Central bank to select three individuals.
The Federal Reserve is set to appoint trustees to oversee the U.S. government's stake in American International Group Inc.
The central bank plans to select three individuals with business experience to manage the public 80% stake in AIG.
The three independent trustees, who are expected to be named within the next two weeks, would exercise control of the government's equity stake in AIG, taking over that role from Fed and Treasury officials who executed the bailout.
