March 24, 1999

PRESIDENT CLINTON NAMES CRESENCIO S. ARCOS AND STEPHEN FRIEDMAN AS MEMBERS OF THE PRESIDENT?S FOREIGN INTELLIGENCE ADVISORY BOARD

                              THE WHITE HOUSE

                       Office of the Press Secretary
For Immediate Release                                            March 24,
1999


PRESIDENT CLINTON NAMES CRESENCIO S. ARCOS AND STEPHEN FRIEDMAN AS MEMBERS
          OF THE PRESIDENT?S FOREIGN INTELLIGENCE ADVISORY BOARD

     The President today announced his intent to appoint Cresencio S. Arcos
and Stephen Friedman to serve as Members of the President?s Foreign
Intelligence Advisory Board.

     Ambassador Cresencio S. Arcos, of Coral Gables, Florida, is Vice
President of AT&T Latin America.  A former career Foreign Service Officer,
Ambassador Arcos served in a number of key diplomatic posts and positions,
including Ambassador to Honduras; Senior Deputy Assistant Secretary of
State for International Narcotics and Crime; and Deputy Assistant Secretary
of State for Central America.  He also served in the White House Office for
Communications and Planning.  He is a member of the Council on Foreign
Relations and the Hispanic Council on International Relations, and is on
the board of directors of both the Caribbean-Latin American Action and the
Council of the Americas.  A native of San Antonio, Texas, Ambassador Arcos
earned his B.A. degree from the University of Texas, Austin and his M.A.
from Johns Hopkins University (SAIS).

     Mr. Stephen Friedman, of New York, New York, was for many years a
General Partner of Goldman, Sachs & Co., and retired as its Chairman in
1994.  He is currently Chairman of the Board of Trustees of Columbia
University, Chairman of the Executive Committee of The Brookings
Institution, and a member of the Executive Committee of the Memorial
Sloan-Kettering Cancer Center in New York.  He is a Director of Wal-Mart
Stores, Inc. and Fannie Mae.  Mr. Friedman served as a member of the
Commission on the Roles and Capabilities of the U. S. Intelligence
Community and on the Jeremiah Panel, which reviewed the Defense
Department?s National Reconnaissance Office.  He currently is a Senior
Principal of Marsh & McLennan Capital, Inc.

     The President?s Foreign Intelligence Advisory Board (PFIAB) is
responsible for assessing the quality, quantity and adequacy of
intelligence collection, analysis and estimates, counterintelligence and
other related activities.  The PFIAB has the authority to review, on behalf
of the President, the performance of all U.S. Government agencies engaged
in the collection, analysis, production of foreign intelligence, or the
execution of foreign intelligence policy.

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