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WEF: Meeting Of The Minds Or Five-Day Long E-binge? Or Both?


So. The World Economic Forum. In Davos, Switzerland. Beginning today. Obviously our invites got lost in the mail (we’ve never trusted the postal service before and, apparently, our “paranoia,” as some like to call it, was completely warranted). But that’s kind of beside the point—it’s not like Carney could even go, what with the “broken leg,” and even if my invitation hadn’t been misplaced, this week’s been pretty jammed for me since before May. So the DealBreakers probably would’ve had to say “rain check” to the whole event, anyway. Which was fine by us, we weren’t bitter or anything about the snub silly mix-up. Until we read Bloomberg’s first journal entry describing what sounds like the most insane rave/orgy/social experiment/acid trip ever, that is.

This week, [Andreas] Heinecke brings his drapes and deadbolts to the 37th World Economic Forum in Davos, Switzerland, where he aims to usher luminaries such as BP Plc Chief Executive Officer John Browne and Coca-Cola Co. CEO E. Neville Isdell into a pitch-black sensory deprivation chamber alongside Google Inc. CEO Eric Schmidt, Citigroup Inc. CEO Charles Prince and hedge fund Third Point LLC's chief executive, Daniel Loeb.
``Dialogue in the Dark is an intimidating situation,” Heinecke says of his mischievous management training method, which involves CEOs spending an hour inside a dark room rigged with surprises and traps while attempting to accomplish a series of tasks and discussing how they feel about losing their authority and influence.
The WEF game plan involves Israeli philosopher Addyd Emile, three multilingual blind women and a wine bar to help 24 WEF delegates at a time to ``rely on their humanity to survive'' an encounter with their personal hobgoblins.
Navigating the maze without vision combines the tingle of an amusement-park thrill ride with the resoluteness of making instantaneous decisions that affect the other executive team members. The global leaders are probably in for “a magical mystery tour of management'' once they enter the dark room.

Now we’d give Carney’s one functioning leg to be there. We guess The 'Berg's updates will have to suffice. And DealBook's Davos Diary. And the hidden camera we got Daniel Loeb to agree to wear pinned to the lapel of his jacket for the entirety of the conference.
Chiefs at Davos Face Panic, Intimidation in Darkness at Noon [Bloomberg]
Your Invitation to Mingle With Bono [DealBook]


Yahoo! RésuméGate, Day 9: Scott Thompson Didn't Even Offer Yahoo The Courtesy Of A Fake Résumé

Last Thursday afternoon, hedge fund manager Daniel S. Loeb, who is waging a proxy battle against Yahoo, made a simple request: that the board of directors fire CEO Scott Thompson, who had lied about having a computer science degree from Stonehill College, when in fact the academic fraud only graduated with a degree in accounting. Loeb wanted the job done by Monday at 12 noon, EST and as the deadline passed, it was clear the request was would not be honored. As a result, Loeb was forced to demand every single document related to Thompson's hiring at the company. Emails, heading hunting referrals, thoughts, feelings, the works. Most importantly, the résumé Thomspon submitted when applying for the gig. Did Loeb enjoy dragging this out? No. Did he take pleasure in watching the "carnage" unfold? Certainly not, and he's shocked and offended anyone would ever think that. Nevertheless, a computer science degree had been fabricated out of thin air and Loeb felt he owed it to shareholders to get some answers. And while Yahoo! has presumably not yet faxed over the documents he asked for, they did offer this: Apparently the Yahoo chief says he's being honest when he tells us no fake résumés were submitted to Yahoo because they never got any résumés, period. Yahoo‘s embattled chief executive, Scott Thompson, told the company’s senior management on Thursday that he never submitted a résumé or falsified his academic credentials, a person briefed on the matter said. [Dealbook]