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...customers in the door. "People are creatures of habit. They grew up and saw their parents going to check cashers, and they continue their parents' habits," says Ignacio Valenzuela, who runs Union Bank's alternative financial services. Another problem is perception. "Many people don't trust banks," says Hank Shyne, director of the Financial Service Centers of America, a trade group representing the check-cashing industry. "They have that fear of being overdrawn. They are much more comfortable dealing with cash," he says...

Author: /time Magazine | Title: Profiting from the Unbanked | 8/16/2007 | See Source »

Sometimes a prison sentence is a career move. Ask rapper SHYNE, a.k.a. Jamal Barrow, a Sean (P. Diddy) Combs protege, convicted for assault in 2001 after the now famous 1999 shooting at a New York City nightclub. Though Barrow is serving a 10-year sentence and may not be up for parole until 2009, Def Jam Records reportedly signed him to a record deal, worth up to $3 million, after a bidding war with at least two other labels. Alas, his touring schedule will be limited...

Author: /time Magazine | Title: Martha, Take Note | 4/26/2004 | See Source »

...lawyer stated that his client was not guilty, helpfully adding that "other celebrities have often used armed security guards." Jay-Z's arrest came shortly before he was due to appear in court to face charges that he stabbed a record exec and only weeks after Shyne, protector of P. Diddy, was convicted of assault charges. It's a hard-knock life for those of us packing for business reasons...

Author: /time Magazine | Title: People: Apr. 23, 2001 | 4/23/2001 | See Source »

...JAMAL (SHYNE) BARROW Puffy Combs' hip-hop protege found guilty in club shooting while Puff walks...

Author: /time Magazine | Title: Notebook: Mar. 26, 2001 | 3/26/2001 | See Source »

...case in which testimony recounts guys named Puffy, Shyne and Wolf crossing paths with a guy named Scar is sure to have some fascinating moments. Last Friday's denouement, in which a New York Supreme Court jury declared SEAN (PUFFY) COMBS not guilty on weapons-possession and bribery charges stemming from a nightclub incident in which three people were shot, didn't disappoint. The Puffy-partisan courtroom exhaled a collective sigh of relief, Johnnie Cochran hugged his second most famous client, and Puffy's mother JANICE, who had brought him brown-bag lunches throughout the seven-week trial, thanked...

Author: /time Magazine | Title: People: Mar. 26, 2001 | 3/26/2001 | See Source »

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