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Posted Wednesday, January 23, 2008 10:59 AM

Paging Henry Paulson

Daniel Gross
One of the parlor games among journalists here has been to guess which heavy financial heavy-hitters won’t be showing up in Davos due to the continuing financial crises at home. After all, nobody wants to be the next Jimmy Cayne, the Bear, Stearns chief executive officer who was sent packing in part because he spent a chunk of the summer at a bridge tournament while his firm was coping with the subprime crisis. The consensus seems to be that James Dimon, the CEO of J.P. Morgan Chase who is one of the co-chairs of this year’s forum, will show up come hell or high water. But several of the rest – including Blackstone Group CEO Steve Schwartzman and Merrill, Lynch CEO John Thain – seem  to be up in the air. NEWSWEEK has learned that one of America’s most prominent business bigwigs—Treasury Secretary Henry Paulson—will not be attending.
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