Dominique Strauss-Kahn, naturally, isn't attending this year, and his likely successor Christine Lagarde is in China, but the Bilderberg Conference which kicks off in the Swiss resort of St. Moritz on Thursday retains its conspiratorial chic and pulling power.
The attendee list of Bilderberg is still pretty much the only thing that is not a closely guarded secret, as 120 of the world's richest and most powerful people meet behind closed doors, this time at the Suvretta House hotel in Switzerland, a venue which not only boasts a "fairytale castle" design, but also its own "Teddy World."
The first Bilderberg meeting in 1954 was an attempt to stamp out post-war anti-Americanism in Europe, bringing together senior U.S. and European figures to meet and discuss the international challenges of the day.
Since then, the rich and powerful have continued to meet. The 2010 event, in Sitges, Spain, included on its agenda "The Growing Influence of Cyber Technology," "Security in a Proliferated World," "Promises of Medical Science," and "Can We Feed the World." according to its official website.
Its secrecy only serves to add fuel to the innumerate conspiracy theories that circulate around the event, with Internet message boards often channelling Da Vinci Code author Dan Brown and putting the "club" in the same bracket as the Freemasons and "Illuminati."
"The Bilderbergs are probably the most influential global network of all time. It's an honor to be invited, it's a tremendous honor. Part of it is recognition for work done and part of it is for contribution to enabling world affairs.
"You do get the impression that what is happening is a shaping of ideas and the shaping of a way forward does take place," Kakabadse said.
"There's many reasons why people want to go to the Bilderberg meetings, there are many advantages at a personal level, but then I suppose there's the supreme professional advantage of being recognized as a person who has the capability and has achieved a position in life where you can influence thinking on world affairs," Kakabadse said.