Fri 19 Oct 2007
How do you come up with $2.2million in cash?
Posted by Miss Info under Crime , Not Good For Hip Hop , Quotes[35] Comments
(pic spotted at EW.com)
Judge Baverman is not playing around. He doesn’t care about your Free T.I. t-shirts and he doesn’t care about T.I.’s property value. He doesn’t even care about the bigwigs at Atlantic Records and Warner Brothers who put up their own money to back T.I.’s $2.2 million dollar bond.
He wants to see $2.2 million in cash, upfront, like a ransom straight out of a South American corporate kidnapping. He even asked for equity in T.I.’s mom’s property, until the lawyers told him that she didnt have any. What the hell! What’s next…does your grandmother have any savings bonds, Mr. Harris? A coin collection?
Meanwhile, TI’s team has offered up everything they possibly can to get their marquee artist out on bail. Seeing as how he has numerous concerts, movie projects, American Gangster promotions, and 5 kids to attend to, it makes sense that the next few months before TI’s trial are very precious ones. Especially if at the end of this trial, TI is facing up to 10 years in federal prison. (sigh)
Here’s just some of what TI’s lawyers proposed:
-TI gives up his driver’s license and his passport.
-He submits to random drug testing.
-He pays for a court-appointed monitor to live in his house, and watch him 24 hours a day, making sure he never leaves, and searching everyone that goes in and out of the house. There would also be some sort of electronic monitoring (ankle cuff?).
-He offered equity in his homes, worth $1.5 million.
-And 5 record execs signed bonds for another $700,000.
But Judge Baverman still said, “I haven’t decided on releasing him yet. I just haven’t heard the conditions yet and I’m not satisfied.
The Judge wants to see a cash bond for the full $2.2 million. Plus the equity on the houses. And the 24-hour monitoring, drug testing, and removal of all in-house safes. Only TI, wifey Tiny, and the kids would be allowed in the house. And the Judge is still needs to think about it until next week. This is where we see what kind of commitment the Warner Music Group really has to their “asset” because no one else has access to that kind of cash.
During today’s bond hearing, the judge commended TI for the way he has “reached out to the community, particularly the community of the underprivileged, with great generosity.”
But then pointed out that TI was arrested on the same day that he should have received two BET awards: “On the day that is probably the most important of his professional career [Info: ehh, that’s a massive overstatement], T.I. shows up armed at a gun deal to buy machine guns and silencers. I’m really, really concerned about that sort of dichotomy.”
Did I mention…sigh?
Carl Chery, formerly of SOHH, now over at BET.com (congrats on the new gig), sent over reaction to TI’s arrest from Swizz, Jermaine Dupri, DJ Drama and more. Click here to read.
October 19th, 2007 at 9:13 pm
You reap what you sew. I don’t care who you are. Miss info I hope you covered jena 6 like you’re doing ti. That’s what the dope boy life will get you
October 19th, 2007 at 9:28 pm
i didnt. I think there are way better sites than this for coverage of Jena 6, for example, NPR, etc.
I’m not sure why you would hope that, but check out that site.
October 19th, 2007 at 9:40 pm
“TI is facing up to 10 years in federal prison.”
Much more than that. TI faces 10 years for each machine gun. He also faces time for each other weapon. They also reportedly found half a pound of weed (which could easily be parlayed into trafficking charges). The feds said today that the investigation is ongoing and that further charges are likely. He also faces Georgia state charges including traveling with a loaded weapon in a personal vehicle.
I wouldn’t be surprised if by the end of next week, Georgia DFACS will be involved to monitor the welfare of the kids.
October 19th, 2007 at 9:52 pm
Aight, maybe some of the readers here informed in the areas of the legal system can help me out on this.
When you post 2 million dollars bail, is that money you eventually get back? How does this work?
October 19th, 2007 at 10:47 pm
Any1 who read some of the other post knows I’m one of the ppl that was staunchly defending TI and his right to protect his family and that MAYBE the guns weren’t his but actually belonged to members of his live-in security….
