Top bankers, Obama advisers to skip Swiss summit
(NEWSER) - The swanky Davos economic summit was once a top destination for financial and economic power players, but many are skipping the glitz this year for fear of sending the wrong message in a tanking economic climate, Reuters reports. Treasury secretary-designate Timothy Geithner is sitting out the resort event, as are other top appointees, Citigroup CEO Vikram Pandit, and recently ousted Bank of America chief John Thain. More»