Bernanke May Testify In Starr's $55B AIG Bailout Suit

Law360, Los Angeles (January 29, 2014, 10:29 PM EST) -- Federal Reserve Chairman Ben Bernanke may have to testify in Starr International Co. Inc.’s $55.5 billion suit over the American International Group Inc. bailout when he leaves office at the end of the month, according to reports late Wednesday.

The outgoing chairman had previously dodged deposition when the Federal Circuit ruled he would not have to reveal his or his board’s processes to arrive at the decision to bail out the $58 billion insurance corporation while in office, but that ruling may become irrelevant when he...
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