That being said…Why doesn’t he have 2 million is liquid assets? I mean don’t get me wrong the judge is being an ASSHOLE cause he seems like he wants TI to promise him his next unborn child or something…
But bigger than that Rappers gotta start actually having more cash in your porfolio’s. If you have a 5 Million+ dollar crib and ferrari’s and Bentley’s and Phantoms and Maybachs (thats about 1.5 M in cars right there)….you should at least have 5 Mil liquid (cash) in ADDITION to ur real estate/stock/bonds/mutual funds, etc.
I hope TI does beat this case because I’m pretty sure he’ll change alot of things (financially, personally, and professionally). Also I think rappers (most of whom are pushing or even past 30) are starting to realize they got too much to lose and their every move is being scrutinized. This doesn’t have to be the death of HIP HOP but I think our artist are gonna start cancelling out all the unnecessary bullsh*t that comes with fame and money.
October 19th, 2007 at 11:30 pm
Well first I must say I agree with Talyia. T.I did reap what he sew. I feel is one of the dumbest rappers (with fame and money). I mean come on you are a felon, you have a lot of money, you still hang with hood/dopeboys, and you are on T.V. all day everyday. Why the hell would you have a dam mini war zone in your bedroom. Oh and I know that the govnt put that 2.2 million dollar cash bail as a setup for two reasons: whoever comes to post bail will have to explain where they got 2.2 million dollars in cash and they are sending a message to anyone that thinks they are “tony montana” you want to be a gansta be ready to pay the man. I hope all those cars and jewls can be sold. I really hope for the best for T.I. I really was/is a fan of what he did/does for ATL and for hip hop.
October 19th, 2007 at 11:34 pm
poor TIP…
October 20th, 2007 at 12:03 am
Sportaphile:
Usually you post a percentage and you get it back when you show in court.
MissInfo:
I think this is some serious overkill. He’s being treated like a huge threat when he may well just be a rich gun nut who smokes ganj.
This judge is on a power trip and is digging the media spotlight. That’s not good given the issue of sentencing.
Just my two cents.
October 20th, 2007 at 1:45 am
i am not saying TI was in the right, or condoning anything of that nature. I personally can’t help but be disappointed to see another high profile African American male being publicly shamed.
October 20th, 2007 at 7:43 am
For somebody who talks about money like that you figure he could come up with liquid cash without having to put up his two houses. Come on hov you cant write a 2 million dollar check. Im just playing why should he do that for this dude dumb ass mf.
October 20th, 2007 at 10:58 am
Wow, would everyone stop rushing to TI’s defense? Why the HELL is he buying machine guns?!?!? Why? For his position, all that shit is irrelevant! I mean, this sounds like a random movie script, thats how random and nonsensical this is! TI is going away for a hot second, try to get a cell next to R. Kelly.
October 20th, 2007 at 12:49 pm
Why the hell would T.I use his own money for bail? He’s got legal fees e.t.c to think of. Even Bill Gates doesn’t use his own money for business ventures, they use a line of credit or loans e.t.c.
If your worth $11 mill and use your own money your now worth $9 Mill after the legal costs e.t.c you loose another 1-2Million just like Irv Gotti, Supreme Cases. But if you let your people record label management e.t.c come up with the money. You get to keep your finances in order.
T.I in the worst case scenario will get like 5yrs or less. No one really believes T.I was planning a mass murder or all that nonesense. You need evidence to support that claim. Some of the 9/11 terror suspects get caught with jihad literature e.t.c bomb making equipment and still get off on technicalities.
T.I has a family to support plus a huge fan base and a relevant member of the community y’all wanting T.I.P in prison deserve to be behind bars coz y’all a bunch of jelous, envious nobody’s that like to see stars fall to their feet and that aint right.
