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Meet The Media World's John Thain

It's Portfolio editor Joanne Lipman who, according to the New York Post (always a dangerous source, but in this case apparently a reliable one), not only insisted on going to Davos, but insisted on flying there first class--this just a few weeks after pink-slipping a good portion of her magazine's staff. Lipman's behavior might not draw a presidential censure, but that doesn't make it any less shameful.

--Jason Zengerle