Is Davos Good For Nothing or a Little Bit of Something?

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It may be a perennial magnet for baseless conspiracy theories, but the big mystery at the heart of the latest Davos summit is whether it can draw enough big-name attendees.

This year's World Economic Forum (WEF) Annual Meeting -- the overreported gathering of the world's rich and powerful in a Swiss Alpine resort town -- kicked off this Sunday with a lot less fanfare than usual. One reason: fewer people want to be seen at swanky conferences hobnobbing with billionaires when times are tough.

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Source Fool.com