October 20th, 2007 at 5:28 pm
TI knows the rules … He is a felon , there is a 3 strike rule … TI’s lawyer , is the same as jermaine dupri’s lawyer ? wasn’t his daughter on that sweet 16 show . How did he come by this lawyer ? why is jermaine saying it is a done deal and they share the same lawyer … I detect confidentiality breech ////// hmmmm TI NEEDS A NEW LAWYER , PRONTO.
bout it , you are brave .. where was ti family THAT HE SUPPORTS shouldn’t they make sure their meal ticket tows the line ….what tiny has his back as a lil gangster moll ride to you die ? Ok ..
what is the level of ti’s education ? TI has cultivated how many friendships with the power elite? Obviously Ti is ignorant of the law and the way of the world . We shall see , what will happen .
Those rap war fighting days are over people !!!! Why do our young black people want to go into the system … THE SYSTEM IS SET IN MOTION TOO KEEP YOU STAGNANT . ANY BODY WHO HAS BEEN THERE KNOWS THIS , BUT BY THEN IT IS TOO LATE ….
October 20th, 2007 at 8:08 pm
Is it safe to say that T.I will never see the light of day ever again?Or is it just me?I hate to see a young black man going to jail in the prime of his life and career,but how stupid do you have to be do get yourself into a mess like this?Maybe this was that one huge mistake you make once in your lifetime that will cost you everything you ever worked for.In any case i wish him luck.
October 21st, 2007 at 5:54 am
Damm these people @ atlantic is using all of lupe and siagon budget to help keep ti out of jail until his trial
October 21st, 2007 at 1:58 pm
Lets make sense here:
Ok as for T.I. HE DOES HAVE THE MONEY.(use your brains Silly)
But what MOST OF YOU ARE MISSING(including ‘missinfo’) is that the JUDGE WANTS THE 2.2 million not only from TI but from his surrounding investments that being,the record label,record label execs like LA Reid, and Family BECAUSE this ties them AND TI into an obligation.And Basically this gives the judge some assurance that when he does allow TI bail, Something wont miracuoulsy happen to TI(dissappearing) or to any potential victims. This is like a leverage for the Judge to use on TI. And this Magistrate Judge Alan Baverman is 51, Born in Baltimore, Maryland White American that I dont think listens to hiphop. So he’s probably under the assumption that Hiphop is synonomous with violence so these are all factoring reason why he’s putting some many restrictions TI and asking for Cold hard Cash. plus Equity in homes not. Not to mention that his daughters(the judge that is) also deals in real estate so….should TI faulter guess who’d probably get 1st dibs on those estates????.(anyhow thats just a speculation on my part)
But Talking more sense about the matter. Yes TI is likely to serve some time.
But whats funny to me is how TI’s massive, FEMALE Majority fan base isnt fully supporting him. Based on the responses I’ve seen. Most females feels like “he gets what he deserves”, “he’s Dump” or “Reap what You sew”. And these are all the same females that was on TIP’s….T I P (get it?).
my personal opinion on this matter is this: I dont condone any wrong doings of TI. But In this situation, TI didnt harm anyone or make threats, He also has guns already which isnt a good thing but what important about that is it establishes to the police that he’s not likely to be setting a some elaborate murder plot.
But to call him “Dumb” or “Bum” or to say “Reap what you sew” when Our Goverment is filled with corruption, makes you just as stupid or dumb as the guy you criticize. So Show some SUPPORT…because in my eyes if the justice system is any reflection of our goverment TI could be crusified under the justice system THAT YOU THINK IS FAIR.
October 21st, 2007 at 6:36 pm
I dont feel sorry for TI at all…
October 22nd, 2007 at 2:45 am
I want to be honest here, really honest. I hope he doesnt beat the charges. Tis dudes needs a nice fed cell for 15 years iam serious.
_ you people need to forget he is black and makes music. hoping he beats the charges??? why?
October 22nd, 2007 at 2:48 am
Dont be surprised that he doesnt have 2.2 million in liquid cash, look you we are talking about? a wannabe dope boy that can barely talk, not like we talking about a finacial expert with a degree.
