Hip-Hop Summit on Capitol Hill: Washington, D.C. Hip Hop Summit on Financial Empowerment Convenes on Saturday, September 29, 2007

Hip-Hop Summit on Capitol Hill: Washington, D.C. Hip Hop Summit on Financial Empowerment Convenes on Saturday, September 29, 2007

-- Congressional Black Caucus Foundation Welcomes Hip-Hop Summit Action Network "Get Your Money Right" International Tour

-- Russell Simmons, Mya, Mike Jones, Questlove from The Roots, Lyfe Jennings, Tabi Bonney, Belly, Lil Boosie, Bun B of UGK, Free and Dr. Benjamin Chavis to Take the Stage at the Washington Convention Center

WASHINGTON, Sept. 25 /PRNewswire/ -- One of the major highlights of this year's Congressional Black Caucus Foundation (CBCF) Annual Legislative Conference (ALC) will be the Washington, D.C. Hip-Hop Summit on Financial Empowerment. Thousands of young people will gather at the Washington Convention Center, 801 Mt. Vernon Place NW, Hall A, 1:30-3:30 p.m. on Saturday, September 29, 2007 to participate in the Hip-Hop Summit Action Network (HSAN) "Get Your Money Right" financial literacy international tour.

With the recent housing market crash in the United States affecting the economy, jobs, student loans and consumer confidence, young people are eager to receive sound financial advice on how to best manage their money and navigate through this volatile economic environment.

Bloomberg recently reported, "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 recently announced, "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 Washington, D.C. during the CBCF's national annual event. Doors at the Convention Center will open at noon. Tickets for the D.C. Summit are free and available at www.hsan.org. The presenting sponsor of the Summit is Anheuser-Busch, Inc.

Joining HSAN Co-Founders Russell Simmons and Dr. Benjamin Chavis in Washington, D.C. will be D.C.'s own Mya and Tabi Bonney; Questlove from the Roots; platinum selling R&B star, Lyfe Jennings; platinum selling hip-hop star Mike Jones; Belly; Lil Boosie and Bun B of UGK. Hip-hop television personality, Free, will co-moderate the Summit with Dr. Chavis.

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.

Russell Simmons affirmed, "We are taking back responsibility in this unique, but effective manner in encouraging youth to take the correct path toward financial success. 'Getting your money right,' helps to get your life right. Our Hip-Hop Summits are all about empowerment."

"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."

Community partners for the Summit include NAACP Washington, D.C. Branch; Greater Washington Urban League and College Summit. The media partner for the Washington, D.C. Hip-Hop Summit is Radio One's 93.9 WKYS FM.

Dr. Benjamin Chavis concluded, "I am so proud of this generation of hip- hop youth leaders. They are serious about wealth building not out of individual greed, but out of a collective desire to eliminate poverty. We are helping young people to make a positive difference in their quality of life and to promote the overall economic empowerment of communities."

The 2007 "Get Your Money Right" tour will make two more stops including Miami, Fla., October 20 and Atlanta, Ga., November 3.

About Chrysler Financial

Chrysler Financial offers automotive financial products and services to both dealers and consumers of Chrysler, Jeep, 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 (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, 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. www.hsan.org

First Call Analyst:
FCMN Contact: arp11@chryslerfinancial.com

Source: Chysler Financial

CONTACT: Jody L. Miller, JLMPR, Inc., +1-212-431-5227, or Cell: +1-917-
770-3970, jody@jlmpr.com, for Hip Hop Summit Action Network; or Amber Gowen,
Chysler Financial, +1-248-427-3126, Cell: 248-930-6174, or
arp11@chryslerfinancial.com

Web site: http://www.hsan.org/
http://www.chryslerfinancial.com/
http://www.anheuser-busch.com/
http://www.africanamericanbud.com/

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Profile: International Entertainment