Clive Campbell B.K.A. Kool Herc and associates, are suing Jay-Z, real estate delveoper Bruce Ratner and Barclay’s Bank for $5 billion for slavery reparations. I need to get more facts on the subject, but it ain't nothing new. This was what America was built on. I guess Jay-Z may just be a true American Gangster...read it for yourself.
Hip hop founder DJ Kool Herc is filing a $5 billion lawsuit against Jay-Z, real estate developer Bruce Ratner and Barclays Bank that is seeking money for slavery reparations.
Jay Z, Ratner and several other partners joined forces to purchase the NBA’s New Jersey Nets franchise in 2004 for $300 million.
They plan to move the Nets to Brooklyn and Barclays Bank reportedly shelled out $400 million to build an arena for the team and own the arena’s naming rights for 20 years,.
According to The New York Observer, Kool Herc claims that Barclays Bank was founded by profits from the slave trade and that Mr. 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.”
Herc, who is credited as the founder of hip hop and the originator of break-beat DJing, will be filing the suit with the Black Defense League today (February 25).
Barclays has denied having ties to the slave trade an d Forest City Ratner, Mr. Ratner’s development group, declined to comment. sixshot
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