28 presidential election, an electoral official said on Thursday.

The presidential bid by the 40-year-old singer-songwriter and international celebrity had triggered widespread enthusiasm in his poor, earthquake-ravaged Caribbean homeland. But it had been challenged on the grounds he did not fully meet the requirements, including a key one on Haitian residency.

“He is not on the list as I speak,” the electoral official, a member of the country’s provisional electoral council who asked not to be identified, told Reuters.

He said the electoral disputes bureau entrusted with settling challenges to candidates had ruled that Jean did not meet several legal requirements, but he gave no more details.

The provisional electoral council was due to formally publish on Friday the full list of approved candidates to run in the election to choose a successor to President Rene Preval, who cannot seek re-election after two terms in office.

Jean, who left Haiti with his family to live in New York at the age of 9 and launched his music career in the United States, was among 34 contenders for the Haitian presidency who filed their documents with the council this month.

Contacted by Reuters, Jean declined to make any immediate comment, saying he had not been officially notified of any decision and would try to confirm the information.

Earlier, he met President Preval. A photo of them meeting, both smiling, was posted by Jean on his Twitter account.

On Tuesday, the provisional electoral council said it was postponing until Friday its announcement of the final list.

That sparked feverish expectation that has raised fears of political tensions and possible violence in the volatile Caribbean country.

Jean’s jump into politics galvanized the Haitian political scene, triggering enthusiasm among the country’s restless, widely unemployed youth, who see him as a refreshing symbol of home-grown hope, and alarm among the traditional Haitian political elite who seemed to feel threatened by him.

Slogans scrawled in Creole on city walls reading: “Youth supports Youth” and “Wyclef means change” testified to his support among the young, and youth and Creole musical groups had already declared their backing for his candidacy.

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Forbes List The 2010 Hip-Hop Cash Kings

Posted by Blogger in Tuesday, August 17th 2010   
Topics: Gossip    Tags: 50 Cent, Akon, Common, Diddy, Dr Dre, Drake, Gucci Mane, Jay-Z, Kanye West, Lil Jon, Lil Wayne, Ludacris, Pharrell, Snoop Dogg, T-Pain, Timbaland, Young Jeezy
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jay z Forbes List The 2010 Hip Hop Cash Kings

Jay-Z pulled in $63 million over the past 12 months, earning him his second straight hip-hop cash crown. His income level places him in the 35% tax bracket, which means he’ll pay Uncle Sam about $22 million this year–a sum greater than the total earnings of any other rap star besides second-ranked Diddy.

1. Jay-Z – $63 Million (Crazy thing is Beyonce makes even more with 87 million)
2. Diddy – $30 Million (Take that, thake that)
3. Akon – $21 Million (Lady Gaga money must be looking nicccceee)
4. Lil Wayne – $20 Million (Don’t let Carter 3 producers see this)
5. Dr. Dre – $17 Million (Beats By Dre money?)
6. Ludacris – $16 Million (Theater of the Mind and Battles of the Sexes did their thing)
7. Snoop Dogg – $15 Million
8. Timbaland – $14 Million
9. Pharrell – $13 Million
10. Kanye West – $12 Million
11. Drake – $9 Million
11. T.I. – $ 9 Million
12. Swizz Beatz – $9 Million
14. Eminem – $8 Million
14.50 Cent – $8 Million
14. Young Jeezy – $8 Million
17. Common – $7 Million
18. Soulja Boy – $7 Million
18. T-Pain – $7 Million
20. Lil Jon – $5 Million
20. Gucci Mane – $5 Million

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Laurence Fishburne Officially Disowns His Daughter

Posted by Blogger in Tuesday, August 17th 2010   
Topics: Gossip    Tags: Laurence Fishburne, Montana Fishburn
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montanalaurencefishburne1 Laurence Fishburne Officially Disowns His Daughter

Laurence Fishburne has had enough, and has reportedly told his porn star daughter to kick rocks.

According to TMZ, 18 year old Montana contacted her dad for the first time since news of her XXX career broke and he wasn’t having it.

Laurence reportedly told her her, “I’m not going to speak with you ’till you turn your life around, you embarrassed me.”

He shouldn’t wait for Montana to stop her h**ish ways anytime soon. She recently told ENews that she loves being filmed having sex.

Laurence fired one more shot before brushing his daughter off. “You used your last name. No one uses their real name in porn.”

That’s real talk right there from a hurt father, I hope they can eventually work this all out.

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Kanye West Preps “Power” Remix

Posted by Blogger in Sunday, August 15th 2010   
Topics: Gossip    Tags: Kanye West, Kobe, Mos Def, Power, Power Remix, Swiss Beats
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power Kanye West Preps Power Remix

Kobe helped me finish my #POWER ®emix verse … Just building on the concept of #POWE… and Mos helped me find the “old me” lyrically

Saturday afternoon looking at Pantone charts … Designing costumes for my album movie Dark Twisted Fantasy… Heading to Eastern Europe

Listening to “Fancy” … This is a big statement but Swizz Beats may be the best rap producer of all time… fuck that… he is

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  • Wyclef Jean’s Run For Haiti’s Presidency Presumably OVER
  • Forbes List The 2010 Hip-Hop Cash Kings
  • Laurence Fishburne Officially Disowns His Daughter
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