Why do I think Suge has some offshore accounts? I aint buying it

http://www.thesmokinggun....suge1.html



Suge Knight Down To His Last $11?
Rap music mogul claims no monthly income, $137 million in debts

MAY 5--Dogged by $12 million in tax liens and other legal judgments, rap music titan Marion "Suge" Knight is down to $11 in his checking accounts and the bling on his back, according to a bankruptcy court filing. The Death Row Records founder, who filed for Chapter 11 protection last month, claims that his $4.4 million in assets is dwarfed by $137.4 million in debt. He filed for bankruptcy shortly after being hit with a $100 million judgment in a lawsuit brought by a woman who claims she was instrumental in the founding of Death Row. According to schedules filed in U.S. District Court in Los Angeles (excerpts of which you'll find below), the 41-year-old Knight has no monthly income and meager asssets, including $25,000 in jewelry and clothing worth $1000. He also lists monthly expenses of about $30,000, the majority of which ($24,700) is earmarked for "alimony, maintenance, and support paid to others." While Knight's plight seems dire, his court filing lists as "unknown" the value of his interest in ten companies, including Death Row, Getto Records, and Blood Money Entertainment. We're not sure how Suge plans to emerge from bankruptcy, but perhaps the Bloods-affiliated producer could once again hang Vanilla Ice by his feet off a hotel balcony--only this time, he'll have to see if any change falls from the wack rapper's pockets.

Good! He deserves it. RIP Tupac .

Down to $11, 11 years after signing Tupac. Thats good for Suge.

Trickology said:

His whole wardrobe is only worth $1000?

2 of my suits cost that much and i've got at about 6.
That doesn't even count shoes and accessories.

Unless he has a closet full...



...of these kind of suits.


tA

Tribal Disorder

http://www.soundclick.com...dID=182431

dude cant even buy a carton of cgis

theAudience said:

what goes around ALWAYS comes around.

Lord knows I wouldn't kick a brotha when he's down but in this case I really MUST make an exception!

I mean, I really like the albums he helped break across the world, but he is just not a nice man!

CinisterCee said:

Well, he was smart in setting up Death Row and getting Dr. Dre's, Snoop Dogg's and Tupac's master tapes for himself, yet he squandered all of those valuable assets by running his operation like the Bloods street gang and getting a horrible reputation; not to mention having gone to jail twice during his tenure at Death Row and opening himself up for those wrongful death and other suits. He had some good business and musical sense, but he was too immersed in the gangbanger lifestyle, and all of that history caught up to him.

Can't he fall back on his Vanilla Ice publishing?

lilgish said:

I love this! This is a man that made people working for drink his pee to keep their jobs.

Karma!

Dude you deserve everything coming to you times 4

this is too funny.