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Fed PolicyInvestments

Ben Bernanke will not testify in AIG case

According to CNBC, Federal Reserve Chairman Ben Bernanke will not have to testify in the multi-billion dollar lawsuit filed by the former CEO of American International Group (AIG) against the United States over the insurer’s 2008 bailout.

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 AIG CEO Maurice "Hank" Greenberg.

Deposing Bernanke while he is in office could disrupt "significant" government activities, the panel said.

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Freddie Mac’s Donna Spencer on their Servicing Excellence initiative 

On today’s sponsored episode, Editor in Chief Sarah Wheeler talks with Donna Spencer, vice president of servicer relationship and performance management at Freddie Mac, to discuss their new Servicing Excellence initiative and the benefits for their partners. Related to this episode: Related to this episode: Servicing Excellence https://sf.freddiemac.com/articles/insights/servicing-excellence Forging a New Path: The Future of […]

3d rendering of a row of luxury townhouses along a street

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