In the above Ustream clip, you can spy on Diddy while he works over the phone with Jay Electronica. At about the five minute mark, Diddy suggests that he wants to get the Bomb Squad (Public Enemy, Ice Cube) to produce for Jay Electronica.

“….I was telling you from way back when I wanted to get in and do some shit the with Bomb Squad,” he revealed. “Some of this shit is perfect for some really…bringing the essence of this shit back….shit is like riding a bike. Them niggas got some fuckin’ jewels, they got that shit that we don’t know….”

Jay is apart of Diddy’s Firm-esque project, Supreme Team, which is rumored to also include Nicki Minaj, Rick Ross, and Fabolous.  He also name drops guests for Last Train To Paris, guests including Justin Timberlake, Rick Ross, Drake, Lil’ Wayne, Bilal, and “some surprises in the clutch.”

It was all dream.