Friday, November 14, 2008

The Fall of Damon Dash

Damon Dash, who was the co-founder of Roc-A-Fella Records and the Rocawear clothing line, and sold his interest in the clothing company to former partner Jay-Z for $20 million, has apparently fallen on hard times according to the New York Daily News. Dash, who once bragged that he was worth $50 million apparently didn't set aside money for a rainy day, as he's apparently being hounded by creditors and attorneys.

When Dash was at his zenith, he was very self assured, and appeared to handle the separation from his former business partner without missing a beat. He once created a multi-million dollar business entity, but tough economic times have hit many Americans.

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