Monthly Archives: January 2009

John Gapper

I note that Bill Clinton, whom I warned last year was in danger of tarnishing his Davos brand by being nasty about Barack Obama on the US campaign trial, seems to have bounced back.

The absence of any senior figures from the US administration at the World Economic Forum this year has left Mr Clinton to re-occupy his place as the well-loved philanthropist and former president who represents the acceptable – even loveable – face of the US in Europe. Read more

John Gapper

The latest recipient of a bail-out seems to be Matthew Bishop, the author with Michael Green, of Philanthrocapitalism: How the Rich Can Save the World, a book about the new wave of philanthropy by business leaders and billionaires.

Matthew, who works for The Economist, had the misfortune to publish his book last August, at precisely the moment when the financial bubble popped and the notion that the such people were benefactors from whom traditional foundations and governments should learn lost its appeal. Read more

John Gapper

I ran into Nouriel Roubini, the New York University economist who made his name by being very gloomy about the world economy and the financial system before both came crashing down, last night. I think it is fair to say that he was looking extremely cheerful.

For one thing, Prof Roubini – who is known as Doctor Doom – is omnipresent in Davos this year, along with his fellow seer of pessimism, Nassim Nicholas Taleb, author of The Black Swan. He is officially on four panels (Mr Taleb is on six) but he told me he is speaking at 10 events in Davos altogether. Read more

John Gapper

davos.jpg

My column in the FT this week, as promised, relates to a certain Swiss ski-ing resort: Read more

John Gapper

I have a review of Jeff Jarvis’s What Would Google Do? in Thursday’s FT. I enjoyed reading it but I disagreed with much of what it said.

It took a long time to work out what was wrong with this book. But near the end, Jeff Jarvis himself, in his agreeably open manner, comes close to pointing it out. He has got the wrong company. Read more

John Gapper

On my travels, I neglected to post the review I wrote for the FT on Monday of Kenneth Roman’s The King of Madison Avenue, a biography of the late David Ogilvy:

In 1989, having dismissed Martin Sorrell as “this gnome” and vilified him in the Financial Times, David Ogilvy took up Mr Sorrell’s offer to absorb Ogilvy & Mather into WPP and make Ogilvy non-executive chairman. Read more

John Gapper

I started my day in Davos with Richard Edelman of the eponymous public relations company at a breakfast to launch its annual trust barometer report.

The conclusion is that trust in chief executives and private enterprise is at an all-time low. Trust in US business fell from 58 per cent last year to 38 per cent, bringing it in line with levels similar to the other side of the Atlantic. Read more

John Gapper

Here I am in Davos and where is everyone else?

A lot of chief executives have signed up for the World Economic Forum but seem to be getting cold feet, so to speak, at the last minute. Today, we learned that Bob Diamond, president of Barclays, will not attend after all. Read more