Bernanke to Give Deposition in American International Group Inc (AIG) Bailout Lawsuit

The Treasury Department provided about $68 billion to AIG through its Troubled Asset Relief Program, or TARP. The remainder, $114 billion, came from the New York Fed.

AIG became a symbol for excessive risk on Wall Street and was criticized, among other things, for paying millions of dollars in bonuses to executives after it was bailed out.

In recent years AIG has undergone a massive restructuring that cut its size in half and turned its focus to its core business of writing insurance.

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The article Bernanke to Give Deposition in AIG Bailout Lawsuit originally appeared on Fool.com and is written by Associated Press.

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