PAUL VOLCKER

Age: 81. Born Sept. 5, 1927 in Cape May, N.J.

Experience: Independent Inquiry into the U.N. Oil for Food Programme, 2004-05; chairman, James D. Wolfensohn Inc., 1988-96; professor of international economic policy, Princeton University, 1988-95; chairman, National Commission on the Public Service, 1987-90, 2002-03; chairman of the Federal Reserve, 1979-87; president, Federal Reserve Bank of New York, 1975-79; undersecretary, Treasury Department, 1969-74; deputy undersecretary of monetary affairs, Treasury Department, 1963-65; director, Treasury Department's Office Financial Analysis, 1961-63; vice president, Chase Manhattan Bank, 1965-68; financial economist, Chase Manhattan Bank, 1957-61; economist, Federal Reserve Bank of New York, 1952-57.

Education: Bachelor's degree, Princeton University, 1949; master's degree, Harvard University, 1951; postgraduate work, London School of Economics.

Family: Two children

AUSTAN GOOLSBEE

Age: 39. Born August 18, 1969 in Waco, Texas.

Experience: Professor of economics, University of Chicago, since 2001; member, U.S. Census Advisory Committee, 2001-2006; special consultant for internet policy, Justice Department, 2000-01; associate and assistant professor of economics, University of Chicago, 1999-1995

Education: B.A., Yale University, 1987-91; M.A., Yale University, 1987-1991; Ph.D., M.I.T., 1991-1995.

Family: Wife, Robin Eve Winters, three children.