At Morris Brown College on Saturday, November 3, 2007
Russell Simmons, Jermaine Dupri, Yung Joc, T-Pain, Cassidy, LeToya Luckett, Huey, Belly, Young Berg, Bryan-Michael Cox, Lil X, Free, Dr. Benjamin Chavis and Chrysler Financial's Keith Myricks, Monique Tate and Sauna Witherspoon to Headline Atlanta Hip-Hop Summit
ATLANTA, Oct. 29 /PRNewswire/ -- On Saturday, November 3, the Hip-Hop Summit Action Network (HSAN) is coming back to Atlanta with the timely message of financial literacy as the Hip-Hop Summit on Financial Empowerment "Get Your Money Right" International Tour makes its final stop at Morris Brown College.
With the recent housing market crash affecting the economy, jobs, student loans and consumer confidence, young people need some sound financial advice on how to best manage their money and navigate through this volatile economic environment.
The Hip-Hop Summit Action Network and title sponsor Chrysler Financial are pleased to bring the Financial Empowerment Summit to Morris Brown College's John Lewis Gymnasium at 643 Martin Luther King, Jr. Drive. The program takes place from 1:30-3:30 p.m. Doors open at noon. Tickets for the Atlanta Summit are free and available at www.hsan.org. The presenting sponsor is Anheuser- Busch, Inc.
Joining HSAN Co-Chairmen Russell Simmons and Dr. Benjamin Chavis in Atlanta will be Georgia's own Jermaine Dupri and Yung Joc, R&B star LeToya Luckett, hip-hop artists T-Pain, Cassidy, Young Berg, Belly and Huey, producer Bryan-Michael Cox, video director Lil X and Chrysler Financial's Keith Myricks, Monique Tate and Sauna Witherspoon. Television personality, Free, will co-moderate the Summit with HSAN CEO/President Dr. Benjamin Chavis.
Bloomberg recently wrote, "The housing recession is making it harder for Americans to tap home equity to finance the spending that accounts for 70 percent of the economy. A slowdown in hiring and slimmer pay raises may further weaken consumer sentiment and purchasing power as overall growth slows." Reuters reported, "The multibillion-dollar market for securitized student loan debt faces new stresses as Congress moves to reshape the troubled student loan industry."
Russell Simmons emphasized, "The Atlanta Hip-Hop Summit will be another milestone as it will mark our 71st Hip-Hop Summit. We have been able to witness over and over again a tremendous gathering where the best of hip-hop is met with the best of financial literacy. "Get Your Money Right" is an essential step toward getting your life right. This is exactly what hip-hop is authentically about and that is empowerment.
The Hip-Hop Summit on Financial Empowerment is a grassroots effort to help engage young people in discussions about the importance of personal finance. The "Get Your Money Right" agenda features an interactive panel discussion on financial literacy, including such topics as the basics of banking, repairing and understanding credit scores, asset and wealth management, vehicle financing and home ownership.
The Hip-Hop Summit on Financial Empowerment's "Get Your Money Right" International Tour, now in its third successful year, brings together the powerful combination of hip-hop stars and Chrysler Financial experts to speak to students and community members about the importance of financial literacy.
The tour will utilize the "Get Your Money Right" workbook, produced and distributed by HSAN in both English and Spanish and given to all participants. The workbook is free and is also downloadable at www.hsan.org.
"How we as consumers manage our money determines our credit worthiness, provides us with access to financial tools, such as mortgages and affects our overall quality of life," said William F. Jones Jr., Chief Operating Officer - - Chrysler Financial. "At the Summit our employee volunteers will empower participants to make good financial choices that will benefit them for a lifetime because it is easier to establish good credit initially than to repair bad credit later."
"The opportunity to live productively begins with a plan that mandates personal financial responsibility," said Johnny Furr, Vice President of Urban Marketing and Community Affairs for Anheuser-Busch, Inc. "We consider it a real benefit to support HSAN's mission to provide young people with the tools, knowledge and inspiration they need to begin creating the futures they want tomorrow, today."
Dr. Benjamin Chavis concluded, "The 2007 Tour on Financial Empowerment has been a great tour and we will culminate in the ATL. Thousands of young people's lives have been positively transformed as a result of our "Get Your Money Right" Summits. Especially with the powerful hip-hop talent and genius resident in Atlanta, the Summit at Morris Brown College will be off the hook!"
Community partners for the Summit include the Historically Black Colleges and Universities Network, and the Atlanta Urban League. The media partner for the Atlanta Hip-Hop Summit is V-103.
About Chrysler Financial
Chrysler Financial offers automotive financial products and services to both dealers and consumers of Chrysler, Jeep (R) and Dodge vehicles in the U.S., Canada, Mexico, Puerto Rico and Venezuela. In addition to offering vehicle wholesale and retail financing to more than 4,400 Chrysler, Jeep and Dodge dealers, Chrysler Financial also provides fleet management and lines of credit to dealers. Currently, nearly three million drivers in the United States enjoy the benefits of leasing or financing with Chrysler Financial. Chrysler Financial has an employee base of 4,200 and supports a global portfolio of $75 billion. For more information visit www.chryslerfinancial.com.
About Anheuser-Busch
Based in St. Louis, Anheuser-Busch Cos., Inc. is the leading American brewer holding 50 percent of the U.S. beer market. The company is American- owned and brews the world's largest-selling beers, Budweiser and Bud Light. Anheuser-Busch is ranked first in the U.S. beverage industry in Fortune magazine's 2005 "America's Most Admired Companies" and in the top 30 on Fortune's 2005 "Global Most Admired Companies" list. The company is one of the largest theme park operators in the United States, is a major manufacturer of aluminum cans and is the world's largest recycler of aluminum beverage containers. For more information, visit www.anheuser-busch.com or www.africanamericanbud.com.
About Hip-Hop Summit Action Network
Founded in 2001, the Hip-Hop Summit Action Network is dedicated to harnessing the cultural relevance of hip-hop music to serve as a catalyst for education advocacy and other societal concerns fundamental to the well being of at-risk youth throughout the United States. HSAN is the largest non-profit, worldwide coalition of hip-hop artists, entertainment industry leaders, education advocates, civil rights proponents, and youth leaders united in the belief that Hip-Hop is an enormously influential agent for positive social change which must be responsibly and proactively utilized to fight the war on poverty and injustice.
Source: Chrysler Financial
CONTACT: Jody L. Miller, +1-212-431-5227 (office), +1-917-770-3970
(cell), jody@jlmpr.com, or Pamela Lipshitz, +1-212-431-5227 (office),
+1-917-859-6852 (cell), lip@jlmpr.com, both for Hip-Hop Summit Action Network;
or Amber Gowen of Chrysler Financial, +1-248-427-3126 (office),
+1-248-930-6174 (cell), arp11@chryslerfinancial.com
Web site: http://www.corp.chryslerfinancial.com/
http://www.anheuser-busch.com/
http://www.africanamericanbud.com/
