From Deseret News archives:

Simmons, hip-hop stars impart financial advice

Published: Sunday, Oct. 19, 2008 12:32 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
With the housing market in a slump, foreclosures on the rise and lenders keeping a tighter grip on mortgage money, about 2,000 interested consumers turned out Friday night to get real-estate advice from ... music stars.

Hip-hop music pioneer Russell Simmons, along with mortgage consultants and entertainment figures such as Ludacris, Yung Joc, Gorilla Zoe, D. Woods of the girl group Danity Kane and music executive Kevin Liles, spoke to the crowd at the event billed as the Hip-Hop Summit at Clark Atlanta University. It's tied to the Oct. 23 BET Hip-Hop Awards show.

The theme: "Urging People to 'Get Your Money Right!"'

Simmons believes now is the best time to buy a home because the property will eventually appreciate.

Comments

You can be the first to comment on this story.

previousnext

Latest comments

Editorial: 10 years of TRAX

Sorry earlier I meant to say that tracks seems to travel at 35 miles an hour...

'Peter Frumhoff, the director of science and policy at the Union of...

The Non-BCS crowd ought to create their own title game...their own brand, and...

Letters: Democrats' ethics

That's the whole of your defense of GOP resistance to badly-needed ethics...

Your criticism should hardly be focused on Bennett alone. What about all the...

'Wired's Threat Level blog reported on November 20 that Gavin Schmidt, a...

The reality of climate change is supported by multiple lines of evidence and...

BYU professor remembered

I had the priviledge of staying in the LeBaron home on severl occasions as I...

Letters: Growing jobless rate

So the unemployment rate has dropped to "just" 10%, huh? I wonder what that...

Ahh for the love of money...what money can buy!!!

Advertisements