The federal government is opposing a man's request to take the deposition of Treasury Secretary Timothy Geithner in a lawsuit that challenges the bailout of American International Group on religious grounds, claiming the insurance giant sold financial products specifically tailored to Islamic principles. The government attorneys called the Geithner deposition a "fishing expedition" and said there are limits to unwinding the decision-making process of the executive branch.
January 21, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The federal government is opposing a man’s request to take the deposition of Treasury Secretary Timothy Geithner in a lawsuit that challenges the bailout of American International Group Inc.
A lawsuit was filed in 2008 on religious grounds, claiming the government should not have bailed out AIG because the insurance giant sold financial products specifically tailored to Islamic principles.
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