Bernanke Does Not Have To Testify In AIG Bailout Lawsuit

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October 16, 2013 AT 1:12 PM
By Aruna Viswanatha WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke does not have to testify in the multibillion-dollar lawsuit by the former chief of American International Group Inc against the United States over the insurer's 2008 bailout, a federal appeals court said on Wednesday. The ruling, from the U.S. Court of Appeals for the Federal Circuit, overturned a lower court decision from July that said Bernanke should submit to a deposition by lawyers for former chief executive Maurice "Hank" Greenberg. ...