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Exclamation Jay-Z and Barclays being sued for $5 Billion. - 02-25-2008, 10:46 PM

Jay Z Named In $5 Billion Reparations Lawsuit

MONDAY FEBRUARY 25, 2008

Hip Hop mogul Jay Z may not be having as great a year as many would assume.

The Grammy winner, along with real estate developer Bruce Ratner and Barclays Bank, has just been slammed with a whopping $5 billion dollar lawsuit from Clive Campbell, NOT DJ Kool Herc.

According to the New York Observer, Jay Z, Ratner, and Barclays Bank are all part of the $4 billion Atlantic Yards Project in Brooklyn, New York.

Bruce Ratner has his sights on building a basketball arena for Jay Z's Nets and more than 6,000 apartments in downtown Brooklyn.

Barclays Bank owns the naming rights to the arena, and has been accused of having links with the slave trade—an accusation the bank denies.

According to the suit, Campbell is seeking $5 billion for slavery reparations claiming Ratner and Jay-Z worked “in concert” with Barclays, and “profited from the African Slave Trade and continue to profit from these gains, through a conspiracy dating back hundreds of years and continue to date to oppress Black people, enslave them, unlawfully deport them to all corners of the Earth.”

No statement from Jay's camp has been released.

SOURCE: [News] Jay Z Named In $5 Billion Reparations Lawsuit





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Last edited by AK47 : 03-17-2008 at 03:58 PM.
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BboyRTHYM
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02-25-2008, 10:49 PM

woah woah woah that's strange news and doesn't seem quite right. that's pretty weird lol



Last edited by BboyRTHYM : 02-26-2008 at 11:52 AM.
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snoopy8
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02-25-2008, 10:51 PM

yea weird lol






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02-25-2008, 11:07 PM

I knew Jay Z was an Uncle Tom. No black man can be that rich....without the government having a hand in that shit...




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BboiMakOu
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02-25-2008, 11:38 PM

wth looks like the guys being greedy 5 BILLION not million BILLION

jay-z trippin that shit lost some of my respect i had for the guy.




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Bboy samurai
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02-26-2008, 02:28 AM

Quote:
Originally Posted by Hairtrax View Post
Wtf? Jay z is trading slaves?

I'm so confused...
LOL No, man. Jay-Z was affiliated with Barclays, and that company has been accused of being involved in the slave trade. Thus, as being an associate, he's been hit with the lawsuit ALSO. Gotdamn...well, if I he didn't know what the hell was going on, than that sucks. If he did, that's f*cked up...




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[Sikk]
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02-27-2008, 08:41 PM

WOW!

Wtf is going on!?




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giovannile07
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02-28-2008, 04:46 AM

awhh strange o.o




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BboyRTHYM
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02-29-2008, 12:11 PM

i read the comments... apparently it's not even Cool Herc, he's another guy named "Clive Campell"

either that, or he's doing this as a symbolic lawsuit. i don't think he intends to win but apparently he's doing this for symbolic reasons... not quite sure EXACTLY what he intends to accomplish but thats what i got from this.
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BBoy_J-Man
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02-29-2008, 01:10 PM

He will not get that much money. There is no way... this will probably settle outside of court.




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bboy-phoenix
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02-29-2008, 06:03 PM

why does him associating with the bank means he should be screwed out of money. surely some sort of proof that he had anything to do with the slave trade would need to be present?






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Murph
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02-29-2008, 10:43 PM

I cant really form an opinion on this, since I dont know all the facts, but considering Cool Herc did so much for the Black Community in the early days of Hip Hop, Im not going to say hes being greedy and self centered, if not a bit fanatical, as I would most people in this situation. It does seem its more of symbolic lawsuit, and if the accusations of slavery are true, then the building of a multi billion dollar area off of dirty money, in a primarily black area, should be brought to a halt.
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BboyRTHYM
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02-29-2008, 10:48 PM

Quote:
Originally Posted by Hairtrax View Post
Wow... are you retarded?
are YOU retarrded hairtrax? it's called a typo.
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