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  • aforeffort747
    Reply

    CBC come on! Fractional reserve banking in Canada? Debt ceiling? Inflation? Something affecting us. Not personal BS stories! Don't care as Canadians about a rappers hard times!

  • Ben
    Reply

    His nickname doesn't indicate he's rich. His nickname indicates he's broke, only having 50 cents. Either that or he only has 50 sense. Either way, that's hilarious.

  • Prince Patty
    Reply

    Chapter 11 isnt broke its a legal way of not paying 5m today it just gives him more time to get the liquid asset available. Forbes said hes worth 155m last year!

  • Badlamshade
    Reply

    You dip shits he filed for Chapter 11 Bankruptcy "protection". It's used for the reorganization of debt so you don't go bankrupt in the short term.

  • aforeffort747
    Reply

    All he lost was currency! Not money! If you don't know the difference! How money works you tube video by Mike Maloney!

  • MrNgueyong
    Reply

    CBC NEWS ARE YOU STUPID ? FILING FOR BANKRUPCY DOES NOT MEAN YOU ARE BROKE. YOU SUPPOSEDELY EDUCATED MOTHER FUCKERS SHOULD KNOW THIS

  • James Crow
    Reply

    Everyone talking about 50 filing bankruptcy come on.. Coca Cola acquired Vitamin water for 4.1Billion dollars and he made like 2.5% off that (a cool $100-$150M) it would appear that Mr. Jackson filed for personal bankruptcy for three important reasons: #1) To prevent the judgment creditor (Lavonia Leviston) from being able to disrupt his business operations and place liens on his assets. #2) To force the creditor to the negotiating table to bring the $5 million judgment down. And #3) To prevent the jury in the sex tape case from being able to award Ms. Leviston further punitive damages.

  • RushFlaut
    Reply

    the company went fucking broke and as a part of the leadership he bought himself into he now ows the company fucking 45 million dollars he owns only 9 million dollars after he lost ALOT in fucking gambling with other investments of as said headphones etc.. yesterday a court assigned him to pay 4.5 million dollars because of a porn video he wanted to sell but didnt have the right to do so and after the sentence he immediately went to court to have a personal insolvency he is officially broke and by the way if you go to the court and state a personal insolvency the government looks through all your spendings and all your income checks he cannot lie about that he is BROKE

  • flamed65
    Reply

    I can't believe it. I mean A couple years ago I saw him doing a lot of business moves and he seemed like he was doing it big.