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Hank Paulson Appears In Court To Comment On the 2008 AIG Bailout

The Honorable Henry M. Paulson, Jr.

Former US Treasury Secretary Henry Paulson testified as an expert witness as part of a lawsuit alleging the 2008 federal rescue of American International Group Inc. (AIG) cost shareholders billions of dollars.

Mr. Paulson fielded questions about possible private-sector solutions for AIG, that plaintiffs contend the government wrongfully ignored. While his testimony was slated for a 6 hour time slot, Mr. Paulson was dismissed in two hours due to his strong testimony.

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