Toronto 2007 Hip-Hop Summit stresses financial literacy; Gabrielle Union, Essence Atkins, Belly, Letoya Luckett and other hip-hop celebrities empower young people to get their money right at second international Financial Hip-Hop Summit



    TORONTO, Aug. 20 /CNW/ - The Hip-Hop Summit Action Network and Chrysler
Financial Canada convened its second international Hip-Hop Summit at Toronto's
Hummingbird Centre on Saturday, August 18, 2007 to empower young people with
the basics of financial literacy.
    Gabrielle Union, Essence Atkins, hip-hop stars Belly and Keisha Chante,
R&B/pop star Letoya Luckett, seminal hip-hop artist and radio personality
Monie Love, DJ Starting From Scratch, local hip-hop entrepreneur Charles
Brown, Gino Cozza, President and Chief Executive Officer for title sponsor
Chrysler Financial Canada, and Chrysler Financial experts Monique Tate and
Stanford Wongus joined Summit co-moderators HSAN President/CEO Dr. Benjamin
Chavis and Executive Director Valeisha Butterfield for the 2007 Toronto "Get
Your Money Right" Summit.
    The attentive audience absorbed critical information on how to establish
a stable financial foundation and how to build upon it. In response to an
audience question about the meaning of net worth, Gabrielle Union responded by
putting net worth into different terms. "Net worth is your assets minus your
liabilities, but you have to look at it holistically; your net worth is more
than a numeric formula, it's also the quality of your mind, body and spirit."
    Former Destiny's Child member, Letoya Luckett, a fashion entrepreneur
with her own retail clothing business in Houston, TX, offered this as she held
up the "Get Your Money Right" workbook, "Read this book! It's so important to
get your information right. I learned that I had to protect my credit score,
pay my bills on time and be persistent in attaining my life goals."
    "I look at this audience and see a lot of potential," actress Essence
Atkins emphasized. "We are all up here because we made good choices, worked
hard, delayed gratification and had self-discipline." Canadian rap star Belly
agreed. "I treat every opportunity like it's my last," he declared. "You have
to get up early each day to get out there and accomplish your goals."
    "There are three areas of community development that are significant with
respect to the Hip-Hop Summit," said Gino Cozza, President and CEO -- Chrysler
Financial Canada. "They are: empowering youth to strive for a better financial
future, increasing the level of financial literacy among our community and
bringing truth to the statement that small steps can lead to great
accomplishments. This is why Chrysler Financial is proud to be the title
sponsor of the Hip-Hop Summit in Toronto."
    Dr. Benjamin Chavis affirmed, "Today's Toronto Summit displayed, once
again, how hip-hop culture is becoming stronger and more vibrant across
Canada. The attentiveness of the audience reconfirmed the hunger and thirst of
young Canadians for basic financial literacy information. Toronto is one of
the most diverse cities in the world and it was a pleasure to witness such a
diverse group of young people come together." The "Get Your Money Right"
workbook, which will be given to all participants, is available in both
English and Spanish and is downloadable on the www.hsan.org site.
    The media partner for the Toronto Hip-Hop Summit was radio station The
FLOW 93.5FM and Much Music. Community partners include Tropicana Community
Services, Urbanology Magazine, Laidlaw Foundation, Universal Urban and Credit
Counseling Service of Toronto.

    About Chrysler Financial Canada

    Chrysler Financial offers a complete line of world-class automotive
financial products and services for both retailers and consumers of Chrysler,
Jeep(r) and Dodge vehicles. In addition, Chrysler Financial offers vehicle
wholesale and retail financing, capital loans, mortgages and lines of credit
to all 450 Chrysler, Jeep and Dodge retailers. 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 Canada visit www.chryslerfinancial.ca.

    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 further information:

For further information: Jody L. Miller, Pamela Lipshitz, JLM PR, Inc.,
(212) 431-5227, jody@jlmpr.com, lip@jlmpr.com; Jelena Jelich, Chrysler
Financial Canada, (519) 561-9627, js399@dcx.com

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DAIMLERCHRYSLER FINANCIAL SERVICES CANADA INC.

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