FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that outgoing Federal Reserve Chairman Ben Bernanke “will be giving testimony” in the American International Group Inc (NYSE:AIG) lawsuit. Gasparino went on to report that Judge Thomas Wheeler is saying that Bernanke “is going to have to give this testimony sometime in February.”
Excerpts from the report are below.
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On whether outgoing Federal Reserve Chairman Ben Bernanke will be forced to testify in the AIG lawsuit:
“Ben Bernanke, the former Fed Chair who was intimately involved in the bailout of American International Group Inc (NYSE:AIG), from what we hear, we are getting this from Hank Greenberg’s attorneys, he will be giving testimony in this case….when he gives testimony is unclear. From what I understand the federal judge that’s in the middle of this, Thomas Wheeler, is saying that he is going to have to give this testimony sometime in February.”