Author Topic: Court Ruling Says Game Owes Greensboro Officers $5 Million (Read 198 times)

LAPROMO · « **on:** February 21, 2012, 09:03:17 PM »

http://www.camcaponenews.com/profiles/blogs/court-ruling-says-game-owes-greensboro-officers-5-million

Cavvy · « **Reply #1 on:** February 21, 2012, 09:18:24 PM »

damn thats a load of cash.

Jimmy H. · « **Reply #2 on:** February 21, 2012, 09:24:53 PM »

I thought this was gonna be over that 9-11 phone bombing but then I remember that was in Cali.

DeeezNuuuts83 · « **Reply #3 on:** February 21, 2012, 09:27:55 PM »

It sounds like a lot, but most celebrities get umbrella policies that typically max out at $5 million (since those are easier to underwrite and more common), hence that specific number. Game's not going to be writing a $5 million check... his insurance company will.

But if he was dumb enough to not get an umbrella policy with that kind of a bank account, then that's all on him.

Cavvy · « **Reply #4 on:** February 21, 2012, 09:30:32 PM »

lets hope his financial sense is better than that of Mack 10s

DeeezNuuuts83 · « **Reply #5 on:** February 21, 2012, 09:47:17 PM »

Quote from: Cavvy on February 21, 2012, 09:30:32 PM

lets hope his financial sense is better than that of Mack 10s

True... but it's not only rappers who make bad financial decisions that relate to this kind of thing. As an example, Hulk Hogan didn't have an umbrella policy, so when his son got into that DUI accident with someone else while driving his Toyota Supra a few years back, the Hogans had to pay a seven-figure settlement to the victim and his family, which was far beyond their liability coverage limits. (Yes, I work in the insurance industry.)