Jay-Z for President??!!

Jay-Z is in final negotiations to become president of Universal Music Group's Island Def Jam label, a person familiar with the negotiations said Tuesday. Discussions with the superstar rapper, whose real name is Shawn Carter, have been going on for weeks. Barring any last-minute snags, a deal should be finalized within the next 10 days, according to the source, who spoke on condition of anonymity. Since his first album in 1996, Jay-Z has achieved a string of radio hits, platinum albums and critical respect. After cranking out an album every year, Jay-Z released "The Black Album" last year and announced his retirement from recording. He still remains a major concert draw and is now touring with R&B superstar R. Kelly.