UPDATE 1-Former Fed Chair Bernanke takes stand in AIG bailout trial
October 09, 2014 at 17:08 PM EDT
WASHINGTON, Oct 9 (Reuters) - Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, describing how policymakers sought to avoid giving AIG shareholders a "windfall" through a rescue.