Hip Hop Mogul Faces ForeclosureTimes are hard for celebrities: Rocafella Records co-founder and former Jay-Z sidekick Damon Dash (pictured, with Maybach) can't pay his mortgage! His bank has started foreclosure proceedings on his two apartments after the mini-mogul failed to pay his combined $78,500-per-month mortgage. Times are also hard for celebrity coverage: as you can see, it's been reduced to finding ways to tie in the mortgage crisis with celebrity lifestyles. The media's already expanded the definition of "celebrity" to include politicians and athletes, so playing off real estate trends is a logical next step. There's a massive news hole to fill. First Ed McMahon was foreclosed on, now this! When will it stop? We can't wait to find out! [Newsday. Pic via NYM]