Paul A. Volcker

Paul A. Volcker served as Chairman of the Board of Governors of the U.S. Federal Reserve System. He is former Chairman of Wolfensohn & Co., Inc., as well as Professor Emeritus of International Economic Policy at Princeton University . Educated at Princeton and Harvard and the London School of Economics, Mr. Volcker divided the earlier stages of his career between the Federal Reserve Bank of New York, Chase Manhattan Bank, and the U.S. Treasury Department.

He was recently Chairman of the Board of Trustees of the International Accounting Standards Committee and also chaired an intensive investigation of the UN’s Oil-for-Food Program. He is involved as consultant, or director of a number of organizations.

He is currently chairman of the newly formed Economic Recovery Advisory Board under President Barack Obama.

General Brent Scowcroft, Eric Melby and Henry Siegman

General Brent Scowcroft, Eric Melby and Henry Siegman

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Will Greater Israel Transform into Greater Palestine?

The future for Israelis and Palestinians has never been bleaker than it is now, in the wake of the savage assault by two Palestinians on Jewish worshippers in a Jerusalem synagogue.

The trauma of the event falls most heavily on Israelis, for Palestinians in the West Bank have lived for some time now in despair of their future and the future of their children, seeing no end to Israel’s occupation. In contrast, many Israelis have believed that denying millions of Palestinians in the West Bank their right to self-determination and statehood is a “sustainable” state of affairs. This illusion has been shattered by the assault on the Jerusalem synagogue. Israelis are now experiencing some of the insecurity and hopelessness so deeply felt by Palestinians in the Occupied Territories, and also by Israel’s Arabs, particularly the ones in East Jerusalem.

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