“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
HSBC economist: "There aren't enough lifeboats to go around"
Dad Finds 4th-Grader's Crayon-Written Paper: ‘I'll Give Up Constitutional Rights To Be Safer'
Tampa RNC 2012 Arrest Video - Public Service Announcement
Airbus patents plane that could fly from Paris to Tokyo in three hours
Trump to courts: Stop opposing my travel ban, because here's another one
U.S. chooses Afghanistan for first "mother of all bombs" drop
Has military Keynesianism come to an end?
EU wants privacy guarantees from U.S. amid PRISM crisis
Older homeowners falling more into foreclosure
Central banks last year bought most gold since '64
Disabled man plans to sue after being tased by officer on bus
Brazil Halts Muni Market as Banks Collect $140 Mln Fees
China produces as much CO2 per person as Europe
Steinway Agrees to Be Bought by Paulson for $512 Million
Don't buy Russian stocks, White House says in Crimea dispute