credit crunch

PRESIDENT BARACK OBAMA ON JAY LENO

LL COOL J CLOTHING LINE FLOPPING!

According to website Wooha.com  LL Cool J’s sears clothing line is about to go under! WoooHa was the first to break it that Andre Benjamin’s Benjamin Bixby clothing line was failing, and now we got the tip off from our friends at Ad Age that LL’s Sears clothing line is about to kick the bucket as well. Apparently, with the way the economy is these days, you can’t just attach a celeb name on a clothing line and expect it to sell. Hip-hop []

FORMER TLC STAR T-BOZ LOSES HOME

Times are hard folks…….. Via Ballerstatus According to TMZ, the 10,000-sq. ft. Georgia home of T-Boz (real name: Tionne Watkins) is set to go on the auction block in January 2009, after failing to make her mortgage payments. Public records indicate that the singer has defaulted on the original principal of her mortgage, which is reportedly around $530,000, and now the state has taken it. I’m not surprised she defaulted on the original principal of her mortgage. I am guessing that she []

LONDON CLUBS CAN’T AFFORD JAY-Z DURING CREDIT CRUNCH

Via The London Paper Jay-Z is finding the credit crunch is hamperiing his London party plans. The hip-hop superstar has found no club willing to stump up his appearance fee. Representatives for the star, in town to watch his NBA team, the New Jersey Nets, take on Miami Heat at The O2 on Sunday night, initially asked for £25,000 for him to host a party. Even though that figure has now gone down to £7,500, no clubs are interested. A club source told theBuzz: []