The federal government doesn't want Federal Reserve Board Chairman Ben Bernanke to submit to questioning concerning a lawsuit filed in the aftermath of the 2008 federal rescue of American International Group.
The $25 billion dollar lawsuit deals was filed against the U.S. by former AIG CEO Maurice "Hank" Greenberg through Starr International, a company he now controls and that formerly owned more than 13 percent of AIG stock. Greenberg alleges the U.S. violated AIG shareholders' constitutional rights by the way it handled the bailout of AIG.
Judge Thomas Wheeler in late June cleared the case for trial, and then approved a motion by Greenberg lawyer David Boies at Boies, Schiller & Flexner, to depose Bernanke on Aug. 16 but the Department of Justice has stepped in with a filing in the U.S. Court of Appeals for the Federal Circuit to stop the deposition.
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