-Caveat Lector-
BOARD OF TRUSTEES
Wilson H. Taylor, Chairman
Chairman and CEO,
CIGNA Corporation
Tully M. Friedman,
Treasurer
Tully M. Friedman
Friedman & Fleischer, LLC
Joseph A. Cannon
Chairman and CEO
Geneva Steel Company
Dick Cheney
Chairman and CEO
Halliburton Company
Harlan Crow
Managing Partner
Crow Family Holdings
Christopher C. DeMuth
President
American Enterprise Institute
Steve Forbes
President and CEO
Forbes Inc.
Christopher B. Galvin
Chief Executive Officer
Motorola, Inc.
Harvey Golub
Chairman and CEO
American Express Company
Robert F. Greenhill
Chairman
Greenhill & Co., LLC
Roger Hertog
President and COO
Sanford C. Bernstein & Co., Inc.
M. Douglas Ivester
Chairman and CEO
The Coca-Cola Company
Martin M. Koffel
Chairman and CEO
URS Corporation
Bruce Kovner
Chairman
Caxton Corporation
Kenneth L. Lay
Chairman and CEO
ENRON Corporation
Marilyn Ware Lewis
Chairman
American Water Works Company,
Inc.
Alex J. Mandl
Chairman and CEO
Teligent, LLC
Craig O. McCaw
Chairman and CEO
Eagle River, Inc.
Paul H. O'Neill
Chairman and CEO
Aluminum Company of America
John E. Pepper
Chairman and CEO
The Procter and Gamble Company
George R. Roberts
Kohlberg Kravis Roberts & Co.
John W. Rowe
Chairman, President, and CEO
Unicom Corporation
Edward B. Rust, Jr.
President and CEO
State Farm Insurance Companies
John W. Snow
Chairman, President, and CEO
CSX Corporation
William S. Stavropoulos
President and CEO
The Dow Chemical Company
James Q. Wilson
James A. Collins Professor
of Management and Public Policy
Emeritus
University of California at Los
Angeles
EMERITUS TRUSTEES
Winton M. Blount
Willard C. Butcher
Richard B. Madden
Robert H. Malott
Paul W. McCracken
Paul F. Oreffice
Henry Wendt
OFFICERS
Christopher C. DeMuth
President
David Gerson
Executive Vice President
John R. Bolton
Senior Vice President
COUNCIL OF
ACADEMIC ADVISERS
James Q. Wilson, Chairman
James A. Collins Professor
of Management and Public Policy
Emeritus
University of California at Los
Angeles
Gertrude Himmelfarb
Distinguished Professor
of History Emeritus
City University of New York
Samuel P. Huntington
Albert J. Weatherhead III
University Professor of Government
Harvard University
D. Gale Johnson
Eliakim Hastings Moore
Distinguished Service Professor
of Economics Emeritus
University of Chicago
William M. Landes
Clifton R. Musser Professor
of Economics
University of Chicago Law School
Sam Peltzman
Sears Roebuck Professor of
Economics and Financial Services
University of Chicago
Graduate School of Business
Nelson W. Polsby
Professor of Political Science
University of California at Berkeley
George L. Priest
John M. Olin Professor
of Law and Economics
Yale Law School
Thomas Sowell
Rose and Milton Friedman Senior
Fellow in Public Policy
Hoover Institution
Stanford University
Murray L. Weidenbaum
Mallinckrodt Distinguished
University Professor
Washington University
Paul Wolfowitz
Dean
Paul H. Nitze School of Advanced
International Studies
Johns Hopkins University
Richard J. Zeckhauser
Frank Plumpton Ramsey Professor
of Political Economy
Kennedy School of Government
Harvard University
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