Davos lite ... circa 2009

What a difference a year can make. For starter, the U.S. has a new and intelligent president. Second, Davos World Economic Forum is on longer. The good old rich boys are rich no more. Goldman Sachs has canceled its brash annual party. Lehman Brothers is, of course, a no show, and so is Mr. Pandit, the wobbly chair of Citi. Mr. Thain, who anticipated to host a power breakfast at Davos on Friday morning, could not- he was thrown out of BofA on Thursday, Jan. 22, 2009! Amazing is the word.