The Grammys Are Concerned Toni Braxton's Awards Will Be Auctioned

Toni Braxton
The National Academy of Recording Arts and Sciences (NARAS), which is the organization that awards singer with Grammys, has made an appearance in singer Toni Braxton's bankruptcy case, out of concern the six awards she has won during her 20-year music career could be seized and auctioned, to satisfy her many debts.
Braxton fell seriously ill with breast cancer, lupus and angina, which made her unable to work for a time. As a result, Braxton fell behind on credit card payments to high end retailers and other financial obligations. Due to the fact she did not disclose the full extent of her health problems, the insurer that underwrote her Las Vegas performance policy, did not pay the $10,000,000 guarantee in the event her stage run abruptly ended.
Braxton's financial woes grabbed unflattering headlines last year, when she filed for bankruptcy, the second time in a decade, prompting claims she is a spendthrift not in charge of her financial affairs. Braxton's latest Chapter 7 bankruptcy filing, already saw her reluctantly relinquish her million dollar mansion in Atlanta, Georgia's Sugarloaf Country Club. The legal documents also list her Grammy awards among her possessions.
It's all good and fine that they made an appearance in the case, in an attempt to protect their brand. However, the Grammys are a complete farce now, when a screamer singer like Beyonce Knowles, among others, can criminally commit wholesale theft of valuable copyrights worth many millions and win more Grammy awards than Aretha Franklin, in one fifth the time. It says the organization's credibility is gone.
You are giving out Grammys like candy to people that did not earn them, which has taken the prestige and heft from your awards. I also have it on good authority, though you do not want the Grammy awards sold to non-recipients, the voting process can be bought to rig a desired outcome on behalf of artists that did not earn it. The aforementioned two problems, which will mushroom into a forthcoming scandal, when specific details are brought to light before the public, are the real issues the Grammys need to be focused on.

RELATED ARTICLES
Beyonce's First Two Singles From Her New Album Flop
Rumor: Tamar Braxton Is A Victim Of Domestic Violence
Braxton Family Values Finale Explodes Into Fight
Will Reality Show Clear Up Toni Braxton's Debts And Financial Troubles
Tamar Braxton Defends Her Plastic Surgery
Friction Between Toni Braxton’s Parents Leaves Her In Tears
Toni Braxton Led Astray By Playboy
Tamar Using Her Husband's Wealth To Make Sisters Feel Bad On Braxton Family Values
Beyonce Keeps Stealing From The Braxton Family
Toni Braxton's Sister Continues Competing With Her For The Spotlight
Toni Braxton's Family Sad Upon Learning Of Her Potentially Fatal Illness
Will Toni Braxton's Sister Tamar Braxton’s CD Be A Hit Or Miss
Physically Ill Toni Braxton Antagonized By Her Jealous Sister On Reality Show
Toni Braxton Takes A Dig At Evelyn Lozada
Toni Braxton Says She Is More Popular In Europe
Toni Braxton Files For Bankruptcy Again
Toni Braxton Fails To Refute Spendthrift Claims
Braxton Family Values Hits A Sour Note
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Will Reality Show Clear Up Toni Braxton's Debts And Financial Troubles

Toni Braxton
In 2010, Grammy Award winning singer, Toni Braxton, filed for bankruptcy - the second time in a decade. In 2010, Braxton lost her $2,400,000 Las Vegas home to foreclosure. She also gave up her primary residence, a 7 bedroom, 7 bathroom, $1,500,000 Duluth mansion, set in the Sugarloaf Country Club.
Braxton initially fought to keep the attractive, sprawling home. However, her creditors forced foreclosure, but due to the property having negative equity, Braxton was advised not to challenge it. She ended up surrendering the property, in what had to be a very difficult blow.

Braxton's former home in Duluth, lost to foreclosure
In the 1990s, LaFace Records, gave Braxton a reported settlement of $20,000,000 as apart of a renegotiation fee on her recording contract, after the bad publicity from her first bankruptcy. Label mates, TLC, were reportedly given the same, as they too had filed bankruptcy.

Braxton's former home in Las Vegas, gone to foreclosure
In 2006, Braxton signed a lucrative Las Vegas performance deal with the Flamingo hotel, but fell ill a year and a half into the multi-million dollar run. This is where her troubles began, as she'd taken on new debts and insurers refused to pay when she became ill, stating she hid her medical condition from them, which is a violation of the performer's policy. Braxton is battling lupus, angina and breast cancer.

