Most of the worlds top businessmen and leaders are heading to Davos this week for the annual World Economic Forum. Great timing! http://www.weforum.org/en/events/AnnualMeeting2008/index.htm
The more I look into this Davos event the more it looks like all of Wall Street and our "leaders" will actually be there this week! That is if they aren't over there already getting in some skiing or hangover from all the partying that goes on there. This is no joke there may be no "leaders" at home to address the situation unravalling globally.... http://money.cnn.com/news/newsfeeds/articles/djf500/200801202229DOWJONESDJONLINE000424_FORTUNE5.htm "High-level" discussions of the world's problems are Davos' stock in trade. A Thursday session on systemic risks features both U.S. Treasury Secretary Henry Paulson and European Central Bank President Jean Claude Trichet. Other notables from the world of finance include Goldman Sachs Group (GS) Chief Executive Lloyd Blankfein, private-equity honcho Stephen A. Schwarzman of Blackstone Group (BX), and hedge-fund titan George Soros. And some executives from banks at the heart of the subprime problem are also expected to be on hand, including new Merrill Lynch (MER) Chief Executive John Thain. I like how the Telegraph describes it "Is Davos our last resort"? http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/20/ccdavos120.xml