Schmoozefest

Last week, as Nestlé's top man, Peter Brabeck-Letmathe, enjoyed the schmoozefest in Davos, activists Baby Milk Action held a conference nearby to unveil a document that claims Nestlé haven't quite played straight with Clooney.

The investment bank sponsors the annual schmoozefest and “summer camp for billionaires” for the same reason that companies give away their luxury products in Oscars gift baskets[…]