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Alex Ferguson writes:
Just seen on Reuters' website:
Many bankers, in particular U.S. ones, are avoiding the glitz of the Davos slopes this year. Those who have dropped out at the last moment include Citigroup Chief Executive Vikram Pandit and former Merrill Lunch chief John Thain.
Merrill Lunch?
Wasn't dropping $1.2m on an office enough for Mr Thain?
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