CODEPINK Holds Overnight Vigil for a People’s Bailout on Eve of Second AIG Hearing

For Immediate Release

Organization Profile: 
Contact: 

Jean Stevens, national media coordinator, 508-769-2138
Medea Benjamin, CODEPINK co-founder, 415-235-6517

CODEPINK Holds Overnight Vigil for a People’s Bailout on Eve of Second AIG Hearing

Will represent public outrage when Geithner and Bernake testify

WASHINGTON - The "ladies in pink" from last week's AIG hearing will be holding an
overnight vigil TONIGHT outside the Rayburn Office Building here, with
a pink bed full of weary taxpayers who are tired of bailing out Wall
Street. In the morning, the CODEPINK women will be first in line to
attend the second House Financial Services Committee hearing on AIG at
10 a.m. Tuesday, representing the public outrage over the ongoing
bailout of Wall Street over Main Street, and Treasury Secretary
Geithner's mismanagement of the economic crisis. Some will be dressed
as fat-cat bankers getting bonuses for wrecking the economy; others
will be dressed as taxpayers who have literally "lost their shirts."

"We, the American public, are sick and tired of bailing out the
ones who got us into this mess, and wasting billions more on war," said
Medea Benjamin, CODEPINK co-founder. "We should take over the banks and
stop the wars. We should put our funds into health care, housing, green
jobs and education, not bailouts and bombs."

At the first AIG hearing March 18 here, a handful of CODEPINK women
sat behind AIG CEO Edward Liddy, holding signs with messages including
"Give Our Money Back," "Fire Geithner" and "AIG (arrow) JAIL." (Read
this Los Angeles Times story describing their presence at the hearing here).

The six women, who arrived at 5 a.m. to get seats at the hearing,
said they meant to send the message that Congress must hold the bankers
accountable for bringing down the American financial system, that it
must no longer bail them out with taxpayer money, and that it must stop
swindling Americans by draining their pockets on two major wars. They
also called for the firing of Treasury Secretary Geithner.

"Geithner is too close to Wall Street to look at this financial
crisis through the eyes of Main Street," Benjamin said. "We need people
in charge who will stop paying ‘cash for trash', who will stop
socializing losses and privatizing profits. We need to take over the
banks and bailout the taxpayers."

For more information and interviews, please call Medea Benjamin at 415-235-6517.

WHAT: CODEPINK to camp/vigil outside House building, attend second AIG hearing

WHEN: MIDNIGHT TONIGHT (camp-out/vigil) through 10 a.m. March 24 (hearing)

WHERE: Outside Rayburn House Office Building (camp-out/vigil); 2128 Rayburn House Office Building (hearing), Washington
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CODEPINK is a women-initiated grassroots peace and social justice movement working to end the wars in Iraq and Afghanistan, stop new wars, and redirect our resources into healthcare, education, green jobs and other life-affirming activities. CODEPINK rejects foreign policies based on domination and aggression, and instead calls for policies based on diplomacy, compassion and a commitment to international law. With an emphasis on joy and humor, CODEPINK women and men seek to activate, amplify and inspire a community of peacemakers through creative campaigns and a commitment to non-violence.

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