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.



International Board Meeting, Washington, D.C., April 6-7, 2009

International Board Meeting, Washington, D.C., April 6-7, 2009

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TO AVERT DISASTER, STOP ISOLATING HAMAS

In this op-ed for the Financial Times, Lord Patten of Barnes asks if it is not time for the U.S., Europe, the Arab League and other concerned parties to rescue Israel and Palestine from a drift to further disaster. Interested players must end the fragmentation of Palestine, promote a reconciliation between Hamas and Fatah, and set out in a Security Council resolution what they believe an agreement in Palestine and Israel should comprise, he urges. If others will not sign up to this the European Union should go it alone.

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