Braxton's Las Vegas show was cancelled due to illness
It is regrettable that Braxton did not buy a home outright, when she had cash surpluses, rather than obtaining mortgages, as she would not have lost her main residence, which was clearly distressing. She is also older now, 43, with her health problems impacting her appearance. There also exists a pathetic ageism in the vain entertainment industry.

Braxton Family Values
However, with the success of her reality show "Braxton Family Values" that has brought in a moderate amount of money, with residuals and DVD sales to come, will Braxton get back in the black. That depends. Her 2010 bankruptcy filing was filed with debts to luxury retailers and establishments, such as Tiffany's, BMW, Neiman Marcus and the Four Seasons.
Braxton's spending would have to drastically change, in order to rebuild her finances from the ground up and maintain a solid financial profile. Her health is also a factor, which should indicate to her to save up for a rainy day.
RELATED ARTICLES
Tamar Braxton Defends Her Plastic Surgery
Friction Between Toni Braxton’s Parents Leaves Her In Tears
Toni Braxton Led Astray By Playboy
Tamar Using Her Husband's Wealth To Make Sisters Feel Bad On Braxton Family Values
Beyonce Keeps Stealing From The Braxton Family
Toni Braxton's Sister Continues Competing With Her For The Spotlight
Toni Braxton's Family Sad Upon Learning Of Her Potentially Fatal Illness
Will Toni Braxton's Sister Tamar Braxton’s CD Be A Hit Or Miss
Physically Ill Toni Braxton Antagonized By Her Jealous Sister On Reality Show
Toni Braxton Takes A Dig At Evelyn Lozada
Toni Braxton Says She Is More Popular In Europe
Toni Braxton Files For Bankruptcy Again
Toni Braxton Fails To Refute Spendthrift Claims
Braxton Family Values Hits A Sour Note
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Sony Broken By Anonymous $24 Billion Dollar Hack

Howard Stringer's arrogance and negligence, believing no one could dare touch them, came back to haunt Sony
Sony has been broken by the $24 billion dollar hack that transpired against the corporation over the past few weeks. Only to be hit by a second damaging hack last week. The public is calling for the resignation of Sony CEO, Howard Stringer, who mysteriously fell out of sight when all the turmoil and bad press hit the company. He surfaced today with his tail between his legs, issuing a belated and ineffective apology, after a scathing article slammed his cowardice and lack of backbone.
Sony stated this week, as the Judiciary Report did last week (Sony Badly Hit By $24 Billion Dollar Hack) the hacker collective Anonymous is behind the massive hack the company sustained, disabling their systems, knocking their PlayStation sites off line and stealing the personal and financial data of tens of millions of customers.
Sony stated earlier in the week that they found a file on their server that is the calling card of Anonymous. The file was not only titled "Anonymous" it read "we are legion" which is their slogan. Anonymous denied all responsibility for the hack, but why would they claim credit, as it would equal decades in prison.

Sony is facing a financial crisis from the Anonymous hack and earthquake/tsunami that could bankrupt them
Either way, Anonymous could state it was someone else pretending to be them. The FBI, who Sony called to report the hack, is not good with computers (LOL). However, regarding Sony, it's not so nice when you have to deal with the FBI as the shoe is on the other foot, now is it.
Some of you may be wondering how I knew last week Anonymous is the one that attacked the company, before Sony made the announcement yesterday, regarding the calling card they found on their server. I had nothing to do with it, but it doesn't take a genius to figure out that when someone says they are going to pimp slap you in an extraordinary way, then they do, who it was that issued the slap-age. For weeks Anonymous warned Sony they were going to get them (see: hack) and their initial blow to the company was just a test (see: diversion) while they did the real damage (see: monster hack and identity theft).
Ironically, the hack does not seem to have been that difficult for Anonymous, as news has since surfaced revealing, Sony's security software was not up to date or strong. It did not meet even basic, up to date security standards. Considering lawsuits are being filed against Sony left right and center, this tidbit is going to work against them in court, as it reveals criminal negligence. Once again, I am only sympathetic to Sony's customers and not the actual company, as it has a history of abusing and robbing innocent people for financial gain.
RELATED ARTICLES
Another Sony Hack Claims The Personal And Financial Data Of 25 Million People
10 Million Sony PSN Credit Card Info Stolen, 2.2 Million Offered For Sale
Sony Badly Hit By $24 Billion Dollar Hack
Sony Playstations Seized Over Patent Theft Lawsuit
Sony To Rip Off The iPad
Sony Continues To Release Sub Par Michael Jackson Material
Sony Lying About New Alleged Michael Jackson Song
Sony To Rip-Off Transformers With Voltron Reboot
Shakira & Sony Stole Music From African Artists
Sony Singers Putting Their Worst Foot Forward
Sony Loses Lawsuit For Stealing "Down Under"
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Toni Braxton Fails To Refute Spendthrift Claims

