GM ends 9 year endorsement deal with Tiger Woods

 

General Motors Corp. was looking to cut costs and hoard cash while trying to survive the worst sales downturn in a quarter-century. And it said Monday the world’s No. 1 golfer wanted more time for himself, especially with a second child on the way.

“Timing is everything,” said Larry Peck, golf marketing manager for Buick. “We’ve had such a great partnership with Tiger. It’s hard for us to walk away from that. But this frees up time for him. And it sure frees up a lot of money for us.”

The endorsement deal, believed to be worth at least $7 million a year, was to expire at the end of 2009.

I wonder who else will be knocking down the doors to get this man.

Entertainers talk ECONOMY & WOMEN during panel discussion

 

BET recently announced on Friday that they plan to host 2 panel discussions next weekend at Clark Atlanta. The chosen topics are two that are perhaps the most interesting. The first will be called “Get Your Money Right” which will stress the importance of financial knowledge. The second will be called “Fly Girls Vote: Hip Hop Women for Change” which be focusing on the powerful voice that women hold in this election.

Assisting in these discussion are a diverse array of Hip-Hop artists and entrepreneurs, such as Ludacris, Russell Simmons, Dr. Benjamin Chavis, Fat Joe, Yung Berg, Brian Michael-Cox, Monica, Gorilla Zoe, and 106 & Park’s Terrence and Rosci.

The panel will commence on Friday October 17 from 5:00-7:00PM.

The second session on Saturday October 18.

Running from 11:00 AM -1:00 PM and hosted by pioneer MC Lyte, the discussion will first frame the potential of today’s female Hip-Hoppers through the lens of history.

Models to be reviewed include Sojourner Truth, Harriet Tubman, and more current examples in Shirley Chisholm, Sister Souljah, and Michelle Obama.

Confirmed so far for the growing panel list are cultural critic/journalist Michaela Angela Davis, Brown University professor of Africana Studies Tricia Rose, and activist Moya Bailey.

Also featured will be clips of the award-winning documentary Chisholm 72: Unbought and Unbossed, which details Shirley Chisholm’s historic 1972 bid to be the first black woman elected president.

Immediately following will be short Q&A session with director Shola Lynch and journalist Lola Ogunnaike.

Ecstatic about the valuable wealth of information being given, BET Networks Chairman and Chief Executive Officer Debra Lee marveled at the potential number of young lives that will be changed for the better.

“We’re so excited to bring the BET Hip-Hop Awards back to Atlanta for the third year in a row, and we couldn’t be more thrilled about partnering with these organizations for these timely and important panel discussions about financial literacy and the role women of color play in politics,” Lee explained. “BET Networks has always had a strong commitment to educating and empowering our audience, and these two forums will provide our audience with a unique and engaging opportunity to discuss and learn about two of the most critical issues of today.”

Both panels are free to the public and will precede the BET Hip-Hop Awards being held Saturday night October 18 at the Atlanta Civic Center.

This should be an interesting disucssion. I wish David Banner would make an appearance because he always has an interesting point of view on both topics. If you’re in the Atlanta area, make plans to attend. It could actually ..no WILL BE…enlightening.

Damon Dash–homeless?

 

What’s up with people not paying their bills? Are times that hard? Damon Dash seems to be the latest victim. According to Eastern Savings Bank in a recently filed lawsuit, Dash has a debt dating back to January on two houses in New York.

He has apparently missed all the $78,500 per month instalments since then and he could now face foreclosure on the $7.3m properties according to Page Six.

I could’ve sworn we were just talking about he and Rachel and how they’re gonna be these paid individuals, a powerful together.

Dame, PAY UP.