rick ross financial statement 2006 (pdf file)

[iactwhite]

http://api.ning.com/files/hT8vRvVtZwiO9EmhtBpve00214Sl2QMVfWvZG4gnQYCAzStO-VWvD3N4cE5xh5hwpaYaR6mWWk69CoehK8VERycAs9cGLP0Q/RickRossFinancialAffidavit.pdf

:unsure:

[MegatronBomb!]

why is it dated june 17 08 at the bottom when the last years gross income is from 2006?

:confused:

[Kid-Wave08]

Damn, this sh1t is getting out of control

[theworldismine13]

wow

[Bob Backlund]

haha, dude owed 250,000 the year he blew up in the rap game, and was owing on average 7,000 dollars monthly on top of that, and his assets depreciate while his liabilites increase in total, just wow hope he spent less money in 2007/08 with trilla. Lauce

[West Coast Real Gs]

haha, dude owed 250,000 the year he blew up in the rap game, and was owing on average 7,000 dollars monthly on top of that, and his assets depreciate while his liabilites increase in total, just wow hope he spent less money in 2007/08 with trilla. Lauce


You cant owe $250,000 or owe $7,000 a month on top of that unelss you had it in the first place.

When you grow up theres these things called banks, credit, credit approvals and credit checks, and credit history.

I know, these are unknown things to the 14 year olds swimming through here with their g unit bras... I mean tank tops on but youll soon realize that this may be fabricated

[Bob Backlund]

You cant owe $250,000 or owe $7,000 a month on top of that unelss you had it in the first place.
When you grow up theres these things called banks, credit, credit approvals and credit checks, and credit history.
I know, these are unknown things to the 14 year olds swimming through here with their g unit bras... I mean tank tops on but youll soon realize that this may be fabricated
haha, what do u make of the morgage crisis currently in this country, that just happened out of the blue right, and people always spend what they can only afford in america right? take your L in accounting and economics, lets keep it moving

[West Coast Real Gs]

haha, what do u make of the morgage crisis currently in this country, that just happened out of the blue right, and people always spend what they can only afford in america right? take your L in accounting and economics, lets keep it moving


That has nothing to do with owing $7,000 a month idiot what the fuuck does his extra expenses have to do with a mortgage ? Fuucking clown

and the housing economy was still decent then

[Bob Backlund]

That has nothing to do with owing $7,000 a month idiot what the fuuck does his extra expenses have to do with a mortgage ? Fuucking clown
and the housing economy was still decent then
its spending money you dont have and buying up assets you cant afford, that was the basis of the housing crisis, a bubble that was still expanding at that time, and finally burst in late 07/early 08. Basically its like this, if you own a home. you need 20% down payment to buy a home, what these people did was purchase loans from banks that did not check financial backround at all and that bank gave them the money they needed to purchase the down payment on that home. Then, when the people couldnt afford the payments month after month on their house to the bank, they had to forclose, and with values shooting down in the housing market, left these people really ****ed. I was proving you wrong on your previous quote proving you didnt know what you were talking about. The whole point of my original post is you dont spend what you cant afford, thats what happened to hammer. His expense towers over his income, and he has more money that he owes that the value of his assets, therefore it is an L for Lauce

[Prodigits]

LAUSE!

[MegatronBomb!]

its spending money you dont have and buying up assets you cant afford, that was the basis of the housing crisis, a bubble that was still expanding at that time, and finally burst in late 07/early 08. Basically its like this, if you own a home. you need 20% down payment to buy a home, what these people did was purchase loans from banks that did not check financial backround at all and that bank gave them the money they needed to purchase the down payment on that home. Then, when the people couldnt afford the payments month after month on their house to the bank, they had to forclose, and with values shooting down in the housing market, left these people really ****ed. I was proving you wrong on your previous quote proving you didnt know what you were talking about. The whole point of my original post is you dont spend what you cant afford, thats what happened to hammer. His expense towers over his income, and he has more money that he owes that the value of his assets, therefore it is an L for Lauce

with all that said, the statement is from 2006.its only dated 2008
you dont comprehend very well

[Bob Backlund]

with all that said, the statement is from 2006.its only dated 2008
you dont comprehend very well
my point was what was going on starting in 02 continuing through 07, which included 06 obviously, made what happened in 08 possible, i comprehend fine