Ben Bernanke Will Testify In Hank Greenberg’s Witch-Hunt

Snowflake’s daddy may not be able to sue the New York Fed, but his lawyers will be allowed a little chat under oath with the Fed’s soon-to-be-former chairman.

Filed in Federal Claims Court in Washington, D.C., the lawsuit alleges that the government takeover of AIG had elements that were unconstitutional, including that the government took valuable property from Starr and other AIG shareholders without just compensation. Starr is seeking billions in damages.

Mr. Greenberg’s legal team has sought the deposition for months. In October 2013, the U.S. Court of Appeals for the Federal Circuit ruled Mr. Bernanke didn’t have to provide testimony in the lawsuit, at least until his term expires on Jan. 31, 2014. The Federal Circuit ruling overturned a decision made by the lower claims court that Mr. Bernanke should be required to give testimony to attorneys representing Starr International….

Late last week, the Federal Reserve told Mr. Greenberg’s legal team that it wasn’t objecting to the testimony after Mr. Bernanke leaves the post. Mr. Bernanke intends to give the deposition before the end of February, the person involved in the case said.

Gasparino on upcoming Bernanke deposition in Greenberg vs. Government [FBN]
Bernanke to Testify in AIG Bailout Case [WSJ]

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8 Responses to “Ben Bernanke Will Testify In Hank Greenberg’s Witch-Hunt”

  1. Qzza says:

    Your guidance consular once said you’d be lucky to drive a bus for a living. Well Jon, you’ve proved that bitch wrong.

  2. Meth Levine says:

    Liberals are quite bluntly the dumbest and most ignorant mother####rs. They swallow this absurd political-correctness, they swallow the global warming climate change stinking horshit, they swallow the baldfaced lies of Obama and his ruling-class cronies and string-pullers. They eat the s#1t sandwich with great delight.

  3. Not Shaz's work says:

    Shaz, how long did it take you to get Bess to do the tags and picture caption for you?

  4. Rebecca M. says:

    So….is Hank suing to return his personal capital gains from the AIG takeover?