US judge says ex-AIG CEO can depose Bernanke over bailout

“Federal Reserve Chairman Ben Bernanke should testify in the lawsuit by American International Group Inc’s former chief Maurice ‘Hank’ Greenberg against the United States over the insurer’s 2008 bailout, a judge ruled on Monday.  Judge Thomas Wheeler of the U.S. Court of Federal Claims rejected the government’s effort to keep Bernanke from being deposed, saying the Fed chairman was a ‘central figure’ in the decision to bail out AIG. ‘Indeed, the court cannot fathom having to decide this multi-billion dollar claim without the testimony of such a key government decision maker,’ Wheeler wrote.”

http://www.cnbc.com/id/100908109

The Freedom Watch Staff

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