A few years ago hip-hop mogul Jay Z heard a few tracks by a rapper named J Cole and decided to sign him to his label. The next year, J Cole hit No. 1 on Billboard's Top 200 with his album debut, "Cole World: Sideline Story." Guy Raz talks with J Cole about his journey from Fayetteville, N.C., to the big leagues in New York City.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
GUY RAZ, HOST:
And I'm Guy Raz. Investigators are poring over the books of MF Global today. They're trying to figure out what happened to several hundred million dollars. The investment firm, run by former New Jersey Governor Jon Corzine, filed for bankruptcy yesterday. It failed in large part because it made ill-timed multibillion dollar bets on European debt. NPR's Yuki Noguchi reports on where all that missing money could have gone.
Guy Raz speaks with Leslie Bruce, senior writer the Hollywood Reporter, about the money behind reality star Kim Kardashian's wedding to basketball player Kris Humphries. The reportedly multimillion dollar wedding actually earned the Kardashian family money through various deals with entertainment television and magazines. But Kardashian filed for divorce Monday after 72 days of marriage.
Robert Siegel speaks with Ken Bensinger, business reporter for the Los Angeles Times, about used car sales lots known as "Buy Here Pay Here" dealerships. Bensinger has written a three-part investigative series on this type of business. He tells Robert that "Buy Here Pay Here" lots are very common, and they prey on people with low incomes and bad credit. They charge high prices and very steep interest rates. And in many cases the buyer defaults on the loan, and the car is repossessed and resold again and again.