October 22nd, 2007 at 3:18 am
i have to agree with talyia
T.I is a decent rapper, and its good to have an impactful emcee with skills in the game.
but as fucked up and lame as it sounnds, you just cant do shit like this and get away with it.
maaan you got MMILLIONS of dollars. WHY buy ILLEGAL guns?
why not buy legal guns, and claim you are shoooting a movie or somethin? lol
but uhh
btw, im a young emceeeee JUST gettin my feet wet with recordin’ JUST turned 16…but dont give me any mercy to anyone who will listen to my stufff cause I want to improve…right here at
http://www.myspace.com/microbialagent
(I hope Miss Info dont mind if I post this here a couple more times, i hope she dont, she should see how I suck up to her on OTHER sites, i love her lol…a lil copy and paste action)
October 22nd, 2007 at 2:14 pm
@ Chantai the rap wars are over? How did Jam Master Jay, Stack Bundles, La-La (R.I.P Baby girl) Die?? They all got shot!
If All these dead artists had bullet proof vests and weapons to fight back they would probably still be alive!
T.I has been in those situations, he could very well find himself in those situation again because the incident that led to the murder of his homeboy remain unsolved. I say fuk d law that were made by a people who dont take into full account the trouble we as young black men go through.
I aint a gangbanger but could easily be shot dead coz of mistaken identity e.t.c. Police go after rappers and not the people looking for them to cause trouble. Look at the guy that came up to Diddy in the club? Leave Diddy alone and let the man do wht he want to do.
JD said he and T.I had the sa,e lawyer so wht? They probably recommended one another to the same dude, T.I is fighting for 5-10yrs of his life and you think he should leave a good lawyer coxz of wht JD said? That aint smart.
October 22nd, 2007 at 4:23 pm
The problem with T.I. and his situation is that the Judge opted not to release T.I. even after Kevin Lyles and a bunch of other rich people offered to put up collateral. TI was putting up 2.2 million in cash and another 1.5 Million on the value of his home and plus another 700K from friends and associates. The Judge would have to appoint a special monitor if T.I. is even going to dream about smelling house arrest but if he wasn’t moved by all of the up front money and collateral I don’t think T.I. has a good shot. He’s a good talent but I think he’ll be like Shyne. And shyne has been away for 6 1/2 years. Check out the full story on the judge’s new decision here:
http://www.clmnews.com/Entertainment_Sub_Pages/People/TI.html
October 22nd, 2007 at 5:18 pm
first off, its very difficult for us to make a judgement on this dude…
let’s wait to find out all facts.
October 22nd, 2007 at 5:56 pm
I HOPE HE GETS LOCKED UP FPR A LONG TIME…………LEAVE THEM GUNS ALONE DUMB ASS NIGGA
October 22nd, 2007 at 11:02 pm
@AR15-I DON’T THINK JMJ DIED OVER A RAP WAR, I THINK IT WAS DEEPER THEN THAT MAYBE MONEY.I ALSO DONT THINK STACK BUNDLES DIED OVER RAP EITHER, I’M THINKING IT WAS JELOUSY AND WHO’S LA LA?LET ME KNOW.
AND AS I SAID BEFORE T.I MADE A HUGE MISTAKE BUYING THOSE GUNS,HE WASN’T GONNA KILL NO ONE,OR BETTER YET WHAT IDIOT OUT THERE WANTS TO KILL SOMEONE LIKE T.I ANYWAY?
October 23rd, 2007 at 12:40 am
” They catch me wit it f*%k it im doin my lil bid”
– T.I. “top back” remix
Just because a man is a great entertainer does not exempt him from abiding by the law. He’s a FELON this is not his first run in with the law, Dude is a knuckle head. To miss info: let me know what world you live in where I can get stoned and try out my new arsonal of machine guns and silencers, Thats no biggie to you! you buggin! cuz hes T.I. or cuz hes rich? FREE JOHN FORTE FREE JOHN FORTE FREE JOHN FORTE
October 23rd, 2007 at 1:35 pm
But i want to see him locked up.
October 23rd, 2007 at 9:34 pm
La-La is the homegirl singing on Lyfe Jennings track, S.E.X she got shot dead a few days ago, as for Jam Master Jay they suspect Killa Preme a hiphop investor, Stack Bundles, Jim Jones e.t.c had beef with Tru Life and his peoples, I aint sayin Triu did it but those are situations where people within the industry had differences with each other and wind up dead.
