"Is He Dame Diddy, Dame Daddy Or Dame Dummy?"

Dame Dash To Rachel Roy: "Baby, whose turn was it to pay the light bill this month?"

"Damon Dash Faces Foreclosure

Posted Aug 20th 2008 6:01PM by Deidre Woollard

Another big spender joins the celebrity foreclosure follies. This time it's Roc-A-Fella Records company co-founder Damon Dash and his wife, fashion designer Rachel Roy. The high-profile pair could lose two of their Manhattan apartments. Eastern Savings Bank says the couple owe $7.3 million on the properties and were supposed to make hefty monthly payments of $78,500 but haven't done so since January. Dash has a $100,000 federal tax lien on the properties and reportedly owes the city of New York $2 million in back taxes. Damon Dash is allegedly has a $50 million fortune amassed from his hip-hop empire."

Source: Luxist.Com

Additional Reportage Here: NYPost.Com


CHRIS LIVE AKA SHAKER SAYS: My sister is in the foreclosure business, so I KNOW that being dead ass broke is NOT the only reason that a person may allow the payments on a property (or, in this case 2) to get away from them.  Be that as it may, this nigga Dame Dash played himself by betting on Dispet and getting involved in their attention-whore-war with Jay-Z.  Son's having a hard time gettin' money, but he'll be aight though ... it's not like he's going to have to live in a Pro-Keds© box or something. It is what it is.