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Scott Storch

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Jay-Z Midas Touch Fades; Hip-Hop, Rap in Financial Crisis

Jay-Z made a fortune on the rise of hip-hop and rap and now that the genre is in decline, his vast business empire is showing signs financial distress. Whether it’s hip-hops fading presence, the bad economy, an inattention to business, or a combination of all three, Jay-Z’s clothing line, Rocawear, is being rocked by financial distress. ...