Financial Times - Personal finance with Public Enemy

9 August 2008

FT interview with Public Enemy:

Chuck reveals that the band turned down a million-dollar advance when they decided not to re-sign with Def Jam. "In order for me to build something, I had to leave," he says. %u201CThey wanted to keep us around, but we would have been a token. And the advance would have been paid for with accountability, with them telling us how to spend it." ... “There’s definitely a concern,” says Johnson. “When the economy is not doing so well, your market for live performance is limited to those individuals who are not necessarily so sensitive to economic change.” ... “Some individuals in the group are doing well in real estate, construction and home renovation, and the S1Ws have a security consulting business.”

Guys, you might want to get out of the real estate thing for a bit.

http://www.ft.com/cms/s/0/c66acfb8-628c-11dd-9a1e-000077b07658,s01=1.html