Toni Braxton
Bankrupt singer, Toni Braxton, who stars in the reality show "Braxton Family Values" tried but failed to dispute claims she is a spendthrift, in a recent interview with Black Enterprise magazine. Ironically, she contradicted herself, while trying to prove to the public she does not overspend.
Braxton stated to the decades old publication, "People were reporting things like I bought Gucci flatware. Yes, I treated myself, and it was only $500. If I bought 1000 count sheets, they were from TJ Maxx for about $49, so I wasn’t living extravagantly."

"Braxton Family Values" cast covers Kontrol magazine
However, she contradicted herself that same week, via a separate interview she gave HDNet, where Braxton stated, "I live well. But instead of having three houses like I had, it’s just not like that anymore." That's overspending, as no one needs three homes. That's a luxury, not a necessity.
Once again, one moment she states she shops at bargain store TJ Maxx, but in the next breath she reveals she had three homes. Her bankruptcy filing further reveals, she ran up massive debts at the Four Seasons, Neiman Marcus and Tiffanys, three high end luxury establishments.

"Braxton Family Values" publicity shot
Years ago, former Laface labelmate, Usher (Raymond), threw Braxton under the bus in an interview, where he stated of her, if you make one hundred dollars you don’t spend ninety-nine. He too indicated the root of her financial problems were due to overspending.
Hey, it’s Braxton’s money. She can spend it how she chooses. No one is trying to tell her how to conduct her financial affairs. But when one is a big spender, then files for bankruptcy twice, one cannot expect to be exempt from public criticism.
RELATED ARTICLES
Toni Braxton Takes A Dig At Evelyn Lozada
Braxton Family Values Hits A Sour Note
Toni Braxton Files For Bankruptcy Again
STORY SOURCE
Toni Braxton: On Bankruptcy, Beating Her Illnesses and the Braxton Family Values
Toni Blames Money Issues On Health
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Nicolas Cage Arrested For Domestic Violence And Public Intoxication

Nicholas Cage and Alice Kim
Bankrupt, beleaguered Hollywood actor, Nicholas Cage (Coppola), was arrested for public intoxication and domestic violence, after a cab driver witnessed him berate and roughly grabbing his wife, Alice Kim, on a public street in New Orleans, Louisiana. Cage is in town for a film (with his string of film flops over the past several years, we know where this is going).

The cab driver called the police, who came out to the scene and urged Cage to calm down. Being an actor lacking humility, Cage repeatedly dared the police to arrest him. And they did. Cage later posted $11,000 bail, after sitting in the Orleans Parish Prison for several hours.
RELATED ARTICLES
Nicolas Cage Home Auctioned
Nicolas Cage's Career And Finances Tank
Sorcerer's Apprentice
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Obama Wants Americans To Vote On Feelings Not Facts

Barack Obama pulled the trigger on the economy
U.S. President Barack Obama stated to the Associated Press, regarding his reelection campaign, "Americans will feel that I deserve a second term." That's a strong sense of entitlement for a presidency, whose numbers are dismal and discouraging.
Where is the proof you deserve a second term. The economy is in the toilet and the deficit is higher than it has ever been. You are attempting to legalize things most Americans do not want, while pushing unsound fiscal projects that promote national bankruptcy.
All Obama had to do when he went into office was make budget cuts and global trade deals, then wait for the money to roll in. Instead, he has been throwing money out the White House window and it bred an even worse financial crisis.
RELATED ARTICLES
Wall Street Journal: Obama Is Going To Lose The 2012 Election
Tea Party Goes After Obama With Hard Hitting Ad
Unemployment And Inflation Rise In America
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

