Def Jam co-founder Russell Simmons has addressed the negative press Dame Dash has recently received and expresses his belief that the embattled mogul will rise again.

Simmons inked his thoughts via a blog entry highligting Dame’s achievements within hip-hop.

“So haters, it really doesn’t matter about your blogs from the sidelines,” he wrote. “Dame’s gonna help heat the economy again!! If he got hit by a truck today remember this, Dame’s a giver by nature. That’s why he has already received so much. He was the biz leader, architect and one of the creative forces that built Rocafella Records into an empire. I remember that it was Damon who came on my office after we signed Jay-Z to be on the Nutty Professor soundtrack with a bag of cash ready to put his money where his mouth was…I saw countless displays of vision and faith all the way up to and beyond his struggle to convince everyone (no one believed) of the artistry in Kanye West.” (AHH Editorial Blog)

Dash’s former attorney Comback Jack recently offered his take on the mogul’s rise and fall.

“The media is clowning dude for supposedly being broke, for going through a divorce with his wife,” Jack wrote. “I’ve seen him humiliate and disgrace so many people, throw so many souls under the proverbial bus that even then, I knew that the sh*t he’s publicly suffering through now was coming, inevitable, ony a matter of time…Damon Dash might just could come back and land on top again. He’s brilliant like that, and being an a**hole is his strongest suit. But before that time comes, there’s a whole lotta h*ll for him to pay. And in this lifetime.” (Daily Mathematics)

The Roc-A-Fella Records co-founder spoke about his legal issues and current hip-hop affairs earlier this week.

“My mistake was watching everyone else’s careers and not watching mine,” Dame explained. “After being able to settle my wife’s company, I was able to start doing other things. My first approach was the music business and getting with Jim Jones. At first I wanted to help him because I’ve known him since he was young and me listening to the album and thinking it was really good. I thought it deserved to be heard outside of the urban market. So I spent the last six months doing research, trying to figure out how to use all my resources to blow this out.” (Billboard)

Dash has been spotted working on a variety of projects with Jones as of lately.

This week saw the arrival of Jim Jones “Hip-Hop Monolgues” at 37 Arts. In an MTV interview, Jones and Damon Dash express their desire to take the show to Broadway. Jones and Dash have a packed schedule in the coming months. They’re currently deciding the proper venue to release the documentary “This Is Jim Jones” and then there’s a movie based on Byrd Gang, but Dash says their aspiration is to eventually get “Hip-Hop Monologues” on Broadway. (MTV)

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