Fat Joe Compares Major Record Labels To Ponzi Schemes That Rob Artists

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Fat Joe Compares Major Record Labels To Ponzi Schemes That Rob Artists
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Fat Joe is looking back at his time spent on major labels with regret ... comparing the setup to Ponzi schemes that do anything BUT benefit the artists' bank accounts.

is looking back at his time spent on major labels with regret ... comparing the setup to Ponzi schemes that do anything BUT benefit the artists' bank accounts."Future Of Everything Festival"Joe says his experience was constantly having to convince execs who knew nothing about hip hop culture to prop up his releases, and he ripped the hypocrisy of artists selling millions of records ... while only receiving pennies for their musical thoughts.He reminisced, and not fondly ...

Joe says after he dropped his 2002 album"Loyalty," the Atlantic president called him a failure to his face ... all because he was getting slaughtered by

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