Anxiety in the air as world elite meets in Davos

Managing Director of the International Monetary Fund, IMF, Christine Lagarde speaks during a panel session on the first day of the Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, Jan. 20, 2016. (Laurent Gillieron/Keystone via AP)DAVOS, Switzerland (AP) — In the couple of hours before Morgan Stanley chief James Gorman sat down Wednesday to speak on a panel in Davos, Switzerland, he had lost some $600,000 on the value of his shares in the bank.


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