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In AIG Trial, Private Property Rights And Preferential Treatment At Issue

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Mark Melin
Published on
Updated on
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It’s funny how some of the financial elite, whose iron clad control is seldom questioned, get testy when someone finally asks tough questions.  That’s playing out in court as the lawsuit over the government’s 2008 seizure of a private business, American International Group Inc (NYSE:AIG), on terms that plaintiffs say have been documented to have been severe relative to bailout terms given to large banks.

AIG trial: Ben Bernanke annoyed by tough questions about property rights

In a Washington D.C. courtroom, where a trial that is about property rights is the toughest question, former Federal Reserve Chairman Ben Bernanke appeared annoyed that anyone would dare question the incident.  Bernanke was reported in the

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.