No matter how you put it or sugar coat it, Damon Dash is still in financial trouble. You don’t lose your car and houses and blame it on that Dash’s accountant forgot to pay the bills. But there is a bright light at the end of the tunnel and her name is Rachel.

While many of Dash’s business ventures have failed, Dash and his wife Rachel Roy announced back in June that they had signed a $4 billion joint venture with Jones Apparel Group. Rachel Roy recently showed off her new pre-Fall 2009 fashion line which is inspired by the gangster film Bugsy Malone. This could be the saving grace of the Dash family. (Source)