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Chrysler Financial/Amber Gowen
HIP-HOP SUMMIT ACTION NETWORK IN DETROIT FOR 2006 HIP-HOP SUMMIT
ON FINANCIAL EMPOWERMENT
ACADEMY AWARD WINNER THREE 6 MAFIA, RUSSELL SIMMONS, KIMORA LEE SIMONS REGGAETON SUPERSTAR DON OMAR, MC LYTE, DOUG E. FRESH, OBIE TRICE, STAT QUO, BOBBY CREEKWATER AND RADIO ONE’S SPUDD TO PARTICIPATE
DETROIT – MARCH 13, 2006 – The Hip-Hop Summit Action Network (HSAN), title sponsor Chrysler Financial and presenting sponsor Anheuser-Busch, Inc. will kick-off the second year of the “Get Your Money Right” financial literacy and empowerment national tour in
Detroit, Mich. The Summit will take place on March 25 on the campus of Wayne State University’s Bonstelle Theatre, located at 3424 Woodward Avenue in Detroit. Doors open at 12:30 p.m. and the Summit program will run from 1:30-3:30 p.m. Tickets for the Detroit Hip-Hop Summit on Financial Empowerment are available at www.hot1027detroit.com and www.hsan.org.
Artists participating on the panel of the Detroit Hip-Hop Summit on Financial Empowerment include Russell Simmons, Kimora Lee Simmons, Three 6 Mafia, Don Omar, MC Lyte, Doug E. Fresh, former Detroit Piston Derrick Coleman, Obie Trice, Stat Quo, Bobby Creekwater and Spudd from Radio One. Dr Benjamin Chavis, President/CEO of HSAN and Doug E. Fresh will co-moderate the Summit. The media partner for the Detroit Hip-Hop Summit on Financial Empowerment is Radio-One Detroit’s Hot 102.7 WHTD-FM. Community partners include Dr. Irvin D. Reid, President of Wayne State University (WSU) and the entire WSU community, office of Detroit Mayor Kwame Kilpatrick, office of Congressman John Conyers, the Detroit Hispanic Development Corporation and the Detroit Urban League. Supporting sponsor is Shady Records.
Celebrities and financial experts will speak to an audience of 18-35 year olds on the importance of financial literacy, the basics of banking, home ownership, repairing bad credit and understanding credit scores, entrepreneurship, vehicle financing and more. A financial workbook will be given to all participants and is available in both English and Spanish. The “Get Your Money Right” tour will include stops in five additional cities, including April 22 in New York, May 20 in Miami, September 16 in Atlanta, September 30 in Los Angeles and October 14 in Dallas.
“Poverty and basic lack of knowledge must be challenged,” emphasized Russell Simmons, Chairman of HSAN. “’Get Your Money Right’ is more than a theme. It is an achievable goal when you have the right information. We have high aspirations, but we know to fulfill the aspirations of the hip-hop generation, we have to take the subjects of financial literacy and empowerment seriously and talk with youth in a manner appealing to them.”
“HSAN understands attainment of financial literacy is a life long process and with their support we have found a way to provide the basics of money management with the ultimate goal of raising the awareness and importance of sound financial habits in summit participants,” said William F. Jones Jr., Vice President – Chrysler Financial. “Artists sharing their personal stories have been an effective teaching method.”
“The Hip-Hop Summit Action Network consistently taps into the consciousness of our youth, providing them with not only knowledge, but tools that will help them prepare for a future in which the decisions they make today will determine the opportunities they have tomorrow,” declared Johnny Furr, Vice President, Urban Marketing and Community Affairs, Anheuser-Busch, Inc. “Anheuser-Busch is proud to continue our partnership with, and support of, the Summits and the Hip-Hop Summit Action Network, which make a real and lasting difference in the lives of young people in communities across the nation.”
About Chrysler Financial
Chrysler Financial offers a complete line of world-class automotive financial products and services for both dealers and consumers of Chrysler, Jeep® and Dodge vehicles. In addition to offering vehicle wholesale and retail financing, Chrysler Financial provides fleet management and lines of credit to Chrysler Group dealers. As an industry leader in automotive financing, Chrysler Financial provides its customers with the most innovative and efficient methods of doing business. For more information on Chrysler Financial visit www.chryslerfinancial.com .
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 .
About Hip-Hop Summit Action Network:
Founded in 2001, the Hip-Hop Summit Action Network (HSAN) 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, national 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. For more information, go to www.hsan.org.