President Shimon Peres admitted to Prime Minister Binyamin Netanyahu
that the Oslo peace process he helped initiate was based on a mistaken
premise, according to an April 2007 cable of a conversation Netanyahu
had with US Congressman Gary Ackerman, the Wikileaks web site revealed
Netanyahu was opposition leader at the time and Peres was vice premier.
"Netanyahu commented that Shimon Peres had admitted to him that the Oslo
process had been based on a mistaken economic premise, and as a result
European and US assistance to the Palestinians had gone to create a
bloated bureaucracy, with PA employees looking to the international
community to meet their payroll," Ackerman reported in a document first
revealed by Channel 10 reporter Nadav Eyal.