How Lindsay Lohan Went Broke

Lindsay Lohan looking almost twice her age after living hard and fast in Hollywood for 5 years
Fallen Hollywood actress Lindsay Lohan once commanded millions per film. Now she is reduced to financial rubble, due to terrible choices and circumstances of her own making. Let's take a look back at her once semi-successful career that has disintegrated into a haze of drug smoke and alcohol fumes.
She began her career as a kid doing commercials to support her troubled, drug and alcohol addled family. She then progressed to Hollywood films, making her debut starring in Disney's "The Parent Trap" which grossed $66,308,518.
She went on to star in other films such as "Freaky Friday" "Confessions of a Teenage Drama Queen" (with Megan Fox, who later slammed her) "Mean Girls" and "Herbie: Fully Loaded."
Lohan bought herself expensive cars, a multi-million dollar West Hollywood condo and millions in designer clothes and jewelry. She even unwisely lived at the Château Marmont for a year, racking up a $250,000 bill, when her condo was minutes away.
Lindsay Lohan Pre-Crack:



After "Herbie" things went straight downhill, as Lohan began hanging out with a terrible Hollywood set and basically imploded, destroying her career that had exploded.
Lohan earned at least $30,000,000 via filmwork, endorsements and interviews during the highpoint of her career. Yet managed to squander her fortune on foolishness. When the money went, she began stealing from everyone to fund her lavish lifestyle. She was then reduced to living in an empty apartment in Los Angeles and sleeping on a bare mattress on the floor. Good times (not).
Lohan made the news again this month, for being sentenced to 90 days in jail on DUI charges that turned into repeated probation violations. Her lawyer, Shawn Chapman Holley, quit after Lohan wrote an expletive on her hand ("F**K U") and pointed it in the sentencing judge's direction.
She then tried to hire a lawyer fresh out of law school, but even that failed. Lohan finally found another experienced defense attorney that she tried to retain, but when he discovered she wanted him to work for free he bailed on her.

Lindsay Lohan post fame
Lohan was recently cut from the "Mean Girls" video game packaging and dropped from all promotional items involving the forthcoming gory, vile film "Machete." She is box office poison and Hollywood knows it.
According to Gawker, she is lining up pre-and-post-prison interviews that could net her $1,000,000. To all her creditors, it's time you lined up again.
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Lindsay Lohan Tossed From Movie

Lindsay Lohan, 24 (yes, really)

Troubled former actress, Lindsay Lohan, has been booted from another movie. The company behind the derivative sounding film, believes she is not "bankable."

Just last week, Lohan was dropped from the Nintendo video game version of the movie "Mean Girls" which she starred in years ago. Lohan continues to squander employment opportunities, making her image worse by the day. Just when you think she has hit rock bottom, she falls some more.


Lindsay Lohan -- Dumped from Film

Originally posted Apr 24th 2010 1:00 AM PDT by TMZ Staff - Lindsay
Lohan was axed from a movie because she's not "bankable" -- this according a
source connected with the production of the flick. Lindsay was slated to star in
"The Other Side," a movie about a grad student working on a deserted island.

David Michaels, the writer/director, tells TMZ, "Our team simply chose
to move on from Lindsay and we'll soon be announcing a replacement."...

http://www.tmz.com/2010/04/22/lindsay-lohan-other-side-film-dumped/

Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Lindsay Lohan Investigated For Theft Of $35,000 Rolex

Lindsay Lohan
One time actress, Lindsay Lohan, continues to hit rock bottom in Hollywood, as she has been named as the prime suspect in the theft of a friend's $35,000 Rolex watch. Police are investigating the case and have photos of Lindsay wearing the stolen watch in public.
This is not new territory for Lindsay, who has stolen $500,000 in jewelry from a photo shoot, thousands of dollars in clothes and shoes from a friend, who was away on a modeling assignment, a $10,000 fur coat from a clubgoer and a tanning lotion patent from a chemist, which the former child star incredulously tried to pass off as her own.
Thievery is strongly encouraged in the Kabbalah cult, which Lindsay is a member of, hence her rampant schizophrenia and sticky fingers with other people's property she pilfers.

Michael Lohan
Her dad, Michael Lohan, did an interview with website TMZ, regarding yesterday's incident that saw him and Los Angeles sheriffs go to Lindsay's apartment. He was very candid about her current situation. Lindsay, who once commanded millions for acting in films, has been rendered broke and unemployed, due to her drug and alcohol addiction and psychotic behavior, ingrained in her by Kabbalah.
Her dad stated she is living in an apartment with no furniture and sleeping on a mattress on the floor in the bedroom. Lindsay was recently handed an eviction notice for failure to pay two months rent totaling $23,000. Why an unemployed, bankrupt actress was renting such an expensive property is anyone's guess.
She continues to steal and pawn people's jewelry, couture clothes and designer shoes, among other things, to fuel her drug and alcohol habit and lavish lifestyle, that sees her going to nightclubs in rented, chauffeur driven Mercedes, while wearing flashy designer clothes and borrowed jewels, on loan from Los Angeles stores.
She embarrassed herself yesterday, lashing out at her dad on the website, Twitter, making a terrible spectacle, when he only sought to check on her welfare and that of her 16-year-old sister, Ali, who is a minor under U.S. law.
Mother, Dina Lohan, had the bad parental reaction over the phone, screaming at the sheriffs and her ex-husband, to get out of Lindsay's apartment. Both Lohan and the sheriffs were well within their right, as Dina left an impressionable minor to live with a drug addict and alcoholic, who can't even take care of herself.

