President Obama Names Economic Recovery Advisory Board


President Barack Obama named the members of the Economic Recovery Advisory Board. The board will be chaired by former Federal Reserve Chairman Paul Volcker and will be directed inside the White House. Several experts on the 15-member panel have close ties to the high-tech community: 1) John Doerr, a partner at venture capital firm Kleiner, Perkins, Caufield & Byers who helped launch companies like Amazon, Google, Compaq and Netscape. 2) Oracle Corp. President Charles Phillips, who was previously with investment bank Morgan Stanley and a captain in the U.S. Marine Corps. 3) University of California at Berkeley business school dean Laura Tyson, a former economic adviser to President Bill Clinton and author of a recent report on the economic impact of intellectual property enforcement. 4) General Electric CEO Jeffrey Immelt, who has been with GE since 1982 and serves on the board of the New York Federal Reserve Bank.

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