See the thing is it doesn’t matter whether a rapper’s got an album coming out any time they make the headlines everybody screamin “publicity stunt”, like thats what we call beef these days I’m not sure what y’all mean by rap wars to y’all mean coz in the streets they don’t care who you are or whatever whn they wnt you dead they comin for you T.I knows that.
October 24th, 2007 at 2:12 pm
ar15
I do not condone violence , or taking someones life . I do not believe in the nra … I don’t want people walking around with guns , that are trigger happy or paranoid someone is looking at them funny … It is bad enough the police aren’t trained properly and carry guns , shooting people 21 times , that had no weapons .,…. Give everybody a gun and people will still go about life the same way .. Most of us are born with functioning brains and a lot of us do not invest the time to learn how to use them ….
So how is having a vest and a gun different , if you don’t know how to use them ? And please don’t tell me they would take lessons , because this young man ti is a felon and does not know the rules.
My lawyer comment if you ever dealt with lawyers , you would understand ./
you say , i quote
“I say fuk d law that were made by a people who dont take into full account the trouble we as young black men go through”/
please wake up , of course they know the trouble you go through , they put you there , because u refuse to get an education and help change the system .
ti has children , and an arsenal in the house . that is really responsible parenting .
October 24th, 2007 at 8:26 pm
@ Chantai, I dnt know where you got all that lesson talk from about guns and vests, it doesn’t take a a rocket scientist to figure out how to put on a bullet proof VEST.
If we give people lessons in a gun range 50 Cent, Beans, T.I and em would be dead.
T.I & JD’s lawyer had a conversation about T.I.P getting arrested which was broadcast globally a few minutes after it happened so thats your idea of a confidentiality breach?
My point in reference to guns and vests was raised based on the argument that if your at home and people break in armed looking to murder you for whatever you being armed and protected with a bullet proof vest gives you a fighting chance whether your the President of the United States or a Convicted Felon.
October 27th, 2007 at 11:30 am
TIP “T.I” HARRIS is The one man I want to be like because He came from the same stuff I did and had to do some of the same stuff I had to. I think he should be set free I Know he should not have guns on him but think about it he got people tryna kill him so If I was him id keep army gunz on me to.
FREE T.I
November 4th, 2007 at 2:30 am
Rappers especially gangsta rappers are the closet thing we have to super heroes in this society. From the perspective of the ghettos around the world they are invincible. Why? because they have no fear. No man or government has the power to harm them.herefore, you can shoot them, imprison them, give them bad press, hate them or even kill them but it won’t matter. They still will still be in your face dead or alive. Hip Hop will be Ok.
Read:
Rappers: The Social Super Hero
http://mindwarz.com/media/hiphopsuperheros
November 14th, 2007 at 6:50 am
Guns are for protection. Come prove something mother fuckers. Seriously.
A 51 year old white male judge giving him a fair trial? HAH
I GUARANTEE YOU that this same judge has several guns in his house. Maybe not machine guns, but hey, it’s a fucking hobby.
As for the weed, everyone should smoke it. If you’re against it, you a fuggin idiot because you don’t know what you’re against
December 24th, 2007 at 1:56 am
dis is bullshit.dat damn judge should get a reality check or juss drop dead. bis attitude against t.i. makes me wanna take dat judge by da neck and strangle him.look at my nickname”msz t.i.p”, i have all his cds. i love t.i. vs t.i.p., and wen sum1 says sumtin bout t.i. i hurt dem.like in my skewl, dis guy said t.i. is gay, so i threw him 2 a fence and beat him up. i got suspened 4 3 damn days 4 defending sum1.t.i. didnt kill no 1; so he has sum guns, well i hav fist of iron. and im only 12, so i should go 2 jail, or b in house arrest.
PEACE OUT MY T.I. LOVERS!.
January 2nd, 2008 at 6:21 pm
so what if he had gun half qway everone was gun