How Boies Did It: Relentless Focus on U.S. Unfairness to AIG
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During the trial, David Boies was his usual mildly rumpled and mostly unpretentious self, peering over his reading glasses, padding around in his hallmark black suede slipper-shoes and smiling his way to victory in a case that put the U.S. reaction to the financial crisis on trial.
Along the way, Boies won the lion’s share of procedural points as he hammered his theme that the government’s treatment of American International Group Inc. -- and his client, Starr International Co., then AIG’s largest shareholder -- wasn’t fair. U.S. Court of Federal Claims Judge Thomas Wheeler agreed, ruling the Federal Reserve set illegal conditions for an $85 billion rescue loan to AIG in September 2008, though he didn’t award damages.