Hip-Hop Summit Action Network Returns to Miami

Financial Empowerment “Get Your Money Right” International Tour at Florida Memorial University on Saturday, Oct. 20, 2007

Russell Simmons, Trina, Gabrielle Union, Ne-Yo, Letoya Luckett, Joell Ortiz, Belly, Huey, Free, Dr. Benjamin Chavis and Chrysler Financial’s Keith Myricks and Leonard Martin Headline Miami Hip-Hop Summit

Miami, Oct 15, 2007 - On Saturday, Oct. 20, the Hip-Hop Summit Action Network (HSAN) is coming back to Miami with the timely message of financial literacy bringing the Hip-Hop Summit on Financial Empowerment "Get Your Money Right" International Tour to the Sunshine State.

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.

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."

The Hip-Hop Summit Action Network and title sponsor Chrysler Financial are pleased to bring the Financial Empowerment Summit to Florida Memorial University's A. Chester Robinson Athletic Center at 15800 Northwest 42 Ave. in Miami Gardens, Fla. The program takes place from 1:30-3:30 p.m. Doors open at noon. Tickets for the Miami Summit are free and available at http://www.hsan.org . The presenting sponsor is Anheuser-Busch, Inc.

Joining HSAN Co-Chairmen Russell Simmons and Dr. Benjamin Chavis in Miami will be local hip-hop legend Trina, actress Gabrielle Union, R&B/Pop stars Ne-yo and LeToya Luckett, Latin hip-hop artist Joell Ortiz, rappers, Belly, Huey, entrepreneur Michael Chatman and representatives from Chrysler Financial Keith Myricks and Leonard Martin. Television personality Free will co-moderate the Summit with HSAN CEO/President Dr. Benjamin Chavis.

Russell Simmons emphasized, "With the proper education and information about financial literacy, a young person today can work hard and still be successful, even during the current economic environment. Hip-hop is about creating and maximizing opportunity. It is about transforming the American dream into a living reality. Our "Get Your Money Right" Hip-Hop Summits are about helping young people empower themselves with the basic tools of financial 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, "Hip-hop is on fire in Miami with some of the best talent and artistic genius. Every time we come to Miami for a Hip-Hop Summit, thousands of people are positively impacted. The 2007 "Get Your Money Right" Tour is right on time to give young people in South Florida another important installment of how to build a strong financial future with the right preparation. Hip-hop is about empowerment and we will rock the stage at Florida Memorial University with financial literacy."

Community partners for the Summit include Florida Memorial University, Historically Black Colleges and Universities Network, Miami Urban League and Barry University. The media partner for the Miami Hip-Hop Summit is JAMZ99 – WEDR-FM.

The 2007 "Get Your Money Right" tour will make one more stop in 2007 in Atlanta, Ga., on Nov. 3.

Source: Chrysler LLC

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