PCSCB Commissioners


Kathleen Brown is President of Bank of America's Private Bank West. She has been with Bank of America since 1994. From 1991 until 1994, she served as California's 28th Treasurer, responsible for managing the state's investment portfolio, and administering bond sales to finance schools, parks, prisons, housing, health facilities, and environmental programs. Ms. Brown was the Democratic nominee for Governor of California in 1994.

Jon S. Corzine is Co-Chairman and Senior Partner of the investment banking firm Goldman, Sachs & Co. Since joining the firm in 1975, he has held a variety of positions including partner-in-charge of government, mortgage and money markets trading, co-head of the Fixed Income Division and of the firm's treasury and finance functions, and Chief Executive Officer.


Willard W. Brittain, of New York, New York, is Global Managing Partner of PricewaterhouseCoopers.

Stanley E. Collender, of Washington, D.C., is a Senior Vice President and Managing Director of the Federal Budget Consulting Group at Fleishman-Hillard.

Orin S. Kramer, of Englewood, New Jersey, is a general partner of Kramer Spellman, L.P., which manages investment vehicles focusing on the financial services industry.

Richard C. Leone, of Princeton, New Jersey, is the President of The Century Foundation, formerly the Twentieth Century Fund, Inc., a public policy research institution in New York. He was New Jersey State Treasurer and Chief Financial and Budget Officer for 1973-1977.

David Levy, of Pound Ridge, New York, is the Vice Chairman of the Jerome Levy Economics Institute of Bard College and Director of the Levy Institute Forecasting Center.

James T. Lynn, of Bethesda, Maryland, is retired Chairman and Chief Executive Officer of Aetna Life& Casualty. During the Ford Administration, he served as Director of the Office of Management and Budget.

Cynthia A. Metzler, of Washington DC, is a Partner with the law firm of Pepper Hamilton LLP. She was formerly Acting Secretary of Labor during the Clinton Administration.

Luis Nogales, of Beverly Hills, California, is President of Nogales Partners, and was Chairman and CEO of Embarcadero Media and United Press International and President of Univision.

Carol O'Cleireacain, of New York, New York, is a Senior Fellow at The Brookings Institution and former Finance Commissioner and Budget Director of New York City.

Rudolph G. Penner, of Washington, D.C., holds the Arjay and Frances Miller Chair in Public Policy at the Urban Institute. He is a former Director of the Congressional Budget Office.

Steven L. Rattner, of New York, New York, is Deputy Chief Executive of the investment banking firm Lazard Freres & Co. LLC.

Robert M. Rubin, of Southampton, New York, is Executive Vice President and Director of AIG Trading Group, an international currency and commodity dealer.

Herbert Stein, of Washington, D.C., is a senior fellow of the American Enterprise Institute. He served as Chairman of the Council of Economic Advisers under Presidents Nixon and Ford.

President's Commission to Study Capital Budgeting

Commission to Study Capital Budgeting



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