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]

8 comments (hidden to protect delicate sensibilities)
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Comments (8)

  1. Posted by Qzza | January 30, 2014 at 1:20 PM

    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. Posted by Meth Levine | January 30, 2014 at 2:39 PM

    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. Posted by Quant me maybe... | January 30, 2014 at 2:43 PM

    Poser Because they USUALLY do it in MIXED CAPS LOCK with no punctuation that WAY you know they ARE crazy NON-FOX-NEWS WATCHING liberals.

  4. Posted by Guest | January 30, 2014 at 3:23 PM

    How did you learn how to use a computer ass hat?

  5. Posted by Meth Levine | January 30, 2014 at 4:29 PM

    How did you learn how to open mouth kiss your brother?

  6. Posted by Guest | January 30, 2014 at 4:40 PM

    I think there's a Rosetta Stone for that.

  7. Posted by Not Shaz's work | January 30, 2014 at 4:52 PM

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

  8. Posted by Rebecca M. | January 31, 2014 at 11:30 AM

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