WASHINGTON–The Federal Reserve Board of New York has named three trustees, including Jill Considine, a former New York banking commissioner, to control the government's 79.9 percent share of American International Group.
Ms. Considine is currently on the board of troubled bond insurer Ambac. The other trustees are Chester B. Feldberg, former chairman of Barclays Americas, and Douglas L. Foshee, president and chief executive officer of El Paso Corp.
The New York Fed said the appointments were made with the full support of the Treasury Department.
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