Lindsay with cocaine in her shoes
Dina continues to insist that Lindsay is fine and is a good person. I beg to differ. I leave you with this - your daughter is in a psychotic, pseudo-religious cult, whose members have serious mental problems, believing that creating schizophrenia in patrons and sexually abusing people is a good thing, when it is not.
They spend their free time trying to become other people, developing serious personality disorders. They steal and deal in drugs to fund their cult and lavish lifestyles, which has resulted in criminal cases. That's when they are not surreptitiously watching people in their homes via the internet, without permission or consent, for gratification, in conduct similar to what transpired in the Blake Robbins vs. Lower Merion School District case. When one does said things, one ceases to be a good person.
RELATED ARTICLES
Lindsay Lohan Caught Stealing Again
Lindsay Lohan Steals Product From Florida Chemist
Lindsay Lohan Punched Her Mother
Cops Concerned About Lindsay Lohan Seek A 5150
Dina Lohan: Lindsay Is Not a Bad Influence on Her Sister
Friday April 23, 2010 04:00 PM EDT - Dina Lohan is furious that her ex-husband Michael brought the Los Angeles Country Sheriff's Department to daughter Lindsay's apartment Thursday – and disputes his claim that the starlet is a bad influence on her younger sister, Ali.
"They scared the h*** out of my girls," Dina tells PEOPLE. "Ali called me hysterically crying. They were hysterical and petrified of him. I spoke to the [police officer] and said, 'You don’t have a warrant, get out!'
Michael says he called the cops to perform a "welfare check" on daughter Ali, 16, because he was concerned about her safety. "Ali is being exposed to nightlife and the people Lindsay is surrounding herself with," he told Hollyscoop at the time. She's 16 and she doesn't belong there. She's a minor." ...
http://www.people.com

Lohan Named a 'Suspect' in Rolex Theft
Originally posted Apr 22nd 2010 9:25 AM PDT - Lindsay Lohan has been named a suspect in the theft of a $35,000 Rolex watch, law enforcement sources tell TMZ...
http://www.tmz.com
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery

Nicolas Cage Home Auctioned

Actor Nicolas Cage's Bel Air home in Los Angles, has been auctioned in foreclosure. The celebrity that once owned over a dozen homes, has lost a number of them, due to overspending and under income.

The Judiciary Report saw this house on a Hollywood home tour years ago. It does look quite stately from the outside, which made the Judiciary Report wonder what was wrong with it other than the price ($35,000,000). When the price was eventually reduced, Cage's realtor still was unable to close a sale.

But alas, nosy TMZ posted pictures of the home's interiors and confirmed the Judiciary Report's worst suspicions, Cage suffers from bad taste in furnishings and interior design. It's a common affliction among celebrities. They have appalling taste in everything from clothes to furniture.

Cage's Bel Air home looks good from the outside, but the realtor should have staged the home, removed some of the actor's eccentric furnishings, placing them in storage and painted some of the rooms neutral tones (that green bathroom is hurting my feelings and that game room is traumatizing me).

I love movie memorabilia, but don't scare home buyers and have them startled while viewing your property and thinking, "Why is Yoda in the middle of the living room."

While it is fine to have eccentric tastes, when you are selling a home, especially in a fire sale, concessions must be made. Cage's former home was a great property with good structure, charming architectural features, situated in a prime location with a significant amount of space.

Nicolas Cage
However, it is cluttered and crammed with items and wall colors from daily living that a potential buyer cannot appreciate or envision living in.

STORY SOURCE:
Nic Cage Loses Another Home
Nic Cage -- Bye-Bye Malibu
Source URL: https://crystal-harris-sum.blogspot.com/search/label/bankrupt
Visit crystal harris gallery for daily updated Crystal Harris Gallery