Word: skis
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...Idyllic Davos, Switzerland, hardly looks like a place for a somber meeting of Europe's business leaders. Although it was the setting for Thomas Mann's moody masterpiece The Magic Mountain, Davos is better known as one of Europe's most fashionable ski resorts. Yet every year top executives trek off to Davos for the European Management Forum, perhaps the world's most high-powered business convention. Last week 450 Europeans, including Heinz Duerr, president of the West German electrical firm AEG-Telefunken, Corp.; Gordon Stevens, a director of Unilever Ltd.; and John Raisman, Deputy Chairman...
...neither the length of the sessions (8:30 a.m. to 7 p.m. daily) nor the tedium of some speakers dampened the playful mood of most participants. Observed one executive: "Among other things, the forum offers a delightful vacation on the expense account." Many came to the meetings wearing ski togs instead of business suits and parked the rest of their sports gear at the door. Said one who attended: "You'd feel naked here without your skis." At night the almost exclusively male executives and their female companions dressed in the finest evening wear and quaffed magnums of champagne...
With little public notice, a judge in Switzerland, responding to claims lodged by Swiss lawyers representing Iran's central bank, ordered the Shah's villa in the ski resort of St. Moritz to be held under a writ of attachment barring its sale or alteration. The Shah had paid some $2 million for it in 1968. Iranian officials claimed that they have gained similar court sanctions against 13 other assets of the Shah's family in Switzerland, including a $440,000 Geneva apartment owned by Princess Ashraf, the Shah's sister...
...Rockies, where the dastardly high is centered, have also remained especially dry. The best snow at many ski resorts in the region is manmade. At Colorado's Crested Butte, in fact, there is a special type of man-made snow. One day last week resort operators there enlisted a band of Ute Indians to do a snow dance. Sure enough, there was an unexpected snowfall by morning...
...situation in Nevada, Utah, New Mexico and Arizona is about the same. In Colorado the snowpack is just half as deep as usual by now, and only the expensive snowmaking machinery installed after the disastrously dry season of 1976-77 is salvaging a share of the state's ski business this year...