AIG Shareholders Have Day in Court: What's at Stake?

The video discusses a lawsuit by AIG shareholders against the US government, claiming illegal seizure of shares during the 2008 bailout. The trial, taking place in Washington DC, involves key figures like Ben Bernanke and Henry Paulson. The case, filed in 2011, raises constitutional issues under the Fifth Amendment, with $40 billion in damages sought. The trial's outcome could have significant financial implications, with AIG potentially indemnifying the government.

What was the judge's stance on the trial proceeding despite the public speaking engagements of key witnesses?

How much in damages are the AIG shareholders seeking, and what is the potential implication for the government?