For Immediate Release

CREW Launches - Keeping Tabs on All-Things TARP

WASHINGTON - Today, Citizens for Responsibility and Ethics in Washington (CREW) launched,
a new website that will serve as a central repository for the latest
news, reports, and congressional hearings related to the Troubled Asset
Relief Program (TARP).

Armed with $700 billion in taxpayer money, TARP has been charged
with keeping banks and other big businesses afloat during the economic
downturn. Since its inception, TARP has come under criticism for a lack
of transparency, oversight, and effectiveness. Just last week, it was
reported that AIG, an insurance and financial services company, used a
portion of its bailout funds to pay $218 million in bonuses to

Melanie Sloan, CREW's executive director, said, "The goal of
is to both educate the public and hold the government accountable for
all-things TARP. Before now, there has been no one place the American
taxpayer could go to keep tabs on the government bailout; aims to change that." Sloan continued, "With $700 billion at stake, diligent oversight is imperative. should become a go-to source for anyone trying to monitor how the government is spending our money."

Click here to visit


FRIENDS: Help Us Fight

Independent journalism has become the last firewall against government and corporate lies. Yet, with frightening regularity, independent media sources are losing funding, closing down or being blacked out by Google and Facebook. Never before has independent media been more endangered. If you believe in Common Dreams, if you believe in people-powered independent media, please support us now and help us fight—with truths—against the lies that would smother our democracy. Please help keep Common Dreams alive and growing. Thank you. -- Craig Brown, Co-founder

Support Common DreamsSupport Common Dreams

Citizens for Responsibility and Ethics in Washington (CREW) is a nonprofit 501(c)(3) organization dedicated to promoting ethics and accountability in government and public life by targeting government officials -- regardless of party affiliation -- who sacrifice the common good to special interests. CREW advances its mission using a combination of research, litigation and media outreach.

Share This Article

More in: