13th Annual Wall Street Project Economic Summit Meets in NYC January 13-15, 2010

WHAT:

The Rainbow PUSH Wall Street Project and the Citizenship Education Fund host the 13th annual gathering of the Wall Street Project Economic Summit. This year's summit, "Targeted Stimulus: A Call to Equity & Parity," focuses on strategies to directly invest in job creation, minority businesses and underserved communities, including those in the Caribbean.

Reverend Jesse L. Jackson, Sr., created the Wall Street Project to spur access to capital, industry and technology for minority businesses and communities.  (www.rainbowpush.org – for more information)

Rev. Jackson will also discuss during the press conference:

• The Foreclosure Crisis: What homeowners can do to halt foreclosures? (Those who are facing foreclosures are asked to come in as there will be bankers and advisors on staff to assist in negotiating and stopping their foreclosures.) And, Modifying Home Loans: Why mortgage-servicing companies must modify existing home loans.

• Student Loan Defaults: Why are students paying so much in interest for their loans and graduating without jobs.

• Gov. David Paterson: Will receive an award for his commitment to minority business growth opportunities.

• The purpose for the 13th Annual Wall Street Project Economic Summit. Agendas will be distributed.

WHO:

Rev. Jesse L. Jackson Sr., Founder, National Rainbow PUSH

Governor David Paterson, New York State

Secretary Tom Vilsack, Department of Agriculture

Congresswoman Maxine Waters

Congresswoman Yvette Clarke

Alfred C. Liggins, III, CEO, Radio One

Chris Williams, CEO, Williams Capital Group

Donna Sims-Wilson, President, M.R. Beal

John Rogers, CEO, Ariel Investments

John Utendahl, CEO, Utendahl Group

Rev. Dr. James Forbes, President & CEO, The Healing of the Nations Foundations

Marc H. Morial, President, National Urban League

Mellody Hobson, President, Ariel Investments

WHEN:

Wednesday, January 13 – Friday, January 15, 2010

WHERE:

Sheraton New York Hotel and Towers

811 7th Avenue (Between 52nd & 53rd Streets), New York, NY 10019

Press Briefing - Wednesday, January 13, 2010, 11:00 a.m.

Riverside Suite, 3rd Floor

Press Office & Press Sign in – Carnegie Suite East, 3rd Floor  

Office Hours 9:00 a.m. – 5:00 p.m.

Highlights of the three-day summit will include:

• Governor David Paterson highlighting his outstanding initiatives to spur economic inclusion for minority firms in New York

• Secretary Tom Vilsack and his team from the Department of Agriculture will highlight the economic and inclusion initiatives under the jurisdiction of his department – including access to broadband - relevant to small and minority businesses and families.

• A special plenary with Goldman Sachs will be presented highlighting their recently announced 10,000 Small Business initiative.

• Representatives from HUD, SBA and civil rights organizations will participate in an economic roundtable focusing on the need for a Stimulus II to create jobs, expand lending to small businesses, and targeting "points of pain" in our communities.  Other components of the Economic Summit will focus on entrepreneurship strategies, a career business expo, and a special youth seminar presented by McDonalds and Macys.

• At the annual 1000 Churches sessions on Thursday, January 14, ministers, housing agencies and advocates, and banks will discuss the housing foreclosure crisis, and unfold new strategies to engage churches in home foreclosure prevention ministry.

Contact:

Renee E. Warren

[email protected]

646.344.2630

Michelle A. Pascal

917.715.3659

Thysha M. Shabazz

757.450.3655

Lauren Love

www.wallstreetproject2010.org

[email protected]

www.rainbowpush.org

773.256.2714